Charlotte Family Housing Inc is located in Charlotte, NC. The organization was established in 1985. According to its NTEE Classification (P85) the organization is classified as: Homeless Centers, under the broad grouping of Human Services and related organizations. As of 06/2023, Charlotte Family Housing Inc employed 45 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Charlotte Family Housing 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 06/2023, Charlotte Family Housing Inc generated $3.3m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $3.2m during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (1.7%) per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF CHARLOTTE FAMILY HOUSING IS TO EMPOWER WORKING FAMILIES EXPERIENCING HOMELESSNESS TO ACHIEVE LONG-TERM SELF-SUFFICIENCY THROUGH SHELTER, HOUSING, SUPPORTIVE SERVICES, AND ADVOCACY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHARLOTTE FAMILY HOUSING, INC. IS A PRIVATE, NOT-FOR-PROFIT ENTERPRISE WHICH WORKS TO SOLVE FAMILY HOMELESSNESS THROUGH A CONFIDENCE-BUILDING EMPOWERMENT APPROACH, CHARLOTTE FAMILY HOUSING FOCUSES ON THE STRENGTH OF FAMILIES AND TRANSFORMS PAST CYCLES OF TRAUMA THROUGH FORMATIVE, CONFIDENCE BUILDING OPPORTUNITIES OF GROWTH AND VALIDATION. CFH IS ROOTED IN EMPOWERMENT AND TRAUMA INFORMED CARE. AT ITS FOUNDING, CFH REIMAGINED A NEW SELF-SUFFICIENCY PATHWAY (FOCUSING ON SINGLE MOTHERS) THAT EXAMINED CLINICAL BRAIN RESEARCH LINKING TRAUMA AND POVERTY AND HEALTHY TRAUMA-INFORMED INTERVENTIONS.CFH PROVIDES EACH FAMILY WITH THE OPPORTUNITY TO ACHIEVE HOUSING STABILITY AND ECONOMIC CONFIDENCE THROUGH THREE INTEGRATED SERVICES: 1. HOUSING: FAMILIES BEGIN IN A HOME-LIKE SHELTER WHERE BARRIERS TO OBTAINING HOUSING ARE ADDRESSED. WITHOUT WORRYING ABOUT WHERE THEIR CHILD WILL SLEEP AT NIGHT, MOMS CAN CONCENTRATE ON GOALS. CFH ASSISTS FAMILIES IN FINDING RENTAL HOUSING AND PROVIDES SUBSIDIES, PREPARING THEM FOR STABLE HOUSING WITHIN A YEAR OR TWO.2. TRAUMA INFORMED CARE: CFH'S MASTERS-LEVEL CLINICAL SOCIAL WORKERS (LCSW) PROVIDE WRAPAROUND SERVICES GROUNDED IN THE PRACTICE OF RECOGNIZING THE TRAUMA ITS FAMILIES HAVE EXPERIENCED. THROUGH COLLABORATIVE, SAFE RELATIONSHIPS ANCHORED IN TRUST, LCSWS ADDRESS BARRIERS TO FAMILY STABILITY AND FACILITATE A TWO-GENERATIONAL PATHWAY TO FINANCIAL LITERACY, PARENTING, HEALTH, AND JOB READINESS. ADDITIONALLY, CFH FAMILIES HAVE ACCESS TO COUNSELING.3. EMPOWERMENT TOOLS: CFH INCORPORATES A STEPPED APPROACH TO EMPOWER FAMILIES TO MOVE OUT OF POVERTY. E.G.: ACCESS REDUCED RATES FOR CRITICAL GOODS AND SUCH AS CAR REPAIRS, COMPUTERS, AND HOME FURNISHINGS CONNECTION TO 1:1 FINANCIAL COUNSELING AND BANKING SERVICES EARN MOTIVATIONAL ACHIEVEMENT POINTS FOR COMPLETING PROGRAM GOALS WHICH CAN BE CASHED IN FOR GIFT CARDS, HOUSEHOLD ITEMS, AND TRANSPORTATION GIFT CARDS HAVE SAVINGS MATCHED UPON PROGRAM COMPLETIONCHARLOTTE FAMILY HOUSING SOLELY FOCUSES ON WORKING FAMILIES WHO ARE EXPERIENCING HOMELESSNESS IN MECKLENBURG COUNTY. SOARING RENTAL PRICES THROUGHOUT MECKLENBURG COUNTY ARE FORCING MORE AND MORE FAMILIES OUT OF THEIR CURRENT RESIDENCES AND INTO HOMELESSNESS AND HOUSING INSTABILITY. DUE TO THE CURRENT HOUSING AND RENTAL MARKET, UNFORESEEN EVENTS OR CHRONIC CIRCUMSTANCES (LIKE A LOSS OF INCOME, ILLNESS, FAMILY BREAKUP, DEATH IN THE FAMILY, OR DOMESTIC VIOLENCE) CAN RESULT IN HOMELESSNESS. IN RESPONSE TO THE CURRENT HOUSING MARKET, CFH HAS FOCUSED ON TWO DIFFERENT INITIATIVES. FIRST, CFH IS WORKING HAND IN HAND WITH DEVELOPERS TO SECURE ACCESS TO TAX CREDIT UNITS. PARTNERSHIPS WITH REAL ESTATE DEVELOPERS ALLOW ACCESS TO RENTAL UNITS THAT MIGHT OTHERWISE BE INACCESSIBLE TO THE FAMILIES CFH SERVES. THESE NEW PARTNERSHIPS ARE EXPANDING THE AFFORDABLE HOUSING INVENTORY. SECOND, ACKNOWLEDGING THAT CFH CAN ONLY MINIMALLY IMPACT THE AFFORDABLE HOUSING STOCK, CFH HAS PLACED A GREATER EMPHASIS ON CAREER GROWTH, INCOME INCREASES AND WORK FORCE DEVELOPMENT. BY INCREASING WAGES, CFH FAMILIES ARE ABLE TO BETTER AFFORD HOUSING. CFH MEASURES ITS PROGRESS AND SUCCESS BY EVALUATING HOW MANY FAMILIES MAINTAIN HOUSING UPON LEAVING ITS PROGRAM. USING SALESFORCE SOFTWARE FOR DATA COLLECTION, CFH DOCUMENTS A FAMILY'S PROGRESS AT THREE-MONTH INTERVALS WITH POST-EXIT SURVEYS FOR TWO YEARS AFTER PROGRAM COMPLETION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Pedro Perez Former Ex. Dir. | Officer | 40 | $145,239 |
Elizabeth Kurtz Executive Dir. | Officer | 40 | $70,115 |
Tricia Wilson Magee Chairman | OfficerTrustee | 1 | $0 |
Paula Moss Vice Chair | OfficerTrustee | 1 | $0 |
Darren Ash Board Member | Trustee | 1 | $0 |
Paul Baalman Board Member | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $450,417 |
All other contributions, gifts, grants, and similar amounts not included above | $2,763,406 |
Noncash contributions included in lines 1a–1f | $63,630 |
Total Revenue from Contributions, Gifts, Grants & Similar | $3,213,823 |
Total Program Service Revenue | $0 |
Investment income | $19,809 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $23,041 |
Net Gain/Loss on Asset Sales | -$150 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $3,256,523 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $784,732 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $215,353 |
Compensation of current officers, directors, key employees. | $17,228 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,164,289 |
Pension plan accruals and contributions | $6,294 |
Other employee benefits | $183,022 |
Payroll taxes | $108,084 |
Fees for services: Management | $310,225 |
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 | $0 |
Advertising and promotion | $9,885 |
Office expenses | $30,303 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $180,364 |
Travel | $5,131 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $11,165 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $32,320 |
Insurance | $20,795 |
All other expenses | $0 |
Total functional expenses | $3,187,671 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $852,766 |
Savings and temporary cash investments | $611,543 |
Pledges and grants receivable | $14,900 |
Accounts receivable, net | $309,929 |
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 | $42,713 |
Net Land, buildings, and equipment | $293,468 |
Investments—publicly traded securities | $1,654,329 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $31,291 |
Other assets | $10,000 |
Total assets | $3,820,939 |
Accounts payable and accrued expenses | $132,458 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $84,170 |
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 | $63,687 |
Total liabilities | $280,315 |
Net assets without donor restrictions | $3,105,034 |
Net assets with donor restrictions | $435,590 |
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 | $3,820,939 |