Public Charity

DESC Hobson Clinic QALICB

DESC Hobson Clinic QALICB is a Public Charity headquartered in Seattle, WA. Financial data from the 2024 filing: $189K revenue, $881K expenses, $20.3M total assets. 2 publicly reported grants to this organization, totaling roughly $7.3M, appear in IRS filings.

EIN: 850509765 Seattle, WA Latest filing: 2024
Total Revenue$189K
Total Expenses$881K
Total Assets$20.3M
Grant Records2
Funding Total$7.3M
Filing Years2020–2024

Mission

The Corporation was formed for the purposes of acquiring, constructing, owning, and leasing a full-scale integrated health care clinic located in Seattle, Washington known as the Hobson Place Clinic.

Sample Grants Received

2021
FINANCE THE CONSTRUCTION AND OPERATION OF THE HOBSON CLINIC UNDER THE NEW MARKET TAX CREDIT PROGRAM
$2,131,317
2020
FINANCE THE CONSTRUCTION AND OPERATION OF THE HOBSON CLINIC UNDER THE NEW MARKET TAX CREDIT PROGRAM
$5,171,323

Showing up to 5 of 2 total records — full history available with membership.

Officers & Directors

Treasurer Bryan Friend
President/DESC Executive Director Daniel Malone
CFO (Until Dec) Jennifer Tripp
Vice President Judge Helen Halpert
Secretary Marcia Mccracken
CFO (From Dec) Patrick Gehring

Officer compensation and complete director data available with membership.

Top Grant Purposes

FINANCE THE CONSTRUCTION AND OPERATION OF THE HOBSON CLINIC UNDER THE NEW MARKET TAX CREDIT PROGRAM
$7,302,640 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $189K $881K $20.3M
2023 $183K $1.3M $20.9M
2022 $153K $922K $22.0M
2021 $2.1M $11K $25.1M
2020 $5.2M $6K $15.8M

Between 2020 and 2024, reported annual revenue declined from $5.2M to $189K (-96%), with total assets most recently reported at $20.3M.

Interactive year-over-year charts and full filing details available with membership.

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