SOURCE: InnVision Shelter Network
BURLINGAME, CA and SAN JOSE, CA--(Marketwire - Jul 10, 2012) - As of July 1, 2012 Shelter Network (shelternetwork.org) and InnVision the Way Home (innvision.org) have united to become a single nonprofit dedicated to ending homelessness. The new entity, InnVision Shelter Network (IVSN), is now one of the largest and most effective shelter/housing and supportive service providers in Northern California, supporting over 20,000 homeless men, women, and children annually.
The unified organization represents 64 combined years of serving homeless families and individuals across Silicon Valley and the San Francisco Peninsula. As a newly-combined agency, IVSN works to end homelessness through its "Beyond the Bed" client service model -- a proven methodology that has historically delivered 90% success in returning program graduates to permanent housing and self-sufficiency.
The consolidation of Shelter Network and InnVision yields a robust organization with a $16M annual cash budget that leverages both agencies' best practices, multi-faceted programs, and extensive community partnerships. The new agency is led by Karae Lisle, the CEO of Shelter Network, while the CEO of InnVision, Christine Burroughs, transitions to retirement after 24 years at the helm.
The integration of InnVision and Shelter Network brings significant benefit to the entire community and to homeless clients, including:
- Improved Client Outcomes to successfully and permanently end homelessness for thousands of families and individuals;
- Increased Capacity to serve more clients -- including numerous homeless Veterans and families -- on their path back to self-sufficiency;
- Financial Strength with a broad portfolio of real estate assets and a healthy balance sheet to support the organization's ongoing success; and
- Consolidated Operations that will increase efficiencies and maximize the impact of every donor dollar.
A driving factor in the consolidation is the ability to expand capacity to serve more people in need. InnVision Shelter Network estimates that integrating its services will allow the agency to serve hundreds of additional people each year. This increased capacity will fulfill a pressing community need, as the waiting list for shelter in San Mateo County has soared to over 50 homeless families every night over the past few years. Santa Clara County will also benefit greatly from the enhanced services -- the most recent Homeless Census and Survey in 2011 counted 7,045 homeless individuals on a single day.
"In this economic climate, the consolidation of nonprofits is smart business," said Karae Lisle, CEO of InnVision Shelter Network. "Shelter Network and InnVision both encompass decades of leadership in their field, providing supportive housing and comprehensive services, garnering pervasive community support, and displaying undeniable passion for changing lives. Together we will become an even better organization -- motivated by a commitment to public service, and guided by a management philosophy of efficiency, high quality, and collaboration. Our work has only been possible through the generous support of many loyal and caring community members, and we hope we can count on their continued support as we seek to expand and improve homeless services in the South Bay and throughout the Peninsula."
"I was pleased to learn of the merger of InnVision and Shelter Network," said Rep. Zoe Lofgren, Congresswoman for California's 16th District (San Jose). "These two organizations have worked tirelessly in Silicon Valley and on the Peninsula to foster self-reliance for the Bay Area's homeless and low-income individuals and families. By joining together, InnVision Shelter Network will be stronger and better able to positively effect change among our fellow citizens in need, ultimately promoting the overall health of our community."
The new IVSN Board of Directors was selected from the boards of both InnVision and Shelter Network, including community members with a variety of professional experience across finance, legal, technology, consulting, venture capital, and nonprofit industries. IVSN received significant pro-bono legal counsel from Fenwick & West LLP and Wilson Sonsini Goodrich & Rosati on this consolidation transaction.
About InnVision Shelter Network
InnVision Shelter Network (IVSN) is one of the largest and most effective providers of shelter/housing and supportive services across Silicon Valley and the San Francisco Peninsula. IVSN operates 18 major sites from San Jose to Daly City, providing emergency, transitional, and permanent supportive housing, along with a vast array of supportive resources to help clients secure a place to call home.
IVSN serves thousands of homeless clients annually through its "Beyond the Bed" service model -- a proven methodology that has historically delivered a 90% success rate in returning program graduates to permanent housing and self-sufficiency. Through community support -- including financial contributions, in-kind donations, and volunteerism -- IVSN empowers those in our community struggling with poverty and homelessness to gain valuable skills that lead to long term self-sufficiency. For more information, visit www.ivsn.org.