Develop beneficial relationships between property community partners tenants to benefit those experiencing a housing crisis

501(c)(3) charity; gifts are tax-deductible.
31¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2024 · 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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 2
filings with a surplus
Average surplus $355K a year · 25% of revenue · last 2 filings
Looks good: a surplus in 2 of the last 2 filings.
Pt I · Ln 19 · 2 filings
Spent on programs
31%
of spending
Concern: 31% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
8 mo
of spending, in cash
Looks good: 8.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
5
named funders · $1.7M
Looks good: 5 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$158K
18% of total assets
Looks good: liabilities are 18% of assets; 50% or less.
Pt X · Ln 26
Independent board members
6
of 6 voting members
Looks good: 6 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.8M
+75% vs prior year
Spent
$1.3M
To programs
31%
Net assets
$739K
By yearFY2023–FY2024
Revenue
$1.8M
FY2024▲ +75%
Tap a bar for its year
Revenue by fiscal year
FY2023$1.0M
FY2024$1.8M
Expenses
$1.3M
FY2024▲ +71%
Tap a bar for its year
Expenses by fiscal year
FY2023$774K
FY2024$1.3M
Net assets
$739K
FY2024▲ +166%
Tap a bar for its year
Net assets by fiscal year
FY2023$277K
FY2024$739K

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

990 PDF Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Apr 2023.

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

Where the money goes

31 cents of each dollar spent went to programs.

Program services 31% · $415K Management & general 69% · $911K

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

7 people listed on the 990.

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Member at Large
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Member at Large
$0Pt VII · Sec A
Member at Large
$0Pt VII · Sec A
See Metro Revamp Collective executive salaries →

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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

Builds strong communities by connecting tenants and property partners to help those facing housing crises.

Questions for Metro Revamp Collective

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Provided by the organization

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3 programs · $415K · in their own filed words · FY2024
01

Metro Housing Collective engaged 839 households across all services. Since inception (April 2021), MHC has recruited and maintained 195 Property Partners - 33 enrolled in 2024 - a 20.37% increase due to recruiting efforts.

$316Kprogram expense
02

Training & Lived Experience

The Training Team engaged 648 partnering agency staff in community trainings & held 105 Listening Sessions. Housing Problem Solved - 318 Trained to Date Hope Science - 95 Trained Front-Line Learning Circles - 235 Registrations The Lived Experience team assisted with data analysis for Listening Sessions.

$100Kprogram expense
03

Housing Stability Case Management The Housing Stability team has engages and served 129 households. 52 are currently enrolled in services and 77 have exited the program. 38.36% of households have increased or sustained their income.

$88program expense

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 · FY2024
Threshold CocFY2024$796K
New Venture FundFY2024$172K
Total grants receivedfrom 5 funders$1.7M
See all 5 funders →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$1.8M
Ln 12
Gifts and grantsLn 1h$1.8M
Investment incomeLn 3$4K
Money outPt IX
$1.3M
Ln 25
Programscol B$415K
Managementcol C$911K
Owns and owesPt X
$739K
net assets · Ln 32
Cash and savingsLn 1–2$890K
Total assetsLn 16$897K
LiabilitiesLn 26$158K
PeoplePt VI, VII
7
listed · VII A
PaidVII A0
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.8M
Investment incomeLn 3$4K
Total revenueLn 12$1.8M
Assets in detailPt X, end of year
CashLn 1$890K
Cash and savings togetherLn 1–2$890K
Other assetsLn 15$7K
Total assetsLn 16$897K
LiabilitiesLn 26$158K
Net assetsLn 32$739K
OperationsPt I, VI
EmployeesI 53
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 FY24End FY24
Cash and savingsLn 1–2$430K$890K
Total assetsLn 16$435K$897K
LiabilitiesLn 26$158K$158K
Net assetsLn 32$277K$739K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$87K$87K
Other salaries and wagesLn 7$527K$127K$400K
Pension plan contributionsLn 8$22K$22K
Other employee benefitsLn 9$103K$103K
Payroll taxesLn 10$47K$47K
Legal feesLn 11b$185$185
Accounting feesLn 11c$16K$9K$7K
Other fees for servicesLn 11g$172K$108K$63K
Advertising and promotionLn 12$8K$4K$4K
Office expensesLn 13$81K$32K$48K
OccupancyLn 16$48K$48K
TravelLn 17$13K$3K$10K
InterestLn 20$2$2
InsuranceLn 23$9K$9K
Other expenses (24a–d)Ln 24$137K$102K$35K
All other expensesLn 24e$57K$30K$27K
Total functional expensesLn 25$1.3M$415K$911K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $1.8M$1.3M$461K$739K 990 PDF
FY2023 $1.0M$774K$249K$277K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $1,787,955 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,023,006$1,784,391
I-9 Program service revenue$0
I-10 Investment income$3,564
I-11 Other revenue$0
I-12 Total revenuePrior year $1,023,006$1,787,955
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $107,165$785,498
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $666,661$541,019
I-18 Total expensesPrior year $773,826$1,326,517
I-19 Revenue less expensesPrior year $249,180$461,438
Part VI · Governance 6 of 6 board members independent, no flags
VI-1a Voting members of the governing body6
VI-1b Independent voting members6
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,787,955 across 5 lines filed
VIII-1f All other contributions, gifts and grants$1,784,391
VIII-1h Total contributions, gifts and grants$1,784,391
VIII-3 Investment incomeRelated to mission $3,564$3,564
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $3,564 · Unrelated business $0 · Excluded from tax $0$1,787,955
Part IX · Statement of functional expenses $1,326,517 across 16 lines filed
IX-5 Pay of current officers, directors and key staffManagement $87,004$87,004
IX-7 Other salaries and wagesPrograms $126,563 · Management $400,221$526,784
IX-8 Pension plan contributionsManagement $22,309$22,309
IX-9 Other employee benefitsManagement $102,643$102,643
IX-10 Payroll taxesManagement $46,758$46,758
IX-11b Legal feesManagement $185$185
IX-11c Accounting feesPrograms $8,580 · Management $7,420$16,000
IX-11g Other fees for servicesPrograms $108,338 · Management $63,436$171,774
IX-12 Advertising and promotionPrograms $3,928 · Management $4,301$8,229
IX-13 Office expensesPrograms $32,455 · Management $48,266$80,721
IX-16 OccupancyManagement $48,000$48,000
IX-17 TravelPrograms $3,391 · Management $10,097$13,488
IX-20 InterestManagement $2$2
IX-23 InsuranceManagement $8,804$8,804
IX-24 Other expenses (24a–d)Programs $102,294 · Management $34,861$137,155
IX-24e All other expensesPrograms $29,739 · Management $26,922$56,661
IX-25 Total functional expensesPrograms $415,288 · Management $911,229 · Fundraising $0$1,326,517
Part X · Balance sheet $897,097 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $429,727$889,774
X-15 Other assetsStart of year $5,710$7,323
X-16 Total assetsStart of year $435,437$897,097
X-17 Accounts payable and accrued expensesStart of year $8,084$8,306
X-19 Deferred revenueStart of year $150,000$150,000
X-26 Total liabilitiesStart of year $158,084$158,306
X-27 Net assets without donor restrictionsStart of year $277,353$738,791
X-32 Total net assets or fund balancesStart of year $277,353$738,791
X-33 Total liabilities and net assetsStart of year $435,437$897,097
Part XI · Reconciliation of net assets $738,791 net assets at year end
XI-1 Total revenue$1,787,955
XI-2 Total expenses$1,326,517
XI-3 Revenue less expenses$461,438
XI-4 Net assets at start of year$277,353
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$738,791

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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