THE HOUSING COLLECTIVE INC

EIN: 205529890 501(c)(3) Crime & Legal

BRIDGEPORT, CT

Total Revenue
$11,573,036
Total Expenses
$11,699,867
Total Assets
$7,052,962
Net Assets
$373,080
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
CT
Principal Officer
DAVID RICH
Phone
2035793180
Tax Period
2023-01-01 to 2023-12-31

THE HOUSING COLLECTIVE INC, founded in 2006, is a mid-sized nonprofit in the Crime & Legal sector that reported $11.6M in total revenue in fiscal year 2023. Revenue surged 23% from the prior year, signaling strong growth momentum.

Mission

THE HOUSING COLLECTIVE WORKS TO ENSURE EQUITABLE ACCESS TO SAFE, AFFORDABLE HOUSING THROUGH COLLECTIVE IMPACT. BY SERVING AS THE BACKBONE ORGANIZATION, IT ALIGNS RESOURCES AND STRATEGIC INITIATIVES IN COLLABORATION WITH REGIONAL PARTNERS ACROSS CONNECTICUT TO SOLVE HOMELESSNESS AND IMPROVE HOUSING AFFORDABILITY. CORE PROGRAMS INCLUDE OPENING DOORS, CENTERS FOR HOUSING OPPORTUNITY, AND THE HOUSING INNOVATION LAB, WHICH TOGETHER DRIVE DATA-INFORMED SOLUTIONS TO ACHIEVE SYSTEMS CHANGE AND ADDRESS HOUSING INSTABILITY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $11,473,068
Program Service Revenue $0
Investment Income $0
Other Revenue $99,968
TOTAL REVENUE $11,573,036

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,768,028
Fundraising Expenses $205,018
Program Expenses $11,043,434
Other Expenses $9,931,839
TOTAL EXPENSES $11,699,867

Year-over-Year Comparison

2023 2022 Change
Revenue $11,573,036 $9,382,708 +0.2%
Expenses $11,699,867 $9,220,520 +0.3%
Net Income $-126,831 $162,188 -1.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
12
Independent Members
12
Employees
28
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
1
$158,878
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CARLA MIKLOS MEMBER 1.00
Director
$0 $0 $0
CARMEN COLON MEMBER 1.00
Director
$0 $0 $0
DENISE WILLIAMS MEMBER 1.00
Director
$0 $0 $0
MICHELE CONDERINO TREASURER 1.00
Director
$0 $0 $0
BELINDA ARCE-LOPEZ MEMBER 1.00
Director
$0 $0 $0
JULIE SCHARNBERG MEMBER 1.00
Director
$0 $0 $0
MARVIN BLELL MEMBER 1.00
Director
$0 $0 $0
MOLLIE MELBOURNE MEMBER 1.00
Director
$0 $0 $0
JILLIAN BALDWIN MEMBER 1.00
Director
$0 $0 $0
JULIAN PIERCE MEMBER 1.00
Director
$0 $0 $0
MELISSA KAPLAN-MACEY MEMBER 1.00
Director
$0 $0 $0
MELISSA KESSELL MEMBER 1.00
Director
$0 $0 $0
NADIM MATTA MEMBER 1.00
Director
$0 $0 $0
ANNIE HARPER MEMBER 1.00
Director
$0 $0 $0
MAYA PRABHU MEMBER 1.00
Director
$0 $0 $0
DAVID RICH EXECUTIVE DIRECTOR 40.00
Officer
$149,378 $9,500 $158,878
LAUREN SHEEHAN OPERATIONS DIRECTOR 40.00
Highest
$125,000 $7,500 $132,500
JESSICA KUBICKI DIRECTOR 40.00
Highest
$120,000 $7,000 $127,000
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $11,573,036 $11,699,867 $7,052,962 $-126,831
2022 $9,382,708 $9,220,520 $6,878,977 $162,188
2021 $6,154,712 $6,006,034 $4,061,260 $148,678
2020 $5,157,382 $5,177,148 $2,799,383 $-19,766
2019 $1,946,416 $1,953,904 $832,715 $-7,488
2018 $1,437,228 $1,477,517 $599,080 $-40,289
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