The Road Home Dane County
- Assets
- $9.2m
- Revenue
- $2.9m
- Investments
- $0.0
- Employees
- 37
- Location
- Madison, WI
- Founding
- 04/1999
- Data as of
- 12/2023
- EIN
- 31-1618925
Organization Overview
The Road Home Dane County is located in Madison, WI. The organization was established in 1999. According to its NTEE Classification (P85) the organization is classified as: Homeless Centers, under the broad grouping of Human Services and related organizations. As of 12/2023, Road Home Dane County employed 37 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Road Home Dane 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 12/2023, Road Home Dane County generated $2.9m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.0% each year. All expenses for the organization totaled $3.0m during the year ending 12/2023. While expenses have increased by 7.9% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ROAD HOME DANE COUNTY PROVIDES OPPORTUNITIES FOR HOMELESS CHILDREN AND THEIR FAMILIES TO ACHIEVE SELF-DETERMINED GOALS AND AFFORDABLE, STABLE HOUSING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOUSING & HOPE - PROVIDES VERY AFFORDABLE APARTMENTS OWNED BY THE ROAD HOME WITH FULL TIME ON-SITE CASE MANAGEMENT; PROPERTIES MANAGED BY MERIDIAN GROUP.
MVP - THE MAINSTREAM VOUCHER PROGRAM IS ADMINISTERED BY THE CITY OF MADISON COMMUNITY DEVELOPMENT AUTHORITY AND DANE COUNTY HOUSING AUTHORITY. THE ROAD HOME PARTNERS WITH BOTH AGENCIES TO PROVIDE SUPPORT SERVICES FOR OVER 50 FAMILIES WITH SECTION 8 MAINSTREAM VOUCHERS, ALLOWING THEM TO PAY 30% OF THEIR INCOME FOR RENT. EACH HOUSING AUTHORITY HAS DIFFERENT ELIGIBILITY CRITERIA BUT IN BOTH PARTNERSHIPS, THE HOUSEHOLD NEEDS TO INCLUDE A HEAD OF HOUSEHOLD BETWEEN 18-61 YEARS OLD WITH A DISABILITY.
BUILDING FUTURES (FORMERLY KNOWN AS SECOND CHANCE APARTMENT PROJECT)-CREATES SUPPORTED HOUSING FOR YOUNG FAMILIES THROUGH COLLABORATION WITH THE YWCA MADISON AND RISE WISCONSIN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barbara Tormaschy President | OfficerTrustee | 1 | $0 |
Jeff Swalve Vice President | OfficerTrustee | 1 | $0 |
Joia Wodarczyk Secretary | OfficerTrustee | 1 | $0 |
Steve Kelley Treasurer | OfficerTrustee | 1 | $0 |
Gabe Doyle Director | Trustee | 1 | $0 |
Nyra Jordan Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $441,139 |
| Membership dues | $0 |
| Fundraising events | $301,869 |
| Related organizations | $0 |
| Government grants | $574,487 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,392,868 |
| Noncash contributions included in lines 1a–1f | $3,906 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,710,363 |
| Total Program Service Revenue | $83,725 |
| Investment income | $113,802 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $13,673 |
| Net Income from Fundraising Events | -$20,411 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,902,449 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $362,122 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $124,692 |
| Compensation of current officers, directors, key employees. | $37,408 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,349,045 |
| Pension plan accruals and contributions | $39,739 |
| Other employee benefits | $260,902 |
| Payroll taxes | $116,326 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $14,647 |
| Fees for services: Accounting | $65,825 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $20,297 |
| Fees for services: Other | $116,510 |
| Advertising and promotion | $0 |
| Office expenses | $47,103 |
| Information technology | $20,454 |
| Royalties | $0 |
| Occupancy | $170,934 |
| Travel | $18,347 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $11,176 |
| Interest | $17,094 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $153,432 |
| Insurance | $36,363 |
| All other expenses | $0 |
| Total functional expenses | $3,015,270 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $264,290 |
| Savings and temporary cash investments | $1,504,795 |
| Pledges and grants receivable | $1,101,482 |
| Accounts receivable, net | $15,792 |
| 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 | $46,362 |
| Net Land, buildings, and equipment | $2,995,393 |
| Investments—publicly traded securities | $3,233,412 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $9,161,526 |
| Accounts payable and accrued expenses | $160,865 |
| 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 | $918,643 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $31,810 |
| Total liabilities | $1,111,318 |
| Net assets without donor restrictions | $6,966,618 |
| Net assets with donor restrictions | $1,083,590 |
| 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 | $9,161,526 |
Grants Awarded
Over the last fiscal year, The Road Home Dane County has awarded $38,595 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
YWCA MADISON INC PURPOSE: SECOND CHANCE APARTMENT PROJECT TENANT MANAGER POSITION | $18,635 |
SANKOFA BEHAVIORAL AND COMMUNITY HEALTH INC PURPOSE: GENERAL SUPPORT | $19,960 |