Greensboro Housing Coalition Inc
Nonprofit profile at a glance
- EIN
- 561727193
- IRS 990 coverage
- 2014–2024
- Forms available
- Form 990 2024
- Location
- Greensboro, NC, USA
- Phone
- 3365007049
- Rating
- 72
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $593,423
- Expenses
- $591,257
- Assets
- $283,530
- Liabilities
- $202,999
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
14 people listed
Executive titles in this filing
- HUGH HOLSTON (CHIEF EXECUTIVE OFFICER)
Highest reported compensation
- HUGH HOLSTON (CHIEF EXECUTIVE OFFICER): $73,542 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Greensboro housing coalition is the advocate for fair, safe, and affordable housing. We help homeowners keep their homes by preventing foreclosure and promoting home maintenance. We help tenants resolve problems with their landlords to prevent eviction and to get repairs so that their homes do not make them sick. We help people experiencing homelessness move into apartments or houses that they can afford for the present and future. We help resolve complex community problems.
What it reported doing in 2024
Community engagement: this program provides community outreach and advocacy to address systemic issues that impact our neighborhoods and make attaining and retaining a home more challenging. The program assists communitities in responding to mass displacement and housing emergencies. The program develops workshops designed to highlight relevant housing topics through an advocacy/speaker series. Through events, workshops, and a wealth of resources, the program creates spaces where community members can better understand housing issues and discover tools to take action. Whether it's learning about tenant rights, developing financial sckills, or connectin with local housing progrms, this intitiative aim to provide practical solutions that make a real difference.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 47
- Transparency & Controls: 92
- Accountability: 100
- Sustainability: 28
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 48.7%; rating input score 49
- Program expense ratio: 48.7%; rating input score 49
- Fundraising efficiency: $8.15 raised per $1 spent on fundraising; rating input score 31; 31st percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 8 of 8 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 0.4%; rating input score 37; 37th percentile among comparable filings
- Total-asset coverage ratio: 0.48; rating input score 22; 22nd percentile among comparable filings
- Liabilities to assets ratio: 0.72; rating input score 10; 10th percentile among comparable filings
- Officer compensation ratio: 12.4%; rating input score 29; 29th percentile among comparable filings
Growth
- Program expense growth: 6.8% per year; rating input score 100; 51st percentile among comparable filings
- Revenue growth: 6.9% per year; rating input score 100; 54th percentile among comparable filings
- Asset growth: -2.9% per year; rating input score 0; 10th percentile among comparable filings
Details
- Where the money goes: 48.7% of revenue deployed · 48.7% of spending went to programs
- Governance: 11 of 11 board members independent · 8 of 8 filing controls reported
- Programs: 4 filed program accomplishments · $288K in reported program spending
- Leadership: top reported pay $74K · 14 people listed
- Consistency: 29 of 29 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Filing history: 11 filing years from 2014 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Mission deployment rate scored 49/100.
- Moderate — Financial Efficiency: Program expense ratio scored 49/100.
- Moderate — Financial Efficiency: Fundraising efficiency scored 31/100.
- Moderate — Sustainability: Operating margin scored 37/100.
- High — Sustainability: Total-asset coverage ratio scored 22/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 10/100.
- High — Sustainability: Officer compensation ratio scored 29/100.