Housing Link FY2023 filing

Tax-deductible

Saint Paul, MN501(c)(3)Since 1997HousingEIN 41-1873314

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Connecting people to affordable rental homes, increasing choice and access for all.

501(c)(3) charity; gifts are tax-deductible.
82¢ of each $1 spent went to programs.
$229K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 6
filings with a surplus
Average deficit $86K a year · 7% of revenue · last 6 filings
Concern: a surplus in 2 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
82%
of spending
Looks good: 82% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$229K
to officers and key staff · 17% of spending
Fine: pay to officers and key staff is 17% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Worth a look: 0.7 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $148K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$102K
14% of total assets
Looks good: liabilities are 14% of assets; 50% or less.
Pt X · Ln 26
Independent board members
14
of 14 voting members
Looks good: 14 of 14 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$961K
+8% vs prior year
Spent
$1.3M
To programs
82%
Net assets
$617K
By yearFY2020–FY2025
Revenue
$961K
FY2023▲ +8%
Revenue by fiscal year
FY2020$2.4M
FY2021$1.7M
FY2022$887K
FY2023$961K
FY2024$866K
FY2025$960K
Expenses
$1.3M
FY2023▲ +6%
Expenses by fiscal year
FY2020$2.0M
FY2021$1.7M
FY2022$1.3M
FY2023$1.3M
FY2024$1.0M
FY2025$988K
Net assets
$617K
FY2023▼ -37%
Net assets by fiscal year
FY2020$1.3M
FY2021$1.3M
FY2022$981K
FY2023$617K
FY2024$461K
FY2025$433K

From the FY2023 Form 990 · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 1998.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

82 cents of each dollar spent went to programs.

Program services 82% · $1.1M Management & general 14% · $183K Fundraising 4% · $51K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

16 people listed on the 990; $229K paid to officers and key staff.

Part VII, Section A · reportable compensation
$120,084Pt VII · Sec A
Manager
$109,176Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Susan Speakman-Gomez’s $140K as President is at the 94th percentile of top reported officer pay among 851 $100K–1M housing nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Susan Speakman-Gomez$139,831$134,453$120,084$122,230$114,234$108,794
Joshua Dye$115,763$110,250$109,176———
Richard Galster———$110,498$107,275$105,172

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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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Offers affordable rental housing information for low-to-moderate income renters.

Provided by the organization

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2 program services account for $1.1M of program spending, described in the organization's own filed words · FY2023.
01

Housinglink has been providing affordable rental housing information in the twin cities for twenty years and is recognized as the primary place to access housing options for low-to-moderate income renters.

$936Kprogram expense
02

Housinglink was part of the zero balance project, a program designed to distribute federal emergency rental assistance (era) established in 2021 with pooled funding provided by the counties of dakota, hennepin, and ramsey and the cities of minneapolis and saint paul (jurisdictions).

$165Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$148K

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$961K
Ln 12
Gifts and grantsLn 1h$868K
Fees for servicesLn 2g$92K
Investment incomeLn 3$728
Money outPt IX
$1.3M
Ln 25
Programscol B$1.1M
Managementcol C$183K
Fundraisingcol D$51K
Owns and owesPt X
$617K
net assets · Ln 32
Cash and savingsLn 1–2$74K
Total assetsLn 16$718K
LiabilitiesLn 26$102K
PeoplePt VI, VII
16
listed · VII A
PaidVII A2
Voting boardVI 1a14
IndependentVI 1b14
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$868K
Government grantsLn 1e$377K
Fees for servicesLn 2g$92K
Investment incomeLn 3$728
Other incomeLn 4–11$50
Total revenueLn 12$961K
Assets in detailPt X, end of year
CashLn 1$74K
Cash and savings togetherLn 1–2$74K
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$47K
Total assetsLn 16$718K
LiabilitiesLn 26$102K
Net assetsLn 32$617K
OperationsPt I, VI
EmployeesI 50
VolunteersI 617
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$420K$74K
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$1.1M$718K
LiabilitiesLn 26$150K$102K
Net assetsLn 32$981K$617K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Accounting feesLn 11c$25K$21K$3K$592
Other fees for servicesLn 11g$1.1M$933K$158K$42K
Advertising and promotionLn 12$3K$2K$2K
Office expensesLn 13$42K$35K$3K$4K
Information technologyLn 14$19K$17K$939$1K
OccupancyLn 16$27K$22K$4K$696
TravelLn 17$2K$2K$96
Conferences, conventions and meetingsLn 19$5K$1K$3K$951
Depreciation, depletion and amortizationLn 22$41K$41K
InsuranceLn 23$4K$3K$899$95
Other expenses (24a–d)Ln 24$32K$23K$9K
Total functional expensesLn 25$1.3M$1.1M$183K$51K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $960K$988K−$28K$433K 990 PDF
FY2024 $866K$1.0M−$155K$461K 990 PDF
FY2023 Viewing $961K$1.3M−$373K$617K 990 PDF
FY2022 $887K$1.3M−$367K$981K 990 PDF
FY2021 $1.7M$1.7M$7K$1.3M 990 PDF
FY2020 $2.4M$2.0M$399K$1.3M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (4 parts)
Part VIII · Statement of revenue $961,169 across 7 lines filed
VIII-1e Government grants$377,000
VIII-1f All other contributions, gifts and grants$490,988
VIII-1h Total contributions, gifts and grants$867,988
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $88,065 · Unrelated business $4,338$92,403
VIII-3 Investment incomeExcluded from tax $728$728
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $50$50
VIII-12 Total revenueRelated to mission $88,115 · Unrelated business $4,338 · Excluded from tax $728$961,169
Part IX · Statement of functional expenses $1,333,760 across 11 lines filed
IX-11c Accounting feesPrograms $20,847 · Management $3,379 · Fundraising $592$24,818
IX-11g Other fees for servicesPrograms $933,474 · Management $158,139 · Fundraising $42,094$1,133,707
IX-12 Advertising and promotionPrograms $1,799 · Fundraising $1,529$3,328
IX-13 Office expensesPrograms $35,442 · Management $3,312 · Fundraising $3,508$42,262
IX-14 Information technologyPrograms $17,080 · Management $939 · Fundraising $1,071$19,090
IX-16 OccupancyPrograms $21,781 · Management $4,180 · Fundraising $696$26,657
IX-17 TravelPrograms $1,871 · Management $96$1,967
IX-19 Conferences, conventions and meetingsPrograms $1,121 · Management $2,644 · Fundraising $951$4,716
IX-22 Depreciation, depletion and amortizationPrograms $40,599$40,599
IX-23 InsurancePrograms $3,271 · Management $899 · Fundraising $95$4,265
IX-24 Other expenses (24a–d)Programs $22,912 · Management $9,439$32,351
IX-25 Total functional expensesPrograms $1,100,197 · Management $183,027 · Fundraising $50,536$1,333,760
Part X · Balance sheet $718,268 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $420,444$73,925
X-3 Pledges and grants receivableStart of year $125,000$115,000
X-4 Accounts receivableStart of year $17,398$28,201
X-9 Prepaid expenses and deferred chargesStart of year $10,415$7,387
X-10c Land, buildings and equipment, netStart of year $0$0
X-14 Intangible assetsStart of year $487,184$446,585
X-15 Other assetsStart of year $69,788$47,170
X-16 Total assetsStart of year $1,130,229$718,268
X-17 Accounts payable and accrued expensesStart of year $145,170$98,485
X-19 Deferred revenueStart of year $4,338$3,166
X-26 Total liabilitiesStart of year $149,508$101,651
X-27 Net assets without donor restrictionsStart of year $787,721$415,586
X-28 Net assets with donor restrictionsStart of year $193,000$201,031
X-32 Total net assets or fund balancesStart of year $980,721$616,617
X-33 Total liabilities and net assetsStart of year $1,130,229$718,268
Part XI · Reconciliation of net assets $616,617 net assets at year end
XI-1 Total revenue$961,169
XI-2 Total expenses$1,333,760
XI-3 Revenue less expenses−$372,591
XI-4 Net assets at start of year$980,721
XI-8 Prior period adjustments$8,487
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$616,617

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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