Somerville Homeless Coalition Incorporated
- Assets
- $5.3m
- Revenue
- $7.2m
- Investments
- $0.0
- Employees
- 43
- Location
- Somerville, MA
- Founding
- 10/1987
- Data as of
- 06/2023
- EIN
- 04-2897447
Organization Overview
Somerville Homeless Coalition Incorporated is located in Somerville, MA. The organization was established in 1987. According to its NTEE Classification (P85) the organization is classified as: Homeless Centers, under the broad grouping of Human Services and related organizations. As of 06/2023, Somerville Homeless Coalition Incorporated employed 43 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Somerville Homeless Coalition Incorporated is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Somerville Homeless Coalition Incorporated generated $7.2m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.9% each year . All expenses for the organization totaled $6.5m during the year ending 06/2023. While expenses have increased by 8.8% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE HOMELESS AND NEAR HOMELESS INDIVIDUALS AND FAMILIES WITH INDIVIDUALIZED SUPPORTIVE SERVICES
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOUSING SERVICES: THE ORGANIZATION DIRECTLY SUBLEASES APPROXIMATELY 55 SCATTERED-SITE APARTMENTS THROUGHOUT THE COMMUNITY TO FORMERLY HOMELESS AND DISABLED INDIVIDUALS AND FAMILIES. FACILITATE FURNITURE AND FURNISHINGS, UTILITY ASSISTANCE AND THE PROVISION OF ONGOING HOME-BASED TENANCY STABILIZATION SERVICES TO ENSURE LONG-TERM SUCCESSFUL HOUSING OUTCOMES.COORDINATED ENTRY AND STREET OUTREACH: PROVIDED STREET OUTREACH TRAVELS THROUGHOUT THE LOCAL COMMUNITY IDENTIFYING AND ENGAGING WITH THOSE LIVING AND SLEEPING OUTSIDE. OUTREACH PROVIDES FOOD, WATER, CLOTHING,TRANSPORTATION, OTHER BASIC SURVIVAL NECESSITIES AND CONNECTIONS TO SHELTERS. THE COORDINATED ENTRY TEAM PROVIDES CASE MANAGEMENT, COMPREHENSIVE HOUSING SEARCH SUPPORT AND FACILITATES CONNECTIONS TO SPECIALIZED HOUSING PLACEMENTS DESIGNED TO MEET THE COMPLEX AND UNIQUE NEEDS OF THOSE HOMELESS AND DISABLED.
HOMELESSNESS PREVENTION: THE ORGANIZATION ENSURED IMMINENTLY AT-RISK FAMILIES DID NOT LOSE HOUSING AND FALL INTO HOMELESSNESS THROUGH THE PROVISION OF EVICTION PREVENTION MEASURES, SUCH AS PROVIDING FINANCIAL ASSISTANCE FOR TENANT RENTAL AND UTILITY ARREARS.
PROJECT SOUP: OPERATES AN EMERGENCY FOOD SERVICE PROGRAM FOR THE LOCAL COMMUNITY. SERVICES INCLUDE FOOD PANTRY MARKETPLACE OPEN 6 DAYS PER WEEK; HOME DELIVERY OF GROCERIES FOR THEELDERLY AND DISABLED; COMMUNITY MEALS SERVED EVERY MONDAY AND WEDNESDAY; AND CASEMANAGEMENT, INCLUDING ENROLLMENT SUPPORT FOR PUBLIC BENEFITS, SUCH AS SNAP (FOODSTAMPS).
THE ADULT SHELTER OPENED IN 1986 AND OPERATES A SIXTEEN (16) BED ADULT EMERGENCYHOMELESS SHELTER OFFERING MEALS, HOUSING SEARCH, CASE MANAGEMENT AND OTHER BASICNECESSITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Serena Taylor President | OfficerTrustee | 2 | $0 |
Margaret Vasquez Vice President | OfficerTrustee | 2 | $0 |
Peter Butkus Treasurer | OfficerTrustee | 2 | $0 |
Tina Caruso Clerk | OfficerTrustee | 2 | $0 |
Jeff Bernstein Director | Trustee | 0.15 | $0 |
Sebastien C Gagnon Director | Trustee | 0.15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $4,923,798 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,915,054 |
| Noncash contributions included in lines 1a–1f | $458,415 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,838,852 |
| Total Program Service Revenue | $141,796 |
| Investment income | $31,430 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $147,327 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,160,568 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $151,055 |
| Compensation of current officers, directors, key employees. | $126,886 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,557,173 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $112,382 |
| Payroll taxes | $153,444 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $10,807 |
| Fees for services: Accounting | $130,286 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $232,720 |
| Advertising and promotion | $0 |
| Office expenses | $73,222 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,707,464 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,566 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,300 |
| Insurance | $42,043 |
| All other expenses | $0 |
| Total functional expenses | $6,452,399 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,806,498 |
| Savings and temporary cash investments | $1,017,800 |
| Pledges and grants receivable | $1,610,994 |
| Accounts receivable, net | $1,331 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $108,142 |
| Net Land, buildings, and equipment | $181,016 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $606,249 |
| Total assets | $5,332,030 |
| Accounts payable and accrued expenses | $1,013,672 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $405,183 |
| Total liabilities | $1,418,855 |
| Net assets without donor restrictions | $3,466,208 |
| Net assets with donor restrictions | $446,967 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $5,332,030 |