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Nonprofit · EIN 94-3155150

LOW INCOME HOUSING INSTITUTE

Also known as LIHI

Tax-exempt · SEATTLE, WA 98144

Financials

$129.3M$76.6M2023$108.6M$79.2M2024
Revenue Expenses · by fiscal year end
Financials of LOW INCOME HOUSING INSTITUTE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$108,602,261$79,209,884$29,392,377$490,121,194$285,737,809$204,383,385
December 31, 2023990$129,287,303$76,644,944$52,642,359$410,965,308$235,974,300$174,991,008
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$77,345,423
of which government grants
$73,808,792
Program service revenue
$27,708,980
Investment income
$1,161,337
Net income from fundraising events
$15,509
Other revenue
$2,386,521

Expenses

Grants and similar amounts paid
$72,399
Compensation of officers, directors and key employees
$1,889,916
Other salaries and wages
$17,225,788
Salaries, compensation and benefits (total)
$25,562,518
Professional fundraising fees
$0
Depreciation
$10,085,360
Program services (functional)
$73,268,781
Management and general (functional)
$5,258,690
Fundraising (functional)
$682,413

Balance sheet and other

Total assets, start of year
$410,965,308
Total assets, end of year
$490,121,194
Total liabilities, end of year
$285,737,809
Net assets, end of year
$204,383,385
Land, buildings and equipment
$391,549,901
Net assets without donor restrictions
$198,248,517
Net assets with donor restrictions
$6,134,868
Gross receipts
$108,621,013
Employees
693
Volunteers
869
Year formed
1991
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 / weekCompensationOther / benefits
SHARON LEEEXECUTIVE DIRECTOR
Officer
40$338,376$11,659
LYNNE BEHARCHIEF FINANCIAL OFFICER
Officer
40$202,095$11,659
RALPH NEISSENIOR DIRECTOR OF SPECIAL PROJECTS AND OPERATIONS
Highest-paid employee
40$165,550$11,666
JOHN SYVERSONFACILITIES DIRECTOR
Highest-paid employee
40$161,328$11,666
JOHN TORRENCEDIRECTOR OF HOUSING DEVELOPMENT
Highest-paid employee
40$159,844$11,666
TONY WILLIAMSDIRECTOR OF HOUSING MANAGEMENT (TERMINATION DATE 1
Highest-paid employee
40$135,714$11,666
JON GRANTCHIEF STRATEGY OFFICER
Officer
40$120,235$11,666
MELINDA NICHOLSPRESIDENT
Trustee or director, Officer
1$0$0
CATHY DANIGELISVICE PRESIDENT
Trustee or director, Officer
0.5$0$0
BRYAN M PARKTREASURER
Trustee or director, Officer
0.5$0$0
NANCY BENNETT EVANSSECRETARY
Trustee or director, Officer
0.5$0$0
LINDA BATTLESDIRECTOR
Trustee or director
0.5$0$0
DUNCAN HAASDIRECTOR
Trustee or director
0.5$0$0
HERMAN KAHALOADIRECTOR
Trustee or director
0.5$0$0
TOM MATHEWSDIRECTOR
Trustee or director
0.5$0$0
4 more people on this return
NameTitleHours / weekCompensation
PETER GUZMANDIRECTOR
Trustee or director
0.5$0
BRIONE SCOTTDIRECTOR
Trustee or director
0.5$0
MARVIN DUMASDIRECTOR
Trustee or director
0.5$0
KEVIN NGUYENDIRECTOR (JOINED APR 2024)
Trustee or director
0.5$0
990 for the year ended December 31, 2023: 21 people
NameTitleHours / weekCompensationOther / benefits
SHARON LEEEXECUTIVE DIRECTOR
Officer
40$321,473$11,071
LYNNE BEHARCHIEF FINANCIAL OFFICER
Officer
40$201,980$11,071
RALPH NEISDIRECTOR OF SPECIAL PROJEC
Highest-paid employee
40$156,812$11,071
JOHN TORRENCEDIRECTOR OF HOUSING DEVELO
Highest-paid employee
40$152,470$11,071
JOHN SYVERSONFACILITIES DIRECTOR
Highest-paid employee
40$149,727$11,071
TONY WILLIAMSDIRECTOR OF HOUSING MANAGEMENT
Highest-paid employee
40$132,670$11,071
CYNTHIA KENTHUMAN RESOURCES DIRECTOR
Highest-paid employee
40$116,949$11,071
JON GRANTCHIEF STRATEGY OFFICER
Officer
40$112,860$11,071
MELINDA NICHOLSPRESIDENT
Trustee or director, Officer
1$0$0
CATHY DANIGELISVICE PRESIDENT
Trustee or director, Officer
0.5$0$0
BRYAN M PARKTREASURER
Trustee or director, Officer
0.5$0$0
NANCY BENNETT EVANSSECRETARY
Trustee or director, Officer
0.5$0$0
PEARL LEUNGFORMER DIRECTOR
Trustee or director
0.5$0$0
LINDA BATTLESDIRECTOR
Trustee or director
0.5$0$0
DUNCAN HAASDIRECTOR
Trustee or director
0.5$0$0
HENRY MCGEEDIRECTOR
Trustee or director
0.5$0$0
HERMAN KAHALOADIRECTOR
Trustee or director
0.5$0$0
TOM MATHEWSDIRECTOR
Trustee or director
0.5$0$0
PETER GUZMANDIRECTOR
Trustee or director
0.5$0$0
BRIONE SCOTTDIRECTOR
Trustee or director
0.5$0$0
MARVIN DUMASDIRECTOR
Trustee or director
0.5$0$0

Address and contacts

Address (IRS master file)
1253 S JACKSON ST STE A, SEATTLE, WA 98144-3075
In care of
% SHARON LEE
Principal officer (990 for 2024)
SHARON H LEE, 1253 SOUTH JACKSON STREET A, SEATTLE, WA 98144
Signed the 990
LYNNE BEHAR, AUTHORIZED REPRESENTATIVE
Phone
(206) 443-9935
Return prepared by
DAUBY O'CONNOR & ZALESKI LLC

Mission

THE LOW INCOME HOUSING INSTITUTE DEVELOPS, OWNS AND OPERATES HOUSING FOR THE BENEFIT OF LOW-INCOME, HOMELESS AND FORMERLY HOMELESS PEOPLE; ADVOCATES FOR JUST HOUSING POLICIES AT THE LOCAL AND NATIONAL LEVELS; AND ADMINISTERS A RANGE OF SUPPORTIVE SERVICE PROGRAMS TO ASSIST THOSE WE SERVE IN MAINTAINING STABLE HOUSING AND INCREASING THEIR SELF-SUFFICIENCY.

990 for the year ended December 31, 2024

Program accomplishments

  • URBAN REST STOP - HYGIENE CENTERS FOR THE HOMELESS PROVIDING 24,588 SHOWERS, 11,654 LAUNDRY LOADS, AND REST ROOM USES.
    Expenses $1,179,045 · revenue $26,402
  • HOUSING SERVICES - OWN OR MANAGE LOW-INCOME AND TRANSITIONAL HOUSING PROJECTS TOTALING MORE THAN 2,891 UNITS.
    Expenses $40,093,520 · revenue $27,446,578
  • SHELTER PROGRAM - TECHNICAL ASSISTANCE, MANAGEMENT ASSISTANCE, ADVOCACY, CASE MANAGEMENT, AND FUNDRAISING FOR OVER 2,400 HOMELESS PEOPLE LIVING IN TENTS, TINY HOUSES AT 19 VILLAGES, AND 5 ENHANCED SHELTERS.
    Expenses $28,766,186 · revenue -$1,761,517
  • GENERAL RESIDENT SERVICES FOR THE LOW INCOME HOUSING PROJECTS, SUPPORTIVE HOUSING AND SPECIAL NEEDS ASSISTANCE.
    Expenses $1,591,529 · grants $72,399 · revenue $235,999
  • REAL ESTATE DEVELOPMENT SERVICES FOR LOW-INCOME HOUSING PROJECTS.
    Expenses $1,638,501 · revenue $56,068,555

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
94-3155150
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1997
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Unknown (Z99Z)
Assets (IRS master file)
$490,121,194
Income (IRS master file)
$108,621,013

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$108,602,261$79,209,884$490,121,194IRS
990-TDecember 2024–––IRS
990December 2023$129,287,303$76,644,944$410,965,308XML
990-TDecember 2023–––IRS
990December 2022$75,635,152$52,079,267$349,441,592IRS
990-TDecember 2022–––IRS
990December 2021–––IRS
990-TDecember 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 94-3155150).

Questions about LOW INCOME HOUSING INSTITUTE

What is the EIN of LOW INCOME HOUSING INSTITUTE?
The employer identification number (EIN) of LOW INCOME HOUSING INSTITUTE is 94-3155150.
Is LOW INCOME HOUSING INSTITUTE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
Are donations to LOW INCOME HOUSING INSTITUTE tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LOW INCOME HOUSING INSTITUTE 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 LOW INCOME HOUSING INSTITUTE 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 LOW INCOME HOUSING INSTITUTE 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 LOW INCOME HOUSING INSTITUTE?
The 990 for the year ended December 31, 2024 names SHARON H LEE.
Who are the officers and directors of LOW INCOME HOUSING INSTITUTE?
The 990 for the year ended December 31, 2024 lists 19 people; 7 received compensation from the organization, the highest $338,376 (SHARON LEE, EXECUTIVE DIRECTOR).
How much revenue does LOW INCOME HOUSING INSTITUTE have?
On its 990 for the year ended December 31, 2024 it reported revenue of $108,602,261, expenses of $79,209,884 and total assets of $490,121,194 at year end.

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