Homes With Hope Inc
- Assets
- $5.2m
- Revenue
- $3.4m
- Investments
- $0.0
- Employees
- 40
- Location
- Westport, CT
- Founding
- 08/1984
- Data as of
- 12/2021
- EIN
- 22-2534326
Organization Overview
Homes With Hope Inc is located in Westport, CT. The organization was established in 1984. According to its NTEE Classification (L40) the organization is classified as: Temporary Housing, under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, Homes With Hope Inc employed 40 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Homes With Hope 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, Homes With Hope Inc generated $3.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $3.0m during the year ending 12/2021. While expenses have increased by 4.0% 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
PREVENTING AND ENDING HOMELESSNESS AND FOOD INSECURITY IN FAIRFIELD COUNTY
Describe the Organization's Program Activity:
Part 3 - Line 4a
EMERGENCY SHELTER FOR MEN AND WOMEN. LOCATED IN DOWNTOWN WESTPORT, PROVIDE CASE MANAGEMENT FOR GUESTS. A COMMUNITY KITCHEN AND FOOD PANTRY ARE ON-SITE TO SERVE SHELTER GUESTS AND OTHER COMMUNITY MEMBERS WHO ARE FOOD INSECURE.GILLESPIE CENTER EMERGENCY SHELTER AND FOOD PROGRAMS: HOMES WITH HOPE PROVIDES SAFE EMERGENCY SHELTER AND ESSENTIAL CASE MANAGEMENT SERVICES TO HOMELESS MEN AND WOMEN AT THE GILLESPIE CENTER, LOCATED IN THE HEART OF DOWNTOWN WESTPORT, CT. THE COMMUNITY KITCHEN AND FOOD PANTRY, LOCATED AT THE GILLESPIE CENTER, ARE AVAILABLE TO OUR CLIENTS AND NEIGHBORS IN NEED. BOTH ESSENTIAL FOOD PROGRAMS ARE SUPPORTED AND MAINTAINED BY THE GENEROSITY OF OUR DEDICATED COMMUNITY.
PERMANENT SUPPORTIVE HOUSING: HOMES WITH HOPE OVERSEES FIFTY-TWO SUPPORTIVE HOUSING UNITS IN WESTPORT AND NORWALK FOR INDIVIDUALS AND FAMILIES WHO HAVE EXPERIENCED CHRONIC HOMELESSNESS. CASE MANAGERS ASSIST RESIDENTS WITH THE TOOLS THEY NEED TO MAINTAIN HOUSING STABILITY AND INDEPENDENT LIVING.
RAPID RE-HOUSING: AN EVIDENCE-BASED APPROACH TO END HOMELESSNESS QUICKLY BY PROVIDING SHORT-TERM CASE MANAGEMENT SERVICES AND TARGETED FINANCIAL ASSISTANCE. BASED ON THE "HOUSING FIRST" MODEL, RRH CASE MANAGERS HELP CLIENTS FIND HOUSING AND THEN PROVIDE THEM WITH ANY ADDITIONAL SERVICES THEY MIGHT NEED. THIS INTERVENTION HAS LOW BARRIERS TO ENTRY, HIGH PLACEMENT RATES, AND LOW RATES OF RETURN TO SHELTER. THE RAPID RE-HOUSING PROGRAM ULTIMATELY HELPS OUR CLIENTS REACH THEIR GOAL OF STABLE HOUSING.
YOUTH AND YOUNG ADULT ACADEMIC AND MENTOR PROGRAMS: HOMES WITH HOPE PROGRAMS PROVIDE CONSISTENT STRUCTURE, POSITIVE ROLE MODELS, ACADEMIC SUPPORT, AND ENRICHMENT/COMMUNITY SERVICE ACTIVITIES TO HELP YOUNG PEOPLE DEVELOP THE SKILLS NEEDED TO SUCCEED AT SCHOOL AND IN THEIR PERSONAL LIVES. SHELTER DIVERSION: A STRATEGY THAT PREVENTS HOMELESSNESS BY HELPING PEOPLE IDENTIFY IMMEDIATE ALTERNATIVE HOUSING ARRANGEMENTS AND, IF NECESSARY, CONNECTING THEM WITH SERVICES AND FINANCIAL ASSISTANCE TO HELP THEM RETURN TO PERMANENT HOUSING. HOMES WITH HOPE'S STAFF MAKE EVERY EFFORT TO DIVERT CLIENTS TO OTHER HOUSING SOLUTIONS AT THEIR FIRST CONTACT WITH THE HOMELESSNESS RESPONSE SYSTEM.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Helen Mcalinden President/ceo | Officer | 40 | $143,483 |
Paris Looney Vice President/coo | Officer | 40 | $98,655 |
Jacqueline Hogan Comptroller | Officer | 35 | $68,000 |
John Walsh Chair | OfficerTrustee | 0.4 | $0 |
Bruce Hennemuth Treasurer | OfficerTrustee | 0.4 | $0 |
Jennifer Ferrante Vice Chair | OfficerTrustee | 0.4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $840,551 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,233,160 |
| Noncash contributions included in lines 1a–1f | $644,251 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,073,711 |
| Total Program Service Revenue | $363,139 |
| Investment income | $9,474 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,286 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,447,647 |
| 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. | $329,410 |
| Compensation of current officers, directors, key employees. | $88,662 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $823,266 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $134,140 |
| Payroll taxes | $101,015 |
| Fees for services: Management | $7,844 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $47,769 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,279 |
| Fees for services: Other | $109,602 |
| Advertising and promotion | $0 |
| Office expenses | $134,589 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $95,667 |
| Travel | $3,627 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $83,673 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $112,575 |
| Insurance | $51,360 |
| All other expenses | $695 |
| Total functional expenses | $3,022,796 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,505,665 |
| Savings and temporary cash investments | $8,067 |
| Pledges and grants receivable | $219,839 |
| Accounts receivable, net | $30,714 |
| 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 | $17,370 |
| Net Land, buildings, and equipment | $2,285,669 |
| Investments—publicly traded securities | $698,980 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $416,196 |
| Total assets | $5,182,500 |
| Accounts payable and accrued expenses | $121,106 |
| Grants payable | $0 |
| Deferred revenue | $58,005 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $1,752 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $2,306,996 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $12,887 |
| Total liabilities | $2,500,746 |
| Net assets without donor restrictions | $2,156,760 |
| Net assets with donor restrictions | $524,994 |
| 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 | $5,182,500 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Homes With Hope Inc has recieved totaling $15,000.
| Awarding Organization | Amount |
|---|---|
Thomas And Maria Wilcox Family Foundation Florham Park, NJ PURPOSE: GENERAL UNRESTRICTED | $15,000 |
Lamando Fam Foundation Tr Westport, CT PURPOSE: UNRESTRICTEDCHARITY | $0 |
Endowment Analysis
| Beg. Balance | $633,987 |
| Earnings | $76,175 |
| Admin Expense | $11,181 |
| Ending Balance | $698,981 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Heading Home Inc Boston, MA | $19,604,535 | $21,349,930 |
Mutual Housing Association Of South Central Connecticut Inc New Haven, CT | $47,838,595 | $8,401,880 |
Lcg Community Services Inc Brooklyn, NY | $2,005,849 | $5,179,376 |
St Marys Residence Of New York Inc New York, NY | $8,322,772 | $2,048,559 |
Kids In Crisis Inc Cos Cob, CT | $14,979,065 | $5,843,173 |
Mission E4 Inc Hubbardston, MA | $4,251,068 | $4,162,728 |
Homes With Hope Inc Westport, CT | $5,182,500 | $3,447,647 |
Felicity House Inc New York, NY | $4,733,154 | $4,501,074 |
456 West 129 Street Housing Corp New York, NY | $222,723 | $2,156,739 |
Mohawk Valley Community College Dormitory Corp Utica, NY | $11,430,493 | $1,921,749 |
Providence Ministries For The Needy Inc Holyoke, MA | $996,921 | $1,849,889 |
Bowdoin Manor Housing Inc Boston, MA | $8,217,374 | $1,802,793 |