Skid Row Housing Trust
- Assets
- $140.7m
- Revenue
- $20.9m
- Investments
- $0.0
- Employees
- 151
- Location
- Los Angeles, CA
- Founding
- 07/1990
- Data as of
- 12/2019
- EIN
- 95-4205316
Organization Overview
Skid Row Housing Trust is located in Los Angeles, CA. The organization was established in 1990. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2019, Skid Row Housing Trust employed 151 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 12/2019, Skid Row Housing Trust generated $20.9m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $20.0m during the year ending 12/2019. While expenses have increased by 3.0% per year over the past 5 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
SKID ROW HOUSING TRUST (THE TRUST) PRODUCES, PRESERVES AND OPERATES SUPPORTIVE HOUSING. THE TRUST SERVES THE POOREST AND MOST VULNERABLE PEOPLE, INCLUDING THE HOMELESS AND THOSE WHO MAY BECOME HOMELESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SKID ROW HOUSING TRUST ENGAGES IN THE DEVELOPMENT, MANAGEMENT, SUPPORT, ADMINISTRATION, AND RENTAL ACTIVITIES THAT ARE DIRECTLY RELATED TO THE PROVISION OF LOW INCOME HOUSING TO INDIVIDUALS WITH SPECIAL NEEDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisa Raagas President & CEO | Officer | 40 | $229,969 |
Sierra Atilano Chief Re Office | Officer | 40 | $188,199 |
Monique Davis Chief Ce Office | Officer | 40 | $184,827 |
Jason T Shaplen CEO | Officer | 40 | $167,050 |
Dana Parker Trujillo CFO & Cio | Officer | 40 | $157,820 |
John A Lahey VP Case Management | 40 | $129,773 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Job Leaders Inc Executive Coaching | 12/30/19 | $451,599 |
Mainway Llc Accounting | 12/30/19 | $187,779 |
Roth Staffing Companies Lp Staffing | 12/30/19 | $129,649 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $142,261 |
| Related organizations | $0 |
| Government grants | $4,813,692 |
| All other contributions, gifts, grants, and similar amounts not included above | $903,022 |
| Noncash contributions included in lines 1a–1f | $7,692 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,858,975 |
| Total Program Service Revenue | $14,790,873 |
| Investment income | $320,235 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$36,378 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $20,933,705 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,872,906 |
| Compensation of current officers, directors, key employees. | $494,561 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,316,490 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $748,151 |
| Payroll taxes | $636,055 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $232,634 |
| Fees for services: Accounting | $422,416 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,856,035 |
| Advertising and promotion | $4,554 |
| Office expenses | $386,331 |
| Information technology | $58,959 |
| Royalties | $0 |
| Occupancy | $19,165 |
| Travel | $91,141 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $9,674 |
| Interest | $1,246,025 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,530,271 |
| Insurance | $124,708 |
| All other expenses | $1,158,320 |
| Total functional expenses | $19,973,872 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $860,822 |
| Savings and temporary cash investments | $56,211 |
| Pledges and grants receivable | $899,510 |
| Accounts receivable, net | $152,521 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $16,568,082 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $868,804 |
| Net Land, buildings, and equipment | $48,929,264 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $58,151,755 |
| Intangible assets | $5,104 |
| Other assets | $14,211,306 |
| Total assets | $140,703,379 |
| Accounts payable and accrued expenses | $2,999,931 |
| Grants payable | $0 |
| Deferred revenue | $91,583 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $69,772,187 |
| Unsecured mortgages and notes payable | $59,919,202 |
| Other liabilities | $23,224,708 |
| Total liabilities | $156,007,611 |
| Net assets without donor restrictions | -$16,249,883 |
| Net assets with donor restrictions | $945,651 |
| 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 | $140,703,379 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Skid Row Housing Trust has recieved totaling $127,107.
| Awarding Organization | Amount |
|---|---|
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: GENERAL SUPPORT | $30,000 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: GENERAL SUPPORT | $30,000 |
Csp Family Foundation Summit, NJ PURPOSE: GENERAL | $25,000 |
Los Angeles Regional Food Bank Los Angeles, CA PURPOSE: SEE MISSION STATEMENT | $15,530 |
Lava Mae Alameda, CA PURPOSE: Program:Grants Paid | $10,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $8,577 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Second Harvest Of The Greater Valley Manteca, CA | $6,868,918 | $46,568,235 |
The Clear Fund Oakland, CA | $43,908,385 | $51,079,383 |
The Albertsons Companies Foundation Pleasanton, CA | $41,450,438 | $46,344,229 |
Gary Sinise Foundation Los Angeles, CA | $51,598,916 | $42,908,528 |
Community Initiatives Oakland, CA | $32,963,465 | $33,654,695 |
St Baldricks Foundation Inc Monrovia, CA | $32,038,039 | $26,306,485 |
Gofundme Org Los Altos, CA | $3,296,431 | $30,792,768 |
Fullerton Family Foundation Novato, CA | $0 | $1,583 |
Tides Network San Francisco, CA | $7,826,192 | $23,505,764 |
Skid Row Housing Trust Los Angeles, CA | $140,703,379 | $20,933,705 |
Mgm Resorts Foundation Las Vegas, NV | $8,555,981 | $16,665,456 |
Family Assistance Ministries San Clemente, CA | $8,738,065 | $17,493,747 |