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Nonprofit · EIN 83-0744308

THURSTON HOUSING LAND TRUST

Tax-exempt · OLYMPIA, WA 98501

Financials

$257K$200K2023$106K$116K2024
Revenue Expenses · by fiscal year end
Financials of THURSTON HOUSING LAND TRUST by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$106,363$115,668-$9,305$1,452,857$1,228,324$224,533
December 31, 2023990$257,062$200,374$56,688$233,838$0$233,838
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$46,359
of which government grants
$9,091
Membership dues
$687
Program service revenue
$59,933
Investment income
$71
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$24,900
Salaries, compensation and benefits (total)
$27,253
Professional fundraising fees
$0
Legal fees
$2,218
Travel
$722
Depreciation
$16,943
Program services (functional)
$94,866
Management and general (functional)
$18,378
Fundraising (functional)
$2,424

Balance sheet and other

Total assets, start of year
$233,838
Total assets, end of year
$1,452,857
Total liabilities, end of year
$1,228,324
Net assets, end of year
$224,533
Land, buildings and equipment
$1,350,688
Net assets without donor restrictions
$183,126
Net assets with donor restrictions
$41,407
Gross receipts
$106,363
Employees
1
Volunteers
25
Year formed
2018
State of legal domicile
WA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
DAN RUBINSECRETARY
Trustee or director, Officer
10$0
REBECA POTASNIKTREASURER
Trustee or director, Officer
5$0
SUSAN DAVENPORT-MOORETRUSTEE
Trustee or director
4$0
GRACE MCLARTYTRUSTEE
Trustee or director
1$0
JERRY BUSTAMANTEPRESIDENT
Trustee or director, Officer
5$0
ANN VANDEMANTRUSTEE
Trustee or director
1$0
PAUL KNOXTRUSTEE
Trustee or director
5$0
ROBIN DOWNEYVICE PRESIDENT
Trustee or director, Officer
5$0
KIRY NELSONTRUSTEE
Trustee or director
1$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensation
DAN RUBINSecretary
Trustee or director, Officer
10$0
REBECA POTASNIKTreasurer
Trustee or director, Officer
5$0
SUSAN DAVENPORT-MOORETrustee
Trustee or director
4$0
LA TOYA JOHNSONVice President
Trustee or director, Officer
2$0
JERRY BUSTAMANTEPresident
Trustee or director, Officer
5$0
ANN VANDEMANTrustee
Trustee or director
2$0
ZAHID CHAUDRYTrustee
Trustee or director
2$0
PAUL KNOXTrustee
Trustee or director
5$0
ROBIN DOWNEYTrustee
Trustee or director
5$0
ROB RICHARDSTrustee
Trustee or director
2$0

Address and contacts

Address (IRS master file)
215 LEGION WAY SW, OLYMPIA, WA 98501-1219
Mailing address (990-N for 2018)
PO Box 303, Olympia WA 98507
Principal officer (990 for 2024)
REBECA POTASNIK, PO BOX 7277, OLYMPIA, WA 98507
Principal officer (990-N for 2018)
Dan Rubin, 3043 Central St SE, Olympia WA 98501
Signed the 990
REBECA POTASNIK, PRESIDENT
Phone
(360) 346-1920

Mission

TO ACQUIRE AND BUILD AFFORDABLE HOUSING FOR LOW AND MODERATE INCOME PEOPLE, AND TO PRESERVE HOUSING AFFORDABILITY FOR FUTURE GENERATIONS OF LOW AND MODERATE INCOME PEOPLE, ACCOMPLISHED THROUGH A SHARED EQUITY FORM OF HOME OWNERSHIP.

990 for the year ended December 31, 2024

Program accomplishments

  • TO ACQUIRE AND BUILD AFFORDABLE HOUSING FOR LOW AND MODERATE INCOME PEOPLE, AND TO PRESERVE HOUSING AFFORDABILITY FOR FUTURE GENERATIONS OF LOW AND MODERATE INCOME PEOPLE, ACCOMPLISHED THROUGH A SHARED EQUITY FORM OF HOME OWNERSHIP.
    Expenses $94,866 · revenue $59,933

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
83-0744308
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2019
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,452,857
Income (IRS master file)
$106,363

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$106,363$115,668$1,452,857XML
990December 2023$257,062$200,374$233,838XML
990December 2022$115,431$37,644$177,150IRS
990December 2021–––IRS
990-EZDecember 2020–––IRS
990-N for 2018
Officer: Dan Rubin
December 31, 2018≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 83-0744308).

Questions about THURSTON HOUSING LAND TRUST

What is the EIN of THURSTON HOUSING LAND TRUST?
The employer identification number (EIN) of THURSTON HOUSING LAND TRUST is 83-0744308.
Is THURSTON HOUSING LAND TRUST tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
Are donations to THURSTON HOUSING LAND TRUST tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does THURSTON HOUSING LAND TRUST file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of THURSTON HOUSING LAND TRUST due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did THURSTON HOUSING LAND TRUST last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of THURSTON HOUSING LAND TRUST?
The 990 for the year ended December 31, 2024 names REBECA POTASNIK.
Who are the officers and directors of THURSTON HOUSING LAND TRUST?
The 990 for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
How much revenue does THURSTON HOUSING LAND TRUST have?
On its 990 for the year ended December 31, 2024 it reported revenue of $106,363, expenses of $115,668 and total assets of $1,452,857 at year end.

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