ADAMS, MA
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Sign In — Free (10 views/day)LOUISON HOUSE INC, founded in 1990, is a community nonprofit in the Housing & Shelter sector that reported $1.7M in total revenue in fiscal year 2023. Expenses of $1.6M left a modest 7% surplus.
THE MISSION OF LOUISON HOUSE IS TO MEET THE NEEDS OF OUR NEIGHBORS WHO ARE EXPERIENCING HOMELESSNESS OR ARE AT RISK OF HOUSING INSTABILITY.
TRANSITIONAL HOUSING - THE LOUISON HOUSE PROVIDES A TRANSITIONAL HOUSING SHELTER THAT HAS BEEN IN EXISTENCE SINCE 1990. AS A CONGREGATE LIVING SHELTER, LOUISON HOUSE CAN HOUSE BOTH FAMILIES AND...
TRANSITIONAL HOUSING - THE LOUISON HOUSE PROVIDES A TRANSITIONAL HOUSING SHELTER THAT HAS BEEN IN EXISTENCE SINCE 1990. AS A CONGREGATE LIVING SHELTER, LOUISON HOUSE CAN HOUSE BOTH FAMILIES AND INDIVIDUALS FOR UP TO TWO YEARS BUT AIMS TO GET PEOPLE OUT TO AFFORDABLE HOUSING AS SOON AS POSSIBLE. THE AVERAGE STAY AT OUR SHELTER HAS INCREASED TO 5-6 MONTHS DUE TO HIGHER RENTS AND LONGER WAIT LISTS IN OUR AREA. ENTRANCE TO THE SHELTER IS PRIORITIZED ACCORDING TO FEDERAL HUD GUIDELINES: BY LEVEL OF HOMELESSNESS (LENGTH, ETC.), WEIGHTED BY OTHER FEDERAL PRIORITIES (DOMESTIC VIOLENCE, SAFETY, DISABILITIES, ETC.). ALL RESIDENTS WORK ON AN INDIVIDUAL SERVICE PLAN WITH STAFF WITH THE MAJOR GOAL OF OVERCOMING ANY BARRIERS THEY MAY HAVE TO SUCCESSFULLY OBTAIN HOUSING. A RANGE OF SUPPORTIVE SERVICES ARE OFFERED, INCLUDING CASE MANAGEMENT, BUDGET/FINANCIAL COUNSELING, EDUCATION/CAREER PLANNING, JOB/HOUSING SEARCH ASSISTANCE AND LIFE-SKILLS TRAINING. THE PURPOSE OF THE TRANSITIONAL HOUSING PROGRAM IS TO HELP OUR RESIDENTS OBTAIN AFFORDABLE HOUSING WITH THE INCOME NECESSARY TO AT LEAST MEET THEIR BASIC LIVING NEEDS AND TO ASSIST THEM TO REACH THEIR PERSONAL GOALS. MOST OF OUR RESIDENTS SECURE PERMANENT HOUSING UPON EXIT AND EITHER MAINTAIN OR INCREASE THEIR INCOME BY THE TIME THEY LEAVE OUR HOUSING.
PERMANENT SUPPORTIVE HOUSING - THE PSH PROGRAM HOUSES FAMILIES AND INDIVIDUALS THAT FIT THE FEDERAL HUD STANDARDS FOR CHRONIC HOMELESSNESS. LOUISON HOUSE HAS 6 INDIVIDUALS AND 3 FAMILIES IN SCATTER...
PERMANENT SUPPORTIVE HOUSING - THE PSH PROGRAM HOUSES FAMILIES AND INDIVIDUALS THAT FIT THE FEDERAL HUD STANDARDS FOR CHRONIC HOMELESSNESS. LOUISON HOUSE HAS 6 INDIVIDUALS AND 3 FAMILIES IN SCATTER SITE LEASED APARTMENTS THAT ARE SUBSIDIZED THROUGH LOUISON HOUSE. PEOPLE IN THIS PROGRAM CAN STAY IN THEIR UNIT FOR AS LONG AS IS NEEDED TO ENSURE THEIR LATER HOUSING SUCCESS. TO SUPPORT OUR CLIENTS PROGRESS, LOUISON HOUSE STAFF PROVIDE BUDGETING AND OTHER SUPPORTIVE SERVICES TO HELP MEET THE NEEDS AND INDIVIDUAL GOALS OF EACH PERSON, IN ADDITION TO DEVELOPING SERVICE PLANS FOR HOUSING SUCCESS.
PREVENTATIVE OUTREACH SUPPORT - PREVENTATIVE OUTREACH SUPPORT AIMS TO HELP PEOPLE SECURE HOUSING BEFORE REACHING HOMELESSNESS. ADDITIONALLY, OUTREACH TO PEOPLE WHO HAVE LEFT LOUISON HOUSES PROGRAMS...
PREVENTATIVE OUTREACH SUPPORT - PREVENTATIVE OUTREACH SUPPORT AIMS TO HELP PEOPLE SECURE HOUSING BEFORE REACHING HOMELESSNESS. ADDITIONALLY, OUTREACH TO PEOPLE WHO HAVE LEFT LOUISON HOUSES PROGRAMS CAN HELP THEM RETAIN THEIR HOUSING. THIS PROGRAM PROVIDES SUPPORTIVE INFORMATION AND REFERRALS TO AREA RESOURCES TO HELP PREVENT SHELTER HOUSING. EMERGENCY ASSISTANCE - EMERGENCY BEDS ASSISTANCE, ESPECIALLY DURING WINTER MONTHS, PROVIDES HELP TO SECURE EMERGENCY HOUSING THROUGH REFERRALS AND PLACEMENT. FOOD ASSISTANCE IS PROVIDED TO HELP PEOPLE IN CRISIS TO SECURE FOOD UNTIL THEY CAN ACCESS LOCAL FOOD RESOURCES. THIS IS OFFERED ON LIMITED BASIS TO LOUISON HOUSE PROGRAM PARTICIPANTS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $1,680,120 | $1,721,094 | 0.0% |
| Expenses | $1,568,074 | $1,684,433 | -0.1% |
| Net Income | $112,046 | $36,661 | +2.1% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| MIKE CUTLER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| BETTY HAKES | TREASURER | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| PAUL MARINO | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MAKAYLA COURTNEY MCGEENEY | PRESIDENT | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| SANDY RACETTE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DAVID RHOADS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| LYNN RHOADS | DIRECTOR | 1.00 |
Director
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$0 | $0 | $0 |
| DONALD WRIGHT | DIRECTOR | 1.00 |
Director
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$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $1,680,120 | $1,568,074 | $849,672 | $112,046 |
| 2023 | $1,721,094 | $1,684,433 | $791,856 | $36,661 |
| 2022 | $1,018,530 | $922,258 | $586,981 | $96,272 |
| 2021 | $932,629 | $767,208 | $2,735,089 | $165,421 |
| 2020 | $569,015 | $547,709 | $1,613,816 | $21,306 |
| 2019 | $483,184 | $482,730 | $913,519 | $454 |
| 2018 | $493,955 | $521,047 | $436,337 | $-27,092 |
Compare LOUISON HOUSE INC with other nonprofits in Massachusetts and across the country.