Housing Opportunity Development Corporation in Techny, Illinois (IL)

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Housing Opportunity Development Corporation
Employer Identification Number (EIN)363237455
Name of OrganizationHousing Opportunity Development Corporation
AddressPO BOX 480, Techny, IL 60082-0480
ActivitiesLow income housing, Other housing activities, Housing for the aged (see also 153)
SubsectionCharitable Organization
Ruling Date10/1984
DeductibilityContributions are deductible
FoundationOrganization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period06/2014
Assets$10,000,000 to $49,999,999
Income$1,000,000 to $4,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$10,019,639
Amount of Income$2,907,840
Form 990 Revenue Amount$2,776,903
National Taxonomy of Exempt Entities (NTEE)Housing, Shelter: Housing Development, Construction, Management


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Amount of income in 2014: $2,907,840
Housing Opportunity Development Corporation: 

 $2,907,840
Other organizations performing similar types of work: 

 $345,298

Assets in 2014: $10,019,639
Housing Opportunity Development Corporation: 

 $10,019,639
Other organizations performing similar types of work: 

 $1,142,570

Expenses in 2013: $2,931,423
Housing Opportunity Development Corporation: 

 $2,931,423
Other organizations performing similar types of work: 

 $349,008

Income to expenses ratio in 2013: 1.0
Housing Opportunity Development Corporation: 

 1.0
Other organizations performing similar types of work: 

 1.1

Expenses allocated to program services in 2006: 71.2%
This organization: 

 71.2%
Other organizations performing similar types of work: 

 86.1%

Number of employees in 2013: 6
This organization: 

 6
Other organizations performing similar types of work: 

 1

Grants share in income in 2013: 47.5%
This organization: 

 47.5%
Other organizations performing similar types of work: 

 47.4%

Financial snapshot ($)

Revenue for 2013

Assets at the end of 2013

Functional expenses for 2013

Support schedule

Checklist
20122013
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)?YesYes
Is the organization required to complete Schedule B, Schedule of Contributors?NoYes
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office?NoNo
Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year?NoNo
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19?NoNo
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts?NoNo
Did the organization receive or hold a conservation easement, including easements to preserve open space, the environment, historic land areas, or historic structures?NoNo
Did the organization maintain collections of works of art, historical treasures, or other similar assets?NoNo
Did the organization report an amount for escrow or custodial account liability; serve as a custodian or provide credit counseling, debt management, credit repair, or debt negotiation services?NoNo
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments?NoNo
Did the organization report an amount for land, buildings, and equipment?YesYes
Did the organization report an amount for investments-other securities that is 5% or more of its total assets?NoNo
Did the organization report an amount for investments-program related that is 5% or more of its total assets?NoNo
Did the organization report an amount for other assets that is 5% or more of its total assets?YesYes
Did the organization report an amount for other liabilities?YesYes
Did the organization's separate or consolidated financial statements for the tax year include a footnote that addresses the organization's liability for uncertain tax positions under FIN 48 (ASC 740)?YesYes
Did the organization obtain separate, independent audited financial statements for the tax year?YesYes
Was the organization included in consolidated, independent audited financial statements for the tax year?NoNo
Is the organization a school described in section 170(b)(1)(A)(ii)?NoNo
Did the organization maintain an office, employees, or agents outside of the United States?NoNo
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more?NoNo
Did the organization report more than $5,000 of grants or other assistance to or for any foreign organization?NoNo
Did the organization report more than $5,000 of aggregate grants or other assistance to or for foreign individuals?NoNo
Did the organization report a total of more than $15,000 of expenses for professional fundraising services?NoNo
Did the organization report more than $15,000 total of fundraising event gross income and contributions?NoNo
Did the organization report more than $15,000 of gross income from gaming activities?NoNo
Did the organization operate one or more hospital facilities?NoNo
Did the organization attach a copy of its audited financial statements?NoNo
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government?NoNo
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals?NoNo
Did the organization answer 'Yes' about compensation of the organization's current and former officers, directors, trustees, key employees, and highest compensated employees?NoNo
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002?NoNo
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?NoNo
Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease any tax-exempt bonds?NoNo
Did the organization act as an 'on behalf of' issuer for bonds outstanding at any time during the year?NoNo
Did the organization engage in an excess benefit transaction with a disqualified person during the year?NoNo
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization's prior Forms 990 or 990-EZ?NoNo
Did the organization report any amount for receivables from or payables to any current or former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons?NoNo
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any of these persons?NoNo
Was the organization a party to a business transaction with one of the following parties
A current or former officer, director, trustee, or key employee?NoNo
A family member of a current or former officer, director, trustee, or key employee?NoNo
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or direct or indirect owner?NoNo
Did the organization receive more than $25,000 in non-cash contributions?NoNo
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions?NoNo
Did the organization liquidate, terminate, or dissolve and cease operations?NoNo
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets?NoYes
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3?YesYes
Was the organization related to any tax-exempt or taxable entity?YesYes
Did the organization have a controlled entity within the meaning of section 512(b)(13)?NoNo
Did the organization make any transfers to an exempt non-charitable related organization?NoNo
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes?NoNo
Statements Regarding Other IRS Filings and Tax Compliance
201120122013
The number reported in Box 3 of Form 109633
The number of Forms W-2G00
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners?NoNo
The number of employees reported on Form W-3, Transmittal of Wage and Tax Statements, filed for the calendar year ending with or within the year covered by this return96
Did the organization file all required federal employment tax returns?YesYes
Did the organization have unrelated business gross income of $1,000 or more during the year?NoNoNo
Has it filed a Form 990-T for this year?NoNo
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)?NoNo
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?NoNo
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?NoNo
Did the organization file Form 8886-T?NoNo
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions?NoNo
Did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible?NoNo
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?NoNo
Did the organization notify the donor of the value of the goods or services provided?NoNo
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282?NoNo
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?NoNo
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?NoNo
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?NoNo
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?NoNo
Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year?NoNo
Did the sponsoring organization make any taxable distributions under section 4966?NoNo
Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?NoNo
Initiation fees and capital contributions$0$0$0
Gross receipts for public use of club facilities $0$0$0
Gross income from members or shareholders$0$0$0
Gross income from other sources$0$0$0
Is the organization filing Form 990 in lieu of Form 1041?NoNo
The amount of tax-exempt interest received or accrued during the year$0$0
Is the organization licensed to issue qualified health plans in more than one state?NoNo
The amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans$0$0
The amount of reserves on hand$0$0
Did the organization receive any payments for indoor tanning services during the tax year?NoNo
Has it filed a Form 720 to report these payments?NoNo
Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
20122013
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
Total reportable compensation from the organization$0$0
Total reportable compensation from related organizations$0$0
Total estimated amount of other compensation from the organization and related organizations$0$0
Total number of individuals who received more than $100,000 of reportable compensation from the organization00
Total number of independent contractors who received more than $100,000 of compensation from the organization00
Statement of Revenue
201120122013
Total revenue$1,104,411$2,391,798$1,031,847
Contributions, Gifts, Grants and Other Similar Amounts$253,031$2,327,374$489,949
Program Service Revenue$758,230$64,424$477,062
0$157,592$216,439
0$98,137$134,505
0$73,481$88,018
0$44,751$38,100
All other program service revenue$373,961$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$58,491$0$64,836
Income from investment of tax-exempt bond proceeds$0$0$0
Royalties$0$0$0
Net rental income$0$0$0
Net gain/loss from sales of assets other than inventory$-1,073,335$0$0
Net income/loss from fundraising events$0$0$0
Net income/loss from gaming activities$0$0$0
Net income/loss from sales of inventory$0$0$0
Miscellaneous Revenue$1,107,994$0$0
Statement of Functional Expenses
201120122013
Total functional expenses$610,764$721,811$2,931,423
Grants and other assistance to domestic organizations and domestic governments$0$0
Grants and other assistance to domestic individuals$0$0
Grants and other assistance to foreign organizations, foreign governments, and foreign individuals$0$0
Benefits paid to or for members$0$0
Compensation of current officers, directors, trustees, and key employees$0$0$0
Compensation not included above, to disqualified persons$0$0
Other salaries and wages$136,520$212,987$242,943
Pension plan accruals and contributions$0$0
Other employee benefits$7,662$7,656
Payroll taxes$10,609$15,437$17,375
Fees for services (non-employees)
Management$0$0
Legal$125$150
Accounting$22,038$20,438
Lobbying$0$0
Professional fundraising services$0$0$0
Investment management fees$0$0
Other$97,306$108,416
Advertising and promotion$3,062$300
Office expenses$8,200$10,523
Information technology$0$0
Royalties$0$0
Occupancy$14,667$15,075
Travel$16,247$4,188
Payments of travel or entertainment expenses for any federal, state, or local public officials$0$0
Conferences, conventions, and meetings$0$0
Interest$42,730$36,003
Payments to affiliates$0$0
Depreciation, depletion, and amortization$60,970$61,533
Insurance$12,498$5,530
Other expenses$36,814$2,236,118
Other expenses$35,525$52,995
Other expenses$33,020$38,808
Other expenses$30,174$33,817
Other expenses$72,349$39,555
Balance Sheet
201120122013
Total assets$4,745,440$6,668,610$5,121,105
Cash - non-interest-bearing$247,678$472,164
Savings and temporary cash investments$12,118$15,687
Pledges and grants receivable, net$0$0
Accounts receivable, net$322,380$394,352
Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees$0$0
Loans and other receivables from other disqualified persons, persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations$0$0
Notes and loans receivable, net$3,211,444$1,494,269
Inventories for sale or use$0$0
Prepaid expenses and deferred charges$884$884
Land, buildings, and equipment: cost or other basis$2,032,670$1,941,667
Investments - publicly traded securities$0$0
Investments - other securities$0$0
Investments - program-related$0$0
Intangible assets$0$0
Other assets$841,436$802,082
Total liabilities$1,799,287$1,744,297$2,096,368
Accounts payable and accrued expenses$27,059$468,356
Grants payable$0$0
Deferred revenue$0$0
Tax-exempt bond liabilities$0$0$0
Escrow or custodial account liability$0$0
Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified persons$0$0
Secured mortgages and notes payable to unrelated third parties$1,678,801$1,669,215$1,572,285
Unsecured notes and loans payable to unrelated third parties$0$0$0
Other liabilities (including federal income tax, payables to related third parties, and other liabilities)$48,023$55,727
Total net assets or fund balances$2,946,153$4,924,313$3,024,737
Unrestricted net assets$4,924,313$3,024,737
Temporarily restricted net assets$0$0
Permanently restricted net assets$0$0
Capital stock or trust principal, or current funds$0$0
Paid-in or capital surplus, or land, building, or equipment fund$0$0
Retained earnings, endowment, accumulated income, or other funds$0$0$0
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Number of organizations supported0
Sum of amounts of support$0
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2009 - 2013)
2009 - 2013 Total
Public Support$3,840,346
Subtotal Support$3,840,346
Gifts, grants, contributions, and membership fees received$3,840,346
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support$0
Total Support$4,141,014
Public Support$3,840,346
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$300,668
Net income from unrelated business activities, whether or not the business is regularly carried on$0
Other income. Do not include gain or loss from the sale of capital assets$0
Gross receipts from related activities, etc.$0
Revenue, Expenses, and Changes in Net Assets or Fund Balances
20052006
Total revenue$1,238,656$888,863
Contributions, gifts, grants, and similar amounts received$871,912$451,034
Contributions to donor advised funds$0
Direct public support$59,143$103,134
Indirect public support$812,769$0
Government contributions (grants)$0$347,900
Program service revenue including government fees and contracts$295,575$384,214
Membership dues and assessments$0$0
Interest on savings and temporary cash investments$49,055$53,615
Dividends and interest from securities$0$0
Net rental income or (loss)$0$0
Gross rents$0$0
Less: rental expenses$0$0
Other investment income$0$0
Gain or (loss) from sales of assets other than inventory$22,114$0
Gross amount from sales of assets other than inventory$355,000$0
Less: cost or other basis and sales expenses$332,886$0
Net income or (loss) from special events and activities$0$0
Gross revenue$0$0
Less: direct expenses other than fundraising expenses$0$0
Gross profit or (loss) from sales of inventory$0$0
Gross sales of inventory, less returns and allowances$0$0
Less: cost of goods sold$0$0
Other revenue$0$0
Total expenses$962,606$950,888
Program services$822,130$677,436
Management and general$101,418$192,520
Fundraising$39,058$80,932
Payments to affiliates$0$0
Net assets or fund balances at end of year$2,856,020$2,793,995
Excess or (deficit) for the year$276,050$-62,025
Net assets or fund balances at beginning of year$2,579,970$2,856,020
Other changes in net assets or fund balances$0$0
Statement of Functional Expenses (for 2006)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$950,888$677,436$192,520$80,932
Grants paid from donor advised funds$0
Other grants and allocations$0
Specific assistance to individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$78,550$55,951$15,899$6,700
Compensation of former officers, directors, key employees, etc.$0$0$0$0
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0$0$0
Salaries and wages of employees not included above$230,970$164,519$46,748$19,703
Pension plan contributions not included above$0$0$0$0
Employee benefits not included above$17,406$12,399$3,523$1,484
Payroll taxes$27,163$19,348$5,498$2,317
Professional fundraising fees$0$0$0$0
Accounting fees$17,638$12,567$3,572$1,499
Legal fees$5,577$3,974$1,129$474
Supplies$0$0$0$0
Telephone$9,284$6,615$1,880$789
Postage and shipping$3,214$0$3,214$0
Occupancy$161,867$115,330$32,778$13,759
Equipment rental and maintenance$0$0$0$0
Printing and publications$3,843$0$3,843$0
Travel$266$0$266$0
Conferences, conventions, and meetings$0$0$0$0
Interest$118,877$84,699$24,073$10,105
Depreciation, depletion, etc.$131,154$93,447$26,559$11,148
Other expenses not covered above$145,079$108,587$23,538$12,954
Balance Sheets
20052006
Total assets$5,608,546$5,325,738
Cash - non-interest-bearing$249,321$44,897
Savings and temporary cash investments$35,783$55,828
Accounts receivable less allowance for doubtful accounts$386,118$364,518
Pledges receivable less allowance for doubtful accounts$0$0
Grants receivable$0$0
Receivables from current and former officers, directors, trustees, and key employees$0$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0
Other notes and loans receivable less allowance for doubtful accounts$968,487$929,084
Inventories for sale or use$0$0
Prepaid expenses and deferred charges$18,775$3,861
Investments - publicly-traded securities$562,881
Investments - other securities$40,999$0
Investments - land, buildings, and equipment less accumulated depreciation$169,374$0
Investments - other$2,033$0
Land, buildings, and equipment less accumulated depreciation$3,312,215$3,261,853
Other assets, including program-related investments$425,441$102,816
Total liabilities$2,752,526$2,531,743
Accounts payable and accrued expenses$108,556$117,627
Grants payable$0$0
Deferred revenue$0$0
Loans from officers, directors, trustees, and key employees$0$0
Tax-exempt bond liabilities$0$0
Mortgages and other notes payable$2,628,936$2,398,242
Other liabilities$15,034$15,874
Total liabilities and net assets/fund balances$5,608,546$5,325,738
Total net assets or fund balances$2,856,020$2,793,995
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
20052006
Total revenue$1,238,656$888,863
Total revenue, gains, and other support per audited financial statements$1,238,656$1,178,988
Other expenses$0$290,125
Net unrealized gains on investments$0$0
Donated services and use of facilities$0$0
Recoveries of prior year grants$0$0
Other$0$290,125
Other revenue$0$0
Investment expenses$0$0
Other$0$0
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
20052006
Total expenses$962,606$950,888
Total expenses and losses per audited financial statements$962,606$1,424,288
Other revenue$0$473,400
Donated services and use of facilities$0$0
Prior year adjustments$0$0
Losses$0$0
Other$0$473,400
Other expenses$0$0
Investment expenses$0$0
Other$0$0
Current Officers, Directors, Trustees, and Key Employees
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings14
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?No
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?No
Does the organization have a written conflict of interest policy?Yes
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?No
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?No
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members$0
Section 162(e) lobbying and political expenditures$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$0
Taxable amount of lobbying and political expenditures$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?No
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?No
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Did the organization acquire a direct or indirect interest in any applicable insurance contract?No
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?No
Number of employees employed in the pay period that includes March 12, 20067
Analysis of Income-Producing Activities (for 2006)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$0$53,615$384,214
Program service revenue
Program service revenue 1000000$000$0$47,500
Program service revenue 2000000$000$0$108,507
Program service revenue 3000000$000$0$10,525
Program service revenue 4000000$000$0$217,682
Program service revenue 5000000$000$0$0
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$0
Interest on savings and temporary cash investments000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$53,615$0
Dividends and interest from securities000000$000$0$0
Net rental income or (loss) from real estate
debt-financed property000000$000$0$0
not debt-financed property000000$000$0$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment income000000$000$0$0
Gain or (loss) from sales of assets other than inventory000000$000$0$0
Net income or (loss) from special events000000$000$0$0
Gross profit or (loss) from sales of inventory000000$000$0$0
Other revenue000000$000$0$0
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2006)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
36352479671%$0$0
364342624100%$0$0
364571498100%$0$0
0%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2006)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$0$0$0
$0$0$0
$0$0$0
$0$0$0
$0$0$0
Total number of other employees paid over $50,0000
Statements About Activities (for 2006)
Expenses paid or incurred in connection with the lobbying activities$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?No
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?No
Did the organization maintain any donor advised funds?No
Did the organization make any taxable distributions under section 4966?No
Did the organization make a distribution to a donor, donor advisor, or related person?No
The total number of donor advised funds owned at the end of the tax year$0
The aggregate value of assets held in all donor advised funds owned at the end of the tax year$0
The total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts$0
The aggregate value of assets held in all funds or accounts included above at the end of the tax year$0
Reason for Non-Private Foundation Status
The organization is not a private foundation because it isOrganization that receives a substantial part of its support from a governmental unit or from the general public
Support Schedule
20042005
Total$717,260$1,216,542
Gifts, grants, and contributions received$188,684$871,912
Membership fees received$0$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$483,721$295,575
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$44,855$49,055
Net income from unrelated business activities not included above$0$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0$0
Other income$0$0
Lobbying Expenditures by Electing Public Charities (for 2006)
Total exempt purpose expenditures$0
Total lobbying expenditures$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$0
Other exempt purpose expenditures$0
Lobbying nontaxable amount$0
Grassroots nontaxable amount$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Westside Health Authority5417 W Division St, Chicago, IL 60651-1312IL1996-07$4,522,025
2Dekalb Plaza Resident Council, Gideon Court Resident Council1325 West Lincoln Highway Apt 303a, Dekalb, IL 60115IL1997-09$1,865,330
3Transitional Living Services5330 W Elm St, Mchenry, IL 60050-4029IL1997-04$1,233,049
4Trinity Community Housing Corporation400 W 95th St, Chicago, IL 60628-1120IL1983-08$1,165,043
5Woodlawn Housing Development Corp, Berry Manor6040 South Harper Ave, Chicago, IL 60637-3180IL1988-06$886,235
6Winwood Apartments Inc1415 W Foster Ave, Chicago, IL 60640-2288IL1985-08$408,309
7Seaway National Bank Community Development Corporation645 E 87th St, Chicago, IL 60619-6101IL1997-04$39,960
8White Family Foundation, Trust Dept First Natinal Bank311 Banker Blvd, Vandalia, IL 62471-1941IL1997-07$36,960
9Psm Development Corporation119 S Central Park Blvd, Chicago, IL 60624-2941IL1991-07$10,181
10The Hawthorne Foundation2314 N Lincoln Park W Apt 6n, Chicago, IL 60614-3453IL1996-01$5,000
11Union Street Foundation46 Southside Country Clb, Decatur, IL 62521-9126IL1996-05$9
12Tach Services Inc200 E Randolph St Ste 2100, Chicago, IL 60601-6432IL1992-04$4
13Affordable Living Opportunities Inc2104 Western Ave, Waukegan, IL 60087-3905IL1996-01$0
14Austin Community Resource Center105 Graymoor Ln Ste 100, Olympia Fields, IL 60461-1204IL1994-06$0
15Financial Services Assistance Housing Exchange Inc321 W 61st St, Chicago, IL 60621-3207IL1996-01$0
16Gmach Zecher Chasdei Avos9049 Karlov Ave, Skokie, IL 60076-1715IL1997-06$0
17Gorham United Methodist Church Foundation Inc5600 S Indiana Ave, Chicago, IL 60637-1204IL1997-09$0
18Habitat For Humanity International Inc, Judson College Hfh Campus Chapter1151 N State St -Cpo 252-, Elgin, IL 60123-1404IL1987-01$0
19Habitat For Humanity International Inc, Siu Habitat For Humanity715 S Washington St, Carbondale, IL 62901IL1987-01$0
20Innercity Home Foundation Inc1832 E 87th St, Chicago, IL 60617-2744IL1995-09$0
Number of organizations performing similar types of work
Alaska3
Alabama27
Arkansas23
Arizona22
California194
Colorado34
Connecticut23
District of Columbia15
Delaware3
Florida79
Georgia43
Hawaii13
Iowa16
Idaho3
Illinois81
Indiana43
Kansas14
Kentucky55
Louisiana27
Massachusetts79
Maryland44
Maine14
Michigan67
Minnesota45
Missouri35
Mississippi12
Montana4
North Carolina87
North Dakota3
Nebraska26
New Hampshire10
New Jersey59
New Mexico9
Nevada3
New York185
Ohio109
Oklahoma13
Oregon11
Pennsylvania102
Rhode Island14
South Carolina35
South Dakota10
Tennessee37
Texas109
Utah6
Virginia51
Vermont10
Washington26
Wisconsin42
West Virginia10
Wyoming4
International6
Total1,995

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