NEW HOPE HOUSING INC: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- NEW HOPE HOUSING INC (EIN 73-1419279)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2026-01-13
- IRS object ID
- 202610139349300966
- Schema version
- 2024v5.5
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule I
- Schedule J
- Schedule O
- Schedule R
- Reasonable Cause Explanation
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2026-01-13T09:38:58-06:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 760269860 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Blazek & Vetterling | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2900 Weslayan Suite 200 | AddressLine1Txt |
| City | Houston | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77027 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 731419279 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | New Hope Housing Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | NEWH | BusinessNameControlTxt |
| Phone | 7132220290 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3315 Harrisburg Blvd 400 | AddressLine1Txt |
| City | Houston | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77003 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | John Peavy | PersonNm |
| Person Title | Chief Financial Officer | PersonTitleTxt |
| Phone | 7132220290 | PhoneNum |
| Signature | 2026-01-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Kurt Coburn | PreparerPersonNm |
| PTIN | P01638285 | PTIN |
| Phone | 7134395739 | PhoneNum |
| Preparation | 2026-01-13 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Joy Horak-Brown | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3315 Harrisburg Blvd 400 | AddressLine1Txt |
| City | Houston | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77003 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $16,336,315 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.newhopehousing.com | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1993 | FormationYr |
| Legal Domicile State | TX | LegalDomicileStateCd |
| Activity Or Mission | To provide life-stabilizing, affordable housing and support for people with very limited incomes. | ActivityOrMissionDesc |
| Voting Members Governing Body | 16 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 16 | VotingMembersIndependentCnt |
| Total Employee | 231 | TotalEmployeeCnt |
| Total Volunteers | 160 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $17,222,987 | PYContributionsGrantsAmt |
| CY Contributions Grants | $12,870,786 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $1,061,213 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $1,211,518 | CYProgramServiceRevenueAmt |
| PY Investment Income | $827,142 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,417,348 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $19,111,342 | PYTotalRevenueAmt |
| CY Total Revenue | $15,499,652 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $7,876 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $23,247 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $2,695,231 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $2,653,859 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,269,974 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $2,222,674 | PYOtherExpensesAmt |
| CY Other Expenses | $2,497,832 | CYOtherExpensesAmt |
| PY Total Expenses | $4,925,781 | PYTotalExpensesAmt |
| CY Total Expenses | $5,174,938 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $14,185,561 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $10,324,714 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $81,752,697 | TotalAssetsBOYAmt |
| Total Assets EOY | $97,656,463 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $12,733,190 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $18,464,631 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $69,019,507 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $79,191,832 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | See Schedule O | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $702,332 | ExpenseAmt |
| Desc | See Schedule O | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,168,893 | ExpenseAmt |
| Grant | $23,247 | GrantAmt |
| Desc | See Schedule O | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $24,450 | ExpenseAmt |
| Revenue | $65,867 | RevenueAmt |
| Desc | See Schedule O | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (15 entries)
| DescDesc | ExpenseExpenseAmt | RevenueRevenueAmt |
|---|---|---|
| NHH at Congress - 57 units This property is owned and operated by Houston Area Community Development Corporation (HACDC). In 2002, HACDC became an affiliate of New Hope Housing, when the original board of directors passed governance to NHHI. The building is a moderate rehabilitation and modification of the Powell Hotel, which was established in 1925. The original renovation of the Congress property was completed in 1997 and received the Greater Houston Preservation Alliance Good Brick Award. At the end of October 2007, this property was temporarily closed for an intensive renovation and reopened in October 2010 to house the chronic homeless with disabilities. The original rehabilitation of the property performed before NHHI assumed governance was undercapitalized, and the contractor declared bankruptcy shortly after the original renovation was completed. Thus, the structure required substantial renovation and structural upgrades. | ||
| NHH at Brays Crossing - 149 units The City of Houston approached New Hope to develop Brays Crossing what was once the dilapidated HouTex Inn. In late 2007, FDI-Houston SRO, Ltd. purchased the property located at 6311 Gulf Freeway, I-45 at the Griggs Road exit. NHH at Brays Crossing, LLC is the general partner of FDIHouston SRO, Ltd. New Hope Housing, Inc. is the developer of the Brays Crossing project that now offers efficiency apartment housing for individuals with low incomes. It also serves as a foundation for a large public art display that is integral to the building design. This site was financed with a combination of Housing Tax Credits, allocated by the Texas Department of Housing and Community Affairs, and funds from the City of Houston, as well as private charitable contributors, including the Houston Endowment Inc., The Meadows Foundation, and the United Way of Greater Houston. The property opened in February 2010. Brays Crossing has received numerous awards including: 2017 Preservation Houston Future Landmark Award; 2011 ULI Award for Excellence - North and South America; 2011 ULI-Houston Development of Distinction Award; two national Builder's Choice Design & Planning Awards issued by the National Association of Homebuilders; two Houston Business Journal Landmark Awards; and, a Texas Architect Design Award. | ||
| NHH at Sakowitz - 166 units Sakowitz is the first LEED certified affordable housing in the State of Texas, and it is also Houston's first 'green' multifamily housing development. Situated in Greater Fifth Ward/Denver Harbor, the Sakowitz development opened in October 2010. This property is owned and operated by Houston Area Community Development Corporation (HACDC). This site was financed with a combination of Housing Tax Credits, allocated by the Texas Department of Housing and Community Affairs, and funds from the City of Houston, as well as private charitable contributors, including the Houston Endowment Inc., The Brown Foundation, The Fondren Foundation and other foundations and corporations. Sakowitz has also received several distinguished awards including: National Association of Housing and Redevelopment Officials (NAHRO) Award of Excellence; USGBC LEED for Homes Outstanding Affordable Developer Award; and, a Houston Business Journal Landmark Award. | ||
| NHH at Perry - 160 units New Hope opened NHH at Perry in late October 2012. Perry is financed through a public/private partnership that leverages tax credit investments with funds from the City of Houston as well as private charitable donors, including the Federal Home Loan Bank of Chicago, JPMorgan Chase Foundation, and other foundations and corporations.The Perry project is a 160-unit SRO apartment complex located south of the University of Houston on Perry Street between Foster and Eastwood Streets. This property is New Hope's second LEED platinum certified, energy efficient building. Perry has received several important honors, including: Housing the Homeless Commendation issued by International Making Cities Livable; New DevelopmentAffordable Tax Credit Award presented by the Houston Apartment Association; and, a Keep Houston Beautiful Mayor's Proud Partner Award. | ||
| NHH at Rittenhouse - 160 units New Hope opened its seventh SRO - Rittenhouse, in December 2013. Rittenhouse is financed through a public/private partnership that leverages tax credit investments with funds from the City of Houston as well as private charitable donors. Rittenhouse is a 160-unit SRO apartment complex located in north Houston off I-45 North at the corner of Stuebner Airline and Rittenhouse Road. It is New Hope's third LEED platinum development. The Rittenhouse development features a grove of mature oaks trees, beautiful gardens and native 'prairie' areas, creating a unique park-like experience. It also includes art installations. The creation of a sense of place through art, architecture and nature is an integral part of New Hope's award-winning approach to affordable housing. As evidence of its impact on the community, Rittenhouse has been honored with several awards and accolades, including: the 2015 ULI-Houston Development of Distinction; Houston Business Journal Landmark Award in Community Impact; Novogradac Journal of Tax Credits Development of Distinction Award; and, the 2014 J. Howard Rambin III Founder's Award by Keep Houston Beautiful. | ||
| NHH at Reed - 187 units With the opening of Rittenhouse, New Hope celebrated reaching its near-term goal of developing and managing almost 1,000 units of SRO housing. There is a compelling need for Housing + Services for a number of very low- to moderate-income populations in Houston, and New Hope is now positioned to address a variety of supportive housing needs. The Board of Directors made a strategic decision to respond to this need, and to expand New Hope's reach to reduce the footprint of homelessness for Houston families, as well as continuing to serve individuals. New Hope has opened its first affordable, supportive housing for homeless and near homeless families. This innovative community, NHH at Reed, is a 187-unit apartment complex made up of 1-, 2-, and 3- bedroom units. It is located off Highway 288 and Reed Road. With the goal to uplift families from generational poverty, the organization provides robust onsite social services that focus on addressing food insecurities, education, health, and employment. Designed by GSMA, Inc. and constructed by Camden Builders, this development is LEED Gold certified. A grand opening ceremony took place in September 2018. The Reed development has received numerous accolades and media mentions since its opening. That includes being honored, together with its neighboring partner Star of Hope, with the 2020 ULI-Houston Development of Distinction award. The City of Houston committed $10.1MM in local Homeless Bond Program funds, which have been leveraged with other public/private investments. | ||
| NHH at Harrisburg - 175 units New Hope opened its first mixed-use development, NHH at Harrisburg. This transit-oriented community is a 175-unit SRO serving individuals living on extremely low incomes. The nonprofit organization celebrated a grand opening in April 2018. Located on the light rail in Houston's East End, Harrisburg also includes 4,000 SF of retail space and 7,500 SF of commercial office space, which is now home to New Hope's corporate office. Underscoring their commitment to mission, New Hope located their headquarters where their residents live. As the organization's fourth LEED platinum certified development, NHH at Harrisburg was designed by Ernesto L. Maldonado, AIA of GSMA, Inc. As evidence of its impact on the community, Harrisburg has already been honored with several awards and accolades, including: the 2019 Houston Business Journal Landmark Award in Community Impact; the Houston Apartment Association Landmark Award in Tax Credits; the National Association of Housing and Redevelopment Officials Award of Excellence; and, the U.S. Green Building Council Leadership Award. The City of Houston committed $6.6MM in HOME funds plus a portion of local Homeless Bond Program funds. To create a true public/private partnership, New Hope leveraged these funds with 4% Housing Tax Credits and Bonds, allocated by the Texas Department of Housing and Community Affairs, in addition to grants and contributions from private sources. Under the terms of an agreement for the sale of New Hope's original 129-unit Hamilton Street Residence, Hamilton closed when Harrisburg opened. Hamilton residents were given the opportunity to move to the new 175-unit Harrisburg property or to another New Hope property of their choice, based on availability and eligibility. | ||
| NHH Dale Carnegie - 170 units New Hope celebrated the opening of its ninth SRO development, NHH Dale Carnegie, in October 2020. NHH Dale Carnegie was the first affordable housing development to break ground in Houston after Hurricane Harvey. The timing of its opening was fortuitous as people recover from COVID-19 and natural disasters. Located in the Sharpstown area of southwest Houston, this project is a 170-unit SRO serving individuals on extremely low incomes. Many of the residents are people who have experienced homelessness. Ernesto L. Maldonado, AIA of GSMA, Inc. designed this LEED Gold certified property. The City of Houston committed $8.5MM in HOME plus a portion of local Homeless Bond Program funds. To create a true public/private partnership, New Hope leveraged these funds with 9% Housing Tax Credits, allocated by the Texas Department of Housing, and Community Affairs, in addition to grants and contributions from private sources. | ||
| NHH Avenue J - 100 units In 2022, New Hope opened its second property for families. Located in Houston's vibrant, culturally rich East End, NHH Avenue J offers 100 units of 1- and 2-bedroom apartments for working families and those on a fixed income. This multifamily property is our first designed for working families. It is in the historic Second Ward where naturally occurring affordable housing (NOAH) is dwindling, and development of high-end urban homes are becoming prolific. The location is one of Houston's five Complete Communities and a designated Concrete Revitalization Area. It will offer an affordable option in a rapidly gentrifying neighborhood with escalating rental rates. The City of Houston invested $12,485,000 in Community Development Block Grant (CDBG) Disaster Relief funds, which were monies allocated to local municipalities by the U.S. Department of Housing and Community Development. Those funds were leveraged with 4% Housing Tax Credits and Bonds, allocated by the Texas Department of Housing and Community Affairs. Additional grants and contributions from private sources helped to close the funding gap. | ||
| NHH Savoy - 120 units This multifamily property is our second for working families. It is also the second New Hope property in Houston's Southwest Sharpstown neighborhood, just a block from the Dale Carnegie SRO. This high-quality apartment community is thoughtfully designed near health and education institutions in a transit-centric neighborhood near high frequency bus lines. The NHH Savoy property was completed in Q3 2023 and offers 120 apartment homes comprised of 1-, 2- and 3-units and 6,000 square feet of shared community space.The City of Houston invested $13.2MM in Community Development Block Grant (CDBG) Disaster Relief funds. These are monies allocated to local municipalities by the U.S. Department of Housing and Community Development to help Texas rebuild and recover from Hurricane Harvey. Those funds were leveraged with 9% Housing Tax Credits, allocated by the Texas Department of Housing and Community Affairs. Additional grants and contributions from private sources closed the funding gap. | ||
| NHH Berry - 180 unitsNew Hope Housing Berry (NHH Berry) is located in the Northline neighborhood. It opened in 2025 and offers 180 low-income households a resilient and sustainable solution to the increasing affordable housing shortage in the wake of Hurricane Harvey and the pervasive substandard rental housing for families. | ||
| NHH Gray - 135 unitsIn Q2 2021, New Hope received approval from Midtown Redevelopment Authority (MRA) to begin pre-development of New Hope Housing Gray (NHH Gray). This project opened in 2025 and houses 135 low- to moderate-income seniors. It is located in the historic Third Ward on Gray Street as a collaboration between New Hope Housing, MRA, and the Center for Civic and Public Policy Improvement(CCPPI). | ||
| NHH Ennis - 102 unitsNew Hope Housing Ennis (NHH Ennis) opened in 2025 and is New Hope's second affordable community serving seniors and is located in Houston's vibrant East Downtown neighborhood. | ||
| NHH Avenue C - 120 units New Hope Housing Avenue C (NHH Ave C) will be New Hope's third affordable community serving seniors and will be located in the East End. | ||
| $320,953 | $1,145,651 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $320,953 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Revenue | $1,145,651 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $2,216,628 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | Yes (1) | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (1) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 128 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 231 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 16 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 16 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | Yes (1) | InvestmentInJointVentureInd |
| Written Policy Or Procedure | Yes (1) | WrittenPolicyOrProcedureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Joy Horak-Brown | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7132220290 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3315 Harrisburg Blvd Ste 400 | AddressLine1Txt |
| City | Houston | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77003 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (28 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|---|
| Ricardo Rivas | |||||||||
| Chairman | 9.00 | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Andrea M Link | |||||||||
| Vice Chair | 3.00 | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Kevin Fulton | |||||||||
| Secretary | 1.00 | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Janice E Walker | |||||||||
| Treasurer | 2.00 | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Sanford W Criner Jr | |||||||||
| Chairman Emeritus | 1.00 | 3.00 | Yes (X) | $0 | $0 | $0 | |||
| Michael M Fowler | |||||||||
| Chairman Emeritus | 1.00 | 3.00 | Yes (X) | $0 | $0 | $0 | |||
| Kenneth J Valach | |||||||||
| Chairman Emeritus | 1.00 | 5.00 | Yes (X) | $0 | $0 | $0 | |||
| James F Craig III | |||||||||
| Director | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Philip A Croker | |||||||||
| Director | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Bolivar M Fraga | |||||||||
| Director | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| Joseph S Hagan | |||||||||
| Director | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Laura R Jaramillo | |||||||||
| Director | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Melissa M Noriega | |||||||||
| Director | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Carleton Riser | |||||||||
| Director | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Vanessa R Schick | |||||||||
| Director | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Frank C Steininger | |||||||||
| Director | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Joy Horak-Brown | |||||||||
| President & CEO | 25.00 | 25.00 | Yes (X) | $190,800 | $190,800 | $924 | |||
| Calvin Tang | |||||||||
| CFO (to March) | 40.00 | 10.00 | Yes (X) | $43,333 | $0 | $2,385 | |||
| Tamara Foster | |||||||||
| EVP Onsite Ops/Strategic Partnership | 40.00 | 10.00 | Yes (X) | $227,700 | $0 | $22,041 | |||
| John Peavy | |||||||||
| CFO (from July) | 40.00 | 10.00 | Yes (X) | $128,679 | $0 | $234 | |||
| Ron Lastimosa | |||||||||
| VP Real Estate Development | 0.00 | 50.00 | $0 | $210,000 | $24,541 | Yes (X) | |||
| Diana Gross | |||||||||
| VP, Philanthrophy & Communications | 46.00 | 4.00 | $188,250 | $0 | $22,041 | Yes (X) | |||
| Katie Lamb | |||||||||
| VP, People & Culture | 40.00 | 10.00 | $188,250 | $0 | $22,830 | Yes (X) | |||
| Stacey Lastovica | |||||||||
| VP Property Management | 40.00 | 10.00 | $138,000 | $0 | $22,641 | Yes (X) | |||
| Ash Hussain | |||||||||
| Director of Finance | 40.00 | 10.00 | $148,000 | $0 | $15,641 | Yes (X) | |||
| Rhonda Bonfield | |||||||||
| Dir. of Foundations and Corp Rel. | 46.00 | 4.00 | $119,600 | $0 | $10,482 | Yes (X) | |||
| Katherine Anchondo | |||||||||
| Real Estate Development Manager | 0.00 | 50.00 | $0 | $117,252 | $26,981 | Yes (X) | |||
| Aziz Ouedraogo | |||||||||
| Senior Manager Finance | 40.00 | 10.00 | $105,000 | $0 | $13,483 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,477,612 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $518,052 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $184,224 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 11 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Glassman Shoemaker Maldonado | |||||
| 3815 Montrose Blvd | Houston | TX | 77006 | Architect | $350,709 |
| EDI International | |||||
| 3250 Briarpark Dr | Houston | TX | 77042 | Architect | $290,096 |
| Camden Builders | |||||
| 11 Greenway Plaza | Houston | TX | 77046 | General contractor | $194,071 |
| Wells Fargo | |||||
| PO Box 29482 | Phoenix | AZ | 85038 | Financial services | $148,824 |
| Duane Morris | |||||
| 30 South 17th St | Philadelphia | PA | 19103 | Legal services | $135,647 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 6 | CntrctRcvdGreaterThan100KCnt |
| Related Organizations | $7,865,736 | RelatedOrganizationsAmt |
| Government Grants | $684,126 | GovernmentGrantsAmt |
| All Other Contributions | $4,320,924 | AllOtherContributionsAmt |
| Total Contributions | $12,870,786 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| Management fees | 900099 | $810,652 | $810,652 |
| Program-related interest | 522292 | $400,866 | $400,866 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $1,211,518 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,417,348 | TotalRevenueColumnAmt |
| Exclusion | $1,417,348 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $836,663 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $836,663 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $0 | SecuritiesAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $15,499,652 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,211,518 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,417,348 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,247 | TotalAmt |
| Program Services | $23,247 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,037,467 | TotalAmt |
| Program Services | $506,188 | ProgramServicesAmt |
| Management And General | $274,766 | ManagementAndGeneralAmt |
| Fundraising | $256,513 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,194,406 | TotalAmt |
| Program Services | $612,278 | ProgramServicesAmt |
| Management And General | $88,269 | ManagementAndGeneralAmt |
| Fundraising | $493,859 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $76,573 | TotalAmt |
| Program Services | $42,098 | ProgramServicesAmt |
| Management And General | $18,823 | ManagementAndGeneralAmt |
| Fundraising | $15,652 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $181,861 | TotalAmt |
| Program Services | $110,924 | ProgramServicesAmt |
| Management And General | $43,962 | ManagementAndGeneralAmt |
| Fundraising | $26,975 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $163,552 | TotalAmt |
| Program Services | $83,258 | ProgramServicesAmt |
| Management And General | $25,611 | ManagementAndGeneralAmt |
| Fundraising | $54,683 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $40,344 | TotalAmt |
| Program Services | $35,000 | ProgramServicesAmt |
| Management And General | $5,344 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $91,072 | TotalAmt |
| Management And General | $91,072 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $231,950 | TotalAmt |
| Program Services | $93,230 | ProgramServicesAmt |
| Management And General | $105,323 | ManagementAndGeneralAmt |
| Fundraising | $33,397 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $285,909 | TotalAmt |
| Fundraising | $285,909 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $468,363 | TotalAmt |
| Program Services | $187,690 | ProgramServicesAmt |
| Management And General | $273,552 | ManagementAndGeneralAmt |
| Fundraising | $7,121 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $154,541 | TotalAmt |
| Program Services | $53,988 | ProgramServicesAmt |
| Management And General | $63,358 | ManagementAndGeneralAmt |
| Fundraising | $37,195 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $535,598 | TotalAmt |
| Program Services | $7,773 | ProgramServicesAmt |
| Management And General | $527,039 | ManagementAndGeneralAmt |
| Fundraising | $786 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,845 | TotalAmt |
| Program Services | $946 | ProgramServicesAmt |
| Management And General | $1,490 | ManagementAndGeneralAmt |
| Fundraising | $409 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $188,686 | TotalAmt |
| Program Services | $117,374 | ProgramServicesAmt |
| Management And General | $59,047 | ManagementAndGeneralAmt |
| Fundraising | $12,265 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $202,496 | TotalAmt |
| Program Services | $202,496 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,382 | TotalAmt |
| Management And General | $10,382 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $46,740 | TotalAmt |
| Program Services | $6,769 | ProgramServicesAmt |
| Management And General | $39,971 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| Professional dev. | $178,564 | $96,083 | $52,646 | $29,835 |
| Dues and subscriptions | $31,357 | $8,379 | $7,603 | $15,375 |
| Resident support | $28,985 | $28,907 | $78 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,174,938 | TotalAmt |
| Program Services | $2,216,628 | ProgramServicesAmt |
| Management And General | $1,688,336 | ManagementAndGeneralAmt |
| Fundraising | $1,269,974 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $232 | BOYAmt |
| EOY | $250 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,057,030 | BOYAmt |
| EOY | $7,856,842 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $328,400 | BOYAmt |
| EOY | $1,479,353 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,805 | BOYAmt |
| EOY | $23,955 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $228,124 | BOYAmt |
| EOY | $250,841 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $1,809,535 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $67,037 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,487,798 | BOYAmt |
| EOY | $1,742,498 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $765 | BOYAmt |
| EOY | $805 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $66,338,948 | BOYAmt |
| EOY | $78,841,562 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,305,595 | BOYAmt |
| EOY | $7,460,357 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $81,752,697 | BOYAmt |
| EOY | $97,656,463 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $483,190 | BOYAmt |
| EOY | $464,631 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,000,000 | BOYAmt |
| EOY | $15,000,000 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,250,000 | BOYAmt |
| EOY | $3,000,000 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,733,190 | BOYAmt |
| EOY | $18,464,631 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $57,976,364 | BOYAmt |
| EOY | $66,334,837 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,043,143 | BOYAmt |
| EOY | $12,856,995 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $69,019,507 | BOYAmt |
| EOY | $79,191,832 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $81,752,697 | BOYAmt |
| EOY | $97,656,463 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $10,324,714 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$1,972 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$150,417 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $11,573,513 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $5,728,522 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,537,943 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $17,222,987 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $12,870,786 | CurrentTaxYearAmt |
| Total | $50,933,751 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $11,573,513 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $5,728,522 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,537,943 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $17,222,987 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $12,870,786 | CurrentTaxYearAmt |
| Total | $50,933,751 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $9,278,746 | SubstantialContributorsTotAmt |
| Public Support Total170 | $41,655,005 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $216,212 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $126,769 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $348,420 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $873,030 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,417,348 | CurrentTaxYearAmt |
| Total | $2,981,779 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $53,915,530 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $4,758,389 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.77260 | PublicSupportCY170Pct |
| Public Support PY170 | 0.77240 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $963,528 | OtherCostOrOtherBasisAmt |
| Book Value | $963,528 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $67,136 | OtherCostOrOtherBasisAmt |
| Depreciation | $67,037 | DepreciationAmt |
| Book Value | $99 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $778,871 | OtherCostOrOtherBasisAmt |
| Book Value | $778,871 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $1,742,498 | TotalBookValueLandBuildingsAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp (11 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| N/R - Dale Carnegie | $6,100,369 | C |
| N/R - Perry | $500,000 | C |
| N/R - Rittenhouse | $718,071 | C |
| N/R - Harrisburg | $10,088,500 | C |
| N/R - Reed | $11,827,484 | C |
| N/R - Avenue J | $9,911,995 | C |
| N/R - Savoy | $4,031,611 | C |
| N/R - Berry | $14,155,651 | C |
| N/R - Gray | $9,120,078 | C |
| N/R - Ennis | $7,377,174 | C |
| N/R - Ave C | $5,010,629 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $78,841,562 | TotalBookValueProgramRltdAmt |
Other Assets Org OtherAssetsOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Due from affiliates | Desc |
| Book Value | $7,460,357 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $7,460,357 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Deferred payment loans | Desc |
| Amt | $3,000,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $3,000,000 | TotalLiabilityAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Albert Schweitzer Fellowship Houston-Galveston | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6431 Fannin St JJL351 | AddressLine1Txt |
| City | Houston | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77030 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient EIN | 463641306 | RecipientEIN |
| IRC Section | 501(c)(3) | IRCSectionDesc |
| Cash Grant | $10,080 | CashGrantAmt |
| Non Cash Assistance | $0 | NonCashAssistanceAmt |
| Purpose Of Grant | General support | PurposeOfGrantTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 2: | FormAndLineReferenceDesc |
| Explanation | New Hope Housing, Inc. (NHHI) periodically makes grants to mission-aligned local public charities. In 2024, NHHI made a grant to the Albert Schweitzer Fellowship Houston-Galveston to support their fellowship program. The community connections between the organizations serve to monitor the use of funds. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (7 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Joy Horak-Brown | ||||||||||||||
| President & CEO | $159,000 | $159,000 | $31,800 | $31,800 | $0 | $0 | $0 | $0 | $462 | $462 | $191,262 | $191,262 | $0 | $0 |
| Tamara Foster | ||||||||||||||
| EVP Onsite Ops/Strategic Partnership | $207,000 | $0 | $20,700 | $0 | $0 | $0 | $12,500 | $0 | $9,541 | $0 | $249,741 | $0 | $0 | $0 |
| Ron Lastimosa | ||||||||||||||
| VP Real Estate Development | $0 | $150,000 | $0 | $60,000 | $0 | $0 | $0 | $4,200 | $0 | $20,341 | $0 | $234,541 | $0 | $0 |
| Katie Lamb | ||||||||||||||
| VP, People & Culture | $165,000 | $0 | $23,250 | $0 | $0 | $0 | $7,299 | $0 | $15,531 | $0 | $211,080 | $0 | $0 | $0 |
| Diana Gross | ||||||||||||||
| VP, Philanthrophy & Communications | $165,000 | $0 | $23,250 | $0 | $0 | $0 | $12,500 | $0 | $9,541 | $0 | $210,291 | $0 | $0 | $0 |
| Ash Hussain | ||||||||||||||
| Director of Finance | $135,000 | $0 | $13,000 | $0 | $0 | $0 | $6,100 | $0 | $9,541 | $0 | $163,641 | $0 | $0 | $0 |
| Stacey Lastovica | ||||||||||||||
| VP Property Management | $120,000 | $0 | $18,000 | $0 | $0 | $0 | $13,100 | $0 | $9,541 | $0 | $160,641 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 7 | FormAndLineReferenceDesc |
| Explanation | The Executive Committee meets annually at year-end to evaluate the performance of the top officials and determine the amount of bonuses to be paid, if any. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (10 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part I, Line 1, Description of Organization Mission: | (Continued from Part I, Line 1) Their model of excellence in high quality Housing + Services is the key element to alleviating homelessness. |
| Form 990, Part III, Line 1, Description of Organization Mission: | New Hope Housing's core purpose is to provide life-stabilizing, affordable, permanent housing with support services for people who live on very limited incomes. The nonprofit organization owns and operates single room occupancy (SRO) for individuals and affordable housing for families with children. Currently, we have four properties in development, one for families and three for seniors. Without permanent housing in a safe and nurturing environment, these men, women, and children might become unhoused or live in severely substandard conditions. The residents at New Hope's SROs and supportive housing for previously homeless families earn an average of $800 a month, a direct indicator that New Hope serves Houston's citizens most at risk of becoming unhoused. Approximately 65% of our supportive housing population is formerly homeless, and many are formerly chronic 'street' homeless coping with mental health disabilities and chronic health conditions. Together with our partners, New Hope helps people come home. Our core purpose is to provide life-stabilizing, affordable, permanent housing with support services for people who live on very limited incomes. The vision for New Hope grew out of the ministry of Christ Church Cathedral-Episcopal in 1993. We are committed to carrying forward that vision by providing high-quality Housing + Services, which lay the foundation of hope for a stable life. The rental rates at all affordable housing properties operated by New Hope Housing, Inc. and its affiliates include free utilities, cable TV access, on-site support services, and, in some instances, high-speed internet. At each of the SRO properties, the front desk is staffed 24 hours a day, 7 days a week. |
| Form 990, Part III, Line 4a, Description of Program Service: | While apartment buildings do generate management fees that are paid to New Hope Housing, Inc. (the corporation), they are not sufficient to fund entirely the corporate office operations, which drives project development and all fundraising efforts. Therefore, we rely on funding from a variety of private donors, and with Board support, we continue to cultivate new donor relationships. Any gaps are then filled by developer fees, although their primary intent is to fund future project developments. Neither management nor developer fees fund resident services. The Resident Services Program ("RSP") is 100% supported privately. Through the work of our highly qualified staff, our RSP delivers direct support services and works closely with collaborative partners. Increasing our funded collaborative partnerships helps keep program costs low. |
| Form 990, Part III, Line 4b, Description of Program Service: | Resident Services Program New Hope Housing offers permanent supportive housing to people who have a long-range need for low-cost, supportive housing. Of course, there are residents who prefer to live at a New Hope property during a transitional time in their lives, later reuniting with family, or moving into market rate housing. As part of providing a supportive environment, New Hope operates the Resident Services Program, a four-pronged initiative that includes: (1) Assistance from the on-site Case Managers and Community Support Specialists who coordinate access to social services and to whom residents can turn if they are facing special difficulties. (2) Direct assistance with basic necessities, financial services, and food security that promote stability in the lives of residents. (3) Educational opportunities, life skills training, social activities, and healthcare access for spiritual, social, and physical well-being, and for equitable opportunities. (4) A Resident Feedback Collaborative, which closes feedback loops and amplifies residents' voices, ensuring New Hope's Housing + Services are meeting true resident needs. More people have been housed in Houston, Texas since 2012 than ever before thanks to a strongly supported housing system. Yet much work remains to fill the approximately 195,000 shortage of affordable homes. This drives New Hope's intent to be an enduring institution serving people in Houston experiencing homelessness and those at risk of becoming unhoused. |
| Form 990, Part III, Line 4c, Description of Program Service: | NHH at Canal - 134 units New Hope Housing facilitated the development and construction of NHH at Canal, owned by its subsidiary, NHH-Canal Street Apartments, Inc. The Canal building is Houston's first SRO in a neighborhood and opened in November 2005 at 2821 Canal Street in Houston's historic Second Ward/East End. Canal serves adults living singly on low incomes. The Canal development received numerous accolades including an AIA-Houston design award; the 2009 ULI-Houston Development of Distinction award; and was a finalist for ULI's 2009 Award for Excellence-North and South America. This recognition proves that affordable SRO housing can fill a public need and still be stylish - all on a shoestring budget. The development costs were funded through a public/private partnership that includes the City of Houston, Texas Department of Housing and Community Affairs, the Federal Home Loan Bank of Atlanta, and a broad array of foundation, corporate, and individual donors. |
| Form 990, Part VI, Section B, line 11b | Certain members of the Finance Committee review and approve Form 990. Form 990 is distributed to governing body via email prior to filing. |
| Form 990, Part VI, Section B, line 12c | Annual written disclosure by all officers, directors and key employees is required. If any conflicts are identified, the board of directors takes appropriate action. |
| Form 990, Part VI, Section B, line 15 | The Executive Committee reviews the Executive Director's compensation using comparative data from similar organizations. President/CEO reviews, with input from Treasurer/CFO, and comparative data is used. President/CEO reviews Treasurer/CFO, Vice President of Onsite Operations, Vice President of Real Estate Development, Vice President of Fund Development and Communications, and the Director of Human Resources. Other employees are reviewed by direct supervisors, with final approval of President/CEO. All employees (except new hires) were reviewed in 2024. |
| Form 990, Part VI, Section C, line 19 | Governing documents are made available upon reasonable request and at the corporate office. |
| Form 990, Part XI, line 9: | Cancellation of program-related debt -150,417. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|
| Houston Area Community Development Corp | ||||||||||
| 3315 Harrisburg Blvd Ste 400 | Houston | TX | 77003 | 760380705 | Low income housing | TX | 501(c)(3) | Line 7 | New Hope Housing Inc | Yes (1) |
| NHH-Canal Street Apartments Inc | ||||||||||
| 3315 Harrisburg Blvd Ste 400 | Houston | TX | 77003 | 043664461 | Low income housing | TX | 501(c)(3) | Line 12a, I | New Hope Housing Inc | Yes (1) |
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (10 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Direct Controlling NADirectControllingNACd | Disproportionate AllocationsDisproportionateAllocationsInd | General Or Managing PartnerGeneralOrManagingPartnerInd |
|---|---|---|---|---|---|---|---|---|---|
| Rittenhouse SRO Ltd | |||||||||
| 3315 Harrisburg Blvd Ste 400 | Houston | TX | 77003 | 352424076 | SRO Housing | TX | N/A | Yes (1) | Yes (1) |
| Harrisburg SRO Ltd | |||||||||
| 3315 Harrisburg Blvd Ste 400 | Houston | TX | 77003 | 811319604 | SRO Housing | TX | N/A | 0 | 0 |
| NHH At Reed Ltd | |||||||||
| 3315 Harrisburg Blvd Ste 400 | Houston | TX | 77003 | 471050534 | SRO Housing | TX | N/A | 0 | 0 |
| Dale Carnegie SRO Ltd | |||||||||
| 3315 Harrisburg Blvd Ste 400 | Houston | TX | 77003 | 831616467 | SRO Housing | TX | N/A | 0 | 0 |
| NHH Avenue J Ltd | |||||||||
| 3315 Harrisburg Blvd Ste 400 | Houston | TX | 77003 | 844704572 | SRO Housing | TX | N/A | 0 | 0 |
| NHH Savoy Ltd | |||||||||
| 3315 Harrisburg Blvd Ste 400 | Houston | TX | 77003 | 852806946 | SRO Housing | TX | N/A | 0 | 0 |
| NHH Berry LLC | |||||||||
| 3315 Harrisburg Blvd Ste 400 | Houston | TX | 77003 | 923931786 | SRO Housing | TX | N/A | 0 | 0 |
| NHH Gray LLC | |||||||||
| 3315 Harrisburg Blvd Ste 400 | Houston | TX | 77003 | 931691063 | Senior Housing | TX | N/A | 0 | 0 |
| NHH Ennis LLC | |||||||||
| 3315 Harrisburg Blvd Ste 400 | Houston | TX | 77003 | 873973091 | Senior Housing | TX | N/A | 0 | 0 |
| NHH Avenue C Ltd | |||||||||
| 3315 Harrisburg Blvd Ste 400 | Houston | TX | 77003 | 992984781 | Senior Housing | TX | N/A | 0 | 0 |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NHH at Rittenhouse LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3315 Harrisburg Blvd Ste 400 | AddressLine1Txt |
| City | Houston | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77003 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 453589646 | EIN |
| Primary Activities | Project development | PrimaryActivitiesTxt |
| Legal Domicile State | TX | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | New Hope Housing Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Entity Type | C | EntityTypeTxt |
| Share Of Total Income | $5 | ShareOfTotalIncomeAmt |
| Share Of EOY Assets | $548,544 | ShareOfEOYAssetsAmt |
| Ownership | 1.00000 | OwnershipPct |
| Controlled Organization | Yes (1) | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (1) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | Yes (1) | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (1) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | Yes (1) | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (7 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| Houston Area Community Development Corp | ||
| L | $38,305 | Accrual |
| Houston Area Community Development Corp | ||
| O | $66,367 | Cash |
| Houston Area Community Development Corp | ||
| Q | $520,000 | Cash |
| NHH-Canal Street Apartments Inc | ||
| L | $65,867 | Accrual |
| NHH-Canal Street Apartments Inc | ||
| O | $209,098 | Cash |
| NHH-Canal Street Apartments Inc | ||
| Q | $782,231 | Cash |
| Houston Area Community Development Corp | ||
| C | $7,865,736 | Accrual |
Reasonable Cause Explanation ReasonableCauseExplanation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | The organization's finance and accounting team experienced significant personnel changes in 2024, complicating the completion of the organization's 2024 Form 990. The organization exercised ordinary business care and prudence and was nevertheless unable to file the return within the prescribed time. The organization has not previously filed late and has had discussions with its paid preparer about steps it can take to ensure that subsequent returns are timely filed. The organization respectfully requests abatement from late filing penalties due to the reasonable causes explained above. | ExplanationTxt |