Specialized Housing Inc.
Legal name: Specialized Housing Viii Inc
Nonprofit profile at a glance
- EIN
- 931129860
- IRS 990 coverage
- 2011–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Beaverton, OR, US
- Phone
- 503-469-9248
- Rating
- 59
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Low-Income & Subsidized Rental Housing
Reported finances
- Revenue
- $79,181
- Expenses
- $134,854
- Assets
- $573,329
- Liabilities
- $48,792
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- BRIAN MCCARL (EXECUTIVE DIRECTOR)
- DAVID GEELS (PRESIDENT)
- TARA JOHNSON (VICE PRESIDENT)
Highest reported compensation
- BRIAN MCCARL (EXECUTIVE DIRECTOR): $252,315 total reported compensation
- LYDIA WHITAKER (SECRETARY/TREASURER): $143,036 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Specialized Housing, Incorporated, “SHI”, is 501c3 public benefit corporation organized in Oregon and Washington in 1981. Our Mission SHI is dedicated to innovative residential settings that meet the needs of over 400 people many of whom live with Intellectual and Developmental Disabilities and extremely low incomes. In 1988, SHI received the U.S. Department of Housing and Urban Development, “HUD” Award for National Excellence for its “Bold Leadership” in the design and development of special needs housing.
What it reported doing in 2024
During the year specialized hosing viii, otherwise known as bay bridge apartments ("bay bridge"), made available 22 hud housing units to 22 tenants who suffer from medical, emotional, and/or chronic mental illness. Bay bridge apartments has continued to receive recognition as a desirable place to live based on feedback from the coos conty health department which makes referrals to bay bridge.
Operating model
- Revenue model
- Earned-program. 100% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
MIXED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence.
Rating breakdown
- Financial Efficiency: 89
- Transparency & Controls: 60
- Accountability: 9
- Sustainability: 29
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: Limited
- Governance controls: 2 of 9 controls in place; rating input score 22
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -70.3%; rating input score 25; 25th percentile among comparable filings
- Total-asset coverage ratio: 4.25; rating input score 46; 46th percentile among comparable filings
- Liabilities to assets ratio: 0.09; rating input score 19; 19th percentile among comparable filings
- Officer compensation ratio: 19.7%; rating input score 13; 13th percentile among comparable filings
Growth
- Program expense growth: -2.6% per year; rating input score 0; 44th percentile among comparable filings
- Revenue growth: 0% per year; rating input score 100; 60th percentile among comparable filings
- Asset growth: -3.2% per year; rating input score 0; 26th percentile among comparable filings
Details
- What they do: 1 operating location identified
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: 2 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $135K in reported program spending
- Leadership: top reported pay $252K · 8 people listed · 0 of 6 pay-setting controls reported
- Consistency: 19 of 19 current checks pass
- Schedules: 5 filed schedules · includes executive pay
- Filing history: 14 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Related organizations: 7 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Accountability: Governance controls: 7 of 9 not reported.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- High — Growth: Program expense growth scored 0/100.
- High — Sustainability: Operating margin scored 25/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 46/100.
- High — Sustainability: Officer compensation ratio scored 13/100.
- High — Sustainability: Liabilities to assets ratio scored 19/100.
- High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.