Seattle Community Investments

Nonprofit profile at a glance

EIN
203317176
IRS 990-EZ coverage
2020–2025
Forms available
Form 990 2019, Form 990-EZ 2025, Form 990-N 2021
Location
Seattle, WA, USA
Phone
2066153559
Rating
35
Verdict
REVIEW
Rating confidence
Moderate
Sector
Community, Neighborhood Development

Reported finances

Revenue
$237
Expenses
$1,349
Assets
$31,043
Liabilities
$4,164

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • Sally Clark (President)
  • DORENE CORNWELL (VICE PRESIDENT)

People named in this filing

  • Sally Clark (President)
  • DORENE CORNWELL (VICE PRESIDENT)
  • ROD BRANDON (SECRETARY / TREASURER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Primary exempt purpose is to serve or provide investment capital to low-income communities or low-income persons. The corporation was the recipient of an allocation of new market tax credits as part of the new markets tax credit program, pursuant to section 45d of the internal revenue code of 1986, as amended (the "code"). The allocation was sub-allocated to a subsidiary of community development entity, seattle community investments sub-code i, llc, which in turn received qualified equity investments to make loans to qualified active low-income community business (qalicbs), as defined in the code. Five loans in total were made at interest rates below market interest rates, recipients included: neighborhood house high point qalicb, ywca greenbridge, llc and the young women's service association of seattle-king county. All recipients qualified as qalicbs, as defined in the code proceeds of the loans are used to revitalize and benefit the low-income communities in which they operate.

What it reported doing in 2025

Minimal activity during the year

Operating model

Revenue model
Investment-supported. 80% of the money available for current operations came from recurring investment income.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

REVIEW - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 82
  • Sustainability: 38
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -469.2%; rating input score 3; 3rd percentile among comparable filings
  • Total-asset coverage ratio: 23.01; rating input score 96; 96th percentile among comparable filings
  • Liabilities to assets ratio: 0.13; rating input score 13; 13th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -92.1% per year; rating input score 0; 4th percentile among comparable filings
  • Revenue growth: -24% per year; rating input score 0; 13th percentile among comparable filings
  • Asset growth: -14.6% per year; rating input score 0; 14th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 5 filing years from 2020 to 2025
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 3 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Sustainability: Operating margin scored 3/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 13/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.