Supportive Housing Providers Association Inc

Nonprofit profile at a glance

EIN
364148832
IRS 990 coverage
2013–2024
Forms available
Form 990 2024
Location
Springfield, IL, USA
Phone
2173212476
Rating
88
Verdict
STRONG
Rating confidence
Moderate
Sector
Housing, Shelter N.E.C.

Official website

Reported finances

Revenue
$2,551,343
Expenses
$2,602,751
Assets
$336,062
Liabilities
$210,241

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

Leadership & pay

16 people listed

Executive titles in this filing

  • LORE BAKER (PRESIDENT)
  • JOHNNA LOWE (VICE PRESIDENT)
  • EILEEN MCNAMEE (EXECUTIVE DIRECTOR)
  • DAVID ESPOSITO (EXECUTIVE DIRECTOR)

Highest reported compensation

  • DAVID ESPOSITO (EXECUTIVE DIRECTOR): $58,083 total reported compensation
  • EILEEN MCNAMEE (EXECUTIVE DIRECTOR): $10,853 total reported compensation

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

Overview

Mission

To strengthen the supportive housing sector so that people have access to affordable housing and can survive and thrive in their community with services individually tailored to their needs.

What it reported doing in 2024

The supportive housing providers association (shpa) provides service and programming in two areas:(1)training and technical assistance: under a contract with the Illinois department of human services, shpa provides training and technical assistance to providers of supportive housing for individuals experiencing homelessness for accurate delivery, recording and reporting of services provided. (2) resident supportive services and education(3) advocacy and administration: with the financial support of the shpa association membership, shpa provided advocacy for continuing and additional funding from state government for supportive housing services. Shpa also provides member services to 90+ member providers and affiliates.

Operating model

Revenue model
Grant-funded. 89% 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.

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: 85
  • Transparency & Controls: 92
  • Accountability: 100
  • Sustainability: 24
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 95.7%; rating input score 96
  • Program expense ratio: 93.8%; rating input score 94
  • Fundraising efficiency: Limited

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: -2%; rating input score 27; 27th percentile among comparable filings
  • Total-asset coverage ratio: 0.13; rating input score 4; 4th percentile among comparable filings
  • Liabilities to assets ratio: 0.63; rating input score 16; 16th percentile among comparable filings
  • Officer compensation ratio: 2.6%; rating input score 71; 71st percentile among comparable filings

Growth

  • Program expense growth: 23.7% per year; rating input score 100; 88th percentile among comparable filings
  • Revenue growth: 21.9% per year; rating input score 100; 90th percentile among comparable filings
  • Asset growth: 10.2% per year; rating input score 100; 59th percentile among comparable filings

Details

  • Where the money goes: 95.7% of revenue deployed · 93.8% of spending went to programs
  • Governance: 14 of 14 board members independent · 8 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $2.4M in reported program spending
  • Leadership: top reported pay $58K · 16 people listed
  • Consistency: 23 of 23 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 11 filing years from 2013 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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 27/100.
  • High — Sustainability: Total-asset coverage ratio scored 4/100.
  • High — Sustainability: Liabilities to assets ratio scored 16/100.