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Idaho · Nonprofit

NORTHWEST REAL ESTATE CAPITAL CORPORATION

NORTHWEST REAL ESTATE CAPITAL CORPORATION (Idaho) receives grants from 2 organizations whose IRS filings report $757,925 to it, the largest being THE COLORADO HEALTH FOUNDATION ($750,000). 1 of them have funded it in more than one year.

Revenue FY2024
$29M
Funders on record
2
Grants received
$758k
Net assets
$59M
1/2 repeat funderspeak grant-dependency 1%
01What it does

What Northwest Real Estate Capital Corporation does

Mission

Low income housing pursuant to irs rev. Proc. 96-32acquisition, management and preservation of low income housing for the relief of the poor and distressed primarily hud, usda and irs section 42 low income multifamily housing

As stated on its FY2024 Form 990.

Program

  1. Northwest Real Estate Capital Corporation's mission is to provide affordable housing to low-income families. The corporation does this by operating various projects under hud, rd, and state housing authority programs. In addition to providing housing, the corporation is also involved in preserving existing affordable housing projects through the use of the irs section 42 low-income housing tax credit program. The corporation manages over 100 low-income multifamily housing projects or entities in the northwest area of the united states.

    $14,477,949 spent$22,162,894 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $14,477,949.

02The organization over time

The organization over time

Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20182018 Revenue 100 ($9.7M) Expenses 100 ($8.7M) Net assets 100 ($22M)2019 Revenue 106 ($10M) Expenses 111 ($9.7M) Net assets 103 ($23M)2020 Revenue 104 ($10M) Expenses 110 ($9.6M) Net assets 105 ($23M)2021 Revenue 267 ($26M) Expenses 165 ($14M) Net assets 157 ($35M)2022 Revenue 196 ($19M) Expenses 164 ($14M) Net assets 182 ($40M)2023 Revenue 189 ($18M) Expenses 197 ($17M) Net assets 210 ($47M)2024 Revenue 296 ($29M) Expenses 190 ($17M) Net assets 265 ($59M)
2018201920202021202220232024
Revenue (296)Expenses (190)Net assets (265)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $81M to $112M (+39%).

$41M
$40M
$42M
$59M
$65M
$81M
$112M
2018201920202021202220232024
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2018 18% · 2019 23% · 2020 19% · 2021 25% · 2022 27% · 2023 30% · 2024 16%. Grants only. Government contracts and fees sit inside program revenue.

16% of NORTHWEST REAL ESTATE CAPITAL CORPORATION’s revenue is contributions — more donation-reliant than the typical peer (13% for the typical peer).

This organization
Typical peer · 881 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 7 reported years ran a deficit.

$990k
’18
$578k
’19
$450k
’20
$12M
’21
$4.7M
’22
$1.1M
’23
$12M
’24
15
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

2018201920202021202220232024
Listed5555444
Joined·+0+0+0+1+0+0
No longer listed·000200
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

Funder
'21
'24*
total
funders
2
1

From the IRS filings of NORTHWEST REAL ESTATE CAPITAL CORPORATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

NORTHWEST REAL ESTATE CAPITAL CORPORATION leans on a few funders — its largest provides 99% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

99%
largest funder
100%
top three
~1
effective funders

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

NORTHWEST REAL ESTATE CAPITAL CORPORATION draws 99% of its grant income from funders outside Idaho, across 2 states in all.

ID
CO

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

NORTHWEST REAL ESTATE CAPITAL CORPORATION runs a healthier operating margin than three-quarters of the 817 housing & shelter nonprofits its size.

Operating margin42% · top quartile
Months of reserve15.3mo · top quartile
Revenue growth (annualized)20% · top quartile

this organization peer median middle 50% of peers· 817 housing & shelter nonprofits $10M–$100M, FY2024

Government funding NORTHWEST REAL ESTATE CAPITAL CORPORATION receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $1.6M on record — $1.1M federal, $548k state.

Federal$1.1M
grants $1.1Mcontracts $0
Top agencies
  • Department of the Treasury$1.1M
State$548k
21
23
24
25
Top programs
  • DISTRIBUTION TO NON-GOVERNMENTS$500k
  • DISTRIBUTION TO NON-PROFIT ORG$45k
  • OTHER SPECIAL PAYMENTS$2k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like NORTHWEST REAL ESTATE CAPITAL CORPORATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Idaho

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

88% of spending goes to programs.

Program 88%Management 12%Fundraising 0%

Governance

4
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

60%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 3 states

ID
MT
OR

Part of a family of 59 related entities

  • Apple Tree Associates · disregarded
  • Bga Development LLC · disregarded
  • Blanding Associates · disregarded
  • Bonners Ferry Associates · disregarded
  • Community Development of Oregon II LLC · disregarded

Screen this organization

A dated, signed PDF of the compliance screen for NORTHWEST REAL ESTATE CAPITAL CORPORATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds NORTHWEST REAL ESTATE CAPITAL CORPORATION?
NORTHWEST REAL ESTATE CAPITAL CORPORATION (Idaho) receives grants from 2 organizations whose IRS filings report $757,925 to it, the largest being THE COLORADO HEALTH FOUNDATION ($750,000). 1 of them have funded it in more than one year.
How many funders does NORTHWEST REAL ESTATE CAPITAL CORPORATION have?
IRS filings report 2 organizations giving $757,925 in grants to NORTHWEST REAL ESTATE CAPITAL CORPORATION, 1 of which have funded it in more than one year.
Who is the largest funder of NORTHWEST REAL ESTATE CAPITAL CORPORATION?
THE COLORADO HEALTH FOUNDATION is the largest funder on record, with $750,000 in grants. The full list of funders is on this page.
How can an organization like NORTHWEST REAL ESTATE CAPITAL CORPORATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Idaho. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2018–2024), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing