Hba Cares Inc is located in Colorado Springs, CO. The organization was established in 2008. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hba Cares 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 12/2023, Hba Cares Inc generated $169.5k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 23.6% each year . All expenses for the organization totaled $171.0k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
HBA CARES PARTNERS WITH OTHER NONPROFITS, ENGAGING INDUSTRY RESOURCES TO SUPPORT TRANSITIONAL AND ACCESSIBLE HOUSING AND OTHER COMMUNITY PROJECTS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jill Lais President | 1.86 | $0 | |
Heather Hoppe Vp/marketing Chair | 1.86 | $0 | |
Crystal Corbat Treasurer | 1.86 | $0 | |
Bruce Schaefer Secretary | 1.86 | $0 | |
Staci Combes Director (thru 9/23) | 1.86 | $0 | |
Mike Degrant Director | 1.86 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $176,489 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $640 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$7,641 |
| Other Revenue | $0 |
| Total Revenue | $169,488 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $41,729 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $117,637 |
| Total expenses | $170,966 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $275,581 |
| Other assets | $0 |
| Total assets | $276,314 |
| Total liabilities | $92,860 |
| Net assets or fund balances | $183,454 |