Hmo America Inc
- Assets
- $1.2m
- Revenue
- $1.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Miami, FL
- Founding
- 11/2015
- Data as of
- 12/2022
- EIN
- 35-2510355
Organization Overview
Hmo America Inc is located in Miami, FL. The organization was established in 2015. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hmo America 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 12/2022, Hmo America Inc generated $1.6k 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 (59.9%) each year. All expenses for the organization totaled $72.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING SUPPORT, MENTORING AND GUIDANCE REGARDING THE BASIC HEALTH CARE NEEDS OF LATIN AMERICAN COMMUNITIES VIA CELLPHONE PLATFORM/APPLICATION. THIS IS PROVIDED FREE TO THE PUBLIC AS A CHARITABLE PROGRAM TO MEET THE NEEDS OF CHARITIES THAT HAVE LIMITED OR NO ACCESS TO MENTORS OR PROFESSIONAL MEDICAL CARE PROVIDERS
HOUSING TO LOW INCOME PERSONS IN LATIN AMERICA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Khoury President | 0 | $0 | |
Claudette Zarzour Treasurer | 0 | $0 | |
Betty Hicks Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $46,818 |
| Interest on Savings | $1,692 |
| Dividends & Interest | $13,760 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$60,657 |
| Capital Gain Net Income | $65 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,613 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $186 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $636 |
| Contributions, gifts, grants paid | $71,550 |
| Total expenses and disbursements | $72,186 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $21,379 |
| Savings and temporary cash investments | $1,210,152 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,231,531 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Hmo America Inc has awarded $117,660 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
ASSOCIATION DE LAS BIENAVENTURANZAS PURPOSE: TRAINING AND DISABLED KIDS | $110,660 |
MIRACLE LAKE HOUSE PURPOSE: TRAINING AND DISABLED KIDS | $3,000 |
JC EVANGALISTIC MINISTRIES PURPOSE: TRAINING AND DISABLED KIDS | $4,000 |