Housing Connector
Housing Connector reported $11.1 million in revenue and $9.4 million in expenses for calendar year 2024. Of every $100 it spent, $89.17 went to program services, $9.17 to management and general costs and $1.66 to fundraising. Its largest source of revenue was contributions and grants: 99.4% of the total. Government grants made up 76.5%. The highest compensation it reported for one person was $267,716 (EXECUTIVE DIRECTOR). 7 people received more than $100,000 in reportable compensation. Revenue rose 742% between FY2021 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $9.4MFor context, the median across 933 covered housing & shelter charities: $89.27 programs, $10.73 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $11MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 89.2% | 87.5% |
| Management & general Part IX 25(C) ÷ 25(A) | 9.2% | 10.5% |
| Fundraising Part IX 25(D) ÷ 25(A) | 1.7% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.01 | $0.01 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 99.4% | 17.0% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 76.5% | 1.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.0% | 66.2% |
| Highest reported compensation Part VII-A, columns D–F | $267,716 | $300,863 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 2.85% | 1.57% |
| People paid over $100,000 Part VII, line 2 | 7 | 5 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 4.0 | 10.0 |
| Independent voting board members Part VI 1a–1b | 9 of 9 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseHousing Connector is a business to business technology-powered non-profit that believes no unit should sit vacant while there are people in need of a home. Launched in 2019, Housing Connector partners with housing providers to reduce screening criteria related to credit score, criminal history, rental history, and past debt so individuals in need of a home have increased access to housing previously out of reach. In exchange for lowered criteria, housing providers and residents receive support and financial mitigation payments for two years, to reduce risk and ensure households remain stably…
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| EXECUTIVE DIRECTOR Officer, 40.00 hrs/week | $237,077 | $0 | $30,639 | $267,716 |
| VP PEOPLE & MARKET OPERATION Highest compensated employee, 40.00 hrs/week | $149,644 | $0 | $21,518 | $171,162 |
| VP STRATEGY & OPERATION Highest compensated employee, 40.00 hrs/week | $149,644 | $0 | $8,149 | $157,793 |
| DIRECTOR OF PRODUCT & TECHNOLOGY Highest compensated employee, 40.00 hrs/week | $136,624 | $0 | $18,599 | $155,223 |
| DIR. OF INVESTMENTS AND PARTNERSHIP Highest compensated employee, 40.00 hrs/week | $125,810 | $0 | $19,779 | $145,589 |
| DIRECTOR PARTNER SUCCESS Highest compensated employee, 40.00 hrs/week | $117,676 | $0 | $17,571 | $135,247 |
7 people received more than $100,000 in reportable compensation from Housing Connector (Part VII, line 2). Compensation of current officers, directors and key employees totaled $272K (Part IX, line 5).
5 filings since FY2021
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b9 · 9 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 535
- Volunteers Part I, line 69
Private foundation grants it received
1 private foundation reported grants to Housing Connector totaling $25,000 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Housing Connector's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Housing Connector, you can publish a response that is linked from this page.
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Of every $100 Housing Connector spent in 2024, $89.17 went to programs. The full breakdown, from its IRS Form 990:
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- Augusta HomesUpland, CA · revenue $11M · programs 76.3% · 2024
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- St Christopher's InnGarrison, NY · revenue $11M · programs 69.0% · 2024
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- The Housing Partnership FundBoston, MA · revenue $11M · programs 88.3% · 2024
All housing & shelter charities · Largest charities in Washington
Questions people ask
How much of Housing Connector's spending goes to programs?
In calendar year 2024, Housing Connector reported that 89.2% of its $9.4 million in expenses went to program services, 9.2% to management and general and 1.7% to fundraising (Form 990, Part IX).
How much does Housing Connector pay its top executive?
The largest total compensation Housing Connector reported for one person in calendar year 2024 was $267,716, for the role of EXECUTIVE DIRECTOR (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Housing Connector get its money?
Of $11.1 million in revenue in calendar year 2024, 99.4% came from contributions and grants (including 76.5% from government grants) and 0.0% from program service revenue (Form 990, Part VIII).
Is Housing Connector a registered charity?
The IRS lists EIN 84-2100263 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202522949349300147 · read the filing · XML
- FY2023 (4 mo.): Form 990 for the 4-month short period ending December 31, 2023, object 202423209349324252 · read the filing
- FY2023: Form 990 for the fiscal year ending August 31, 2023, object 202411949349300641 · read the filing
- FY2022: Form 990 for the fiscal year ending August 31, 2022, object 202331959349300233 · read the filing
- FY2021: Form 990 for the fiscal year ending August 31, 2021, object 202201949349302200 · read the filing
All filings for EIN 84-2100263: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.