The Fuller Center For Housing Inc
- Assets
- $2.9m
- Revenue
- $394.0k
- Investments
- $0.0
- Employees
- 3
- Location
- Shreveport, LA
- Founding
- 10/2008
- Data as of
- 06/2021
- EIN
- 20-8226010
Organization Overview
The Fuller Center For Housing Inc is located in Shreveport, LA. The organization was established in 2008. 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. As of 06/2021, Fuller Center For Housing Inc employed 3 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Fuller Center For Housing 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 06/2021, Fuller Center For Housing Inc generated $394.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (13.6%) each year. All expenses for the organization totaled $434.9k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (8.0%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE DECENT, AFFORDABLE HOUSING FOR FAMILIES LIVING IN PROVERTY IN NORTHWEST LOUISIANA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOME CONSTRUCTION & REHABILITATION: REHABILITATION OF SUBSTANDARD HOMES IN NORTHWEST LOUISIANA, CONSISTING OF REPAIRS, FRESH PAINT AND REPLACEMENT OF WINDOWS, ROTTON WOODS AND APPLIANCES. CONSTRUCTION OF NEW HOUSING FOR LOW-INCOME FAMILIES. THIS PROGRAM ENCOMPASSES BUILDING NEW AFFORDABLE HOMES FOR LOW-INCOME FAMILIES AND INDIVIDUALS. VOLUNTEERS AND PROSPECTIVE HOME OWNERS PARTICIPATE IN THE CONSTRUCTION. ONCE A HOME IS COMPLETED, THE OWNER SIGNS A PROMISSORY NON-INTEREST, 20-YEAR MORTGAGE, PAYALBE TO FULLER CENTER FOR HOUSING OF NORTHWEST LOUISIANA, INC.
FULLER GROCERY STORE: COSTS OF OPERATIONS OF A GROCERY STORE TO SUPPORT THE PRIMARY MISSION OF BUILDING AND RENOVATING HOMES FOR LOW-INCOME CLIENTS. THE STORE WAS LOCATED IN A TARGETED COMMUNITY WHERE THE MISSION OF THE ORGANIZATION IS ONGOING.
SURPLUS STORE: CONSISTS OF EXCESS MATERIALS AND OTHER MATERIALS DONATED TO THE CENTER TO BE USED AND SOLD TO THE GENERAL PUBLIC, TO SUPPORT THE PRIMARY MISSION OF BUILDING AND RENOVATING HOMES FOR LOW-INCOME CLIENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lee A Jeter Sr Executive Director | Officer | 40 | $61,481 |
Katie Weir Co-Chair | Trustee | 0.5 | $0 |
William Bell Board Member | Trustee | 0.5 | $0 |
Jerry Paige Board Member | Trustee | 0.5 | $0 |
Herschel Richard Board Member | Trustee | 0.5 | $0 |
Hayden Wallace Board Member | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $236,867 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $236,867 |
| Total Program Service Revenue | $114,162 |
| Investment income | $52,632 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$50,170 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $393,985 |
| 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. | $61,481 |
| Compensation of current officers, directors, key employees. | $30,741 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $90,569 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $24,190 |
| Advertising and promotion | $2,871 |
| Office expenses | $7,022 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $3,245 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $69,822 |
| Insurance | $36,928 |
| All other expenses | $7,319 |
| Total functional expenses | $434,894 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $338,789 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,752 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,359,344 |
| Inventories for sale or use | $461,648 |
| Prepaid expenses and deferred charges | $23,892 |
| Net Land, buildings, and equipment | $668,855 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,856,280 |
| Accounts payable and accrued expenses | $38,117 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $76,571 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $114,688 |
| Net assets without donor restrictions | $2,735,625 |
| Net assets with donor restrictions | $5,967 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $2,856,280 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Fuller Center For Housing Inc has recieved totaling $25,731.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of North Louisiana Shreveport, LA PURPOSE: FOR GENERAL SUPPORT; GIVE FOR GOOD | $25,731 |
Endowment Analysis
| Beg. Balance | $10,157 |
| Earnings | $2,792 |
| Admin Expense | $52 |
| Net Contributions | $407 |
| Grants | $407 |
| Ending Balance | $12,897 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Texas Health Presbyterian Hospital Kaufman Kaufman, TX | $17,114,303 | $46,511,695 |
Crossroads Housing Development Corporation Big Spring, TX | $1,430,723 | $31,698,100 |
Foundation Communities Inc Austin, TX | $201,792,213 | $44,085,347 |
Austin Affordable Housing Corporation Austin, TX | $189,492,836 | $40,972,198 |
Foundation Communities Austin, TX | $78,215,940 | $25,689,954 |
Tcc Hill Country Development Corporation Austin, TX | $11,234,408 | $22,073,361 |
Provident Commonwealth Education Resources Baton Rouge, LA | $142,254,594 | $7,390,935 |
Provident Commonwealth Education Resources Ii Baton Rouge, LA | $154,926,817 | $6,407,611 |
Houston Habitat For Humanity Inc Houston, TX | $36,979,256 | $11,315,347 |
Avenue Community Development Coporation Houston, TX | $81,189,118 | $11,542,239 |
Habitat For Humanity International Inc Fort Worth, TX | $28,701,953 | $17,323,879 |
Habitat For Humanity Of San Antonio Inc San Antonio, TX | $33,828,773 | $14,274,594 |