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Transitional Housing Corporation

Housing Up

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 521675958 ✦ Washington, DC ✦ Designated as a 501(c)(3)

Overview

What is Transitional Housing Corporation?

Transitional Housing Corporation, operating as Housing Up, is a nonprofit organization based in Washington, D.C. Their primary mission is to foster thriving communities by developing affordable housing and offering comprehensive support services to homeless and low-income families. Housing Up provides various housing programs, including Resident Services, Permanent Supportive Housing (PSH), and transitional housing through the HUD Continuum of Care Program. Their programs aim to increase the independence, stability, and health of households, with heads of households paying 30% of their income towards rent while the remaining amount is subsidized. In 2022, Housing Up served a total of 897 households through these programs. The organization's reach extends to offering wraparound supportive services to families exiting chronic homelessness, as well as rapid re-housing options. With a workforce of 115 employees, Housing Up is dedicated to empowering individuals to transform their lives by providing them with safe and affordable housing opportunities.


Official website here: www.housingup.org

Is Transitional Housing Corporation legitimate?

Transitional Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Transitional Housing Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $599,760
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,867,621

For more financial information, click here


Official website here: www.housingup.org

What is the mission statement of Transitional Housing Corporation?

Transitional Housing Corporation's mission is geared towards building thriving communities by developing affordable housing and offering comprehensive support services to homeless and low-income families. They believe that providing safe and affordable housing, coupled with genuine opportunities, empowers individuals to transform their lives. The organization's resident services program aims to enhance the independence, stability, and health of affordable housing residents, serving around 150 households annually. Housing Up also operates a Permanent Supportive Housing program, offering affordable housing with appropriate supportive services to families exiting chronic homelessness. In 2022, Housing Up served a total of 897 households through various programs like resident services, permanent supportive housing, transitional housing, and rapid re-housing.


Official website here: www.housingup.org

Who is the CEO of Transitional Housing Corporation?

Philip Hecht is the Chair of Transitional Housing Corporation. The CEO's salary of Transitional Housing Corporation is $210,933 and their total compensation is $224,499.


Official website here: www.housingup.org

What is the revenue of Transitional Housing Corporation?

Transitional Housing Corporation's revenue in 2022 was $11,681,180.


Official website here: www.housingup.org

Who are the executives of Transitional Housing Corporation and what are their salaries?

The average compensation at Transitional Housing Corporation during 2022 was $47,542. There are 115 employees and 76 volunteers at Transitional Housing Corporation.

Here are 16 key members and their salaries (Transitional Housing Corporation's CEO's salary is $210,933 and their total compensation is $224,499):

    Philip Hecht (President And Ceo)
  • Compensation: $210,933
  • Related: $0
  • Other: $13,566

    • Haribo Kamara-Taylor (Chief Operating Officer)
  • Compensation: $185,740
  • Related: $0
  • Other: $10,027

    • Luis Vasquez (Vp Of Programs)
  • Compensation: $164,596
  • Related: $0
  • Other: $14,898

    • Christina Peay (Vp Of Philanthropy)
  • Compensation: $145,549
  • Related: $0
  • Other: $8,016

    • Corey Mendez (Deputy Chief Operating Officer)
  • Compensation: $133,219
  • Related: $0
  • Other: $15,042

    • Phyllis Jordan (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paula Singleton (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Wayne Tyler (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Earle O'Donnell (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joe Howell (Chair Emeritus) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Annika Brink (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • W Kimball Griffith (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Matt Jacobs (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William Ferrell (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Iyon Johnson (Board Member Until 9/22) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Candace Webb (Board Member Until 4/22) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.housingup.org

    Where can I find the form 990 for Transitional Housing Corporation?

    The Transitional Housing Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.housingup.org

    Learn more at the official website: www.housingup.org

    Mission Statement of Transitional Housing Corporation

    Transitional Housing Corporation, abbreviated as THC, is committed to building thriving communities in Washington, D.C., by developing affordable housing and offering comprehensive support services to homeless and low-income families. Their mission is deeply rooted in the belief that providing safe, affordable housing and genuine opportunities empowers individuals to transform their lives.

    THC's approach extends beyond just providing housing. Their Resident Services program aims to enhance the independence, stability, and health of affordable housing residents. Approximately 150 households benefit from this program year-round, ensuring they have the necessary support to maintain their housing and improve their overall well-being. Furthermore, THC operates a Permanent Supportive Housing (PSH) program, which provides affordable housing along with appropriate wraparound supportive services to families transitioning out of chronic homelessness.

    Heads of households contribute 30% of their total household income towards monthly rent, with the remaining rental amount subsidized through various sources, including the District of Columbia Housing Authority, DC Department of Human Services, and the HUD Continuum of Care Program. Additionally, THC provides housing and supportive services through the HUD Continuum of Care Program for families exiting homelessness, offering both permanent supportive housing and rapid re-housing solutions.

    In 2022, THC served a total of 897 households through its various programs, including resident services, permanent supportive housing, transitional housing, and rapid re-housing, demonstrating their commitment to addressing homelessness and supporting low-income families in Washington, D.C.

    Impact

    This information is meant to be a general summary of Transitional Housing Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Transitional Housing Corporation, operating under the name Housing Up, has a significant impact on the community in Washington, DC. Through their provision of transitional and supportive housing services to homeless and low-income families, they have been instrumental in enhancing the lives of those in need.

    Housing Up's resident services program plays a crucial role in increasing the independence, stability, and health of affordable housing residents. With a focus on improving the well-being of its beneficiaries, this program has positively influenced the lives of 150 households annually. Additionally, their Permanent Supportive Housing (PSH) program offers affordable housing paired with necessary supportive services to families transitioning from chronic homelessness. By ensuring that head of households pay a manageable portion of their income towards rent, Housing Up facilitates stability and security for these families.

    In 2022 alone, Housing Up served a total of 897 households through various programs, including resident services, permanent supportive housing, transitional housing, and rapid re-housing. By addressing the critical need for housing and support services, Housing Up is actively building thriving communities and empowering individuals to transform their lives in Washington, DC.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $45,952
  • Program Service Revenue: $671,739
  • Gross Receipts: $12,421,644

    • Assets and Liabilities:
  • Total Assets: $10,571,831
  • Total Liabilities: $3,444,690
  • Net Assets: $7,127,141
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    RENTAL INCOME

    Revenue

    $491,022

    MANAGEMENT SERVICE FEES

    Revenue

    $126,792

    RESIDENT SERVICE FEES

    Revenue

    $51,371

    LAUNDRY INCOME

    Revenue

    $2,554

    Organization Details

    Founding Year

    1990

    Principal Officer

    Philip Hecht

    Main Address

    1322 MAIN DRIVE NW, WASHINGTON, DC, 20012

    NTEE Category

    Code: L20Z - Housing

    If you are a representative of Transitional Housing Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.