Homeless No More Inc
- Assets
- $7.8m
- Revenue
- $3.6m
- Investments
- $0.0
- Employees
- 41
- Location
- Columbia, SC
- Founding
- 04/1990
- Data as of
- 09/2023
- EIN
- 57-0898981
Organization Overview
Homeless No More Inc is located in Columbia, SC. The organization was established in 1990. According to its NTEE Classification (L40) the organization is classified as: Temporary Housing, under the broad grouping of Housing & Shelter and related organizations. As of 09/2023, Homeless No More Inc employed 41 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Homeless No More 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 09/2023, Homeless No More Inc generated $3.6m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 23.1% each year . All expenses for the organization totaled $2.2m during the year ending 09/2023. While expenses have increased by 13.7% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
HOMELESS NO MORE IS COMMITTED TO OFFERING A SEAMLESS CONTINUUM OF SERVICES AND HOUSING TO HOMELESS AND AT-RISK FAMILIES IN THE MIDLANDS OF SOUTH CAROLINA AND CREATES AN ENVIRONMENT FOR THESE FAMILIES TO MAXIMIZE THEIR POTENTIAL AND MOVE FORWARD TOWARDS INDEPENDENT LIVES. THE ORGANIZATION WAS ORGANIZED TO PROVIDE THE VEHICLE BY WHICH LOW-INCOME HOUSING MAY BE REHABILITATED AND/OR BUILT NEW AND TO PROVIDE AND COORDINATE NECESSARY SUPPORT SERVICES TO LOW-INCOME FAMILIES IN NEED OF HOUSING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOMELESS NO MORE (FORMERLY KNOWN AS TRINITY HOUSING CORPORATION) EXISTS TO CHAMPION THE INTERESTS OF AT-RISK AND HOMELESS FAMILIES THROUGH A LAYERED APPROACH THAT INCLUDES THE FOLLOWING STRATEGIC AREAS OF FOCUS: EMERGENCY SERVICES (EMERGENCY SHELTER AT THE FAMILY SHELTER AND RENTAL ASSISTANCE), TRANSITIONAL HOUSING (ST. LAWRENCE PLACE), AFFORDABLE HOUSING (LIVE OAK PLACE), AND THE COMMUNITY ROUNDTABLE (ADVOCACY FOR HOMELESS FAMILIES AND MONTHLY MEETINGS FOR SERVICE PROVIDERS TO ADDRESS HOMELESS FAMILIES' NEEDS ACROSS THE COMMUNITY).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lila Anna Sauls Executive Dir. | Officer | 40 | $142,275 |
Gloria Saeed COO | 40 | $94,750 | |
Jessica Malovic Cdo | Officer | 40 | $89,399 |
Marti Bluestein Member | Trustee | 1 | $0 |
Sarena Burch Member | Trustee | 1 | $0 |
Mary Boyd Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $5,171 |
| Related organizations | $0 |
| Government grants | $294,142 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,238,052 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,537,365 |
| Total Program Service Revenue | $20,800 |
| Investment income | $98 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $28,974 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,617,237 |
| 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. | $270,126 |
| Compensation of current officers, directors, key employees. | $85,737 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $826,337 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $35,711 |
| Payroll taxes | $84,224 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| 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 | $209,557 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $197,234 |
| Travel | $2,726 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $79,298 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $184,594 |
| Insurance | $83,449 |
| All other expenses | $23,552 |
| Total functional expenses | $2,204,782 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $229,293 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $306,728 |
| 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 | $21,895 |
| Net Land, buildings, and equipment | $6,772,758 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $515,438 |
| Total assets | $7,846,112 |
| Accounts payable and accrued expenses | $506,722 |
| 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 | $2,761,995 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $3,268,717 |
| Net assets without donor restrictions | $4,543,104 |
| Net assets with donor restrictions | $34,291 |
| 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 | $7,846,112 |