Skip to content
Nonprofiteer
← HOUSING FIRST STEPS FORWARD INC

Form 990 for tax year 2023

Filed by HOUSING FIRST STEPS FORWARD INC.

Totals

Total revenue
$2,873,821
Total expenses
$1,946,447
Contributions and grants received
$1,076,865
Grants paid
$0
Program service revenue
$1,775,396
Investment income
$3,803
Other revenue
$17,757
Total assets, end of year
$12,935,407
Total liabilities, end of year
$5,546,539
Net assets or fund balances, end of year
$7,388,868
Program services expenses (Part IX)
$1,718,431
Management and general expenses
$228,016
Fundraising expenses
$0
Program service expenses (Part III)
$1,718,431

Program services were 88.3% 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.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $1,076,865

  • 2a · Program service revenue: HOMELESS HOUSING RENT

    total $1,775,396 · related or exempt $1,775,396

  • 3 · Investment income

    total $3,803 · excluded $3,803

  • 11a · Other revenue: OTHER INCOME

    total $17,757 · related or exempt $17,757

  • 11e · Other revenue, total

    $17,757

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $175,491 · program services $145,278 · management and general $30,213

  • 9 · Other employee benefits

    total $15,174 · program services $14,858 · management and general $316

  • 10 · Payroll taxes

    total $14,312 · program services $11,848 · management and general $2,464

  • 11a · Fees: management

    total $112,704 · management and general $112,704

  • 11b · Fees: legal

    total $7,239 · management and general $7,239

  • 11c · Fees: accounting

    total $33,562 · management and general $33,562

  • 13 · Office expenses

    total $27,464 · management and general $27,464

  • 16 · Occupancy

    total $723,523 · program services $723,523

  • 17 · Travel

    total $7,004 · program services $4,744 · management and general $2,260

  • 20 · Interest

    total $238,979 · program services $238,979

  • 22 · Depreciation, depletion and amortization

    total $278,060 · program services $278,060

  • 23 · Insurance

    total $295,503 · program services $295,503

  • 24a · Other expenses: BAD DEBTS

    total $11,794 · management and general $11,794

  • 24b · Other expenses: TRAINING

    total $3,281 · program services $3,281

  • 24c · Other expenses: RESIDENT PROMOTIONS

    total $2,357 · program services $2,357

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $60,421 · end of year $192,331

  • 2 · Savings and temporary cash investments

    beginning of year $57,620 · end of year $11,568

  • 4 · Accounts receivable

    beginning of year $1,399,475 · end of year $74,078

  • 9 · Prepaid expenses and deferred charges

    beginning of year $3,170

  • 10a · Land, buildings and equipment: cost or other basis

    $13,825,000

  • 10b · Land, buildings and equipment: accumulated depreciation

    $1,458,689

  • 10c · Land, buildings and equipment, net

    beginning of year $9,429,046 · end of year $12,366,311

  • 15 · Other assets

    beginning of year $204,543 · end of year $291,119

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,267,700 · end of year $206,154

  • 22 · Loans and payables to officers and key people

    beginning of year $1,003,725 · end of year $903,033

  • 23 · Secured mortgages and notes payable

    beginning of year $3,235,963 · end of year $4,299,063

  • 25 · Other liabilities

    beginning of year $106,915 · end of year $138,289

  • 27 · Net assets without donor restrictions

    beginning of year $737,521 · end of year $789,589

  • 28 · Net assets with donor restrictions

    beginning of year $4,802,451 · end of year $6,599,279

Mission and programs · 2023

Mission

TO OFFER PERMANENT HOUSING AND SUPPORT SERVICES FOR THE CHRONICALLY HOMELESS ADULT POPULATION IN HILLSBOROUGH COUNTY.

  • HOUSING FIRST STEPS FORWARD, INC. OPENED ORCHID COVE APARTMENTS IN 2014, SOUTHLAND APARTMENTS IN 2015, MANCHESTER APARTMENTS IN 2016, GREENWOOD APARTMENTS IN 2018, AND YOUNGSTOWN APARTMENTS IN 2023. ALL OPERATING FACILITIES PROVIDE APARTMENTS TO THE CHRONICALLY HOMELESS POPULATION. CURRENTLY, HOUSING FIRST STEPS FORWARD, INC. HAS A TOTAL OF ONE HUNDRED AND TWENTY-SEVEN OPERATING UNITS, TWENTY AT THE ORCHID COVE LOCATION, FORTY-SEVEN AT THE SOUTHLAND LOCATION, THIRTY-SIX AT THE MANCHESTER LOCATION AND TWENTY-FOUR AT THE GREENWOOD LOCATION. OCCUPANCY AT DECEMBER 31, 2023 WAS 85% AT ORCHID COVE, WINSOME, AND SOUTHLAND APARTMENTS, 81% AT MANCHESTER. 88% AT GREENWOOD APARTMENTS AND 89% AT YOUNGSTOWN APARTMENTS.

    Expenses $1,718,431 · Revenue $1,775,396

As filed on the 2023 return.

Listed in Part VII

  • Cal Reed

    PRESIDENT

    Total calculated
    $0
    Hours/week
    5

  • David Reed

    TREASURER

    Total calculated
    $0
    Hours/week
    5

  • John Delavergne

    DIRECTOR/SECRETARY

    Total calculated
    $0
    Hours/week
    5

  • Kamela Corbett

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • Michael Merrill

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

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.

Grants on this return

No itemized grants to organizations on this return.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • HFSF 1 LLC

    HOMELESS HOUSING · FL · income $250,407 · assets $856,184

    Directly controlled by HFSF INC

  • HFSF 2 LLC

    HOMELESS HOUSING · FL · income $620,965 · assets $2,427,108

    Directly controlled by HFSF INC

  • HFSF 3 LLC

    HOMELESS HOUSING · FL · income $434,427 · assets $1,710,584

    Directly controlled by HFSF INC

  • HFSF 4 LLC

    HOMELESS HOUSING · FL · income $256,936 · assets $1,185,949

    Directly controlled by HFSF INC

  • HFSF 5 LLC

    HOMELESS HOUSING · FL · income $1,308,092 · assets $6,749,600

    Directly controlled by HFSF INC

Provenance

Return type
form_990
Tax year
2023
Filed
22 November 2024
IRS schema version
2023v5.1
Source object
202433279349300128

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.