Form 990 for tax year 2023
Filed by COMMUNITY LOAN CENTER OF GREATER HOUSTON.
Totals
- Total revenue
- $183,746
- Total expenses
- $147,748
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $183,293
- Investment income
- $453
- Other revenue
- $0
- Total assets, end of year
- $952,496
- Total liabilities, end of year
- $562,500
- Net assets or fund balances, end of year
- $389,996
- Program services expenses (Part IX)
- $147,723
- Management and general expenses
- $25
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $147,748
Program services were 100.0% 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.
-
2a · Program service revenue: LOANS TO INDIVIDUAL
total $183,293 · related or exempt $183,293
-
3 · Investment income
total $453 · related or exempt $453
-
8c · Net income from fundraising events
total $0
Functional expenses
Part IX, the statement of functional expenses.
-
11a · Fees: management
total $44,540 · program services $44,540
-
20 · Interest
total $9,490 · program services $9,490
-
24a · Other expenses: BAD DEBT
total $93,693 · program services $93,693
-
24b · Other expenses: BANK CHARGES
total $25 · management and general $25
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $76,068 · end of year $73,491
-
2 · Savings and temporary cash investments
beginning of year $46,147 · end of year $11,500
-
3 · Pledges and grants receivable
beginning of year $10,000 · end of year $10,000
-
4 · Accounts receivable
beginning of year $734,283 · end of year $857,505
-
24 · Unsecured notes and loans payable
beginning of year $512,500 · end of year $562,500
-
27 · Net assets without donor restrictions
beginning of year $353,998 · end of year $389,996
Mission and programs · 2023
Mission
SMALL, LOW INTEREST LOANS
Activities or mission (Part I)
PROVIDE SMALL DOLLAR LOANS TO TO INDIVIDUALS WHO HAVE TROUBLE ACCESSING CREDIT
-
SMALL DOLLAR LOW INTEREST LOANS TO LOW WAGE EMPLOYEES IN THE GREATER
Expenses $147,748 · Revenue $183,293
As filed on the 2023 return.
Listed in Part VII
-
T Deon WarnerT DEON WARNER
PRESIDENT
- Total calculated
- $0
- Hours/week
- 4
-
Drew MastersonDREW MASTERSON
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Sharon OwensSHARON OWENS
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Paul CharlesPAUL CHARLES
EXEC. DIRECTOR
- Total calculated
- $132,000
- From this org
- $0
- From related orgs
- $132,000
- Other
- $0
- Hours/week
- 5
-
C C LeeC C LEE
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Michael TrejoMICHAEL TREJO
BOARD MEMBER
- 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
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.
-
501 C 3 · RENTAL · TX
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 20 February 2024
- IRS schema version
- 2023v5.0
- Source object
- 202430949349300818
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