Somerville Homeless Coalition Incorporated
- Assets
- $2.7m
- Revenue
- $5.9m
- Investments
- $0.0
- Employees
- 47
- Location
- Somerville, MA
- Founding
- 10/1987
- Data as of
- 06/2021
- 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 06/2021, Somerville Homeless Coalition Incorporated employed 47 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 06/2021, Somerville Homeless Coalition Incorporated generated $5.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.4% each year. All expenses for the organization totaled $4.9m during the year ending 06/2021. While expenses have increased by 5.9% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE HOMELESS AND NEAR HOMELESS INDIVIDUALS AND FAMILIES WITH INDIVIDUALIZED SUPPORTIVE SERVICES AND TAILORED HOUSING SOLUTIONS WITH A GOAL OF OBTAINING AND MAINTAINING AFFORDABLE HOUSING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOUSING SERVICES: CASE MANAGEMENT; HOUSING SEARCH; PERMANENT SUPPORTIVE HOUSING; HOMELESS PREVENTION AND RE-HOUSING; RENTAL ASSISTANCE SUBSIDIES. DIRECTLY SUB-LEASED 52 SUBSIDIZED SCATTERED-SITE APARTMENTS TO FORMERLY HOMELESS AND DISABLED INDIVIDUALS AND FAMILIES. PROVIDED FURNITURE AND FURNISHINGS, UTILITY ASSISTANCE, AND PROVISION OF HOME-BASES STABILIZATION SERVICES TO A TOTAL OF 103 HOUSEHOLDS CONSISTING OF 147 PEOPLE. PROVIDED CASE MANAGEMENT AND HOUSING SEARCH BENEFITING 32 PEOPLE. PREVENTED 222 EVICTIONS HELPING 563 PEOPLE (INCLUDING CHILDREN) AVOID HOMELESSNESS.
ADULT SHELTER: OPERATED 16 BED ADULT EMERGENCY HOMELESS SHELTER; PROVIDED OVER 5,500 SHELTER BED NIGHTS; SHELTERED 30 INDIVIDUALS; 13 INDIVIDUALS MOVED INTO PERMANENT HOUSING.
FAMILY SHELTER: OPERATED 5 UNIT FAMILY EMERGENCY HOMELESS SHELTER; PROVIDED APPROXIMATELY 5,000 SHELTER BED NIGHTS; SHELTERED 13 FAMILIES CONSISTING OF 18 CHILDREN; 7 FAMILY HOUSEHOLDS MOVED INTO PERMANENT HOUSING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Libby Executive Director | Officer | 40 | $126,285 |
Serena Taylor President | OfficerTrustee | 2 | $0 |
George Drugas Vice President | OfficerTrustee | 2 | $0 |
Peter Butkus Treasurer | OfficerTrustee | 2 | $0 |
Tina Caruso Clerk | OfficerTrustee | 2 | $0 |
Sebastien C Gagnon Director | Trustee | 0.15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,675,016 |
| Investment income | $2,392 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $108,778 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,904,274 |
| Statement of Expenses | |
|---|---|
| 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. | $126,451 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,255,217 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $108,560 |
| Payroll taxes | $143,975 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $12,043 |
| Fees for services: Accounting | $104,080 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $116,134 |
| Advertising and promotion | $0 |
| Office expenses | $88,206 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,545,073 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $11,526 |
| Insurance | $34,344 |
| All other expenses | $0 |
| Total functional expenses | $4,920,360 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $638,788 |
| Savings and temporary cash investments | $527,206 |
| Pledges and grants receivable | $168,000 |
| Accounts receivable, net | $1,094,018 |
| 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 | $198,670 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $8,117 |
| Total assets | $2,665,813 |
| Accounts payable and accrued expenses | $290,649 |
| 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 | $0 |
| Total liabilities | $290,649 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $2,375,164 |
Grants Recieved
Over the last fiscal year, we have identified 33 grants that Somerville Homeless Coalition Incorporated has recieved totaling $402,013.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $89,338 |
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $62,341 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $55,450 |
The Timken Matthews Family Foundation Canton, OH PURPOSE: UNRESTRICTED GRANT 2021-2022 | $40,000 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $25,000 |
Joseph And Lucille Madri Family Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Massachusetts Housing And Shelter Alliance Inc Boston, MA | $14,798,705 | $19,380,328 |
Crossroads Rhode Island Providence, RI | $33,809,846 | $18,689,220 |
Saint Francis House Inc Boston, MA | $32,573,863 | $23,473,154 |
Emmaus Inc Haverhill, MA | $9,664,001 | $8,628,211 |
Housing Families Inc Malden, MA | $3,872,051 | $8,658,783 |
Broadway Housing Communities Inc New York, NY | $14,007,162 | $9,859,889 |
Connecticut Coalition To End Homelessness Inc Hartford, CT | $5,519,613 | $6,168,107 |
Polish Community Center Of Buffalo Inc Buffalo, NY | $10,138,351 | $5,590,948 |
Somerville Homeless Coalition Incorporated Somerville, MA | $2,665,813 | $5,904,274 |
Bronx Family Network Inc Yonkers, NY | $2,952,904 | $4,637,229 |
Homeless And Travelers Aid Society Albany, NY | $1,583,992 | $3,957,646 |
Interseminarian-Project Place Inc Boston, MA | $3,490,773 | $3,542,625 |