Rural Housing Development Corporation

Organization Overview

Rural Housing Development Corporation, operating under the name Self-Help Homes, is located in Provo, UT. The organization was established in 1999. According to its NTEE Classification (L80) the organization is classified as: Housing Support, under the broad grouping of Housing & Shelter and related organizations. As of 09/2021, Self-Help Homes employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Self-Help Homes 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, Self-Help Homes generated $4.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.8% each year. All expenses for the organization totaled $2.1m during the year ending 09/2021. While expenses have increased by 9.1% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE QUALITY AFFORDABLE HOUSING OPPORTUNITIES TO INDIVIDUALS AND FAMILIES LIVING IN UTAH.

Describe the Organization's Program Activity:

Part 3 - Line 4a

MUTUAL SELF-HELP HOUSING, LAND ACQUISITION AND DEVELOPMENT, HOMEBUYER FINANCIAL FUNDING AND HOMEBUYER EDUCATION COUNSELING. SELF-HELP HOMES (SHH) ASSISTED 53 LOW AND VERY-LOW INCOME FAMILIES START TO BUILD THEIR OWN HOMES THROUGH THE MUTUAL SELF-HELP HOUSING PROGRAM. AT SEPTEMBER 30, 2021, SHH HAD STARTED AND/OR COMPLETED 581 SELF-HELP SINGLE FAMILY HOMES. IN ADDITION, SHH ASSISTED IN PROVIDING 15 FAMILIES WITH SECONDARY MORTGAGE/GRANT FINANCING TO HELP THEM BOTH PURCHASE AND CONSTRUCT THEIR HOMES. SHH ASSISTED OVER 275 FAMILIES IN HOMEBUYER EDUCATION COUNSELING. SHH CONTINUES TO PROVIDE SERVICES IN WASATCH AND WASHINGTON COUNTIES OF UTAH AND FINISHED MULTIPLE HOMES IN THE THOSE GEOGRAPHICAL AREAS INCLUDED IN THE NUMBERS LISTED ABOVE.


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Board, Officers & Key Employees

Name (title)Compensation
Brad Bishop
Executive Di
$188,782
Geoffrey Bluth
Dir. Of Deve
$147,269
Joshua Walker
Construction
$124,460
Lynell Smith
Secretary/tr
$0
John Baer
Vice Preside
$0
Scott Mccauley
President
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Flooring Solutions By Design
Flooring Contractors
$176,444
All Star Excavation Llc
Land Development
$230,254
Dv Enterprises
Freight Transportation
$131,131
Bergman Heating
Heating And Air Contract
$300,355
R & D Excavation
Land Development
$715,396
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$8,530
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $2,058,416
All other contributions, gifts, grants, and similar amounts not included above$144,500
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,211,446
Total Program Service Revenue$23,155
Investment income $37,201
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $47,064
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 $2,379,282
Miscellaneous Revenue$0
Total Revenue $4,698,505

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Rural Housing Development Corporation has recieved totaling $23,635.

Awarding OrganizationAmount
Local Initiatives Support Corporation

New York, NY

PURPOSE: SEE PART IV

$15,345
United Way Of Central And Southern Utah

Provo, UT

PURPOSE: SUPPORT EFFORTS

$8,279
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$11
View Grant Recipient Profile

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