2024-07-16T16:31:54-04:00 2023-12-31 931041672 GRIMSTAD & ASSOCIATES PO BOX 1930 NEWPORT OR 97365 990 2023-01-01 943141603 NORTHWEST COASTAL HOUSING NORT 5415740320 PO BOX 1457 NEWPORT OR 973650011 SHEILA STILEY EXECUTIVE DIRECTOR 5415740320 2024-05-31 true SHEILA STILEY XXX-XX-XXXX false SIGNE GRIMSTAD P01454253 5412655411 2024-07-16 X 2023 2023-04-26 12:10:37Z COMMUNITY DEVELOPMENT CORP OF LC SHEILA STILEY PO BOX 1457 NEWPORT OR 973650011 9135135 false X NWCOASTALHOUSING.ORG X 1991 OR TO PRESERVE, CONSTRUCT, AND REHABILITATE HOUSING UNITS IN LINCOLN COUNTY, OREGON TO PROVIDE RENTAL AND HOME OWNERSHIP OPPORTUNITIES FOR THOSE WHO CAN NOT AFFORD MARKET RATE HOUSING 6 6 24 18 0 1488568 7716994 1396622 1410271 -54344 5125 3925 594 2834771 9132984 0 0 596437 744959 0 72927 1435056 1338871 2031493 2083830 803278 7049154 10195031 21812825 4449506 8993963 5745525 12818862 X NORTHWEST COASTAL HOUSING (NWCH) WAS ESTABLISHED IN 1991 TO PROVIDE AFFORDABLE, SAFE, DECENT AND STABLE HOUSING WITH COMPASSION AND INTEGRITY TO THOSE LIVING IN LINCOLN COUNTY, OREGON. NWCH DEVELOPS AND MAINTAINS AFFORDABLE HOUSING WHILE ADVOCATING FOR AND SUPPORTING COMMUNITY EFFORTS THAT ENHANCE AFFORDABLE HOUSING OPTIONS FOR LOW-INCOME AND/OR DISABLED INDIVIDUALS AND FAMILIES. false false 1167980 463014 AFFORDABLE HOUSING PROGRAM PRESERVES, CONSTRUCTS AND REHABILITATES HOUSING UNITS IN LINCOLN COUNTY, OREGON TO PROVIDE RENTAL AND HOME OWNERSHIP OPPORTUNITIES FOR THOSE WHO CANNOT AFFORD MARKET RATE HOUSING. NWCH ADVOCATES FOR, DEVELOPS AND MANAGES SAFE, DECENT SHELTER FOR LOW-INCOME FAMILIES, INDIVIDUALS RECOVERING FROM MENTAL ILLNESS AND DRUG OR ALCOHOL ADDICTIONS, VETERANS, AND SUPPORTED HOUSING FOR DEVELOPMENTALLY DISABLED PEOPLE. NWCH ALSO PROVIDES RESIDENT SERVICES INCLUDING HEALTH AND NUTRITION WORKSHOPS, COMMUNITY GARDENS, KID'S CLUB, SOCIAL ACTIVITIES AND REFERRALS, CONFLICT RESOLUTION SERVICES, PLUS FIRST-TIME HOMEBUYER CLASSES, AND FINANCIAL FITNESS EDUCATION. YAQUINA BREEZE APARTMENTS IN NEWPORT, OREGON OFFER 9 UNITS OF SUPPORTIVE HOUSING FOR PERSONS WITH MENTAL HEALTH ISSUES INCLUDING PTSD DISABILITIES AND DRUG/ALCOHOL ADDICTIONS, EARNING LESS THAN 50% OF AREA FAMILY ADJUSTED GROSS INCOME. RESIDENT SERVICES ARE PROVIDED BY LINCOLN COUNTY HEALTH AND HUMAN SERVICES DEPARTMENT. GOLDEN EAGLE II IN TILLAMOOK OREGON OFFERS 32 APARTMENTS FOR SENIORS AND LOW-INCOME INDIVIDUALS AND FAMILIES AND WAS ACQUIRED IN 2021. COASTAL PHOENIX RISING IN LINCOLN CITY OREGON OFFERS 38 UNITS TO HOMEOWNERS DISPLACED DUE TO UNFORESEEN EVENTS SUCH AS WILDFIRES AS WELL AS THOSE IN NEED OF SHELTER AND/OR REFERRED BY AREA AGENCIES. THIS FORMER HOTEL WAS ACQUIRED IN 2021 AND IS NOW USED AS A SHELTER. NATE'S PLACE WAS ACQUIRED IN 2023 AND IS CURRENTLY HOUSING HOMELESS INDIVIDUALS WITH SUBSTANCE USE DISORDERS REFERRED BY RECONNECTIONS COUNSELING. NWCH IS CURRENTLY WORKING ON 4 ADDITIONAL HOUSING PROJECTS IN LINCOLN COUNTY, OREGON. 665611 624088 SPYGLASS RIDGE LP IS A PARTNERSHIP FORMED TO ACQUIRE, REHABILITATE, AND OPERATE AN 80 UNIT APARTMENT COMPLEX KNOWN AS SPYGLASS RIDGE APARTMENTS (THE RIDGE) LOCATED IN LINCOLN CITY, OREGON. THE RIDGE RENTS ALL OF ITS UNITS TO LOW-INCOME INDIVIDUALS AND FAMILIES AND IS OPERATED IN A MANNER NECESSARY TO QUALIFY FOR LOW-INCOME HOUSING TAX CREDITS AS PROVIDED UNDER SECTION 42 OF THE INTERNAL REVENUE CODE. THE RIDGE SHALL CONTINUE IN PERPETUITY AND IS SUBJECT TO U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) PROVISIONS, LAWS AND REGULATIONS FOR THE TERM OF ITS HUD INSURED LOAN. AS NOTED ABOVE, THE RIDGE PROVIDES 80 UNITS OF AFFORDABLE FAMILY HOUSING WITH 72 UNITS AT 60%, 6 UNITS AT 50% OR LESS OF THE AREA FAMILY ADJUSTED MEDIAN GROSS INCOME. NWCH OFFERS RESIDENT SERVICES AT THE RIDGE. 1833591 true true false false false false false false false false true false false true true false false true false false false false false false false false false false false false false false false false false false false false false false false false true false false false false true 18 0 true 24 true false false false false false false false false false false false false false false X 6 6 false false false false false false false true true false false true true false false true true true true false OR X X SHEILA STILEY 5415740320 PO BOX 1457 NEWPORT OR 973650011 TREVOR BRITTSAN PRESIDENT 5.00 X X 0 0 0 MICHAEL SMITH TREASURER 3.00 X X 0 0 0 SANDY BATTLES SECRETARY 2.00 X X 0 0 0 ROSA COPPOLA DIRECTOR 1.00 X 0 0 0 RICHARD MUSICK DIRECTOR 1.00 X 0 0 0 ELIZABETH REYES DIRECTOR 1.00 X 0 0 0 SHEILA STILEY EXECUTIVE DI 40.00 X 80406 0 0 80406 false false false 7663187 53807 5000 7716994 RENTAL INCOME 1047770 1047770 DEVELOPER FEES 331948 331948 PARTNERSHIP ADMIN FEES 12742 12742 PROPERTY MGT/CONTRACTS 10000 10000 OTHER TENANT INCOME 7811 7811 1410271 5430 5430 1846 2151 -305 -305 -305 OTHER INCOME 594 594 594 9132984 1410560 5430 80406 20102 40203 20101 582732 521400 32451 28881 31862 25257 3945 2660 49959 41131 5273 3555 44387 44387 6118 6118 64921 21000 43921 105411 105411 64074 40863 12953 10258 361007 339937 15570 5500 8144 2339 5805 92147 84909 7238 414561 412467 2094 91997 84136 6289 1572 PROGRAMS OTHER 45501 45501 SUPPLIES AND EQUIPMENT 31487 31487 CONTRIBUTIONS IN-KIND 5000 5000 TAXES AND FEES 4116 2146 1570 400 2083830 1833591 177312 72927 876035 1330075 255034 1591396 4315121 32967 28499 12409 13005 19689778 5746782 6909854 13942996 517336 2183129 10195031 21812825 95263 807698 1596117 4761969 2564353 2830279 193773 594017 4449506 8993963 X 5454130 12691275 291395 127587 5745525 12818862 10195031 21812825 7049154 24183 X false true X true true true X 117133 220326 4277640 104875 7716994 12436968 799949 803209 878629 1400547 1415990 5298324 1046 1046 918128 1023535 5156269 1505422 9132984 17736338 17736338 88 60 43 114 179 484 88 60 43 114 179 484 918216 1023595 5156312 1505536 9133163 17736822 1.00000 1.00000 0.00000 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1228576 1228576 14470315 5063441 9406874 489048 95937 393111 3501839 587404 2914435 13942996 DUE FROM AFFILIATES 1832065 ESCROW RESERVES 197305 LEASE ROU ASSET 73776 SECURITY DEPOSITS 69937 LAND HELD FOR DEVELOPMENT 10000 INVESTMENT IN GEALP 46 2183129 DUE TO AFFILIATES 416309 LEASE LIABILITY 76467 TENANT SECURITY DEPOSITS 70656 REFUNDABLE ADVANCES 30585 594017 9132984 9132984 9132984 2083830 2083830 2083830 FORM 990 - ORGANIZATION'S MISSION NORTHWEST COASTAL HOUSING (NWCH) WAS ESTABLISHED IN 1991 TO PROVIDE AFFORDABLE, SAFE, DECENT AND STABLE HOUSING WITH COMPASSION AND INTEGRITY TO THOSE LIVING IN LINCOLN COUNTY, OREGON. NWCH DEVELOPS AND MAINTAINS AFFORDABLE HOUSING WHILE ADVOCATING FOR AND SUPPORTING COMMUNITY EFFORTS THAT ENHANCE AFFORDABLE HOUSING OPTIONS FOR LOW-INCOME AND/OR DISABLED INDIVIDUALS AND FAMILIES. FORM 990, PAGE 2, PART III, LINE 4A AFFORDABLE HOUSING PROGRAM PRESERVES, CONSTRUCTS AND REHABILITATES HOUSING UNITS IN LINCOLN COUNTY, OREGON TO PROVIDE RENTAL AND HOME OWNERSHIP OPPORTUNITIES FOR THOSE WHO CANNOT AFFORD MARKET RATE HOUSING. NWCH ADVOCATES FOR, DEVELOPS AND MANAGES SAFE, DECENT SHELTER FOR LOW-INCOME FAMILIES, INDIVIDUALS RECOVERING FROM MENTAL ILLNESS AND DRUG OR ALCOHOL ADDICTIONS, VETERANS, AND SUPPORTED HOUSING FOR DEVELOPMENTALLY DISABLED PEOPLE. NWCH ALSO PROVIDES RESIDENT SERVICES INCLUDING HEALTH AND NUTRITION WORKSHOPS, COMMUNITY GARDENS, KID'S CLUB, SOCIAL ACTIVITIES AND REFERRALS, CONFLICT RESOLUTION SERVICES, PLUS FIRST-TIME HOMEBUYER CLASSES, AND FINANCIAL FITNESS EDUCATION. YAQUINA BREEZE APARTMENTS IN NEWPORT, OREGON OFFER 9 UNITS OF SUPPORTIVE HOUSING FOR PERSONS WITH MENTAL HEALTH ISSUES INCLUDING PTSD DISABILITIES AND DRUG/ALCOHOL ADDICTIONS, EARNING LESS THAN 50% OF AREA FAMILY ADJUSTED GROSS INCOME. RESIDENT SERVICES ARE PROVIDED BY LINCOLN COUNTY HEALTH AND HUMAN SERVICES DEPARTMENT. GOLDEN EAGLE II IN TILLAMOOK OREGON OFFERS 32 APARTMENTS FOR SENIORS AND LOW-INCOME INDIVIDUALS AND FAMILIES AND WAS ACQUIRED IN 2021. COASTAL PHOENIX RISING IN LINCOLN CITY OREGON OFFERS 38 UNITS TO HOMEOWNERS DISPLACED DUE TO UNFORESEEN EVENTS SUCH AS WILDFIRES AS WELL AS THOSE IN NEED OF SHELTER AND/OR REFERRED BY AREA AGENCIES. THIS FORMER HOTEL WAS ACQUIRED IN 2021 AND IS NOW USED AS A SHELTER. NATE'S PLACE WAS ACQUIRED IN 2023 AND IS CURRENTLY HOUSING HOMELESS INDIVIDUALS WITH SUBSTANCE USE DISORDERS REFERRED BY RECONNECTIONS COUNSELING. NWCH IS CURRENTLY WORKING ON 4 ADDITIONAL HOUSING PROJECTS IN LINCOLN COUNTY, OREGON. FORM 990, PAGE 2, PART III, LINE 4B SPYGLASS RIDGE LP IS A PARTNERSHIP FORMED TO ACQUIRE, REHABILITATE, AND OPERATE AN 80 UNIT APARTMENT COMPLEX KNOWN AS SPYGLASS RIDGE APARTMENTS (THE RIDGE) LOCATED IN LINCOLN CITY, OREGON. THE RIDGE RENTS ALL OF ITS UNITS TO LOW-INCOME INDIVIDUALS AND FAMILIES AND IS OPERATED IN A MANNER NECESSARY TO QUALIFY FOR LOW-INCOME HOUSING TAX CREDITS AS PROVIDED UNDER SECTION 42 OF THE INTERNAL REVENUE CODE. THE RIDGE SHALL CONTINUE IN PERPETUITY AND IS SUBJECT TO U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) PROVISIONS, LAWS AND REGULATIONS FOR THE TERM OF ITS HUD INSURED LOAN. AS NOTED ABOVE, THE RIDGE PROVIDES 80 UNITS OF AFFORDABLE FAMILY HOUSING WITH 72 UNITS AT 60%, 6 UNITS AT 50% OR LESS OF THE AREA FAMILY ADJUSTED MEDIAN GROSS INCOME. NWCH OFFERS RESIDENT SERVICES AT THE RIDGE. FORM 990, PAGE 6, PART VI, LINE 11B THE EXECUTIVE DIRECTOR, PRESIDENT, AND BOOKKEEPER REVIEW THE FORM 990 BEFORE IT IS FILED. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD OF DIRECTORS REVIEWS THE EXECUTIVE DIRECTOR'S PERFORMANCE ANNUALLY. ANY SALARY ADJUSTMENTS ARE DETERMINED AT THAT TIME. FORM 990, PAGE 6, PART VI, LINE 15B THE EXECUTIVE DIRECTOR DETERMINES IF OTHER EMPLOYEES ARE ELIGIBLE FOR PAY INCREASES ON AN ANNUAL BASIS. FORM 990, PAGE 6, PART VI, LINE 19 COPIES OF DOCUMENTS ARE MADE AVAILABLE OR MAILED WITHIN 30 DAYS AFTER A WRITTEN REQUEST HAS BEEN RECEIVED BY THE EXECUTIVE DIRECTOR. FORM 990S ARE ALSO AVAILABLE AT GUIDESTAR.ORG. BLACKBERRY HILL HOUSING LLC 7450 NE AVERY STE A NEWPORT OR 97365 HOUSING OR NORTHWEST NORTHWEST COASTAL HOUSING COASTAL PHOENIX RISING LLC 7450 NE AVERY STE A NEWPORT OR 97365 863980931 SHELTER OR NWCH NORTHWEST COASTAL HOUSING GOLDEN EAGLE DEVELOPMENT LLC 7450 NE AVERY STE A NEWPORT OR 97365 872361351 HOUSING OR NWCH NORTHWEST COASTAL HOUSING