True North Housing Alliance Inc
- Assets
- $3.2m
- Revenue
- $2.6m
- Investments
- $0.0
- Employees
- 60
- Location
- Chico, CA
- Founding
- 01/2001
- Data as of
- 09/2021
- EIN
- 68-0440819
Organization Overview
True North Housing Alliance Inc, operating under the name Torres Shelter, is located in Chico, CA. The organization was established in 2001. According to its NTEE Classification (L41) the organization is classified as: Homeless Shelters, under the broad grouping of Housing & Shelter and related organizations. As of 09/2021, Torres Shelter employed 60 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Torres Shelter 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 09/2021, Torres Shelter generated $2.6m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 20.2% each year . All expenses for the organization totaled $2.6m during the year ending 09/2021. While expenses have increased by 20.5% 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
CHICO COMMUNITY SHELTER PARTNERSHIP PROVIDES SHELTER AND OTHER RELATED SOCIAL SERVICES TO INDIVIDUALS WHO ARE EXPERIENCING HOMELESSNESS. THE ORGANIZATION OWNS AND OPERATES THE TORRES COMMUNITY SHELTER IN CHICO, CALIFORNIA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING SHELTER AND OTHER RELATED SOCIAL SERVICES TO INDIVIDUALS WHO ARE EXPERIENCING HOMELESSNESS. THE ORGANIZATION OWNS AND OPERATES THE TORRES COMMUNITY SHELTER IN CHICO, CALIFORNIA.
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 |
|---|---|---|---|
Joy Amaro Executive Dir. | Officer | 40 | $47,808 |
Tim Vanderheiden Chair | Trustee | 1 | $0 |
Robert Sprague Board Member | Trustee | 1 | $0 |
Jim Morgan Board Member | Trustee | 1 | $0 |
David Zeichick Board Member | Trustee | 1 | $0 |
Kristin Cooper Carter Vice Chair | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $71,205 |
| Related organizations | $0 |
| Government grants | $1,589,254 |
| All other contributions, gifts, grants, and similar amounts not included above | $523,271 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,183,730 |
| Total Program Service Revenue | $263,785 |
| Investment income | $10,827 |
| 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 | $2,633,482 |
| 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. | $65,308 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,118,365 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $21,623 |
| Payroll taxes | $114,990 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,108 |
| Fees for services: Accounting | $28,560 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $9,662 |
| Advertising and promotion | $592 |
| Office expenses | $27,451 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $589,304 |
| Travel | $5,096 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $42,799 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $69,590 |
| Insurance | $81,072 |
| All other expenses | $59,257 |
| Total functional expenses | $2,640,917 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $871,676 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $318,185 |
| 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 | $5,035 |
| Net Land, buildings, and equipment | $1,860,280 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $95,167 |
| Total assets | $3,150,343 |
| Accounts payable and accrued expenses | $141,162 |
| Grants payable | $0 |
| Deferred revenue | $759,569 |
| 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 | $1,280,456 |
| Unsecured mortgages and notes payable | $265,548 |
| Other liabilities | $300,077 |
| Total liabilities | $2,746,812 |
| Net assets without donor restrictions | $370,784 |
| Net assets with donor restrictions | $32,747 |
| 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 | $3,150,343 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that True North Housing Alliance Inc has recieved totaling $107,350.
| Awarding Organization | Amount |
|---|---|
North Valley Community Foundation Chico, CA PURPOSE: DISASTER RELIEF | $87,194 |
North Valley Community Foundation Chico, CA PURPOSE: GENERAL SUPPORT | $20,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $156 |
Endowment Analysis
| Beg. Balance | $56,736 |
| Earnings | $10,763 |
| Ending Balance | $67,499 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Orange County Rescue Mission Inc Tustin, CA | $68,598,932 | $34,318,569 |
Shelter Inc Concord, CA | $14,444,332 | $21,530,611 |
Weingart Center Association Los Angeles, CA | $33,365,091 | $18,847,886 |
Los Angeles Mission Inc Los Angeles, CA | $38,073,711 | $20,929,973 |
S V D P Management Inc San Diego, CA | $126,946,951 | $29,252,283 |
Dolores Street Community Services Inc San Francisco, CA | $11,206,108 | $14,606,522 |
Central Arizona Shelter Services Inc Phoenix, AZ | $14,727,580 | $22,356,024 |
American Family Housing Midway City, CA | $30,863,211 | $13,031,401 |
Harbor Interfaith Services Inc San Pedro, CA | $13,082,815 | $12,163,087 |
Good Samaritan Shelter Santa Maria, CA | $20,024,181 | $13,355,686 |
Building Opportunities For Self- Sufficiency Berkeley, CA | $8,821,046 | $11,844,747 |
East Oakland Community Project Oakland, CA | $11,201,833 | $9,075,354 |