Public Benefit : Community and Housing Development

Family Housing Fund

Producing and preserving affordable housing in the Twin Cities

Rating

Overall Rating    
      (59.25)
Organizational Efficiency      
Program Expenses 92.5%    
Administrative Expenses 6.3%    
Fundraising Expenses 1.1%    
Fundraising Efficiency $0.00    
Efficiency Rating    
      (39.25)
Organizational Capacity      
Primary Revenue Growth 106.1%    
Program Expenses Growth -1.2%    
Working Capital Ratio (years) 1.85    
Capacity Rating    
      (20.00)

Income Statement     (FYE 12/2007)

Revenue  
Primary Revenue $18,818,134
Other Revenue $649,009
Total Revenue $19,467,143
   
Expenses  
Program Expenses $10,264,924
Administrative Expenses $702,200
Fundraising Expenses $128,690
Total Functional Expenses $11,095,814
   
Payments to Affiliates $0
Excess (or Deficit) for the year $8,371,329
   
Net Assets $43,209,405

Charts

Expenses Breakdown

Expenses Legend

Revenue/Expenses Trend

Revenue-Expense Legend

Contact Information

Family Housing Fund
Midwest Plaza West, Suite 1650
801 Nicollet Mall
Minneapolis, MN 55402
tel: (612) 375-9644
fax: (612) 375-9648
EIN: 41-1380923

Contact Email
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Leadership      (FYE 12/2007)

Name Title Compensation % of Expenses
Thomas P. Fulton President (The person identified as holding the highest position of management, and therefore who would normally be responsible for carrying out the mission of the charity and leading the organization on a day-to-day basis.) $160,100 1.44%

Donor Privacy Policy

YES, this charity has a written donor privacy policy.

Mission

The Family Housing Fund (the Fund) was created in 1980 by the cities of Minneapolis and Saint Paul and The McKnight Foundation to provide private financial support for affordable rental housing and homeownership opportunities for families in the two cities. Since that time, the Fund has gradually expanded its work to address the community's continually changing and growing housing needs. The Family Housing Fund divides its work into four main program areas: Home Ownership, Rental Housing, Supportive Housing, and Research and Public Education. Since 1980, Family Housing Fund's investments of $125 million have helped finance 26,400 units of affordable housing and leveraged $1.8 billion for affordable housing.

Charities Performing Similar Types of Work

Charity Name Overall Score Overall Rating
Family Housing Fund - MN 59.25
Warren Village - CO 60.95
Good Works - PA 55.71
HomeAid - CA 62.66
Corporation for Supportive Housing - NY 65.66
Compare These Charities (Highly Rated)
Charity Name Overall Score Overall Rating
Family Housing Fund - MN 59.25
Homeward Bound, Phoenix - AZ 63.11
Rebuilding Together - DC 68.84
Cleveland Housing Network - OH 64.56
Appalachia Service Project - TN 56.65
Corporation for Supportive Housing - NY 65.66
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