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Filing year 2024

Home Trust of Skagit

Burlington, Washington·EIN 27-1202317·NTEE L21 · Housing & Shelter·501(c)(3)
Total revenue
$372k
Total assets
$2.2M
Total expenses
$413k
Reported officers
10
Mission

TRUST ORGANIZATION, IS INCORPORATED TO HELP HOMEOWNERS IN SKAGIT COUNTY, WASHINGTON, SECURE AFFORDABLE HOMES AND ACHIEVE AN EQUITY RETURN ON THEIR INVESTMENT.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Housing & Shelter organizations nationwide.

Executive Dir.
Board Member
75th to 90th percentile
$70k
$75k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 9 unpaid individuals.

Browse compensation in Housing & Shelter →

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at Home Trust of Skagit equaled 17% of the organization's total expenses. The median for housing & shelter organizations is 7%.

This organization (2024)
17%
Sector median
7%
Middle half of sector
3% to 16%

Based on 7,888 housing & shelter organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Top compensation, year by year

From $11k in 2023 to $70k in 2024.

$11k
2023
$70k
2024
In today's dollarsEst.
Up 540% in real terms$12k to $75k

Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board Member pay rose 558% from 2023 to 2024, while revenue fell 53%.

$11k in 2023 to $70k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about Home Trust of Skagit

What does the Board Member of Home Trust of Skagit earn?

In 2024, the Board Member of Home Trust of Skagit received $70,000 in total compensation. This pay is in the top quarter for Board Member roles among Housing & Shelter organizations nationwide, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at Home Trust of Skagit compare with similar nonprofits?

Compared with the same role at Housing & Shelter organizations nationwide, the 2024 pay of the Board Member at Home Trust of Skagit falls between the 75th and 90th percentiles. In 2024, the highest total compensation at Home Trust of Skagit equaled 17% of the organization's total expenses. The median for housing & shelter organizations is 7%.

What are Home Trust of Skagit's revenue and expenses?

In 2024, Home Trust of Skagit reported $372k in total revenue and $413k in total expenses on its IRS Form 990.

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