Urban Homeworks Inc

Organization Overview

Urban Homeworks Inc is located in Minneapolis, MN. The organization was established in 1996. According to its NTEE Classification (S21) the organization is classified as: Community Coalitions, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Urban Homeworks Inc employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Urban Homeworks 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, Urban Homeworks Inc generated $4.4m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $3.4m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PERPETUATE THE HOPE OF JESUS CHRIST THROUGH INNOVATIVE COMMUNITY DEVELOPMENT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

REAL ESTATE DEVELOPMENT - ACQUISITION OF HOUSING:URBAN HOMEWORKS HAS CONSTRUCTED, REHABILITATED AND MANAGED SCATTERED, MULTI-UNIT AND SINGLE-FAMILY HOUSING IN DISTRESSED AREAS OF MINNEAPOLIS AND ST. PAUL SINCE 1995. WE ARE UNIQUE IN THE TWIN CITIES IN OUR FOCUS ON SMALLER, MULTI-UNIT RENTAL PROPERTIES. WE HAVE COMMITTED TO THIS APPROACH TO BUILDING HEALTHY NEIGHBORHOODS THROUGH MULTIPLE ACCESS POINTS IN THE HOUSING ECOSYSTEM. REHABILITATION OF HOUSING:OUR MODEL FOR REHABILITATING HOUSING LEVERAGES OUR HOUSING DEVELOPMENT AND CONSTRUCTION PROCESS TO MAXIMIZE THE ECONOMIC AND SOCIAL BENEFIT TO THE COMMUNITIES WE SERVE. RECLAIMING ABANDONED/FORECLOSED PROPERTIES IS A COST-EFFECTIVE APPROACH TO INCREASING THE HOUSING SUPPLY IN THE TWIN CITIES. WE HAVE LOOKED AT OUR REAL ESTATE DEVELOPMENT EFFORTS AND DETERMINED THE INVESTMENT CAN DO MORE THAN JUST ADD MUCH NEEDED HOUSING UNITS; OUR AFFORDABLE HOUSING INVESTMENTS ARE DIRECTLY TIED TO OUR EFFORTS TO TRIGGER BOTH A HOUSING AND ECONOMIC RECOVERY THROUGH PARTNERSHIPS, AND JOB CREATION. THROUGH COLLABORATION, OUR MODEL IS DESIGNED TO EXPAND ECONOMIC OPPORTUNITIES AND THE ECONOMIC IMPACT OF OUR WORK IN THE COMMUNITIES WE SERVE THROUGH LOCALIZED HIRING OF UNDERUTILIZED LOCAL, MINORITY, FEMALE AND SECTION 3 SUBCONTRACTORS AND TRAINEES; JOB CONNECTIONS AND JOB CREATION. THIS COMPONENT OF OUR PROGRAM ENSURES DOLLARS INVESTED IN HOUSING REMAIN IN THE COMMUNITY IN WHICH THEY ARE INTENDED TO BENEFIT - THUS LAYERING THE IMPACT OF THE HOUSING DEVELOPMENT INVESTMENT.


RENTAL PROGRAMS -OCCUPANCY OF HOUSING:HOUSING - RENTAL PROGRAMMING - OUR RESTORED UNITS ARE WELL-BUILT, MAINTAINED, AFFORDABLE RENTAL OPPORTUNITIES FOR INDIVIDUALS AND FAMILIES PRICED OUT OF MANY TWIN CITIES RENTAL MARKETS. PARTNERSHIPS WITH LOCAL SOCIAL SERVICE ORGANIZATIONS PROVIDE ADDITIONAL SUPPORT BY SERVING AS ADVOCATES FOR THE RESIDENTS AND PROVIDING NECESSARY SOCIAL SERVICES. RESOURCES FROM THESE SOCIAL SERVICE PARTNERS, COMBINED WITH A SUPPORTIVE LANDLORD AND QUALITY, DIGNIFIED HOUSING, WEAVE A WEB OF SUPPORT FOR PROGRAM PARTICIPANTS. THROUGH STABLE, DIGNIFIED RENTAL PROPERTIES, INDIVIDUALS ARE ABLE TO BECOME PART OF THEIR COMMUNITY SUPPORT STRUCTURES, SCHOOLS AND ECONOMIC OPPORTUNITIES.HOUSING - OWNERSHIP PROGRAMMING - PROJECT: RECLAIM PRESERVES EXISTING AFFORDABLE HOUSING BY CAPTURING PROPERTIES THAT HAVE NOT BEEN MAINTAINED AS VIABLE UNITS BY MARKET FORCES, AND RESTORES THEM TO THEIR HIGHEST USE: PERPETUALLY AFFORDABLE HOMEOWNERSHIP OPPORTUNITIES THAT ARE CONTRIBUTING PHYSICAL ASSETS FOR THE NEIGHBORHOOD. PROJECT: RECLAIM MITIGATES THE ECONOMIC AND SOCIAL IMPACT OF UNDERUTILIZED, VACANT AND/OR FORECLOSED SINGLE FAMILY HOMES. PROJECT: RECLAIM HINGES ON A RESPONSIBLE CONTRACT FOR DEED WHICH ALLOWS FAMILIES TO BEGIN LIVING IN THE HOME WHILE THEY PARTICIPATE IN FINANCIAL LITERACY TRAINING CAREFULLY DESIGNED TO PROVIDE THE OPPORTUNITY FOR ADEQUATE CREDIT REPAIR AND DEEP FINANCIAL EDUCATION TIED TO FINANCIAL STABILITY AND HOME OWNERSHIP. COMMUNITY ENGAGEMENT:URBAN HOMEWORKS' APPROACH TO COMMUNITY ENGAGEMENT IS ROOTED IN THE GOAL THAT ALL PROGRAMS WE OPERATE ARE INEXTRICABLY LINKED TO THE AUTHENTIC EXPRESSION OF THE COMMUNITY'S VISION. THROUGH A CONTINUAL FEEDBACK LOOP FROM ACQUISITION THROUGH OCCUPANCY, WE ARE BUILDING A COLLABORATIVE WEB OF DOVETAILED EXPERTISE TO COLLECTIVELY BUILD SUSTAINABLE, EQUITABLE SOLUTIONS ACROSS THE SOCIAL AND ECONOMIC CONTINUUM OF THE TWIN CITIES. ENGAGEMENT WORK HAPPENS ON A RESIDENT LEVEL THROUGH INFORMAL AND FORMAL NETWORKS, NEIGHBORHOOD EVENTS, CONNECTIONS WITH RESOURCES IN THE COMMUNITY, PARTICIPATION IN URBAN HOMEWORKS PLANNING AND WORK, AND MANY OTHER OPPORTUNITIES AS OUR PODS GROW ORGANICALLY AND RESPOND TO REAL-TIME CONDITIONS. POD AREAS ARE DETERMINED BY HAVING BOTH HIGH INSTANCES OF HOUSING INSTABILITY AND A HIGH NEED FOR ENGAGEMENT TO BUILD COMMUNITY NETWORKS. AT URBAN HOMEWORKS, WE BELIEVE THAT PEOPLE POWER CAN TRIUMPH OVER SYSTEMIC OPPRESSION WHEN COMMUNITIES ARE PROVIDED THE NECESSARY TOOLS TO REMOVE SYSTEMATIC BARRIERS. WE FOSTER A PEOPLE ORIENTED DEVELOPMENT (POD) MODEL THAT BUILDS A COMMUNITY'S CAPACITY FOR SELF-RELIANCE, SOCIAL JUSTICE, AND PARTICIPATORY DECISION-MAKING THROUGH A FOCUS ON THE LEADERSHIP SKILLS OF THE INDIVIDUALS LIVING THERE. HOUSING IS A FOUNDATION FOR PEOPLE TO STAND UPON AND REACH TOWARD THE SUCCESS THEY SEEK AND BETTER ENGAGE WITHIN COMMUNITIES TO BRING SOCIAL AND POLITICAL CHANGE AND EQUITY AND ENGAGEMENT INITIATIVES ARE AT THE CENTER OF ALL OUR WORK.


OTHER PROGRAMS:INCLUDES OTHER COMMUNITY DEVELOPMENT ACTIVITIES NOT DIRECTLY RELATED TO THE RENTAL OR REAL ESTATE DEVELOPMENT PROGRAMS, BUT ARE IN LINE WITH THE ORGANIZATION'S MISSION.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Asalesol Young
Executive Director
$119,298
Danyika Leonard
Co-Chair
$0
Claudia Oxley
Co-Chair, Secretary
$0
Collin Barr
Treasurer
$0
Terry Becker
Director
$0
Becky Landon
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $725,100
All other contributions, gifts, grants, and similar amounts not included above$2,047,267
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,772,367
Total Program Service Revenue$1,944,921
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$335,978
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $4,422,020

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Urban Homeworks Inc has recieved totaling $5,500.

Awarding OrganizationAmount
Patch Foundation

Minneapolis, MN

PURPOSE: PROGRAM SUPPORT

$5,000
Albright Foundation

Edina, MN

PURPOSE: CHARITABLE

$500
View Grant Recipient Profile

Create an account to unlock the data you need.

or