Overview
What is The Center For Housing Solutions Inc?
The Center for Housing Solutions Inc, located in Tulsa, Oklahoma, serves as the lead agency for the Continuum of Care in Tulsa City/County. Their primary mission is to create a community where homelessness is rare, brief, and non-recurring. They achieve this goal by fostering strong public-private partnerships, utilizing data to guide their strategies, and educating the public about homelessness and its solutions. As the lead agency, they oversee and provide technical assistance for grant recipients in the HUD Continuum of Care (COC) program. The Center for Housing Solutions plays a crucial role in housing individuals experiencing homelessness and supporting those at risk of losing their housing. They managed a successful COVID-19 response and provided training and technical assistance to the system. With a team of 43 dedicated professionals, they monitor data and outcomes, and advance evidence-based solutions.
Official website here: www.housingsolutionstulsa.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 70%, earning a Two-Star out of Four Star rating.
The Center For Housing Solutions Inc has received a Two-Star rating from Charity Navigator, indicating some concerns regarding its financial stability. While the organization excels in governance and transparency, scoring full points in areas like independent board oversight and adherence to policies, its financial ratios raise red flags. Specifically, the liabilities to assets ratio and working capital ratio reflect potential challenges in managing its financial obligations.
Strengths highlighted include a strong commitment to accountability, as evidenced by the absence of material asset diversion and a robust audit and oversight committee. Additionally, the program expense ratio is commendable, indicating a significant portion of funds is directed towards its mission. However, the organization struggles with liquidity, which is a critical aspect for operational stability and sustainability.
Overall, while The Center For Housing Solutions Inc demonstrates effective governance and program efficiency, it faces notable financial difficulties that may affect its long-term viability. Prospective donors and stakeholders should weigh these factors carefully when considering support for the organization.
This AI summary has been generated from information found on Charity Navigator.
Is The Center For Housing Solutions Inc legitimate?
The Center For Housing Solutions Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Center For Housing Solutions 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: $180,163
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,024,980
For more financial information, click here
Official website here: www.housingsolutionstulsa.org
What is the mission statement of The Center For Housing Solutions Inc?
The Center for Housing Solutions Inc aims to establish a community where homelessness is rare, brief, and non-recurring. They achieve this goal through strong public-private partnerships, utilizing data to guide their strategies, and educating the public on homelessness and its solutions. As the lead agency for a collaborative effort in Tulsa City/County, they provide community planning and support, implement strategies to house individuals experiencing homelessness, and assist those at risk of losing their housing. The organization monitors data and outcomes, advances evidence-based solutions, and manages the local process for the annual HUD Continuum of Care (COC) program grants. During the COVID-19 pandemic, they led a response to mitigate community spread among the homeless population, and provided training and technical assistance to the system.
Official website here: www.housingsolutionstulsa.org
Who is the CEO of The Center For Housing Solutions Inc?
Mark Smith is the CEO of The Center For Housing Solutions Inc The CEO's salary of The Center For Housing Solutions Inc is $0 and their total compensation is $0.
Official website here: www.housingsolutionstulsa.org
What is the revenue of The Center For Housing Solutions Inc?
The Center For Housing Solutions Inc's revenue in 2024 was $3,246,511.
Official website here: www.housingsolutionstulsa.org
Who are the executives of The Center For Housing Solutions Inc and what are their salaries?
The average compensation at The Center For Housing Solutions Inc during 2024 was $66,823. There are 33 employees and 30 volunteers at The Center For Housing Solutions Inc.
Here are 11 key members and their salaries (The Center For Housing Solutions Inc's CEO's salary is $0 and their total compensation is $0):
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- Compensation: $172,371
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Official website here: www.housingsolutionstulsa.org
Where can I find the form 990 for The Center For Housing Solutions Inc?
The Center For Housing Solutions Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.housingsolutionstulsa.org
Learn more at the official website: www.housingsolutionstulsa.org
Mission Statement of The Center For Housing Solutions Inc
The Center for Housing Solutions Inc is committed to establishing a community where homelessness is uncommon, short-lived, and unlikely to recur. This mission is achieved through the forging of robust public-private partnerships, employing data to guide strategies, and educating the public on homelessness and its solutions. As the lead agency for the Continuum of Care in Tulsa City/County, Housing Solutions plays a pivotal role in creating a coordinated response to address homelessness effectively. By collaborating with over 30 participating organizations within the Alliance to End Homelessness (AWH4T), Housing Solutions implements strategies to house individuals experiencing homelessness and support those at risk of losing their housing. The organization monitors data and outcomes, advances evidence-based solutions, and manages the local process for the annual HUD Continuum of Care (COC) program grants, offering oversight and technical assistance for grant recipients. In 2020, Housing Solutions led the COC to house a record-breaking number of individuals experiencing homelessness and played a significant role in mitigating community spread of COVID-19 among this vulnerable population.
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Impact
July, 2024
The Center For Housing Solutions Inc is actively working to create a community where homelessness is rare, brief, and non-recurring through strong public/private partnerships. They use data to guide their strategies and aim to educate the public on homelessness and its solutions. As the lead agency for Tulsa City/County Continuum of Care, they lead a way home for Tulsa by providing community planning and support to effectively implement strategies for preventing and ending homelessness. Managing the local process for the annual HUD Continuum of Care program grants, they oversee and provide technical assistance for grant recipients. Their efforts have led to housing a record number of people experiencing homelessness, managing a COVID response to mitigate community spread, and providing training and technical assistance to the system.
This information is meant to be a general summary of The Center For Housing Solutions 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 2024.
- Investment Income: $9,798
- Program Service Revenue: $569,024
- Gross Receipts: $3,246,511
Assets and Liabilities:
- Total Assets: $1,193,623
- Total Liabilities: $1,983,768
- Net Assets: -$790,145
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE FEES
Revenue
$569,024
Organization Details
Founding Year
2020
Principal Officer
Mark Smith
NTEE Category
Code: Z99 - Unknown
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