Houses Of Light Llc
- Assets
- $89.7k
- Revenue
- $796.3k
- Investments
- $66.6k
- Employees
- 11
- Location
- Tucker, GA
- Founding
- 08/2014
- Data as of
- 12/2022
- EIN
- 45-2653565
Organization Overview
Houses Of Light Llc, operating under the name Homes Of Light Llc, is located in Tucker, GA. The organization was established in 2014. According to its NTEE Classification (S22) the organization is classified as: Neighborhood & Block Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2022, Homes Of Light Llc employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Homes Of Light Llc 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 12/2022, Homes Of Light Llc generated $796.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.6%) each year. All expenses for the organization totaled $849.0k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (3.4%) per year over the past 6 years. 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
HOMES OF LIGHT WORKS TO PROVIDE A SOLUTION TO CHRONIC HOMELESSNESS THROUGH THEIR SIGNATURE PROGRAM, SHARE (SUPPORTIVE HOUSING AND RE-ENTRY). SHARE INVOLVES PROVIDING TRANSITIONAL AND PERMANENT SUPPORTIVE HOUSING, ALONG WITH HOMELESSNESS PREVENTION POLICIES, TO INDIVIDUALS WHO ARE EXPERIENCING OR AT IMMEDIATE RISK OF EXPERIENCING HOMELESSNESS (INCLUDING VETERANS AND HOSPITAL TO HOME FROM GRADY HOSPITAL IN ATLANTA). TRANSITIONAL AND PERMANENT SUPPORTIVE HOUSING IS COUPLED WITH SUPPORTIVE SERVICES, INCLUDING INTENSIVE CASE MANAGEMENT AND LIFE SKILLS BUILDING. HOUSING SERVICES INCLUDE PROVISION OF FINANCIAL ASSISTANCE FOR RENT AND UTILITIES, PROVISION OF SOME HOUSEHOLD SUPPLIES AND FURNITURE, AND PREMISES MANAGEMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAM - SHARE (SUPPORTIVE HOUSING AND RE-ENTRY EFFORT)INVOLVES PROVIDING TRANSITIONAL AND PERMANENT SUPPORTIVE HOUSING, ALONG WITH HOMELESSNESS PREVENTION POLICIES, TO INDIVIDUALS WHO ARE EXPERIENCING OR AT IMMEDIATE RISK OF EXPERIENCING HOMELESSNESS. TRANSITIONAL AND PERMANENT SUPPORTIVE HOUSING IS HOUSING COUPLED WITH SUPPORTIVE SERVICES, INCLUDING INTENSIVE CASE MANAGEMENT AND HOUSING RELATED SKILL BUILDING. HOUSING SERVICES INCLUDE PROVISION OF FINANCIAL ASSISTANCE FOR RENT AND UTILITIES, PROVISION OF SOME HOUSEHOLD SUPPLIES AND FURNITURE, AND PREMISES MANAGEMENT.
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 |
|---|---|---|---|
George Lorenz President | OfficerTrustee | 10 | $0 |
Tim Santelli Treasurer | OfficerTrustee | 10 | $0 |
Reed Gary Secretary | OfficerTrustee | 10 | $0 |
Stephen Holmes Director | Trustee | 10 | $0 |
Gil Reschenthaler Executive Director | Trustee | 40 | $59,050 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $546,789 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $252,326 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $799,115 |
| Total Program Service Revenue | $0 |
| Investment income | $114 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$2,961 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $796,268 |
| 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. | $59,050 |
| Compensation of current officers, directors, key employees. | $59,050 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $226,429 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $22,405 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,871 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $8,471 |
| Office expenses | $7,307 |
| Information technology | $2,039 |
| Royalties | $0 |
| Occupancy | $429,608 |
| Travel | $20,210 |
| 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 | $0 |
| Insurance | $3,784 |
| All other expenses | $806 |
| Total functional expenses | $849,029 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $19,872 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,276 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $66,556 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $89,704 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $138,798 |
| Total liabilities | $138,798 |
| Net assets without donor restrictions | $0 |
| 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 | -$49,094 |
| Total liabilities and net assets/fund balances | $89,704 |