FY 2014 ANNUAL REPORT - stambros.org

F Y 2 0 1 4 A N N U A L R E P O R TJULY 1, 2013 - JUNE 30, 2014

2 ST. AMBROSE HOUSING ANNUAL REPORT FY 2014

If we learned anything from the unrest that engulfed Baltimore last May it is this: the need for safe, stable, and strong neighborhoods is more important than ever and will determine the future of our city. At St. Ambrose we know that Baltimore is a fantastic city full of rich history and cultural diversity, but we recognize its challenges, as well. We are committed to addressing these challenges one house, one block, one neighborhood at a time.

We are fortunate to have a team led by Executive Director, Gerard Joab, whose vision for neighborhood partnerships inspires both the staff and the Board of Directors at St. Ambrose. We have expanded on the scope of our programs, including Homesharing and Legal Services, and enlarged our concept of community building to now include commercial revitalization. It is vital that we view our work, not only from the focus on how many we serve, but also to ensure that our total impact on Baltimore is measurable and sustainable.

I continue to be exceptionally impressed by the caring and committed staff, who work tirelessly to make a real difference in the community we all share. I am delighted that our updated physical space is now reflective of our staffs’ professionalism.

As Baltimore’s oldest nonprofit housing provider, we believe we have a special obligation to our citizens to build on the promise that we see possible in our neighborhoods. We are well positioned to accept this responsibility today and tomorrow. At St. Ambrose, we see a future for Baltimore of which we can all be proud.

Sincerely,

David H. Wells, Jr. Chair, Board of Directors

The mission of St. Ambrose

Housing Aid Center is to create

and maintain equal housing opportunities for low- and

moderate-income people, primarily

in Baltimore City, and to encourage

and support strong and diverse

neighborhoods.

Message from the Chairman

ST. AMBROSE HOUSING ANNUAL REPORT FY 2014 3

Thanks to your support for the work of St. Ambrose, hundreds of low-income Baltimore households enjoyed the stability of a safe, well-built, and well-maintained home in 2014. Let me briefly touch on a few highlights:

• We celebrated a significant milestone in June: our 500th rehabilitated home. A select group of officials and community partners were on hand to mark the occasion and receive special thanks and recognition.

• We expanded the scope of our Legal Services. The broadened case acceptance policy allows our attorneys to address issues that prevent residents from obtaining or retaining affordable housing, and in March we opened the St. Ambrose Neighborhood Legal Clinic. Our legal staff served 820 clients for the year.

• We renovated 54 of our rental homes with new HVAC and water heater systems. These energy upgrades help trim the monthly household expenses for our residents!

• We added a new member to the management team: Bill Rubin as Director of Rental Services.

• We refocused the Homesharing Program to serve single parents.

• We have made homebuyer education more accessible by offering more workshops online.

I continue to be heartened by so many people who have expressed their passion and determination to make a difference in Baltimore. Your faith in the city and all its residents is making positive change happen, here and now.

Sincerely,

Gerard Joab Executive Director

Message from the Executive Director

HOME OWNERSHIP

HOMESHARING

RENTAL SERVICES

HOUSING DEVELOPMENT

FORECLOSURE PREVENTION

LEGAL SERVICES

PROGRAMS

All of St. Ambrose’s programs serve the entire Baltimore area


FY 2014: By The Numbers

Facts &Figures 2,092clients served through counseling programs

New Homeowners:

34Monthly Workshops:

438

One-on-One Counseling:

229

HOMEOWNERSHIP FORECLOSURE PREVENTION

575+779Counseling Legal Services

BUSINESS DEVELOPMENT

39

HOMESHARING RENTAL SERVICES

2,721 Total Number of Clients Served

*data sources: 9902, ACA report and NW Rental Survey

590 307 71Individuals

HousedNumber of

HouseholdsNumber of

Seniors

300Intake Interviews

140by Successful Matches

››


Vacant properties purchased, renovated, and resold to homeowners

JULY 2013 - JUNE 2014


Financial Statement

ASSETS & LIABILITIES

AssetsCurrent Assets . . . . . . . . . . . . . . . 3,570,394 Properties Held for Resale . . . . . . . . . 3,035,983 Rental Properties . . . . . . . . . . . . . . 6,694,447 Property & Equipment. . . . . . . . . . . .317,404 Other Assets . . . . . . . . . . . . . . . . 2,831,205 Total Assets $16,449,973 LiabilitiesCurrent Liabilities . . . . . . . . . . . . . 2,798,711 Long Term Liabilities . . . . . . . . . . 10,610,927 Total Liabilities $13,409,638

Net AssetsUnrestricted . . . . . . . . . . . . . . . . (766,080) Permanently Restricted . . . . . . . . . . 3,805,885 Increase in Net Assets . . . . . . . . . . (1,063,623)

STATEMENT OF ACTIVITIES

Income

● Community Dev. Block Grants . . . . . .645,579 ● Contracts & Other Grants . . . . . . . 2,217,965 ● Rental Income. . . . . . . . . . . . . . 1,829,369 ● Sale of Houses. . . . . . . . . . . . . . 4,968,800 ● Contributions . . . . . . . . . . . . . . .108,314 ● Fees for Services . . . . . . . . . . . . . .168,209 ● Other Revenue . . . . . . . . . . . . . .525,092 Total Income $10,431,623

Expenses● Program Services . . . . . . . . . . . . 9,890,362 ● Supporting Services . . . . . . . . . . . 1,914,387 Total Expenses 10,494,949

Fig.2: Expenses

Fig.1: Income

FISCAL YEAR ENDED JUNE 30, 2014


$250,000+City of Baltimore-Office of the Mayor

$100,000+Abell FoundationHousing Partnership NetworkMD DHCDMD Energy AdministrationNational Fair Housing AllianceNeighborWorks America

$50,000+Baltimore Equitable Insurance

Foundation

$25,000+Goldseker FoundationMaryland Legal Services

Corporation

$10,000+Bank of AmericaDavid and Barbara Hirschhorn

FoundationNetwork 2000Ocwen Loan Servicing LLCPNC BankWells Fargo FoundationZanvyl & Isabelle Krieger Fund

Contributors & Donors

$5,000+Mr. and Mrs. Thomas BastaMaryland Bar FoundationRosedale Federal Savings & Loan

AssociationSunTrust FoundationJennifer Williams and

William Jacob

$1,000+Mr. Francis BaconBB&TDr. and Mrs. John BoitnoitBunting Family FoundationMr. and Mrs. Jeffrey FlynnMr. and Mrs. Jerome G. GeraghtyMr. and Mrs. Saul GilsteinMr. and Mrs. Joseph HargadonMr. and Mrs. Reed HutnerChurch of the Immaculate

ConceptionMr. and Mrs. Gerard JoabMr. and Mrs. John LeahyMr. Earl L. LinehanMECU of BaltimoreSanctuary on Church, LLCSt. Joseph ParishMs. Doris SweetMr. and Mrs. David H. Wells, Jr.Ms.Jane A. Wilson

The Susan A and Paul C. Wolman, Jr. Fund

Mr. and Mrs. George Wood

$200+Ms. Pat Bennett-LynchMs. Constance R. CaplanMr. and Mrs. J. Joseph ClarkeJulien Colvin and JoAnn CopesMr. John ConnorMr. and Mrs. Louis G. Connor, Jr.Law Office of Cynthia Hitt Kent, LLCMr. and Mrs. Brian DevlinMr. John C. DevlinMr. and Mrs. Vincent A. DiPaulaMr. and Mrs. Ronald EdwardsMr. and Mrs. Christopher J. FritzMr. and Mrs. .Ann Clary GordanMr. Frank GormanMr. Daniel HallHamilton Federal BankMs. Emma JomlinMr. and Mrs. Michael KeefeMs. Mary Jo KirschmanMr. Mark KlotzbachMs. Mary LeachMr. Dwight Madison, Jr. Mr. and Mrs. Henry McShea, Jr. Mr. George MurnaghanNorthEast Energy ServicesDavid G. Sann and Debbie Straka

“Our focus going forward will be on making and measuring long-term impact.”

- David H. Wells, Jr. Chair, Board of Directors



Contributors & Donors

Ms. Barbara E. SchmittScott Shane and Francine WeeksMr. and Mrs. Theodoros VlahoyiannisMs. Sandra Wilbanks

Up to $199A Better AnswerAdvance Auto PartsAlarm Doctor, Inc. Jesse Alfriend and Heidi MinkenMs. Donna AndrewsMs. Kathleen AppelAppliance Parts CityApplied Coatings Tech, Inc.Mr. Michael BahnerMs. Janet BartholomewMr. Robert S. BeasleyMr. and Mrs. William BellewMr. David C. BischoffMs. Ellen BortzMs. Kaleema BreathettMr. and Mrs. Francis BroccolinoMs. Susan BullockMr. and Mrs. John CampbellCare First Blue Cross Blue ShieldMr. and Mrs. Anthony CareyMs. Terry CattaneoMr. and Mrs. Margaret CentofantiMr. and Mrs. Donald ChristClifton Park Golf CourseMr. Art CohenCohnReznick LLPMr. and Mrs. Donald ColeMs. Mignon ConnersMs. Thea DavisJevne Davis and Peter FrenchMr. John DevineMs. Mary Ann DixonMr. and Mrs. David DurfeeLisa R. Evans and Joann GusdonavicFalkenhan’s HardwareMs. Shelley GorenMs. Joan GrabowskiMs. Karen M. GriffinMs. Joveta GrinnageMr. and Mrs. Adrian HairstonMs. Syeetah Hampton-ElHenry Kay and Elizabeth Harber

Ms. April HarperMs. Robyn HarrisMs. Jane HarrisonMr. and Mrs. George HartigMr. and Mrs. Chris HelmersMr. R. T. HigginsMr. and Mrs. Warren HobbsMr. Eugene HouseMs. Mildred F. HrdinaMr. and Mrs. John JohnstonMr. and Mrs. William KalisMr. and Mrs. Daniel KeefeMs. Deanna KellyRev. and Ms. Sabine and

Sarah LamarLanders ApplianceMr. Robert LangeMr. and Mrs. Vincent J. Leahy, Jr. Mr. Ragan LentzMs. Jean LewisMs. Eileen LewisMs. Renee LiddellMs. Lanny MackallMr. Dwight Madison, Sr. Mr. and Mrs. Louis MaggittiMs. Anne MajerikDr. Medea MarellaMD Dept of Public Safety

and CorrectionsMs. Leah Mason-GrantMs. Judith MayerMr. and Mrs. Brian

McCueMr. and Mrs. Robert

McIntireMr. and Mrs. Francis

MeagherMr. and Mrs. Walker

MygattMr. and Mrs. Theo

NgongangAndrew J. O’Brien and Jane PillodMr. Kevin M. O’ReillyMs. Elizabeth PerlMr. and Mrs. Scott PetersonMs. Susan PlattMs. Cathy PoindexterMr. Robert PringleMr. C. William ReillyReliable Reproduction Supply, Inc.

Rhonda Robinson QuartetMs. Judy RiceMs. Kallie RollenhagenMr. Samuel RosenbergMs. Jennie RothshildMs. Katharine RylaarsdamSafewayScott Fencing RepairMr. Michael SheppardMrs. Mary SommerfeldtMr. Michael SonnenfeldVerna L. Squirrel and

George McKnightMs. Teresina StaskoMr. David StinsonMr. and Mrs. Robert StretchMr. and Mrs. Joseph TetraultMr. Frank UllmannMs. Rhonda Van RoekelMr. Phillip WestryMr. and Mrs. Charles F. ZeilerZeta Phi Beta SororityMr. Keith Zimmerman

$1 7 millionreceived in contributions and donations


Gerard J. Joab, Executive DirectorRon Edwards, ControllerJill Johnston, Director, Human ResourcesKaren Griffin, Director, Resource DevelopmentCara Stretch, Director, Foreclosure CounselingRebecca Sheppard, Director, HomesharingAnthony Parran, Director, Homeownership CounselingDavid Sann, Director, Housing DevelopmentJeanette Cole, Esq., Director, Legal ServicesBill Rubin, Director, Rental Services

Staff

Sierra ArmstrongDenitra BrahamKaleema BreathettSean BrooksKula CarterMary Ann DixonMarian ErvinShalik FultonPhillip GeraldJacqueline GrantAprile GreenJoveta GrinnangeChanel HymanJohn HolbrookRebecca HolbrookCharly JohnsonMimi KellyLinda LoganDwight MadisonAnnette Leahy MaggittiLeah Mason-GrantAntoine NorrisChristina OchoaKevin O’ReillyPamela PettyFaye PierceCathy PoindexterJuliet RiceSam TsembidesChristophe ValcourtPhillip Westry

St. Ambrose is grateful for the talent provided by the following institutions through their internship and summer work programs.

Americorps Vista – Greater HomewoodBaltimore Youth WorksCommunity Corporation

Ignatian Volunteer Corps Lutheran Volunteer Corps University of Baltimore—School of Law University of Maryland, College Park University of Maryland—School of Law University of Maryland—School of Social Work

SUPPORT STAFF

David H. Wells, Jr., ChairTheo Ngongang, Vice-ChairNora C, Vlahoyiannis, TreasurerJesse AlfriendRahn BarnesPatricia BennettPhil Croskey

Board of Directors

J. Joseph ClarkeJerome G. GeraghtySyeetah Hampton-ElMillie HrdinaAndrew J. O’BrienShannon PinderJane A. Wilson

ST. AMBROSE HOUSING AID CENTER321 E. 25th StreetBaltimore, MD 21218Phone: 410-366-8550www.stambros.org

CONTACT US

“We have completed leadership transitions to position us for the next 50 years.”

- David H. Wells, Jr. Chair, Board of Directors

MANAGEMENT

VOLUNTEERS & INTERNS

FY 2014 ANNUAL REPORT - stambros.org

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