Simpson Housing Services INC
Provides housing, support, and advocacy for those experiencing homelessness. For fiscal year 2025 it reported $23.1M in revenue, $13.6M in expenses, and $21.0M in net assets.Pt I
- Founded
- 1993
- Type
- Public charity (501(c)(3)) · Unclassified
- Location
- Minneapolis, MN
- Website
- www.simpsonhousing.org
- Filings
- 6 on file (2020–2025)
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Summary of the Filing
Where the work happens
Youth and Family Housing
Families who are experiencing homelessness receive intensive case management, support services, and subsidized rental housing. Most of the families we work with have significant barriers to their future housing stability. Emphasis is placed on partnering with families to quickly secure stable housing.
Single Adult Housing
Simpson provides support to single individuals who have experienced homelessness through three housing programs: the women's housing partnership, opportunity housing partnership, and ramsey county single adult programs. Intensive support and case management services are a key component of participant success.
Emergency Shelter
Provides shelter to 64 single individuals, including a bed, three meals, housing and benefit referral services, showers, laundry, a savings program, employment listings, as well as mental and physical healthcare resources. A housing navigator assists with assisting shelter guests to obtain housing.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Steve Horsfield | $161,668 | — | — | — | — | — |
| Stephan Horsfield | — | $155,159 | $133,158 | — | — | — |
| Wendy Wiegmann | $131,595 | $122,016 | $110,712 | — | — | — |
| Stephen Horsfield | — | — | — | $128,058 | $129,788 | $119,446 |
| Elisabeth Loeffler | $122,302 | — | — | — | — | — |
| Elizabeth Loeffler | — | $113,725 | $104,157 | — | — | — |
| David Senior | — | $111,985 | — | — | — | — |
| Christina Giese | $109,491 | $101,839 | — | — | — | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 83% | — | — |
| Overhead ratio | 12% | — | — |
| Fundraising cost ratio | 3% | — | — |
| Revenue growth | 58% | — | — |
| Legal fee ratio | <0.01% | — | — |
| Accounting fee ratio | 1% | — | — |
| Fundraising fee ratio | 0.09% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
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Filings & Schedule Manifest
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Sources
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