Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 91-1559906

IMAGINE HOUSING COMMUNITIES

Tax-exempt · BELLEVUE, WA 98005

Financials

$804K$944K2022$881K$1M2023$819K$1.1M2024
Revenue Expenses · by fiscal year end
Financials of IMAGINE HOUSING COMMUNITIES by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$818,880$1,058,783-$239,903$8,570,911$6,141,639$2,429,272
December 31, 2023990$880,975$1,033,573-$152,598$8,800,528$6,131,353$2,669,175
December 31, 2022990 (amended)$803,528$944,041-$140,513$9,024,842$6,203,069$2,821,773
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$484,297
of which government grants
$484,297
Program service revenue
$332,803
Investment income
$1,780
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$248,133
Salaries, compensation and benefits (total)
$295,350
Professional fundraising fees
$0
Legal fees
$5,592
Accounting fees
$8,651
Occupancy
$111,622
Travel
$363
Depreciation
$268,133
Program services (functional)
$1,046,360
Management and general (functional)
$12,423

Balance sheet and other

Total assets, start of year
$8,800,528
Total assets, end of year
$8,570,911
Total liabilities, end of year
$6,141,639
Net assets, end of year
$2,429,272
Land, buildings and equipment
$7,480,740
Net assets without donor restrictions
$2,429,272
Gross receipts
$818,880
Employees
5
Volunteers
0
Year formed
1992
State of legal domicile
WA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgs
YICHUAN ZHAOPRESIDENT
Officer
4$20,595$187,749
AMY CUBBAGEVP OF ASSET MANAGEMENT
Highest-paid employee
16$40,132$98,299
SHAWNA BINNINGVP OF FINANCE (PART-YEAR)
Officer
4$6,934$62,872
STEVEN WHITEDIRECTOR OF FINANCE (FORMER, PART-YEAR)
Officer
4$3,452$36,119
LAURA COUGHLINCHAIR
Trustee or director, Officer
1$0$0
DENILLE BEZEMERVICE CHAIR
Trustee or director, Officer
1$0$0
DIANE PIETROWSKITREASURER
Trustee or director, Officer
1$0$0
PENNYMARIE CURRYDIRECTOR
Trustee or director
1$0$0
JACKIE FRANKDIRECTOR
Trustee or director
1$0$0
JOE BANUELOSDIRECTOR
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
YICHUAN ZHAOEXECUTIVE DIRECTOR
Officer
4$20,000$163,257$26,952
STEVEN WHITEDIRECTOR OF FINANCE
Officer
4$7,692$75,631$0
CAROLYNN FERRISPRESIDENT
Trustee or director, Officer
1$0$0$0
KASHIF ZAHOORVICE PRESIDENT
Trustee or director, Officer
1$0$0$0
DIANE PIETROWSKITREASURER
Trustee or director, Officer
1$0$0$0
LAURA COUGHLINSECRETARY
Trustee or director
1$0$0$0
PENNYMARIE CURRYDIRECTOR
Trustee or director
1$0$0$0
JAYNE LONGORIADIRECTOR
Trustee or director
1$0$0$0
990 for the year ended December 31, 2022: 6 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
SEAN HERONPRESIDENT & CEO
Officer
4$1,318$129,786$0
HANA NGUYENDIRECTOR OF FINANCE
Officer
4$4,000$38,144$6,548
YICHUAN ZHAOEXECUTIVE DIRECTOR
Officer
4$2,308$25,271$2,421
CAROLYNN FERRISPRESIDENT & VICE PRESIDENT
Trustee or director, Officer
1$0$0$0
DIANE PIETROWSKITREASURER
Trustee or director, Officer
1$0$0$0
KEVIN SYKESDIRECTOR
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
1722 138TH PL NE STE 215, BELLEVUE, WA 98005-2367
In care of
% YICHUAN ZHAO
Principal officer (990 for 2024)
YICHUAN ZHAO, 1722 138TH PLACE NE, BELLEVUE, WA 98005
Signed the 990
SHAWNA BINNING, VP OF FINANCE
Phone
(425) 576-5190
Return prepared by
DAUBY O'CONNOR & ZALESKI LLC

Mission

EMPOWERS INDIVIDUALS AND FAMILIES, SUPPORTS DIVERSITY, AND STRENGTHENS COMMUNITIES BY DEVELOPING PERMANENT AFFORDABLE RENTAL HOUSING AND PROVIDING SUPPORTIVE SERVICES.

990 for the year ended December 31, 2024

Program accomplishments

  • IMAGINE HOUSING COMMUNITIES, FORMERLY RED VINES 1, DEVELOPS, OWNS, AND MANAGES RESIDENTIAL PROPERTY, WHICH PROVIDES AFFORDABLE HOUSING FOR LOW-INCOME HOUSEHOLDS IN EAST KING COUNTY. IT IS CERTIFIED AS A COMMUNITY HOUSING DEVELOPMENT ORGANIZATION (CHDO) UNDER HUD'S HOME PROGRAM. AT DECEMBER 31, 2024, IT MANAGED FIVE RESIDENTIAL APARTMENT BUILDINGS, HAVING OWNERSHIP OF ONE AND PARTIAL OWNERSHIP OF FOUR OTHERS THROUGH LIMITED PARTNERSHIPS AND LIMITED LIABILITY COMPANIES. THESE BUILDINGS PROVIDE 267 AFFORDABLE APARTMENT HOMES IN ISSAQUAH, BELLEVUE, AND KIRKLAND, WASHINGTON.
    Expenses $1,046,360 · revenue $332,803

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
91-1559906
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
1993
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$8,570,911
Income (IRS master file)
$818,880

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$818,880$1,058,783$8,570,911XML
990December 2023$880,975$1,033,573$8,800,528XML
990December 2022$803,528$944,041$9,024,842XML
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 91-1559906).

Questions about IMAGINE HOUSING COMMUNITIES

What is the EIN of IMAGINE HOUSING COMMUNITIES?
The employer identification number (EIN) of IMAGINE HOUSING COMMUNITIES is 91-1559906.
Is IMAGINE HOUSING COMMUNITIES tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1993.
Are donations to IMAGINE HOUSING COMMUNITIES tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does IMAGINE HOUSING COMMUNITIES file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of IMAGINE HOUSING COMMUNITIES due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did IMAGINE HOUSING COMMUNITIES last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of IMAGINE HOUSING COMMUNITIES?
The 990 for the year ended December 31, 2024 names YICHUAN ZHAO.
Who are the officers and directors of IMAGINE HOUSING COMMUNITIES?
The 990 for the year ended December 31, 2024 lists 10 people; 4 received compensation from the organization, the highest $20,595 (YICHUAN ZHAO, PRESIDENT).
How much revenue does IMAGINE HOUSING COMMUNITIES have?
On its 990 for the year ended December 31, 2024 it reported revenue of $818,880, expenses of $1,058,783 and total assets of $8,570,911 at year end.

Other nonprofits in BELLEVUE

All nonprofits in BELLEVUE · Washington