Housing Resource Center Of Monterey County
- Assets
- $933.3k
- Revenue
- $4.7m
- Investments
- $0.0
- Employees
- 16
- Location
- Salinas, CA
- Founding
- 07/2004
- Data as of
- 12/2021
- EIN
- 20-0125143
Organization Overview
Housing Resource Center Of Monterey County is located in Salinas, CA. The organization was established in 2004. According to its NTEE Classification (L80) the organization is classified as: Housing Support, under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, Housing Resource Center Of Monterey County employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Housing Resource Center Of Monterey County 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 12/2021, Housing Resource Center Of Monterey County generated $4.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.1% each year. All expenses for the organization totaled $4.3m during the year ending 12/2021. While expenses have increased by 6.5% 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
THE MISSION OF THE HOUSING RESOURCE CENTER OF MONTEREY COUNTY (HRC) IS TO PROVIDE A CONTINUUM OF RESOURCES FROM HOMELESS PREVENTION TO HOME OWNERSHIP TO ENABLE HOUSEHOLDS TO ACCESS AFFORDABLE HOUSING OPPORTUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOMELESS PREVENTION PROGRAMS TO ASSIST LOW AND VERY LOW INCOME HOUSEHOLDS TO OBTAIN AND MAINTAIN PERMANENT HOUSING. PRE-PURCHASE WORKSHOPS, FINANCIAL LITERACY, AND VETERANS SUPPORT SERVICES ARE PROVIDED TO MONTEREY COUNTY AND OTHER SURROUNDING AREA RESIDENTS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathy Anderson Vice Chair | OfficerTrustee | 1 | $0 |
Lisa Berkley Board Chair | OfficerTrustee | 2 | $0 |
Kellie Morgantini Secretary | OfficerTrustee | 1 | $0 |
Joe Servi Treasurer | OfficerTrustee | 1 | $0 |
Jim Andrews Board Member | Trustee | 1 | $0 |
Esther Malkin Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $90,468 |
| All other contributions, gifts, grants, and similar amounts not included above | $425,255 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $515,723 |
| Total Program Service Revenue | $4,160,155 |
| 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 | $4,680,244 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $757,669 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $147,221 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $46,212 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $105,253 |
| Travel | $14,079 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $219 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,420 |
| Insurance | $13,495 |
| All other expenses | $10,600 |
| Total functional expenses | $4,345,886 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $709,933 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $211,724 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $5,599 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,013 |
| Total assets | $933,269 |
| Accounts payable and accrued expenses | $39,190 |
| Grants payable | $0 |
| Deferred revenue | $428,942 |
| 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 | $468,132 |
| Net assets without donor restrictions | $352,137 |
| Net assets with donor restrictions | $113,000 |
| 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 | $933,269 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Housing Resource Center Of Monterey County has recieved totaling $238,015.
| Awarding Organization | Amount |
|---|---|
David And Lucile Packard Foundation Los Altos, CA PURPOSE: LOCAL GRANTMAKING | $100,000 |
Sunlight Giving Palo Alto, CA PURPOSE: GENERAL SUPPORT | $40,000 |
Sunlight Giving Palo Alto, CA PURPOSE: GENERAL SUPPORT, COVID-19 RAPID RESPONSE FUNDING | $35,000 |
David And Lucile Packard Foundation Los Altos, CA PURPOSE: ORGANIZATIONAL EFFECTIVENESS | $23,000 |
Sunlight Giving Palo Alto, CA PURPOSE: GENERAL SUPPORT, COVID-19 RAPID RESPONSE FUNDING | $20,000 |
Sunlight Giving Palo Alto, CA PURPOSE: GENERAL SUPPORT, COVID-19 RAPID RESPONSE FUNDING | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Charles Apartments Housing Corporation Hayward, CA | $0 | $319,066 |
Satellite Affordable Housing Associates Berkeley, CA | $83,294,736 | $13,591,508 |
Rhf Foundation Long Beach, CA | $215,917,223 | $14,903,975 |
Sheltercare Eugene, OR | $4,357,138 | $9,135,740 |
Midpen Resident Services Corporation Foster City, CA | $3,702,334 | $11,407,168 |
Bridge Property Management Company San Francisco, CA | $1,233,636 | $9,360,308 |
Burbank Housing Corporation Burbank, CA | $47,643,861 | $6,370,585 |
Habitat For Humanity San Fernando/Santa Clarita Valleys Woodland Hills, CA | $1 | $4,168,206 |
Do Good Multnomah Portland, OR | $6,858,210 | $9,987,432 |
Satellite Aha Development Inc Berkeley, CA | $17,466,494 | $5,909,155 |
Housing Trust Silicon Valley San Jose, CA | $250,989,111 | $21,448,557 |
Western Community Housing Inc Costa Mesa, CA | $106,078,970 | $11,023,596 |