NonprofitsHome Trust Of Skagit

Housing & Shelter

Home Trust Of Skagit

MOUNT VERNON, WA

Total revenue

$372K

Total expenses

$413K

Net assets

$867K

Grants received

$10K

5 grants

EIN

271202317

Tax year

2024

Mission

Trust organization, is incorporated to help homeowners in skagit county, washington, secure affordable homes and achieve an equity return on their investment.

Programs

3 programs

Our goal is to have homes in neighborhoods and communities throughout skagit county, providing opportunities for home ownership and equity returns. We partner with the community at large to obtain grants to assist with downpayments for individual homes, buidling and managing the building of affordable homes.

Expenses: $97K

We have 99 year ground leases on homes we have sold throughout the skagit valley both in our own development, summerlynd, and what we call scattered sites. These are affordable homes we have helped members to purchase throughout the skagit valley.

Expenses: $23K

All other

Expenses: $8K

Financials

FY 2024

Revenue

Contributions & grants$198K
Program service revenue$149K
Investment income$25K
Other revenue$877
Total revenue$372K

Expenses

Grants paid
Salaries & benefits$149K
Fundraising
Other expenses$265K
Total expenses$413K
Total assets$2.2M
Net assets$867K

People

10 listed

NameRoleCompensation

Felicia Minto

Executive Dir.

Board

$70K

44 hrs/wk

Mary Hudson

Director

Board

0.25 hrs/wk

Scott Thomas

Director

Board

0.25 hrs/wk

Becki Bell

Treasurer

Board

3 hrs/wk

Susan Rowe

Director

Board

0.25 hrs/wk

Jennifer Martin

President

Board

1 hrs/wk

Michele Metcalf

Vice President

Board

1 hrs/wk

Raul Badillo

Director

Board

0

Richard Brocksmith

Director

Board

0

Garrett Michael

Director

Board

0

Grants received

Showing 5 of 5

FromAmountPurposeYear
$1K
GENERAL FUNDING
2024
$1K
GENERAL FUNDING
2022
$2K
GENERAL FUNDING
2021
$1K
GENERAL FUNDING
2020
$5K
NON-PROFIT ORGANIZATION
2018

Funded by

$10K from 2 funders · 5 grants · 2018–2024

Opus Community Foundation

$5K · 1 grant · 2018

Milton & Miriam Waldbaum Family

$5K · 4 grants · 2020–2024

Details

EIN271202317
NTEE codeL21
Subsection03
Ruling date2010-11
Formed2009
Employees2
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