Housing Works

Nonprofit profile at a glance

EIN
030522656
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Los Angeles, CA, USA
Phone
3234660042
Rating
87
Verdict
STRONG
Rating confidence
Moderate
Sector
Housing Development, Construction, Management

Official website

Reported finances

Revenue
$8,086,410
Expenses
$7,946,606
Assets
$5,124,930
Liabilities
$601,604

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

16 people listed

Executive titles in this filing

  • LINDA PEACORE (PRESIDENT)
  • ANN-SOPHIE MORRISSETTE (VICE PRESIDENT)
  • CELINA ALVAREZ (EXECUTIVE DIRECTOR)

Highest reported compensation

  • CELINA ALVAREZ (EXECUTIVE DIRECTOR): $141,852 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Our mission is to create housing and service options that model, with respect and dignity, sustainable, environmentally sensitive, affordable communities for people of limited resources.

What it reported doing in 2024

During fiscal years 2025 and 2024, housing works served a total of 1,452 and 1,185 individuals, respectively, with lived experience of chronic homelessness. This included 1,175 and 894 individuals living in scattered-site or project-based housing, as well as 277 and 291 individuals who received outreach and housing navigation services in 2025 and 2024, respectively. The organization also helped 260 and 207 individuals move into permanent housing in 2025 and 2024, respectively. Housing works serves as the on-site services provider for nine affordable housing developments with a total of 1,170 and 548 units of site-based housing in 2025 and 2024, respectively. The organization's housing retention rate was 98.8% in 2025 and 97% in 2024. The food boost program distributed a total of 54,240 and 13,550 food boxes, vegan food bags, and sack lunches in 2025 and 2024, respectively.services were delivered in geographic areas throughout los angeles county, including hollywood, west hollywood, pasadena, downtown, the san fernando valley, the san gabriel valley, east, central and south los angeles.permanent supportive housing - the organization works with both for-profit and nonprofit housing developers and property owners to create permanent supportive housing options in los angeles county for low-income individuals and families. These include securing units in site-based affordable housing developments, as well as scattered site units.home first program - assists people experiencing chronic homelessness who are diagnosed with serious mental illness (or who are multi-diagnosed with mental illness, addiction, HIV and/or other chronic health conditions) to find, secure, and sustain permanent supportive housing. Services are designed to support participants' ability to retain permanent housing and thrive in their community. They are delivered by the organization's mobile integrated services team (mist) and/or via linkages and referrals by the mobile integrated services team to local service providers. These services include case management, 24/7 crisis response, counseling, psychiatric care, medication management, money management (including services as representative payee), health care, substance use disorder treatment and recovery services, benefits advocacy, employment readiness and search assistance, community-building and recreational/social activities.enriched services - program staff assigned to single-site housing developments coordinate a broad range of services to improve the quality of life for individuals and to build community among residents. These services include outreach and engagement of residents in services, scheduling and coordination of on-site events such as health fairs, social activities and workshops, interfacing with the food boost staff for food distribution events and promoting on-site events and activities.empowerment works - assists participants in permanent supportive housing to access paid and volunteer work opportunities, as well as community integration activities such as theatre, sporting events, recreational activities, concerts and celebrations. Food boost nutrition assistance & distribution program - provides weekly supplemental groceries and served meals to housing works' most ill, vulnerable and food-insecure participants and coordinates monthly food distribution events at singlesite settings.

Operating model

Revenue model
Grant-funded. 66% of the money available for current operations came from government grants.
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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 82
  • Transparency & Controls: 92
  • Accountability: 100
  • Sustainability: 41
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 83.9%; rating input score 84
  • Program expense ratio: 84.9%; rating input score 85
  • Fundraising efficiency: $23.22 raised per $1 spent on fundraising; rating input score 63; 63rd 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: 1.7%; rating input score 40; 40th percentile among comparable filings
  • Total-asset coverage ratio: 0.64; rating input score 23; 23rd percentile among comparable filings
  • Liabilities to assets ratio: 0.12; rating input score 55; 55th percentile among comparable filings
  • Officer compensation ratio: 1.8%; rating input score 77; 77th percentile among comparable filings

Growth

  • Program expense growth: 13.1% per year; rating input score 100; 73rd percentile among comparable filings
  • Revenue growth: 14.2% per year; rating input score 100; 80th percentile among comparable filings
  • Asset growth: 18.6% per year; rating input score 100; 82nd percentile among comparable filings

Details

  • Where the money goes: 83.9% of revenue deployed · 84.9% of spending went to programs
  • Governance: 13 of 13 board members independent · 8 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $6.7M in reported program spending
  • Leadership: top reported pay $142K · 16 people listed
  • Consistency: 36 of 36 current checks pass
  • Schedules: 6 filed schedules · includes major donors
  • Filing history: 15 filing years from 2010 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 — Sustainability: Operating margin scored 40/100.
  • High — Sustainability: Total-asset coverage ratio scored 23/100.
  • Review — Sustainability: Liabilities to assets ratio scored 55/100.