Greensboro Housing Coalition Inc
- Assets
- $505.4k
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 13
- Location
- Greensboro, NC
- Founding
- 06/1992
- Data as of
- 06/2021
- EIN
- 56-1727193
Organization Overview
Greensboro Housing Coalition Inc is located in Greensboro, NC. The organization was established in 1992. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. As of 06/2021, Greensboro Housing Coalition Inc employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greensboro Housing Coalition 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 06/2021, Greensboro Housing Coalition Inc generated $2.0m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 18.8% each year . All expenses for the organization totaled $2.3m during the year ending 06/2021. While expenses have increased by 21.7% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ADVOCATE FOR AND PROVIDE RESOURCES TO PEOPLE WITH LOW TO MODERATE INCOMES AND THOSE WITH SPECIAL NEEDS TO SECURE OR RETAIN SAFE, HEALTHY, AND AFFORDABLE HOUSING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HEALTHY HOMES: THIS PROGRAM, FORMERLY KNOWN AS OUTREACH, DOES HOUSING ASSESSMENTS TO IDENTIFY HOUSING-RELATED HEALTH HAZARDS SUCH AS MOLD, LEAD, AND PESTS AND HELPS RESIDENT GET NECESSARY REPAIRS MADE. WE HELP HOMEOWNERS APPLY FOR HOME REPAIR PROGRAMS AND COUNSEL TENANTS ABOUT EFFECTIVE WAYS TO GET THEIR LANDLORDS TO MAKE REPAIRS. HEALTHY HOMES COLLABORATES WITH PUBLIC AND PRIVATE ORGANIZATIONS TO EXPAND REPAIR PROGRAMS AND RAISE PUBLIC AWARENESS. IN RESPONSE TO THE EXTREME HOUSING CRISIS WHICH AROSE DURING THE COVID-19 PANDEMIC, THE HEALTHY HOMES TEAM ALSO COORDINATED THE DISTRIBUTION OF FOOD GRANTS TO ELIGIBLE RESIDENTS.
HOMELESS PREVENTION: THIS PROGRAM PROVIDES HOUSING COUNSELING SERVICES FOR HOMELESS INDIVIDUALS AND RENTERS. IT PROVIDES SERVICES FOR TENANTS TO FIND RENTALS, RESOLVE DISPUTES, AND AVOID EVICTIONS AND ASSISTS HOMELESS INDIVIDUALS AND FAMILIES IN FINDING HOUSING. THIS PROGRAM ENCOMPASSES OUR HOUSING HOTLINE. HOMELESS PREVENTION ALSO WORKS COOPERATIVELY WITH A WIDE RANGE OF HOMELESS SERVICES, LANDLORDS, AND OTHER ORGANIZATIONS TO PROMOTE AFFORDABLE HOUSING. DURING THE HOUSING CRISIS ARISING FROM THE COVID-19 PANDEMIC, THE HOMELESS PREVENTION TEAM VETTED RESIDENTS' ELIGIBILITY AND DISBURSED OVER $1,490,000 IN RENTAL AND UTILITY FINANCIAL ASSISTANCE.
HOUSING COUNSELING: THIS PROGRAM PROVIDES INFORMATION TO PROSPECTIVE HOMEBUYERS ABOUT MORTGAGE QUALIFICATION REQUIREMENTS AND HOMEOWNERSHIP RESPONSIBILITIES. THE PROGRAM PROVIDES FORECLOSURE PREVENTION ASSISTANCE TO HOMEOWNERS. THE PROGRAM ALSO EDUCATES HOMEOWNERS ABOUT HOW TO GET REPAIRS MADE BY OTHER SOURCES IF UNABLE TO AFFORD THE REPAIRS. HOUSING COUNSELING ALSO WORKS COOPERATIVELY WITH A WIDE RANGE OF REALTORS, LENDERS, AND OTHER ORGANIZATIONS TO PROMOTE AFFORDABLE HOUSING. IN RESPONSE TO THE EXTREME HOUSING CRISIS WHICH AROSE DURING THE COVID-19 PANDEMIC, THE HOUSING COUNSELORS PIVOTED TO ALSO ASSIST THE HOMELESS PREVENTION TEAM'S WORK, PREVENTING EVICTIONS AND KEEPING ELIGIBLE RESIDENTS IN THEIR RENTAL HOUSING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Josie Williams Executive Director | Officer | 40 | $57,965 |
Antonia Monk Richburg Chair | OfficerTrustee | 1 | $0 |
Hugh Holston Vice Chair | OfficerTrustee | 1 | $0 |
Andy Stern Treasurer | OfficerTrustee | 1 | $0 |
Jean Goodman Secretary | OfficerTrustee | 1 | $0 |
Ed Sharpe Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $8,510 |
| Related organizations | $0 |
| Government grants | $1,650,374 |
| All other contributions, gifts, grants, and similar amounts not included above | $342,013 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,000,897 |
| Total Program Service Revenue | $20,270 |
| Investment income | $925 |
| 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 | $2,022,092 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,557,079 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $66,477 |
| Compensation of current officers, directors, key employees. | $22,461 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $391,126 |
| Pension plan accruals and contributions | $8,002 |
| Other employee benefits | $45,442 |
| Payroll taxes | $36,143 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,820 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $854 |
| Fees for services: Other | $40,000 |
| Advertising and promotion | $0 |
| Office expenses | $32,410 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $44,253 |
| Travel | $0 |
| 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 | $919 |
| Insurance | $8,655 |
| All other expenses | $2,520 |
| Total functional expenses | $2,296,548 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $235,882 |
| Savings and temporary cash investments | $105,550 |
| Pledges and grants receivable | $50,000 |
| Accounts receivable, net | $35,069 |
| 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 | $4,954 |
| Net Land, buildings, and equipment | $5,150 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $68,806 |
| Total assets | $505,411 |
| Accounts payable and accrued expenses | $21,109 |
| Grants payable | $0 |
| Deferred revenue | $69,591 |
| 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 | $40,842 |
| Total liabilities | $131,542 |
| Net assets without donor restrictions | $18,848 |
| Net assets with donor restrictions | $355,021 |
| 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 | $505,411 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Greensboro Housing Coalition Inc has recieved totaling $198,797.
| Awarding Organization | Amount |
|---|---|
De Beaumont Foundation Inc Bethesda, MD PURPOSE: COLLABORATIVE COTTAGE GROVE | $100,000 |
Community Foundation Of Greater Greensboro Inc Greensboro, NC PURPOSE: GENERAL SUPPORT | $36,000 |
Lincoln Financial Foundation Inc Radnor, PA PURPOSE: FINANCIAL WELLNESS PROGRAMS | $25,000 |
Z Smith Reynolds Foundation Inc Winstonsalem, NC PURPOSE: EVICTION RESOLUTION PROJECT OF GREATER GREENSBORO NORTH CAROLINA | $20,000 |
North Carolina Housing Coalition Inc Durham, NC | | $16,249 |
Amg Charitable Gift Foundation Greenwood Village, CO PURPOSE: PUBLIC ASSISTANCE | $1,500 |
Endowment Analysis
| Beg. Balance | $50,906 |
| Earnings | $14,779 |
| Admin Expense | $854 |
| Ending Balance | $64,831 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Big Canoe Property Owners Association Inc And Subsidiary Big Canoe, GA | $48,180,026 | $19,159,834 |
Shelter House Inc Reston, VA | $6,743,159 | $14,877,410 |
Alexandria Housing Development Corporation Alexandria, VA | $129,711,642 | $8,689,601 |
Habitat For Humanity Of Greater Nashville Nashville, TN | $71,491,096 | $16,513,254 |
Virginia Supportive Housing Richmond, VA | $30,778,021 | $11,444,363 |
Habitat For Humanity International Inc Memphis, TN | $13,622,959 | $12,248,424 |
Our Lady Of Peace Inc Roanoke, VA | $13,777,109 | $11,564,075 |
Guardian Center Inc Ooltewah, TN | $1,527,267 | $10,632,560 |
Jerusalem House Inc Atlanta, GA | $4,358,598 | $7,877,090 |
Habitat For Humanity International Inc Newport News, VA | $9,861,358 | $8,052,076 |
American Opportunity Foundation Atlanta, GA | $34,585,201 | $5,667,158 |
Recovery Place Community Services Inc Savannah, GA | $2,985,458 | $7,587,530 |