Supportive Housing Communities Inc
- Assets
- $5.0m
- Revenue
- $3.9m
- Investments
- $0.0
- Employees
- 50
- Location
- Charlotte, NC
- Founding
- 09/1993
- Data as of
- 06/2021
- EIN
- 58-2067479
Organization Overview
Supportive Housing Communities Inc is located in Charlotte, NC. The organization was established in 1993. According to its NTEE Classification (P99) the organization is classified as: Human Services N.E.C., under the broad grouping of Human Services and related organizations. As of 06/2021, Supportive Housing Communities Inc employed 50 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Supportive Housing Communities 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, Supportive Housing Communities Inc generated $3.9m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.4% each year . All expenses for the organization totaled $3.9m during the year ending 06/2021. While expenses have increased by 9.5% 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
SEE SCHEDULE O.SUPPORTIVE HOUSING COMMUNITIES, INC. EXISTS TO PROVIDE AFFORDABLE HOUSING TO ALLEVIATE HOMELESSNESS AND HUMAN SUFFERING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SHC OWNS AND OPERATES MCCREESH PLACE, A 90-UNIT PERMANENT SUPPORTIVE HOUSING APARTMENT COMMUNITY, ALONG WITH ST. JOHNS PLACE, A 32-UNIT AFFORDABLE HOUSING APARTMENT COMMUNITY. SHC ALSO PROVIDES HOUSING/SUPPORT SERVICES USING 76 APARTMENTS IN THE COMMUNITY. SHC HAS A STREET OUTREACH PROGRAM PROVIDING SERVICES TO PEOPLE LIVING OUTSIDE WHO HAVE SEVERE MENTAL ILLNESS. SHC PROVIDED HOUSING/SUPPORT SERVICES TO OVER 300 PEOPLE AND STREET OUTREACH SERVICES TO OVER 400 PEOPLE DURING FY2020-21. OVER 96% OF SHC RESIDENTS REMAINED IN STABLE HOUSING DURING FY2020-21.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sherrill Hampton CEO | Officer | 45 | $110,385 |
Natalie Brown Chair | OfficerTrustee | 2 | $0 |
Tonya Bruce Chair | OfficerTrustee | 2 | $0 |
Carter Arey Natarajan Director | Trustee | 1 | $0 |
Leslie Clark Director | Trustee | 1 | $0 |
Royce Wolfe Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $128,944 |
| Related organizations | $0 |
| Government grants | $2,315,647 |
| All other contributions, gifts, grants, and similar amounts not included above | $843,582 |
| Noncash contributions included in lines 1a–1f | $128,952 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,288,173 |
| Total Program Service Revenue | $525,152 |
| Investment income | $33 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $84,144 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,897,502 |
| 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. | $110,385 |
| Compensation of current officers, directors, key employees. | $2,506 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,497,934 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $278,716 |
| Payroll taxes | $128,938 |
| 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 | $49,394 |
| Advertising and promotion | $5,040 |
| Office expenses | $200,541 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $3,344 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $199,072 |
| Insurance | $42,105 |
| All other expenses | $103,012 |
| Total functional expenses | $3,863,667 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $542,247 |
| Savings and temporary cash investments | $300,473 |
| Pledges and grants receivable | $15,000 |
| Accounts receivable, net | $417,929 |
| 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 | $4,766 |
| Net Land, buildings, and equipment | $3,657,594 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $83,466 |
| Total assets | $5,021,475 |
| Accounts payable and accrued expenses | $30,344 |
| 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 | $2,043,188 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $181,505 |
| Total liabilities | $2,255,037 |
| Net assets without donor restrictions | $1,614,941 |
| Net assets with donor restrictions | $1,151,497 |
| 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 | $5,021,475 |
Grants Recieved
Over the last fiscal year, we have identified 34 grants that Supportive Housing Communities Inc has recieved totaling $351,228.
| Awarding Organization | Amount |
|---|---|
The Merancas Foundation Inc Charlotte, NC PURPOSE: AFFORDABLE HOUSING FOR CHRONICALLY H | $100,000 |
United Way Of Greater Charlotte Charlotte, NC PURPOSE: RESTRICTED PROGRAM FUNDING TO ADVANCE CONTRACTED OUTCOMES | $65,484 |
Foundation For The Carolinas Charlotte, NC PURPOSE: CHARITABLE GIFT | $48,629 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $35,000 |
St Peters Hospital Foundation Inc Charlotte, NC PURPOSE: AID INDIGENT | $25,000 |
Crosland Foundation Charlotte, NC PURPOSE: SEE PART IV | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Southeastern Community Action Partnership Inc Lumberton, NC | $11,958,279 | $19,896,705 |
The Arc Of Southwest Georgia Inc Albany, GA | $6,771,229 | $11,186,192 |
North Carolina Justice Center Raleigh, NC | $7,153,656 | $8,035,969 |
Nuestros Pequenos Hermanosinternational Round Hill, VA | $4,147,042 | $6,283,043 |
The Orphanetwork Virginia Beach, VA | $3,197,466 | $6,293,778 |
Georgia Southern University Athletic Foundation Inc Statesboro, GA | $44,746,506 | $10,941,210 |
Camp Southern Ground Inc Fayetteville, GA | $42,360,262 | $6,762,157 |
Third Option Foundation Reston, VA | $24,876,503 | $12,300,421 |
Hope For Justice Inc Nashville, TN | $1,240,056 | $3,979,236 |
Supportive Housing Communities Inc Charlotte, NC | $5,021,475 | $3,897,502 |
The Green Chair Project Inc Raleigh, NC | $6,753,039 | $4,421,917 |
Transportation Management Assoc Group Franklin, TN | $1,822,075 | $3,775,674 |