Civic Intelligence

Housing Opportunities Inc.

990 • Fiscal year 2011 • EIN 35-1965214

Jul 01, 2010 to Jun 30, 2011 • Filed on Mar 01, 2012

2001 Calumet Avenue46383
Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

70th percentile

0.37x

Higher debt load relative to assets than 70% of similar nonprofits.

2011 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2011

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2011

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2011

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2011

Asset Growth

90th percentile

40%

Faster asset growth than 90% of similar nonprofits.

2011 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2010 to 2011

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$4,541,447

Up $1,297,950 (+40%) from 2010

Net Assets

Up

$2,867,304

Up $651,977 (+29%) from 2010

Liabilities

Up

$1,674,143

Up $645,973 (+63%) from 2010

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$2,116,124

Up $495,679 (+31%) from 2010

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$15M$10M$5.0M$0Assets 2010: $3,243,497Liabilities 2010: $1,028,170Net Assets 2010: $2,215,3272010Assets 2011: $4,541,447Liabilities 2011: $1,674,143Net Assets 2011: $2,867,3042011Assets 2012: $5,197,921Liabilities 2012: $1,785,620Net Assets 2012: $3,412,3012012Assets 2013: $4,806,603Liabilities 2013: $1,607,524Net Assets 2013: $3,199,0792013Assets 2014: $5,586,644Liabilities 2014: $1,845,078Net Assets 2014: $3,741,5662014Assets 2015: $5,185,438Liabilities 2015: $1,459,281Net Assets 2015: $3,726,1572015Assets 2016: $6,049,891Liabilities 2016: $2,228,333Net Assets 2016: $3,821,5582016Assets 2017: $6,749,909Liabilities 2017: $2,632,587Net Assets 2017: $4,117,3222017Assets 2018: $7,261,828Liabilities 2018: $2,771,144Net Assets 2018: $4,490,6842018Assets 2019: $7,341,731Liabilities 2019: $2,578,774Net Assets 2019: $4,762,9572019Assets 2020: $8,316,932Liabilities 2020: $2,491,302Net Assets 2020: $5,825,6302020Assets 2021: $8,992,058Liabilities 2021: $2,511,933Net Assets 2021: $6,480,1252021Assets 2022: $10,403,121Liabilities 2022: $2,794,767Net Assets 2022: $7,608,3542022Assets 2023: $11,269,558Liabilities 2023: $2,629,144Net Assets 2023: $8,640,4142023Assets 2024: $14,134,657Liabilities 2024: $3,188,314Net Assets 2024: $10,946,3432024

Highlighted filing

2011

Assets$4,541,447
Liabilities$1,674,143
Net Assets$2,867,304

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $1,620,4452010Expenses 2011: $2,116,1242011Expenses 2012: $2,390,3322012Expenses 2013: $2,177,6492013Revenue 2014: $2,920,888Expenses 2014: $2,378,721Net Income 2014: $542,1672014Revenue 2015: $2,238,667Expenses 2015: $2,253,349Net Income 2015: -$14,6822015Revenue 2016: $2,465,824Expenses 2016: $2,350,200Net Income 2016: $115,6242016Revenue 2017: $2,928,398Expenses 2017: $2,633,966Net Income 2017: $294,4322017Revenue 2018: $3,081,953Expenses 2018: $2,709,663Net Income 2018: $372,2902018Revenue 2019: $2,996,029Expenses 2019: $2,723,662Net Income 2019: $272,3672019Revenue 2020: $3,917,351Expenses 2020: $2,854,678Net Income 2020: $1,062,6732020Revenue 2021: $5,242,677Expenses 2021: $4,588,182Net Income 2021: $654,4952021Revenue 2022: $5,592,004Expenses 2022: $4,463,775Net Income 2022: $1,128,2292022Revenue 2023: $4,954,371Expenses 2023: $3,922,311Net Income 2023: $1,032,0602023Revenue 2024: $1,461,786Expenses 2024: $1,498,964Net Income 2024: -$37,1782024

Highlighted filing

2011

Revenue-
Expenses$2,116,124
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2010 to Jun 30, 2011
Signed
Mar 1, 2012
Return Version
2010v3.4
Gross Receipts
$2,771,893
Mission and Program Overview

Mission

Housing opportunities, inc. Provides housing for the homeless, helps families keep their homes and coaches sustainable lifestyles.

Major Activities

Activity 2
Homelessness prevention and rapid re-housing program (hprp) - provides financial assistance and services to either prevent individuals and families from becoming homeless or help those who are experiencing homelessness to be quickly re-housed and stabilized.
Activity 3
Home ownership - housing opportunities home ownership education and counseling assists low-income beneficiaries of laporte and porter counties. The counseling prepares beneficiaries for home ownership with the planning for management of income and debts. Housing opportunities is an approved certified home counseling agency through the u.s. Department of housing and urban development. Applicants must meet certain criteria to be eligible for this assistance program.
Filing and Contact Details

Filer

EIN
35-1965214
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IRS990/Activity2/Description0HOMELESSNESS PREVENTION AND RAPID RE-HOUSING PROGRAM (HPRP) - PROVIDES FINANCIAL ASSISTANCE AND SERVICES TO EITHER PREVENT INDIVIDUALS AND FAMILIES FROM BECOMING HOMELESS OR HELP THOSE WHO ARE EXPERIENCING HOMELESSNESS TO BE QUICKLY RE-HOUSED AND STABILIZED.
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IRS990/Activity3/Description0HOME OWNERSHIP - HOUSING OPPORTUNITIES HOME OWNERSHIP EDUCATION AND COUNSELING ASSISTS LOW-INCOME BENEFICIARIES OF LAPORTE AND PORTER COUNTIES. THE COUNSELING PREPARES BENEFICIARIES FOR HOME OWNERSHIP WITH THE PLANNING FOR MANAGEMENT OF INCOME AND DEBTS. HOUSING OPPORTUNITIES IS AN APPROVED CERTIFIED HOME COUNSELING AGENCY THROUGH THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. APPLICANTS MUST MEET CERTAIN CRITERIA TO BE ELIGIBLE FOR THIS ASSISTANCE PROGRAM.
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IRS990/ActivityOrMissionDescription0HOUSING OPPORTUNITIES INC. SERVES THE COMMUNITY THROUGH THE DEVELOPMENT AND PROVISION OF SAFE, DECENT, AND AFFORDABLE HOUSING AND CUSTOMIZED SUPPORT SERVICES.
IRS990/ActivityOther/Description0NEW CONSTRUCTION - HOUSING OPPORTUNITIES WORKS WITH QUALIFIED INDIVIDUALS WHO MEET CERTAIN CRITERIA TO REALIZE THEIR DREAM OF CONSTRUCTION AND OWNING THEIR OWN HOMES.TRANSITIONAL HOUSING PROGRAM - PROVIDES INDIVIDUALS AND FAMILIES WITH AN AFFORDABLE OPTION WHILE SEEKING ASSISTANCE TO IMPROVE THEIR LIVES. THE 8 UNITS ARE LOCATED AT 701 MCCORD, VALPARAISO, INDIANA. HOUSING OPPORTUNITIES IS DEDICATED TO HELPING PEOPLE TO BREAK DOWN THE BARRIERS THAT CAUSED THEM TO BECOME HOMELESS. WHETHER THE BARRIERS ARE A LACK OF EDUCATION, NO JOB, DOMESTIC ABUSE, LACK OF CHILDCARE OR SOME OTHER REASON, WE WORK WITH PEOPLE TO ENABLE THEIR RETURN TO THE COMMUNITY AS SELF-RELIANT CITIZENS. THOSE LIVING IN THE APARTMENTS SPEND ANYWHERE FROM 1 TO 24 MONTHS IN THE TRANSITIONAL SETTING. ALL APPLICANTS MUST MEET CERTAIN CRITERIA TO BE ELIGIBLE FOR THIS PROGRAM WHICH INCLUDES: MEETING THE FEDERAL GUIDELINES FOR HOMELESSNESS; HEAD OF HOUSEHOLD MUST BE AT LEAST 18 YEARS OF AGE; AND, ALL FAMILY MEMBERS MUST AGREE TO COMPLY WITH THE GUIDELINES AND RULES OF THE PROGRAM.
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IRS990/MissionDescription0HOUSING OPPORTUNITIES, INC.:-ENHANCES THE COMMUNITY'S QUALITY OF LIFE THROUGH THE PROVISION OF QUALITY AFFORDABLE HOUSING AND THE DELIVERY OF INDIVIDUALIZED SUPPORT SERVICES.-SAFEGUARDS THE ASSETS OF THE CORPORATION BY MAXIMIZING THE USE OF GRANTS TO FUND PROGRAMS, ANALYZING COST EFFECTIVENESS ISSUES WHEN DESIGNING NEW SERVICES, ADHERING TO A BALANCED BUDGET, AND BY ACCURATELY AND TIMELY REPORTING FINANCIAL ACTIVITY.-RECOGNIZES INDIVIDUAL ACHIEVEMENTS, ORGANIZATIONAL SUCCESSES, AND COMMUNITY VICTORIES.-EMBRACES DIVERSITY IN ITS BOARD, PROGRAMS, AND PARTNERSHIPS.-DEMONSTRATES INTEGRITY IN EVERY ASPECT OF ITS DAY-TO-DAY OPERATIONS.-EMPOWERS INDIVIDUALS THROUGH PROGRAMS THAT FACILITATE SELF-SUFFICIENCY.-AGGRESSIVELY PURSUES INITIATIVES THAT LEVERAGE PARTNERSHIPS, CAPITALIZE ON OPPORTUNITIES, RAISE VISIBILITY, AND REWARD INNOVATION.
IRS990/MoreThan5000KToIndividuals00
IRS990/MoreThan5000KToOrganizations00
IRS990/MortNotesPyblSecuredInvestProp/BOY0876580
IRS990/MortNotesPyblSecuredInvestProp/EOY01446580
IRS990/NameOfPrincipalOfficerPerson0CAROLINE SHOOK
IRS990/NbrIndependentVotingMembers023
IRS990/NbrVotingGoverningBodyMembers023
IRS990/NbrVotingMembersGoverningBody023
IRS990/NetAssetsOrFundBalancesBOY02215327
IRS990/NetAssetsOrFundBalancesEOY02867304
IRS990/NetIncomeFromFundraisingEvents/ExclusionAmount016050
IRS990/NetIncomeFromFundraisingEvents/TotalRevenueColumn016050
IRS990/NetUnrelatedBusinessTxblIncome00
IRS990/NoncashContributions0227592
IRS990/NonDeductibleContributions00
IRS990/NumberFormsTransmittedWith1096068
IRS990/NumberIndependentVotingMembers023
IRS990/NumberIndividualsGT100K00
IRS990/NumberOfContractorsGT100K01
IRS990/NumberOfEmployees017
IRS990/NumberW2GIncluded00
IRS990/Occupancy/Fundraising01123
IRS990/Occupancy/ManagementAndGeneral013055
IRS990/Occupancy/ProgramServices0140859
IRS990/Occupancy/Total0155037
IRS990/OfficeExpenses/Fundraising02408
IRS990/OfficeExpenses/ManagementAndGeneral01835
IRS990/OfficeExpenses/ProgramServices018132
IRS990/OfficeExpenses/Total022375
IRS990/OfficerEntityWithBsnssRltnshp00
IRS990/OfficerMailingAddress00
IRS990/Organization501c30X
IRS990/OtherAssetsTotal/BOY06000
IRS990/OtherAssetsTotal/EOY034533
IRS990/OtherEmployeeBenefits/Fundraising07258
IRS990/OtherEmployeeBenefits/ManagementAndGeneral09560
IRS990/OtherEmployeeBenefits/ProgramServices033376
IRS990/OtherEmployeeBenefits/Total050194
IRS990/OtherExpensePriorYear0867475
IRS990/OtherExpensesCurrentYear01238243
IRS990/OtherExpenses/Description0BUILDING MAINTENANCE AN
IRS990/OtherExpenses/Description1CLIENT SERVICES
IRS990/OtherExpenses/Description2CASE MANAGEMENT
IRS990/OtherExpenses/Description3EQUIPMENT MAINTENANCE A
IRS990/OtherExpenses/Description4BAD DEBT
IRS990/OtherExpenses/Fundraising047
IRS990/OtherExpenses/Fundraising15205
IRS990/OtherExpenses/Fundraising2455
IRS990/OtherExpenses/ManagementAndGeneral0468
IRS990/OtherExpenses/ManagementAndGeneral117778
IRS990/OtherExpenses/ManagementAndGeneral21952
IRS990/OtherExpenses/ManagementAndGeneral315453
IRS990/OtherExpenses/ProgramServices0357574
IRS990/OtherExpenses/ProgramServices1129222
IRS990/OtherExpenses/ProgramServices263667
IRS990/OtherExpenses/ProgramServices334860
IRS990/OtherExpenses/Total0358089
IRS990/OtherExpenses/Total1152205
IRS990/OtherExpenses/Total263667
IRS990/OtherExpenses/Total337267
IRS990/OtherExpenses/Total415453
IRS990/OtherLiabilities/BOY015172
IRS990/OtherLiabilities/EOY020110
IRS990/OtherRevenueCurrentYear021856
IRS990/OtherRevenueMisc/BusinessCode0900099
IRS990/OtherRevenueMisc/Description0MISCELLANEOUS
IRS990/OtherRevenueMisc/RelatedOrExemptFunctionIncome05806
IRS990/OtherRevenueMisc/TotalRevenueColumn05806
IRS990/OtherRevenuePriorYear06944
IRS990/OtherSalariesAndWages/Fundraising060748
IRS990/OtherSalariesAndWages/ManagementAndGeneral080015
IRS990/OtherSalariesAndWages/ProgramServices0279346
IRS990/OtherSalariesAndWages/Total0420109
IRS990/OtherWebsite0X
IRS990/PartialLiquidation00
IRS990/PayrollTaxes/Fundraising06142
IRS990/PayrollTaxes/ManagementAndGeneral08091
IRS990/PayrollTaxes/ProgramServices028246
IRS990/PayrollTaxes/Total042479

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$14.1$3.19$10.9$1.46$1.50$0.04
2023Detailed filing. Detailed filing data is available for this year.$11.3$2.63$8.64$4.95$3.92$1.03
2022Detailed filing. Detailed filing data is available for this year.$10.4$2.79$7.61$5.59$4.46$1.13
2021Detailed filing. Detailed filing data is available for this year.$8.99$2.51$6.48$5.24$4.59$0.65
2020Detailed filing. Detailed filing data is available for this year.$8.32$2.49$5.83$3.92$2.85$1.06
2019Detailed filing. Detailed filing data is available for this year.$7.34$2.58$4.76$3.00$2.72$0.27
2018Detailed filing. Detailed filing data is available for this year.$7.26$2.77$4.49$3.08$2.71$0.37
2017Detailed filing. Detailed filing data is available for this year.$6.75$2.63$4.12$2.93$2.63$0.29
2016Detailed filing. Detailed filing data is available for this year.$6.05$2.23$3.82$2.47$2.35$0.12
2015Detailed filing. Detailed filing data is available for this year.$5.19$1.46$3.73$2.24$2.25$0.01
2014Detailed filing. Detailed filing data is available for this year.$5.59$1.85$3.74$2.92$2.38$0.54
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.81$1.61$3.20$2.18
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.20$1.79$3.41$2.39
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.54$1.67$2.87$2.12
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.24$1.03$2.22$1.62
Peer Organizations

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