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Nonprofit · EIN 91-0872181

1416 ASSOCIATION

Tax-exempt · LYNNWOOD, WA 98036

Financials

$6M$651K2023
Revenue Expenses · by fiscal year end
Financials of 1416 ASSOCIATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2024990$6,026,114$650,732$5,375,382$1,253,125$0$1,253,125
Financial details: 990 for the year ended September 30, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$510,994
Investment income
$5,515,120
Net gain from sales of assets
$5,515,120
Other revenue
$0

Expenses

Grants and similar amounts paid
$12,581
Compensation of officers, directors and key employees
$0
Other salaries and wages
$107,034
Salaries, compensation and benefits (total)
$138,063
Professional fundraising fees
$0
Legal fees
$21,985
Accounting fees
$2,865
Depreciation
$7,448
Program services (functional)
$650,732

Balance sheet and other

Total assets, start of year
$822,479
Total assets, end of year
$1,253,125
Total liabilities, end of year
$0
Net assets, end of year
$1,253,125
Gross receipts
$6,510,994
Employees
3
Year formed
1970
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 September 30, 2024, highest compensation first.

NameTitleHours / weekCompensation
DAVID A LABELPresident
Trustee or director
0$0
PEGGY LABELDirector
Trustee or director
0$0
DONALD LACHMANDirector
Trustee or director
0$0
JOHN TRACYPresident
Trustee or director
0$0

Address and contacts

Address (IRS master file)
4210 198TH ST SW STE 201, LYNNWOOD, WA 98036-6737
In care of
% ABIE LABEL & ASSOC INC
Signed the 990
DAVID A LABEL, President
Phone
(206) 382-8388
Return prepared by
NORTH CASCADES CPA PLLC

Mission

LOW INCOME RENTAL HOUSING

990 for the year ended September 30, 2024

Program accomplishments

  • LOW INCOME RENTAL HOUSING
    Expenses $650,732 · revenue $6,026,114

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 September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 15, 2027Not due yet
2024September 30, 2025February 16, 2026Not on file
2023September 30, 2024February 17, 2025990 on file

IRS record

EIN
91-0872181
Tax-exempt status
501(c)(4): Social welfare organization
Donations deductible
No
Exempt since
1973
Accounting year ends
September
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,253,125
Income (IRS master file)
$6,510,994

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2024$6,026,114$650,732$1,253,125XML
990September 2023$608,738$958,483$822,479IRS
990September 2022$613,915$706,607$1,146,209IRS
990September 2021–––IRS
990September 2019–––IRS
990September 2018–––IRS

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 91-0872181).

Questions about 1416 ASSOCIATION

What is the EIN of 1416 ASSOCIATION?
The employer identification number (EIN) of 1416 ASSOCIATION is 91-0872181.
Is 1416 ASSOCIATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1973.
Are donations to 1416 ASSOCIATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does 1416 ASSOCIATION 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 1416 ASSOCIATION due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did 1416 ASSOCIATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2024.
Who are the officers and directors of 1416 ASSOCIATION?
The 990 for the year ended September 30, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does 1416 ASSOCIATION have?
On its 990 for the year ended September 30, 2024 it reported revenue of $6,026,114, expenses of $650,732 and total assets of $1,253,125 at year end.

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