Form 990 for tax year 2023

Totals

Total revenue

$1,844,250

Total expenses

$1,731,053

Contributions and grants received

$1,204,564

Grants paid

$0

Program service revenue

$631,491

Investment income

$8,195

Other revenue

$0

Total assets, end of year

$843,358

Total liabilities, end of year

$433,755

Net assets or fund balances, end of year

$409,603

Program services expenses (Part IX)

$1,322,252

Management and general expenses

$285,859

Fundraising expenses

$122,942

Program service expenses (Part III)

$1,322,252

Program services were 76.4% 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

• Program One: Strategic Initiatives (Planning, Research and Action) Center for Houston's Future looks over the horizon at global, national, and local trends that will shape our future, and bring business, government, and community stakeholders together to engage in fact-based strategic planning, collaboration, consensus building and action on issues of great importance to the Houston region. In 2023, the Center undertook strategic work in the following areas: Energy, Energy Transition and Climate: The Center's energy transition and climate work seeks to ensure that Houston, the world's "energy capital," maintains its global leadership role throughout the energy transition. Guided by our theory of change, we have undertaken research, conferences, webcasts, projects, media interviews and thought leadership, and extensive work with many partners to catalyze this vision. As a result, we have identified multiple opportunities in the energy transition to build on Houston's infrastructure base, expertise of energy companies, skilled workforce, research universities and the nascent energy innovation ecosystem. as part of this effort, we are collaborating with the Greater Houston Partnership on its Houston Energy Transition Initiative (HETI), which included five key areas, and the Center is leading one of them, focused on clean hydrogen. 2023 highlights included: * HyVelocity Hub: A key success in 2023 was the Department of Energy's designation of HyVelocity Hub as one of seven regional hydrogen hubs across the country. The industry-led HyVelocity Hub is currently negotiating with DOE for a $1.2 billion grant award and the entire project will total $2.4 billion. The Center recruited seven leading energy companies to participate in the project. - The Center worked with GTI Energy and The University of Texas at Austin to organize the hub. - In addition, the HyVelocity ecosystem included 6 special advisers, 8 major academic institutions, and more than 20 community, workforce, and economic development organizations. * Regional Clean Hydrogen Ecosystem Development: In addition, the Center continued to work on developing a regional clean hydrogen ecosystem. We had 44 Steering Committee members and formed five working groups: transportation sector development, electrolysis manufacturing cluster development, international trade, marketplace standards development, and demand creation. As part of this work in 2023, we: - Led the Center's first ever international trade mission: Supported by the German and U.S. government, we led a Clean Hydrogen Trade Mission to Berlin, Hamburg, and Poland. 32 individuals representing 13 companies accompanied the Center on this mission. - Signed Memorandum of Understandings with Danish and Belgian companies and entities on Transatlantic hydrogen trade. - Worked with the Greater Houston Partnership on site selection for the first of several expected electrolysis gigafactories, which will create new manufacturing jobs across the region. - Participated in a grant application to support inland marine shipping. - Developed a strategy to help the region compete for more than $20 billion in federal clean energy grant dollars that will be coming available over the next year. - Worked with Accenture and GHP's UpSkill Houston on clean hydrogen workforce development, creating a framework and a model to provide jobs and career paths in the hydrogen economy for residents of underserved communities. - Helped create the Texas Hydrogen Alliance, which in turn spurred significant state legislation on hydrogen. * Climate and Energy Education: In partnership with Children's Museum Houston (CMH) and with sponsorship from Chevron and CenterPoint Energy Foundation, we expanded Driving the Future, our out-of-school enrichment program for students in grades 3-8 to learn about achieving a low-carbon future. In 2023: - We collaborated on two WonderWeek programs at the Museum, featuring hands-on activities and demonstrations. - We offered the program at several Houston Independent School District campuses and at Galena Park ISD both as a summer camp enrichment program and an afterschool program at four elementary schools, directly reaching more than 300 elementary students in 2023. Health and Health Equity: Building on our foundational 2020 health care report, the Center expanded its health care and health equity work by exploring opportunities for collaboration between leaders in health care, business, and social services to improve community health and economic well-being in Greater Houston. We continued to identify community health issues, pursued funding to support health equity initiatives, and conducted ongoing research and coalition building. 2023 Highlights: * Business Engagement in Maternal/Community Health: Our earlier health care research concluded that Houston faces a "paradox of plenty:" poor health outcomes rooted in economic and racial disparities despite premier medical resources. We also found that sustainable funding is a challenge to successful upstream health interventions. To address these issues, CHF is piloting a framework to engage employers with diverse stakeholders to support Social Determinants of Health (SDoH) initiatives informed by data analysis and communities. Our goal is to show a business case for SDoH investment and develop a scalable model, including a business engagement roadmap, community assessment and outcome reporting tools, and a "braided" funding structure. During 2023, we made progress on this project: - We secured an employer partner, a manufacturer with 9,000 local employees speaking 27 languages, and partnerships with Harris County Public Health, HOPE Clinic and Healthy Start Houston. - We formed an advisory board, completed a landscape analysis, and designed a pilot project. - We began to identify health care cost drivers and the potential to improve maternal health outcomes and productivity based on employee demographics, sorted by zip code, claims data, and analysis of community needs and assets. We identified a three-zip code target community. * St. Luke's Health Collaboration: In 2023, we launched a collaboration with a St. Luke's Health. CHF executives appeared in two videos - one on health care workforce challenges and one on partnerships as a key to enacting change - that are part of St. Luke's ExamiNation series on health equity. St. Luke's is also supporting two research papers. The first is focused on the intersection of climate change and health, looking at health challenges, and what hospitals are doing and should do to lower their carbon footprints. It was slated for release in 2024. The second topic is yet to be determined. * Conferences: - The Center organized and moderated a panel focused on health equity at the Health Benefits Nation conference in Houston in Fall 2023. - We co-hosted and co-organized, with the Houston Business Coalition on Health, a conference in the Medical Center entitled: Health Equity: A New and Necessary Frontier in Employee Benefits. Speakers included St. Luke's Health CEO Doug Lawson and Episcopal Health Foundation CEO Ann Barnes. Immigration: Our immigration work continued to focus on guiding business and community leaders to develop greater understanding of how immigration is integral to the region's economy. In 2023, we co-hosted a town hall discussion on immigration reform and its impact on children with Rice University's Baker Institute Center for US and Mexico, Children at Risk, Rational Middle, and Lorelle Media. We helped sponsor the National Immigration Forum's annual meeting, held for the first time outside of Washington, DC, and hosted their business roundtable meeting at Partnership Tower. Vision Project: In 2023, under the leadership of incoming Center Board Chair Cindy Yeilding, the Center piloted a "listening tour" to ask stakeholders about their opinions of the major issues facing Houston in the future as well as what they believe to be the strengths of the Center to address these and other issues. Overall, there was a sense that a shared vision and better collaboration/integration of efforts would have a positive impact. The Center's record and history of research, convening, and consensus building, along with our reach into the community through the Leadership Forum, would seem to put us in a good position to tackle this work. This work was basis for a possible project in 2024.

  Expenses $954,855 · Revenue $325,441

• Withheld by Nonprofiteer: this text may name a private individual.

  Expenses $251,361 · Revenue $222,350

• Withheld by Nonprofiteer: this text may name a private individual.

  Expenses $116,036 · Revenue $83,700

As filed on the 2023 return. A text marked withheld matched a screen for wording that may name a private individual, such as an honorific or "in memory of". Most of what it withholds names no one; it is withheld so that what does is never shown.

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

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 October 2024

IRS schema version

2023v5.1

Source object

202423049349302142

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