Hbhci Hud 3 Inc
- Assets
- $123.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New Port Richey, FL
- Founding
- 06/1994
- Data as of
- 06/2022
- 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 06/2022, Hbhci Hud 3 Inc generated $35.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $36.1k during the year ending 06/2022. While expenses have increased by 3.3% per year over the past 7 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
2022
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 | |
Alfred W Torrence Jr ESQ Secretary | 1 | $0 | |
Gail Ryder Vice President | 1 | $0 | |
Robert Hale Director | 1 | $0 | |
Bill Butler Vice Chair | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $29,533 |
| Total Program Service Revenue | $5,783 |
| Membership dues | $0 |
| Investment income | $3 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $35,319 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $10,711 |
| Professional fees and other payments to independent contractors | $6,773 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $18,575 |
| Total expenses | $36,059 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $24,414 |
| Other assets | $0 |
| Total assets | $123,040 |
| Total liabilities | $9,218 |
| Net assets or fund balances | $113,822 |
Peer Organizations
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|---|---|---|
Preservation Housing Inc Mobile, AL | $45,095,355 | $8,020,455 |
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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 |
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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 |
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Broadway Towers Inc Atlanta, GA | $17,531,706 | $3,119,210 |
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Clairmont Oaks Inc Decatur, GA | $12,058,022 | $3,642,909 |