Beacon Interfaith Housing Collaborative

Organization Overview

Beacon Interfaith Housing Collaborative is located in Saint Paul, MN. The organization was established in 2000. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2022, Beacon Interfaith Housing Collaborative employed 48 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Beacon Interfaith Housing Collaborative 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, Beacon Interfaith Housing Collaborative generated $10.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.2% each year. All expenses for the organization totaled $10.1m during the year ending 06/2022. While expenses have increased by 7.5% 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

AS A COLLABORATIVE OF CONGREGATIONS UNITED IN ACTION WE CREATE HOMES AND ADVANCE EQUITABLE HOUSING.

Describe the Organization's Program Activity:

Part 3 - Line 4a

HOUSING OPERATION: BEACON OFFERS A RANGE OF HOUSING AND SERVICES TO MEET THE NEEDS OF VULNERABLE MEMBERS OF OUR COMMUNITY. WE OPERATE OVER 600 QUALITY AFFORDABLE HOMES FOR OVER 1000 PEOPLE ACROSS THE TWIN CITIES METRO AREA. THE SIGNIFICANT MAJORITY OF OUR HOUSING SERVES HOUSEHOLDS EARN LESS THAN 30 PERCENT OF THE COMMUNITY'S AREA MEDIAN INCOME (AMI). SUPPORTIVE HOUSING SERVICES ARE PROVIDED TO OVER 400 HOUSEHOLDS IN BEACON HOUSING TO HELP YOUTH, SINGLE ADULTS, FAMILIES, AND SENIORS SUCCESSFULLY EXIT OR AVOID HOMELESSNESS. 87 PERCENT OF FORMERLY HOMELESS RESIDENTS MAINTAINED STABLE HOUSING FOR AT LEAST ONE YEAR.


HOUSING DEVELOPMENT: BEACON IS AMONG THE LEADING DEVELOPERS OF DEEPLY AFFORDABLE, SUPPORTIVE HOUSING IN THE TWIN CITIES METRO AREA. BEACON HAS A UNIQUE COLLABORATIVE MODEL THAT ACTIVATES THE ENERGY, RESOURCES, AND LEADERSHIP OF CONGREGATIONS TO CREATE HOUSING. WE LEVERAGE PRIVATE CONTRIBUTIONS TO SECURE ADDITIONAL PUBLIC FUNDING AND CAPITAL COMMITMENTS AND HAVE DEVELOPED OVER 600 HOMES AT 20 PROPERTIES TO DATE. BEACON HAS HUNDREDS OF ADDITIONAL HOMES IN VARIOUS STAGES OF DEVELOPMENT AT SIX LOCATIONS ACROSS THE TWIN CITIES METRO.


SHELTER PROGRAMS: THROUGH A VOLUNTEER-DRIVEN, COMMUNITY-BASED PROGRAM, BEACON AND ITS COLLABORATIVE OF CONGREGATIONS PROVIDES FAMILIES EMERGENCY SHELTER, SUPPORTIVE SERVICES, AND HOUSING SUPPORT. CARE AND SUPPORT IS INDIVIDUALIZED TO A FAMILY'S LEVEL OF NEED.


POLICY: WHEN ALL PEOPLE HAVE ACCESS TO STABLE HOUSING, OUR COMMUNITIES ARE STRONGER AND HEALTHIER. OUR COLLECTIVE ACTION AND INVESTMENT THROUGH OUR PUBLIC POLICY SHOULD WORK TOWARD ENSURING ALL PEOPLE HAVE A HOME.


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

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Youthlink
Supportive Services
$232,474
Avivo
Supportive Services
$383,599
Simpson Housing
Supportive Services
$341,233
Ymca Of The North
Supportive Services
$192,301
Premier
Supportive Services
$119,500
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $2,252,645
All other contributions, gifts, grants, and similar amounts not included above$3,446,930
Noncash contributions included in lines 1a–1f $424,276
Total Revenue from Contributions, Gifts, Grants & Similar$5,699,575
Total Program Service Revenue$4,898,803
Investment income $68,868
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 $10,667,246

Grants Recieved

Over the last fiscal year, we have identified 20 grants that Beacon Interfaith Housing Collaborative has recieved totaling $627,127.

Awarding OrganizationAmount
Schwab Charitable Fund

San Francisco, CA

PURPOSE: PUBLIC, SOCIETAL BENEFIT

$146,250
Minneapolis Foundation

Minneapolis, MN

PURPOSE: DONOR-RECOMMENDED, COMMUNITY & ECONOMIC DEVELOPMENT

$113,750
Carter Family Foundation

Wayzata, MN

PURPOSE: TO SUPPORT THE ORGANIZATIONS MISSION.

$50,000
Target Foundation

Minneapolis, MN

PURPOSE: RACIAL EQUITY

$50,000
Saint Paul & Minnesota Foundation

Saint Paul, MN

PURPOSE: MULTIPLE GRANTS FOR MULTIPLE PURPOSES

$47,000
Allina Health System

Minneapolis, MN

PURPOSE: GENERAL SUPPORT

$40,000
View Grant Recipient Profile

Create an account to unlock the data you need.

or