Housing Counseling Services Inc
- Assets
- $5.6m
- Revenue
- $20.3m
- Investments
- $0.0
- Employees
- 115
- Location
- Washington, DC
- Founding
- 10/1973
- Data as of
- 06/2022
- EIN
- 52-0958568
Organization Overview
Housing Counseling Services Inc is located in Washington, DC. The organization was established in 1973. According to its NTEE Classification (L80) the organization is classified as: Housing Support, under the broad grouping of Housing & Shelter and related organizations. As of 06/2022, Housing Counseling Services Inc employed 115 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Housing Counseling Services 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 Counseling Services Inc generated $20.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.7% each year . All expenses for the organization totaled $18.9m during the year ending 06/2022. While expenses have increased by 15.8% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE HOUSING COUNSELING AND TRAINING TO LOW & MODERATE INCOME BUYERS, HOMEOWNERS & TENANTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EMERGENCY RENTAL ASSISTANCE TO HOMELESS FAMILIES - WE PROVIDE VARIOUS TYPES OF ASSISTANCE TO APPROXIMATELY 1,683 HOUSEHOLDS. THEY INCLUDE:- ASSISTANCE TO FAMILIES WITH CHILDREN, DISABLED PEOPLE AND ELDERLY PEOPLE.- ASSISTANCE WITH FIRST MONTH'S RENT AND SECURITY DEPOSIT OR WITH RENT ARREARAGES.- ASSIST VETERANS WITH EMERGENCY ASSISTANCE AS WELL AS HOMELESSNESS PREVENTION AND RE-HOUSING.
OTHER PROGRAMS
HOUSING OPPORTUNITIES FOR PEOPLE WITH AIDS - WE PROVIDE VARIOUS HOUSING SERVICES OFFERED TO PEOPLES WITH HIV/AIDS. THIS ASSISTANCE IS TYPICALLY PROVIDED TO APPROXIMATELY 5,704 HOUSEHOLDS.
COMMUNITY BASED SERVICES - WE PROVIDE HOUSING COUNSELING, ADVOCACY AND TRAINING TO LOW/MODERATE INCOME HOME BUYING, HOMEOWNERS, AND TENANTS. AS A RESULT, THEY ARE ABLE TO LIVE IN HEALTHY, SAFE, AND AFFORDABLE HOMES. THIS ASSISTANCE IS TYPICALLY PROVIDED TO APPROXIMATELY 18,008 HOUSEHOLDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Margarita Dilone President | OfficerTrustee | 1 | $0 |
Eric Rome Vice President | OfficerTrustee | 1 | $0 |
Carlynn Jenkins Treasurer | OfficerTrustee | 1 | $0 |
Damien Atkins Secretary | OfficerTrustee | 1 | $0 |
Shane Cochran Board Member | Trustee | 1 | $0 |
Marian Siegel Executive Director | Officer | 35 | $157,583 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ldr Associates Llc Accounting Services | 6/29/22 | $161,773 |
Metropolitan Quality Inspections Inc Home Inspections | 6/29/22 | $132,917 |
Perfect Homes Inspection Llc Home Inspections | 6/29/22 | $132,917 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $18,826,728 |
| All other contributions, gifts, grants, and similar amounts not included above | $680,702 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $19,507,430 |
| Total Program Service Revenue | $818,270 |
| Investment income | $22 |
| 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 | $20,325,722 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $8,833,894 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $179,432 |
| Compensation of current officers, directors, key employees. | $15,916 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,118,369 |
| Pension plan accruals and contributions | $216,927 |
| Other employee benefits | $417,531 |
| Payroll taxes | $525,199 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $218,150 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,159,590 |
| Advertising and promotion | $0 |
| Office expenses | $417,112 |
| Information technology | $88,147 |
| Royalties | $0 |
| Occupancy | $555,019 |
| Travel | $58,629 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $105 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,793 |
| Insurance | $61,899 |
| All other expenses | $0 |
| Total functional expenses | $18,877,197 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,371,390 |
| Savings and temporary cash investments | $68,581 |
| Pledges and grants receivable | $1,806,201 |
| Accounts receivable, net | $2,210,790 |
| 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 | $84,088 |
| Net Land, buildings, and equipment | $15,760 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $20,000 |
| Total assets | $5,576,810 |
| Accounts payable and accrued expenses | $509,815 |
| Grants payable | $0 |
| Deferred revenue | $335,009 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $8,769 |
| 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 | $215,956 |
| Total liabilities | $1,069,549 |
| Net assets without donor restrictions | $4,046,889 |
| Net assets with donor restrictions | $460,372 |
| 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 | $5,576,810 |