Housing Development Consortium of Seattle-King County
Public records show a registered, tax-exempt organization in good standing.
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 35Spendable reserves would cover 6.2 months of spending.
Debt
20 of 20It owes 13% of what it owns.
Living within its means
15 of 15Income exceeded spending by 5% of income.
Income trend
10 of 15Income fell 10% on the year before.
Spending floor
8 of 1562% 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 2521 of 21 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
0 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports 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)
- $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.
- $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.
- LEVY
- $29,260 spent. EBTF SKHHP LEADERSHIP DEVELOPMENT HOUSING & EDUCATION SEATTLE 4 EVERYONE HOUSING & HEALTH TECH 4 HOUSING SOUND COMMUNITIES
- 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
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.
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.
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.
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.
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.
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.