WALNUT GROVE NONPROFIT HOUSING

Address
2500 MAIN STREET RM/STE 210D
VANCOUVER, WA 986602697
Contact
Phone: +1 (360) 993-9552
Nonprofit
NTEE: L20 - Housing Development, Construction, Management
EIN: 33-1064333

Mission

TO OWN AND OPERATE AN AFFORDABLE 65 UNIT APARTMENT PROJECT FOR THE ELDERLY IN VANCOUVER, WA.
 20162015201420132012
Basic features of the organization
Year of formation2003
Metropolitan statistical area6442
Form of organization
CorporationTrue
Human resources, including compensation
Summary compensation info
Number of employees00000
Number of volunteers5577 
Personnel
David, Jim
TitleDIRECTORDIRECTOR   
Name of key/compensated personJIM DAVIDJIM DAVID   
Position of compensated person
Current individual trustee or directorTrueTrue   
Average hours per week working for org1.001.00   
Reportable compensation from org$0.00$0.00   
Other comp, non-reportable, from org and related orgs$0.00$0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00   
Derenzo, Susan
TitleCHAIRCHAIRVICE CHAIRVICE CHAIRVICE CHAIR
Name of key/compensated personSUSAN DERENZOSUSAN DERENZOSUSAN DERENZOSUSAN DERENZOSUSAN DERENZO
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrueTrue
Average hours per week working for org1.001.001.001.001.00
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Hamilton, Elizabeth
Title    DIRECTOR
Name of key/compensated person    ELIZABETH HAMILTON
Position of compensated person
Current individual trustee or director    True
Average hours per week working for org    1.00
Reportable compensation from org    $0.00
Other comp, non-reportable, from org and related orgs    $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs     $0.00
Manley, Roch
Title  CHAIRCHAIRCHAIR
Name of key/compensated person  ROCH MANLEYROCH MANLEYROCH MANLEY
Position of compensated person
Current individual trustee or director  TrueTrueTrue
Average hours per week working for org  1.001.001.00
Reportable compensation from org  $0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs  $0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00$0.00$0.00
Schachterie, Scott
TitleDIRECTORDIRECTOR   
Name of key/compensated personSCOTT SCHACHTERIESCOTT SCHACHTERIE   
Position of compensated person
Current individual trustee or directorTrueTrue   
Average hours per week working for org1.001.00   
Reportable compensation from org$0.00$0.00   
Other comp, non-reportable, from org and related orgs$0.00$0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00   
Schachterle, Scott
Title  DIRECTORDIRECTORDIRECTOR
Name of key/compensated person  SCOTT SCHACHTERLESCOTT SCHACHTERLESCOTT SCHACHTERLE
Position of compensated person
Current individual trustee or director  TrueTrueTrue
Average hours per week working for org  1.001.001.00
Reportable compensation from org  $0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs  $0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00$0.00$0.00
Smith, Christine
TitleSECRETARY/TRSECRETARY/TRSECRETARY/TRSECRETARY/TRSECRETARY/TR
Name of key/compensated personCHRISTINE SMITHCHRISTINE SMITHCHRISTINE SMITHCHRISTINE SMITHCHRISTINE SMITH
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrueTrue
Average hours per week working for org1.001.001.001.001.00
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Smith, Effie
Title  DIRECTORDIRECTORDIRECTOR
Name of key/compensated person  EFFIE SMITHEFFIE SMITHEFFIE SMITH
Position of compensated person
Current individual trustee or director  TrueTrueTrue
Average hours per week working for org  1.001.001.00
Reportable compensation from org  $0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs  $0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00$0.00$0.00
Stone, Denise
TitleVICE CHAIRVICE CHAIRDIRECTORDIRECTORDIRECTOR
Name of key/compensated personDENISE STONEDENISE STONEDENISE STONEDENISE STONEDENISE STONE
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrueTrue
Average hours per week working for org1.001.001.001.001.00
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Wuest, Philip
Title  DIRECTORDIRECTORDIRECTOR
Name of key/compensated person  PHILIP WUESTPHILIP WUESTPHILIP WUEST
Position of compensated person
Current individual trustee or director  TrueTrueTrue
Average hours per week working for org  1.001.001.00
Reportable compensation from org  $0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs  $0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00$0.00$0.00
Purpose: mission, activities, & accomplishments
Mission or significant activitiesTO OWN AND OPERATE AN AFFORDABLE 65 UNIT APARTMENT PROJECT FOR THE ELDERLY IN VANCOUVER, WA.TO OWN AND OPERATE AN AFFORDABLE 65 UNIT APARTMENT PROJECT FOR THE ELDERLY IN VANCOUVER, WA.TO OWN AND OPERATE AN AFFORDABLE 65 UNIT APARTMENT PROJECT FOR THE ELDERLY IN VANCOUVER, WA.TO OWN AND OPERATE AN AFFORDABLE 65 UNIT APARTMENT PROJECT FOR THE ELDERLY IN VANCOUVER, WA.TO OWN AND OPERATE AN AFFORDABLE 65 UNIT APARTMENT PROJECT FOR THE ELDERLY IN VANCOUVER, WA.
Program service expenses, total$487,207.00$466,976.00$454,898.00$428,309.00$427,020.00
Programs, including revenue & expenses
WALNUT GROVE IS A LOW-INCOME APARTMENT COMPLEX CONSTRUCTED IN ACCORDANCE WITH SECTION 202 OF THE NATIONAL HOUSING ACT AND IS REGULATED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT.
Program expenses$487,207.00$466,976.00$454,898.00$428,309.00$427,020.00
Program revenue$305,457.00$305,694.00$308,278.00$253,163.00$254,905.00
Program descriptionWALNUT GROVE IS A LOW-INCOME APARTMENT COMPLEX CONSTRUCTED IN ACCORDANCE WITH SECTION 202 OF THE NATIONAL HOUSING ACT AND IS REGULATED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT.WALNUT GROVE IS A LOW-INCOME APARTMENT COMPLEX CONSTRUCTED IN ACCORDANCE WITH SECTION 202 OF THE NATIONAL HOUSING ACT AND IS REGULATED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT.WALNUT GROVE IS A LOW-INCOME APARTMENT COMPLEX CONSTRUCTED IN ACCORDANCE WITH SECTION 202 OF THE NATIONAL HOUSING ACT AND IS REGULATED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT.WALNUT GROVE IS A LOW-INCOME APARTMENT COMPLEX CONSTRUCTED IN ACCORDANCE WITH SECTION 202 OF THE NATIONAL HOUSING ACT AND IS REGULATED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT.WALNUT GROVE IS A LOW-INCOME APARTMENT COMPLEX CONSTRUCTED IN ACCORDANCE WITH SECTION 202 OF THE NATIONAL HOUSING ACT AND IS REGULATED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT.
Financial data
Revenue
Total revenue$305,480.00$305,716.00$308,302.00$253,192.00$255,750.00
Revenue from contributions (total) $0.00$0.00$0.00$0.00
Investment income, current yr$23.00$22.00$24.00$29.00$845.00
Total revenue from grants, etc., current yr$0.00$0.00$0.00$0.00$0.00
Total unrelated business revenue$0.00$0.00$0.00$0.00$0.00
Other revenue, current yr$0.00$0.00$0.00$0.00$0.00
Program service revenue (total)$305,457.00$305,694.00$308,278.00$253,163.00$254,905.00
Gross receipts$305,480.00$305,716.00$308,302.00$253,192.00$255,750.00
Other types of revenue
Income from dividends, interest, and similar investments$23.00$22.00$24.00$29.00$845.00
Net rental income $0.00$0.00$0.00$0.00
Expense categories (totals)
Total functional expenses: sum of all$496,352.00$466,976.00$454,898.00$428,309.00$427,020.00
Total functional expenses: program service $487,207.00$466,976.00$454,898.00$428,309.00$427,020.00
Total functional expenses: management and general$9,145.00$0.00$0.00$0.00$0.00
Total functional expenses: fundraising$0.00$0.00$0.00$0.00$0.00
Fees for services
Fundraising service fees (total)$0.00$0.00$0.00$0.00$0.00
General management fees (total)$40,358.00$41,915.00$41,817.00$35,195.00$35,500.00
Assets and liabilities
Total assets$4,990,967.00$5,010,687.00$5,178,687.00$5,324,811.00$5,479,761.00
Total assets, beginning of year$5,010,687.00$5,178,687.00$5,324,811.00$5,479,761.00$5,682,753.00
Total liabilities$216,098.00$44,946.00$51,686.00$51,214.00$31,047.00
Total liabilities, beginning of year$44,946.00$51,686.00$51,214.00$31,047.00$62,769.00
Pledges & accounts receivable, net$10,485.00    
Unrestricted net assets, end of yr-$1,491,846.00-$1,300,974.00-$1,139,714.00-$993,118.00-$818,001.00
Temporarily restricted net assets$6,266,715.00$6,266,715.00$6,266,715.00$6,266,715.00$6,266,715.00
Net assets$4,774,869.00$4,965,741.00$5,127,001.00$5,273,597.00$5,448,714.00
Net assets, beginning of year$4,965,741.00$5,127,001.00$5,273,597.00$5,448,714.00$5,619,984.00
Other liabilities$15,522.00$14,502.00$14,369.00$14,322.00$15,368.00
Other assets$167,209.00$199,419.00$128,371.00$220,369.00$245,594.00
Cash: non-interest bearing$154,033.00$689.00$87,193.00$52,327.00$39,270.00
Cash: non-interest bearing, beginning of year$689.00$87,193.00$52,327.00$39,270.00$1,384.00
Other financial variables
Revenue less expenses-$190,872.00-$161,260.00-$146,596.00-$175,117.00-$171,270.00
Advertising (total)$7.00$7.00   
Accounts receivable, net  $222.00$29.00 
Prepaid expenses & deferred charges$4,472.00$3,312.00$3,665.00$3,713.00 
Accounts payable & accrued expenses$200,576.00$30,185.00$37,317.00$34,398.00$13,181.00
Deferred revenue $259.00 $2,494.00$2,498.00
Total net assets or fund balances$4,774,869.00$4,965,741.00$5,127,001.00$5,273,597.00$5,448,714.00
Depreciation, depletion, amortization$165,322.00$160,262.00$139,698.00$154,668.00$154,667.00
Governance and accountability
Number of voting members55778
Number of independent voting members55778
Financial sheets auditedTrueTrueTrueTrueTrue
Accrual accountingTrueTrueTrueTrueTrue
Tax year start date2016-01-012015-01-012014-01-012013-01-012012-01-01
Tax year end date2016-12-012015-12-012014-12-012013-12-012012-12-01
Metadata about the filing
E-return type: 990, 990EZ, or 990PF990990990990990
Date e-filing submitted2017-10-112016-11-022015-09-092014-11-202013-12-05
IRS schema version2016v3.02015v2.12014v5.02013v3.12012v2.1
Filing identifier201702099349300030201622029349300022201522189349301552201432879349300248201322249349302042
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