Housing Families Inc
- Assets
- $3.9m
- Revenue
- $8.7m
- Investments
- $0.0
- Employees
- 59
- Location
- Malden, MA
- Founding
- 03/1987
- Data as of
- 06/2021
- EIN
- 04-2925846
Organization Overview
Housing Families Inc is located in Malden, 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, Housing Families Inc employed 59 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Housing Families Inc 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, Housing Families Inc generated $8.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $8.1m during the year ending 06/2021. While expenses have increased by 2.9% per year over the past 6 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
TEMPORARY HOUSING AND SUPPORTIVE SERVICES FOR HOMELESS FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 35+ YEARS, HOUSING FAMILIES INC. (HFI) HAS PROVIDED COMPREHENSIVE WRAPAROUND SERVICES TO 8,000+ HOMELESS, FORMERLY HOMELESS AND AT-RISK FAMILIES. IN FISCAL YEAR 2021 HFI SERVED 450 INDIVIDUALS (IN 168 HOUSEHOLDS) IN EMERGENCY SHELTER AND 532 INDIVIDUALS (IN 175 HOUSEHOLDS) LIVING IN PERMANENT SUPPORTIVE HOUSING. HFI CURRENTLY HAS 120 SHELTER UNITS AND 86 UNITS OF PERMANENT SUPPORTIVE HOUSING. HFI'S HOMELESSNESS PREVENTION & LEGAL SERVICES PROGRAM SERVED 660 HOUSEHOLDS AND PREVENTED OVER 300 EVICTIONS. HFI'S GREAT YOUTH & FAMILIES PROGRAM (GYFP) SERVED 46 CHILDREN AND 84 PARENTS WITH ACADEMIC AND THERAPEUTIC SERVICES.
IN 35+ YEARS, HOUSING FAMILIES INC. (HFI) HAS PROVIDED COMPREHENSIVE WRAPAROUND SERVICES TO 8,000+ HOMELESS, FORMERLY HOMELESS AND AT-RISK FAMILIES. IN FISCAL YEAR 2021 HFI SERVED 450 INDIVIDUALS (IN 168 HOUSEHOLDS) IN EMERGENCY SHELTER AND 532 INDIVIDUALS (IN 175 HOUSEHOLDS) LIVING IN PERMANENT SUPPORTIVE HOUSING. HFI CURRENTLY HAS 120 SHELTER UNITS AND 86 UNITS OF PERMANENT SUPPORTIVE HOUSING. HFI'S HOMELESSNESS PREVENTION & LEGAL SERVICES PROGRAM SERVED 660 HOUSEHOLDS AND PREVENTED OVER 300 EVICTIONS. HFI'S GREAT YOUTH & FAMILIES PROGRAM (GYFP) SERVED 46 CHILDREN AND 84 PARENTS WITH ACADEMIC AND THERAPEUTIC SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laura Rosi CEO | Officer | 37.5 | $122,921 |
Tom Santry Property Director | 37.5 | $100,006 | |
David Barbato President | OfficerTrustee | 2 | $0 |
Ann Chen Wu MD MPH Vice President | OfficerTrustee | 1 | $0 |
Brian Slater Treasurer | OfficerTrustee | 1 | $0 |
Kristi Amendolare Clerk | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $7,465,894 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,063,445 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,529,339 |
| Total Program Service Revenue | $128,073 |
| Investment income | $1,371 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,658,783 |
| 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. | $151,173 |
| Compensation of current officers, directors, key employees. | $71,279 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,100,233 |
| Pension plan accruals and contributions | $30,265 |
| Other employee benefits | $171,530 |
| Payroll taxes | $187,299 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $33,949 |
| Fees for services: Accounting | $54,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $448,428 |
| Advertising and promotion | $0 |
| Office expenses | $219,002 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $3,361,521 |
| Travel | $9,802 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $424 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $27,198 |
| Insurance | $23,100 |
| All other expenses | $25,361 |
| Total functional expenses | $8,055,856 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $336,100 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,158,371 |
| 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 | $334,084 |
| Net Land, buildings, and equipment | $48,104 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $1,422,516 |
| Intangible assets | $0 |
| Other assets | $572,876 |
| Total assets | $3,872,051 |
| Accounts payable and accrued expenses | $367,038 |
| 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 | $49,450 |
| Total liabilities | $416,488 |
| Net assets without donor restrictions | $3,455,563 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,872,051 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Housing Families Inc has recieved totaling $21,000.
| Awarding Organization | Amount |
|---|---|
Linden Foundation Inc Boston, MA PURPOSE: GENERAL OPERATING/PROGRAM SUPPORT | $15,000 |
Melrose Cooperative Bank Foundation Melrose, MA PURPOSE: GENERAL OPERATINGSUPPORT | $6,000 |
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 |