Lgbt Housing Initiatve is located in Westlake, OH. According to its NTEE Classification (P88) the organization is classified as: LGBT Centers, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lgbt Housing Initiatve 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 12/2023, Lgbt Housing Initiatve generated $134.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (5.1%) each year. All expenses for the organization totaled $96.5k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (12.2%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
DONATED $10,000 EACH TO 9 ORGANIZATIONS WHO ELEVATE LGBTQ+ YOUTH OUT OF HOMELESSNESS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dave Gervase Trustee | Trustee | 0 | $0 |
Kimberly Davis Trustee | Trustee | 0 | $0 |
Michael Zinicola Trustee | Trustee | 10 | $0 |
Matthew Buchta Trustee | Trustee | 0 | $0 |
Nicole Moore Trustee | Trustee | 0 | $0 |
Bradford Davis Trustee | Trustee | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $134,513 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $134,513 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $6,476 |
| Total expenses | $96,476 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $98,917 |
| Other assets | $0 |
| Total assets | $98,917 |
| Total liabilities | $0 |
| Net assets or fund balances | $98,917 |
| Organization Name | Assets | Revenue |
|---|---|---|
Kalamazoo Gay-Lesbian Resource Center Kalamazoo, MI | $1,066,038 | $579,427 |
Brushfire Collective Detroit, MI | $73,323 | $272,266 |
Greater Dayton Lgbt Center Inc Dayton, OH | $438,232 | $0 |
Transyouniting Pittsburgh, PA | $29,250 | $0 |
Phantasy Community Foundation Rocky River, OH | $467,043 | $573,509 |
Lgbt Housing Initiatve Westlake, OH | $98,917 | $0 |
Blue Water Allies Port Huron, MI | $52,658 | $0 |