LA Family Housing Corp

EIN: 953920560 501(c)(3)

North Hollywood, CA

Total Revenue
$71,522,800
Total Expenses
$90,779,510
Total Assets
$164,667,290
Net Assets
$37,185,308
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1983
Legal Domicile
CA
Principal Officer
LLOYD WRIGHT
Phone
8182552702
Tax Period
2023-01-01 to 2023-12-31

LA Family Housing Corp, founded in 1983, is a mid-sized nonprofit that reported $71.5M in total revenue in fiscal year 2023. Revenue fell 34% from the prior year — a significant decline worth monitoring. Expenses of $90.8M exceeded revenue, resulting in a 27% operating deficit.

Mission

L.A. FAMILY HOUSING CORPORATION AND ITS AFFILIATED ORGANIZATIONS HELP HOMELESS AND LOW-INCOME FAMILIES AND INDIVIDUALS OF THE GREATER LOS ANGELES AREA TRANSITION OUT OF POVERTY AND CREATE LASTING STABILITY BY PROVIDING A COMPREHENSIVE RANGE OF SUPPORTIVE SERVICES AND OFFERS A CONTINUUM OF HOUSING, INCLUDING EMERGENCY AND BRIDGE, SCATTERED SITE PLACEMENT, PERMANENT SUPPORTIVE AND PERMANENT AFFORDABLE HOUSING.

Program Service Accomplishments

Program 1
Expenses: $688,927 Revenue: $524,366

ALABAMA COURT- A 42-UNIT APARTMENT BUILDING HOUSING LOW INCOME FORMERLY HOMELESS INDIVIDUALS AND FAMILIES LOCATED IN CANOGA PARK, CALIFORNIA. 2018. THE OFFICE SPACE WAS PLACED IN SERVICE IN JULY 2019...

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ALABAMA COURT- A 42-UNIT APARTMENT BUILDING HOUSING LOW INCOME FORMERLY HOMELESS INDIVIDUALS AND FAMILIES LOCATED IN CANOGA PARK, CALIFORNIA. 2018. THE OFFICE SPACE WAS PLACED IN SERVICE IN JULY 2019 AND THE CLINIC DECEMBER 2019.

Program 2
Expenses: $62,306,571 Revenue: $5,150,668

THE L.A. FAMILY HOUSING HOMELESS SERVICES PROVIDES FOR CRISIS AND BRIDGE HOUSING FOR THOUSANDS OF HOMELESS PEOPLE EACH YEAR, INCLUDING 250 BEDS FOR SINGLE ADULTS AND 12 UNITS FOR UP TO 65 FAMILIES...

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THE L.A. FAMILY HOUSING HOMELESS SERVICES PROVIDES FOR CRISIS AND BRIDGE HOUSING FOR THOUSANDS OF HOMELESS PEOPLE EACH YEAR, INCLUDING 250 BEDS FOR SINGLE ADULTS AND 12 UNITS FOR UP TO 65 FAMILIES. COMMUNIDAD CESAR CHAVEZ IS A 27-UNIT BUILDING THAT PROVIDES EMERGENCY OR BRIDGE HOUSING TO APPROXIMATELY 75 FAMILIES FROM EAST AND SOUTH LOS ANGELES EACH YEAR. WHEN FAMILIES COME TO L.A. FAMILY HOUSING, THEY ARE MOST OFTEN HOMELESS, HAVING EXHAUSTED ALL OTHER RESOURCES OF STAYING WITH FAMILY AND FRIENDS, OR IN MOTELS AND HOSTELS. WALKING THROUGH OUR DOORS, THEY FIND IMMEDIATE ASSISTANCE. OUR FAMILY RESPONSE TEAM ASSESSES THEIR MOST PRESSING NEEDS AND, IF THEY HAVE NO OTHER PLACE TO GO, STAFF WILL PLACE THEM INTO ONE OF OUR BRIDGE HOUSING PROPERTIES. WITH AN ONSITE FOOD PANTRY, COMPUTER LAB, LIBRARY AND COMMUNITY ROOM, PLUS A PLAYGROUND, BASKETBALL COURT AND COMMUNITY GARDEN, WE PROVIDE CHILDREN AND THEIR FAMILIES A SAFE AND SECURE PLACE TO STAY WHILE WE HELP THEM LOCATE AND MOVE INTO PERMANENT HOUSING. A CASE MANAGER IMMEDIATELY BEGINS WORKING WITH PARTICIPANTS TO PROVIDE SUPPORTIVE SERVICES TO INCREASE SELF-SUFFICIENCY. A COMPREHENSIVE SERVICE CENTER, WITH COMMUNITY PARTNERS LOCATED ON-SITE, STAFF FOCUSES ON INCREASING THE STABILITY OF EACH MEMBER OF THE FAMILY AND ENSURING THAT PHYSICAL AND BEHAVIORAL NEEDS ARE MET. ADULTS HAVE ACCESS TO EMPLOYMENT SERVICES, JOB TRAINING, LINKAGES TO CONTINUING EDUCATION, FINANCIAL LITERACY WORKSHOPS, TREATMENT FOR SUBSTANCE USE DISORDERS, LIFE SKILLS TRAININGS, AND MORE. CHILDREN HAVE MULTIPLE OPPORTUNITIES FOR HEALTHY EDUCATIONAL, SOCIAL, PHYSICAL AND MENTAL HEALTH DEVELOPMENT THROUGH VARIOUS WORKSHOPS, TUTORING AND HOMEWORK HELP GROUPS, FIELD TRIPS, AND MORE.

Program 3
Expenses: $1,427,919 Revenue: $835,840

GLENOAKS GARDENS - A 60-UNIT RESIDENTIAL APARTMENT COMPLEX IN SUN VALLEY, CALIFORNIA PROVIDES PERMANENT SUPPORTIVE HOUSING FOR HOMELESS ADULTS WITH MENTAL DISABILITIES AND QUALIFYING LOW INCOME...

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GLENOAKS GARDENS - A 60-UNIT RESIDENTIAL APARTMENT COMPLEX IN SUN VALLEY, CALIFORNIA PROVIDES PERMANENT SUPPORTIVE HOUSING FOR HOMELESS ADULTS WITH MENTAL DISABILITIES AND QUALIFYING LOW INCOME INDIVIDUALS. COMMENCED OPERATIONS IN DECEMBER 2011.

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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 $74,661,891
Program Service Revenue $8,437,369
Investment Income $881,841
Other Revenue $-12,458,301
TOTAL REVENUE $71,522,800

Expense Breakdown

Grants Paid $0
Salaries & Benefits $39,604,271
Fundraising Expenses $3,326,074
Program Expenses $67,616,253
Other Expenses $51,175,239
TOTAL EXPENSES $90,779,510

Year-over-Year Comparison

2023 2022 Change
Revenue $71,522,800 $108,467,691 -0.3%
Expenses $90,779,510 $83,478,142 +0.1%
Net Income $-19,256,710 $24,989,549 -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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Governance

Voting Members
26
Independent Members
23
Employees
690
Volunteers
998

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
6
$790,567
Total Directors
24
$329,417
Key Employees
8
$1,444,699
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
IMA NSIEN DIRECTOR 0.50
Director
$0 $0 $0
BRIE DORFMAN DIRECTOR 0.50
Director
$0 $0 $0
ROSS E WINN ESQ DIRECTOR 0.50
Director
$0 $0 $0
GILLIAN WRIGHT DIRECTOR 0.50
Director
$0 $0 $0
STEVE M BROWN DIRECTOR 0.50
Director
$0 $0 $0
ZEEDA DANIELE DIRECTOR 0.50
Director
$0 $0 $0
BLAIR RICH DIRECTOR 0.50
Director
$0 $0 $0
JILL KOENIG DIRECTOR 0.50
Director
$0 $0 $0
MICHELLE MISSAGHIEH DIRECTOR 0.50
Director
$0 $0 $0
DEBORAH KAZENELSON DEANE DIRECTOR 0.50
Director
$0 $0 $0
JACOB LIPA DIRECTOR 0.50
Director
$0 $0 $0
KAREN BRODKIN DIRECTOR 0.50
Director
$0 $0 $0
FRANCES BERMAN DIRECTOR 0.50
Director
$0 $0 $0
BRIAN SOLOWAY DIRECTOR 0.50
Director
$0 $0 $0
MICHAEL ZIERING DIRECTOR 0.50
Director
$0 $0 $0
JONATHAN RUIZ DIRECTOR 0.50
Director
$0 $0 $0
MICHELE BRESLAUER DIRECTOR 0.50
Director
$0 $0 $0
GARY MEISEL DIRECTOR 0.50
Director
$0 $0 $0
GARRETT GIN DIRECTOR 0.50
Director
$0 $0 $0
WAYNE BRANDER DIRECTOR 0.50
Director
$0 $0 $0
DEBBIE BURKART VICE CHAIR 0.50
Officer Director
$0 $0 $0
GREG SHERKIN CHAIR 0.50
Officer Director
$0 $0 $0
DANIEL HOWARD TREASURER & SECRETARY 0.50
Officer Director
$0 $0 $0
STEPHANIE KLASKY-GAMER PRES & CEO 40.00
Officer Director
$329,417 $0 $329,417
CARL GAYDEN CFO 40.00
Officer
$230,858 $0 $230,858
TOI CHISOM CHIEF ADMIN OFFICER 40.00
Officer
$230,292 $0 $230,292
ELDA MENDEZ VP RE DEVELOP 40.00
Key Emp
$208,934 $0 $208,934
KIMBERLY ROBERTS DEPUTY CHIEF, PROGRAMS 40.00
Key Emp
$212,977 $0 $212,977
JOHN K HORN VICE PRESIDENT, HR 40.00
Key Emp
$139,652 $0 $139,652
KELSEY MADIGAN DIR INTERIM HOUSING 40.00
Key Emp
$150,424 $0 $150,424
ELISA NETHERCOTT GENERAL COUNSEL 40.00
Key Emp
$214,334 $0 $214,334
DANNY FAJARDO CHIEF DEVELOPMENT OFFICER 40.00
Key Emp
$204,454 $0 $204,454
MARTHA MACIAS DIR OF STRATEGIC INITIATIVES 40.00
Key Emp
$161,696 $0 $161,696
GUSTAVO ALMAROSA AST VP REAL ESTATE DEVELOPMENT 40.00
Key Emp
$152,228 $0 $152,228
HILLARY MANDEL DEPUTY CHIEF HOUSING PROGRAMS OFFICER 40.00
Highest
$136,920 $0 $136,920
TIMIKA HITE SR DIR INFORMATION TECH 40.00
Highest
$144,630 $0 $144,630
KERESTIAN ESTEDABADI DIR OF ADMINISTRATION 40.00
Highest
$143,595 $0 $143,595
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 $71,522,800 $90,779,510 $164,667,290 $-19,256,710
2023 $70,709,435 $89,966,145 $164,667,290 $-19,256,710
2022 $106,519,501 $83,478,142 $180,345,032 $23,041,359
2022 $108,467,691 $83,478,142 $182,293,222 $24,989,549
2022 $106,519,501 $83,478,142 $180,345,032 $23,041,359
2021 $79,035,920 $69,952,919 $161,041,001 $9,083,001
2020 $60,907,306 $59,617,591 $143,409,813 $1,289,715
2019 $48,035,788 $49,956,328 $81,761,502 $-1,920,540
2018 $48,610,243 $39,734,564 $80,270,149 $8,875,679
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