Harlingen Affordable Housing Corporation
- Assets
- $446.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Harlingen, TX
- Founding
- 09/2007
- Data as of
- 03/2022
- EIN
- 20-3767187
Organization Overview
Harlingen Affordable Housing Corporation is located in Harlingen, TX. The organization was established in 2007. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Harlingen Affordable Housing Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 03/2022, Harlingen Affordable Housing Corporation generated $103.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $94.4k during the year ending 03/2022. While expenses have increased by 11.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
INCOME AND DONATIONS ARE USED TO SUPPORT LOW INCOME HOUSING AND SCHOLARSHIPS FOR DISADVANGAGED YOUTH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Maria Ines Borjas Director | 1 | $0 | |
Carlos Muniz Vice President | 1 | $0 | |
Carlos Perez President | 1 | $0 | |
Vanessa Serna Director | 1 | $0 | |
Julio Cavazos Director | 1 | $0 | |
Hilda Benavides Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $103,400 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $103,400 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $4,500 |
| Salaries, other compensation, and employee benefits | $29,520 |
| Professional fees and other payments to independent contractors | $1,977 |
| Occupancy, rent, utilities, and maintenance | $33,181 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $25,234 |
| Total expenses | $94,412 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $176,852 |
| Other assets | $0 |
| Total assets | $446,479 |
| Total liabilities | $94,255 |
| Net assets or fund balances | $352,224 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mccalls Community Homes Inc Ada, OK | $3,788,949 | $9,810,630 |
Texas State Affordable Housing Corporation Austin, TX | $253,139,285 | $134,173,909 |
Affordable Homes Of South Texas Inc McAllen, TX | $103,488,334 | $9,163,673 |
Granada Trade Council Housing Inc San Antonio, TX | $11,446,579 | $24,162,688 |
Volunteers Of Victoria Inc Victoria, TX | $9,297,614 | $6,853,984 |
Housing Channel Fort Worth, TX | $32,383,892 | $9,693,954 |
Crossroads Lousiana Inc New Orleans, LA | $7,147,653 | $6,355,494 |
Brownsville Housing Opportunity Corporation Brownsville, TX | $40,656,817 | $6,326,145 |
New Orleans Area Habitat For Humanity Inc New Orleans, LA | $31,307,957 | $6,711,459 |
American Heritage Apartments Inc Texarkana, TX | $48,564,137 | $4,069,211 |
Hope Housing Foundation Mckinney, TX | $20,178,282 | $2,782,264 |
Texas Inter-Faith Housing Corporati On Houston, TX | $27,323,861 | $15,259,186 |