Housing Families First
- Assets
- $7.9m
- Revenue
- $2.2m
- Investments
- $0.0
- Employees
- 24
- Location
- Henrico, VA
- Founding
- 05/2001
- Data as of
- 06/2023
- EIN
- 54-1995917
Organization Overview
Housing Families First is located in Henrico, VA. The organization was established in 2001. 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 06/2023, Housing Families First employed 24 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Housing Families First 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 06/2023, Housing Families First generated $2.2m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 11.1% each year . All expenses for the organization totaled $2.1m during the year ending 06/2023. While expenses have increased by 11.0% 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
TO PROVIDE FAMILIES FACING HOMELESSNESS THE OPPORTUNITY TO BUILD A FAMILY LEGACY BY PROVIDING A PATH TO A PERMANENT HOME.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOUSING FAMILIES FIRST RESPONDS TO HOUSING CRISES EXPERIENCED BY FAMILIES IN GREATER RICHMOND, THEN HELPS THEM FIND HOMES IN OUR COMMUNITY, LEASED IN THEIR OWN NAME. OUR PROGRAMS - HILLARD HOUSE SHELTER, KEY HUNTERS HOUSING COACHING, BUILDING NEIGHBORS RAPID RE-HOUSING, BRINGING FAMILIES HOME SCHOOL PARTNERSHIP, AND FORGING FOUNDATIONS YOUTH PROGRAM - EMPOWER FAMILIES TO TAKE CHARGE OF THEIR LIVES AND GET ON THE PATH TO SAFE AND STABLE HOUSING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kelly Evans Immediate Past President | OfficerTrustee | 2 | $0 |
Emily Jasper Board Member | Trustee | 2 | $0 |
Will Melton Treasurer | OfficerTrustee | 2 | $0 |
J Benjamin English Board Member | Trustee | 2 | $0 |
Becky Mcneer Board Member | Trustee | 2 | $0 |
Jovan Burton Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $925,023 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,212,003 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,137,026 |
| Total Program Service Revenue | $55,801 |
| Investment income | $66,026 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$93,042 |
| Net Income from Fundraising Events | $41,933 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,208,922 |
| 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. | $85,922 |
| Compensation of current officers, directors, key employees. | $20,621 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $780,019 |
| Pension plan accruals and contributions | $26,735 |
| Other employee benefits | $74,170 |
| Payroll taxes | $62,745 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $38,939 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $22,712 |
| Fees for services: Other | $34,887 |
| Advertising and promotion | $4,132 |
| Office expenses | $12,396 |
| Information technology | $13,995 |
| Royalties | $0 |
| Occupancy | $82,856 |
| Travel | $2,284 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,836 |
| Interest | $4,633 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $150,714 |
| Insurance | $30,132 |
| All other expenses | $3,350 |
| Total functional expenses | $2,148,548 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $613,195 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $471,207 |
| 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 | $19,527 |
| Net Land, buildings, and equipment | $3,888,758 |
| Investments—publicly traded securities | $2,866,767 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $7,859,454 |
| Accounts payable and accrued expenses | $51,853 |
| 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 | $2,550,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,601,853 |
| Net assets without donor restrictions | $4,426,196 |
| Net assets with donor restrictions | $831,405 |
| 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 | $7,859,454 |