Overview
What is Low Income Housing Institute?
The Low Income Housing Institute is a nonprofit organization based in Seattle, Washington, with an address at 1253 South Jackson Street A, ZIP code 98144. Their mission encompasses developing, owning, and operating housing for low-income, homeless, and formerly homeless individuals. Committed to advocacy, they push for fair housing policies at the local and national levels. Their supportive service programs aim to help those they serve maintain stable housing and increase self-sufficiency. Notably, they provide essential services such as hygiene centers, offering over 22,000 showers, 11,000 laundry loads, and numerous restroom uses to around 7,300 unique individuals. With a dedicated team of 546 employees, the Low Income Housing Institute remains a significant force in addressing housing needs and advocating for policies that benefit the most vulnerable members of society.
Official website here: www.lihi.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 77% (Three-Star out of Four Star rating)
The Low Income Housing Institute (LIHI) has received a Three-Star rating from Charity Navigator, indicating a moderate level of accountability and financial stability. Notable strengths include an independent board and a high program expense ratio of 91.68%, reflecting a strong commitment to program spending over administrative costs. However, the organization lacks certain governance policies, such as a whistleblower policy and a document retention policy, which raises concerns about its overall accountability.
User feedback presents a mixed picture of LIHI's impact. While some donors commend the organization for its innovative housing solutions and highlight the effectiveness of tiny home villages, others express severe dissatisfaction with living conditions and management. Reports of unaddressed maintenance issues, unsafe living environments, and perceived discrimination by management illustrate significant challenges that residents face. This disparity in feedback suggests that while LIHI may excel in certain areas, there are critical operational shortcomings that require immediate attention.
Overall, LIHI demonstrates a commitment to addressing homelessness through unique housing initiatives, but the serious concerns raised by residents indicate that the organization must enhance its operational effectiveness and resident support to fulfill its mission adequately.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Low Income Housing Institute legitimate?
Low Income Housing Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Low Income Housing Institute 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: $1,152,159
Professional Fundraising Fees: $0
Other Salaries and Wages: $10,231,483
For more financial information, click here
Official website here: www.lihi.org
What is the mission statement of Low Income Housing Institute?
The Low Income Housing Institute is dedicated to providing housing solutions for those who are low-income, homeless, and formerly homeless. They actively advocate for fair housing policies at both local and national levels. In addition to developing, owning, and managing housing, they offer a range of supportive services to help individuals maintain stable housing and increase their self-sufficiency.
Official website here: www.lihi.org
Who is the CEO of Low Income Housing Institute?
Sharon H Lee is the Principal Officer of Low Income Housing Institute.
Official website here: www.lihi.org
What is the revenue of Low Income Housing Institute?
Low Income Housing Institute's revenue in 2022 was $75,635,152.
Official website here: www.lihi.org
Who are the executives of Low Income Housing Institute and what are their salaries?
The average compensation at Low Income Housing Institute during 2022 was $20,849. There are 546 employees and 531 volunteers at Low Income Housing Institute.
Here are 19 key members and their salaries:
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- Compensation: $113,618
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- Other: $10,972
Official website here: www.lihi.org
Where can I find the form 990 for Low Income Housing Institute?
Low Income Housing Institute's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lihi.org
Learn more at the official website: www.lihi.org
Mission Statement of Low Income Housing Institute
The Low Income Housing Institute is a dedicated organization that works towards creating and managing affordable housing units for those in need. With a mission to benefit low-income, homeless, and formerly homeless individuals, this Institute goes beyond just providing housing. It advocates for fair housing policies at both local and national levels and administers various supportive service programs to help individuals maintain stable housing and increase their self-sufficiency.
In practice, the Low Income Housing Institute develops, owns, and manages housing solutions for those who struggle financially or are homeless. It extends its reach beyond mere shelter, engaging in advocacy efforts to promote just housing policies and laws that cater to the underprivileged. Furthermore, the Institute offers a range of supportive services designed to assist those it serves in maintaining their housing and enhancing their self-sufficiency. These services play a crucial role in ensuring that individuals are able to sustain their living situations and improve their overall wellbeing.
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Impact
October, 2024
The Low Income Housing Institute (LIHI) significantly impacts low-income, homeless, and formerly homeless individuals and families by developing, owning, and operating affordable housing solutions. In addition to providing stable living conditions, LIHI actively advocates for fair housing policies at both local and national levels, aiming to address systemic issues that contribute to homelessness and housing instability.
One of its key initiatives, the Urban Rest Stop program, provides essential hygiene services such as showers and laundry facilities. This program has served approximately 7,299 unique individuals, facilitating 22,669 showers and 11,042 laundry loads, thereby enhancing personal hygiene and dignity for the homeless community. Furthermore, LIHI offers a variety of supportive service programs designed to help individuals maintain stable housing and improve self-sufficiency, contributing to a broader effort to combat homelessness in the Seattle area and beyond. Through these comprehensive services and advocacy, LIHI plays a crucial role in fostering community resilience and promoting social equity.
This information is meant to be a general summary of Low Income Housing Institute. 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: $632,131
- Program Service Revenue: $18,309,473
- Gross Receipts: $75,661,395
Assets and Liabilities:
- Total Assets: $349,441,592
- Total Liabilities: $227,092,943
- Net Assets: $122,348,649
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$16,190,802
DEVELOPMENT FEES
Revenue
$1,080,513
PROPERTY MANAGEMENT FEES
Revenue
$864,399
CASH FLOW FEES
Revenue
$144,920
OTHER FEES
Revenue
$22,094
Organization Details
Founding Year
1991
Phone
(206) 443-9935Principal Officer
Sharon H Lee
Main Address
1253 SOUTH JACKSON STREET A, SEATTLE, WA, 98144
Website
www.lihi.orgNTEE Category
Code: Z99Z - Unknown
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