Housing Opportunities Inc

Organization Overview

Housing Opportunities Inc is located in Valparaiso, IN. The organization was established in 1997. According to its NTEE Classification (P82) the organization is classified as: Developmentally Disabled Centers, under the broad grouping of Human Services and related organizations. As of 06/2022, Housing Opportunities Inc employed 53 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Housing Opportunities Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, Housing Opportunities Inc generated $5.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.4% each year . All expenses for the organization totaled $4.5m during the year ending 06/2022. While expenses have increased by 9.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

HOUSING OPPORTUNITIES INC. RESOLVES AND PREVENTS HOMELESSNESS IN PORTER AND LAPORTE COUNTIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

RENTAL ASSISTANCE (RAPID REHOUSING) - FINANCIAL ASSISTANCE AND SERVICES TO PREVENT INDIVIDUALS AND FAMILIES FROM BECOMING HOMELESS OR TO HELP THOSE WHO ARE EXPERIENCING HOMELESSNESS TO BE QUICKLY RE-HOUSED AND STABILIZED IN RENTAL UNITS WITHIN THE COMMUNITY. HOUSING OPPORTUNITIES, INC HOUSED 475 RENTAL ASSISTANCE CLIENTS DURING THE FISCAL YEAR ENDING JUNE 30, 2022. THESE COUNTS INCLUDE TENANTS SERVED BY COVID-RELIEF RENTAL ASSISTANCE PROGRAMS.


PERMANENT SUPPORTIVE HOUSING - SUPPORTIVE RENTAL HOUSING AND INDIVIDUALIZED CASE MANAGEMENT SERVICES FOR PERSONS/FAMILIES WITH DIAGNOSED DISABILITIES. 146 CLIENTS HOUSED DURING FISCAL YEAR ENDING JUNE 30, 2022. HOUSING OPPORTUNITIES OWNED AND/OR MANAGED 58 PERMANENT SUPPORTIVE HOUSING UNITS AS OF FISCAL YEAR END.


AFFORDABLE RENTALS - INCOME-BASED RENTAL HOUSING TO PROVIDE LOWER INCOME INDIVIDUALS AND FAMILIES WITH ACCESS TO SAFE, AFFORDABLE HOUSING. 170 CLIENTS HOUSED IN FISCAL YEAR ENDING JUNE 30, 2022. HOUSING OPPORTUNITIES, INC OWNED AND/OR MANAGES 147 AFFORDABLE RENTAL UNITS AS OF FISCAL YEAR END.


EMERGENCY HOUSING AND RESOURCE CENTER - WE PROVIDE EMERGENCY HOUSING AND SUPPORTIVE WRAPAROUND SERVICES FOR INDIVIDUALS AND FAMILIES EXPERIENCING HOMELESSNESS. RESOURCE CENTER OFFERS SHOWERS, LAUNDRY, KITCHEN, FOOD PANTRY, LOCKERS, ACCESS TO PHONE AND COMPUTERS, ALONG WITH CASE MANAGEMENT SERVICES. 144 CLIENTS HOUSED DURING THE FISCAL YEAR.STREET OUTREACH - WE PROVIDE DIRECT CONNECTION AND RESOURCE SUPPORT FOR PERSONS EXPERIENCING HOMELESSNESS. SERVICES INCLUDE ACCESS TO OUR RESOURCE CENTER, CONNECTION TO COMMUNITY RESOURCES, AND PERSONAL SUPPORT. 199 CLIENTS SERVED IN THE FISCAL YEAR. ALL DATA IS FOR FISCAL YEAR ENDING JUNE 30, 2022.


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Board, Officers & Key Employees

Name (title)Compensation
Jordan Stanfill
CEO
$96,600
Lynda Gravier
Director Of Finance
$62,702
Jim Starin
Chair
$0
Mary Idstein
Treasurer
$0
Jocelyn Hibshman
Vice Chair
$0
Wes Barnes
Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $4,076,516
All other contributions, gifts, grants, and similar amounts not included above$600,409
Noncash contributions included in lines 1a–1f $173,240
Total Revenue from Contributions, Gifts, Grants & Similar$4,676,925
Total Program Service Revenue$917,341
Investment income $7,279
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$9,541
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $5,592,004

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Housing Opportunities Inc has recieved totaling $1,000.

Awarding OrganizationAmount
Shive-Hattery Group Charitable Contribution Fund Inc

Cedar Rapids, IA

PURPOSE: GENERAL OPERATING BUDGET

$1,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$56,398
Earnings-$7,259
Admin Expense$786
Net Contributions$10,173
Grants$887
Ending Balance$57,639

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