Hbhci Hud 3 Inc
- Assets
- $123.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New Port Richey, FL
- Founding
- 06/1994
- Data as of
- 06/2023
- EIN
- 59-3212745
Organization Overview
Hbhci Hud 3 Inc is located in New Port Richey, FL. The organization was established in 1994. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hbhci Hud 3 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 06/2023, Hbhci Hud 3 Inc generated $35.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $37.7k during the year ending 06/2023. While expenses have increased by 3.5% per year over the past 8 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PROVIDES HOUSING TO LOW-INCOME, ADULT, HANDICAPPED INDIVIDUALS UNDER SECTION 122(D)(4) OF THE NATIONAL HOUSING ACT THROUGH THE OPERATION OF A APARTMENT COMPLEX. HUD REGULATED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Philip H Chesnut Treasurer | 1 | $0 | |
Beverly R Barnett Chair | 1 | $0 | |
Gail Ryder Vice President | 1 | $0 | |
Robert Hale Director | 1 | $0 | |
Bill Butler Vice Chair | 1 | $0 | |
Alfred W Torrence Jr ESQ Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $29,034 |
| Total Program Service Revenue | $6,282 |
| Membership dues | $0 |
| Investment income | $35 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $139 |
| Total Revenue | $35,490 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $7,929 |
| Professional fees and other payments to independent contractors | $6,862 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $22,920 |
| Total expenses | $37,711 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $21,779 |
| Other assets | $0 |
| Total assets | $123,565 |
| Total liabilities | $11,964 |
| Net assets or fund balances | $111,601 |