Metropolitan Denver Homeless Initiative Inc
Nonprofit profile at a glance
- EIN
- 841359401
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Denver, CO, USA
- Phone
- 2068169452
- Rating
- 86
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Housing Support
Reported finances
- Revenue
- $3,847,186
- Expenses
- $4,319,444
- Assets
- $1,259,968
- Liabilities
- $213,837
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
14 people listed
Executive titles in this filing
- BRENDAN CLARK (PRESIDENT)
Highest reported compensation
- JASON JOHNSON (EXECUTIVE DI): $157,990 total reported compensation
- JULIE WINKOWSKI (DIRECTOR OF): $118,478 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Mission: leading and advancing collaboration to end homelessness in our region. Vision: dedicated to everyone in the metro region having a safe, stable place to call home. Values: committed to core values that bring people home: - inclusive. Honoring the dignity of people with personal experiences of homelessness as partners in identifying solutions to homelessness. - collaborative. Harnessing the power of collaboration to achieve systemic solutions to homelessness. - innovative. Fostering flexible and creative responses to the complexity of homelessness. - informed. Using data to address inequity, guide decision making, allocate resources, and improve accountability. - bold. Providing courageous leadership that honors our commitment to end homelessness.
What it reported doing in 2024
Mdhi is the metro denver continuum of care (coc), which is a regional system that coordinates services and housing for people experiencing homelessness. This work includes street outreach, emergency shelter, transitional housing, rapid rehousing, prevention and diversion and permanent supportive housing. Mdhi works closely with each county in our continuum (adams, arapahoe, boulder, broomfield, denver, douglas, and jefferson), building a homeless crisis response system aimed at getting people stably housed as quickly as possible. That's the core of what we believe - housing is the solution to homelessness. Mdhi leads the process for the annual hud coc nofa application. Each year mdhi convenes a series of meetings for stakeholders to identify local service gaps and funding priorities. Identified priorities are used to develop a comprehensive application to the u.s. Department of housing and urban development (hud). Sinces its inception, mdhi has brought in over 100 million in grants for the denver metropolitan area. Mdhi coordinates the efforts and coverage across our 7-county region, with coordinators from each area and additional supports from service agencies, to conduct the annual national point in time (pit) survey. The point in time count is a snapshot of metro denver on a single night that helps communities understand trends and respond to the needs of people experiencing literal homelessness. While helping to determine the scope of homelessness, the pit raises public awareness, promotes collaboration across seven counties, and reminds the community that everyone counts during the count night, trained volunteers and staff interview individuals, youth and families experiencing homelessness using a standardized survey form. Community, faith-based, and government organizations use the information collected from the point-in-time study to form policies, apply for services and programs funding, and tell the story of those experiencing both sheltered and unsheltered homelessness in our community. A total of 10,774 persons were identified as homeless in the 2025 pit count for metro denver.
Operating model
- Revenue model
- Grant-funded. 80% 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: 97
- Transparency & Controls: 74
- Accountability: 95
- Sustainability: 19
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 93%; rating input score 93
- Fundraising efficiency: $438.76 raised per $1 spent on fundraising; rating input score 95; 95th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Missing
- 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: 7 of 8 controls in place; rating input score 88
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -12.3%; rating input score 11; 11th percentile among comparable filings
- Total-asset coverage ratio: 0.29; rating input score 9; 9th percentile among comparable filings
- Liabilities to assets ratio: 0.17; rating input score 48; 48th percentile among comparable filings
- Officer compensation ratio: 6.4%; rating input score 45; 45th percentile among comparable filings
Growth
- Program expense growth: 19.7% per year; rating input score 100; 85th percentile among comparable filings
- Revenue growth: 20.8% per year; rating input score 100; 89th percentile among comparable filings
- Asset growth: 18.3% per year; rating input score 100; 81st percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 93% of spending went to programs
- Governance: 12 of 12 board members independent · 7 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $4M in reported program spending
- Leadership: top reported pay $158K · 14 people listed · 2 of 6 pay-setting controls reported
- Consistency: 28 of 28 current checks pass
- Schedules: 5 filed schedules · includes major donors and executive pay
- Filing history: 12 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- 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.
- High — Sustainability: Operating margin scored 11/100.
- High — Sustainability: Total-asset coverage ratio scored 9/100.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- Moderate — Sustainability: Officer compensation ratio scored 45/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 48/100.