Housing Opportunities Extension Inc
- Assets
- $157.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Texarkana, TX
- Founding
- 09/1985
- Data as of
- 06/2023
- EIN
- 71-0606330
Organization Overview
Housing Opportunities Extension Inc is located in Texarkana, TX. The organization was established in 1985. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, 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. Housing Opportunities Extension 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, Housing Opportunities Extension Inc generated $118.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $122.2k during the year ending 06/2023. While expenses have increased by 1.2% 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
RENTAL OF HUD SECTION 202 APARTMENTS TO THE ELDERLY AND HANDICAPPED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Megan Schroeder President | 1 | $0 | |
Sonja Hubbard Board Member | 1 | $0 | |
Martha Norton Vice President | 1 | $0 | |
Mindy Williams Treasurer | 1 | $0 | |
Brandon Washington Secretary | 1 | $0 | |
Sherry Young Watkins CEO | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $67,390 |
| Total Program Service Revenue | $50,463 |
| Membership dues | $0 |
| Investment income | $187 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $118,040 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $10,341 |
| Professional fees and other payments to independent contractors | $10,650 |
| Occupancy, rent, utilities, and maintenance | $41,411 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $59,843 |
| Total expenses | $122,245 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $119,299 |
| Other assets | $0 |
| Total assets | $157,356 |
| Total liabilities | $87,112 |
| Net assets or fund balances | $70,244 |