WAYPOINT HOUSING INSIGHTS INC

EIN: 820984655 501(c)(3) Housing & Shelter

KILLEN, AL

Total Revenue
$311,725
Total Expenses
$3,636
Total Assets
$309,672
Net Assets
$308,089
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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
TN
Principal Officer
CHARLES RAMSEY
Phone
2565775044
Tax Period
2024-01-01 to 2024-12-31

WAYPOINT HOUSING INSIGHTS INC, founded in 2017, is a small nonprofit in the Housing & Shelter sector that reported $312K in total revenue in fiscal year 2024. The organization ran a surplus of $308K, a strong 99% operating margin.

Mission

WAYPOINT HOUSING INSIGHTS, INC. IS A TENNESSEE CORPORATION CHARTERED IN 2017 EXCLUSIVELY FOR CHARITABLE, SCIENTIFIC, LITERARY AND EDUCATIONAL PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE IRS CODE, INCLUDING TO ASSIST COMMUNITIES BY PROVIDING QUALITY HOUSING OPPORTUNITIES FOR LOW- INCOME, MINORITY, DISABLED AND ELDERLY RESIDENTS BY ACQUIRING, DEVELOPING, PRESERVING, REHABILITATING AND OWNING AFFORDABLE MULTI- AND SINGLE-FAMILY HOUSING DEVELOPMENTS SPECIFICALLY DESIGNATED FOR HOUSEHOLDS WHOSE INCOMES ARE BELOW THE MEDIAN FAMILY INCOME, THROUGH HOUSING EDUCATION AND PLACEMENT EFFORTS FOR THOSE PERSONS AND FAMILIES IN NEED OF AFFORDABLE HOUSING OPTIONS, THROUGH THE PROVISION OF RENTAL ASSISTANCE FOR PERSONS AND FAMILIES DRAMATICALLY OVERBURDENED BY HOUSING COSTS, AND BY WORKING WITH LOCAL GOVERNMENTS TO HELP PROVIDE, MAINTAIN AND GROW LOW-INCOME HOUSING OPPORTUNITIES WITHIN THEIR COMMUNITIES.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $300,000
Program Service Revenue $11,725
Investment Income $0
Other Revenue $0
TOTAL REVENUE $311,725

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $3,636
Other Expenses $3,636
TOTAL EXPENSES $3,636

Year-over-Year Comparison

2024 2023 Change
Revenue $311,725 N/A N/A
Expenses $3,636 N/A N/A
Net Income $308,089 N/A N/A
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
5
Independent Members
5
Employees
N/A
Volunteers
3

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
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TIM COLEMAN DIRECTOR 5.00
Director
$0 $0 $0
ANTHONY GATTA DIRECTOR 5.00
Director
$0 $0 $0
LARRY HAZELWOOD DIRECTOR 5.00
Director
$0 $0 $0
VICTORIA D MABE DIRECTOR 5.00
Director
$0 $0 $0
SARA MARTINEZ DIRECTOR 5.00
Director
$0 $0 $0
CHARLES RAMSEY PRESIDENT 30.00
Officer
$0 $0 $0
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 $311,725 $3,636 $309,672 $308,089
2024 No data No data No data No data
2024 No data No data No data No data
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