Form 990 for tax year 2024

Filed by HAVEN PROJECT INC.

Totals

Total revenue: $1,259,003
Total expenses: $1,280,575
Contributions and grants received: $1,259,003
Grants paid: $0
Program service revenue: $0
Investment income: $0
Other revenue: $0
Total assets, end of year: $943,164
Total liabilities, end of year: $47,026
Net assets or fund balances, end of year: $896,138
Program services expenses (Part IX): $903,773
Management and general expenses: $253,996
Fundraising expenses: $122,805
Program service expenses (Part III): $903,773

Program services were 70.6% 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.

1a · Federated campaigns

$0
1b · Membership dues

$0
1c · Fundraising events

$0
1d · Related organizations

$0
1e · Government grants (contributions)

$0
1f · All other contributions, gifts and grants

$1,259,003
1g · Noncash contributions included above

$1,220,755
2a · Program service revenue

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
2b · Program service revenue

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
2c · Program service revenue

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
2d · Program service revenue

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
2e · Program service revenue

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
2f · All other program service revenue

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
3 · Investment income

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
4 · Income from investment of tax-exempt bond proceeds

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
5 · Royalties

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
6a · Gross rents

real property $0 · personal property $0
6b · Less rental expenses

real property $0 · personal property $0
6c · Rental income or loss

real property $0 · personal property $0
6d · Net rental income or loss

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
7a · Gross sales of assets other than inventory

securities $0 · other assets $0
7b · Less cost or other basis and sales expenses

securities $0 · other assets $0
7c · Gain or loss

securities $0 · other assets $0
7d · Net gain or loss

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
8a · Fundraising events: gross income

$0
8a · Fundraising events: contributions included on line 1c

$0
8b · Fundraising events: direct expenses

$0
8c · Net income from fundraising events

total $0 · unrelated business $0 · excluded $0
9a · Gaming: gross income

$0
9b · Gaming: direct expenses

$0
9c · Net income from gaming

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
10a · Gross sales of inventory

$0
10b · Cost of goods sold

$0
10c · Net income from sales of inventory

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
11a · Other revenue

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
11b · Other revenue

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
11c · Other revenue

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
11d · All other revenue

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
11e · Other revenue, total

$0

Functional expenses

Part IX, the statement of functional expenses.

1 · Grants to domestic organizations and governments

total $0 · program services $0
2 · Grants to domestic individuals

total $0 · program services $0
3 · Grants to foreign organizations and individuals

total $0 · program services $0
4 · Benefits paid to or for members

total $0 · program services $0
5 · Compensation of officers, directors and key employees

total $96,507 · program services $67,720 · management and general $21,231 · fundraising $7,556
6 · Compensation of disqualified persons

total $0 · program services $0 · management and general $0 · fundraising $0
7 · Other salaries and wages

total $565,101 · program services $421,017 · management and general $124,311 · fundraising $19,773
8 · Pension plan contributions

total $14,374 · program services $10,086 · management and general $3,162 · fundraising $1,126
9 · Other employee benefits

total $0 · program services $0 · management and general $0 · fundraising $0
10 · Payroll taxes

total $53,173 · program services $37,312 · management and general $11,697 · fundraising $4,164
11a · Fees: management

total $0 · program services $0 · management and general $0 · fundraising $0
11b · Fees: legal

total $0 · program services $0 · management and general $0 · fundraising $0
11c · Fees: accounting

total $56,845 · program services $39,888 · management and general $12,505 · fundraising $4,452
11d · Fees: lobbying

total $0 · program services $0 · management and general $0 · fundraising $0
11e · Fees: professional fundraising services

total $0 · fundraising $0
11f · Fees: investment management

total $0 · program services $0 · management and general $0 · fundraising $0
11g · Fees: other

total $0 · program services $0 · management and general $0 · fundraising $0
12 · Advertising and promotion

total $5,668 · program services $1,700 · management and general $0 · fundraising $3,967
13 · Office expenses

total $30,253 · program services $21,228 · management and general $6,655 · fundraising $2,370
14 · Information technology

total $29,222 · program services $20,504 · management and general $6,428 · fundraising $2,289
15 · Royalties

total $0 · program services $0 · management and general $0 · fundraising $0
16 · Occupancy

total $302,457 · program services $212,229 · management and general $66,535 · fundraising $23,693
17 · Travel

total $6,616 · program services $6,616 · management and general $0 · fundraising $0
18 · Travel or entertainment for public officials

total $0 · program services $0 · management and general $0 · fundraising $0
19 · Conferences, conventions and meetings

total $52,891 · program services $0 · management and general $0 · fundraising $52,891
20 · Interest

total $0 · program services $0 · management and general $0 · fundraising $0
21 · Payments to affiliates

total $0 · program services $0 · management and general $0 · fundraising $0
22 · Depreciation, depletion and amortization

total $3,086 · program services $3,086 · management and general $0 · fundraising $0
23 · Insurance

total $6,689 · program services $4,694 · management and general $1,472 · fundraising $524
24a · Other expenses: CAFE SUPPLIES

total $57,693 · program services $57,693 · management and general $0 · fundraising $0
24b · Other expenses

total $0 · program services $0 · management and general $0 · fundraising $0
24c · Other expenses

total $0 · program services $0 · management and general $0 · fundraising $0
24d · Other expenses

total $0 · program services $0 · management and general $0 · fundraising $0
24e · All other expenses

total $0 · program services $0 · management and general $0 · fundraising $0
26 · Joint costs (an allocation of the lines above)

total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

1 · Cash, non-interest-bearing

beginning of year $599,848 · end of year $575,025
2 · Savings and temporary cash investments

beginning of year $0 · end of year $0
3 · Pledges and grants receivable

beginning of year $0 · end of year $0
4 · Accounts receivable

beginning of year $66,351 · end of year $221,929
5 · Loans and receivables from officers and key people

beginning of year $0 · end of year $0
6 · Loans and receivables from disqualified persons

beginning of year $0 · end of year $0
7 · Other notes and loans receivable

beginning of year $165,085 · end of year $131,069
8 · Inventories for sale or use

beginning of year $4,435 · end of year $5,152
9 · Prepaid expenses and deferred charges

beginning of year $10,257 · end of year $6,745
10a · Land, buildings and equipment: cost or other basis

$49,325
10b · Land, buildings and equipment: accumulated depreciation

$46,081
10c · Land, buildings and equipment, net

beginning of year $4,330 · end of year $3,244
11 · Investments: publicly traded securities

beginning of year $0 · end of year $0
12 · Investments: other securities

beginning of year $0 · end of year $0
13 · Investments: program-related

beginning of year $0 · end of year $0
14 · Intangible assets

beginning of year $2,000 · end of year $0
15 · Other assets

beginning of year $98,009 · end of year $0
17 · Accounts payable and accrued expenses

beginning of year $31,952 · end of year $37,026
18 · Grants payable

beginning of year $0 · end of year $0
19 · Deferred revenue

beginning of year $0 · end of year $10,000
20 · Tax-exempt bond liabilities

beginning of year $0 · end of year $0
21 · Escrow or custodial account liability

beginning of year $0 · end of year $0
22 · Loans and payables to officers and key people

beginning of year $0 · end of year $0
23 · Secured mortgages and notes payable

beginning of year $0 · end of year $0
24 · Unsecured notes and loans payable

beginning of year $0 · end of year $0
25 · Other liabilities

beginning of year $0 · end of year $0
27 · Net assets without donor restrictions

beginning of year $861,588 · end of year $367,375
28 · Net assets with donor restrictions

beginning of year $56,775 · end of year $528,763

Mission and programs · 2024

Mission

FOUNDED IN 2011 THE HAVEN PROJECT INC. THE ORGANIZATION IS A NOT-FOR-PROFIT ORGANIZATION OPERATING OUT OF LYNN MA WITH THE MISSION TO EQUIP TRAIN AND EMPOWER AT RISK HOMELESS YOUNG ADULTS BY PROVIDING THEM WITH THE BASIC NEEDS ONLINE LEARNING EDUCATIONAL SUPPORT JOB TRAINING AND JOB ACQUISITION STABLE LIVING OPTIONS AND OPPORTUNITIES TO BUILD COMMUNITY AND LIFE SKILLS.

Activities or mission (Part I)

EQUIP AND EMPOWER HOMELESS OR IMMINENTLY HOMELESS YOUNG ADULTS WITH SKILLS AND SUPPORT THEY NEED TO BE SAFE AND SELF-SUPPORTING.

MAINTAINED AND STAFFED COFFEE SHOP OPEN TO THE PUBLIC BY PROVIDING JOBS TRAINING AND PUBLIC SERVICE EXPERIENCE FOR AT-RISK YOUNG ADULTS.

Expenses $57,693 · Revenue $155,853
DROP-IN CENTER PROVIDED AT-RISK HOMELESS YOUNG ADULTS WITH BASIC NEEDS FOOD EDUCATION AND JOB TRAINING.*ENGAGED OVER 300 HOMELESS UNACCOMPANIED THROUGH ONGOING SOCIAL MEDIA CONTACT STREET OUTREACH AND COMMUNITY RELATIONSHIPS; *PROVIDED GROCERY GIFT CARDS AND YEAR-ROUND ACCESS TO OUR ON-SITE FOOD PANTRY LAUNDRY FACILITIES AND SHOWER FACILITIES; *MAINTAINED ONGOING PHONE SOCIAL MEDIA EMAIL CONTACT WITH 45 YOUTH EACH WEEK; *ENROLLED 100% OF ENGAGED CLIENTS IN MASS HEALTH AND OR SNAP FOOD STAMP BENEFITS; *EMPLOYED 53 CLIENTS IN OUR JOB TRAINING PROGRAM WHERE THEY WERE ABLE TO BUILD IMPORTANT WORK SKILLS; *HELPED 75 YOUNG ADULTS SECURE SAFE AND RELIABLE EMPLOYMENT AND PROVIDED IN-PERSON AND OR VIRTUAL JOB TRAINING WORKSHOPS TO 108 CLIENTS; *DEVELOPED 10 PARTNERSHIPS TO 1 ASSIST CLIENTS AS THEY TRANSITION FROM OUR PROGRAM TO OUTSIDE WORK POSITIONS AND 2 IMPROVE OUR COMMUNITY OUTREACH AND NAME RECOGNITION. THESE INCLUDE THE WASH CYCLE TARGET BETH ISRAEL ROOT NSCC AND SALEM STATE UNIVERSITY;*SECURED HOUSING FOR 49 HOMELESS YOUTH IN APARTMENTS DORMS AND OR ROOM RENTALS; *ASSISTED 78 CLIENTS TO ACHIEVE AN EDUCATIONAL MILESTONE 23 OF WHOM GRADUATED FROM AN EDUCATIONAL PROGRAM - HISET HIGH SCHOOL AND OR COLLEGE; AND STRATEGICALLY SCALING OUR IMPACT WITH FOUR GROUNDBREAKING INITIATIVES: 1. CATALYST: A 23-UNIT PERMANENT SUPPORTIVE HOUSING PROJECT WITH ON-SITE SERVICES FOR LOW MODERATE INCOME YOUNG ADULTS WITH ONE HOUSING UNIT FOR A RESIDENT DIRECTOR AS WELL AS PROGRAM AND OFFICE SPACE. ANTICIPATED OPENING APRIL 20252. THE NEST: WE ARE WORKING CLOSELY WITH LYNN HOUSING AND DEVELOPMENT AND OUR LOCAL YOUTH ACTION BOARD TO CREATE THE NEST A TRANSITIONAL HOUSING - RAPID REHOUSING PROJECT IN LYNN FOR 24 HOMELESS YOUNG ADULTS. RENOVATIONS ARE CURRENTLY UNDERWAY AND PROGRAMMING IS SET TO BEGIN THIS FALL. 3. EXPANDED CAREER DEVELOPMENT PROGRAM: RECOGNIZING PROGRAM PARTICIPANTS ARE OFTEN UNABLE TO SUSTAIN HOUSING WITH ENTRY-LEVEL PAY WE DESIGNED A COMPREHENSIVE APPROACH THAT INTEGRATES COMMUNITY PARTNERSHIPS PERSONAL GOAL SETTING MENTAL WELL-BEING FINANCIAL LITERACY AND TRADITIONAL JOB SKILLS TRAINING.4. "GUARANTEED INCOME" PILOT PROGRAM: A PARTNERSHIP WITH GMA FUNDERS FOUNDATION TO IMPLEMENT A FINANCIAL PROGRAM THAT PROVIDES MONTHLY STIPENDS TO 28 YOUNG ADULTS OVER THE COURSE OF 18 MONTHS. THE HAVEN PROJECT WILL DISTRIBUTE THESE FUNDS AND TRACK PARTICIPANT PROGRESS THROUGH QUALITY OF LIFE SURVEYS.

Expenses $674,360 · Revenue $1,103,149
JOB TRAINING AND HOUSING PROGRAM PROVIDED AT RISK HOMELESS YOUNG ADULTS WITH TEMPORARY SHELTER AND JOB TRAINING.

Expenses $171,720

As filed on the 2024 return.

Listed in Part VII

Tracey ScherrerTRACEY SCHERRER

EXECUTIVE DIRECTOR

Total calculated

$96,507

From this org

$0

From related orgs

$96,507

Other

$0

Hours/week

40
Kurt LangeKURT LANGE

PRESIDENT

Total calculated

$0

Hours/week

5
Robert BishopROBERT BISHOP

VICE PRESIDENT

Total calculated

$0

Hours/week

1
Cecilio Hernanadez JrCECILIO HERNANADEZ JR

TREASURER

Total calculated

$0

Hours/week

1
Michael A SatterwhiteMICHAEL A SATTERWHITE

CLERK

Total calculated

$0

Hours/week

1
Theresa ContiTHERESA CONTI

BOARD MEMBER

Total calculated

$0

Hours/week

1
Lauren KingLAUREN KING

BOARD MEMBER

Total calculated

$0

Hours/week

1
Joyce ChiangJOYCE CHIANG

BOARD MEMBER

Total calculated

$0

Hours/week

1

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.

Provenance

Return type: form_990
Tax year: 2024
Filed: 16 May 2025
IRS schema version: 2024v5.1
Source object: 202541369349301629

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.