Delaware Housing Opportunity Fund Inc is located in Wilmington, DE. The organization was established in 2007. According to its NTEE Classification (L82) the organization is classified as: Housing Expense Reduction Support, 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. Delaware Housing Opportunity Fund Inc 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 12/2021, Delaware Housing Opportunity Fund Inc generated $3.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (31.7%) each year. All expenses for the organization totaled $4.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (28.7%) per year over the past 7 years. 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
2021
Describe the Organization's Program Activity:
Part 3
GRANTS DIRECTLY RELATED TO EXEMPT PURPOSE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dawn Momont Director | 1 | $0 | |
Kimberly Davis Director | 1 | $0 | |
Marilyn Green Director | 1 | $0 | |
Scott Farnan President | 1 | $0 | |
Bert Green Director | 1 | $0 | |
William Smith Secretary/treasurer | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $3,500 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $3,500 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $911 |
Professional fees and other payments to independent contractors | $1,550 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $1,868 |
Total expenses | $4,329 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $30,416 |
Other assets | $0 |
Total assets | $30,416 |
Total liabilities | $0 |
Net assets or fund balances | $30,416 |
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