philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in
Gd Association EIN 94-3095458 Form 990 (PDF) Claim this org

Gd Association FY2024 filing

Not yet claimed Claim this org →

Provides safe housing, ends homelessness, and advocates for community policy changes in Seattle. For fiscal year 2024 it reported $771K in revenue, $864K in expenses, and $895K in net assets.Pt I

Founded
1990
Type
Public charity (501(c)(3)) · Housing
Location
Seattle, WA
Filings
2 on file (2024–2024)
Revenue
$771KFY2024
Expenses
$864K
Net assets
$895K
People
8
Filings
2
Updates
0
More identity details & actions ⌄
EIN  94-3095458 Public charity (501(c)(3)) Seattle, WA Founded 1990
Form 990 (PDF)
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →
Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Gd Association claims this page.

Know this organization? Claim it to add your story

Size
$100K–1M
What they do
Provides safe housing, ends homelessness, and advocates for community policy changes in Seattle.
Leadership
Terry Lott · President · $23K
Money in and out
$771K revenue, $864K expenses
Bottom line
82% program efficiency
Where the money goes · FY2024
Total revenue
$771K
Pt VIII · Ln 12
Total expenses
$864K
Pt IX · Ln 25
Net assets
$895K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$92K
Where spending went · Part IX cols B–D
Program services $0.82 Management & general $0.18
Program efficiency
82%
of spending reaches programs
Operating runway
11.5mo
months of highly liquid reserves at operating expense rate
Surplus margin
-12%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$771K
FY2024
Expenses
$864K
FY2024
Total assets
$1.8M
FY2024
Total liabilities
$885K
FY2024
Total revenue
$771K
Pt VIII · Ln 12
Total expenses
$864K
Pt IX · Ln 25
Net assets
$895K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$92K
Total assetsPt X · Ln 16$1.8M
Program-expense ratioPt IX · col B82%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 48

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CGd Association
EINHdr · item D94-3095458
Principal addressHdr · item CSeattle, WA
WebsiteHdr · item Jnone reported
Year of formationHdr · item L1990
State of legal domicileHdr · item MWA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHousing (L21)
Ruling yearIRS BMFDec 2024

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a8
Independent voting membersPt VI · Ln 1b8
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Terry Lott
President
$22,917Pt VII · Sec A
Hazel Walker-Jackson
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
Vergie Burks
Asst. Treasurer
$0Pt VII · Sec A
Nicole Lott
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Terry Lott’s $57K as President is at the 47th percentile of top reported officer pay among 849 $100K–1M 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 · 2 named individuals · Part VII

NameFY2025FY2024
Terry Lott$57,072$22,917
Nicole Lott$18,281—

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.

See Gd Association executive salaries →

Are you one of these people? Claim this org to confirm your role

Mission & Programs · Part III

Where the work happens

3 program services account for $660K of program spending, described in the organization's own filed words · FY2024.
01

To provide 22 units of affordable housing operating as norman mitchell manor.

$409Kprogram expense
02

To provide 12 units of low income housing operating as alma gamble apartments.

$160Kprogram expense
03

To provide 9 units of low income housing operating as aridell mitchell apartments.

$91Kprogram expense

Run this program? Claim this org to tell your story

Statement of Revenue

Part VIII
Program service revenue$758K · 98%
Investment income$13K · 2%
Program service revenue98%$758K
Investment income2%$13K
Contributions & grants$75
Total revenueLn 12$771K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.82 Management & general $0.18
Program services82%$707K
Management & general18%$156K
Total functional expensesLn 25$864K

Balance Sheet

Part X · end of year
CashLn 1$830K
Total assetsLn 16$1.8M
Total liabilitiesLn 26$885K
Total net assetsLn 32$895K
Months of cash on handcomputed11.5

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $830K · Operating expenses/yr $864K
11.5 months
Where the money goes
Program services
Program services $707K · Total expenses $864K
82%
Management & General
Management & general $156K · Total expenses $864K
18%
Fundraising
Fundraising $0 · Total expenses $864K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $75
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $75 · Total revenue $771K
<0.01%
Government reliance
Government grants — · Total revenue $771K
—
Earned-income share
Program service revenue $758K · Total revenue $771K
98%
Investment reliance
Investment income $13K · Total revenue $771K
+2%
Program self-sufficiency
Program service revenue $758K · Total expenses $864K
88%
Growth & trend
Revenue growth (YoY)
This year $771K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $895K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $771K · Expenses $864K
-12%
Liabilities-to-Assets
Total liabilities — · Total assets $1.8M
—
Net-asset ratio
Net assets $895K · Total assets $1.8M
50%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.8M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Terry Lott · Reported title PRESIDENT · Highest reported compensation $23K · Total expenses $864K
3%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $172K · Total expenses $864K
20%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 82%——
Overhead ratio 18%——
Fundraising cost ratio 0%——
Legal fee ratio 5%——
Accounting fee ratio 9%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · this organization's grantmaking
Grants paid · 1 grant · $5K · 2025–2025
Seattles Union Gospel MissionWA · FY2025$5,253

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$953K revenue · ⤓ 990 PDF
FY2024$771K revenue · viewing · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.