Totals
- Total revenue
- $3,285,203
- Total expenses
- $976,632
- Contributions and grants received
- $538,667
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $2,601,581
- Other revenue
- $144,955
- Total assets, end of year
- $5,777,249
- Total liabilities, end of year
- $1,090,905
- Net assets or fund balances, end of year
- $4,686,344
- Program services expenses (Part IX)
- $827,820
- Management and general expenses
- $148,812
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $827,820
Program services were 84.8% 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.
-
1a · Federated campaigns
$0
-
1b · Membership dues
$0
-
1c · Fundraising events
$0
-
1d · Related organizations
$0
-
1e · Government grants (contributions)
$506,298
-
1f · All other contributions, gifts and grants
$32,369
-
1g · Noncash contributions included above
$0
-
3 · Investment income
total $101,080 · related or exempt $101,080 · unrelated business $0 · excluded $0
-
4 · Income from investment of tax-exempt bond proceeds
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
5 · Royalties
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
6a · Gross rents
real property $144,955 · personal property $0
-
6b · Less rental expenses
real property $0 · personal property $0
-
6c · Rental income or loss
real property $144,955 · personal property $0
-
6d · Net rental income or loss
total $144,955 · related or exempt $144,955 · unrelated business $0 · excluded $0
-
7a · Gross sales of assets other than inventory
securities $0 · other assets $2,500,501
-
7b · Less cost or other basis and sales expenses
securities $0 · other assets $0
-
7c · Gain or loss
securities $0 · other assets $2,500,501
-
7d · Net gain or loss
total $2,500,501 · related or exempt $2,500,501 · unrelated business $0 · excluded $0
-
8a · Fundraising events: contributions included on line 1c
$0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0 · program services $0
-
2 · Grants to domestic individuals
total $0 · program services $0
-
3 · Grants to foreign organizations and individuals
total $0 · program services $0
-
4 · Benefits paid to or for members
total $0 · program services $0
-
5 · Compensation of officers, directors and key employees
total $172,700 · program services $129,525 · management and general $43,175 · fundraising $0
-
6 · Compensation of disqualified persons
total $0 · program services $0 · management and general $0 · fundraising $0
-
7 · Other salaries and wages
total $118,923 · program services $79,128 · management and general $39,795 · fundraising $0
-
8 · Pension plan contributions
total $0 · program services $0 · management and general $0 · fundraising $0
-
9 · Other employee benefits
total $5,862 · program services $0 · management and general $5,862 · fundraising $0
-
10 · Payroll taxes
total $30,242 · program services $21,112 · management and general $9,130 · fundraising $0
-
11b · Fees: legal
total $8,355 · program services $5,833 · management and general $2,522 · fundraising $0
-
11c · Fees: accounting
total $3,840 · program services $2,681 · management and general $1,159 · fundraising $0
-
11g · Fees: other
total $80,000 · program services $80,000 · management and general $0 · fundraising $0
-
13 · Office expenses
total $16,395 · program services $10,365 · management and general $6,030 · fundraising $0
-
14 · Information technology
total $44,762 · program services $31,245 · management and general $13,517 · fundraising $0
-
16 · Occupancy
total $177,699 · program services $173,048 · management and general $4,651 · fundraising $0
-
17 · Travel
total $15,382 · program services $10,738 · management and general $4,644 · fundraising $0
-
20 · Interest
total $52,448 · program services $50,112 · management and general $2,336 · fundraising $0
-
22 · Depreciation, depletion and amortization
total $54,283 · program services $50,490 · management and general $3,793
-
23 · Insurance
total $40,404 · program services $28,206 · management and general $12,198 · fundraising $0
-
24e · All other expenses
total $155,337 · program services $155,337
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $265,902 · end of year $496,666
-
2 · Savings and temporary cash investments
beginning of year $0 · end of year $515,203
-
3 · Pledges and grants receivable
beginning of year $0
-
4 · Accounts receivable
beginning of year $13,835 · end of year $67
-
5 · Loans and receivables from officers and key people
beginning of year $600 · end of year $12,725
-
6 · Loans and receivables from disqualified persons
beginning of year $0
-
7 · Other notes and loans receivable
beginning of year $483,405 · end of year $3,177,865
-
8 · Inventories for sale or use
beginning of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $21,975 · end of year $3,180
-
10a · Land, buildings and equipment: cost or other basis
$1,764,520
-
10b · Land, buildings and equipment: accumulated depreciation
$192,977
-
10c · Land, buildings and equipment, net
beginning of year $2,617,598 · end of year $1,571,543
-
11 · Investments: publicly traded securities
beginning of year $0
-
12 · Investments: other securities
beginning of year $0
-
13 · Investments: program-related
beginning of year $0
-
14 · Intangible assets
beginning of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $272,505 · end of year $307,383
-
18 · Grants payable
beginning of year $0
-
19 · Deferred revenue
beginning of year $540
-
20 · Tax-exempt bond liabilities
beginning of year $0
-
21 · Escrow or custodial account liability
beginning of year $0
-
22 · Loans and payables to officers and key people
beginning of year $0 · end of year $300,000
-
23 · Secured mortgages and notes payable
beginning of year $750,472 · end of year $483,522
-
24 · Unsecured notes and loans payable
beginning of year $0
-
27 · Net assets without donor restrictions
beginning of year $2,379,798 · end of year $4,686,344
-
28 · Net assets with donor restrictions
beginning of year $0 · end of year $0
Mission and programs · 2023
Mission
Provide social services to the community by building and developing as well as purchasing low to moderate rental and residential development properties in Harris County and the surrounding communities to house local residents
Activities or mission (Part I)
Provide social services to the community with low to moderate rental and development properties in Harris county and supporting communities.
-
Maintaining facilities for other not-for-profit organizations to be able to carry out their mission in providing services to the community. Maintaining rental properties for low-income housing residents.
Revenue $2,500,501
-
Maintaining facilities for other not-for-profit organizations to be able to carry out their mission in providing services to the community. Maintaining rental properties for low-income housing residents.
Expenses $701,683 · Revenue $665,135
-
Providing support services to other not for profit organizations to be able to carry out their mission to provide social services to the community and providing support services for rental properties for low-income housing residents.
Expenses $126,137 · Revenue $119,567
As filed on the 2023 return.
Listed in Part VII
-
Leslie Smith II
Executive Director
- Total calculated
- $125,005
- From this org
- $75,005
- From related orgs
- $0
- Other
- $50,000
- Hours/week
- 40
-
Larry Baty
Chief Financial Officer
- Total calculated
- $46,163
- From this org
- $46,163
- From related orgs
- $0
- Other
- $0
- Hours/week
- 12
-
Larry Hawkins
Board Chairman
- Total calculated
- $0
- Hours/week
- 0
-
LaTricia Williams
Board Member
- Total calculated
- $0
- Hours/week
- 0
-
Obediah Lewis
Board Member
- Total calculated
- $0
- Hours/week
- 0
-
Eddie Robinson
Board Member
- Total calculated
- $0
- Hours/week
- 0
-
Kendrick White
Board Member
- Total calculated
- $0
- Hours/week
- 0
-
Raymond Bourgeois
Board Member
- Total calculated
- $0
- Hours/week
- 0
-
Debbie Jones
Board Member
- Total calculated
- $0
- Hours/week
- 0
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
- 11 April 2025
- IRS schema version
- 2023v6.0
- Source object
- 202501369349302010
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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