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Community Development : Housing and Neighborhood Development

Family Housing Fund

Building and preserving affordable housing and improving access to opportunity through stable housing in the Twin Cities

four stars

91.19

Suite 1825 801 Nicollet Mall
Minneapolis, MN 55402
tel: (612) 375-9644   Web Site
EIN: 41-1380923

Board Leadership
Jim Roth
Chair

CEO
Ellen Sahli
President

 
 
  Score
(out of 100)
Rating
Overall Score & Rating 91.19 four stars
  Financial 90.46 four stars
  Accountability & Transparency 92.00 four stars
This rating was published 12/01/2017 and includes data from FY2016, the most recent 990 received at that time.

The Family Housing Fund's (FHFund) vision to ensure all families will have a house they can afford and a home from which they can prosper and contribute to the community is grounded in its long history. The FHFund was created in 1980 through the foresight and financial support of The McKnight Foundation and the Cities of Minneapolis and St. Paul. In 1997, responding to the need for affordable housing in suburban communities, the FHFund formally expanded its mission to serve the entire seven-county Twin Cities metropolitan area. As a housing intermediary, the FHFund's mission is to help the affordable housing network meet the needs of families in complex and changing conditions.

The Family Housing Fund's (FHFund) vision to ensure all families will have a house they can afford and a home from which they can prosper and contribute to the community is grounded in its long history. The FHFund was created in 1980 through the foresight and financial support of The McKnight Foundation and the Cities of Minneapolis and St. Paul. In 1997, responding to the need for affordable housing in suburban communities, the FHFund formally expanded its mission to serve the entire seven-county Twin Cities metropolitan area. As a housing intermediary, the FHFund's mission is to help the affordable housing network meet the needs of families in complex and changing conditions.

Financial

four stars

90.46

Accountability & Transparency

four stars

92.00

This rating was published 12/01/2017 and includes data from FY2016, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
86.5%
  Administrative Expenses 12.2%
  Fundraising Expenses 1.1%
  Fundraising Efficiency < $0.01
  Working Capital Ratio (years) 5.08
  Program Expenses Growth 2.0%
  Liabilities to Assets 38.1%
All data for Financial Performance Metrics calculations was provided by Family Housing Fund on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Family Housing Fund on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Family Housing Fund (MN) 91.19 four stars
HomeAid Orange County (CA) 87.55 three stars
HomeAid America (CA) 96.69 four stars
CATCH Neighborhood Housing (NH) 85.65 three stars
Building Goodness Foundation (VA) 89.91 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $5,408,847
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $0
Total Contributions $5,408,847
   Program Service Revenue $1,283,719
Total Primary Revenue $6,692,566
   Other Revenue $21,890
TOTAL REVENUE $6,714,456
   
EXPENSES  
   Program Expenses $7,785,235
   Administrative Expenses $898,532
   Fundraising Expenses $64,681
TOTAL FUNCTIONAL EXPENSES $8,748,448
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-2,033,992
   
Net Assets $34,929,896

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Homeownership $5,578,166 71.7%
Rental $1,115,755 14.3%
Supportive Housing $447,160 5.7%
Public Education $644,154 8.3%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2016-12 12/01/2017 91.19 four stars
2015-12 11/01/2016 89.50 three stars
2014-12 06/01/2016 87.97 three stars
 
CN 2.0
2014-12 12/01/2015 90.15 four stars
2013-12 05/01/2015 89.87 three stars
2012-12 12/20/2013 90.41 four stars
2011-12 02/01/2013 90.91 four stars
2010-12 04/01/2012 91.55 four stars
2009-12 09/20/2011 88.68 three stars
 
CN 1.0
2009-12 02/01/2011 85.33 three stars
2008-12 03/01/2010 89.29 three stars
2007-12 03/01/2009 89.25 three stars
2006-12 11/01/2007 85.26 three stars
2005-12 10/01/2006 89.05 three stars
2004-12 10/01/2005 80.20 three stars
2003-12 11/01/2004 87.05 three stars
2002-12 10/01/2003 94.27 four stars
2001-12 02/05/2003 99.43 four stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 41-1380923
Name in IRS Master File FAMILY HOUSING FUND
NTEE Code L20
NTEE Classification Housing Development, Construction, Management
NTEE Type Housing, Shelter
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (380) Low-income housing
(381) Low and moderate income housing
(399) Other housing activities
Foundation Status Organizations operated solely for the benefit of and in conjunction with organizations described in 10 through 16 above.  509(a)(3)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date October, 1980
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • December, 2016
  • December, 2015
  • December, 2014
  • December, 2013
  • December, 2012

The data displayed in this profile is provided by the IRS for free in the form of Publication 78 and the Business Master File (BMF).

Compensation % of Expenses Paid to Title
$195,227 2.23% Ellen K. Sahli President

Highly Rated

Charity Name & State Overall Score Overall Rating
Family Housing Fund (MN) 91.19 four stars
CommonBond Communities (MN) 96.46 four stars
Home Repair Services (MI) 87.81 three stars
CHN Housing Partners (OH) 85.01 three stars
Housing and Community Development Network of New Jersey (NJ) 87.90 three stars

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This charity has an official representative registered with Charity Navigator.

Charity Contact Info

Family Housing Fund
Suite 1825
801 Nicollet Mall
Minneapolis, MN 55402
tel: (612) 375-9644
fax: (612) 375-9648
EIN: 41-1380923

Visit Web Site

Board Leadership

Jim Roth
Chair

CEO

Ellen Sahli
President

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