Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2023. IRS ruling in Apr 1988.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
78 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
4 people listed on the 990; $554K paid to officers and key staff.
Charles Fredrick Safstrom’s $144K as CEO is at the 67th percentile of top reported officer pay among 2036 $1–10M housing nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 7 named individuals · Part VII
| Name | FY2023 | FY2022 | FY2021 |
|---|---|---|---|
| Fred Safstrom | — | $172,287 | $130,047 |
| Charles Fredrick Safstrom | $144,167 | — | — |
| Janice Nishikawa | $139,101 | $133,745 | $124,844 |
| Elizabeth Kohl | — | $138,476 | $123,309 |
| Renata Hoyle Maybruck | $129,851 | — | — |
| Candace Chamlee | $116,037 | — | — |
| Crystal Simpson | $103,235 | $109,485 | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Provides safe, affordable housing and services for low-income residents in Snohomish County and Camano Island.
Questions for Housing Hope
Your first name shows with your question. Housing Hope answers here, for everyone.
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Service Enriched Affordable Housing
During year ended June 30, 2022, Housing Hope provided 601 affordable units (including tax credit properties) of which six were emergency shelter units and 236 dedicated to serving households that were experiencing homelessness.
Children's Programs
The ChildHope initiative is comprised of four programs: Tomorrow's Hope Child Development Center, parenting educating courses at College of Hope, Housing Hope's Teen and Young Families Program, and in-home interventions provided by Child and Family Specialists.
Employment Program
The Agency's social services program has been "vocationalized" to help participants gain critical job readiness skills necessary to be competitive in the job market and to contribute positively to the community's workforce.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2022 990, line by line.
Download 990
| Line | Start FY22 | End FY22 |
|---|---|---|
| Cash and savingsLn 1–2 | $79K | $1.2M |
| Land, buildings, equipmentLn 10c | $35.0M | $32.3M |
| Total assetsLn 16 | $53.1M | $46.8M |
| LiabilitiesLn 26 | $29.3M | $27.2M |
| Net assetsLn 32 | $23.9M | $19.7M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic individualsLn 2 | $162K | $162K | ||
| Pay of current officers, directors and key staffLn 5 | $554K | $554K | ||
| Pay of disqualified personsLn 6 | $0 | $0 | $0 | $0 |
| Other salaries and wagesLn 7 | $5.4M | $4.1M | $934K | $377K |
| Other employee benefitsLn 9 | $514K | $348K | $137K | $29K |
| Payroll taxesLn 10 | $582K | $430K | $119K | $33K |
| Management feesLn 11a | $461K | $378K | $84K | |
| Professional fundraising feesLn 11e | $0 | $0 | ||
| Advertising and promotionLn 12 | $50K | $36K | $6K | $8K |
| Office expensesLn 13 | $166K | $140K | $25K | $2K |
| Information technologyLn 14 | $287K | $199K | $80K | $8K |
| OccupancyLn 16 | $710K | $705K | $3K | $1K |
| TravelLn 17 | $33K | $31K | $137 | $2K |
| InterestLn 20 | $860K | $761K | $89K | $11K |
| Depreciation, depletion and amortizationLn 22 | $1.2M | $1.2M | $9K | |
| InsuranceLn 23 | $188K | $186K | $405 | $2K |
| Other expenses (24a–d)Ln 24 | $747K | $698K | $35K | $13K |
| All other expensesLn 24e | $168K | $121K | $42K | $5K |
| Total functional expensesLn 25 | $12.1M | $9.5M | $2.1M | $490K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2023 Latest | $9.6M | $14.7M | −$5.1M | $14.8M | 990 PDF |
| FY2022 Viewing | $11.1M | $12.1M | −$1.0M | $19.7M | 990 PDF |
| FY2021 | $13.0M | $10.9M | $2.0M | $20.9M | 990 PDF |
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Schedules filed Part IV
See the full FY2022 990 (6 parts)
Part I · Summary $11,092,124 revenue, 12 lines filed
Part VI · Governance 21 of 21 board members independent, no flags
Part VIII · Statement of revenue $11,092,124 across 12 lines filed
Part IX · Statement of functional expenses $12,113,531 across 18 lines filed
Part X · Balance sheet $46,832,610 assets, 17 lines filed
Part XI · Reconciliation of net assets $19,668,768 net assets at year end
Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File
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