Welcome Housing Corporation
- Assets
- $687.7k
- Revenue
- -$70.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Convington, KY
- Founding
- 12/1994
- Data as of
- 12/2021
- EIN
- 61-1249853
Organization Overview
Welcome Housing Corporation is located in Convington, KY. The organization was established in 1994. According to its NTEE Classification (L99) the organization is classified as: Housing & Shelter N.E.C., under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Welcome Housing Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
OUR VISION IS TO BE A LEADER IN GUIDING CLIENTS FROM HOUSING UNCERTAINTY TO HOUSING STABILITY. WE ACCOMPLISH THIS THROUGH THE SERVICES WE PROVIDE, SUCH AS HOUSING, SERVICE COORDINATION, AND OUTREACH & STABILITY. OUR MISSION IS TO PROVIDE A CONTINUUM OF SERVICES THAT WILL END HOMELESSNESS AND PROMOTE STABILITY FOR EACH PERSON WE SERVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE GARDENS AT GREENUP IS A SUPPORTIVE HOUSING PROGRAM COMBINING 20 UNITS OF AFFORDABLE HOUSING WITH ON-SITE SUPPORTIVE SERVICES FOR FORMERLY HOMELESS FAMILIES WORKING TOWARDS ECONOMIC SELF-SUFFICIENCY. THE PROGRAM ALLOWS ITS RESIDENTS A STRUCTURED ENVIRONMENT TO BUILD LIFE AND PARENTING SKILLS, PURSUE EDUCATIONAL AND TRAINING OPPORTUNITIES TO ENHANCE EMPLOYMENT OPPORTUNITIES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Virginia Tallent Chair | OfficerTrustee | 1 | $0 |
Marie Schenkel Secretary/treasurer | OfficerTrustee | 1 | $0 |
Jason Spaulding Vice Chair | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $12,046 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,046 |
| Total Program Service Revenue | $4,534 |
| Investment income | $18 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$107,035 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | -$70,712 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $310 |
| 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 | $0 |
| Office expenses | $109 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,315 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $51,562 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $58,795 |
| Insurance | $2,149 |
| All other expenses | $0 |
| Total functional expenses | $118,355 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $687,743 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $687,743 |
| Accounts payable and accrued expenses | $1,500 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,448,570 |
| Total liabilities | $1,450,070 |
| Net assets without donor restrictions | -$762,327 |
| Net assets with donor restrictions | $0 |
| 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 | $687,743 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Arlington Of Naples Arlington Heights, IL | $121,796,918 | $23,712,777 |
Achievement Unlimited Inc Galesburg, IL | $34,667,403 | $31,696,526 |
The Mcgregor Foundation East Cleveland, OH | $138,199,971 | $25,774,017 |
Ctf Illinois Orland Park, IL | $14,323,596 | $25,057,116 |
Village At Marymount Garfield Heights, OH | $5,352,973 | $16,703,874 |
Center For Housing And Health Chicago, IL | $3,048,076 | $18,275,784 |
Covenant Home Services Skokie, IL | $4,392,429 | $19,945,010 |
King-Bruwaert House Burr Ridge, IL | $65,181,853 | $13,001,524 |
Housing Forward Maywood, IL | $3,739,938 | $13,235,796 |
Hephzibah Childrens Association Oak Park, IL | $12,105,627 | $12,068,031 |
Metropolitan Lutheran Ministry Kansas City, MO | $5,622,627 | $11,500,052 |
Healing Place Inc Louisville, KY | $37,666,074 | $13,853,449 |