Civic Intelligence

Housing Resources Inc.

990 • Fiscal year 2010 • EIN 38-2474879

Jan 01, 2010 to Dec 31, 2010 • Filed on Jul 27, 2011

420 E AlcottRoom/Suite 20049001
Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

51st percentile

0.15x

Higher debt load relative to assets than 51% of similar nonprofits.

2010 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2010

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2010

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2010

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2010

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2010

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

$4,764,150

No earlier filing loaded for comparison.

Net Assets

$4,047,983

No earlier filing loaded for comparison.

Liabilities

$716,167

No earlier filing loaded for comparison.

Revenue

-

No earlier filing loaded for comparison.

Expenses

$3,234,016

No earlier filing loaded for comparison.

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$15M$10M$5.0M$0Assets 2010: $4,764,150Liabilities 2010: $716,167Net Assets 2010: $4,047,9832010Assets 2011: $4,563,475Liabilities 2011: $126,151Net Assets 2011: $4,437,3242011Assets 2012: $5,884,854Liabilities 2012: $655,637Net Assets 2012: $5,229,2172012Assets 2013: $6,194,409Liabilities 2013: $197,396Net Assets 2013: $5,997,0132013Assets 2014: $6,305,711Liabilities 2014: $118,264Net Assets 2014: $6,187,4472014Assets 2015: $6,220,284Liabilities 2015: $96,052Net Assets 2015: $6,124,2322015Assets 2016: $6,479,254Liabilities 2016: $110,546Net Assets 2016: $6,368,7082016Assets 2017: $6,889,095Liabilities 2017: $123,907Net Assets 2017: $6,765,1882017Assets 2018: $6,800,802Liabilities 2018: $151,178Net Assets 2018: $6,649,6242018Assets 2019: $6,379,000Liabilities 2019: $96,708Net Assets 2019: $6,282,2922019Assets 2020: $7,409,707Liabilities 2020: $446,832Net Assets 2020: $6,962,8752020Assets 2021: $11,093,824Liabilities 2021: $3,358,928Net Assets 2021: $7,734,8962021Assets 2022: $10,872,162Liabilities 2022: $3,631,696Net Assets 2022: $7,240,4662022Assets 2023: $8,117,936Liabilities 2023: $1,120,569Net Assets 2023: $6,997,3672023Assets 2024: $8,859,004Liabilities 2024: $2,179,050Net Assets 2024: $6,679,9542024

Highlighted filing

2010

Assets$4,764,150
Liabilities$716,167
Net Assets$4,047,983

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$30M$20M$10M$0-$10MExpenses 2010: $3,234,0162010Expenses 2011: $2,566,5672011Expenses 2012: $2,896,8092012Revenue 2013: $3,958,110Expenses 2013: $3,363,441Net Income 2013: $594,6692013Revenue 2014: $3,109,508Expenses 2014: $2,897,477Net Income 2014: $212,0312014Revenue 2015: $2,914,650Expenses 2015: $2,910,137Net Income 2015: $4,5132015Revenue 2016: $3,004,680Expenses 2016: $2,779,288Net Income 2016: $225,3922016Revenue 2017: $3,628,213Expenses 2017: $3,288,654Net Income 2017: $339,5592017Revenue 2018: $3,380,431Expenses 2018: $3,373,089Net Income 2018: $7,3422018Revenue 2019: $3,537,029Expenses 2019: $4,141,077Net Income 2019: -$604,0482019Revenue 2020: $5,667,348Expenses 2020: $5,266,991Net Income 2020: $400,3572020Revenue 2021: $28,113,535Expenses 2021: $27,588,523Net Income 2021: $525,0122021Revenue 2022: $25,943,577Expenses 2022: $25,928,274Net Income 2022: $15,3032022Revenue 2023: $4,067,336Expenses 2023: $4,637,598Net Income 2023: -$570,2622023Revenue 2024: $2,856,824Expenses 2024: $3,323,913Net Income 2024: -$467,0892024

Highlighted filing

2010

Revenue-
Expenses$3,234,016
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2010 to Dec 31, 2010
Signed
Jul 27, 2011
Return Version
2010v3.2
Gross Receipts
$2,873,725
Mission and Program Overview

Mission

To assure housing for socially and economically vulnerable residents of kalamazoo county.

Major Activities

Activity 2
Hri eleanor house family shelter: the hri eleanor house family shelter focuses on rapidly re-housing kalamazoo county homeless families with children. As a gateway to the hri service continuum, the eleanor house assists hri in fulfilling its mission of assuring housing for socially and economically vulnerable residents of kalamazoo county. It provides round the clock, 24 hour staffing, 365 days a year, making the facility accessible to families who need shelter during evenings, weekends or holidays. The eleanor house family shelter specializes in serving two parent families, and male-headed households, in addition to the more common female-headed household. The eleanor house provides a home-like atmosphere where families can regain their footing and seek solutions to their housing crisis by staying together as a family unit. The eleanor house is complete with meals, community areas, resident telephone, laundry facilities, resident computer and children's play area. Residents work to resolve their housing crisis by developing and implementing homeless resolution action plans. Staff provide resources to residents such as casework services, housing search and community referrals. Staff pursue and maintain strong working relationships with mainstream service providers like the department of human services, local public school districts, community mental health and other providers of shelter services on behalf of residents.
Activity 3
Property oversight: in addition to the direct service component, hri is also partner in over 281 units of low income housing tax credit (lihtc). This partnership oversees four properties to ensure compliance with lihtc regulations, section 8, facility upkeep and overall property management functions. Direct property management is outsourced to an experienced and well reputable third party partner. Monthly administration includes: oversight of property financials, asset management, property enhancements and inspections.
Filing and Contact Details

Filer

EIN
38-2474879
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IRS990/Activity2/Description0HRI ELEANOR HOUSE FAMILY SHELTER: THE HRI ELEANOR HOUSE FAMILY SHELTER FOCUSES ON RAPIDLY RE-HOUSING KALAMAZOO COUNTY HOMELESS FAMILIES WITH CHILDREN. AS A GATEWAY TO THE HRI SERVICE CONTINUUM, THE ELEANOR HOUSE ASSISTS HRI IN FULFILLING ITS MISSION OF ASSURING HOUSING FOR SOCIALLY AND ECONOMICALLY VULNERABLE RESIDENTS OF KALAMAZOO COUNTY. IT PROVIDES ROUND THE CLOCK, 24 HOUR STAFFING, 365 DAYS A YEAR, MAKING THE FACILITY ACCESSIBLE TO FAMILIES WHO NEED SHELTER DURING EVENINGS, WEEKENDS OR HOLIDAYS. THE ELEANOR HOUSE FAMILY SHELTER SPECIALIZES IN SERVING TWO PARENT FAMILIES, AND MALE-HEADED HOUSEHOLDS, IN ADDITION TO THE MORE COMMON FEMALE-HEADED HOUSEHOLD. THE ELEANOR HOUSE PROVIDES A HOME-LIKE ATMOSPHERE WHERE FAMILIES CAN REGAIN THEIR FOOTING AND SEEK SOLUTIONS TO THEIR HOUSING CRISIS BY STAYING TOGETHER AS A FAMILY UNIT. THE ELEANOR HOUSE IS COMPLETE WITH MEALS, COMMUNITY AREAS, RESIDENT TELEPHONE, LAUNDRY FACILITIES, RESIDENT COMPUTER AND CHILDREN'S PLAY AREA. RESIDENTS WORK TO RESOLVE THEIR HOUSING CRISIS BY DEVELOPING AND IMPLEMENTING HOMELESS RESOLUTION ACTION PLANS. STAFF PROVIDE RESOURCES TO RESIDENTS SUCH AS CASEWORK SERVICES, HOUSING SEARCH AND COMMUNITY REFERRALS. STAFF PURSUE AND MAINTAIN STRONG WORKING RELATIONSHIPS WITH MAINSTREAM SERVICE PROVIDERS LIKE THE DEPARTMENT OF HUMAN SERVICES, LOCAL PUBLIC SCHOOL DISTRICTS, COMMUNITY MENTAL HEALTH AND OTHER PROVIDERS OF SHELTER SERVICES ON BEHALF OF RESIDENTS.
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IRS990/Activity3/Description0PROPERTY OVERSIGHT: IN ADDITION TO THE DIRECT SERVICE COMPONENT, HRI IS ALSO PARTNER IN OVER 281 UNITS OF LOW INCOME HOUSING TAX CREDIT (LIHTC). THIS PARTNERSHIP OVERSEES FOUR PROPERTIES TO ENSURE COMPLIANCE WITH LIHTC REGULATIONS, SECTION 8, FACILITY UPKEEP AND OVERALL PROPERTY MANAGEMENT FUNCTIONS. DIRECT PROPERTY MANAGEMENT IS OUTSOURCED TO AN EXPERIENCED AND WELL REPUTABLE THIRD PARTY PARTNER. MONTHLY ADMINISTRATION INCLUDES: OVERSIGHT OF PROPERTY FINANCIALS, ASSET MANAGEMENT, PROPERTY ENHANCEMENTS AND INSPECTIONS.
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IRS990/Description0THE HRI HOUSING PLUS SERVICES PROGRAM: THE HRI HOUSING PLUS SERVICES PROGRAM, DESIGNS AND DELIVERS SERVICES FOR HOUSEHOLDS OVERWHELMED BY PERSONAL OR ECONOMIC CRISIS. PROGRAM STAFF REGULARLY COLLABORATES WITH OTHER RELATED COMMUNITY AGENCIES IN ORDER TO SUSTAIN AFFORDABLE HOUSING IN KALAMAZOO COUNTY. THIS PAST YEAR BROUGHT A MAJOR SHIFT IN THE MANNER STATE AND FEDERAL GOVERNMENTS FUND HOMELESS ASSISTANCE PROGRAMS. NOW MANDATING A SINGLE LEAD AGENCY/FIDUCIARY, HRI WAS SELECTED BY LOCAL FUNDERS AND SERVICE PROVIDERS ALIKE TO PERFORM THIS ROLE FOR KALAMAZOO COUNTY. THIS REQUIRES HRI TO ALLOCATE AND MONITOR FUNDING RECEIVED ON BEHALF OF THE ENTIRE COMMUNITY. WITHOUT HRI FULFILLING THIS ROLE, SEVERAL MILLION DOLLARS IN FUNDING TO OUR COMMUNITY WOULD BE LOST AND REDIRECTED TO OTHER COMMUNITIES ACROSS MICHIGAN. HRI PROVIDES: --CENTRALIZED INTAKE AND ASSESSMENT: HRI IS THE COMMUNITY'S PRIMARY CLEARINGHOUSE FOR HOUSING SOLUTIONS OFFERING A CENTRALIZED PROCESS TO ASSIST HOMELESS OR AT-RISK HOUSEHOLDS. HRI WORKS WITH COMMUNITY PARTNERS TO LEVERAGE AND COORDINATE COMMUNITY RESOURCES TO ENSURE EFFECTIVE SHELTER DIVERSION AND RAPID RE-HOUSING. HRI IN CONJUNCTION WITH GRYPHON PLACE 2-1 -1 PRIORITIZE HOUSEHOLDS BASED ON THE SEVERITY OF THEIR HOUSING CRISIS, AND DETERMINES THE MOST APPROPRIATE RESPONSE FOR THE SITUATION PRESENTED. SPECIFIC HOUSING ASSESSMENT AND RESOURCE AGENCY ACTIVITIES INCLUDE: "ARRANGING, COORDINATING, LINKING AND MONITORING THE DELIVERY OF SERVICES THAT ASSIST PARTICIPANTS TO OBTAIN AND SUSTAIN HOUSING STABILITY; "MONITORING PROGRAM PARTICIPANT PROGRESS, "ASSURING THAT THE RIGHTS OF PARTICIPANTS ARE PROTECTED, "DEVELOPING INDIVIDUAL HOUSING PLANS, AND "HOUSING SEARCH AND PLACEMENT ACTIVITIES. --HOMELESS PREVENTION: HRI IS KALAMAZOO COUTNY'S LEAD PRIVATE AGENCY FOCUSING ON REDUCING EVICTIONS FOR LOW INCOME RESIDENTS. NEW IN 2010 HRI PLAYS A CENTRAL ROLE IN THE NEWLY CREATED KALAMAZOO COUNTY EVICTION DIVERSION PARTNERSHIP OFFERING ON-SITE SERVICES AT THE COURT AND FINANCIAL RESOURCES TO AVOID HOMELESSNESS AND REOCCURRENCE OF EVICTION. THIS TRULY UNIQUE COLLABORATIVE BRINGS TOGETHER LANDLORDS, TENANTS, SUPPORT SERVICES AND THE COURTS WITHIN A SEAMLESS PROCESS TO PRESERVE EXISTING HOUSING WHEN EVER POSSIBLE. IMPROVED SERVICES INCLUDE THE START-UP OF THE EVICTION DIVERSION PARTNERSHIP AND CO-LOCATION OF STAFF AT THE 8TH DISTRICT COURT, THE CREATION OF THE WEEKLY COMMUNITY HOUSING HOUR AND COUNTY-WIDE CENTRAL INTAKE AND ASSESSMENT PROCESS IN ADDITION TO ONGOING BENEFITS FROM HRI'S RELOCATION TO THE GOODWILL HUMAN SERVICES CAMPUS. --RAPID RE-HOUSING: HRI HAS A LONG STANDING COMMITMENT TO RAPIDLY EXIT HOMELESS HOUSEHOLDS FROM A SHELTER OR UNSUSTAINABLE HOUSING SITUATION TO NEW HOUSING IN THE HOPES OF ELIMINATING REPEAT EPISODES OF HOMELESSNESS. GIVEN THE COMPLEX NEEDS OF THESE VULNERABLE HOUSEHOLDS MORE INTENSIVE INTERVENTION IS PROVIDED FOR UP TO EIGHTEEN MONTHS IN SUPPORT OF TRANSITION TO INDEPENDENCE (TRANSITIONAL HOUSING). --PERMANENT SUPPORTIVE HOUSING: 40 (AN ADDITIONAL 5 UNITS WERE AWARDED IN 2010 FROM HUD) SCATTERED-SITE RENTAL UNITS FOR HOMELESS FAMILIES WHERE THE HEAD OF HOUSEHOLD HAS A LONG TERM DISABILITY. A PERMANENT RENTAL HOUSING SUBSIDY PROVIDES PARTICIPANTS WITH ONGOING SUPPORTIVE SERVICES. CLIENTS ESTABLISH INDIVIDUAL GOALS AND WORK TOWARD ACCOMPLISHING THEM WITH ASSISTANCE WITH HRI STAFF AND PARTNERING AGENCIES. WITH FINANCIAL PRESSURES REDUCED, PARTICIPANTS ARE PROVIDED A CONSTRUCTIVE AND SUPPORTIVE ENVIRONMENT TO INCREASE THE SKILLS AND EMOTIONAL STABILITY NEEDED TO BUILD INDEPENDENT LIVES. FOR FAMILIES CHRONICALLY VULNERABLE TO HOUSING INSTABILITY AND REPEAT EPISODES OF HOMELESSNESS THE COMBINATION OF PERMANENT, VERSUS TEMPORARY, HOUSING SUBSIDIES AND SUPPORTIVE SERVICES IS VERY EFFECTIVE.
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IRS990ScheduleA/Total170/Total010107598
IRS990ScheduleA/TotalSupport010461260
IRS990ScheduleB/ContributorInfo/AggregateContributions0RESTRICTED
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IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/City0RESTRICTED
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IRS990ScheduleD/BoardDesignatedEOYBalance00.49000
IRS990ScheduleD/CurrentYear/AdministrativeExpenses03719
IRS990ScheduleD/CurrentYear/BeginningOfYearBalance0579593
IRS990ScheduleD/CurrentYear/Contributions09400
IRS990ScheduleD/CurrentYear/EndOfYearBalance0631631
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IRS990ScheduleD/CurrentYearMinus2Years/InvestmentEarningsOrLosses0-167038
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IRS990ScheduleD/DisclosedOrgsLegalControl0false
IRS990ScheduleD/EndowmentsHeldByRelatedOrgs0false
IRS990ScheduleD/EndowmentsHeldByUnrelatedOrgs0true
IRS990ScheduleD/Equipment/BookValue0492375
IRS990ScheduleD/Equipment/Depreciation0355265
IRS990ScheduleD/Equipment/OtherCostOrOtherBasis0847640
IRS990ScheduleD/ExcessOrDeficitForYear0-360291
IRS990ScheduleD/ExcessOrDeficitPerFS0-360291

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.86$2.18$6.68$2.86$3.32$0.47
2023Detailed filing. Detailed filing data is available for this year.$8.12$1.12$7.00$4.07$4.64$0.57
2022Detailed filing. Detailed filing data is available for this year.$10.9$3.63$7.24$25.9$25.9$0.02
2021Detailed filing. Detailed filing data is available for this year.$11.1$3.36$7.73$28.1$27.6$0.53
2020Detailed filing. Detailed filing data is available for this year.$7.41$0.45$6.96$5.67$5.27$0.40
2019Detailed filing. Detailed filing data is available for this year.$6.38$0.10$6.28$3.54$4.14$0.60
2018Detailed filing. Detailed filing data is available for this year.$6.80$0.15$6.65$3.38$3.37$0.01
2017Detailed filing. Detailed filing data is available for this year.$6.89$0.12$6.77$3.63$3.29$0.34
2016Detailed filing. Detailed filing data is available for this year.$6.48$0.11$6.37$3.00$2.78$0.23
2015Detailed filing. Detailed filing data is available for this year.$6.22$0.10$6.12$2.91$2.91$0.00
2014Detailed filing. Detailed filing data is available for this year.$6.31$0.12$6.19$3.11$2.90$0.21
2013Detailed filing. Detailed filing data is available for this year.$6.19$0.20$6.00$3.96$3.36$0.59
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.88$0.66$5.23$2.90
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.56$0.13$4.44$2.57
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.76$0.72$4.05$3.23