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Nonprofiteer
← WIDER PATH HOME FOUNDATION

Form 990 for tax year 2023

Filed by WIDER PATH HOME FOUNDATION.

Totals

Total revenue
$507,000
Total expenses
$1,763,647
Contributions and grants received
$507,000
Grants paid
$1,530,638
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$165,351
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$165,351
Program services expenses (Part IX)
$1,530,638
Management and general expenses
$233,009
Fundraising expenses
$0
Program service expenses (Part III)
$1,530,638

Program services were 86.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $507,000

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $5,000 · program services $5,000

  • 2 · Grants to domestic individuals

    total $1,525,638 · program services $1,525,638

  • 5 · Compensation of officers, directors and key employees

    total $78,319 · management and general $78,319

  • 7 · Other salaries and wages

    total $11,090 · management and general $11,090

  • 10 · Payroll taxes

    total $6,721 · management and general $6,721

  • 11g · Fees: other

    total $116,450 · management and general $116,450

  • 12 · Advertising and promotion

    total $1,570 · management and general $1,570

  • 13 · Office expenses

    total $1,321 · management and general $1,321

  • 23 · Insurance

    total $2,590 · management and general $2,590

  • 24a · Other expenses: Regristration

    total $13,829 · management and general $13,829

  • 24b · Other expenses: Licenses

    total $1,119 · management and general $1,119

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,420,898 · end of year $165,351

  • 4 · Accounts receivable

    beginning of year $1,100 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $1,421,998 · end of year $165,351

Mission and programs · 2023

Mission

Wider Path Home Foundation is grounded in responding to America's history of restricting access to safe, quality, and affordable land, housing, and other essential sustainable resources for African Americans and those facing a similar plight. Because of this history, our mission is to bring housing industry leaders together to support affordable housing through education, community development, and down payment assistance. We network with the housing industry and other industry partners to fill in needed supports for local community development that advance housing equity, affordability, and stability.

Activities or mission (Part I)

The purpose of the corporation is to support members of minority and other understanding populations that seek to own homes in economically disadvantage areas by providing homes ownership related financial education and down payment assistance, and to engage in any lawful act of activity for which corporation maybe organized under the general corporation law.

  • To support sustainable affordable housing through housing education, community development, and down payment assistance. We want to provide an experience built on grace, mercy, reconciliation, home, rest, and unconditional love.

    Expenses $1,530,638 · Grants $1,530,638

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Dennis Hardiman

    CEO

    Total calculated
    $0
    Hours/week
    1

  • Brian Gilpin

    President

    Total calculated
    $0
    Hours/week
    4

  • Deanna Roy

    Secretary

    Total calculated
    $0
    Hours/week
    0.25

  • Audley Lewis

    Treasurer

    Total calculated
    $0
    Hours/week
    1

  • Sarah Hobson

    Director of Educational Content and Community Conn

    Total calculated
    $78,319
    From this org
    $78,319
    From related orgs
    $0
    Other
    $0
    Hours/week
    20

  • Meghan Handy

    Director of Marketing

    Total calculated
    $0
    Hours/week
    2

  • Parkes Dibble

    Director of Community Development

    Total calculated
    $0
    Hours/week
    0.25

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
1 November 2024
IRS schema version
2023v5.1
Source object
202423069349301847

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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