Nonprofit · EIN 93-4320484
DEVCO FOUNDATION
Tax-exempt · BELLEVUE, WA 98004
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 (amended) | $14,613,092 | $147,992 | $14,465,100 | $2,937,787 | $6,933,233 | -$3,995,446 |
| December 31, 2023 | 990 | $0 | $0 | $0 | $1,250,000 | $1,250,000 | $0 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $14,591,688
- Program service revenue
- $0
- Investment income
- $21,404
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $48,000
- Salaries, compensation and benefits (total)
- $48,000
- Professional fundraising fees
- $0
- Legal fees
- $82,413
- Accounting fees
- $13,922
- Program services (functional)
- $101,731
- Management and general (functional)
- $46,261
Balance sheet and other
- Total assets, start of year
- $2,241,875
- Total assets, end of year
- $2,937,787
- Total liabilities, end of year
- $6,933,233
- Net assets, end of year
- -$3,995,446
- Gross receipts
- $14,613,092
- Employees
- 0
- Volunteers
- 1
- Year formed
- 2023
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| THOMAS HAWES HUNDEN | TREASURER Trustee or director, Officer | 1 | $8,000 |
| CAROLYN HAWES HUNDEN | SECRETARY Trustee or director, Officer | 1 | $8,000 |
| PAUL HERSKOWITZ | DIRECTOR Trustee or director | 1 | $8,000 |
| FARRELL ENDER | DIRECTOR Trustee or director | 1 | $8,000 |
| JEFF ARROWSMITH | DIRECTOR Trustee or director | 1 | $8,000 |
| JOHN SPENGLER | DIRECTOR Trustee or director | 1 | $8,000 |
| EVAN JACK HUNDEN | PRESIDENT Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| EVAN JACK HUNDEN | PRESIDENT Trustee or director, Officer | 1 | $0 |
| THOMAS HAWES HUNDEN | TREASURER Trustee or director, Officer | 1 | $0 |
| CAROLYN HAWES HUNDEN | SECRETARY Trustee or director, Officer | 1 | $0 |
| PAUL HERSKOWITZ | DIRECTOR Trustee or director | 1 | $0 |
| FARRELL ENDER | DIRECTOR Trustee or director | 1 | $0 |
| JEFF ARROWSMITH | DIRECTOR Trustee or director | 1 | $0 |
| JOHN SPENGLER | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 10900 NE 8TH ST STE 1200, BELLEVUE, WA 98004-4460
- Principal officer (990 for 2024)
- EVAN JACK HUNDEN, 10900 NE 8TH ST 1200, BELLEVUE, WA 980044460
- Signed the 990
- EVAN JACK HUNDEN, PRESIDENT
- Phone
- (206) 946-4993
- Return prepared by
- BAKER TILLY ADVISORY GROUP LP
Mission
THE ORGANIZATION CREATES OPPORTUNITIES FOR LOW-INCOME INDIVIDUALS AND FAMILIES THROUGH AFFORDABLE HOUSING PROJECTS AND INVESTMENT IN THOSE COMMUNITIES.
Program accomplishments
- THE ORGANIZATION CREATES OPPORTUNITY FOR LOW-INCOME INDIVIDUALS AND FAMILIES BY PROVIDING QUALITY AFFORDABLE HOUSING. THE ORGANIZATION WILL, THROUGH JOINT VENTURES OR OTHERWISE, INVEST IN, DEVELOP, BUILD, OWN, OPERATE, REHABILITATE, AND/OR MANAGE AFFORDABLE HOUSING PROJECTS.Expenses $101,731
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
- 93-4320484
- 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
- 2024
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L20)
- Assets (IRS master file)
- $2,937,787
- Income (IRS master file)
- $14,613,092
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $14,613,092 | $147,992 | $2,937,787 | XML |
| 990 | December 2023 | $0 | $0 | $1,250,000 | XML |
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 93-4320484).
Questions about DEVCO FOUNDATION
- What is the EIN of DEVCO FOUNDATION?
- The employer identification number (EIN) of DEVCO FOUNDATION is 93-4320484.
- Is DEVCO FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
- Are donations to DEVCO FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does DEVCO FOUNDATION 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 DEVCO FOUNDATION 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 DEVCO FOUNDATION 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 DEVCO FOUNDATION?
- The 990 for the year ended December 31, 2024 names EVAN JACK HUNDEN.
- Who are the officers and directors of DEVCO FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 7 people; 6 received compensation from the organization, the highest $8,000 (THOMAS HAWES HUNDEN, TREASURER).
- How much revenue does DEVCO FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $14,613,092, expenses of $147,992 and total assets of $2,937,787 at year end.
Other nonprofits in BELLEVUE
- CONGREGATIONS FOR THE HOMELESS EIN 45-3932748 · last filed 990 for 2024
- COMMUNITY HOMES EIN 91-1700810 · last filed 990 for 2024
- EASTSIDE HOME ASSOCIATION EIN 91-0976520 · last filed 990 for 2026
- SOUND FOUNDATIONS NW EIN 85-3697725 · last filed 990 for 2025
- EASTSIDE COMMUNITY DEVELOPMENT FUND EIN 85-0997236 · last filed 990 for 2024
- FAIRVIEW HOUSING EIN 91-1804397 · last filed 990 for 2025
- PINE MEADOWS SENIOR HOUSING EIN 27-4605678 · last filed 990 for 2024
- MADAD NORTHWEST EIN 84-4808665 · last filed 990-EZ for 2025
All nonprofits in BELLEVUE · Washington · Housing and shelter