Housing Forward
- Assets
- $19.2m
- Revenue
- $15.6m
- Investments
- $0.0
- Employees
- 149
- Location
- Maywood, IL
- Founding
- 05/1995
- Data as of
- 12/2023
- EIN
- 36-3876660
Organization Overview
Housing Forward is located in Maywood, IL. The organization was established in 1995. According to its NTEE Classification (L99) the organization is classified as: Housing & Shelter N.E.C., under the broad grouping of Housing & Shelter and related organizations. As of 12/2023, Housing Forward employed 149 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Housing Forward 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, Housing Forward generated $15.6m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 20.0% each year . All expenses for the organization totaled $15.7m during the year ending 12/2023. While expenses have increased by 20.1% per year over the past 9 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.
Since 2015, Housing Forward has awarded 75 individual grants totaling $7,472,134. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO TRANSITION PEOPLE FROM HOUSING CRISIS TO HOUSING STABILITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PERMANENT SUPPORTIVE HOUSING - IS AN INTERVENTION THAT COMBINES AFFORDABLE HOUSING ASSISTANCE WITH VOLUNTARY SUPPORTIVE SERVICES FOR INDIVIDUALS AND FAMILIES WHO HAVE EXPERIENCED HOMELESSNESS AND HAVE A DOCUMENTED DISABILITY. IN 2023, 210 HOUSEHOLDS WERE STABILIZED IN 210 SCATTERED-SITE APARTMENTS WITH 86,579 NIGHTS OF HOUSING. PROGRAM OUTCOMES - 91% REMAINED STABLY HOUSED FOR ONE YEAR; 30% INCREASED INCOME BETWEEN ENTRY AND EXIT.
RENTAL ASSISTANCE - THE AGENCY OPERATES THREE FEDERAL AND ONE STATE FUNDED RENTAL ASSISTANCE PROGRAMS. RAPID RE-HOUSING (FEDERAL) MINIMIZES THE TRAUMA OF HOMELESSNESS BY DIVERTING INDIVIDUALS AND FAMILIES FROM EMERGENCY SHELTER AND RE-HOUSING THEM AS QUICKLY AS POSSIBLE. CLIENTS ARE ASSESSED TO DETERMINE AMOUNT OF ASSISTANCE EVERY 3 MONTHS. RENTAL ASSISTANCE IS COUPLED WITH CASE MANAGEMENT AND WRAP-AROUND SERVICES TO ENSURE LONG-TERM HOUSING STABILITY. IN 2023, 47 PERSONS WERE STABILIZED WITH RENTAL ASSISTANCE AND CASE MANAGEMENT SERVICES. HOUSING FORWARD ALSO OPERATES THE RENTAL HOUSING SUPPORT PROGRAM (STATE) FOR INDIVIDUALS AT OR BELOW 30% OF AREA MEDIAN INCOME. IN 2023, 78 INDIVIDUALS WERE ASSISTED WITH RHSP.
INTERIM HOUSING - THIS PROGRAM PROVIDES SHORT-TERM (90 TO 120 DAYS) PRIVATE ACCOMMODATIONS FOR INDIVIDUALS AND FAMILIES EXPERIENCING HOMELESSNESS. THE PROGRAM HAS A TWO-PRONG FOCUS OF ASSISTING CLIENTS IN MAKING CONNECTIONS TO HOUSING RESOURCES AND ENDING THEIR HOMELESSNESS AS SOON AS POSSIBLE. PROVIDING HOUSING-ORIENTED WRAPAROUND SERVICES, CASE MANAGEMENT, PRE-TENANCY SERVICES, ON-SITE HEALTH ASSESSMENTS, AND INCOME SUPPORTS EITHER THROUGH EMPLOYMENT AND/OR ENTITLEMENT BENEFIT SUPPORTS. IN 2023, THE PROGRAM PROVIDED 134 CLIENTS WITH 18,109 NIGHTS OF SHELTER AND 42,085 MEALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steven Glass President | OfficerTrustee | 2 | $0 |
Camile Lindsay Kumi First Vice President | OfficerTrustee | 2 | $0 |
Destiny Woods Second Vice President | OfficerTrustee | 2 | $0 |
Barbara J Best Secretary | OfficerTrustee | 2 | $0 |
John Ciancanelli Treasurer | OfficerTrustee | 2 | $0 |
Chris Parker Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $262,819 |
| Related organizations | $0 |
| Government grants | $12,565,433 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,515,111 |
| Noncash contributions included in lines 1a–1f | $152,444 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,343,363 |
| Total Program Service Revenue | $226,433 |
| Investment income | $1,449 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$67,260 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $15,566,456 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,165,127 |
| Grants and other assistance to domestic individuals. | $4,946,702 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $266,333 |
| Compensation of current officers, directors, key employees. | $266,333 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,037,293 |
| Pension plan accruals and contributions | $37,019 |
| Other employee benefits | $759,527 |
| Payroll taxes | $445,294 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $32,015 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $18,850 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,070,102 |
| Advertising and promotion | $0 |
| Office expenses | $115,084 |
| Information technology | $113,029 |
| Royalties | $0 |
| Occupancy | $1,141,097 |
| Travel | $50,017 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $41,942 |
| Insurance | $140,713 |
| All other expenses | $9,107 |
| Total functional expenses | $15,717,863 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,784,035 |
| Savings and temporary cash investments | $301,845 |
| Pledges and grants receivable | $2,289,853 |
| 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 | $156,286 |
| Net Land, buildings, and equipment | $13,926,596 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $243,891 |
| Other assets | $454,800 |
| Total assets | $19,157,306 |
| Accounts payable and accrued expenses | $1,253,408 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $18,748 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $13,446,531 |
| Unsecured mortgages and notes payable | $950,000 |
| Other liabilities | $897,733 |
| Total liabilities | $16,566,420 |
| Net assets without donor restrictions | $1,470,995 |
| Net assets with donor restrictions | $1,119,891 |
| 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 | $19,157,306 |
Grants Awarded
Over the last fiscal year, Housing Forward has awarded $1,165,127 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
BEDS PLUS CARE PURPOSE: GENERAL ASSISTANCE | $514,411 |
AFRICAN AMERICAN CHRISTIAN FOUNDATION PURPOSE: GENERAL ASSISTANCE | $93,390 |
HEARTLAND ALLIANCE PURPOSE: GENERAL ASSISTANCE | $78,741 |
NEW MOMS PURPOSE: GENERAL ASSISTANCE | $139,337 |
LIVE 4 LALI PURPOSE: GENERAL ASSISTANCE | $74,675 |
SOUTH SUBURBAN PADS PURPOSE: GENERAL ASSISTANCE | $216,631 |