2024-07-01T14:36:42-05:00 2023-12-31 411680240 SDK CPA 100 WASHINGTON AVE S STE 1600 MINNEAPOLIS MN 55401 990 2023-01-01 411873314 HOUSINGLINK HOUS 6125222500 1400 VAN BUREN ST NE 215 MINNEAPOLIS MN 55413 SUE SPEAKMAN-GOMEZ PRESIDENT 6125222500 2024-05-30 1 SUE SPEAKMAN-GOMEZ 999009999 0 WENDY HARDEN CPA P00956490 6123325500 2024-05-30 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z SUE SPEAKMAN-GOMEZ 1400 VAN BUREN ST NE 215 MPLS MN 55413 961169 0 X WWW.HOUSINGLINK.ORG X 1997 MN PROVIDING AFFORDABLE RENTAL HOUSING INFORMATION FOR LOW-TO-MODERATE INCOME RENTERS. 14 14 0 16 4338 0 733538 867988 152398 92403 794 728 32 50 886762 961169 0 0 0 0 0 0 0 0 50536 1253708 1333760 1253708 1333760 -366946 -372591 1130229 718268 149508 101651 980721 616617 X CONNECTING PEOPLE TO AFFORDABLE RENTAL HOMES, INCREASING CHOICE AND ACCESS FOR ALL. 0 0 935514 28563 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. IN ADDITION TO PROVIDING EASY ACCESS TO AFFORDABLE HOUSING WAITING LISTS AND VACANCIES, HOUSINGLINK IS AN ESTEEMED DATA PROVIDER TO A LARGE GROUP OF STAKEHOLDERS THROUGHOUT MINNESOTA. CENTRALIZED, EASY ACCESS TO INFORMATION ABOUT THE SUPPLY AND LOCATION OF AFFORDABLE HOUSING INFORMATION IS VITAL TO ENSURE THAT COMMUNITY DECISIONS ARE WELL-INFORMED, AND THAT LOW-INCOME HOUSEHOLDS ARE EMPOWERED TO OBTAIN HOUSING IN THEIR LOCATIONS OF CHOICE. CONTINUED ON SCHEDULE O. HOUSINGLINK (WWW.HOUSINGLINK.ORG) CONNECTS RENTERS TO THE RELEVANT, VITAL INFORMATION THEY NEED TO FIND THE APPROPRIATE AFFORDABLE HOME FOR THEIR HOUSEHOLD AND STREAMLINES THE PROCESS FOR ADVERTISING UNITS TO RENTERS. SPECIFICALLY, OUR HOUSING SEARCH TOOL IS ONLINE AND ALLOWS USERS TO FIND AFFORDABLE VACANCIES AND WAITING LISTS. OVER 1.5 MILLION SEARCHES FOR AFFORDABLE HOUSING WERE PERFORMED USING OUR WEBSITE DURING 2023. TYPICALLY, RENTERS ARE ABLE TO LOCATE THE INFORMATION THEY NEED IN LESS THAN FIVE MINUTES.THE FOLLOWING HOUSINGLINK ACTIVITY OCCURRED IN 2023: * 1,534,808 SEARCHES FOR AFFORDABLE HOUSING * 25,537 AFFORDABLE VACANCIES & WAITING LIST OPENINGS LISTED * 2,661,449 PAGE VIEWS OF HOUSING RESOURCES * 35,183 VISITS FOR SUBSIDIZED HOUSING INFORMATION * 88,083 VIEWS OF HOUSING AUTHORITY WAITING LIST STATUS * 83% OF LISTINGS THAT WOULD CONSIDER A SECTION 8 VOUCHER IN 2023 * 18,000+ VISITS FOR FAIR HOUSING INFORMATION * 23,527,121 NOTIFICATIONS OF HOUSING OPENINGS SENT THROUGH 2023HOUSINGLINK PROVIDES INFORMATION ON THE SUPPLY AND LOCATION OF PUBLICLY FUNDED AFFORDABLE HOUSING THROUGH REPORTS AND A PUBLICLY AVAILABLE ONLINE DATABASE CALLED STREAMS. STREAMS (WWW.HOUSINGLINK.ORG/STREAMS) INCLUDES PROPERTIES AND AFFORDABLE UNITS WITH PUBLIC FINANCING. STREAMS IS USED BY RESEARCHERS AND COMMUNITY PLANNERS AND POLICYMAKERS INVOLVED IN PROJECT PLANNING. OUR DATA AND RESEARCH CAPACITY LED US TO PRODUCE THE HOUSING MEASURES REPORT FOR THE MCKNIGHT FOUNDATION. STREAMS DATA IS UPDATED ANNUALLY TO REFLECT THE MOST CURRENT INFORMATION. WE PUBLISH TWIN CITIES RENTAL REVENUE, A SUBSCRIBER-BASED QUARTERLY REPORT THAT COMPARES MARKET RATE SHADOW (RENTAL HOUSES, DUPLEXES, CONDOS, AND TOWNHOMES) AND APARTMENT MARKET RENTS FOR THE SEVEN COUNTY METRO AREA. THIS REPORT IS URNING INTO A SUCCESSFUL EARNED INCOME VENTURE FOR HOUSINGLINK. WE AVERAGE 30 SUBSCRIBERS ANNUALLY; MAINLY RECURRING SUBSCRIPTIONS WHICH HELP SUPPORT OUR GENERAL OPERATIONS. HOUSINGLINK ALSO PUBLISHES A RENTAL HOUSING BRIEF FOR THE CITIES OF MINNEAPOLIS AND SAINT PAUL WHICH TRACKS KEY METRICS ON AFFORDABLE RENTAL HOUSING IN THE COMMUNITY TO INFORM POLICYMAKING. HOUSINGLINK'S STRATEGIC PLAN INCLUDES THE FOLLOWING STRATEGIC PRIORITIES FOR 2022-2026. * PURPOSEFULLY ARTICULATE THE VALUE AND BENEFIT OF HOUSINGLINK. * USING NEW AND EXISTING TECHNOLOGY SOLUTIONS, CONTINUE EXPANDING AFFORDABLE RENTAL HOUSING OPTIONS. * MAKE HOUSINGLINK DATA AND RESEARCH MORE ACCESSIBLE TO IMPROVE COMMUNITY KNOWLEDGE ABOUT RENTAL HOUSING. * DEEPEN CONNECTIONS TO AND DEVELOP RESOURCES FOR DIY PROPERTY OWNERS. * CONTINUE STRATEGIC EXPANSION. * BUILD INTENTIONAL CONNECTIONS AND DEEPEN WORK IN GREATER MINNESOTA. 164683 59552 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). AS OF THE CLOSE OF THE ZERO BALANCE PROJECT ON MARCH 11, 2022, $29,674,914 IN RENTAL ASSISTANCE HAD BEEN PROVIDED TO 4,084 HOUSEHOLDS, FOR AN AVERAGE OF $7,266 PER HOUSEHOLD COVERING AN AVERAGE OF 7.2 MONTHS OF RENT.CONTINUED ON SCHEDULE O.THE BEYOND BACKGROUNDS PROGRAM HELPS RENTERS WITH BARRIERS (CRIMINAL CONVICTION, EVICTION, BAD CREDIT) BY PAIRING THE RENTER WITH A LANDLORD RISK MITIGATION FUND TO HELP THEM GET INTO A RENTAL HOME. THERE HAVE BEEN 538 RENTERS HOUSED, WITH 16 RISK FUND CLAIMS PAID TO LANDLORDS SINCE THE PROGRAM BEGAN IN NOVEMBER 2017. 1100197 1 1 0 0 0 0 0 0 0 0 1 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 4 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MN X X SUE SPEAKMAN-GOMEZ 6125222500 1400 VAN BUREN ST NE STE 215 MINNEAPOLIS MN 55413 WES JOHNSON TREASURER 1.00 X X 0 0 0 DORINE ONYANCHA VICE CHAIR 1.00 X X 0 0 0 ELLEN SAHLI SECRETARY 1.00 X X 0 0 0 KATIE TOPINKA CHAIR 1.00 X X 0 0 0 DAVE BAKER BOARD MEMBER 1.00 X 0 0 0 RICO MORALES BOARD MEMBER 1.00 X 0 0 0 JAIME WILKINS BOARD MEMBER 1.00 X 0 0 0 TODD EATMON BOARD MEMBER 1.00 X 0 0 0 TERRI SMITH BOARD MEMBER 1.00 X 0 0 0 LIBBY STARLING BOARD MEMBER 1.00 X 0 0 0 LAURA JELINEK BOARD MEMBER 1.00 X 0 0 0 SUMMER JEFFERSON BOARD MEMBER 1.00 X 0 0 0 DOUG STRANDNESS BOARD MEMBER 1.00 X 0 0 0 TYLER KEYES BOARD MEMBER 1.00 X 0 0 0 SUSAN SPEAKMAN-GOMEZ PRESIDENT 40.00 X 120084 0 28995 JOSHUA DYE MANAGER 40.00 X 109176 0 14761 229260 0 43756 2 0 0 0 0 377000 490988 867988 TWIN CITIES RENTAL REV 900099 83257 83257 HOUSING AND HUMAN SERV 518210 9146 4808 4338 92403 728 728 MISCELLANEOUS INCOME 900099 50 50 50 961169 88115 4338 728 X 24818 20847 3379 592 1133707 933474 158139 42094 3328 1799 1529 42262 35442 3312 3508 19090 17080 939 1071 26657 21781 4180 696 1967 1871 96 4716 1121 2644 951 40599 40599 4265 3271 899 95 EDUCATION AND TRAINING 18858 13159 5699 MISCELLANEOUS 8426 5740 2686 DUES AND SUBSCRIPTIONS 5067 4013 1054 1333760 1100197 183027 50536 420444 73925 125000 115000 17398 28201 10415 7387 49438 49438 0 0 487184 446585 69788 47170 1130229 718268 145170 98485 4338 3166 149508 101651 X 787721 415586 193000 201031 980721 616617 1130229 718268 -372591 8487 0 X X 0 1 X 1 0 X 947199 2187898 1533021 733538 867988 6269644 947199 2187898 1533021 733538 867988 6269644 497386 5772258 1637 2157 1621 794 728 6937 6276581 731941 0.91970 0.90410 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 49438 49438 0 0 RIGHT-OF-USE ASSET 47170 47170 X 995059 33890 33890 961169 0 961169 1367650 33890 33890 1333760 0 1333760 PART X, LINE 2: THE ORGANIZATION IS ORGANIZED AS A MINNESOTA NONPROFIT CORPORATION AND HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICES (IRS) AS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3), QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER 170(B)(1)(A)(VI), AND HAS BEEN DETERMINED NOT TO BE A PRIVATE FOUNDATION UNDER SECTIONS 509(A)(1). THE ORGANIZATION IS ANNUALLY REQUIRED TO FILE A RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) WITH THE IRS. IN ADDITION, THE ORGANIZATION IS SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO ITS EXEMPT PURPOSE. THE ORGANIZATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AFFECTING ITS ANNUAL FILING REQUIREMENTS, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE ORGANIZATION WOULD RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS AND LIABILITIES IN INCOME TAX EXPENSE IF SUCH INTERST AND PENALTIES ARE INCURRED. X X 0 0 0 0 0 0 0 0 0 PART I, LINE 3 HOUSINGLINK HAS A CLIENT SERVICE AGREEMENT WITH INSPERITY PEO SERVICES, LP AN UNRELATED ORGANIZATION. AS A RESULT, INSPERITY IS THE EMPLOYER FOR THE PURPOSE OF PAYING WAGES. INSPERITY ALSO REMITS ALL TAXES AND FILES ALL RETURNS UNDER THEIR NAME AND EIN 76-0689539. INSPERITY IS A PEO (PROFESSIONAL EMPLOYER ORGANIZATION). SCHEDULE J, PART II, COLUMN B(III) INSPERITY SERVICES PEO PROVIDED COMPENSATION TO THE FOLLOWING INDIVIDUALS FOR SERVICES PROVIDED TO HOUSINGLINK: SUE SPEAKMAN-GOMEZ, PRESIDENT W-2 WAGES: $120,084 NONTAXABALE BENEFITS: $28,995 JOSHUA DYE, MANAGER W-2 WAGES: $109,176 NONTAXABLE BENEFITS: $14,761 FORM 990, PART VI, SECTION A, LINE 1A THERE IS AN EXECUTIVE COMMITTEE WHICH HAS AND MAY EXERCISE THE POWERS OF THE BOARD OF DIRECTORS IN THE INTERIM BETWEEN BOARD MEETINGS, EXCEPT THAT THE BOARD SHALL NOT DELEGAGE TO THE EXECUTIVE COMMITTEE THE POWER TO APPROVE OR AMEND THE ANNUAL BUDGET, OR TO ADOPT OR AMEND THE ARTICLES OF INCORPORATION OR BYLAWS OF THE CORPORATION. THE EXECUTIVE COMMITTEE SHALL SUBMIT TO THE BOARD OF DIRECTORS REPORTS OF ACTION TAKEN BETWEEN BOARD MEETINGS. THE EXECUTIVE COMMITTEE SHALL CONSIST OF THE DULY ELECTED OFFICER OF THE CORPORATION. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S PRESIDENT SENDS A DRAFT OF THE FORM 990 TO THE BOARD. THE BOARD REVIEWS THE RETURN AND UPON APPROVAL THE FORM 990 IS FILED. FORM 990, PART VI, SECTION B, LINE 12C EACH NEW OFFICER, DIRECTOR, OR KEY EMPLOYEE SHALL BE REQUIRED TO REVIEW A COPY OF THE CONFLICT OF INTEREST POLICY AND TO ACKNOWLEDGE IN WRITING THAT HE OR SHE HAS DONE SO. EACH PERSON SHAL BI-ANNUALLY COMPLETE A DISCLOSURE FORM IDENTIFYING ANY RELATIONSHIPS, POSITIONS, OR CIRCUMSTANCES IN WHICH THE PERSON IS INVOLVED THAT HE OR SHE BELIEVES COULD CONTRIBUTE TO A CONFLICT OF INTEREST ARISING. PRIOR TO BOARD OR COMMITTEE ACTION ON A CONTRACT OR TRANSACTION INVOLVING A CONFLICT OF INTEREST, AN OFFICER, DIRECTOR, OR KEY EMPLOYEE HAVING A CONFLICT AND WHO IS IN ATTENDANCE AT THE MEETING SHALL DISCLOSE ALL FACTS AND MATERIAL TO THE CONFLICT. SUCH DIRECTORS SHALL BE REFLECTED IN THE MINUTES OF THE MEETING. AN OFFICER, DIRECTOR OR KEY EMPLOYEE WHO HAS A CONFLICT SHALL BE EXCLUDED FROM VOTING ON THE MATTER AT ALL TIMES, AND SHALL BE EXCLUDED FROM DISCUSSION OF THE MATTER IF NECESSARY. FORM 990, PART VI, SECTION B, LINE 15A HOUSINGLINK USES THE MINNESOTA COUNCIL OF NONPROFITS ANNUAL MINNESOTA NONPROFIT SALARY AND BENEFITS SURVEY TO APPROPRIATELY DETERMINE COMPENSATION. EACH REVIEW CYCLE, CHANGES IN COMPENSATION ARE DISCUSSED BY THE EXECUTIVE COMPENSATION COMMITTEE AND THEN APPROVED BY THE BOARD OF DIRECTORS. THE SALARY IS REVIEWED ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 214,813. MANAGEMENT AND GENERAL EXPENSES 29,665. FUNDRAISING EXPENSES 19,018. TOTAL EXPENSES 263,496. INSPERITY SERVICES: PROGRAM SERVICE EXPENSES 718,661. MANAGEMENT AND GENERAL EXPENSES 128,474. FUNDRAISING EXPENSES 23,076. TOTAL EXPENSES 870,211. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT OR SELECTION PROCESSES DURING THE TAX YEAR.