Homeward Bound of Marin: Comprehensive Company Profile

Background

Mission and Vision

Founded in 1974, Homeward Bound of Marin is dedicated to ending homelessness in Marin County, California, through comprehensive services encompassing shelter, housing, job training, and support. The organization's mission is to "open doors to safety, dignity, hope, and independence," with a vision that "everybody needs a place to call home."

Primary Focus and Industry Significance

As the primary provider of shelter and supportive housing in Marin County, Homeward Bound serves approximately 1,000 individuals annually through 18 interrelated programs. These services range from emergency shelters to permanent supportive housing, addressing the needs of families, single adults, veterans, and individuals facing mental health challenges. The organization's holistic approach not only provides immediate relief but also equips individuals with the tools necessary for long-term stability, thereby playing a pivotal role in the community's efforts to combat homelessness.

Key Strategic Focus

Core Objectives and Specializations

Homeward Bound's strategic focus centers on delivering a continuum of care that includes:

Emergency Shelter: Providing immediate, safe accommodations for those in crisis.

Supportive Housing: Offering long-term housing solutions with integrated support services.

Job Training: Equipping individuals with vocational skills to achieve economic independence.

Social Enterprises: Operating businesses like Wagster Treats and The Key Room to provide employment opportunities and generate revenue to support programs.

Key Technologies and Target Markets

The organization leverages its social enterprises to create employment pathways for its clients. By focusing on sectors such as culinary arts and event management, Homeward Bound addresses the employment needs of individuals transitioning out of homelessness, targeting markets that value social impact and community engagement.

Financials and Funding

Funding History and Utilization

Homeward Bound's financial health is bolstered by a combination of contributions, program services, and grants. In the fiscal year ending June 2023, the organization reported:

Revenue: $22.6 million

Expenses: $15.3 million

Net Assets: $44.8 million

Notably, in 2017, Homeward Bound received a $30,000 grant from the Federal Home Loan Bank of San Francisco's AHEAD program, facilitated by the Bank of Marin. This grant supported the expansion of the Wagster Treats social enterprise, enhancing job training opportunities for program graduates.

Pipeline Development

Key Programs and Milestones

Homeward Bound has achieved significant milestones in expanding its housing and support services:

Puett Place (2024): Opened 24 units of supportive housing for military veterans, aiming to end veteran homelessness in Marin County.

Sweeney Place (2024): Launched 26 apartments for individuals and families transitioning out of homelessness, contributing to the organization's goal of creating 50 new homes in its 50th anniversary year.

Fresh Starts Culinary Academy Expansion (2023): Secured a $750,000 state grant to enhance culinary training and support services, increasing capacity and partnerships for the program.

Technological Platform and Innovation

Proprietary Technologies and Methodologies

While Homeward Bound does not focus on technological innovation in the traditional sense, it employs innovative social enterprise models to support its mission:

Wagster Treats: A line of all-natural dog treats produced by graduates of the Fresh Starts Culinary Academy, providing hands-on work experience and generating revenue for the organization.

The Key Room: An event venue that offers employment opportunities for program participants and serves as a training ground for culinary students.

Leadership Team

Executive Profiles

Paul Fordham: Co-Chief Executive Officer

Paul has been instrumental in expanding Homeward Bound's programs and partnerships, focusing on strategic growth and community engagement.

Mary Kay Sweeney: Co-Chief Executive Officer

Mary Kay has led the organization through significant developments, including the expansion of housing programs and social enterprises.

Carrie Sager: Chief Operating Officer

Carrie oversees the daily operations of the organization, ensuring the effective delivery of services across all programs.

Anna Hurtado: Chief Program Officer

Anna leads the development and implementation of programmatic strategies, focusing on enhancing service delivery and client outcomes.

Board of Directors