2025-11-14T16:16:50-06:00 2024-12-31 943108253 NOVOGRADAC & COMPANY LLP 3780 KILROY AIRPORT WAY SUITE 330 LONG BEACH CA 90806 990 2024-01-01 943141603 NORTHWEST COASTAL HOUSING NORT 5415740320 PO BOX 1457 NEWPORT OR 973650011 SHEILA STILEY EXECUTIVE DIRECTOR 5415740320 2025-11-14 1 0 JUSTIN CHUBB LURYA P01989897 5624329482 2024 2025-03-06 01:10:19Z SHEILA STILEY PO BOX 1457 NEWPORT OR 973650011 4319048 0 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 CANNOT AFFORD MARKET RATE HOUSING. 6 6 29 18 0 0 7716994 2501888 1410271 1815359 5430 1801 289 0 9132984 4319048 0 0 0 0 0 847474 0 0 0 0 1874279 0 2721753 9132984 1597295 21812825 21707178 8993963 7291021 12818862 14416157 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. 0 0 1324730 1081462 AFFORDABLE HOUSING PROGRAMS:NORTHWEST COASTAL HOUSING (NWCH) DEVELOPS, PRESERVES, AND OPERATES AFFORDABLE HOUSING FOR LOW-INCOME HOUSEHOLDS IN LINCOLN COUNTY. NWCH PROVIDES SERVICES THAT REDUCE BARRIERS TO ENHANCED LIVING AND HELP RESIDENTS MAINTAIN LONG-TERM HOUSING STABILITY. THESE SERVICES INCLUDE RESOURCE NAVIGATION, CONFLICT-RESOLUTION SUPPORT, REFERRALS, AND COMMUNITY ENGAGEMENT ACTIVITIES. PROPERTIES INCLUDE YAQUINA BREEZE APARTMENTS, SERVING INDIVIDUALS WITH SEVERE AND PERSISTENT MENTAL ILLNESS, AND BLACKBERRY HILL APARTMENTS, PROVIDING SUPPORTIVE HOUSING FOR MILITARY VETERANS.COASTAL PHOENIX RISING (CPR):COASTAL PHOENIX RISING, ACQUIRED IN 2021, IS A LOW-BARRIER EMERGENCY TRANSITIONAL SHELTER OFFERING 35 NON-CONGREGATE ROOMS WITH 24/7 ONSITE OVERSIGHT. CPR PROVIDES PEER SUPPORT, HOUSING NAVIGATION, AND ACCESS TO ESSENTIAL RESOURCES TO REDUCE BARRIERS AND SUPPORT TRANSITIONS INTO PERMANENT HOUSING. THE PROGRAM SERVED 178 INDIVIDUALS IN 2024. 863371 733766 SPYGLASS RIDGE (SPYGLASS RIDGE LIMITED PARTNERSHIP):NWCH IS A GENERAL PARTNER IN SPYGLASS RIDGE LP, WHICH OWNS AND OPERATES THE RIDGE, AN 80-UNIT AFFORDABLE HOUSING COMMUNITY FOR LOW-INCOME INDIVIDUALS AND FAMILIES. IN ADDITION TO PROVIDING SAFE, STABLE HOUSING, THE RIDGE OFFERS SERVICES THAT REDUCE BARRIERS AND SUPPORT RESIDENTS IN MAINTAINING THEIR HOUSING. THE PROPERTY OPERATES UNDER LONG-TERM AFFORDABILITY REQUIREMENTS THROUGH THE LOW-INCOME HOUSING TAX CREDIT (LIHTC) PROGRAM. 2188101 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 18 0 1 29 1 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 1 0 0 1 1 0 0 1 1 1 1 0 OR X X SHEILA STILEY 5415740320 PO BOX 1457 NEWPORT OR 973650011 TREVOR BRITTSAN PRESIDENT 4.00 0.00 X X 0 0 0 MICHAEL SMITH VICE PRESIDENT 2.00 0.00 X X 0 0 0 SANDY BATTLES SECRETARY 2.00 0.00 X X 0 0 0 LUCINDA TAYLOR BOARD MEMBER 4.00 0.00 X 0 0 0 RICHARD MUSICK TREASURER 6.00 0.00 X X 0 0 0 TIM MELTON BOARD MEMBER 2.00 0.00 X 0 0 0 SHEILA STILEY EXECUTIVE DIRECTOR 40.00 0.00 X 64263 0 0 64263 0 0 0 0 0 0 0 X 2496832 5056 2501888 RENTAL INCOME 531110 1011671 1011671 DEVELOPMENT FEES 236000 575227 575227 OTHER INCOME 900099 147159 147159 PROGRAM REVENUE 623990 81302 81302 1815359 1801 1801 4319048 1815359 0 1801 733566 468860 264706 57543 31902 25641 56365 41334 15031 3144 1573 1571 100732 78241 22491 432340 432340 64194 1986 62208 REPAIR AND MAINTENANCE 439264 437154 2110 PROPERTY MANAGEMENT FEE 210273 210273 GENERAL ADMINISTRATIVE 197516 115921 81595 UTILITIES 158205 158205 268611 210312 58299 2721753 2188101 533652 0 1330075 383923 4315121 2716295 28499 13005 15388 23064774 6179122 13942996 16885652 2183129 1705920 21812825 21707178 807698 110535 4761969 2847638 2830279 3965173 594017 367675 8993963 7291021 X 12691275 14340201 127587 75956 12818862 14416157 21812825 21707178 1597295 0 X 0 1 X 1 1 1 X 220326 4277640 104875 7716994 2501888 14821723 803209 878629 1400547 1415990 1815328 6313703 1023535 5156269 1505422 9132984 4317216 21135426 0 0 0 21135426 60 43 114 179 1832 2228 60 43 114 179 1832 2228 1023595 5156312 1505536 9133163 4319048 21137654 0.99990 1.00000 0.00010 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1806331 1806331 7414443 5955515 1458928 13844000 223607 13620393 16885652 DUE FROM AFFILIATES 1066534 RESTRICTED CASH 248862 LEASE ROU ASSET 73776 SECURITY DEPOSITS 69322 INVESTMENT IN GEALP 15 ACCRUED INTEREST RECEIVABLE 4381 DEVELOPER FEE RECEIVABLE 243030 1705920 DUE TO AFFILIATES 206769 LEASE LIABILITY 76467 TENANT SECURITY DEPOSITS 69820 ACCRUED INTEREST 14619 367675 4319048 0 4319048 0 4319048 2721753 0 2721753 0 2721753 FORM 990, PART VI, SECTION B, LINE 11B THE EXECUTIVE DIRECTOR, PRESIDENT, AND BOOKKEEPER REVIEW THE FORM 990 BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 15 FORM 990, PART VI, LINE 15A - COMPENSATION PROCESS FOR TOP OFFICIAL. THE BOARD OF DIRECTORS REVIEWS THE EXECUTIVE DIRECTOR'S PERFORMANCE ANNUALLY. ANY SALARY ADJUSTMENTS ARE DETERMINED AT THAT TIME. FORM 990, PART VI, LINE 15B - COMPENSATION PROCESS FOR OFFICERS THE EXECUTIVE DIRECTOR DETERMINES IF OTHER EMPLOYEES ARE ELIGIBLE FOR PAY INCREASES ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION C, 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. FORM 990, PART VIII, LINE 1 THE DECLINE IN 2024 REVENUE IS DUE TO THE ABSENCE OF MAJOR ONE-TIME 2023 GRANTS, INCLUDING $1.6M FOR THE TINY HOME VILLAGE AND $5.2M FOR THE NATE'S PLACE ACQUISITION. BLACKBERRY HILL HOUSING LLC 7450 NE AVERY STE A NEWPORT OR 97365 HOUSING OR NWCH COASTAL PHOENIX RISING LLC 7450 NE AVERY STE A NEWPORT OR 97365 SHELTER OR NWCH GOLDEN EAGLE DEVELOPMENT LLC 7450 NE AVERY STE A NEWPORT OR 97365 HOUSING OR NWCH GOLDEN EAGLE APARTMENTS LIMITED PARTNERSHIP 804 CHESTNUT DRIVE TILLAMOOK OR 97141 HOUSING OR NWCH 35 1012 0 0 0.00010 SPYGLASS RIDGE LIMITED PARTNERSHIP PO BOX 1457 NEWPORT OR 97365 HOUSING OR NWCH -140352 2570398 0 0 1.00000 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 GOLDEN EAGLE APARTMENTS LP D 1050000 2024 FINANCIAL STATEMENTS