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Passes our checks

Housing Development Consortium of Seattle-King County

EIN 94-3073588 · Seattle, WA

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthGood81 out of 100GovernanceFair60 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

PROMOTE THE LONG-TERM AVAILABILITY OF AFFORDABLE HOUSING TO LOW-INCOME PERSONS.

Income
$1.6 million
Spending
$1.5 million
Spent on programs
62%
Reserves
6.2 months of spending
Largest source of income
donations and private grants, 100%
Employees
14
Highest pay
$183,846, executive di

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 81 out of 100. Higher than 68% of charities in its peer group (housing, $1m to $10m).

  • Reserves

    28 of 35

    Spendable reserves would cover 6.2 months of spending.

  • Debt

    20 of 20

    It owes 13% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 5% of income.

  • Income trend

    10 of 15

    Income fell 10% on the year before.

  • Spending floor

    8 of 15

    62% of spending went to programs and raising each dollar of donations cost 11 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Fair: 60 out of 100. Higher than 12% of charities in its peer group (housing, $1m to $10m).

  • Independent board

    25 of 25

    21 of 21 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    0 of 10

    Did not give the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    0 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (5)
  1. $868,006 spent. THE HOUSING DEVELOPMENT CONSORTIUM PROVIDES A RANGE OF MEMBER SERVICES, BRINGING TOGETHER ALL SECTOR DISCIPLINES AND PROFESSIONS TO DISCUSS, DELIBERATE, AND ACT TO INCREASE THE QUALITY AND AVAILABILITY OF AFFORDABLE HOUSING IN KING COUNTY. HDC HOSTS/SPONSORS WORKSHOPS, SEMINARS, WEBINARS AND A VARIETY OF FORUMS FOR MEMBERS TO LEARN INDUSTRY BEST PRACTICES, DEVELOPMENT TECHNIQUES AND SKILLS, AND FACILITATE MEMBER ORGANIZATIONS SHARING IDEAS, REFLECT ON LESSONS LEARNED AND EXPLORE OPPORTUNITIES TO BETTER SERVE THE COMMUNITY.
  2. $61,153 spent. HDC'S GOAL IS TO INCREASE THE PRODUCTION OF AFFORDABLE HOUSING IN KING COUNTY THROUGH FAVORABLE PUBLIC POLICY, INCREASED RESOURCES, GREATER SOURCE EFFICIENCY, AND BROAD ALLIANCES COMMITTED TO SOCIAL EQUITY WITHIN SUSTAINABLE COMMUNITIES. WORKING CLOSELY WITH GOVERNMENT, HOUSING PROVIDERS, EQUITY ADVOCATES, BUSINESSES, AND COMMUNITY COALITIONS TO IMPLEMENT PUBLIC POLICIES THAT CREATE SAFE, HEALTHY, AFFORDABLE HOMES THROUGHOUT KING COUNTY. IN 2021 HDC WORKED TO: 1) FUND AFFORDABLE HOMES, 2) BUILD AND MAINTAIN INCLUSIVE COMMUNITIES, 3) IMPROVE THE HEALTH OF HOUSING, AND 4) SUPPORT ADOPTION OF AFFORDABLE HOUSING STRATEGIES IN JURISDICTION THROUGHOUT KING COUNTY.
  3. LEVY
  4. $29,260 spent. EBTF SKHHP LEADERSHIP DEVELOPMENT HOUSING & EDUCATION SEATTLE 4 EVERYONE HOUSING & HEALTH TECH 4 HOUSING SOUND COMMUNITIES
  5. EBTF SKHHP LEADERSHIP DEVELOPMENT HOUSING & EDUCATION SEATTLE 4 EVERYONE HOUSING & HEALTH TECH 4 HOUSING SOUND COMMUNITIES

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since May 1993.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.