Temenos Community Development Corpo Ration
- Assets
- $5.6m
- Revenue
- -$300.0k
- Investments
- $0.0
- Employees
- 42
- Location
- Houston, TX
- Founding
- 07/2006
- Data as of
- 12/2021
- EIN
- 20-4594987
Organization Overview
Temenos Community Development Corpo Ration is located in Houston, TX. The organization was established in 2006. According to its NTEE Classification (L40) the organization is classified as: Temporary Housing, under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, Temenos Community Development Corpo Ration employed 42 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Temenos Community Development Corpo Ration is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TEMENOS COMMUNITY DEVELOPMENT CORPORATION'S MISSION IS TO PROVIDE AFFORDABLE HOUSING OPPORTUNITIES, SUPPORTIVE SERVICES, AND EMPLOYMENT RESOURCES TO LOW- TO EXTREMELY LOW-INCOME PERSONS ON THEIR JOURNEY TO SELF-SUFFICIENCY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE PERMANENT HOUSING FOR LOW INCOME AND HOMELESS INDIVIDUALS, PROVIDE SOCIAL SERVICE RESOURCES FOR THE SAME INDIVIDUALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eva Thibaudeau-Graczyk CEO | Officer | 40 | $110,568 |
Marcus Thomas Board Chair | Trustee | 1 | $0 |
Roger Curtis Member | Trustee | 1 | $0 |
Melvin Gray Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,473,746 |
| All other contributions, gifts, grants, and similar amounts not included above | $289,283 |
| Noncash contributions included in lines 1a–1f | $289,283 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,763,029 |
| Total Program Service Revenue | $587,211 |
| Investment income | $6,977 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$2,681,553 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | -$300,037 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $110,568 |
| Compensation of current officers, directors, key employees. | $19,373 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $825,275 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $67,914 |
| Payroll taxes | $92,383 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $15,794 |
| Fees for services: Accounting | $191,992 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $7,470 |
| Advertising and promotion | $0 |
| Office expenses | $13,170 |
| Information technology | $50,106 |
| Royalties | $0 |
| Occupancy | $1,027,759 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $4,098 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $143,732 |
| Insurance | $108,645 |
| All other expenses | $0 |
| Total functional expenses | $2,658,906 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,874,423 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $84,708 |
| Accounts receivable, net | $25,453 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $735,400 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,925 |
| Net Land, buildings, and equipment | $2,883,448 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,605,357 |
| Accounts payable and accrued expenses | $170,302 |
| Grants payable | $0 |
| Deferred revenue | $1,929,112 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $4,907 |
| Total liabilities | $2,104,321 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $3,501,036 |
| Total liabilities and net assets/fund balances | $5,605,357 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Temenos Community Development Corpo Ration has recieved totaling $666,666.
| Awarding Organization | Amount |
|---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $333,333 |
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $333,333 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Facilities Inc Hammond, LA | $142,004,479 | $18,110,312 |
The Macguire Center El Paso, TX | $178,858 | $665,370 |
Projecthandup Grapevine, TX | $51,069,660 | $5,731,956 |
Boles Childrens Home Inc Quinlan, TX | $12,043,794 | $1,742,939 |
Temenos Community Development Corpo Ration Houston, TX | $5,605,357 | -$300,037 |
Empower 225 Baton Rouge, LA | $1,080,614 | $2,677,785 |
Reynolds House Non-Profit Corporation El Paso, TX | $703,756 | $1,361,764 |
Reflection Ministries Of Texas Inc Midland, TX | $2,559,712 | $2,275,639 |
Covenant Recovery Inc Pine Bluff, AR | $956,380 | $1,711,087 |
New Orleans Women & Childrens Shelter Inc New Orleans, LA | $1,027,149 | $1,948,703 |
Inter-Cooperative Council At University Of Texas Inc Austin, TX | $6,304,599 | $1,430,552 |
Safer Path Family Violence Shelter Inc Pleasanton, TX | $927,958 | $1,402,239 |