Family Housing Resources Inc

Organization Overview

Family Housing Resources Inc is located in Tucson, AZ. The organization was established in 2000. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, Family Housing Resources Inc employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Family Housing Resources 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, Family Housing Resources Inc generated $6.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (21.4%) each year. All expenses for the organization totaled $2.8m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (16.7%) 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

WE CREATE LASTING SOLUTIONS TO HELP INDIVIDUALS AND FAMILIES REACH FINANCIAL FREEDOM THROUGH HOUSING SUPPORT, EDUCATION, AND PARTNERSHIP.

Describe the Organization's Program Activity:

Part 3 - Line 4a

MULTI-FAMILY HOUSING PROGRAM - FHR OWNS AND PROVIDES ADMINSTRATIVE AND MANAGEMENT SUPPORT TO TWO APARTMENT RENTAL COMMUNITIES IN TUCSON WHICH ARE OFFERED TO LOW TO MODERATE INCOME INDIVIDUALS AND FAMILIES. 178 UNITS ARE OFFERED TO RESIDENTS. FHR ALSO OWNS AND MANAGES A HUD SECTION 202 ELDERLY HOUSING PROJECT CONSISTING OF 43 UNITS WHICH ARE RENTED TO LOW TO MODERATE INCOME ELDERLY INDIVIDUALS.


SUPPORTIVE HOUSING PROGRAMS - FHR CONDUCTS HOMEBUYER COUNSELING PROGRAMS AND ALSO SPONSORS DOWNPAYMENT ASSISTANCE PROGRAMS (DAP) THROUGH HUD. FHR PROVIDES PROPERTY MANAGEMENT SERVICES TO ITS VARIOUS RESIDENTIAL PROJECTS AVAILABLE TO LOW TO MODERATE INCOME INDIVIDUALS AND FAMILIES. FHR PROVIDES ASSISTANCE WITH FINANCING NEEDS TO THEIR TARGET POPULATIONS.


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Board, Officers & Key Employees

Name (title)Compensation
Meghan Heddings
Executive Dir.
$125,368
Megan O'leary
Secretary
$0
Diane Quihuis
Treasurer
$0
Stanley Lehman
President
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
United Healthcare
Health Services
$209,996
Az Partsmaster
Maintenance Supplies
$100,401
Criterion
Flooring
$159,523
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$741,225
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$741,225
Total Program Service Revenue$1,542,669
Investment income $5,576
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $3,475,334
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $6,406,733

Grants Awarded

Over the last fiscal year, Family Housing Resources Inc has awarded $9,128,853 in support to 7 organizations.

Grant RecipientAmount

SOUTHERN ARIZONA LAND TRUST

Org PageRecipient Profile

Tucson, AZ

PURPOSE: FOR OPERATIONS

$4,000,000

IDA OF THE COUNTY OF PIMA

PURPOSE: FOR OPERATIONS

$3,928,853

FHR CARES INC

PURPOSE: FOR OPERATIONS

$1,000,000

UNITED WAY OF TUCSONSOUTH AZ

PURPOSE: FOR OPERATIONS

$100,000

OUR FAMILY SERVICES INC

Org PageRecipient Profile

Tucson, AZ

PURPOSE: FOR OPERATIONS

$50,000

LA FRONTERA ARIZONA INC

PURPOSE: FOR OPERATIONS

$25,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Family Housing Resources Inc has recieved totaling $500.

Awarding OrganizationAmount
Mc Companies-Sharing The Good Life Foundation

Scottsdale, AZ

PURPOSE: PROGRAM SUPPORT

$500
View Grant Recipient Profile

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