Public Charity

HOUSING INITIATIVES INC

HOUSING INITIATIVES INC is a nonprofit organization categorized as Public Charity based in MADISON, WI. Its most recent IRS filing (2024) reports revenue of $2.7M, expenses of $2.6M, total assets of $7.4M. Imperigo tracks 9 reported grant relationships connected to this organization totaling approximately $127K.

EIN: 391781842 MADISON, WI Vocational Counseling NTEE: J21 Latest filing: 2024
Total Revenue$2.7M
Total Expenses$2.6M
Total Assets$7.4M
Grant Records9
Funding Total$127K
Filing Years2020–2024

Mission

HOUSING INITIATIVES PROVIDES HOUSING ASSISTANCE TO HARD-TO-SERVE HOMELESS PERSONS WITH DISABILITIES, MENTAL ILLNESS, AND DRUG AND ALCOHOL PROBLEMS, PRIMARILY IN THE DANE COUNTY, WISCONSIN AREA.

Where $100 goes at Housing Initiatives Inc

How Housing Initiatives Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$86 Programs the work itself
$13 Management running the organization
$1 Fundraising raising the next dollar

Inside the $86 for programs

$86
Housing Initiatives provides permanent supportive housing (psh) to over 200 clients using rental assistance grant funds from the federal government, section 8 vouchers and other sources
All program spending · Reported in the filing: 200 clients; 150 units
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

EXECUTIVE DIRECTOR Bradley Hinkfuss
TREASURER Byron Olson
MEMBER Chris Prestigiacomo
MEMBER Dan Lohr
SECRETARY David Flanagan
MEMBER Dean Krahn

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$121,547 8 grants
Unspecified
$5,920 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $2.7M $2.6M $7.4M
2023 $2.5M $2.6M $7.6M
2022 $2.6M $2.4M $8.0M
2021 $2.2M $2.1M $7.9M
2020 $2.4M $2.1M $8.0M

Between 2020 and 2024, reported annual revenue grew from $2.4M to $2.7M (+13%), with total assets most recently reported at $7.4M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for HOUSING INITIATIVES INC

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