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Alliance Housing Inc.

Alliance Housing Inc.

Minneapolis, MN 55404
Tax ID41-1717910

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About this organization

Revenue

$1,744,781

Expenses

$1,434,588

Website

alliancehousinginc.org

Mission

Alliance’s work makes it possible for individuals and families to create homes for themselves, regardless of income and background by developing and managing housing that is: • inclusive, • affordable, • relational, and • flexible. In addition, Alliance housing challenges the environment that limits our residents’ opportunities.

About

ALLIANCE HOUSING RENTS ROOMS AND APARTMENTS TO SINGLE ADULTS AND FAMILIES IN MINNEAPOLIS. MANY OF THE TENANTS ARE LOW WAGE WORKERS, FORMERLY HOMELESS, AND HAVE BEEN SCREENED OUT BY OTHER OWNERS DUE TO CREDIT, HOUSING, OR CRIMINAL HISTORIES. PROSPECTIVE RESIDENTS MUST BE ABLE TO PAY THEIR RENT AND RESPECT THE PROPERTY AND THEIR NEIGHBORS. SINCE 1996, ALLIANCE HOUSING HAS DEVELOPED LARGER SUPPORTIVE HOUSING PROJECTS IN PARTNERSHIP WITH OTHER ORGANIZATIONS AND ON ITS OWN. SOME OF THIS HOUSING REQUIRES THAT RESIDENTS STAY SOBER. ALLIANCE HOUSING ALSO DEVELOPS WORKFORCE HOUSING FOR LOW WAGE AND ENTRY-LEVEL WORKERS. THIS HOUSING OFFERS RESIDENTS AN AFFORDABLE RENT IN PROPERTY CLOSE TO MAJOR TRANSPORTATION CORRIDORS SO THEY ARE ABLE TO GET TO WORK WITH OR WITHOUT A CAR.2019/2020 ACCOMPLISHMENTS:* PROPERTY MANAGEMENT OPERATIONS ALLOWED 96 HOUSEHOLDS 109 ADULTS AND 72 KIDS - THE OPPORTUNITY TO CREATE HOMES FOR THEMSELVES, REGARDLESS OF HOUSING AND CRIMINAL HISTORY. AVERAGE HOUSING TENURE AMONG TENANTS OF 3.5 YEARS (WITH A RANGE OF 3 MONTHS TO 19+ YEARS). 80+% OF ALLIANCE'S TENANTS WOULD BE REJECTED BY STANDARD RENTAL SCREENING CRITERIA OF OTHER LANDLORDS: FELONY CONVICTION OR EVICTION IN LAST 5 YEARS AND RENT MORE THAN 50% OF THEIR INCOME.* COMPLETED 30 YEAR CAPITAL REPLACEMENT PLAN AND BUDGET FOR SCATTERED SITE PROPERTIES. LAUNCHED EFFORT TO RAISE $1,000,000 OVER NEXT 5 YEARS TO SUPPORT LONG TERM PROPERTY SUSTAINABILITY WORK.* COMPLETED CONSTRUCTION AND LEASE-UP OF MINNEHAHA COMMONS - HOME FOR 44 ELDERLY ADULTS WHO HAVE EXPERIENCED HOMELESSNESS AND OTHER BARRIERS TO HOUSING. * WAS AWARDED $2 MILLION DOLLARS OF CAPITAL FUNDING NEEDED (15%) TO BUILD 3301 NICOLLET PROPOSED HOME FOR 64 HOUSEHOLDS OF LOW WAGE WORKERS, INCLUDING 20 HOUSEHOLDS WITH HISTORY OF CHRONIC HOMELESSNESS.* ACTIVELY PARTICIPATED ALONG WITH SEVERAL TENANTS IN MAKE HOMES HAPPEN MINNEAPOLIS ADVOCACY CAMPAIGN THAT RESULTED IN MAINTAINING $40 MILLION OF RESOURCES BUDGETED FOR AFFORDABLE HOUSING.* EXCEEDED BUDGET GOALS FOR INDIVIDUAL AND CORPORATE DONATIONS AND FOUNDATION GRANTS.* EXCEEDED OPERATING CASH RESERVE GOALS 10 OUT OF 12 MONTHS.

Interesting data from their 2020 990 filing

In the filing, the mission of the non-profit is noted as “Alliance's work makes it possible for individuals and families to create homes for themselves, regardless of income and background by developing and managing housing that is inclusive, affordable, relational, and flexible. in addition, alliance housing challenges the environment that limits our residents' opportunities.”.

When referring to its responsibilities, they were outlined as: “Alliance's work makes it possible for individuals and families to create homes for themselves, regardless of income and background by developing and managing housing that is inclusive, affordable, relational, and flexible.in addition, alliance housing challenges the environment that limits our residents' opportunities.”.

  • The state in which the non-profit is legally registered to operate is MN, as per legal records.
  • The filing documents the non-profit's address in 2020 as 2309 NICOLLET AVENUE, MINNEAPOLIS, MN, 55404.
  • According to the non-profit's form, they have 9 employees on their payroll as of 2020.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $310,193.
  • The organization has 13 independent voting members.
  • The organization was formed in 1991.
  • The organization pays $378,546 in salary, compensation, and benefits to its employees.
  • The organization pays $38,419 in fundraising expenses.

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