Home Development Resources Inc
- Assets
- $50.8k
- Revenue
- $106.8k
- Investments
- $0.0
- Employees
- 1
- Location
- Jefferson, GA
- Founding
- 11/1996
- Data as of
- 06/2021
- EIN
- 58-2201869
Organization Overview
Home Development Resources Inc is located in Jefferson, GA. The organization was established in 1996. According to its NTEE Classification (L80) the organization is classified as: Housing 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. Home Development Resources 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 Development Resources Inc generated $106.8k 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 (11.0%) each year. All expenses for the organization totaled $85.9k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (8.7%) per year over the past 7 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
HOMEBUYER EDUCATION AND ASSISTANCE
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOMEBUYER EDUCATION, DOWN PAYMENT ASSISTANCE, AND REFERRALS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephanie Stapler Treasurer | OfficerTrustee | 0 | $0 |
Gina Roy Chair | OfficerTrustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $106,496 |
| Investment income | $310 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $106,806 |
| Statement of Expenses | |
|---|---|
| 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. | $67,350 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $5,765 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $36 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $815 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,602 |
| All other expenses | $0 |
| Total functional expenses | $85,868 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $36,662 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,000 |
| Accounts receivable, net | $13,017 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $50,824 |
| Accounts payable and accrued expenses | $278 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $278 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $50,546 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Southeastern Housing And Community Development Barnwell, SC | $15,553,642 | $5,568,906 |
Habitat For Humanity International Inc Vero Beach, FL | $18,200,555 | $5,583,419 |
Distinctive Housing Solutions Inc Brunswick, GA | $6,407,391 | $5,577,789 |
Student Housing Of America Inc Atlanta, GA | $18,887,768 | $4,459,972 |
Barnabas Center Incorporated Fernandina Beach, FL | $4,852,073 | $5,681,284 |
Habitat For Humanity International Inc Franklin, TN | $15,154,488 | $5,571,320 |
Safety Shelter Of St Johns County Inc St Augustine, FL | $5,028,169 | $4,409,853 |
Habitat For Humanity International Inc Delray Beach, FL | $9,929,899 | $4,411,611 |
Invest In Americas Veterans Foundation Louisiana Inc Jacksonville Beach, FL | $64,144,983 | $3,808,573 |
Fairview Housing Management Johnson City, TN | $5,768,830 | $3,674,479 |
Habitat For Humanity International Inc Crystal River, FL | $9,902,038 | $4,338,444 |
Stones River Development Corporation Murfreesboro, TN | $15,999,619 | $139,146 |