PLYMOUTH HOUSING GROUP AND SUBSIDIARIES

EIN: 911122621 501(c)(3) Housing & Shelter

SEATTLE, WA

Total Revenue
$60,390,556
Total Expenses
$72,781,011
Total Assets
$350,186,018
Net Assets
$157,571,940
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Financial Trends

Organization Details

Formation Year
1980
Legal Domicile
WA
Principal Officer
JOHN SIDDALL
Phone
2062100510
Tax Period
2023-01-01 to 2023-12-31

PLYMOUTH HOUSING GROUP AND SUBSIDIARIES, founded in 1980, is a mid-sized nonprofit in the Housing & Shelter sector that reported $60.4M in total revenue in fiscal year 2023. Revenue surged 43% from the prior year, signaling strong growth momentum. Expenses of $72.8M exceeded revenue, resulting in a 21% operating deficit.

Mission

PLYMOUTH WORKS TO ELIMINATE HOMELESSNESS & ADDRESS ITS CAUSES BY PRESERVING, DEVELOPING & OPERATING SAFE, QUALITY, SUPPORTIVE HOUSING & BY PROVIDING HOMELESS ADULTS WITH OPPORTUNITIES TO STABILIZE & IMPROVE THEIR LIVES.

Program Service Accomplishments

Program 1
Expenses: $45,429,087 Revenue: $3,488,121

SOCIAL SERVICES - PLYMOUTH OPERATES OVER 1,431 HOUSING UNITS FOR INDIVIDUALS EXITING HOMELESSNESS, MANY OF WHOM HAVE SIGNFICANT PHYSICAL AND BEHAVIORAL HEALTH NEEDS, DISABILITIES, REPEAT INTERACTION...

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SOCIAL SERVICES - PLYMOUTH OPERATES OVER 1,431 HOUSING UNITS FOR INDIVIDUALS EXITING HOMELESSNESS, MANY OF WHOM HAVE SIGNFICANT PHYSICAL AND BEHAVIORAL HEALTH NEEDS, DISABILITIES, REPEAT INTERACTION WITH HOSPITALS, PSYCHIATRIC INSTITUTIONS, AND SHELTERS, AND INVOLVEMENT WITH THE CRIMINAL JUSTICE SYSTEM. PLYMOUTH PROVIDES A RANGE OF SUPPORTIVE SERVICES TO HELP TENANTS REMAIN STABLY HOUSED. PLYMOUTH'S CASE MANAGEMENT APPROACH EMPHASIZES PROACTIVE, ASSERTIVE ENGAGEMENT WITH TENANTS. STAFF NURTURE TRUSTING LONG-TERM RELATIONSHIPS TO PROVIDE A BASE FOR INCREASED STABILITY AND RECOVERY. SERVICES ARE VOLUNTARY BUT STAFF ARE PROACTIVE AND PERSISTENT IN BUILDING A RELATIONSHIP, OFFERING SERVICES AND SUPPORT. STAFF ARE TRAINED IN MOTIVATIONAL INTERVIEWING TECHNIQUES, HARM REDUCTION, DE-ESCALATION, AND TRAUMA INFORMED CARE. STAFF MEET WITH NEW TENANTS TO COMPLETE AN ASSESSMENT AND HOUSING SERVICES PLAN FOCUSING ON THE TENANT'S SELF-IDENTIFIED NEEDS AND GOALS. STAFF WORK WITH TENANTS TO MEET THEIR GOALS BY HELPING THEM ACCESS NEEDED COMMUNITY SERVICES SUCH AS: MEDICAL, DENTAL, BEHAVIORAL HEALTH CARE AND TREATMENT, VETERANS SERVICES, LEGAL SERVICES, FOOD BANKS, CHORE SERVICES, PAYEE SERVICES, EMPLOYMENT AND VOLUNTEER OPPORTUNITIES. STAFF ALSO WORK WITH TENANTS TO QUALIFY FOR INCOME SUPPORT PROGRAMS AND IMPROVE SKILLS NEEDED TO MAINTAIN STABLE HOUSING, EITHER THROUGH DIRECT SUPPORT OR REFERRAL TO COMMUNITY PARTNERS. STAFF OFFER SUPPORT FOR TENANTS STRUGGLING WITH PERSONAL CRISES, THOSE FACING CHRONIC ILLNESS AND DEATH, MAKING END OF LIFE DECISIONS, AND SEEKING RECONNECTION WITH FAMILY MEMEBERS. PLYMOUTH ALSO OPERATES THE SHELTER PLUS CARE PROGRAM (SPC) AND THE SCATTERED SITES PROGRAM (SSP), WHICH ARE SUPPORTIVE HOUSING PROGRAMS FOR HOMELESS, DISABLED AND LOW-INCOME INDIVIDUALS AND FAMILIES. SPC & SSP PROGRAMS PROVIDE HOUSING SUBSIDY AND CASE MANAGMENT SERVICES TO 1,042 TENANTS THROUGHOUT KING COUNTY.

Program 2
Expenses: $16,745,944 Revenue: $9,003,498

HOUSING PROVIDER - IN 2023, PLYMOUTH HOUSING GROUP (PLYMOUTH) MANAGED 1,622 LOW-INCOME UNITS IN DOWNTOWN SEATTLE OR SURROUNDING NEIGHBORHOODS. OF THESE, 683 UNITS IN 9 BUILDINGS WERE OWNED BY...

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HOUSING PROVIDER - IN 2023, PLYMOUTH HOUSING GROUP (PLYMOUTH) MANAGED 1,622 LOW-INCOME UNITS IN DOWNTOWN SEATTLE OR SURROUNDING NEIGHBORHOODS. OF THESE, 683 UNITS IN 9 BUILDINGS WERE OWNED BY PLYMOUTH, 939 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 1,622 UNITS TARGETING, AND AFFORDABLE TO, HOUSEHOLDS WITH LESS THAN 30% AMI. OVER 1,431 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 2023, 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.

Program 3
Expenses: $1,945,606 Revenue: $1,048,385

HOUSING DEVELOPMENT - IN 2023, CONSTRUCTION WAS COMPLETED ON A PROPERTY LOCATED AT THE CORNER OF MADISON STREET AND BOYLSTON AVENUE (365 UNITS, OF WHICH 115 UNITS WHICH WERE OWNED AND MANAGED BY...

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HOUSING DEVELOPMENT - IN 2023, CONSTRUCTION WAS COMPLETED ON A PROPERTY LOCATED AT THE CORNER OF MADISON STREET AND BOYLSTON AVENUE (365 UNITS, OF WHICH 115 UNITS WHICH WERE OWNED AND MANAGED BY PLYMOUTH), KNOWN AS BLAKE HOUSE AND A BUILDING LOCATED AT OR ABOUNT 13620 SE EASTGATE WAY IN BELLEVUE (95 UNITS). THESE PROPERTIES ARE NOW PROVIDING 210 UNITS OF LOW-INCOME RESIDENTIAL HOUSING, SERVING PREVIOUSLY HOMELESS RESIDENTS . PLYMOUTH CONTINUED CONSTRUCTIONON PACIFIC APARTMENTS LLC.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $47,377,731
Program Service Revenue $13,448,227
Investment Income $971,967
Other Revenue $-1,407,369
TOTAL REVENUE $60,390,556

Expense Breakdown

Grants Paid $12,535,639
Salaries & Benefits $31,300,920
Fundraising Expenses $1,865,551
Program Expenses $64,120,637
Other Expenses $28,944,452
TOTAL EXPENSES $72,781,011

Year-over-Year Comparison

2023 2022 Change
Revenue $60,390,556 $42,186,903 +0.4%
Expenses $72,781,011 $55,953,419 +0.3%
Net Income $-12,390,455 $-13,766,516 -0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
20
Independent Members
20
Employees
429
Volunteers
150

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$486,245
Total Directors
20
$0
Key Employees
1
$279,815
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANDREW DEVORE TRUSTEE 1.00
Director
$0 $0 $0
BEN STRAUGHAN VICE PRESIDENT 1.00
Director
$0 $0 $0
CHUCK RILEY TREASURER 1.00
Director
$0 $0 $0
DAVID CHEN TRUSTEE 1.00
Director
$0 $0 $0
DEB WHITE TRUSTEE 1.00
Director
$0 $0 $0
EMILY HESTON TRUSTEE 1.00
Director
$0 $0 $0
JANE ZALUTSKY IMMEDIATE PAST PRESIDENT 1.00
Director
$0 $0 $0
KALEY RUNSTAD SWAN TRUSTEE 1.00
Director
$0 $0 $0
KAREN CHANG SECRETARY 1.00
Director
$0 $0 $0
LAINEY SICKINGER PRESIDENT 1.00
Director
$0 $0 $0
LAURA BACHMAN TRUSTEE 1.00
Director
$0 $0 $0
LAVINA SADHWANI TRUSTEE 1.00
Director
$0 $0 $0
MARK BARBIERI TRUSTEE 1.00
Director
$0 $0 $0
MARY IVES TRUSTEE 1.00
Director
$0 $0 $0
MATTHEW CAZIER TRUSTEE 1.00
Director
$0 $0 $0
NELLY MUBASHI TRUSTEE 1.00
Director
$0 $0 $0
OLIVIA DOYLE TRUSTEE 1.00
Director
$0 $0 $0
SATIS THOMAS TRUSTEE 1.00
Director
$0 $0 $0
SEAN BRENNAN TRUSTEE 1.00
Director
$0 $0 $0
STEPHANIE KRISTEN TRUSTEE 1.00
Director
$0 $0 $0
JOHN R SIDDALL CHIEF FINANCIAL OFFICER 40.00
Officer
$140,065 $7,093 $147,158
KAREN LEE CHIEF EXECUTIVE OFFICER 40.00
Officer
$320,449 $18,638 $339,087
ANDREA CARNES CHIEF OPERATIONS OFFICER 40.00
Key Emp
$258,589 $21,226 $279,815
HUYNH CHHOR VICE PRESIDENT OF BEHAVIORAL HEALTH INTEGRATION 40.00
Highest
$192,684 $8,943 $201,627
KAREN PETERSON VICE PRESIDENT OF REAL ESTATE 40.00
Highest
$199,987 $18,784 $218,771
KIMBERLY ARRINGTON-WHITE VICE PRESIDENT OF SUPPORTIVE HOUSING 40.00
Highest
$197,794 $20,783 $218,577
SHOKO TOYAMA VP & CHIEF OF DEVELOPMENT & COMMUNITY 40.00
Highest
$202,219 $18,550 $220,769
TIMOTHY M JONES DIRECTOR OF INFORMATION TECHNOLOGY 40.00
Highest
$188,265 $18,646 $206,911
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $60,390,556 $72,781,011 $350,186,018 $-12,390,455
2022 $42,186,903 $55,953,419 $321,439,430 $-13,766,516
2021 $48,610,871 $48,054,317 $309,732,107 $556,554
2020 $46,643,068 $43,142,055 $249,778,713 $3,501,013
2019 $75,289,823 $36,093,514 $211,734,276 $39,196,309
2018 $33,398,073 $25,704,415 $65,037,837 $7,693,658
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