Civic Intelligence

Hope Gagnon Housing Corporation

EIN 52-1535534 • 501(c)3 • Oxon Hill, MD

Profile

To provide affordable housing to the elderly and disabled under section 202 of the national affordable housing act.

6188 Oxon Hill Road No 700Oxon Hill, MD 20745-3151

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

91st percentile

0.76x

Higher debt load relative to assets than 91% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

96th percentile

1.74x

Higher debt load relative to revenue than 96% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

65th percentile

11%

Higher net margin than 65% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

51st percentile

-1.3%

Faster asset growth than 51% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

36th percentile

-17%

Faster revenue growth than 36% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$297,351

Down $4,047 (-1.3%) from 2023

Liabilities

Down

$227,397

Down $18,667 (-7.6%) from 2023

Net Assets

Up

$69,954

Up $14,620 (+26%) from 2023

Revenue

Down

$130,956

Down $26,361 (-17%) from 2023

Expenses

Down

$116,336

Down $26,215 (-18%) from 2023

Net Income

Down

$14,620

Down $146 (-1.0%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0-$200KAssets 2010: $465,269Liabilities 2010: $482,100Net Assets 2010: -$16,8312010Assets 2011: $452,657Liabilities 2011: $437,063Net Assets 2011: $15,5942011Assets 2012: $482,098Liabilities 2012: $449,550Net Assets 2012: $32,5482012Assets 2013: $559,538Liabilities 2013: $420,906Net Assets 2013: $138,6322013Assets 2014: $531,773Liabilities 2014: $412,049Net Assets 2014: $119,7242014Assets 2015: $507,968Liabilities 2015: $394,525Net Assets 2015: $113,4432015Assets 2016: $505,935Liabilities 2016: $381,426Net Assets 2016: $124,5092016Assets 2017: $465,611Liabilities 2017: $363,776Net Assets 2017: $101,8352017Assets 2018: $438,394Liabilities 2018: $346,397Net Assets 2018: $91,9972018Assets 2019: $398,515Liabilities 2019: $338,120Net Assets 2019: $60,3952019Assets 2020: $383,112Liabilities 2020: $311,715Net Assets 2020: $71,3972020Assets 2021: $355,546Liabilities 2021: $291,243Net Assets 2021: $64,3032021Assets 2022: $326,184Liabilities 2022: $285,616Net Assets 2022: $40,5682022Assets 2023: $301,398Liabilities 2023: $246,064Net Assets 2023: $55,3342023Assets 2024: $297,351Liabilities 2024: $227,397Net Assets 2024: $69,9542024

Highlighted filing

2024

Assets$297,351
Liabilities$227,397
Net Assets$69,954

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$100K$0-$100KRevenue 2010: $150,493Expenses 2010: $128,850Net Income 2010: $21,6432010Revenue 2011: $160,108Expenses 2011: $127,683Net Income 2011: $32,4252011Revenue 2012: $148,620Expenses 2012: $131,666Net Income 2012: $16,9542012Expenses 2013: $136,0462013Revenue 2014: $159,508Expenses 2014: $167,446Net Income 2014: -$7,9382014Revenue 2015: $156,488Expenses 2015: $162,769Net Income 2015: -$6,2812015Revenue 2016: $158,800Expenses 2016: $147,734Net Income 2016: $11,0662016Revenue 2017: $134,207Expenses 2017: $156,881Net Income 2017: -$22,6742017Revenue 2018: $161,498Expenses 2018: $171,336Net Income 2018: -$9,8382018Revenue 2019: $161,395Expenses 2019: $192,997Net Income 2019: -$31,6022019Revenue 2020: $167,095Expenses 2020: $156,093Net Income 2020: $11,0022020Revenue 2021: $150,527Expenses 2021: $157,621Net Income 2021: -$7,0942021Revenue 2022: $154,055Expenses 2022: $177,790Net Income 2022: -$23,7352022Revenue 2023: $157,317Expenses 2023: $142,551Net Income 2023: $14,7662023Revenue 2024: $130,956Expenses 2024: $116,336Net Income 2024: $14,6202024

Highlighted filing

2024

Revenue$130,956
Expenses$116,336
Net Income$14,620

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.97$2.27$0.70$1.31$1.16$0.15
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.01$2.46$0.55$1.57$1.43$0.15
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.26$2.86$0.41$1.54$1.78$0.24
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.56$2.91$0.64$1.51$1.58$0.07
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.83$3.12$0.71$1.67$1.56$0.11
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.99$3.38$0.60$1.61$1.93$0.32
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.38$3.46$0.92$1.61$1.71$0.10
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.66$3.64$1.02$1.34$1.57$0.23
2016Detailed filing. Detailed filing data is available for this year.$5.06$3.81$1.25$1.59$1.48$0.11
2015Detailed filing. Detailed filing data is available for this year.$5.08$3.95$1.13$1.56$1.63$0.06
2014Summary only. Only limited summary data is available for this year.$5.32$4.12$1.20$1.60$1.67$0.08
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.60$4.21$1.39$1.36
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.82$4.50$0.33$1.49$1.32$0.17
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.53$4.37$0.16$1.60$1.28$0.32
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.65$4.82$0.17$1.50$1.29$0.22
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2019 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Jun 9, 2020
Return Version
2018v3.1
Gross Receipts
$161,395
Mission and Program Overview

Mission

To provide affordable housing to the elderly and disabled under section 202 of the national affordable housing act.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$290,037$275,927▼ $14,110
Prepaid Expenses and Deferred Charges$3,669$3,384▼ $285
Cash and Non-Interest-Bearing Accounts$176$720▲ $544
Accounts Receivable$1,956$447▼ $1,509
Total Assets$438,394$398,515▼ $39,879
Other Assets Total$142,556$118,037▼ $24,519
Liabilities
Mortgage Notes Payable Secured by Investment Property$333,838$315,248▼ $18,590
Accounts Payable and Accrued Expenses$9,377$18,701▲ $9,324
Escrow Account Liability$3,182$4,149▲ $967
Deferred Revenue-$22-
Total Liabilities$346,397$338,120▼ $8,277
Net Assets / Fund Balance
Unrestricted Net Assets$91,997$60,395▼ $31,602
Total Net Assets Fund Balance$91,997$60,395▼ $31,602
Total Liabilities and Net Assets / Fund Balance$438,394$398,515▼ $39,879

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$148,952$450,094$599,046
Land$125,298-$125,298
Equipment$1,677$8,391$10,068
Other Assets Org$4,268--
Compensation and Service Providers

Employees

NameTitleOtherTotal
Donna HurleyPresident$83,810$83,810

Board Members and Trustees

NameTitle
Antoine M ThompsonChair
Doris Canty-brownDirector
Jacqueline GoodallDirector
L'TANYA BROWNDirector
Robert VricellaDirector
Tonya MccrayDirector (until 1/15/19)
Melanie Murray Mfume EsqDirector (until 4/30/19)
Zeno St CyrActing Treasurer
Katherine CarterSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$161,366
Investment Income
$29
Other Revenue
$0
Change in Net Assets
$-31,602

Audited Revenue Reconciliation

Revenue per Audited Statements
$161,395
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$161,395
Total Revenue per Form 990
$161,395
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$192,997
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$61,133--$61,133
Depreciation Depletion$19,690--$19,690
Fees for Services Accounting-$14,418-$14,418
Fees for Services Management-$9,515-$9,515
Office Expenses-$3,452-$3,452
Fees for Services Legal-$2,243-$2,243
Fees for Services Other-$1,412-$1,412
Other Expenses$810$2,579-$810
Total Functional Expenses$159,378$33,619$0$192,997

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$192,997
Total Expenses per Audited Statements$192,997
Total Expenses per Form 990$192,997
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

The entity is managed by l. Hayes & associates, inc., an unrelated management services corporation, pursuant to an agreement approved by hud. The fee is calculated as $52.86 per unit per month. Management fees totaling $9,515 were incurred during the fiscal year ending june 30, 2019. No board members are compensated by the management company.

Form 990, Part VI, Section A, Line 8B

The board acted as a whole on all matters and no committee was appointed during the fiscal year.

Form 990, Part VI, Section B, Line 11B

Hope gagnon housing corporation has its form 990 prepared by an outside accounting firm and has established the following review process to ensure that the information reported is complete and accurate. When the form 990 has been prepared, reviewed by management and is ready to be filed with the internal revenue service, it is electronically sent to the board for approval. Once the board has approved the return it is filed with the internal revenue service.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Hope Gagnon Housing Corporation
EIN
52-1535534
Phone
3015673330
Address
6188 OXON HILL ROAD NO 700, OXON HILL, MD 20745-3151

Signing Officer

Name
Donna Hurley
Title
President
Phone
3015673330
Signed
2020-06-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Donna Hurley
Formed
1980
Legal Domicile
Md
Voting Board Members
8
Independent Board Members
7
Employees
0
Volunteers
8

Preparer

Firm
PKF O'CONNOR DAVIES LLP
Address
665 FIFTH AVENUE, NEW YORK, NY 10022
Preparer
Garrett M Higgins
Phone
2122862600
Supplemental Narrative

Financial Statement Notes

PART IV, LINE 2B:

The organization holds security deposits for tenants in an escrow account. These deposits are returned to the tenants once they move out of the apartment.

PART X, LINE 2:

The entity recognizes the effect of income tax positions only if those positions are more likely than not to be sustained. Management has determined that the entity had no uncertain tax positions that would require financial statement recognition or disclosure. The entity is no longer subject to examinations by the applicable taxing jurisdictions for periods prior to june 30, 2016.

Raw XML AppendixShowing 400 of 489 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE AFFORDABLE HOUSING TO THE ELDERLY AND DISABLED UNDER SECTION 202 OF THE NATIONAL AFFORDABLE HOUSING ACT.
IRS990/AuditCommitteeInd00
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IRS990/Desc0MELWOOD-GAGNON HOUSING CORPORATION WAS A MARYLAND CORPORATION ORGANIZED IN 1980 FOR THE PURPOSE OF CONSTRUCTING AND OPERATING FIVE GROUP HOMES CONSISTING OF 15 UNITS FOR THE ELDERLY AND DISABLED IN PRINCE GEORGE'S COUNTY, MARYLAND. EFFECTIVE JULY 2013, THE ARTICLES OF INCORPORATION WERE AMENDED TO REFLECT A TRANSFER OF THE BOARD OF DIRECTORS AND TO CHANGE THE NAME OF THE ENTITY TO H.O.P.E. GAGNON HOUSING CORPORATION. THE ENTITY RECEIVES ASSISTANCE UNDER PROVISIONS OF SECTION 202 OF THE NATIONAL AFFORDABLE HOUSING ACT. SUCH PROJECTS ARE REGULATED BY THE UNITED STATES DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT AS TO RENT CHARGES AND OPERATING METHODS.
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IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR (UNTIL 1/15/19)
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR (UNTIL 4/30/19)
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IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE AFFORDABLE HOUSING TO THE ELDERLY AND DISABLED UNDER SECTION 202 OF THE NATIONAL AFFORDABLE HOUSING ACT.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0333838
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0315248
IRS990/NetAssetsOrFundBalancesBOYAmt091997
IRS990/NetAssetsOrFundBalancesEOYAmt060395
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt061133
IRS990/OccupancyGrp/TotalAmt061133
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt03452
IRS990/OfficeExpensesGrp/TotalAmt03452
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0142556
IRS990/OtherAssetsTotalGrp/EOYAmt0118037
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc1ALLOCATED SALARIES
IRS990/OtherExpensesGrp/Desc2MISC. ADMIN EXPENSES
IRS990/OtherExpensesGrp/Desc3TAXES AND LICENSES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02579
IRS990/OtherExpensesGrp/ProgramServicesAmt065641
IRS990/OtherExpensesGrp/ProgramServicesAmt112104
IRS990/OtherExpensesGrp/ProgramServicesAmt2810
IRS990/OtherExpensesGrp/TotalAmt065641
IRS990/OtherExpensesGrp/TotalAmt112104
IRS990/OtherExpensesGrp/TotalAmt22579
IRS990/OtherExpensesGrp/TotalAmt3810
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt03669
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03384
IRS990/PrincipalOfficerNm0DONNA HURLEY
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0161366
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0161366
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt034
IRS990/PYOtherExpensesAmt0171336
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0161464
IRS990/PYRevenuesLessExpensesAmt0-9838
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0171336
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0161498
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-31602
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0161366
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt029
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt034
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt035
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt036
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt036
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0170
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0161366
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0161464
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0134172
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0158764
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0156452
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0772218
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt029
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt034
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt035
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt036
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt036
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0170
IRS990ScheduleA/InvestmentIncomeCYPct00.00020
IRS990ScheduleA/InvestmentIncomePYPct00.00020
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99980
IRS990ScheduleA/PublicSupportPY509Pct00.99980
IRS990ScheduleA/PublicSupportTotal509Amt0772218
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0161366
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0161464
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0134172
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0158764
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0156452
IRS990ScheduleA/Total509Grp/TotalAmt0772218
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0161395
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0161498
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0134207
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0158800
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0156488
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0772388
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0148952
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0450094
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0599046
IRS990ScheduleD/EquipmentGrp/BookValueAmt01677
IRS990ScheduleD/EquipmentGrp/DepreciationAmt08391
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt010068
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0192997
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/LandGrp/BookValueAmt0125298
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0125298
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0113769
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt14268
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RESTRICTED DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0161395
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HOLDS SECURITY DEPOSITS FOR TENANTS IN AN ESCROW ACCOUNT. THESE DEPOSITS ARE RETURNED TO THE TENANTS ONCE THEY MOVE OUT OF THE APARTMENT.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE ENTITY RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE ENTITY HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE ENTITY IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO JUNE 30, 2016.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART IV, LINE 2B:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0275927
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0118037
IRS990ScheduleD/TotalExpensesPerForm990Amt0192997
IRS990ScheduleD/TotalRevenuePerForm990Amt0161395
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0161395
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0192997
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ENTITY IS MANAGED BY L. HAYES & ASSOCIATES, INC., AN UNRELATED MANAGEMENT SERVICES CORPORATION, PURSUANT TO AN AGREEMENT APPROVED BY HUD. THE FEE IS CALCULATED AS $52.86 PER UNIT PER MONTH. MANAGEMENT FEES TOTALING $9,515 WERE INCURRED DURING THE FISCAL YEAR ENDING JUNE 30, 2019. NO BOARD MEMBERS ARE COMPENSATED BY THE MANAGEMENT COMPANY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD ACTED AS A WHOLE ON ALL MATTERS AND NO COMMITTEE WAS APPOINTED DURING THE FISCAL YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2HOPE GAGNON HOUSING CORPORATION HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. WHEN THE FORM 990 HAS BEEN PREPARED, REVIEWED BY MANAGEMENT AND IS READY TO BE FILED WITH THE INTERNAL REVENUE SERVICE, IT IS ELECTRONICALLY SENT TO THE BOARD FOR APPROVAL. ONCE THE BOARD HAS APPROVED THE RETURN IT IS FILED WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0HOUSING OPTIONS & PLANNING ENTERPRISESINC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt1HOUSING OPTIONS & PLANNING ENTERPRISESINC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0HOPE MUDD HOUSING INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1HOPE WERNER HOUSING INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2HOUSING OPTIONS & PLANNING ENTERPRISESINC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0753017155
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1522214807
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN2202526058
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt2501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1MD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd2MD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0PROVIDING AFFORDABLE HOUSING TO THE ELDERLY AND DISABLED UNDER SECTION 811
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1PROVIDING AFFORDABLE HOUSING TO THE ELDERLY AND DISABLED UNDER SECTION 811
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt2PROVIDING HOUSING COUNSELING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1LINE 10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt2LINE 10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt06188 OXON HILL ROAD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt16188 OXON HILL ROAD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt26188 OXON HILL ROAD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0OXON HILL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1OXON HILL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm2OXON HILL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1MD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd2MD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd020745
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd120745
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd220745
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00

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