Housing And Neighborhood Development Services Of Central
- Assets
- $22.5m
- Revenue
- $6.8m
- Investments
- $0.0
- Employees
- 6
- Location
- Orlando, FL
- Founding
- 11/1998
- Data as of
- 09/2021
- EIN
- 59-2951883
Organization Overview
Housing And Neighborhood Development Services Of Central, operating under the name Hands Of Central Fl Inc, is located in Orlando, FL. The organization was established in 1998. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, under the broad grouping of Housing & Shelter and related organizations. As of 09/2021, Hands Of Central FL Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hands Of Central FL 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 09/2021, Hands Of Central FL Inc generated $6.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $4.8m during the year ending 09/2021. While expenses have increased by 0.6% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
HANDS WAS FOUNDED TO ASSIST CENTRAL FLORIDA COMMUNITIES TO INCREASE THE SUPPLY AND AVAILABILITY TO AFFORDABLE HOUSING, BOTH RENTAL AND OWNERSHIP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDES BELOW MARKET RENTAL UNITS TO LOW AND VERY LOW INCOME FAMILIES.
THE ORGANIZATION OPERATES A RESOURCE CENTER THAT PROVIDES INFORMATION, REFERRALS AND HOMEBUYERS COUNSELING.
THE ORGANIZATION PROVIDES BELOW MARKET RENTAL UNITS TO LOW AND VERY LOW INCOME FAMILIES.
THE ORGANIZATION OPERATES A RESOURCE CENTER THAT PROVIDES INFORMATION, REFERRALS AND HOMEBUYERS COUNSELING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jill Mcreynolds Executive Di | Officer | 40 | $153,369 |
Howard Harrison Director | Trustee | 1 | $0 |
Gregg Lehrer Ex-Officio M | Trustee | 1 | $0 |
Armando Tautiva President | Trustee | 1 | $0 |
Keon Madison Director | Trustee | 1 | $0 |
Ron Rawson Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $118,132 |
| All other contributions, gifts, grants, and similar amounts not included above | $321,221 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $439,353 |
| Total Program Service Revenue | $5,847,709 |
| Investment income | $55,826 |
| 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 | $6,815,149 |
| 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. | $153,369 |
| Compensation of current officers, directors, key employees. | $824 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $735,311 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $5,690 |
| Payroll taxes | $72,062 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $24,281 |
| Fees for services: Accounting | $103,629 |
| 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 | $375,655 |
| 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 | $590,076 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $888,275 |
| Insurance | $558,249 |
| All other expenses | $80,641 |
| Total functional expenses | $4,803,707 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,020,501 |
| Savings and temporary cash investments | $36,922 |
| Pledges and grants receivable | $88,418 |
| Accounts receivable, net | $78,953 |
| 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 | $330,482 |
| Net Land, buildings, and equipment | $10,487,954 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,433,612 |
| Total assets | $22,476,842 |
| Accounts payable and accrued expenses | $358,627 |
| Grants payable | $0 |
| Deferred revenue | $10,907 |
| Tax-exempt bond liabilities | $15,669,643 |
| 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 | $992,283 |
| Total liabilities | $17,031,460 |
| Net assets without donor restrictions | $5,445,382 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $22,476,842 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Housing And Neighborhood Development Services Of Central has recieved totaling $23,375.
| Awarding Organization | Amount |
|---|---|
Homefree Usa Inc Landover, MD PURPOSE: Property purchased for renovation and sale ot low and moderate income potential home owners. | $22,375 |
Tarbell Family Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sunrise Northeast Inc Miami, FL | $3,715,475 | $18,670,620 |
Affordable Housing Preservation Corporation St Augustine, FL | $540,750,555 | $2,294,342 |
Preservation Housing Inc Mobile, AL | $45,095,355 | $8,020,455 |
Nonprofit Housing Preservations Sb Inc Riviera Beach, FL | $13,108,120 | $31,278,179 |
Jewish Association For Residential Care Inc Boca Raton, FL | $7,062,896 | $8,370,046 |
Habitat For Humanity Of Greater Miami Inc Miami, FL | $44,913,698 | $17,755,764 |
Contemporary Housing Alternatives Of Florida Inc Clearwater, FL | $42,120,344 | $6,399,709 |
John Sparks Manor Inc Union City, GA | $0 | $5,675,234 |
Housing And Neighborhood Development Services Of Central Orlando, FL | $22,476,842 | $6,815,149 |
Larry Moore Manor Inc Union City, GA | $0 | $4,277,912 |
Rhg-Afforable Housing Ii Inc Atlanta, GA | $13,550,062 | $7,175,901 |
Broadway Towers Inc Atlanta, GA | $17,531,706 | $3,119,210 |