Nonprofit · EIN 87-3625195
WOOD RIVER COMMUNITY HOUSING TRUST INC
Tax-exempt · KETCHUM, ID 83340
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $479,103 | $1,161,011 | -$681,908 | $17,444,446 | $17,849,754 | -$405,308 |
| December 31, 2023 | 990 | $654,760 | $567,081 | $87,679 | $10,462,695 | $10,186,095 | $276,600 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $207,219
- Program service revenue
- $268,463
- Investment income
- $3,421
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $5,648
- Professional fundraising fees
- $0
- Legal fees
- $54,807
- Accounting fees
- $14,149
- Occupancy
- $26,953
- Depreciation
- $233,277
- Program services (functional)
- $1,161,011
Balance sheet and other
- Total assets, start of year
- $10,462,695
- Total assets, end of year
- $17,444,446
- Total liabilities, end of year
- $17,849,754
- Net assets, end of year
- -$405,308
- Land, buildings and equipment
- $14,391,652
- Net assets without donor restrictions
- -$405,308
- Gross receipts
- $479,103
- Employees
- 0
- Year formed
- 2021
- State of legal domicile
- ID
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STEVEN SHAFRAN | DIRECTOR Trustee or director, Officer | 10 | $0 |
| MARY WILSON | DIRECTOR Trustee or director, Officer | 10 | $0 |
| TIM WOLFF | DIRECTOR Trustee or director, Officer | 10 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARK EDLEN | DIRECTOR Trustee or director, Officer | 10 | $0 |
| STEVEN SHAFRAN | DIRECTOR Trustee or director, Officer | 10 | $0 |
| MARY WILSON | DIRECTOR Trustee or director, Officer | 10 | $0 |
| TIM WOLFF | DIRECTOR Trustee or director, Officer | 10 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 7840, KETCHUM, ID 83340-7126
- In care of
- % TIM WOLFF
- Mailing address (990-N for 2021)
- 151 4th St W Unit 7840, Ketchum ID 83340
- Principal officer (990 for 2024)
- STEVEN SHAFRAN, PO BOX 7840, KETCHUM, ID 83340
- Principal officer (990-N for 2021)
- Steve Shafran, 151 4th St W Unit 7840, Ketchum ID 83340
- Signed the 990
- STEVEN SHAFRAN, DIRECTOR
- Phone
- (208) 726-7500
- Website
- WWW.WRCHT.ORG
- Return prepared by
- LALLMAN CPAS ADVISORS
Mission
THE WOOD RIVER COMMUNITY HOUSING TRUST INC. (WRCHT) IS AN IDAHO NONPROFIT CORPORATION FORMED SPECIFICALLY TO RESOLVE THE LACK OF HOUSING IN THE WOOD RIVER VALLEY OF BLAINE COUNTY, IDAHO. ITS MISSION IS ACQUIRE OR DEVELOP AFFORDABLE RENTAL HOUSING FOR THE MIDDLE-INCOME WORKFORCE. THE WRCHT DEVELOPS, ACQUIRES, OWNS AND MANAGES MULTI-FAMILY RENTAL UNITS THROUGHOUT THE WOOD RIVER VALLEY. UNITS WILL BE RENTED TO QUALIFIED LOCAL RESIDENTS WHO ARE ACTIVELY WORKING AND LIVING IN THE WOOD RIVER VALLEY. THE TARGETED INCOME LEVEL IS 80-240% OF AMI. THE WOOD RIVER COMMUNITY HOUSING TRUST IS COMMITTED TO CREATING HOUSING SUPPLY TO SUPPORT THE HEALTH OF THE WOOD RIVER VALLEY LOCATED IN BLAINE COUNTY, IDAHO.
Program accomplishments
- THE WOOD RIVER COMMUNITY HOUSING TRUST INC. (WRCHT) IS AN IDAHO NONPROFIT CORPORATION FORMED SPECIFICALLY TO RESOLVE THE LACK OF HOUSING IN THE WOOD RIVER VALLEY OF BLAINE COUNTY, IDAHO. ITS MISSION IS ACQUIRE OR DEVELOP AFFORDABLE RENTAL HOUSING FOR THE MIDDLE-INCOME WORKFORCE. THE WRCHT DEVELOPS, ACQUIRES, OWNS AND MANAGES MULTI-FAMILY RENTAL UNITS THROUGHOUT THE WOOD RIVER VALLEY. UNITS WILL BE RENTED TO QUALIFIED LOCAL RESIDENTS WHO ARE ACTIVELY WORKING AND LIVING IN THE WOOD RIVER VALLEY. THE TARGETED INCOME LEVEL IS 80-240% OF AMI. THE WOOD RIVER COMMUNITY HOUSING TRUST IS COMMITTED TO CREATING HOUSING SUPPLY TO SUPPORT THE HEALTH OF THE WOOD RIVER VALLEY LOCATED IN BLAINE COUNTY, IDAHO.Expenses $1,161,011 · revenue $268,463
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 87-3625195
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2022
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L82)
- Assets (IRS master file)
- $17,444,446
- Income (IRS master file)
- $479,103
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $479,103 | $1,161,011 | $17,444,446 | XML |
| 990 | December 2023 | $654,760 | $567,081 | $10,462,695 | XML |
| 990 | December 2022 | $253,241 | $67,936 | $2,309,310 | IRS |
| 990-N for 2021 Officer: Steve Shafran | December 31, 2021 | ≤ $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 87-3625195).
Questions about WOOD RIVER COMMUNITY HOUSING TRUST INC
- What is the EIN of WOOD RIVER COMMUNITY HOUSING TRUST INC?
- The employer identification number (EIN) of WOOD RIVER COMMUNITY HOUSING TRUST INC is 87-3625195.
- Is WOOD RIVER COMMUNITY HOUSING TRUST INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to WOOD RIVER COMMUNITY HOUSING TRUST INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does WOOD RIVER COMMUNITY HOUSING TRUST INC 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 WOOD RIVER COMMUNITY HOUSING TRUST INC 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 WOOD RIVER COMMUNITY HOUSING TRUST INC 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 WOOD RIVER COMMUNITY HOUSING TRUST INC?
- The 990 for the year ended December 31, 2024 names STEVEN SHAFRAN.
- Who are the officers and directors of WOOD RIVER COMMUNITY HOUSING TRUST INC?
- The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does WOOD RIVER COMMUNITY HOUSING TRUST INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $479,103, expenses of $1,161,011 and total assets of $17,444,446 at year end.
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