Status Home Inc
- Assets
- $4.4m
- Revenue
- $7.7m
- Investments
- $0.0
- Employees
- 37
- Location
- Atlanta, GA
- Founding
- 05/1989
- Data as of
- 06/2022
- EIN
- 58-1829807
Organization Overview
Status Home Inc is located in Atlanta, GA. The organization was established in 1989. 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 06/2022, Status Home Inc employed 37 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Status Home 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, Status Home Inc generated $7.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $7.7m during the year ending 06/2022. While expenses have increased by 5.5% 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
THE ORGANIZATION PROVIDES PERMANENT HOUSING AND SUPPORTIVE SERVICES TO HOMELESS AND LOW-INCOME MEN, WOMEN, AND CHILDREN WHO ARE LIVING WITH OR DIRECTLY AFFECTED BY AIDS/HIV.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SCATTERED SITE II PROGRAM PERMANENTLY HOUSES LOW INCOME FAMILIES OR INDIVIDUALS IN WHICH AT LEAST ONE MEMBER OF THE HOUSEHOLD IS LIVING WITH A DIAGNOSIS OF HIV / AIDS. DURING THE YEAR, THE PROGRAM PROVIDED 215 FURNISHED APARTMENTS SCATTERED THROUGHOUT THE METROPOLITAN ATLANTA AREA. THE PROGRAM ALSO PROVIDED COUNSELING, ACCESS TO AND INSTRUCTION IN, A COMPUTER LEARNING CENTER DESIGNED FOR ADULTS AND FOR CHILDREN, TUTORING, SUPPORT GROUPS, RECREATIONAL ACTIVITIES, WELL-HEALTH GROUP LEARNING SESSIONS, AS WELL AS FINANCIAL WELL-BEING GROUP LEARNING SESSIONS. THESE TOOLS HELP IN ASSISTING OUR RESIDENTS TO MEET GOALS THAT WILL HELP THEM MEET NEW GOALS IN THEIR LIVES, ENCOURAGING AND EMPOWERING THEM WITH THE TOOLS NECESSARY TO SOMEDAY MOVE FROM TO A MORE INDEPENDENT, MORE SUSTAINABLE LIFESTYLE, AS WELL AS BECOMING BOTH HAPPY AND PRODUCTIVE MEMBERS IN OUR LOCAL COMMUNITY. SSII ALSO PROVIDES NEW HORIZONS TENANT BASE RENTAL ASSISTANCE THAT SERVES APPROXIMATELY 82 FAMILIES WHO CAN LEASE THEIR OWN APARTMENT OR HOUSING. THE AGENCY PROVIDES A HOUSING SUBSIDY TO OFFSET RENT AND UTILITIES.
THE SSI PROGRAM PERMANENTLY HOUSES HOMELESS INDIVIDUALS AND FAMILIES IN WHICH AT LEAST ONE OF MEMBER OF THE HOUSEHOLD HAS HIV/AIDS. DURING THE YEAR, THE ORGANIZATION PROVIDED 24 FULL APARTMENTS SCATTERED THROUGHOUT THE METRO ATLANTA AREA AS WELL AS COUNSELING, ACCESS TO INSTRUCTION IN A COMPUTER LEARNING CENTER, SUPPORT GROUPS AND RECREATIONAL ACTIVITIES.
THE FAMILY PROGRAM PERMANENTLY HOUSES FAMILIES/INDIVIDUALS WHO ARE HOMELESS AND WHO ARE HIV POSITIVE, AND THEIR CHILDREN. DURING THE YEAR, THIS PROGRAM PROVIDES TWELVE FULLY FURNISHED APARTMENTS ON A PROPERTY WHOLLY OWNED BY JERUSALEM HOUSE, INC. THIS PROGRAM PROVIDES COUNSELING, ACCESS TO AND INSTRUCTION IN A COMPUTER LEARNING ENVIRONMENT, DESIGNED FOR ADULTS AND FOR CHILDREN, TUTORING, SUPPORT GROUPS, RECREATIONAL ACTIVITIES, WELL-HEALTH GROUP LEARNING SESSIONS, AS WELL AS FINANCIAL WELL-BEING GROUP LEARNING SESSIONS. THESE PROVIDE STRONG INDICATORS WHICH HAVE BEEN SHOWN TO ASSIST OUR SINGLE MOTHERS IN THEIR LIVES, ENCOURAGING AND EMPOWERING THEM WITH THE TOOLS OFFERED TO SOMEDAY MOVE FROM WITHIN THE PARADIGM OF THE CARING AND ASSISTED LIVING PHILOSOPHY TO A MORE INDEPENDENT LIFESTYLE ALSO OFFERED BY JERUSALEM HOUSE, FOR INSTANCE TO WITHIN THE SCATTERED SITE II FRAMEWORK
THROUGH THE PROGRAM FOR ADULTS, THE ORGANIZATION PROVIDES PERMANENT HOUSING AND SUPPORTIVE SERVICES FOR THE HOMELESS AND NO-TO LOW INCOME PERSONS WITH HIV / AIDS IN THE METROPOLITAN ATLANTA COMMUNITY. THE PROGRAM SERVES 23 HOMELESS SINGLE MEN AND WOMEN LIVING WITH HIV / AIDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Mccoy President | OfficerTrustee | 3 | $0 |
Matthew D Kent Immediate Past President | Trustee | 1 | $0 |
Joe Royals Vice President | OfficerTrustee | 3 | $0 |
Monique B Quindsland Treasurer | OfficerTrustee | 3 | $0 |
Elizabeth Espy Secretary | OfficerTrustee | 3 | $0 |
Anita Murphy Vice President Of Development | Officer | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $78,585 |
| Related organizations | $0 |
| Government grants | $6,100,982 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,002,077 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,181,644 |
| Total Program Service Revenue | $538,603 |
| Investment income | $25 |
| 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 | $7,737,502 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $3,820,530 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $680,780 |
| Compensation of current officers, directors, key employees. | $46,939 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,583,612 |
| Pension plan accruals and contributions | $41,599 |
| Other employee benefits | $352,502 |
| Payroll taxes | $167,313 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,700 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $86,762 |
| Advertising and promotion | $42 |
| Office expenses | $28,637 |
| Information technology | $122,661 |
| Royalties | $0 |
| Occupancy | $276,658 |
| Travel | $19,247 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $69,096 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $95,778 |
| Insurance | $126,579 |
| All other expenses | $10,986 |
| Total functional expenses | $7,662,009 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $270,583 |
| Savings and temporary cash investments | $12,772 |
| Pledges and grants receivable | $2,223,097 |
| Accounts receivable, net | $239,483 |
| 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 | $132,488 |
| Net Land, buildings, and equipment | $1,512,971 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,391,394 |
| Accounts payable and accrued expenses | $99,138 |
| Grants payable | $0 |
| Deferred revenue | $88,523 |
| 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 | $1,790,976 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,000,000 |
| Total liabilities | $2,978,637 |
| Net assets without donor restrictions | $765,713 |
| Net assets with donor restrictions | $647,044 |
| 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 | $4,391,394 |