SHARED HOUSING CENTER INC

EIN: 752137522 501(c)(3) Housing & Shelter

DALLAS, TX

Total Revenue
$844,885
Total Expenses
$1,006,992
Total Assets
$4,806,557
Net Assets
$4,413,254
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Financial Trends

Organization Details

Formation Year
1986
Legal Domicile
TX
Principal Officer
MARIA MACHADO
Phone
2148218510
Tax Period
2023-01-01 to 2023-12-31

SHARED HOUSING CENTER INC, founded in 1986, is a small nonprofit in the Housing & Shelter sector that reported $845K in total revenue in fiscal year 2023. Revenue fell 76% from the prior year — a significant decline worth monitoring. Expenses of $1.0M exceeded revenue, resulting in a 19% operating deficit.

Mission

WE OFFER HOUSING SOLUTIONS WITH SUPPORTIVE SERVICES, FOCUSING ON ECONOMIC INDEPENDENCE, VOCATIONAL ADVANCEMENT AND ACADEMIC ACHIEVEMENT.

Program Service Accomplishments

Program 1
Expenses: $495,258

GROUP RESIDENCE FACILITIES HOUSE SINGLE WOMEN WITH SMALL CHILDREN AND OLDER ADULTS. THROUGH OUR PARTNERSHIP EFFORTS, WE ARE ABLE TO OFFER DAYCARE, MENTAL HEALTH COUNSELING AND LIFE SKILLS TRAINING...

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GROUP RESIDENCE FACILITIES HOUSE SINGLE WOMEN WITH SMALL CHILDREN AND OLDER ADULTS. THROUGH OUR PARTNERSHIP EFFORTS, WE ARE ABLE TO OFFER DAYCARE, MENTAL HEALTH COUNSELING AND LIFE SKILLS TRAINING. ADULTS HAVE THE OPPORTUNITY TO IMPROVE THEIR EDUCATION AND EMPLOYMENT SKILLS, BUDGET MANAGEMENT, COMPUTER KNOWLEDGE, AND ENHANCED PARENTING SKILLS. CHILDREN ARE ENRICHED WITH AFTER-SCHOOL PROGRAMS, MONTHLY LITERACY PROGRAMS AND RECREATIONAL, EDUCATIONAL AND SOCIAL SERVICES. TRANSITIONAL IN SETTING, THE GOAL OF THE PROGRAM IS FOR OUR FAMILIES TO BECOME SELF-SUFFICIENT, STABLE AND INDEPENDENT. WE ASSISTED 33 FAMILIES WITH WOMEN AND CHILDREN AND ENJOY A HIGH SUCCESS RATE.

Program 2
Expenses: $204,760

IN PARTNERSHIP WITH THE CITY OF DALLAS AND DALLAS HOUSING AUTHORITY (DHA), SHARED HOUSING PROVIDES RAPID REHOUSING TO HOMELESS FAMILIES AND HOMELESS SENIOR CITIZENS AND DISABLED INDIVIDUALS USING DHA...

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IN PARTNERSHIP WITH THE CITY OF DALLAS AND DALLAS HOUSING AUTHORITY (DHA), SHARED HOUSING PROVIDES RAPID REHOUSING TO HOMELESS FAMILIES AND HOMELESS SENIOR CITIZENS AND DISABLED INDIVIDUALS USING DHA APARTMENTS. CLIENTS HAVE ACCESS TO OUR FOOD PANTRY, COMPUTER LAB, AND DONATION ROOM OF CLOTHING, SHOES, ETC. THIS PROGRAM ASSISTED 145 FAMILIES IN 2023.

Program 3
Expenses: $52,361

HOMESHARE FACILITATES ARRANGEMENTS BETWEEN INDIVIDUALS IN DALLAS COUNTY WHO HAVE MORE HOUSING THAN THEY NEED WITH PEOPLE AND/OR FAMILIES IN NEED OF HOUSING. SERVICES INCLUDE CAREFUL SCREENING...

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HOMESHARE FACILITATES ARRANGEMENTS BETWEEN INDIVIDUALS IN DALLAS COUNTY WHO HAVE MORE HOUSING THAN THEY NEED WITH PEOPLE AND/OR FAMILIES IN NEED OF HOUSING. SERVICES INCLUDE CAREFUL SCREENING, CRIMINAL BACKGROUND AND REFERENCE CHECKS, HOME VISITS, ASSISTANCE WITH THE HOUSEMATCH TRIAL PERIOD AND ONGOING ASSISTANCE TO ASSURE THE SUCCESS OF THE MATCH, REMATCH ASSISTANCE IF NEEDED, AND INFORMATION AND REFERRAL TO OTHER SERVICES WHEN APPROPRIATE. IN 2023, THIS PROGRAM FACILIATED NEW HOMESHARE ARRANGEMENTS, ASSISTING 26 INDIVIDUALS.

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $747,339
Program Service Revenue $22,597
Investment Income $20,600
Other Revenue $54,349
TOTAL REVENUE $844,885

Expense Breakdown

Grants Paid $384,429
Salaries & Benefits $371,102
Fundraising Expenses $45,554
Program Expenses $752,379
Other Expenses $251,461
TOTAL EXPENSES $1,006,992

Year-over-Year Comparison

2023 2022 Change
Revenue $844,885 $3,563,493 -0.8%
Expenses $1,006,992 $784,743 +0.3%
Net Income $-162,107 $2,778,750 -1.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
12
Independent Members
12
Employees
15
Volunteers
225

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
7
$72,250
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
REBECCA CABALLERO DIRECTOR 2.00
Director
$0 $0 $0
SCOTT EVANS DIRECTOR 2.00
Director
$0 $0 $0
DENISE MCELROY PRESIDENT 2.00
Officer Director
$0 $0 $0
KRISTOPHER CARTAGENA TREASURER 2.00
Officer Director
$0 $0 $0
NEIL R BURGER SECRETARY 2.00
Officer Director
$0 $0 $0
ANGEL GUERRERO DIRECTOR 2.00
Director
$0 $0 $0
R TYLER JOHNSON DIRECTOR 2.00
Director
$0 $0 $0
MIA LACKEY VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
LOTENA STRAWTHER DIRECTOR 2.00
Director
$0 $0 $0
KEVIN MOUNTCASTLE VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
MICHAEL COTTRELL PAST PRESIDENT 2.00
Officer Director
$0 $0 $0
JOHN J HERLIHY DIRECTOR 2.00
Director
$0 $0 $0
MARIA MACHADO EXECUTIVE 28.00
Officer
$72,250 $0 $72,250
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 $844,885 $1,006,992 $4,806,557 $-162,107
2022 $3,563,493 $784,743 $4,957,009 $2,778,750
2021 $909,585 $939,977 $4,256,632 $-30,392
2020 $888,315 $789,826 $4,235,618 $98,489
2019 $1,327,182 $515,644 $3,401,846 $811,538
2018 $414,255 $373,844 $1,950,141 $40,411
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