Hello Housing
- Assets
- $1.1m
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 7
- Location
- San Anselmo, CA
- Founding
- 10/2004
- Data as of
- 12/2022
- EIN
- 14-1870357
Organization Overview
Hello Housing is located in San Anselmo, CA. The organization was established in 2004. According to its NTEE Classification (G12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 12/2022, Hello Housing employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hello Housing 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 12/2022, Hello Housing generated $1.8m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.7% each year . All expenses for the organization totaled $1.3m during the year ending 12/2022. While expenses have increased by 6.0% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ENGAGEMENT IN OR OTHERWISE SUPPORT HOUSING, PROGRAMS AND SERVICES THAT LESSEN THE BURDENS OF LOCAL, STATE AND FEDERAL GOVERNMENT, INCLUDING BUT LIMITED TO SUPPORTING UNDERSERVED COMMUNITIES, LOW-AND MODERATE INCOME PERSONS, DISABLED PERSONS AND/OR ELDERLY PERSONS AT RISK OF DISPLACEMENT AND IN NEED OF DECENT, SAFE AND AFFORDABLE HOUSING SOLUTIONS THAT PROMOTE STABILITY, CENTER EQUITY AND CULTIVATE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION LAUNCHED A NEW BUSINESS LINE "BRIGHT IN YOUR OWN BACKYARD" NOW TITLED "HELLOADU" IN SAN MATEO COUNTY IN 2020 TO PROVIDE TECHNICAL ASSISTANCE SUPPORT TO LOW-AND MODERATE-INCOME OWNERS WHO SEEK TO CREATE AN ACCESSORY DWELLING UNIT ON THEIR PROPERTIES AS AN ASSET BUILDING STRATEGY AND TO CREATE NEW AFFORDABLE RENTAL HOUSING IN THE FABRIC OF EXISTING NEIGHBORHOODS AS AN AFFORDABLE HOUSING CREATION STRATEGY. SINCE THE LAUNCH IN 2020, THE PROGRAM HAS EXPANDED TO ALAMEDA COUNTY, MARIN COUNTY AND SANTA CRUZ COUNTY, WORKING CLOSELY WITH JURISDICTION'S HOUSING DEPARTMENTS AND BUILDING PLANNING DEPARTMENTS AS WELL AS ELIGIBLE APPLICANTS WHO ARE SEEKING TECHNICAL ASSISTANCE SUPPORT. THE ORGANIZATION CONTINUES TO OPERATE A ROBUST DOWN PAYMENT ASSISTANCE PROGRAM FOR ALAMEDA COUNTY KNOWN AS AC BOOST WHICH IS FUNDED THROUGH THE COUNTY'S MEASURE A1 BOND. ADDITIONALLY, THE ORGANIZATION CONTINUES TO SUPPORT JURISDICTIONS IN THE ADMINISTRATION OF THEIR BELOW MARKET RATE PROGRAMS AND HOUSING PORTFOLIO'S.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Duffy President An | OfficerTrustee | 40 | $224,393 |
Rachel Ginis Sr Constr M | 40 | $119,630 | |
Lin Chin Secretary | OfficerTrustee | 0 | $0 |
Rick Jacobus Director | Trustee | 0 | $0 |
Mardie Oakes Board Chair | OfficerTrustee | 0 | $0 |
Violet Pearson Board Member | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $31,845 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $31,845 |
| Total Program Service Revenue | $1,803,012 |
| Investment income | $0 |
| 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 | $1,834,857 |
| 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. | $248,601 |
| Compensation of current officers, directors, key employees. | $31,421 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $709,438 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $67,967 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $198,931 |
| Advertising and promotion | $880 |
| Office expenses | $11,121 |
| Information technology | $43,063 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $6,339 |
| 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 | $26,950 |
| Insurance | $10,589 |
| All other expenses | $656 |
| Total functional expenses | $1,333,390 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $642,363 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $386,682 |
| 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 | $6,478 |
| Net Land, buildings, and equipment | $36,985 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,072,508 |
| Accounts payable and accrued expenses | $63,285 |
| Grants payable | $0 |
| Deferred revenue | $74,284 |
| 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 | $2,229 |
| Total liabilities | $139,798 |
| Net assets without donor restrictions | $932,710 |
| 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 | $1,072,508 |