Housing Transitions Inc
- Assets
- $735.8k
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 20
- Location
- State College, PA
- Founding
- 11/1984
- Data as of
- 06/2022
- EIN
- 25-1472779
Organization Overview
Housing Transitions Inc is located in State College, PA. The organization was established in 1984. 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 06/2022, Housing Transitions Inc employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Housing Transitions 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 06/2022, Housing Transitions Inc generated $1.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.9% each year. All expenses for the organization totaled $1.3m during the year ending 06/2022. While expenses have increased by 7.5% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
HTI PROVIDES TEMPORARY & EMERGENCY SHELTER & VARIOUS SUPPORT SERVICES TO HOMELESS PERSONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ASSISTS FAMILIES AND INDIVIDUALS WHO ARE HOMELESS OR NEAR-HOMELESS TO ACHIEVE A MORE INDEPENDENT LIFESTYLE BY PROVIDING AN ARRAY OF EFFECTIVE SERVICES AND HOUSING ALTERNATIVES. THE ORGANIZATION PROVIDES TEMPORARY AND EMERGENCY SHELTER TO THE HOMELESS OR NEAR-HOMELESS AND OFFERS OTHER SUPPORT SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Morgan Wasikonis Executive Director | Officer | 40 | $62,127 |
Todd Ciancarelli President | OfficerTrustee | 2 | $0 |
Dawn Sauer Vice President | OfficerTrustee | 2 | $0 |
Carrie Jackson Secretary | OfficerTrustee | 2 | $0 |
Donna Holmes Treasurer | OfficerTrustee | 2 | $0 |
Amanda Dipolvere Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $61,000 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $987,919 |
| All other contributions, gifts, grants, and similar amounts not included above | $266,490 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,315,409 |
| Total Program Service Revenue | $39,569 |
| Investment income | $8,108 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$7,855 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,367,551 |
| 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. | $64,236 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $489,396 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $62,382 |
| Payroll taxes | $47,691 |
| 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 | $10 |
| Fees for services: Other | $10,340 |
| Advertising and promotion | $0 |
| Office expenses | $35,467 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $71,924 |
| Travel | $2,546 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,195 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $21,064 |
| Insurance | $0 |
| All other expenses | $2,304 |
| Total functional expenses | $1,302,398 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $348,687 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $71,756 |
| 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 | $164,701 |
| Investments—publicly traded securities | $150,646 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $735,790 |
| Accounts payable and accrued expenses | $28,441 |
| Grants payable | $0 |
| Deferred revenue | $55,308 |
| 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 | $57,151 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $140,900 |
| Net assets without donor restrictions | $594,890 |
| 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 | $735,790 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Housing Transitions Inc has recieved totaling $117,738.
| Awarding Organization | Amount |
|---|---|
Centre County United Way State College, PA PURPOSE: TO SUPPORT FINANCIAL STABILITY - RELATED MISSION | $61,000 |
Centre County Community Foundation Inc State College, PA PURPOSE: GENERAL SUPPORT | $46,675 |
Ferguson Foundation Inc State College, PA PURPOSE: ASSIST FAMILIES AND INDIVIDUALS ACHIEVE A MORE INDEPENDENT LIFESTYLE | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $63 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ali Forney Center New York, NY | $7,623,264 | $19,818,161 |
Jericho Project New York, NY | $18,950,420 | $17,611,803 |
Lifting Up Westchester Inc White Plains, NY | $11,378,064 | $11,870,807 |
Shelterhouse Volunteer Group Cincinnati, OH | $26,369,739 | $9,497,245 |
Faith Mission Inc Worthington, OH | $14,023,836 | $10,130,756 |
Sheltered Inc Springfield, OH | $1,726,715 | $7,968,914 |
St Christophers Inn Inc Garrison, NY | $7,329,399 | $7,259,618 |
Bethany House Services Inc Cincinnati, OH | $21,282,527 | $10,582,813 |
Rescue Mission Of Utica Inc Utica, NY | $9,177,377 | $6,677,348 |
Family Promise Inc Summit, NJ | $7,678,924 | $6,508,376 |
York Union Rescue Mission Inc York, PA | $4,203,301 | $6,244,380 |
Opportunity House Reading, PA | $5,953,825 | $7,820,343 |