Tenant Resource Center Inc
- Assets
- $4.0m
- Revenue
- $17.9m
- Investments
- $0.0
- Employees
- 41
- Location
- Madison, WI
- Founding
- 11/1980
- Data as of
- 12/2021
- EIN
- 39-1360105
Organization Overview
Tenant Resource Center Inc is located in Madison, WI. The organization was established in 1980. According to its NTEE Classification (B70) the organization is classified as: Libraries, under the broad grouping of Education and related organizations. As of 12/2021, Tenant Resource Center Inc employed 41 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tenant Resource Center 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 12/2021, Tenant Resource Center Inc generated $17.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 71.3% each year . All expenses for the organization totaled $17.7m during the year ending 12/2021. While expenses have increased by 73.0% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE TENANT RESOURCE CENTER IS DEDICATED TO ACHIEVING HOUSING JUSTICE IN WISCONSIN, AND TO PROMOTING POSITIVE RELATIONS BETWEEN RENTAL HOUSING CONSUMERS AND PROVIDERS THROUGHOUT WISCONSIN. BY PROVIDING ACCESS TO CONFLICT RESOLUTION AND EDUCATION ABOUT RENTAL RIGHTS AND RESPONSIBILITIES WE EMPOWER THE COMMUNITY TO OBTAIN AND MAINTAIN QUALITY AFFORDABLE HOUSING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TENANT SERVICES-ASSISTS PERSONS IN ASSERTING THEIR RIGHTS IN RENTAL RELATIONSHIPS BY PROVIDING LEGAL INFORMATION, COUNSELING, AND REFERRALS, AND PROVIDES EDUCATION AND INFORMATION SERVICES TO LANDLORDS AND TENANTS ABOUT THEIR RIGHTS AND RESPONSIBILITIES IN RENTAL PROPERTIES. THE HOUSING HELP DESK PROVIDES TENANTS, LANDLORDS, AND AGENCY STAFF WITH INFORMATION AND APPLICATIONS FOR LOW-COST HOUSING, PUBLIC AND SUBSIDIZED HOUSING, TRANSITIONAL HOUSING, AND SHELTER SERVICES. THE HELP DESK CAN ALSO MAKE REFERRALS TO USEFUL COMMUNITY RESOURCES INCLUDING LIMITED ASSISTANCE FOR EVICTION PREVENTION, SECURITY DEPOSITS, AND UTILITIES.
HOMELESS SERVICES-PROVIDES RESOURCES TO PERSONS IN THE MADISON AREA WHO ARE HOMELESS OR WHO ARE RECOVERING FROM HOMELESSNESS. ASSISTS THESE INDIVIDUALS WITH SEEKING HOUSING, APPLYING FOR EMPLOYMENT, AND OBTAINING SOCIAL SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robin Sereno Executive Director | Officer | 40 | $110,072 |
Jim White Treasurer (thru June) | OfficerTrustee | 5 | $0 |
Enzo Ciarletta Vice President | OfficerTrustee | 5 | $0 |
Laura Dixson-Kruijf President | OfficerTrustee | 5 | $0 |
Megan O'connell Secretary (from June) | OfficerTrustee | 5 | $0 |
Gentry Bieker Director (thru June) | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $20,725 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $17,361,498 |
| All other contributions, gifts, grants, and similar amounts not included above | $505,028 |
| Noncash contributions included in lines 1a–1f | $297 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $17,887,251 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $17,889,286 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $16,093,548 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $115,592 |
| Compensation of current officers, directors, key employees. | $9,247 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $982,164 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $130,354 |
| Payroll taxes | $115,024 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $41,351 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $70,296 |
| Advertising and promotion | $0 |
| Office expenses | $101,979 |
| Information technology | $3,749 |
| Royalties | $0 |
| Occupancy | $32,888 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,152 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,112 |
| Insurance | $4,603 |
| All other expenses | $10,259 |
| Total functional expenses | $17,714,691 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,185,046 |
| Savings and temporary cash investments | $85,402 |
| Pledges and grants receivable | $741,833 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $4,404 |
| Net Land, buildings, and equipment | $3,692 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,020,377 |
| Accounts payable and accrued expenses | $154,465 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $3,369,010 |
| Total liabilities | $3,523,475 |
| Net assets without donor restrictions | $189,330 |
| Net assets with donor restrictions | $307,572 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,020,377 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Tenant Resource Center Inc has recieved totaling $126,327.
| Awarding Organization | Amount |
|---|---|
Roots And Wings Foundation Inc Seattle, WA PURPOSE: EVICTION PREVENTION | $100,000 |
Community Shares Of Wisconsin Inc Madison, WI PURPOSE: GENERAL SUPPORT | $17,200 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $9,050 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $77 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ann Arbor District Library Ann Arbor, MI | $42,776,591 | $18,573,402 |
Tenant Resource Center Inc Madison, WI | $4,020,377 | $17,889,286 |
Newberry Library Chicago, IL | $102,026,436 | $14,465,930 |
Community Resource Center Inc Centralia, IL | $6,773,469 | $4,197,743 |
Arrowhead Library System Mountain Iron, MN | $7,916,564 | $3,392,560 |
Society Of Ameican Archivists Chicago, IL | $2,453,867 | $2,207,330 |
Little Free Library Ltd St Paul, MN | $2,366,645 | $3,222,101 |
The Charlemagne Institute Bloomington, MN | $4,134,253 | $802,178 |
Traverse Des Sioux Library System Mankato, MN | $2,660,505 | $1,793,930 |
Cass District Library Cassopolis, MI | $2,228,368 | $1,419,366 |
Hoover Presidential Foundation West Branch, IA | $16,155,016 | $4,574,597 |
Mary T And James J Hill Library Foundation St Paul, MN | $19,858,073 | $1,320,140 |