Overview
What is Housing Industry Foundation?
The Housing Industry Foundation, situated in Palo Alto, California, is a nonprofit organization dedicated to assisting low-income individuals and families in San Mateo and Santa Clara Counties. Their primary mission is to provide emergency housing grants, aiding in covering various housing expenses such as rent, utilities, mortgage, and certain repairs during the fiscal year. To expand on their purpose, the foundation works towards helping provide or rehabilitate both short-term and long-term housing for low-income individuals and the homeless. In essence, their mission is to support households in overcoming a housing crisis by offering emergency grants for housing expenses and rehabilitating housing units for the working poor and other special needs populations. The Housing Industry Foundation's team comprises a small group of 5 dedicated individuals, working tirelessly to fulfill their mission.
Is Housing Industry Foundation legitimate?
Housing Industry Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Housing Industry Foundation 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: $166,676
Professional Fundraising Fees: $0
Other Salaries and Wages: $582,266
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What is the mission statement of Housing Industry Foundation?
The Housing Industry Foundation's mission is centered around aiding low-income individuals and the homeless. They accomplish this by providing emergency housing grants and rehabilitating housing units. These efforts are aimed at helping households overcome a housing crisis. The emergency grants cover various housing expenses such as rent, utilities, mortgage, and certain repairs. Additionally, the foundation rehabilitates housing units for the working poor and other special needs populations.
Who is the CEO of Housing Industry Foundation?
Steve Sullivan is the President of Housing Industry Foundation.
What is the revenue of Housing Industry Foundation?
Housing Industry Foundation's revenue in 2022 was $3,054,967.
Who are the executives of Housing Industry Foundation and what are their salaries?
The average compensation at Housing Industry Foundation during 2022 was $149,788. There are 5 employees at Housing Industry Foundation.
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Where can I find the form 990 for Housing Industry Foundation?
Housing Industry Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Housing Industry Foundation
The Housing Industry Foundation, a nonprofit organization, is dedicated to aiding low-income individuals and the homeless by offering both short-term and long-term housing solutions or by rehabilitating existing housing units. Their mission is to assist households in overcoming a housing crisis. They accomplish this by providing emergency grants for various housing expenses, such as rent, utilities, mortgage payments, and certain repairs, during the fiscal year. By doing so, the Housing Industry Foundation plays a crucial role in improving the living conditions of the working poor and other special needs populations, thereby contributing to their overall well-being.
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Impact
October, 2024
The Housing Industry Foundation significantly impacts low-income individuals and homeless populations by addressing immediate housing crises through financial assistance and rehabilitation services. By providing emergency housing grants, the organization helps families in San Mateo and Santa Clara counties cover essential housing expenses such as rent, utilities, and mortgage payments. This support not only stabilizes households at risk of homelessness but also enables them to maintain their housing during difficult times.
Additionally, the foundation works on rehabilitating housing units, ensuring that working poor families and those with special needs have access to safe and decent living conditions. Through these efforts, the Housing Industry Foundation fosters long-term housing stability, empowering individuals to overcome barriers and move towards self-sufficiency. This combination of emergency support and rehabilitation creates a crucial safety net that directly addresses the challenges faced by vulnerable populations in the community.
This information is meant to be a general summary of Housing Industry Foundation. 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: $1,509
- Program Service Revenue: $623,627
- Gross Receipts: $3,268,014
Assets and Liabilities:
- Total Assets: $1,327,147
- Total Liabilities: $10,829
- Net Assets: $1,316,318
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENT ASSISTANCE PROGRAM
Revenue
$623,627
Organization Details
Founding Year
1989
Phone
(650) 437-2980Principal Officer
Steve Sullivan
Main Address
3460 W BAYSHORE ROAD, PALO ALTO, CA, 94303
NTEE Category
Code: Z99Z - Unknown
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