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Nonprofiteer
← HOME OPPORTUNITIES MADE EASY INC

Form 990 for tax year 2023

Filed by HOME OPPORTUNITIES MADE EASY INC.

Totals

Total revenue
$1,967,308
Total expenses
$2,015,115
Contributions and grants received
$1,511,648
Grants paid
$232,570
Program service revenue
$556,111
Investment income
-$111,124
Other revenue
$10,673
Total assets, end of year
$4,513,165
Total liabilities, end of year
$3,759,657
Net assets or fund balances, end of year
$753,508
Program services expenses (Part IX)
$1,720,129
Management and general expenses
$262,225
Fundraising expenses
$32,761
Program service expenses (Part III)
$1,720,129

Program services were 85.4% 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.

  • 1a · Federated campaigns

    $312,000

  • 1c · Fundraising events

    $49,352

  • 1e · Government grants (contributions)

    $651,934

  • 1f · All other contributions, gifts and grants

    $498,362

  • 1g · Noncash contributions included above

    $387,236

  • 2a · Program service revenue: HOME OWNERSHIP REVENUE

    total $263,354 · related or exempt $263,354

  • 2b · Program service revenue: DEVELOPMENT FEES

    total $100,300 · related or exempt $100,300

  • 2c · Program service revenue: SUBSIDIZED RENTAL INCOME

    total $89,173 · related or exempt $89,173

  • 2d · Program service revenue: GENERAL CONTRACTING FEES

    total $83,685 · related or exempt $83,685

  • 2e · Program service revenue: HOMEBUYER EDUCATION

    total $14,321 · related or exempt $14,321

  • 2f · All other program service revenue

    total $5,278 · related or exempt $5,278

  • 3 · Investment income

    total $2,690 · excluded $2,690

  • 7a · Gross sales of assets other than inventory

    other assets $262,000

  • 7b · Less cost or other basis and sales expenses

    other assets $375,814

  • 7c · Gain or loss

    other assets -$113,814

  • 7d · Net gain or loss

    total -$113,814 · excluded -$113,814

  • 8a · Fundraising events: gross income

    $4,270

  • 8a · Fundraising events: contributions included on line 1c

    $49,352

  • 8b · Fundraising events: direct expenses

    $12,919

  • 8c · Net income from fundraising events

    total -$8,649 · excluded -$8,649

  • 11a · Other revenue: MISCELLANEOUS

    total $19,322 · related or exempt $19,322

  • 11e · Other revenue, total

    $19,322

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $232,570 · program services $232,570

  • 5 · Compensation of officers, directors and key employees

    total $160,316 · program services $69,908 · management and general $74,397 · fundraising $16,011

  • 7 · Other salaries and wages

    total $530,577 · program services $424,165 · management and general $95,757 · fundraising $10,655

  • 9 · Other employee benefits

    total $59,114 · program services $51,807 · management and general $6,533 · fundraising $774

  • 10 · Payroll taxes

    total $74,444 · program services $54,500 · management and general $17,526 · fundraising $2,418

  • 11b · Fees: legal

    total $92 · program services $80 · management and general $12

  • 11c · Fees: accounting

    total $48,925 · program services $42,431 · management and general $6,494

  • 11g · Fees: other

    total $47,422 · program services $41,127 · management and general $6,295

  • 12 · Advertising and promotion

    total $4,521 · program services $3,692 · management and general $789 · fundraising $40

  • 13 · Office expenses

    total $11,955 · program services $9,002 · management and general $2,503 · fundraising $450

  • 16 · Occupancy

    total $62,699 · program services $59,937 · management and general $2,762

  • 17 · Travel

    total $7,237 · program services $6,689 · management and general $548

  • 19 · Conferences, conventions and meetings

    total $2,425 · program services $2,059 · management and general $366

  • 20 · Interest

    total $15,416 · program services $4,054 · management and general $11,362

  • 22 · Depreciation, depletion and amortization

    total $93,518 · program services $84,854 · management and general $8,664

  • 23 · Insurance

    total $25,775 · program services $21,909 · management and general $3,866

  • 24a · Other expenses: CONSTRUCTION AND REMODE

    total $544,887 · program services $544,887 · management and general $0 · fundraising $0

  • 24b · Other expenses: MISCELLANEOUS

    total $50,384 · program services $32,976 · management and general $17,408 · fundraising $0

  • 24c · Other expenses: EQUIPMENT RENTAL AND MA

    total $42,838 · program services $33,482 · management and general $6,943 · fundraising $2,413

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $431,328 · end of year $406,079

  • 3 · Pledges and grants receivable

    beginning of year $98,129 · end of year $596,402

  • 4 · Accounts receivable

    beginning of year $56,124 · end of year $90,321

  • 7 · Other notes and loans receivable

    beginning of year $258,979 · end of year $415,172

  • 9 · Prepaid expenses and deferred charges

    beginning of year $4,734 · end of year $0

  • 10a · Land, buildings and equipment: cost or other basis

    $2,521,058

  • 10b · Land, buildings and equipment: accumulated depreciation

    $495,640

  • 10c · Land, buildings and equipment, net

    beginning of year $2,153,590 · end of year $2,025,418

  • 15 · Other assets

    beginning of year $607,606 · end of year $979,773

  • 17 · Accounts payable and accrued expenses

    beginning of year $127,973 · end of year $215,194

  • 19 · Deferred revenue

    beginning of year $114,149 · end of year $210,654

  • 21 · Escrow or custodial account liability

    beginning of year $7,969 · end of year $5,791

  • 23 · Secured mortgages and notes payable

    beginning of year $2,518,981 · end of year $3,298,182

  • 25 · Other liabilities

    beginning of year $40,103 · end of year $29,836

  • 27 · Net assets without donor restrictions

    beginning of year $751,315 · end of year $732,508

  • 28 · Net assets with donor restrictions

    beginning of year $50,000 · end of year $21,000

Mission and programs · 2023

Mission

TO EMPOWER OUR NEIGHBORS BY HELPING THEM OVERCOME THE BARRIERS TO OBTAINING AND MAINTAINING SAFE, STABLE, AFFORDABLE HOUSING. WE DO THIS THROUGH EDUCATION, HOUSING COUNSELING, NEIGHBORHOOD REVITALIZATION, AND AFFORDABLE HOUSING DEVELOPMENT.

Activities or mission (Part I)

EMPOWERING OUR NEIGHBORS TO OBTAIN AND MAINTAIN SAFE, STABLE, AFFORDABLE HOUSING

  • PROPERTY PROGRAM - ACTS AS DEVELOPER AND GENERAL CONTRACTOR IN THE CONSTRUCTION OR REHABILITATION OF HOMES. THE HOMES ARE USED TO PROVIDE HOUSING OPPORTUNITIES TO LOW-INCOME FAMILIES THROUGH LEASE/PURCHASE, CONTRACT PURCHASE, TURNKEY, AND RENTALS. IN PARTNERSHIP WITH GOVERNMENTAL OR NONPROFIT ENTITIES, HOME, INC. MAY ACT AS A GENERAL CONTRACTOR IN THE BUILDING OR IMPROVING HOUSING FOR LOW-INCOME PEOPLE IN POLK COUNTY.

    Expenses $1,046,530 · Grants $16,000 · Revenue $560,885

  • COMMUNITY HOUSING SERVICES PROGRAM - PROVIDES COUNSELING, EDUCATION AND CITIZENS' ADVOCACY SERVICES TO ASSIST TENANTS, LANDLORDS, AND HOMELESS PEOPLE. HOME, INC. PROVIDES HOMEOWNERSHIP COUNSELING AND SUPPORTIVE SERVICES TO FAMILIES PARTICIPATING IN ITS LEASE/PURCHASE PROGRAM AND HOMEOWNERSHIP COUNSELING AND TECHNICAL ASSISTANCE TO LOW-INCOME PEOPLE.

    Expenses $350,360 · Revenue $14,523

  • STABLE FAMILIES - PROVIDES FINANCIAL ASSISTANCE AND COUNSELING TO FAMILIES WHO ARE AT RISK OF LOSING THEIR HOUSING. HOME, INC. ASSISTS WITH BUDGETING, CONNECTING THEM WITH JOB TRAINING, SCHOOLING, OUTSIDE COUNSELING, AND GETTING THE CHILDREN INVOLVED IN PROGRAMS.

    Expenses $323,239 · Grants $216,570 · Revenue $25

As filed on the 2023 return.

Listed in Part VII

  • KRIS SADDORIS

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • RYAN ARNOLD

    VICE PRESIDENT/PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • AMELIA KLATT

    SECRETARY/VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • JOSE GARCIA

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • CANDICE REVITA-RAMIREZ

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • XAN MCNELLY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • JENI COOPER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • ADRIANA SLAUGHTER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • ANDREW CEDERDAHL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • DORA SEDENO

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • DAVE HELLSTERN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • CARRIE KRUSE

    DIRECTOR (BEG 11/2023)

    Total calculated
    $0
    Hours/week
    1
  • DAVID NELSON

    DIRECTOR (BEG 11/2023)

    Total calculated
    $0
    Hours/week
    1
  • COLE MCCLELLAND

    DIRECTOR (BEG 11/2023)

    Total calculated
    $0
    Hours/week
    1
  • DANNY HEGGEN

    DIRECTOR (BEG 11/2023)

    Total calculated
    $0
    Hours/week
    1
  • DERMA RIVERA-AQUIRRE

    DIRECTOR (THRU 12/2023)

    Total calculated
    $0
    Hours/week
    1
  • ERIC FLEHARTY

    DIRECTOR (THRU 12/2023)

    Total calculated
    $0
    Hours/week
    1
  • KATHY KAHOUN

    DIRECTOR (THRU 12/2023)

    Total calculated
    $0
    Hours/week
    1
  • CARRIE WOERDEMAN

    EXECUTIVE DIRECTOR (BEG 8/2023)

    Total calculated
    $58,871
    From this org
    $58,871
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • KOURTNEY KIRKPATRICK

    INTERIM EXECUTIVE DIRECTOR (END AUG 2024)

    Total calculated
    $61,325
    From this org
    $61,325
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

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.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • WHERRY II BUILDING LLC

    HOLDING COMPANY · IA · income $75 · assets $323,420

    Directly controlled by HOME OPPORTUNITIES MADE EASY INC

Provenance

Return type
form_990
Tax year
2023
Filed
29 April 2025
IRS schema version
2023v6.0
Source object
202501219349300800

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