Overview
What is Housing First Steps Forward Inc?
Housing First Steps Forward Inc, located in Tampa, Florida, is a dedicated nonprofit organization focused on providing permanent housing and support services for the chronically homeless adult population in Hillsborough County. Established in 2014, they have expanded their operations by opening various apartment complexes, including Orchid Cove, Southland, Manchester, and Greenwood, and recently purchasing the Youngston apartment building. Currently, they manage a total of 127 operating units, catering to the homeless population's housing needs. As of December 31, 2022, their occupancy rates range from 79% to 96%, indicating a steady demand for their services. The organization's mission is to offer a stable living environment and necessary support to help individuals overcome their homelessness challenges.
What are the reviews and ratings of this charity?
Charity Navigator Rating 94%
Housing First Steps Forward Inc has earned a Four-Star out of Four Star rating from Charity Navigator, reflecting a strong performance in the realm of accountability and finance. With a score of 94%, the organization demonstrates a commitment to transparency and efficient management of its resources, which is vital for donor trust and support.
The organization showcases significant strengths, including an independent board composed of 75% members, a low liabilities to assets ratio of 50.33%, and a robust program expense ratio of 84.31%. This indicates that a large portion of their expenditures directly supports their programs, enhancing their overall effectiveness in addressing housing issues.
There are no significant limitations noted in the assessment data, indicating that Housing First Steps Forward Inc maintains a solid operational foundation with effective governance practices in place, such as documented conflict of interest and whistleblower policies. This strong governance framework further reinforces their credibility and commitment to their mission.
This AI summary has been generated from information found on Charity Navigator.
Is Housing First Steps Forward Inc legitimate?
Housing First Steps Forward Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Housing First Steps Forward Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $133,241
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What is the mission statement of Housing First Steps Forward Inc?
Housing First Steps Forward Inc is committed to providing permanent housing and support services for the chronically homeless adult population. Their mission is to offer a stable living environment and necessary assistance to this vulnerable group, aiming to improve their overall well-being. The organization has established several housing facilities, including Orchid Cove Apartments, Southland Apartments, Manchester Apartments, and Greenwood Apartments, with a total of 127 operating units as of December 31, 2022. Their efforts have resulted in high occupancy rates, with 95% at Orchid Cove Apartments, 96% at Southland Apartments, 81% at Manchester, and 79% at Greenwood Apartments, demonstrating their success in meeting the housing needs of the chronically homeless population.
Who is the CEO of Housing First Steps Forward Inc?
David H Reed is the President of Housing First Steps Forward Inc.
What is the revenue of Housing First Steps Forward Inc?
Housing First Steps Forward Inc's revenue in 2022 was $3,237,930.
Who are the executives of Housing First Steps Forward Inc and what are their salaries?
Here are 4 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
Where can I find the form 990 for Housing First Steps Forward Inc?
Housing First Steps Forward Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Housing First Steps Forward Inc
Housing First Steps Forward Inc is committed to offering permanent housing and support services for the chronically homeless adult population. Their mission is to provide a sanctuary and essential resources for individuals who have faced long-term homelessness, aiming to assist them in rebuilding their lives and achieving stability. The organization has opened several facilities over the years, including Orchid Cove Apartments, Southland Apartments, Manchester Apartments, and Greenwood Apartments. Currently, they operate 127 units across these locations, providing a home for a significant number of chronically homeless adults. Housing First Steps Forward Inc's dedication to this cause is evident in their high occupancy rates, with Orchid Cove Apartments reaching 95%, Southland Apartments at 96%, Manchester at 81%, and Greenwood Apartments at 79% as of December 31, 2022. Their continued operation and success in housing these individuals demonstrates their unwavering commitment to supporting the chronically homeless population.
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Impact
July, 2024
Housing First Steps Forward Inc has made a significant impact in providing permanent housing and support services for the chronically homeless adult population in Hillsborough County. Through the establishment of multiple housing facilities such as Orchid Cove Apartments, Southland Apartments, Manchester Apartments, and Greenwood Apartments, the organization has been able to offer a total of 127 operating units to those in need.
By maintaining high occupancy rates at these locations, Housing First Steps Forward Inc has demonstrated its effectiveness in addressing homelessness in the community. The rehabilitation of Youngstown Apartments further shows the organization's commitment to expanding its impact and reaching more individuals in need of stable housing solutions.
Overall, Housing First Steps Forward Inc's efforts have had a tangible, direct impact on improving the lives of the chronically homeless population in Hillsborough County by providing them with the necessary housing and support services to help them rebuild their lives.
This information is meant to be a general summary of Housing First Steps Forward Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,098
- Program Service Revenue: $1,205,678
- Gross Receipts: $3,237,930
Assets and Liabilities:
- Total Assets: $11,154,275
- Total Liabilities: $5,614,303
- Net Assets: $5,539,972
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HOMELESS HOUSING RENT
Revenue
$1,205,678
Organization Details
Founding Year
2013
Phone
(813) 202-8128Principal Officer
David H Reed
Main Address
1414 WEST SWANN AVENUE SUITE 100, TAMPA, FL, 33606
NTEE Category
Code: L40 - Housing
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