North Bay Housing Coalition
- Assets
- $22.2m
- Revenue
- $971.6k
- Investments
- $21.0m
- Employees
- 1
- Location
- Fairfield, CA
- Founding
- 07/1993
- Data as of
- 12/2022
- EIN
- 68-0299806
Organization Overview
North Bay Housing Coalition is located in Fairfield, CA. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. North Bay Housing Coalition 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 12/2022, North Bay Housing Coalition generated $971.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.9% each year . All expenses for the organization totaled $1.0m during the year ending 12/2022. While expenses have increased by 8.5% 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
INCREASE AFFORDABLE HOUSING FOR INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES AND THEIR FAMILIES. MANAGE A POOLED SPECIAL NEED TRUST FOR BENEFIT OF CALIFORNIANS WITH DISABILITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE GOLDEN STATE POOLED TRUST (GSPT) WAS CREATED BY THE ORGANIZATION IN 2004. SINCE ITS INCEPTION, IT HAS GROWN TO SERVE OVER 500 BENEFICIARIES WITH A TOTAL TRUST CORPUS OF $22,271,252 AS OF 12/31/2021. IT PROVIDES BOTH RELIABLE ASSET MANAGEMENT AND CONTINUED ELIGIBILITY FOR GOVERNMENT BENEFITS, SUCH AS: SUPPLEMENTAL SECURITY INCOME (SSI), MEDI-CAL, AND IN HOME SUPPORT SERVICES.GSPT HOLDS PROCEEDS FROM A LAWSUIT OR INHERITANCE OR OTHER SOURCES WHICH IS CRITICALIF:1.SUDDEN AVAILABILITY OF FUNDS WILL PREVENT A DISABLED INDIVIDUAL FROM QUALIFYINGFOR ESSENTIAL PUBLIC BENEFITS.2.THE AWARD RECIPIENT REQUIRES ONGOING CARE OR ADVOCACY FOR AN EXTENDED PERIOD.3.THE AWARD WILL BE EXHAUSTED QUICKLY IN ORDER TO MEET MEDICAL EXPENSES WHICH WOULDOTHERWISE BE PAYABLE BY MEDI-CAL, AND THE RECIPIENT HAS NO OTHER MEANS OF SUPPORTTO MEET HIS OR HER NEEDS.POOLED SPECIAL NEEDS TRUSTS ARE AN EFFECTIVE MANAGEMENT TOOL FOR LITIGATION,UNEXPECTED INHERITANCES OR OTHER TYPES OF PROCEEDS WHEN PRESERVATION OF BENEFITS IS,OR IN THE FUTURE, MAY BE, ESSENTIAL TO THE WELL-BEING OF THE INDIVIDUAL.FUNDS HELD IN A PROPERLY DRAFTED POOLED SPECIAL NEEDS TRUST, SUCH AS THE GSPT, WILLNOT COUNT AS A RESOURCE FOR PURPOSES OF QUALIFYING FOR SSI, MEDI-CAL OR IN HOMESUPPORT SERVICES (IHSS).IT IS VERY IMPORTANT TO STRIKE A BALANCE BETWEEN THE NEED TO MAINTAIN PUBLIC BENEFITS AND THE BURDEN OF THE RESTRICTIONS INHERENT IN SPECIAL NEEDS TRUSTS. THE CHIEF RESTRICTION OF A SPECIAL NEEDS TRUST IS THAT THE DISABLED PERSON (THE "BENEFICIARY" OF THE TRUST) LOSES CONTROL OF THE FUNDS. MOREOVER, CASH CANNOT BE GIVEN DIRECTLY TO THE BENEFICIARY. INSTEAD THE TRUSTEE MUST PAY FOR THE SERVICES ANDGOODS DIRECTLY. THE BURDENSOMENESS OF THESE RESTRICTIONS CAN BE MINIMIZED WITH THEUSE OF TRUSTEES AND ADVISORS WHO ARE TRAINED AND EXPERIENCED IN MANAGING SPECIALNEEDS TRUSTS.GOLDEN STATE POOLED TRUST IS AN APPROPRIATE OPTION THAT CAN PROTECT THE LITIGATIONPROCEEDS IN ORDER TO PROVIDE FOR THE BENEFICIARY'S WELL-BEING, AS WELL AS PROVIDERELIABLE ASSET MANAGEMENT AND ADVOCACY FOR THE TRUST BENEFICIARY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Eble Executive Dir. | Officer | 40 | $78,962 |
Nancy Gardner President | Trustee | 2 | $0 |
Elizabeth Clary V. Pres./treas. | Trustee | 2 | $0 |
Eric Martin Director | Trustee | 2 | $0 |
Bill Allen Director | Trustee | 2 | $0 |
John Shea Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $639,145 |
| All other contributions, gifts, grants, and similar amounts not included above | $17,920 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $657,065 |
| Total Program Service Revenue | $314,562 |
| Investment income | $6 |
| 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 | $971,633 |
| 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. | $78,962 |
| Compensation of current officers, directors, key employees. | $8,390 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $12,575 |
| Payroll taxes | $5,636 |
| 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 | $515,547 |
| Advertising and promotion | $0 |
| Office expenses | $6,039 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $42,553 |
| Travel | $5,437 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $18,284 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $50,508 |
| Insurance | $22,248 |
| All other expenses | $39,597 |
| Total functional expenses | $1,049,989 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $50,077 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $80,499 |
| 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 | $2,110 |
| Net Land, buildings, and equipment | $1,132,753 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $20,962,960 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1 |
| Total assets | $22,228,400 |
| Accounts payable and accrued expenses | $116,775 |
| Grants payable | $0 |
| Deferred revenue | $45,748 |
| 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 | $1,206,790 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $20,962,960 |
| Total liabilities | $22,332,273 |
| Net assets without donor restrictions | -$103,873 |
| 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 | $22,228,400 |