Totals
- Total revenue
- $5,684,756
- Total expenses
- $6,212,837
- Contributions and grants received
- $5,031,271
- Grants paid
- $3,298,621
- Program service revenue
- $629,972
- Investment income
- $21,218
- Other revenue
- $2,295
- Total assets, end of year
- $3,260,955
- Total liabilities, end of year
- $745,355
- Net assets or fund balances, end of year
- $2,515,600
- Program services expenses (Part IX)
- $5,988,422
- Management and general expenses
- $187,585
- Fundraising expenses
- $36,830
- Program service expenses (Part III)
- $5,988,422
Program services were 96.4% 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.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$4,798,116
-
1f · All other contributions, gifts and grants
$233,155
-
2a · Program service revenue: Contracted Services
total $629,972 · related or exempt $629,972
-
3 · Investment income
total $21,218 · excluded $21,218
-
11a · Other revenue: Miscellaneous Revenue
total $2,295 · related or exempt $2,295
-
11e · Other revenue, total
$2,295
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $3,298,621 · program services $3,298,621
-
5 · Compensation of officers, directors and key employees
total $169,347 · program services $156,344 · management and general $10,859 · fundraising $2,144
-
7 · Other salaries and wages
total $1,809,869 · program services $1,670,902 · management and general $116,051 · fundraising $22,916
-
8 · Pension plan contributions
total $33,125 · program services $30,582 · management and general $2,124 · fundraising $419
-
9 · Other employee benefits
total $124,760 · program services $115,181 · management and general $8,000 · fundraising $1,579
-
10 · Payroll taxes
total $157,123 · program services $145,059 · management and general $10,075 · fundraising $1,989
-
11c · Fees: accounting
total $48,376 · program services $44,662 · management and general $3,102 · fundraising $612
-
11g · Fees: other
total $130,447 · program services $120,431 · management and general $8,364 · fundraising $1,652
-
12 · Advertising and promotion
total $27,223 · program services $25,133 · management and general $1,746 · fundraising $344
-
13 · Office expenses
total $37,693 · program services $34,799 · management and general $2,417 · fundraising $477
-
14 · Information technology
total $52,659 · program services $48,616 · management and general $3,377 · fundraising $666
-
16 · Occupancy
total $21,061 · program services $19,444 · management and general $1,350 · fundraising $267
-
17 · Travel
total $7,386 · program services $6,819 · management and general $474 · fundraising $93
-
19 · Conferences, conventions and meetings
total $1,445 · program services $1,334 · management and general $93 · fundraising $18
-
22 · Depreciation, depletion and amortization
total $69,842 · program services $63,824 · management and general $5,199 · fundraising $819
-
23 · Insurance
total $14,846 · program services $13,706 · management and general $952 · fundraising $188
-
24a · Other expenses: Operating Lease Expense
total $155,648 · program services $143,697 · management and general $9,980 · fundraising $1,971
-
24b · Other expenses: Other Expenses
total $53,366 · program services $49,268 · management and general $3,422 · fundraising $676
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,580,991 · end of year $565,424
-
2 · Savings and temporary cash investments
beginning of year $467,848 · end of year $355,427
-
4 · Accounts receivable
beginning of year $1,520,324 · end of year $1,259,381
-
9 · Prepaid expenses and deferred charges
beginning of year $36,736 · end of year $51,479
-
10a · Land, buildings and equipment: cost or other basis
$328,613
-
10b · Land, buildings and equipment: accumulated depreciation
$204,790
-
10c · Land, buildings and equipment, net
beginning of year $159,891 · end of year $123,823
-
11 · Investments: publicly traded securities
end of year $389,227
-
15 · Other assets
beginning of year $642,476 · end of year $516,194
-
17 · Accounts payable and accrued expenses
beginning of year $100,170 · end of year $136,883
-
19 · Deferred revenue
beginning of year $648,878 · end of year $116,453
-
25 · Other liabilities
beginning of year $615,537 · end of year $492,019
-
27 · Net assets without donor restrictions
beginning of year $2,924,783 · end of year $2,498,104
-
28 · Net assets with donor restrictions
beginning of year $118,898 · end of year $17,496
Mission and programs · 2023
Mission
Housing Collaborative makes affordable housing easier to navigate by helping to secure rental housing for those experiencing homelessness; for those who have lost housing due to disaster or displacement; and for those experiencing housing instability. We make it easier for housing providers to work with program-connected households by expediting inspections, making quick housing payments, and remaining involved and supportive throughout tenancy.
Activities or mission (Part I)
To make affordable housing easier to navigate
-
Housing Collaborative is a nonprofit that makes affordable housing easier to navigate. Founded in Charlotte in 1999, Housing Collaborative helps secure or retain housing for households experiencing homelessness; those who have lost housing due to disaster, displacement, or eviction; and those who are at risk of homelessness. We work in collaboration with other mission-based organizations by leveraging their supportive services and/or programmatic resources with our housing expertise and housing-related resources. We are committed to second chances, and to using our journeys to help others. Many of our dedicated team members have experienced barriers to housing and employment like justice system involvement, homelessness, or domestic violence. (continued on Schedule O)In FY24, Housing Collaborative continued our housing placement and inspection coordination services in Mecklenburg County and expanded those services to 79 additional counties in North Carolina: Housing Collaborative helped 332 households (753 people) experiencing or at risk of homelessness to secure housing across 80 counties, including 61 households (103 people) impacted by displacement events in Mecklenburg County.We added 83 new housing provider partners statewide.Our inspection team coordinated over 1,080 rental housing inspections.We checked in with property providers to provide support over 1,400 times.In FY24, Housing Collaborative provided approximately $3.7M in housing-related financial assistance for households and incentives to develop and sustain housing provider partnerships:$2.97M in assistance was provided to help over 700 households experiencing homelessness to access and retain housing, including arrears, application fees, rental subsidies, and housing provider incentives.350 households were assisted with over $600K in first month's rent and security deposits through the City of Charlotte-funded Deposit Assistance Program.Approximately $129K in in direct financial assistance was distributed to support housing retention for 26 households in partnership with DreamKey Partners.Seven team members were promoted in FY24.
Expenses $5,988,422 · Grants $3,298,621 · Revenue $632,267
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Lakisha Jones
Chair
- Total calculated
- $0
- Hours/week
- 2
-
Kim Graham
Vice Chair
- Total calculated
- $0
- Hours/week
- 2
-
Jay Potter
Treasurer
- Total calculated
- $0
- Hours/week
- 2
-
Mark Ethridge
Secretary
- Total calculated
- $0
- Hours/week
- 2
-
Erin Barbee
Member
- Total calculated
- $0
- Hours/week
- 1
-
Bill Bolstad
Member
- Total calculated
- $0
- Hours/week
- 1
-
Ivan Diaz-Campos
Member
- Total calculated
- $0
- Hours/week
- 1
-
Alassane Diouf
Member
- Total calculated
- $0
- Hours/week
- 1
-
Miriam Espaillat
Member
- Total calculated
- $0
- Hours/week
- 1
-
LaShonda Hart
Member
- Total calculated
- $0
- Hours/week
- 1
-
Courtney Lundquist
Member
- Total calculated
- $0
- Hours/week
- 1
-
Tashika McKnight
Member
- Total calculated
- $0
- Hours/week
- 1
-
Christine Metheney
Member
- Total calculated
- $0
- Hours/week
- 1
-
Kenn Shrader
Member
- Total calculated
- $0
- Hours/week
- 1
-
Tara Peele
President & CEO
- Total calculated
- $169,347
- From this org
- $152,234
- From related orgs
- $0
- Other
- $17,113
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $152,234
- Bonus
- $0
- Other
- $0
- Deferred
- $4,693
- Nontaxable benefits
- $12,420
- Filer's total
- $169,347
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
Answered yes
- 3 · Form 990 of other organizations
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
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
- 20 September 2024
- IRS schema version
- 2023v5.1
- Source object
- 202422649349300417
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