Plymouth Housing Group
85% goes to programs $3 to raise $100 Strong reserves Growing revenue
Plymouth Housing Group is a 501(c)(3) organization based in Seattle, Washington, registered in 1980, with $69,549,478 in FY2024 revenue. CharityIndex grades it C+, and it directs about 85% of spending to programs.
2113 3rd Ave, Seattle, WA, 98121 EIN 91-1122621 Since 1980
Revenue (FY2024)
$69.5M
▲ 15.2% vs prior year
Housing median: $408K
Expenses (FY2024)
$92.0M
Net assets
$159.1M
Employees
498
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
★★★★
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →AProgram efficiency40% of the rating85% to programs · $3 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Plymouth Housing Group: 85% to programs · $3 to raise $100 earns a A on this criterion. See the exact thresholds →
DFinancial health25% of the rating21 mo reserves · -32% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Plymouth Housing Group: 21 mo reserves · -32% margin earns a D on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Plymouth Housing Group: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Plymouth Housing Group: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Develops and manages affordable housing for homeless and very low income individuals.
What they do
Housing provider - in 2024, plymouth housing group (plymouth) managed 1,596 low-income units in downtown seattle or surrounding neighborhoods. of these, 683 units in 9 buildings were owned by plymouth, 913 units in 10 buildings were owned by tax credit limited liability companies in which plymouth is the managing member. all plymouth tenants have incomes below 60% of the area median income (ami), with over 1,596 units targeting, and affordable to, households with less than 30% ami. over 1,316 units serve individuals coming from homelessness, many of whom have special needs including mental illness, physical disablility, involvement with the criminal justice system and behavioral health needs . plymouth offers on-site case management to these individuals to ensure their housing stability and prevent relapses into homelessness. during 2024, plymouth owned and managed the following affordable housing properties in seattle: (1) almquist place, 105 units; (2) david colwell building 126 units; (3) haddon hall, 55 units; (4) humphrey house, 84 units; (5) lewiston apartments, 54 units; (6) pacific apartments, 112 units; (7) plymouth on first hill, 80 units; (8) plymouth on stewart apartments, 87 units; (9) plymouth place apartments, 73 units, (10) st charles apartments, 64 units, (11) scargo apartments, 48 units; (12) simons senior apartments, 95 units; (13) sylvia odom's place, 65 units; (14) williams apartments, 84 units; (15) kristen benson place, 93 units; (16) bertha pitts campbell place, 103 units; and (17) blake house, 115 units.
Housing development - plymouth continued constructionon pacific apartments llc. in 2024 plymouth put down an earnest money deposit of $75,000 to accquision the real property located at 7720-7726 15th avenue northwest in the city of seattle, washington as a potential site for development of an affordable housing project.
Contact & location
- Address
- 2113 3rd Ave, Seattle, WA, 98121
- City
- Seattle
- State
- Washington
- Category
- Housing & Shelter
- Subcategory
- Housing Development & Management
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $16.5M (FY2013) to $69.5M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $197.5MNet assets $159.1M
Operating margin
-32.3%
Spent more than it raised in the latest fiscal year.
Total assets
$356.5M
Total liabilities
$197.5M
Net assets
$159.1M
Salaries & benefits
$40.2M
44% of expenses
Board members
22
22 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $69,549,478▲15.2% | $91,990,743▲26.4% | $159,071,999▲1.0% | $356,536,300▲1.8% | 990 |
| 2023 | $60,390,556▲43.2% | $72,781,011▲30.1% | $157,571,940▲7.5% | $350,186,018▲8.9% | 990 |
| 2022 | $42,186,903▼13.2% | $55,953,419▲16.4% | $146,620,050▼2.9% | $321,439,430▲3.8% | 990 |
| 2021 | $48,610,871▲4.2% | $48,054,317▲11.4% | $150,980,475▲28.0% | $309,732,107▲24.0% | 990 |
| 2020 | $46,643,068▼38.0% | $43,142,055▲19.5% | $117,975,150▲9.8% | $249,778,713▲18.0% | 990 |
| 2019 | $75,289,823▲125% | $36,093,514▲40.4% | $107,403,670▲233% | $211,734,276▲226% | 990 |
| 2018 | $33,398,073▲42.2% | $25,704,415▲16.1% | $32,292,517▲28.4% | $65,037,837▲23.5% | 990 |
| 2017 | $23,483,071▲11.7% | $22,131,873▲18.2% | $25,154,978▲5.7% | $52,665,583▲4.2% | 990 |
| 2016 | $21,016,030▲27.1% | $18,723,222▲11.4% | $23,809,599▲7.3% | $50,565,548▲13.1% | 990 |
| 2015 | $16,529,480▼1.4% | $16,812,646 | $22,197,365▼1.3% | $44,695,626▼0.8% | 990 |
| 2014 | $16,758,812▲1.7% | $16,812,303▲4.6% | $22,478,898▼0.2% | $45,077,991▲2.7% | 990 |
| 2013 | $16,477,985 | $16,068,484▲4.0% | $22,534,613▲2.0% | $43,907,059▲2.3% | 990 |
| 2012 | — | $15,453,439▲12.5% | $22,101,272▼11.0% | $42,922,428▲9.0% | 990 |
| 2011 | — | $13,731,031▲11.1% | $24,837,547▲17.3% | $39,393,381▲11.0% | 990 |
| 2010 | — | $12,362,349 | $21,165,987 | $35,477,015 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Karen Lee — $398,787 (0.43% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Karen Lee | Chief Executive Officer | 40 | $398,787 |
| Andrea Carnes | Chief Operations Officer | 40 | $278,863 |
| John R Siddall | Chief Financial Officer | 40 | $262,637 |
| Shoko Toyama | Vp & Chief of Development & Community | 40 | $248,319 |
| Karen Peterson | Vp Real Estate | 40 | $237,331 |
| Kimberly Arrington-white | Vp Supportive Housing | 40 | $236,898 |
| Rebecca L Rusnak | Vp Administration | 40 | $235,770 |
| Huynh Chhor | Vp Behavioral Health Integration | 40 | $231,201 |
| Andrew Devore | Trustee | 1 | — |
| Ben Maritz | Trustee | 1 | — |
| Ben Straughan | Chair | 1 | — |
| Bob Homchick | Trustee | 1 | — |
| Chuck Riley | Trustee | 1 | — |
| Deb White | Trustee | 1 | — |
| Julia Meo | Trustee | 1 | — |
| Karen Chang | Secretary | 1 | — |
| Kayley Runstad Swan | Trustee | 1 | — |
| Lainey Templeton | Trustee | 1 | — |
| Mari Smith | Trustee | 1 | — |
| Mark Barbieri | Vice Chair | 1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Cleanco Bins LLC | Trash Removal/bio Hazard | $1,384,027 |
| Sound Contracting Group LLC | Building Contractor | $489,426 |
| Montgomery Purdue Blankinship & Austin P | Law Firm | $402,475 |
| Abatement and Decontamination Specialist | Abatement of Hazardous Materials | $357,642 |
| Stephen Group International LLC | Security Service | $339,872 |
Grants received · $36.9M total
352 grants to Plymouth Housing Group totaling $36.9M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Community & human services | 2024 | $967,850 |
| American Online Giving Foundation Inc | General support | 2024 | $818,911 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $310,000 |
| Enterprise Community Partners Inc | Production | 2024 | $102,099 |
| The Seattle Foundation | To provide general support | 2024 | $100,000 |
| The Seattle Foundation | To provide general support | 2024 | $100,000 |
| The Seattle Foundation | To provide general support | 2024 | $50,000 |
| Credit Unions In the State of Washington | Donation | 2024 | $40,000 |
| American Endowment Foundation | Housing, shelter | 2024 | $30,200 |
| The Seattle Foundation | To provide general support | 2024 | $30,000 |
| The Seattle Foundation | To provide general support | 2024 | $30,000 |
| Raymond James Charitable Endowment Fund | General support | 2024 | $25,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $25,000 |
| The Seattle Foundation | To provide lunches. | 2024 | $10,000 |
| The Seattle Foundation | To provide general support | 2024 | $9,000 |
Grants made · $136K in FY2024
1 grant totaling $136K in FY2024. All grants made by Plymouth Housing Group →
| Recipient | Purpose | Amount |
|---|---|---|
| Catholic Community Services of Western Washington | Ccs provided housing case management services to tenants coming from homelessness. | $135,858 |
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Frequently asked questions
- Is Plymouth Housing Group a legitimate nonprofit?
- Yes. Plymouth Housing Group is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 91-1122621, based in Seattle, Washington. Donations are tax-deductible.
- What is Plymouth Housing Group's EIN?
- Plymouth Housing Group's Employer Identification Number (EIN) is 91-1122621.
- How much revenue does Plymouth Housing Group report?
- Plymouth Housing Group reported $69,549,478 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Plymouth Housing Group's spending goes to programs?
- Plymouth Housing Group spends about 85% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Plymouth Housing Group have?
- CharityIndex grades Plymouth Housing Group C+, based on program efficiency and fundraising cost.
- How much does Plymouth Housing Group's highest-paid employee make?
- The highest reported compensation on Plymouth Housing Group's latest Form 990 is $398,787, paid to Karen Lee (Chief Executive Officer).
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Explore more
Data for Plymouth Housing Group (EIN 91-1122621) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.