EIN 95-4205316

Skid Row Housing Trust

IRS 501(c) type
501(c)(3)
Num. employees
146
Year formed
1989
Most recent tax filings
2022-12-01
Description
The Skid Row Housing Trust provides permanent supportive housing so that people who have experienced homelessness, prolonged extreme poverty, poor health, disabilities, mental illness and/or addiction can lead safe, stable lives in wellness.
Total revenues
$17,493,125
2022
Total expenses
$25,688,424
2022
Total assets
$204,213,739
2022
Num. employees
146
2022

Program areas at Skid Row Housing Trust

SKID ROW HOUSING TRUST ENGAGES IN THE DEVELOPMENT, MANAGEMENT, SUPPORT, ADMINISTRATION, AND RENTAL ACTIVITIES THAT ARE DIRECTLY RELATED TO THE PROVISION OF LOW INCOME HOUSING TO INDIVIDUALs with special needs.
The Trust, through its wholly owned subsidiary, Restorative Neighborhood Resources, LLC (RNR), acquires, manages and resolves distressed residential mortgage loans and owned real estate in the service of ensuring housing retention and housing opportunities across diverse communities in the nation.In recent years, sellers of distressed mortgage assets, including HUD, Fannie Mae, and Freddie Mac have designated portfolios for sale specifically to qualified, Non-Profit, 501c3 organizations. Through, RNR, and the establishment of Special Purpose Joint Ventures with capital Investors and specialty service provider relationships, the Trust will proactively pursue these opportunities with focused outcome goals:1. Provide workout solutions with Borrowers aimed at home retention or transition to affordable rental housing,2. Enable affordable purchase opportunities of vacant properties directly to newhomeowners,3. Promote homeownership as a vehicle for financial stability and wealth building, including the ability to identify new homeowners that can initiate generational wealth for their families and their futures,4. Increase the likelihood that Individuals, Families and Communities have a stronger connection and ability to prosper.

Who funds Skid Row Housing Trust

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Cedars SinaiGeneral Support$200,000
United Way of Greater Los AngelesHousing$85,000
California Community FoundationHousing$43,724
...and 5 more grants received

Personnel at Skid Row Housing Trust

NameTitleCompensation
Joanne CorderoInterim Chief Executive Officer$206,221
Lisa RaagasPresident and Chief Executive Officer$116,675
Mike AlvidrezChief Executive Officer
Antonio D le MonsPresident and Chief Operating Officer$46,464
Nadezhda N LitovskayaChief Financial Officer / Vice President Asset Manage$198,542
...and 29 more key personnel

Financials for Skid Row Housing Trust

RevenuesFYE 12/2022
Total grants, contributions, etc.$7,852,847
Program services$9,704,642
Investment income and dividends$1,405
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$-65,769
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$17,493,125

Form 990s for Skid Row Housing Trust

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990View PDF
2021-122022-11-14990View PDF
2020-122021-11-12990View PDF
2019-122021-04-02990View PDF
2018-122020-01-31990View PDF
...and 9 more Form 990s
Data update history
January 22, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 22, 2024
Updated personnel
Identified 3 new personnel
January 7, 2024
Updated personnel
Identified 3 new personnel
November 26, 2023
Received grants
Identified 6 new grant, including a grant for $200,000 from Cedars Sinai
July 13, 2023
Used new vendors
Identified 2 new vendors, including , and
Nonprofit Types
Housing and shelter organizationsHeadquarter / parent organizationsCharities
Issues
Human servicesHousingHomelessness
Characteristics
Provides grantsLobbyingFundraising eventsReceives government fundingCommunity engagement / volunteeringGala fundraisersTax deductible donations
General information
Address
1317 E Seventh St
Los Angeles, CA 90021
Metro area
Los Angeles-Long Beach-Anaheim, CA
Website URL
skidrow.org/ 
Phone
(213) 683-0522
Facebook page
SkidRowHousingTrust 
Twitter profile
@skidroworg 
IRS details
EIN
95-4205316
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1989
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
L21: Public Housing Facilities
NAICS code, primary
62422: Community Housing Services
Parent/child status
Central organization
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