Stevens County Housing Coalition Dba Columbia Apartments

Nonprofit profile at a glance

EIN
911439336
IRS 990-EZ coverage
2013–2024
Forms available
Form 990-EZ 2024
Location
Spokane, WA, USA
Phone
5094596102
Rating
75
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Low-Income & Subsidized Rental Housing

Reported finances

Revenue
$114,135
Expenses
$130,397
Assets
$171,311
Liabilities
$443,487

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • Paul Wade (President)
  • Marilyn Haney (Vice President)

People named in this filing

  • Paul Wade (President)
  • Marilyn Haney (Vice President)
  • Michael Snook (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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide housing for those with chronical mental illness.

What it reported doing in 2024

Stevens County Housing Coalition, doing business as Columbia Apartments, provides housing for low-income individuals who suffer from chronical mental illness in accordance with HUD guidelines. The property maintains 12 units. Each unit was occupied for the duration of the fiscal year ending 7/31/2025. Columbia Apartments collected $50,703.47 from tenants and the remaining $77,031.44 was supplemented by HUD.

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

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and assets have declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 73
  • Transparency & Controls: 82
  • Sustainability: 33
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 76.1%; rating input score 76
  • Program expense ratio: 66.7%; rating input score 67

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -14.2%; rating input score 12; 12th percentile among comparable filings
  • Total-asset coverage ratio: 1.31; rating input score 68; 68th percentile among comparable filings
  • Liabilities to assets ratio: 2.59; rating input score 2; 2nd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 0.9% per year; rating input score 100; 33rd percentile among comparable filings
  • Revenue growth: 0.3% per year; rating input score 100; 23rd percentile among comparable filings
  • Asset growth: -7.3% per year; rating input score 0; 13th percentile among comparable filings

Details

  • Where the money goes: 76.1% of revenue deployed · 66.7% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $87K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 11 filing years from 2013 to 2024
  • Contacts: How to reach this organization
  • 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 — Sustainability: Operating margin scored 12/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 2/100.