SEATTLE, WA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)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.
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.
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...
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.
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...
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.
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...
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.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 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% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| 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 |
| 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 |
Compare PLYMOUTH HOUSING GROUP AND SUBSIDIARIES with other nonprofits in Washington and across the country.