Homeless Action Network Of Detroit
- Assets
- $28.0m
- Revenue
- $159.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Detroit, MI
- Founding
- 09/1997
- Data as of
- 06/2022
- EIN
- 38-3315978
Organization Overview
Homeless Action Network Of Detroit is located in Detroit, MI. The organization was established in 1997. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Homeless Action Network Of Detroit 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, Homeless Action Network Of Detroit generated $159.5m in total revenue. All expenses for the organization totaled $158.3m during the year ending 06/2022. While expenses have increased by 97.0% 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.
Since 2020, Homeless Action Network Of Detroit has awarded 12 individual grants totaling $174,000,224. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO INCREASE AWARENESS OF THE PROBLEMS OF PEOPLE WHO ARE HOMELESS AND THE DEVELOPMENT AND CARRYING OUT OF STRATEGIES TO CREATE PERMANENT SOLUTIONS TO HOMELESSNESS IN OUR COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HAND PROVIDED LEADERSHIP TO ADDRESS HOMELESSNESS. THIS WAS DONE BY WORKING WITH COMMUNITY PARTNERS TO IDENTIFY, COORDINATE, AND IMPLEMENT STRATEGIES DESIGNED TO CREATE PERMANENT SOLUTIONS TO HOMELESSNESS IN THE DETROIT COMMUNITY. HAND ALSO WORKED TO PROMOTE PARTNERSHIPS AND COLLABORATION AMONGST COMMUNITY PARTNERS IN ORDER TO HAVE A GREATER IMPACT ON THE ISSUE OF HOMELESSNESS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Asabigi Kanzoni President | OfficerTrustee | 1 | $0 |
Nyeche Chidi Vice Preside | OfficerTrustee | 1 | $0 |
Dr Suber Joyce Treasurer | OfficerTrustee | 1 | $0 |
Gardner Lisa Director | Trustee | 1 | $0 |
Haliburton Lynn Secretary | OfficerTrustee | 1 | $0 |
Jackson Anita Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $158,182,267 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,313,715 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $159,495,982 |
| Total Program Service Revenue | $0 |
| Investment income | $102 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$5,913 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $159,490,171 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $155,777,529 |
| Grants and other assistance to domestic individuals. | $823,327 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $1,430,552 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $18,435 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $97,945 |
| Information technology | $120,439 |
| Royalties | $0 |
| Occupancy | $15,900 |
| Travel | $3,889 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,301 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $6,136 |
| All other expenses | $43 |
| Total functional expenses | $158,309,868 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $18,490,576 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $9,340,543 |
| Accounts receivable, net | $197,400 |
| 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 | $6,425 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $28,034,944 |
| Accounts payable and accrued expenses | $75,098 |
| Grants payable | $26,168,382 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $26,243,480 |
| Net assets without donor restrictions | $726,873 |
| Net assets with donor restrictions | $1,064,591 |
| 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 | $28,034,944 |
Grants Awarded
Over the last fiscal year, Homeless Action Network Of Detroit has awarded $155,777,529 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
WAYNE METRO COMMUNITY ACTION AGENCY PURPOSE: ADDRESS HOMELESSNESS | $111,631,127 |
UNITED COMMUNITY HOUSING COALITION PURPOSE: ADDRESS HOMELESSNESS | $40,797,358 |
THE HEAT AND WARMTH FUND PURPOSE: ADDRESS HOMELESSNESS | $2,530,156 |
ALTERNATIVES FOR GIRLS PURPOSE: ADDRESS HOMELESSNESS | $152,200 |
UNITED WAY OF SOUTHEASTERN MICHIGAN PURPOSE: ADDRESS HOMELESSNESS | $407,921 |
COMMUNITY AND HOME SUPPORTS PURPOSE: ADDRESS HOMELESSNESS | $258,767 |