Overview
What is Shared Housing Services?
Shared Housing Services (SHS) is a nonprofit organization based in Tacoma, Washington. Their primary mission is to offer affordable housing alternatives, fostering independence and self-sufficiency among individuals and families. Through their Referral/Match Share and Transitional Family Housing programs, SHS has provided housing solutions to numerous individuals and families. In 2021, SHS considered merging with an affinity organization to amplify their capacity in serving the local community. The merger was approved, and SHS ceased operations on December 31, 2022. Despite the merger, SHS's Homesharing Programs, Adult Homesharing, Collegiate Homesharing, and Youth Host Homes, continued to serve their clients, albeit with lengthened processes due to the pandemic-induced virtual meetings. SHS received a second PPP loan in 2021, which was eventually forgiven. The organization employed a team of five dedicated individuals.
Official website here: www.shstac-pc.com
Is Shared Housing Services legitimate?
Shared Housing Services is a legitimate nonprofit organization registered as a 501(c)(3) entity. Shared 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: $97,857
Professional Fundraising Fees: $0
Other Salaries and Wages: $86,235
For more financial information, click here
Official website here: www.shstac-pc.com
What is the mission statement of Shared Housing Services?
Shared Housing Services' mission is centered around offering affordable housing alternatives to promote independence and self-sufficiency among individuals and families. This is achieved through their Referral/Match Share and Transitional Family Housing programs. The organization's goal is to empower these individuals by providing them with suitable housing solutions. In 2021, Shared Housing Services explored merging with an affinity organization to enhance its capacity to serve the growing community needs. After a due diligence process, they agreed to merge with Associated Ministries, effective from December 31, 2022. Due to this merger pursuit, Shared Housing Services did not conduct any fundraising activities post-April 2021.
Official website here: www.shstac-pc.com
Who is the CEO of Shared Housing Services?
Mark Merrill is the Executive Director of Shared Housing Services.
Official website here: www.shstac-pc.com
What is the revenue of Shared Housing Services?
Shared Housing Services's revenue in 2021 was $330,949.
Official website here: www.shstac-pc.com
Who are the executives of Shared Housing Services and what are their salaries?
The average compensation at Shared Housing Services during 2021 was $36,818. There are 5 employees and 18 volunteers at Shared Housing Services.
Here are 11 key members and their salaries:
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Official website here: www.shstac-pc.com
Where can I find the form 990 for Shared Housing Services?
Shared Housing Services's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.shstac-pc.com
Learn more at the official website: www.shstac-pc.com
Mission Statement of Shared Housing Services
Shared Housing Services, a nonprofit organization, is committed to offering affordable, alternative housing solutions. Their mission is to empower individuals and families towards independence and self-sufficiency. They achieve this through their Referral/Match Share and Transitional Family Housing programs. By providing these services, Shared Housing Services aims to help individuals and families overcome housing challenges, ultimately fostering their ability to stand on their own feet.
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Impact
October, 2024
Shared Housing Services (SHS) has made a significant impact on the housing landscape in Tacoma, WA, by providing affordable and alternative housing solutions aimed at fostering independence and self-sufficiency among individuals and families. Through programs like the Referral/Match Share and Transitional Family Housing, SHS has offered critical support for those seeking stable living conditions.
In 2021, the organization faced numerous challenges, including the ongoing effects of the COVID-19 pandemic, which hindered the operations of its three Homesharing Programs: Adult Homesharing, Collegiate Homesharing, and Youth Host Homes. Despite these obstacles, SHS continued to serve the community, facilitating 46 home share matches in the Adult Homesharing program.
The decision in 2021 to explore a merger with Associated Ministries marked a pivotal moment for SHS, aiming to enhance its capacity to address the community's growing needs. This strategic move demonstrated the organization's commitment to ensuring continuity and expanded services for the populations it serves. The merger, finalized on December 31, 2022, represents a consolidation of resources and expertise that promises to strengthen the support available for those in need of housing solutions in Tacoma.
Through their efforts, SHS has made strides in reducing homelessness and promoting housing stability, highlighting the importance of collaborative initiatives in addressing complex social issues.
This information is meant to be a general summary of Shared 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 2021.
- Investment Income: $1,977
- Program Service Revenue: $122,200
- Gross Receipts: $330,949
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Government Contracts
Revenue
$117,223
Transitional Housing
Revenue
$4,977
Organization Details
Founding Year
1992
Phone
(253) 272-1532Principal Officer
Mark Merrill
Main Address
PO Box 5937, Tacoma, WA, 98415
Website
www.shstac-pc.comNTEE Category
Code: Z99Z - Unknown
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