Housing & Community Initiatives Inc in Gaithersburg, Maryland (MD)
Table of contents:
| Housing & Community Initiatives Inc | |
| Employer Identification Number (EIN) | 521247326 |
| Name of Organization | Housing & Community Initiatives Inc |
| Address | 438 N Frederick Ave, Gaithersburg, MD 20877-2458 |
| Activities | Community service organization |
| Subsection | Charitable Organization, Educational Organization |
| Ruling Date | 07/1982 |
| Deductibility | Contributions are deductible |
| Foundation | Organization which receives a substantial part of its support from a governmental unit or the general public |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 06/2014 |
| Assets | $100,000 to $499,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $412,356 |
| Amount of Income | $55,795 |
| Form 990 Revenue Amount | $55,795 |
| National Taxonomy of Exempt Entities (NTEE) | Housing, Shelter: Homeless, Temporary Shelter For |
Non-representatives - add comments:
Amount of income in 2014: $55,795 (it was $62,447 in 2013)
| Housing & Community Initiatives Inc: | $55,795 |
| Other organizations performing similar types of work: | $740,453 |
Assets in 2014: $412,356 (it was $435,711 in 2013)
| Housing & Community Initiatives Inc: | $412,356 |
| Other organizations performing similar types of work: | $903,958 |
Expenses in 2014: $79,491
| This organization: | $79,491 |
| Other organizations performing similar types of work: | $793,424 |
Income to expenses ratio in 2014: 0.7
| Housing & Community Initiatives Inc: | 0.7 |
| Other organizations performing similar types of work: | 1.0 |
Grants share in income in 2014: 0.0%
| Housing & Community Initiatives Inc: | 0.0% |
| Other organizations performing similar types of work: | 93.7% |
Revenue for 2014
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2012 | 2013 | 2014 | |
|---|---|---|---|
| Total revenue | $53,718 | $62,447 | $55,795 |
| Contributions, gifts, grants, and similar amounts received | $445 | $375 | $0 |
| Program service revenue including government fees and contracts | $48,050 | $59,650 | $54,250 |
| Membership dues and assessments | $0 | $0 | $0 |
| Investment income | $3,198 | $2,096 | $1,545 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $0 | $0 | $0 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 |
| Other revenue | $2,025 | $326 | $0 |
| Total expenses | $72,842 | $77,987 | $79,491 |
| Total net assets | $451,090 | $435,550 | $411,854 |
| Excess/Deficit for the year | $-19,124 | $-15,540 | $-23,696 |
| Net assets or fund balances at beginning of year | $470,214 | $451,090 | $435,550 |
| Other changes in net assets or fund balances | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $451,090 | $435,550 | $411,854 |
| Balance Sheets | |||
| 2012 | 2013 | 2014 | |
|---|---|---|---|
| Total assets | $451,377 | $435,711 | $412,356 |
| Total liabilities | $287 | $161 | $502 |
| Net assets or fund balances | $451,090 | $435,550 | $411,854 |
| Other Information | |||
| 2012 | 2013 | 2014 | |
|---|---|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No | No | No |
| Were any significant changes made to the organizing or governing documents? | No | No | No |
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No | No |
| Has the organization filed a Form 990-T for the year? | No | No | No |
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No | No |
| Amount of political expenditures, direct or indirect | $0 | $0 | $0 |
| Did the organization file Form 1120-POL for this year? | No | No | No |
| Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return? | No | No | No |
| Total amount involved | $0 | $0 | $0 |
| Initiation fees and capital contributions | $0 | $0 | $0 |
| Gross receipts for public use of club facilities | $0 | $0 | $0 |
| Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ? | No | No | No |
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | No | No |
| Reason for Public Charity Status (for 2014) | |
| The organization is not a private foundation because it is: | An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975 |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
| Support Schedule for Organizations Described in Section 509(a)(2) (for 2010 - 2014) | |
| 2010 - 2014 Total | |
|---|---|
| Public support | $315,954 |
| Subtotal | $315,954 |
| Gifts, grants, contributions, and membership fees received | $820 |
| Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | $315,134 |
| Gross receipts from activities that are not an unrelated trade or business under section 513 | $0 |
| 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 |
| Less | $0 |
| Amounts received from disqualified persons | $0 |
| Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support | $0 |
| Total support | $315,954 |
| Public support | $315,954 |
| Subtotal | $0 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $0 |
| Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975 | $0 |
| Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
| Other income | $0 |
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| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Waterfront Rescue Mission Inc | PO BOX 870, Pensacola, FL 32591-0870 | FL | 1964-01 | $17,300,127 |
| 2 | Siena Francis House | 1702 Nicholas St, Omaha, NE 68102-4119 | NE | 1991-05 | $6,936,485 |
| 3 | The Hamilton Family Center | 1631 Hayes St, San Francisco, CA 94117-1326 | CA | 1993-05 | $6,099,300 |
| 4 | Human Services Programs Of Carroll County Inc | PO BOX 489, Westminster, MD 21158-0489 | MD | 1988-05 | $4,138,629 |
| 5 | Shelterhouse Volunteer Group | 217 W 12th St, Cincinnati, OH 45202-7501 | OH | 1978-09 | $3,511,797 |
| 6 | York Union Rescue Mission Inc | PO BOX 1968, York, PA 17405-1968 | PA | 1968-05 | $3,018,700 |
| 7 | Shelter Inc | 1616 N Arlington Hts Rd, Arlington Heights, IL 60004-3981 | IL | 1974-10 | $2,916,872 |
| 8 | South Park Inn Inc | 75 Main St, Hartford, CT 06106-1806 | CT | 1983-08 | $2,258,181 |
| 9 | Sarahs Circle | 4750 N Sheridan Rd Ste 220, Chicago, IL 60640-7512 | IL | 1979-04 | $2,094,593 |
| 10 | Youth And Family Services Of North Central Oklahoma Inc | 605 W Oxford Ave, Enid, OK 73701-1208 | OK | 1976-12 | $2,090,942 |
| 11 | Bridges To Housing Stability Inc | 9520 Berger Rd Ste 311, Columbia, MD 21046-1540 | MD | 1991-07 | $1,000,962 |
| 12 | Antioch Shelter Home Inc | 2926 Harford Rd, Baltimore, MD 21218-3142 | MD | 1989-10 | $59,919 |
| 13 | Housing & Community Initiatives Inc | 438 N Frederick Ave, Gaithersburg, MD 20877-2458 | MD | 1982-07 | $55,795 |
| 14 | Somerset Committee For The Homeless Inc | PO BOX 11, Princess Anne, MD 21853-0011 | MD | 1998-06 | $37,367 |
| 15 | Calvert County Interfaith Development Coalition Inc | PO BOX 747, Owings, MD 20736-0747 | MD | 1998-01 | $0 |
| 16 | Helping Hand Inc | 82 Clay St, Annapolis, MD 21401-2425 | MD | 1972-07 | $0 |
| 17 | Our Home For The Neighbors Inc | 750 Nethnal Rd, Baltimore, MD 21229 | MD | 1994-03 | $0 |
| 18 | Pearl Carrie House Inc | 9701 Ames Ct, Randallstown, MD 21133-2503 | MD | 1992-09 | $0 |
| 19 | Resurrection Farm Inc | 1235 Maple Crest Dr, Westminster, MD 21157-5926 | MD | 1984-12 | $0 |
| 20 | Samaritan Shelter Inc | PO BOX 661, Pocomoke City, MD 21851-0661 | MD | 1987-05 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Total | 266 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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