NonprofitsNorthwest Real Estate Capital Corporation

Housing & Shelter

Northwest Real Estate Capital Corporation

BOISE, ID

Total revenue

$28.7M

Total expenses

$16.5M

Net assets

$58.8M

Grants received

$8K

1 grants

EIN

820508784

Tax year

2024

Mission

Low income housing per irs rev. Proc. 96-32the company acquires, manages and preserves low income multifamily housing, primarily hud section 8, usda section 515 and irs section 42 low income multifamily housing for extremely low income and very low and low income populations.

Financials

FY 2024

Revenue

Contributions & grants$4.5M
Program service revenue$9.8M
Investment income$14.1M
Other revenue$288K
Total revenue$28.7M

Expenses

Grants paid
Salaries & benefits$7.3M
Fundraising
Other expenses$9.2M
Total expenses$16.5M
Total assets$111.6M
Net assets$58.8M

People

5 listed

NameRoleCompensation

BRAD ELG

BOARD MEMBER

Board

2 hrs/wk

ERIC STEIGERS

BOARD MEMBER

Board

2 hrs/wk

JAMES G MARTIN JR

BOARD MEMBER

Board

2 hrs/wk

WILLIAM J RUSSELL

BOARD MEMBER

Board

2 hrs/wk

SEE SCHEDULE O

DISCLOSURE

Board

40 hrs/wk

Independent contractors

YETI SERVICES

HOME MAINTENANCE SERVICE

$606K

SASQUATCH CONTRACTING

CONTRACTING SERVICES

$535K

YARDI SYSTEMS

SOFTWARE PROVIDER

$322K

WCF NATIONAL INSURANCE COMPANY

INSURANCE PROVIDER

$317K

VENTIVE LLC

SOFTWARE DEVELOPER

$128K

Grants received

Showing 1 of 1

FromAmountPurposeYear
$8K
Housing Assistance
2020

Funded by

$8K from 1 funder · 1 grant · 2020

Details

EIN820508784
NTEE codeL20
Subsection03
Ruling date1999-08
Formed1999
Employees472
Volunteers0
NORTHWEST REAL ESTATE CAPITAL CORPORATION — Mission, Financials & Grants Received | Grantivo