Daytona Beach Housing Development Corporation is located in Daytona Beach, FL. The organization was established in 2000. 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. Daytona Beach Housing Development Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEEK TO PROVIDE QUALITY, DECENT, SAFE AND SANITARY AFFORDABLE HOUSING TO LOW AND MODERATE INCOME PERSONS RESIDING IN VOLUSIA COUNTY, FLORIDA, AND AS THE NEED AND/OR OPPORTUNITY MAY ARISE, AREAS BEYOND THE BOUNDARIES OF VOLUSIA COUNTY, FLORIDA.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sandy Murphy Vice Chair | 0.2 | $0 | |
Dr Irma Brown-Jamison Director | 0.2 | $0 | |
Sally L Jass Director | 0.2 | $0 | |
Kelvin J Daniels Chairman | 0.2 | $0 | |
Kim Brown Crawford Director | 0.2 | $0 | |
Charles Woodyard CEO | 0.2 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $0 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $540 |
| Occupancy | $2,261 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $665 |
| Total operating and administrative expenses | $3,499 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $3,499 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,441,278 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $24 |
| 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 | $4,896 |
| Other assets | $0 |
| Total assets | $2,446,198 |
| Accounts payable and accrued expenses | $48 |
| 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 | $808,887 |
| Total liabilities | $808,935 |