Heading Home
- Assets
- $3.8m
- Revenue
- $7.7m
- Investments
- $0.0
- Employees
- 249
- Location
- Albuquerque, NM
- Founding
- 01/2005
- Data as of
- 06/2021
- EIN
- 20-1917517
Organization Overview
Heading Home is located in Albuquerque, NM. The organization was established in 2005. According to its NTEE Classification (L41) the organization is classified as: Homeless Shelters, under the broad grouping of Housing & Shelter and related organizations. As of 06/2021, Heading Home employed 249 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Heading Home 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, Heading Home generated $7.7m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 14.0% each year . All expenses for the organization totaled $7.6m during the year ending 06/2021. While expenses have increased by 14.2% 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
THE STATED PURPOSE OF HEADING HOME IS TO MAKE THE EXPERIENCE OF HOMELESSNESS RARE, SHORT-LIVED AND NONRECURRING. IT ACCOMPLISHES ITS MISSION THROUGH OPERATION OF SIX PROGRAMS THAT PROVIDE EMERGENCY HOUSING, TRANSITIONAL SERVICES AND PERMANENT HOUSING FOR HOMELESS POPULATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
2020-2021 WAS QUITE A YEAR FOR HEADING HOME. WHILE WE CONTINUED WORK TO ACHIEVE OUR VISION THAT EXPERIENCES OF HOMELESSNESS ARE RARE, SHORT-LIVED, AND NONRECURRING, WE DOUBLED DOWN IN RESPONSE TO THE COVID-19 PANDEMIC. OUR SHELTER SERVICES FOR FAMILIES, WOMEN, AND MEN EXPANDED FROM TWO LOCATIONS TO FIVE. ADDITIONALLY, THROUGH COMMUNITY COLLABORATION TO KEEP SAFE THOSE MOST AT-RISK, WE PROVIDED SUPPORT STAFF AT TWO COVID-ISOLATION HOTELS FOR PEOPLE EXPERIENCING HOMELESSNESS. WE INCREASED PRIORITIZED OUTREACH TO HIGH UTILIZERS OF EMERGENCY SYSTEMS LIVING ON THE STREETS THROUGH A COLLABORATION WITH UNM HOSPITAL. AND, THROUGHOUT IT ALL, HOUSING REMAINED OUR FOCUS AND WE CONTINUED TO HOUSE AND SUPPORT PEOPLE IN HOUSING. ALL TOTALED, STAFF WORKED OVER 10,000 HOURS OF OVERTIME DURING THE ONSET OF THE PANDEMIC TO ENSURE THAT PEOPLE WERE STILL ABLE TO RECEIVE THE HELP THAT WE CAN OFFER
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dennis Plummer Former CEO | Officer | 40 | $109,089 |
Joe Olson Chair | OfficerTrustee | 2 | $0 |
Stephen Montoya Treasurer | OfficerTrustee | 2 | $0 |
Michael Bowen Secretary | OfficerTrustee | 2 | $0 |
Stella Chan Vice-Chair | OfficerTrustee | 2 | $0 |
Scott Cameron Director-At | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $6,217,106 |
| All other contributions, gifts, grants, and similar amounts not included above | $451,624 |
| Noncash contributions included in lines 1a–1f | $93,332 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,668,730 |
| Total Program Service Revenue | $991,314 |
| Investment income | $217 |
| 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 | $7,660,261 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $408,540 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $133,827 |
| Compensation of current officers, directors, key employees. | $18,320 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,513,073 |
| Pension plan accruals and contributions | $17,496 |
| Other employee benefits | $356,765 |
| Payroll taxes | $273,167 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $24,184 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $428,197 |
| Advertising and promotion | $71 |
| Office expenses | $467,626 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $284,041 |
| Travel | $47,274 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $10,801 |
| Interest | $2,654 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $126,525 |
| Insurance | $54,565 |
| All other expenses | $90,589 |
| Total functional expenses | $7,636,181 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $33,153 |
| Savings and temporary cash investments | $42,495 |
| Pledges and grants receivable | $1,406,503 |
| 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 | $36,858 |
| Net Land, buildings, and equipment | $2,308,177 |
| Investments—publicly traded securities | $12,540 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,839,726 |
| Accounts payable and accrued expenses | $577,202 |
| 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 | $137,479 |
| Unsecured mortgages and notes payable | $50,000 |
| Other liabilities | $0 |
| Total liabilities | $764,681 |
| Net assets without donor restrictions | $1,405,862 |
| Net assets with donor restrictions | $1,669,183 |
| 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 | $3,839,726 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Heading Home has recieved totaling $15,500.
| Awarding Organization | Amount |
|---|---|
Presbyterian Healthcare Services Albuquerque, NM PURPOSE: GENERAL SUPPORT | $15,500 |
Endowment Analysis
| Beg. Balance | $12,540 |
| Ending Balance | $12,540 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Central Arizona Shelter Services Inc Phoenix, AZ | $14,727,580 | $22,356,024 |
Presbyterian Night Shelter Of Tarrant County Fort Worth, TX | $53,230,417 | $14,049,509 |
Colorado Coalition For The Homeless Denver, CO | $65,660,394 | $9,142,101 |
Urban Peak Denver Denver, CO | $9,375,993 | $9,048,471 |
Heading Home Albuquerque, NM | $3,839,726 | $7,660,261 |
Family Gateway Inc Dallas, TX | $4,760,688 | $5,756,628 |
Promise House Inc Dallas, TX | $2,582,966 | $6,657,110 |
Tulsa Day Center Inc Tulsa, OK | $24,852,290 | $5,725,304 |
Flagstaff Shelter Services Inc Flagstaff, AZ | $1,701,488 | $5,114,461 |
Homeless Alliance Oklahoma City, OK | $7,046,027 | $5,204,713 |
The Gathering Place A Refuge For Rebuilding Lives Denver, CO | $8,829,879 | $4,629,535 |
Boulder Shelter For The Homeless Inc Boulder, CO | $6,840,798 | $4,485,588 |