Home Ownership For Personal Empowerment Inc

Organization Overview

Home Ownership For Personal Empowerment Inc is located in Torrance, CA. The organization was established in 1995. According to its NTEE Classification (P82) the organization is classified as: Developmentally Disabled Centers, under the broad grouping of Human Services and related organizations. As of 06/2021, Home Ownership For Personal Empowerment Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Home Ownership For Personal Empowerment 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, Home Ownership For Personal Empowerment Inc generated $5.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.4% each year. All expenses for the organization totaled $5.1m during the year ending 06/2021. While expenses have increased by 5.9% per year over the past 6 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

HOME OWNERSHIP FOR PERSONAL EMPOWERMENT, INC. WAS ORGANIZED TO CREATE STABLE, AFFORDABLE HOUSING OPTIONS FOR PEOPLE WITH DEVELOPMENTAL DISABILITIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO CREATE STABLE, AFFORDABLE HOUSING OPTIONS FOR PEOPLE WITH DEVELOPMENTAL DISABILITIES. THE ORGANIZATION CURRENTLY OPERATES MULTIPLE HOUSING UNITS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Kenneth K Yablonsky
Construction
$169,003
Alice M Vincent
Accounting
$145,320
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$160,872
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$872,665
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,033,537
Total Program Service Revenue$4,742,119
Investment income $39,804
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $34,600
Net Income from Fundraising Events -$59,199
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $5,790,861

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Home Ownership For Personal Empowerment Inc has recieved totaling $59,322.

Awarding OrganizationAmount
Local Initiatives Support Corporation

New York, NY

PURPOSE: SEE PART IV

$29,000
Kaiser Foundation Hospitals

Oakland, CA

PURPOSE: 2021 Housing Services Program

$20,000
Schwab Charitable Fund

San Francisco, CA

PURPOSE: HUMAN SERVICES

$10,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$322
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$70,699
Ending Balance$70,699

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