Overview
What is Matrix Housing Services?
Matrix Housing Services is a nonprofit organization situated in Minneapolis, Minnesota, dedicated to helping individuals experiencing homelessness. Their primary mission is to provide top-notch programs and comprehensive services, aiming to improve the lives of those in need. In 2019, their emergency shelter served 199 individuals in Dakota County, offering a safe environment, food, and case management support services. During the COVID-19 pandemic, they transitioned shelter operations to a hotel, providing non-congregate shelter. The Matrix Resource Center, on average, served 30 people daily, offering essential services such as breakfast and lunch, showers, laundry, case management support, and a safe space during weekdays. Guests had access to phones and computers to support job and housing searches. The organization employs 22 individuals, reflecting their commitment to addressing homelessness.
Official website here: www.matrixhousingservices.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars (51%)
Matrix Housing Services has received a low rating of 51%, earning it a One-Star designation from Charity Navigator. This rating indicates significant concerns regarding the organization's accountability and financial practices. The organization's governance appears to be weak, with no independent board members and poor financial statements, which raises questions about its operational transparency.
Despite the low score, Matrix Housing Services does demonstrate some strengths, such as a solid program expense ratio and compliance with several governance policies, including conflict of interest and whistleblower policies. However, the absence of independent oversight and transparency in financial reporting indicates potential risks for stakeholders and donors.
The organization has a material diversion of assets score, which is a positive sign, yet its liabilities to assets ratio and the failure to publish financial documents on its website are notable deficiencies. This combination of strengths and weaknesses suggests that while Matrix Housing Services is committed to its mission, it may need to address significant governance and financial management issues to enhance its overall effectiveness and donor trust.
This AI summary has been generated from information found on Charity Navigator.
Is Matrix Housing Services legitimate?
Matrix Housing Services is a legitimate nonprofit organization registered as a 501(c)(3) entity. Matrix Housing Services 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: $195,111
Professional Fundraising Fees: $0
Other Salaries and Wages: $450,132
For more financial information, click here
Official website here: www.matrixhousingservices.org
What is the mission statement of Matrix Housing Services?
Matrix Housing Services is committed to providing top-notch programs and comprehensive services for individuals grappling with homelessness. Their mission is to offer a secure environment, essential provisions, and supportive services to help these individuals navigate their situations. During an emergency, their shelter served 199 individuals, offering a safe space, meals, and case management assistance. In response to COVID-19, their shelter operations were moved to a hotel, providing non-congregate shelter. The Resource Center, on average, served 30 people daily, offering meals, showers, laundry facilities, case management support, and a safe space during weekdays. Guests had access to computers and phones for job and housing searches.
Official website here: www.matrixhousingservices.org
Who is the CEO of Matrix Housing Services?
Subashini Ambrose is the Executive Director of Matrix Housing Services.
Official website here: www.matrixhousingservices.org
What is the revenue of Matrix Housing Services?
Matrix Housing Services's revenue in 2020 was $1,901,879.
Official website here: www.matrixhousingservices.org
Who are the executives of Matrix Housing Services and what are their salaries?
The average compensation at Matrix Housing Services during 2020 was $29,329. There are 22 employees and 380 volunteers at Matrix Housing Services.
Here are 4 key members and their salaries:
- Compensation: $98,246
- Related: $0
- Other: $7,500
- Compensation: $96,865
- Related: $0
- Other: $7,500
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.matrixhousingservices.org
Where can I find the form 990 for Matrix Housing Services?
Matrix Housing Services's most recent form 990 was submitted in 2020 and can be accessed here.
Official website here: www.matrixhousingservices.org
Learn more at the official website: www.matrixhousingservices.org
Mission Statement of Matrix Housing Services
Matrix Housing Services is dedicated to providing top-notch programs and comprehensive services to individuals grappling with homelessness. Their primary mission is to offer a sanctuary and resources to those in need, promoting their overall well-being.
In practice, Matrix Housing Services operates an Emergency Shelter and Resource Center. The Emergency Shelter served 199 adults experiencing homelessness, offering them a secure place to sleep, nourishing meals, and case management support services. During the COVID-19 pandemic, shelter operations were temporarily moved to a hotel to ensure non-congregate shelter, ensuring the safety of its guests. The Resource Center, on the other hand, catered to an average of 30 individuals daily, providing breakfast and lunch, showers, laundry facilities, case management support, and a safe space during weekdays. Guests had access to essential tools such as phones and computers to aid in their job and housing searches.
In essence, Matrix Housing Services is committed to delivering high-quality programs and services that cater to the unique needs of individuals facing homelessness. Their mission is to create an environment that ensures their guests' safety, provides them with essential resources, and empowers them to rebuild their lives.
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Impact
July, 2024
Matrix Housing Services has a significant impact on the community by providing high-quality programs and comprehensive services for individuals experiencing homelessness in Dakota County. Through their emergency shelter and resource center, they have served 199 adults in need, offering a safe place to sleep, food, and crucial case management support services. Additionally, during the COVID-19 pandemic, they swiftly adapted their operations by relocating shelter services to a hotel to ensure non-congregate sheltering for the safety of their clients.
The Matrix Resource Center, which caters to an average of 30 individuals daily, plays a vital role in providing essential services such as meals, showers, laundry facilities, case management support, and a secure environment on weekdays. Guests are also offered access to phones and computers to aid in their job and housing searches, further empowering them to transition out of homelessness.
Located in Minneapolis, Minnesota, Matrix Housing Services embodies its mission to deliver encompassing programs aimed at addressing the needs of those experiencing homelessness, making a tangible difference in the lives of individuals seeking stability and a path to secure housing.
This information is meant to be a general summary of Matrix Housing Services. 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 2020.
- Investment Income: $1
- Gross Receipts: $1,901,879
Assets and Liabilities:
- Total Assets: $403,720
- Total Liabilities: $321,660
- Net Assets: $82,060
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Organization Details
Founding Year
2014
Principal Officer
Subashini Ambrose
Main Address
2929 4TH AVE S STE 210, MINNEAPOLIS, MN, 55407
NTEE Category
Code: L80 - Housing
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