Overview
What is Housing Connector?
Housing Connector is a nonprofit organization based in Seattle, Washington, established in 2019. Their mission is to bridge the gap between housing providers and individuals in need, ensuring that vacant units are utilized effectively. By collaborating with housing providers, Housing Connector reduces various screening criteria, such as credit score, criminal history, rental history, and past debt. This approach expands the reach of housing options for individuals who previously found it challenging to secure a place to live. In exchange for lower criteria, housing providers receive financial support and risk mitigation measures, ensuring stable housing for the households. As of August 2022, Housing Connector has successfully housed over 2,000 individuals through partnerships with over 850 properties and 88 service provider organizations.
Official website here: www.housingconnector.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Stars)
Housing Connector has achieved a solid Three-Star rating from Charity Navigator, indicating a commendable level of accountability and financial management. The organization excels in its governance, with a fully independent board and transparent policies, such as a conflict of interest policy and a whistleblower policy. Additionally, the organization shows strong financial health with a program expense ratio of 92.7%, signifying that the vast majority of its funds are directed toward its programs.
The nonprofit also demonstrates effective fundraising efficiency, with no costs associated with fundraising efforts, which is a positive indicator for potential donors. The organization ensures that its tax forms are available to board members prior to filing and maintains proper documentation, further highlighting its commitment to transparency. The liabilities to assets ratio is low, suggesting a stable financial position.
While Housing Connector shows impressive financial and governance practices, it's important for potential donors and stakeholders to remain engaged and informed about the organization's ongoing initiatives and impact. Overall, the rating reflects a nonprofit that is well-managed and dedicated to its mission, but continuous evaluation of its activities and effectiveness is recommended for optimal engagement.
This AI summary has been generated from information found on Charity Navigator.
Is Housing Connector legitimate?
Housing Connector is a legitimate nonprofit organization registered as a 501(c)(3) entity. Housing Connector 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: $182,030
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,027,500
For more financial information, click here
Official website here: www.housingconnector.com
What is the mission statement of Housing Connector?
The mission of Housing Connector, a non-profit organization, is to collaborate with property owners and managers to decrease barriers to housing and expand the region's affordable housing capacity. By partnering with housing providers, they aim to reduce screening criteria related to credit score, criminal history, rental history, and past debt, thereby increasing access to housing for individuals in need. In return, housing providers receive financial support and risk mitigation measures to ensure stable housing for the households they serve. Since its launch in 2019, Housing Connector has partnered with over 850 properties and 88 service provider organizations, successfully housing over 2,000 individuals as of August 2022.
Official website here: www.housingconnector.com
Who is the CEO of Housing Connector?
Shkelqim Kelmendi is the Board Member of Housing Connector.
Official website here: www.housingconnector.com
What is the revenue of Housing Connector?
Housing Connector's revenue in 2022 was $4,193,603.
Official website here: www.housingconnector.com
Who are the executives of Housing Connector and what are their salaries?
There 9 volunteers at Housing Connector.
Here are 10 key members and their salaries:
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- Compensation: $162,114
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- Other: $20,014
Official website here: www.housingconnector.com
Where can I find the form 990 for Housing Connector?
Housing Connector's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.housingconnector.com
Learn more at the official website: www.housingconnector.com
Mission Statement of Housing Connector
Housing Connector, a business-to-business non-profit organization, is committed to reducing barriers and increasing access to housing for individuals in need. By collaborating with property owners and managers, Housing Connector works to lower the barriers that often hinder individuals from securing a home. This mission aims to expand the region's affordable housing capacity, ensuring that empty housing units are not wasted while individuals are left homeless. Launched in 2019, Housing Connector partners with housing providers to lessen screening criteria related to credit score, criminal history, rental history, and past debt. This allows individuals in need of a home to gain increased access to housing options that were previously out of reach. In exchange for lowering these criteria, housing providers receive financial support and mitigations to minimize risk and maintain household stability. As of August 2022, Housing Connector's partnerships with over 850 properties and 88 service provider organizations have successfully housed over 2,000 individuals.
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Impact
July, 2024
Housing Connector's impact includes partnering with property owners and managers to lower barriers to housing and increase the region's affordable housing capacity. By reducing screening criteria related to credit score, criminal history, rental history, and past debt, Housing Connector enables individuals in need of a home to access housing that was previously out of reach. Through collaborations with over 850 properties and 88 service provider organizations, Housing Connector has successfully housed over 2,000 individuals as of August 2022. This initiative helps reduce homelessness and provides stable housing for those who need it the most.
This information is meant to be a general summary of Housing Connector. 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: $4,542
- Program Service Revenue: $5,738
- Gross Receipts: $4,193,603
Assets and Liabilities:
- Total Assets: $3,869,926
- Total Liabilities: $1,196,484
- Net Assets: $2,673,442
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONFLICT INTERVENTION
Revenue
$5,738
Organization Details
Founding Year
2019
Phone
(206) 389-7200Principal Officer
Shkelqim Kelmendi
Main Address
1301 5TH AVENUE 1500, SEATTLE, WA, 98101
Website
www.housingconnector.comNTEE Category
Code: L21 - Housing
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