Form 990 for tax year 2022
Filed by HOME OPPORTUNITIES MADE EASY INC.
Totals
- Total revenue
- $2,056,006
- Total expenses
- $2,128,006
- Contributions and grants received
- $1,358,458
- Grants paid
- $238,296
- Program service revenue
- $691,655
- Investment income
- $2,293
- Other revenue
- $3,600
- Total assets, end of year
- $3,610,490
- Total liabilities, end of year
- $2,809,175
- Net assets or fund balances, end of year
- $801,315
- Program services expenses (Part IX)
- $1,848,529
- Management and general expenses
- $265,152
- Fundraising expenses
- $14,325
- Program service expenses (Part III)
- $1,848,529
Program services were 86.9% 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
$8,722
-
1c · Fundraising events
$93,748
-
1e · Government grants (contributions)
$568,685
-
1f · All other contributions, gifts and grants
$687,303
-
1g · Noncash contributions included above
$279,383
-
2a · Program service revenue: HOME OWNERSHIP REVENUE
total $477,982 · related or exempt $477,982
-
2b · Program service revenue: SUBSIDIZED RENTAL INCO
total $72,885 · related or exempt $72,885
-
2c · Program service revenue: DEVELOPMENT FEES
total $67,041 · related or exempt $67,041
-
2d · Program service revenue: GENERAL CONTRACTING FE
total $62,101 · related or exempt $62,101
-
2e · Program service revenue: MORTGAGE INTEREST INCO
total $5,996 · related or exempt $5,996
-
2f · All other program service revenue
total $5,650 · related or exempt $5,650
-
3 · Investment income
total $2,293 · excluded $2,293
-
8a · Fundraising events: gross income
$0
-
8a · Fundraising events: contributions included on line 1c
$93,748
-
8b · Fundraising events: direct expenses
$3,646
-
8c · Net income from fundraising events
total -$3,646 · excluded -$3,646
-
11a · Other revenue: MISCELLANEOUS
total $7,246 · related or exempt $7,246
-
11e · Other revenue, total
$7,246
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $47,354 · program services $47,354
-
2 · Grants to domestic individuals
total $190,942 · program services $190,942
-
5 · Compensation of officers, directors and key employees
total $220,356 · program services $107,090 · management and general $104,747 · fundraising $8,519
-
7 · Other salaries and wages
total $436,085 · program services $356,939 · management and general $78,527 · fundraising $619
-
9 · Other employee benefits
total $72,882 · program services $68,023 · management and general $4,788 · fundraising $71
-
10 · Payroll taxes
total $69,670 · program services $48,077 · management and general $20,757 · fundraising $836
-
11b · Fees: legal
total $148 · program services $126 · management and general $22
-
11c · Fees: accounting
total $60,196 · program services $54,176 · management and general $6,020
-
11g · Fees: other
total $29,346 · program services $24,303 · management and general $5,043
-
12 · Advertising and promotion
total $8,540 · program services $5,591 · management and general $2,799 · fundraising $150
-
13 · Office expenses
total $22,002 · program services $18,066 · management and general $3,630 · fundraising $306
-
14 · Information technology
total $39,429 · program services $31,273 · management and general $4,523 · fundraising $3,633
-
16 · Occupancy
total $19,878 · program services $17,213 · management and general $2,665
-
17 · Travel
total $7,919 · program services $5,986 · management and general $1,933
-
19 · Conferences, conventions and meetings
total $1,287 · program services $1,142 · management and general $145
-
20 · Interest
total $16,969 · program services $3,689 · management and general $13,280
-
22 · Depreciation, depletion and amortization
total $83,425 · program services $74,258 · management and general $9,167
-
23 · Insurance
total $33,781 · program services $30,666 · management and general $3,115
-
24a · Other expenses: CONSTRUCTION AND REMODE
total $706,018 · program services $706,018
-
24b · Other expenses: PROPERTY REPAIRS
total $40,552 · program services $40,552
-
24c · Other expenses: MISCELLANEOUS
total $17,330 · program services $13,148 · management and general $3,991 · fundraising $191
-
24d · Other expenses: PROPERTY TAXES
total $3,037 · program services $3,037
-
24e · All other expenses
total $860 · program services $860
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $421,575 · end of year $431,328
-
3 · Pledges and grants receivable
beginning of year $155,174 · end of year $98,129
-
4 · Accounts receivable
beginning of year $46,071 · end of year $56,124
-
7 · Other notes and loans receivable
beginning of year $296,016 · end of year $258,979
-
9 · Prepaid expenses and deferred charges
beginning of year $3,479 · end of year $4,734
-
10a · Land, buildings and equipment: cost or other basis
$2,592,349
-
10b · Land, buildings and equipment: accumulated depreciation
$438,759
-
10c · Land, buildings and equipment, net
beginning of year $1,918,787 · end of year $2,153,590
-
15 · Other assets
beginning of year $553,837 · end of year $607,606
-
17 · Accounts payable and accrued expenses
beginning of year $109,231 · end of year $127,973
-
19 · Deferred revenue
beginning of year $115,945 · end of year $114,149
-
21 · Escrow or custodial account liability
beginning of year $3,388 · end of year $7,969
-
23 · Secured mortgages and notes payable
beginning of year $2,293,060 · end of year $2,518,981
-
25 · Other liabilities
beginning of year $0 · end of year $40,103
-
27 · Net assets without donor restrictions
beginning of year $848,315 · end of year $751,315
-
28 · Net assets with donor restrictions
beginning of year $25,000 · end of year $50,000
Mission and programs · 2022
Mission
TO MEET INDIVIDUALS AND FAMILIES WHERE THEY ARE IN THEIR HOUSING JOURNEY. WE SURROUND OUR CLIENTS WITH COMPASSION, SUPPORT, AND EDUCATION SO THEY FEEL EMPOWERED TO MAKE A SAFE, STABLE HOME FOR THEMSELVES OR THEIR FAMILY.
-
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 $1,180,622 · Grants $97,325 · Revenue $693,251
-
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 $481,801 · Grants $77,955 · Revenue $5,650
-
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 $186,106 · Grants $63,017
As filed on the 2022 return.
Listed in Part VII
-
ANTHONY MONTGOMERY
EXECUTIVE DIRECTOR (END MAR 2023)
- Total calculated
- $135,369
- From this org
- $125,673
- From related orgs
- $0
- Other
- $9,696
- Hours/week
- 40
-
KOURTNEY KIRKPATRICK
INTERIM EXECUTIVE DIRECTOR (BEG APRIL 2023)
- Total calculated
- $74,314
- From this org
- $64,532
- From related orgs
- $0
- Other
- $9,782
- Hours/week
- 40
-
KRIS SADDORIS
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
RYAN ARNOLD
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
AMELIA KLATT
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
JOSE GARCIA
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
CHRISTINE HENSLEY
TREASURER (END DEC 2022)
- Total calculated
- $0
- Hours/week
- 1
-
KATHY KAHOUN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
DERMA RIVERA-AQUIRRE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
ANDREW CEDERDAHL
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
-
DORA SEDENO
DIRECTOR (BEG JAN 2023)
- Total calculated
- $0
- Hours/week
- 1
-
DAVE HELLSTERN
DIRECTOR (BEG JAN 2023)
- Total calculated
- $0
- Hours/week
- 1
-
CANDICE REVITA-RAMIREZ
DIRECTOR (BEG JAN 2023)
- Total calculated
- $0
- Hours/week
- 1
-
ERIC FLEHARTY
DIRECTOR (BEG JAN 2023)
- Total calculated
- $0
- Hours/week
- 1
-
XAN MCNELLY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
MICHAEL HILDEBRAND
DIRECTOR (END DEC 2022)
- Total calculated
- $0
- Hours/week
- 1
-
PAUL KOESTER
DIRECTOR (END DEC 2022)
- Total calculated
- $0
- Hours/week
- 1
-
BRENT SCHIPPER
DIRECTOR (END DEC 2022)
- Total calculated
- $0
- Hours/week
- 1
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
-
$29,649
TO PROVIDE HOUSING RELOCATION AND STABILIZATIN SERVICES.
-
$17,705
TO PROVIDE HOUSING RELOCATION AND STABILIZATION SERVICES.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 15 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202411369349313866
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