Carpenters Shelter Inc
- Assets
- $10.6m
- Revenue
- $3.8m
- Investments
- $0.0
- Employees
- 72
- Location
- Alexandria, VA
- Founding
- 03/1991
- Data as of
- 06/2022
- EIN
- 54-1571849
Organization Overview
Carpenters Shelter Inc is located in Alexandria, VA. The organization was established in 1991. 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, Carpenters Shelter Inc employed 72 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Carpenters Shelter 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, Carpenters Shelter Inc generated $3.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.7% each year. All expenses for the organization totaled $4.1m during the year ending 06/2022. While expenses have increased by 10.0% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORT PEOPLE EXPERIENCING AND AT RISK OF HOMELESSNESS TO ACHIEVE SUSTAINABLE INDEPENDENCE THROUGH SHELTER AND HOUSING PLACEMENT, GUIDANCE, EDUCATION AND ADVOCACY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CARPENTER'S SHELTER SERVES HOMELESS AND FORMERLY HOMELESS PEOPLE IN ALEXANDRIA EACH YEAR THROUGH THE FOLLOWING PROGRAMS: A 60-BED EMERGENCY RESIDENTIAL SHELTER, A DAY SHELTER FOR PEOPLE EXPERIENCING CHRONIC HOMELESSNESS, AN OVERNIGHT SHELTER DURING THE WINTER, AS WELL AS RAPID REHOUSING AND PERMANENT SUPPORTIVE HOUSING FOR CLIENTS IN THE COMMUNITY. CARPENTER'S SHELTER MEETS THE IMMEDIATE NEEDS OF INDIVIDUALS AND FAMILIES EXPERIENCING HOMELESSNESS AND PROVIDES SUPPORT TO ACHIEVE HOUSING STABILITY THROUGH INDIVIDUALIZED CASE MANAGEMENT, HOUSING LOCATION, CONNECTION TO EDUCATION AND TRAINING, WORKFORCE DEVELOPMENT, FINANCIAL LITERACY WORKSHOPS, ON-SITE HEALTH CLINIC SERVICES, MENTAL HEALTH SERVICES, AND CHILDREN'S PROGRAMMING.
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 |
|---|---|---|---|
Shannon Steene Executive Director | Officer | 40 | $139,835 |
Monise Quidley Director Of Development | 40 | $106,484 | |
Mary C Caldwell Therapeutic Service Director | 40 | $104,932 | |
Mary Parker Lamm Deputy Director | 40 | $100,302 | |
Edith Bullard Chair | OfficerTrustee | 2 | $0 |
Simone Putnam Treasurer | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $19,960 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,537,377 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,128,449 |
| Noncash contributions included in lines 1a–1f | $265,571 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,685,786 |
| Total Program Service Revenue | $0 |
| Investment income | $88,224 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,783,196 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,043,141 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $156,324 |
| Compensation of current officers, directors, key employees. | $31,265 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,543,873 |
| Pension plan accruals and contributions | $10,897 |
| Other employee benefits | $104,268 |
| Payroll taxes | $138,337 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $72,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $20,850 |
| Fees for services: Other | $19,146 |
| Advertising and promotion | $0 |
| Office expenses | $27,844 |
| Information technology | $55,825 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $11,057 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,068 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $177,951 |
| Insurance | $64,025 |
| All other expenses | $79,353 |
| Total functional expenses | $4,076,083 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $164,997 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $208,067 |
| 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 | $15,654 |
| Net Land, buildings, and equipment | $5,390,899 |
| Investments—publicly traded securities | $4,854,782 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $10,307 |
| Total assets | $10,644,706 |
| Accounts payable and accrued expenses | $224,984 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $10,307 |
| 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 | $235,291 |
| Net assets without donor restrictions | $10,349,671 |
| Net assets with donor restrictions | $59,744 |
| 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 | $10,644,706 |
Grants Recieved
Over the last fiscal year, we have identified 23 grants that Carpenters Shelter Inc has recieved totaling $481,323.
| Awarding Organization | Amount |
|---|---|
Greater Washington Community Foundation Washington, DC PURPOSE: GENERAL SUPPORT | $121,881 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $66,200 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $55,000 |
United Way Of The National Capital Area Vienna, VA PURPOSE: DESIGNATED AND/OR GRANTED IN SUPPORT OF AGENCY PROGRAMS | $39,745 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $25,000 |
Ivakota Association Inc Richmond, VA PURPOSE: GENERAL SUPPORT | $20,000 |
Endowment Analysis
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Friendship Place Washington, DC | $9,467,594 | $20,756,314 |
Nashville Rescue Mission Nashville, TN | $37,816,884 | $20,187,859 |
Forkids Inc Chesapeake, VA | $30,389,970 | $15,557,559 |
Central Union Mission Washington, DC | $25,037,840 | $16,629,553 |
New Hope Housing Inc Alexandria, VA | $4,724,081 | $13,222,867 |
House Of Ruth Washington, DC | $26,954,207 | $14,138,940 |
The Next Door Nashville, TN | $9,790,699 | $10,091,124 |
Hope Center Inc Lexington, KY | $15,963,477 | $9,458,031 |
Homeward Bound Of Western North Carolina Inc Asheville, NC | $7,613,383 | $7,947,393 |
The Light House Inc Annapolis, MD | $14,282,025 | $6,589,792 |
Welcome House Of Northern Kentucky Inc Covington, KY | $15,337,370 | $7,502,919 |
Good Shepherd Ministries Of Wilmington Inc Wilmington, NC | $5,944,318 | $5,829,683 |