Form 990 for tax year 2023

Totals

Total revenue

$961,169

Total expenses

$1,333,760

Contributions and grants received

$867,988

Grants paid

$0

Program service revenue

$92,403

Investment income

$728

Other revenue

$50

Total assets, end of year

$718,268

Total liabilities, end of year

$101,651

Net assets or fund balances, end of year

$616,617

Program services expenses (Part IX)

$1,100,197

Management and general expenses

$183,027

Fundraising expenses

$50,536

Program service expenses (Part III)

$1,100,197

Program services were 82.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Mission and programs · 2023

• HOUSINGLINK HAS BEEN PROVIDING AFFORDABLE RENTAL HOUSING INFORMATION IN THE TWIN CITIES FOR TWENTY YEARS AND IS RECOGNIZED AS THE PRIMARY PLACE TO ACCESS HOUSING OPTIONS FOR LOW-TO-MODERATE INCOME RENTERS. IN ADDITION TO PROVIDING EASY ACCESS TO AFFORDABLE HOUSING WAITING LISTS AND VACANCIES, HOUSINGLINK IS AN ESTEEMED DATA PROVIDER TO A LARGE GROUP OF STAKEHOLDERS THROUGHOUT MINNESOTA. CENTRALIZED, EASY ACCESS TO INFORMATION ABOUT THE SUPPLY AND LOCATION OF AFFORDABLE HOUSING INFORMATION IS VITAL TO ENSURE THAT COMMUNITY DECISIONS ARE WELL-INFORMED, AND THAT LOW-INCOME HOUSEHOLDS ARE EMPOWERED TO OBTAIN HOUSING IN THEIR LOCATIONS OF CHOICE. CONTINUED ON SCHEDULE O. HOUSINGLINK (WWW.HOUSINGLINK.ORG) CONNECTS RENTERS TO THE RELEVANT, VITAL INFORMATION THEY NEED TO FIND THE APPROPRIATE AFFORDABLE HOME FOR THEIR HOUSEHOLD AND STREAMLINES THE PROCESS FOR ADVERTISING UNITS TO RENTERS. SPECIFICALLY, OUR HOUSING SEARCH TOOL IS ONLINE AND ALLOWS USERS TO FIND AFFORDABLE VACANCIES AND WAITING LISTS. OVER 1.5 MILLION SEARCHES FOR AFFORDABLE HOUSING WERE PERFORMED USING OUR WEBSITE DURING 2023. TYPICALLY, RENTERS ARE ABLE TO LOCATE THE INFORMATION THEY NEED IN LESS THAN FIVE MINUTES.THE FOLLOWING HOUSINGLINK ACTIVITY OCCURRED IN 2023: * 1,534,808 SEARCHES FOR AFFORDABLE HOUSING * 25,537 AFFORDABLE VACANCIES & WAITING LIST OPENINGS LISTED * 2,661,449 PAGE VIEWS OF HOUSING RESOURCES * 35,183 VISITS FOR SUBSIDIZED HOUSING INFORMATION * 88,083 VIEWS OF HOUSING AUTHORITY WAITING LIST STATUS * 83% OF LISTINGS THAT WOULD CONSIDER A SECTION 8 VOUCHER IN 2023 * 18,000+ VISITS FOR FAIR HOUSING INFORMATION * 23,527,121 NOTIFICATIONS OF HOUSING OPENINGS SENT THROUGH 2023HOUSINGLINK PROVIDES INFORMATION ON THE SUPPLY AND LOCATION OF PUBLICLY FUNDED AFFORDABLE HOUSING THROUGH REPORTS AND A PUBLICLY AVAILABLE ONLINE DATABASE CALLED STREAMS. STREAMS (WWW.HOUSINGLINK.ORG/STREAMS) INCLUDES PROPERTIES AND AFFORDABLE UNITS WITH PUBLIC FINANCING. STREAMS IS USED BY RESEARCHERS AND COMMUNITY PLANNERS AND POLICYMAKERS INVOLVED IN PROJECT PLANNING. OUR DATA AND RESEARCH CAPACITY LED US TO PRODUCE THE HOUSING MEASURES REPORT FOR THE MCKNIGHT FOUNDATION. STREAMS DATA IS UPDATED ANNUALLY TO REFLECT THE MOST CURRENT INFORMATION. WE PUBLISH TWIN CITIES RENTAL REVENUE, A SUBSCRIBER-BASED QUARTERLY REPORT THAT COMPARES MARKET RATE SHADOW (RENTAL HOUSES, DUPLEXES, CONDOS, AND TOWNHOMES) AND APARTMENT MARKET RENTS FOR THE SEVEN COUNTY METRO AREA. THIS REPORT IS URNING INTO A SUCCESSFUL EARNED INCOME VENTURE FOR HOUSINGLINK. WE AVERAGE 30 SUBSCRIBERS ANNUALLY; MAINLY RECURRING SUBSCRIPTIONS WHICH HELP SUPPORT OUR GENERAL OPERATIONS. HOUSINGLINK ALSO PUBLISHES A RENTAL HOUSING BRIEF FOR THE CITIES OF MINNEAPOLIS AND SAINT PAUL WHICH TRACKS KEY METRICS ON AFFORDABLE RENTAL HOUSING IN THE COMMUNITY TO INFORM POLICYMAKING. HOUSINGLINK'S STRATEGIC PLAN INCLUDES THE FOLLOWING STRATEGIC PRIORITIES FOR 2022-2026. * PURPOSEFULLY ARTICULATE THE VALUE AND BENEFIT OF HOUSINGLINK. * USING NEW AND EXISTING TECHNOLOGY SOLUTIONS, CONTINUE EXPANDING AFFORDABLE RENTAL HOUSING OPTIONS. * MAKE HOUSINGLINK DATA AND RESEARCH MORE ACCESSIBLE TO IMPROVE COMMUNITY KNOWLEDGE ABOUT RENTAL HOUSING. * DEEPEN CONNECTIONS TO AND DEVELOP RESOURCES FOR DIY PROPERTY OWNERS. * CONTINUE STRATEGIC EXPANSION. * BUILD INTENTIONAL CONNECTIONS AND DEEPEN WORK IN GREATER MINNESOTA.

  Expenses $935,514 · Revenue $28,563

• HOUSINGLINK WAS PART OF THE ZERO BALANCE PROJECT, A PROGRAM DESIGNED TO DISTRIBUTE FEDERAL EMERGENCY RENTAL ASSISTANCE (ERA) ESTABLISHED IN 2021 WITH POOLED FUNDING PROVIDED BY THE COUNTIES OF DAKOTA, HENNEPIN, AND RAMSEY AND THE CITIES OF MINNEAPOLIS AND SAINT PAUL (JURISDICTIONS). AS OF THE CLOSE OF THE ZERO BALANCE PROJECT ON MARCH 11, 2022, $29,674,914 IN RENTAL ASSISTANCE HAD BEEN PROVIDED TO 4,084 HOUSEHOLDS, FOR AN AVERAGE OF $7,266 PER HOUSEHOLD COVERING AN AVERAGE OF 7.2 MONTHS OF RENT.CONTINUED ON SCHEDULE O.THE BEYOND BACKGROUNDS PROGRAM HELPS RENTERS WITH BARRIERS (CRIMINAL CONVICTION, EVICTION, BAD CREDIT) BY PAIRING THE RENTER WITH A LANDLORD RISK MITIGATION FUND TO HELP THEM GET INTO A RENTAL HOME. THERE HAVE BEEN 538 RENTERS HOUSED, WITH 16 RISK FUND CLAIMS PAID TO LANDLORDS SINCE THE PROGRAM BEGAN IN NOVEMBER 2017.

  Expenses $164,683 · Revenue $59,552

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Schedule J

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type

form_990

Tax year

2023

Filed

30 May 2024

IRS schema version

2023v5.0

Source object

202431839349301113

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