Shared Housing Center Inc
- Assets
- $5.0m
- Revenue
- $3.6m
- Investments
- $0.0
- Employees
- 11
- Location
- Dallas, TX
- Founding
- 03/1987
- Data as of
- 12/2022
- EIN
- 75-2137522
Organization Overview
Shared Housing Center Inc is located in Dallas, TX. The organization was established in 1987. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, under the broad grouping of Housing & Shelter and related organizations. As of 12/2022, Shared Housing Center Inc employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Shared Housing Center 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 12/2022, Shared Housing Center Inc generated $3.6m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 17.0% each year . All expenses for the organization totaled $784.7k during the year ending 12/2022. While expenses have increased by 0.4% per year over the past 8 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
TO PROVIDE AND FACILITATE AFFORDABLE HOUSING OPTIONS AND SUPPORTIVE SERVICES THAT FOSTER INDEPENDENCE, EMPOWERMENT, AND SELF-WORTH AND TO SERVE A MULTICULTURAL, INTERGENERATIONAL POPULATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GROUP RESIDENCE FACILITIES HOUSE SINGLE WOMEN WITH SMALL CHILDREN AND OLDER ADULTS. THROUGH OUR PARTNERSHIP EFFORTS, WE ARE ABLE TO OFFER DAYCARE, MENTAL HEALTH COUNSELING AND LIFE SKILLS TRAINING. ADULTS HAVE THE OPPORTUNITY TO IMPROVE THEIR EDUCATION AND EMPLOYMENT SKILLS, BUDGET MANAGEMENT, COMPUTER KNOWLEDGE, AND ENHANCED PARENTING SKILLS. CHILDREN ARE ENRICHED WITH AFTER-SCHOOL PROGRAMS, MONTHLY LITERACY PROGRAMS AND RECREATIONAL, EDUCATIONAL AND SOCIAL SERVICES. TRANSITIONAL IN SETTING, THE GOAL OF THE PROGRAM IS FOR OUR FAMILIES TO BECOME SELF-SUFFICIENT, STABLE AND INDEPENDENT. WE ASSISTED 36 FAMILIES WITH WOMEN AND CHILDREN AND ENJOY A HIGH SUCCESS RATE.
IN PARTNERSHIP WITH THE CITY OF DALLAS AND DALLAS HOUSING AUTHORITY (DHA), SHARED HOUSING PROVIDES RAPID REHOUSING TO HOMELESS FAMILIES AND HOMELESS SENIOR CITIZENS AND DISABLED INDIVIDUALS USING DHA APARTMENTS. CLIENTS HAVE ACCESS TO OUR FOOD PANTRY, COMPUTER LAB, AND DONATION ROOM OF CLOTHING, SHOES, ETC. THIS PROGRAM ASSISTED 85 FAMILIES IN 2022.
HOMESHARE FACILITATES ARRANGEMENTS BETWEEN INDIVIDUALS IN DALLAS COUNTY WHO HAVE MORE HOUSING THAN THEY NEED WITH PEOPLE AND/OR FAMILIES IN NEED OF HOUSING. SERVICES INCLUDE CAREFUL SCREENING, CRIMINAL BACKGROUND AND REFERENCE CHECKS, HOME VISITS, ASSISTANCE WITH THE HOUSEMATCH TRIAL PERIOD AND ONGOING ASSISTANCE TO ASSURE THE SUCCESS OF THE MATCH, REMATCH ASSISTANCE IF NEEDED, AND INFORMATION AND REFERRAL TO OTHER SERVICES WHEN APPROPRIATE. IN 2022, THIS PROGRAM FACILIATED NEW HOMESHARE ARRANGEMENTS, ASSISTING 32 INDIVIDUALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rebecca Caballero Director | Trustee | 2 | $0 |
Scott Evans Director | Trustee | 2 | $0 |
Denise Mcelroy President | OfficerTrustee | 2 | $0 |
Kristopher Cartagena Treasurer | OfficerTrustee | 2 | $0 |
Neil R Burger Secretary | OfficerTrustee | 2 | $0 |
Angel Guerrero Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $374,004 |
| All other contributions, gifts, grants, and similar amounts not included above | $230,991 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $604,995 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,957,789 |
| Net Income from Fundraising Events | $709 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,563,493 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $234,475 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $71,000 |
| Compensation of current officers, directors, key employees. | $26,211 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $213,952 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $35,899 |
| 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 | $31,732 |
| Advertising and promotion | $0 |
| Office expenses | $33,333 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $64,837 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $45,087 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $19,320 |
| Insurance | $33,814 |
| All other expenses | $0 |
| Total functional expenses | $784,743 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,491,482 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $13,055 |
| 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 | $3,452,472 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,957,009 |
| Accounts payable and accrued expenses | $1,648 |
| 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 | $380,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $12,987 |
| Total liabilities | $394,635 |
| Net assets without donor restrictions | $4,465,282 |
| Net assets with donor restrictions | $97,092 |
| 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 | $4,957,009 |