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Nonprofiteer
← METRO PORTLAND HOUSING INDUSTRY FOUNDATION

Form 990 for tax year 2022

Filed by METRO PORTLAND HOUSING INDUSTRY FOUNDATION.

Totals

Total revenue
$428,283
Total expenses
$481,508
Contributions and grants received
$223,302
Grants paid
$12,000
Program service revenue
$0
Investment income
$31,260
Other revenue
$173,721
Total assets, end of year
$1,271,254
Total liabilities, end of year
$63,803
Net assets or fund balances, end of year
$1,207,451
Program services expenses (Part IX)
$384,460
Management and general expenses
$97,048
Fundraising expenses
$0
Program service expenses (Part III)
$384,460

Program services were 79.8% 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.

  • 1c · Fundraising events

    $110,575

  • 1f · All other contributions, gifts and grants

    $112,727

  • 1g · Noncash contributions included above

    $89,732

  • 3 · Investment income

    total $19,300 · excluded $19,300

  • 7a · Gross sales of assets other than inventory

    securities $44,064

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

    securities $32,104

  • 7c · Gain or loss

    securities $11,960

  • 7d · Net gain or loss

    total $11,960 · excluded $11,960

  • 8a · Fundraising events: gross income

    $407,806

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

    $110,575

  • 8b · Fundraising events: direct expenses

    $320,486

  • 8c · Net income from fundraising events

    total $87,320 · excluded $87,320

  • 11a · Other revenue: GRANTS

    total $86,401 · related or exempt $86,401

  • 11e · Other revenue, total

    $86,401

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $12,000 · program services $12,000

  • 7 · Other salaries and wages

    total $165,095 · program services $111,710 · management and general $53,385

  • 8 · Pension plan contributions

    total $7,398 · program services $2,609 · management and general $4,789

  • 9 · Other employee benefits

    total $14,149 · program services $9,013 · management and general $5,136

  • 10 · Payroll taxes

    total $16,575 · program services $11,212 · management and general $5,363

  • 11f · Fees: investment management

    total $13,973 · management and general $13,973

  • 12 · Advertising and promotion

    total $1,129 · management and general $1,129

  • 13 · Office expenses

    total $48 · management and general $48

  • 17 · Travel

    total $10,099 · program services $5,459 · management and general $4,640

  • 23 · Insurance

    total $1,050 · program services $171 · management and general $879

  • 24a · Other expenses: IN KIND CONSTR MATERIALS

    total $89,732 · program services $89,732

  • 24b · Other expenses: OUTSIDE LABOR

    total $59,835 · program services $59,835

  • 24c · Other expenses: BUILDING MATERIALS

    total $30,402 · program services $30,402

  • 24d · Other expenses: APPLIANCES

    total $17,645 · program services $17,645

  • 24e · All other expenses

    total $42,378 · program services $34,672 · management and general $7,706

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $214,998 · end of year $198,418

  • 4 · Accounts receivable

    end of year $77,821

  • 9 · Prepaid expenses and deferred charges

    beginning of year $1,500

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

    $7,502

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

    $7,156

  • 10c · Land, buildings and equipment, net

    beginning of year $148 · end of year $346

  • 11 · Investments: publicly traded securities

    beginning of year $1,095,539 · end of year $994,669

  • 15 · Other assets

    beginning of year $97,869

  • 17 · Accounts payable and accrued expenses

    beginning of year $88,242 · end of year $63,803

  • 27 · Net assets without donor restrictions

    beginning of year $676,129 · end of year $672,379

  • 28 · Net assets with donor restrictions

    beginning of year $645,683 · end of year $535,072

Mission and programs · 2022

Mission

THE HOME BUILDERS FOUNDATION BUILDS SHELTERS AND TRANSITIONAL HOUSING FOR THOSE IN OUR COMMUNITY EXPERIENCING HOMELESSNESS, AND OFFERS COLLEGE SCHOLARSHIPS TO THOSE INTERESTED IN PURSUING A CAREER IN THE HOME BUILDING INDUSTRY.

  • SHELTER DEVELOPMENT: TO BUILD SHELTERS AND TRANSITIONAL HOUSING FOR THE HOMELESS AND TO SUPPORT STUDENTS INTERESTED IN PURSUING A CAREER IN THE HOME BUILDING INDUSTRY. HOME AID: PARTNERS BUILDERS AND TRADE PARTNERS WITH SOCIAL SERVICE AGENCIES TO BUILD OR RENOVATE QUALITY HOUSING FOR HOMELESS MEN, WOMEN AND CHILDREN IN THE PORTLAND METRO REGION. IN KIND LABOR DONATIONS DURING 2022: HOMEPLATE 200,318 GOOD NEIGHBOR 107,015 VETERANS VILLAGE 82,201 MODS PROTO 15,386

    Expenses $306,251

  • SCHOLARSHIP: BY AWARDING SCHOLARSHIPS FOR LOCAL HIGH SCHOOL STUDENTS THE FOUNDATION STRIVES TO ENCOURAGE YOUNG PEOPLE TO CONSIDER A CAREER IN THE HOMEBUILDING INDUSTRY.

    Expenses $26,011 · Grants $12,000

  • WORKFORCE: OUR GOAL IS TO DEVELOP A CRITICALLY NEEDED FUTURE WORKFORCE FOR THE RESIDENTIAL BUILDING INDUSTRY BY GETTING TO PEOPLE TO WORK IN LIVING WAGE JOBS NOW, PLANNING FOR THE FUTURE BY INVESTING IN THE YOUTH IN OUR COMMUNITY, AND ADVANCING EQUITY AND DIVERSITY IN THE CONSTRUCTION INDUSTRY. IN KIND DONATIONS DURING 2022: LABOR 7,140

    Expenses $52,198

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Brenda Ketah

    EXECUTIVE DI

    Total calculated
    $95,437
    From this org
    $85,569
    From related orgs
    $0
    Other
    $9,868
    Hours/week
    40
  • See Attached

    BOARD MEMBER

    Total calculated
    $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.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
15 November 2023
IRS schema version
2022v5.0
Source object
202333189349316528

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