#851of 1,000 in 2025

Housing Resources Bainbridge

Location
Bainbridge Island, Washington
Sector
Housing
Founded
1989
245%Three-year growth, FY2022 to FY2025
$8.7MFY2025 revenue
11Employees, FY2025
#65of 74 in Housing
#24of 27 in Washington

Revenue by fiscal year

FY2022: $2,527,373 $2.5M FY22 FY2023: $1,810,939 $1.8M FY23 FY2024: $4,603,658 $4.6M FY24 FY2025: $8,716,792 $8.7M FY25

We count pledges when the cash is received, not when they’re promised, so these numbers differ from Housing Resources Bainbridge’s 990. How we count pledges

Where revenue came from, FY2025

Government grants
$4.6M · 53%
Gifts and grants
$2.5M · 29%
Program revenue
$995K · 11%
Fundraising events
$582K · 7%
Other revenue
− $10K
Total revenue on the 990
$8,472,697
Investment income
− $100,702
Pledge payments received this year, promised in an earlier year
+ $344,797
Revenue we count
$8,716,792

What it does

Housing Resources Bainbridge is a community land trust, conserving land for permanently affordable housing. By making it possible for people of diverse backgrounds and incomes to live on Bainbridge, we are building a more equitable, inclusive, and healthy community.

Rental Housing - HRB owns and manages 73 rental properties and is the managing member of Winslow Terrace LLC, which owns one residential property of 48 units, for a combined total of 121 rental units of affordable housing.
Homeownership - Permanently affordable homeownership opportunities at HRB include 40 homes at Ferncliff Village, 2 units at Sparrows Condominiums, 2 units at Wallace Cottages, and 17 units at Wintergreen Townhomes.
Independent Living - HRB works with older adults, people with disabilities, and those coming home to rehab to maintain their independence. We assess the home environment and perform modifications and repairs to make it more functional and safe.

Leadership

Phedra ElliottPrincipal officer

EIN 95-0068013 · Full filings on ProPublica

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