The Housing Collective Inc is located in Bridgeport, CT. The organization was established in 2007. According to its NTEE Classification (I21) the organization is classified as: Youth Violence Prevention, under the broad grouping of Crime & Legal-Related and related organizations. As of 12/2021, Housing Collective Inc employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Housing Collective 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 12/2021, Housing Collective Inc generated $6.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 31.8% each year . All expenses for the organization totaled $6.0m during the year ending 12/2021. While expenses have increased by 30.2% 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
PROVIDING THE INFRASTRUCTURE AND TALENT NECESSARY TO FILL THE GAP BETWEEN NEEDS AND RESOURCES AND SUPPORT STATE- AND COUNTRY-WIDE EFFORTS TO ADDRESS THE NEEDS OF THE HOMELESS POPULATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CORPORATION IS THE REGIONAL ADMINISTRATOR FOR THE CONNECTICUT RAPID RE-HOUSING PROGRAM ("CTRRP"), A STATE-WIDE INITIATIVE FUNDED BY THE CONNECTICUT DEPARTMENT OF HOUSING. CTRRP IS DESIGNED TO ASSIST HOMELESS HOUSEHOLDS AS THEY QUICKLY MOVE OUT OF HOMELESSNESS AND INTO PERMANENT HOUSING THROUGH THE PROVISION OF TIME-LIMITED HOUSING SUPPORTS AND STRATEGIES WITH THE ULTIMATE GOAL OF HOUSING STABILITY. CONTRACTING WITH THE FOLLOWING REGIONAL PROVIDERS: OPERATION HOPE (GREATER BRIDGEPORT AREA), HOMES WITH HOPE (GREATER NORWALK AREA), INSPIRICA (GREATER STAMFORD AREA) AND THE ASSOCIATION OF RELIGIOUS COMMUNITIES; THE CORPORATION ENSURES THAT RAPID REHOUSING SERVICES ARE SEAMLESSLY IMPLEMENTED TO ENSURE REGIONAL COVERAGE THROUGHOUT THE COORDINATED ACCESS NETWORK AREA.
THE CORPORATION ALSO SERVES AS THE REGIONAL ADMINISTRATOR FOR FAIRFIELD COUNTY'S COORDINATED ACCESS NETWORK THAT IS FUNDED FROM THE CONNECTICUT DEPARTMENT OF HOUSING. THIS FUNDING ALSO INCLUDES AWARDS FROM THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD). ADDITIONALLY, THE CORPORATION IS A SUBCONTRACTOR OF THE CONNECTICUT COALITION TO END HOMELESSNESS ("CCEH") TO SERVE AS A FIDUCIARY AGENT FOR THE FAIRFIELD COUNTY COORDINATED ACCESS NETWORK FOR COORDINATED ACCESS SUPPORT. CCEH RECEIVES THIS FUNDING FROM THE COMMUNITY INVESTMENT ACT.
THE CORPORATION IS THE REGIONAL ADMINISTRATOR FOR THE TOWN OF WESTPORT'S SMALL CITIES COMMUNITY DEVELOPMENT BLOCK GRANT (CDBG) PROGRAM FUNDED BY THE CT DEPARTMENT OF HOUSING THROUGH THE STATE'S ALLOCATION OF HUD FUNDING. THIS PROGRAM PROVIDES A COMPREHENSIVE REGIONAL INFRASTRUCTURE OF DIVERSION SPECIALISTS WHO EMPLOY STRATEGIES TO PREVENT HOMELESSNESS AT THE FRONT DOOR OF THE HOMELESS RESPONSE SYSTEM BY HELPING PEOPLE IDENTIFY IMMEDIATE ALTERNATIVE HOUSING ARRANGEMENTS AND, IF NECESSARY, CONNECT THEM WITH SERVICES AND FINANCIAL ASSISTANCE TO HELP THEM RETURN TO PERMANENT HOUSING.
THE CORPORATION SUPPORTS OPENING DOORS FAIRFIELD COUNTY, THE REGIONAL HUD DESIGNATED CONTINUUM OF CARE SYSTEM THROUGH FUNDING BY HUD'S CONTINUUM OF CARE HOMELESS ASSISTANCE PROGRAM. ACTIVITIES INCLUDE DESIGNING AND CARRYING OUT A COLLABORTIVE PROCESS FOR THE DEVELOPMENT OF AN APPLICATION TO HUD; EVALUATING THE OUTCOMES OF PROJECTS FOR WHICH FUNDS ARE AWARDED; AND DEVELOPING A REGIONWIDE PROCESS INVOLVING THE COORDINATION OF MULTIPLE STAKEHOLDERS FOR ENDING HOMELESSNESS.THE CORPORATION PROMOTES CROSS SECTOR COLLABORATION BETWEEN THE REGION'S WORKFORCE DEVELOPMENT BOARD ("THE WORKPLACE INC.") AND THE AREA'S PROMINENT HOMELESS PROVIDERS THAT INCLUDE ALPHA COMMUNITY SERVICES/CCCYMCA AND NEW REACH, NEW HAVEN. THE GOAL OF SUPPORTIVE SERVICES FOR VETERAN FAMILIES ("SSVF") IS TO HELP VETERAN FAMILIES WHO ARE HOMELESS OR AT RISK OF HOMELESSNESS, QUICKLY REGAIN STABILITY IN PERMANENT HOUSING. IDENTIFYING HOUSING OPPORTUNITIES AND PROVIDING TECHNICAL ASSISTANCE, THE CORPORATION ENSURES SUCCESSFUL IMPLEMENTATION OF THIS EMPLOYMENT/HOUSING MODEL.THE CORPORATION IS A SUBCONTRACTOR OF OPERATION HOPE WHO RECEIVES FUNDING FROM THE CONNECTICUT DEPARTMENT OF MENTAL HEALTH & ADDICTION SERVICES TO OPERATE THE BRIDGEPORT HOUSING FIRST ("BHF") PROGRAM, A SUCCESSFUL LOCALLY DESIGNED MULTI-AGENCY INITIATIVE THAT WAS ORIGINALLY FUNDED UNDER A THREE-YEAR FEDERAL GRANT. UNDER THE BHF PROGRAM, THE CORPORATION FUNDS A TEAM LEADER AND PROVIDES LEADERSHIP AND PROGRAMMING SUPPORT TO OVERSEE THE OPERATION OF HOUSING CHRONICALLY HOMELESS HOUSEHOLDS IN THE GREATER BRIDGEPORT AREA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
David Rich Executive Director | Officer | 40 | $131,069 |
Corky Stewart Member | Trustee | 1 | $0 |
Jeff Wieser Chair | Trustee | 1 | $0 |
Rafael Pagan Jr Treasurer | Trustee | 1 | $0 |
Stuart Lane Member | Trustee | 1 | $0 |
Ross Burkhardt Member | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Pacific House Consulting | 12/30/21 | $403,127 |
Operation Hope Consulting | 12/30/21 | $248,579 |
Alpha Community Services Ymca Consulting | 12/30/21 | $381,448 |
Catholic Charities Of Fairfield County Consulting | 12/30/21 | $240,565 |
Homes With Hope Consulting | 12/30/21 | $219,362 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $5,650,861 |
All other contributions, gifts, grants, and similar amounts not included above | $459,354 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $6,110,215 |
Total Program Service Revenue | $44,497 |
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 | $6,154,712 |
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 | $980,456 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $174,691 |
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 | $241,654 |
Advertising and promotion | $86,250 |
Office expenses | $20,141 |
Information technology | $29,910 |
Royalties | $0 |
Occupancy | $68,638 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $4,593 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $25,479 |
Insurance | $6,745 |
All other expenses | $101,946 |
Total functional expenses | $6,006,034 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $563,868 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $3,257,761 |
Accounts receivable, net | $184,841 |
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 | $27,395 |
Net Land, buildings, and equipment | $27,395 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $4,061,260 |
Accounts payable and accrued expenses | $1,808,127 |
Grants payable | $0 |
Deferred revenue | $1,910,516 |
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 | $4,894 |
Total liabilities | $3,723,537 |
Net assets without donor restrictions | $332,169 |
Net assets with donor restrictions | $5,554 |
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 | $4,061,260 |
Over the last fiscal year, we have identified 5 grants that The Housing Collective Inc has recieved totaling $334,000.
Awarding Organization | Amount |
---|---|
Fairfield Countys Community Foundation Inc Norwalk, CT PURPOSE: FOR GENERAL SUPPORT. | $189,000 |
Foundation For Community Health Inc Sharon, CT PURPOSE: Litchfield Co.Center for housing op | $95,000 |
Apple Pickers Foundation Wilmington, DE PURPOSE: FCCHO HOUSING DATA PROJECT | $25,000 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $15,000 |
The Berkshire Taconic Community Foundation Inc Sheffield, MA PURPOSE: GENERAL SUPPORT | $10,000 |
Organization Name | Assets | Revenue |
---|---|---|
Cattaraugus Community Action Inc Salamanca, NY | $8,199,277 | $10,722,581 |
The Housing Collective Inc Bridgeport, CT | $4,061,260 | $6,154,712 |
The Ministry For Hope Inc Port Jefferson, NY | $5,734,088 | $7,131,985 |
March For Our Lives Action Fund New York, NY | $1,444,399 | $4,094,155 |
Life Camps Incorporated Jamaica, NY | $3,184,482 | $4,732,245 |
Roxbury Youthworks Inc Roxbury Crossing, MA | $2,179,709 | $3,751,446 |
Friends Of The Children New York New York, NY | $2,429,831 | $2,523,060 |
Girls For Gender Equity Inc-G G E Brooklyn, NY | $6,700,726 | $3,745,418 |
Community Connections For Youth Inc Bronx, NY | $1,526,442 | $1,635,131 |
Council Of Juvenile Justice Administrators Inc Hingham, MA | $759,447 | $2,101,848 |
Rockaway Development & Revitalization Corp Far Rockaway, NY | $2,234,678 | $1,726,927 |
School Settlement Association Inc Brooklyn, NY | $1,244,390 | $1,662,712 |