Civic Intelligence

Greensboro Housing Development Partnership Inc.

990 • Fiscal year 2025 • EIN 56-1756170

Jul 01, 2024 to Jun 30, 2025 • Filed on Nov 06, 2025

Organization ProfileWWW.GREENSBORO-NC.GOV
PO Box 3136Greensboro, NC 27402

(336) 373-4146

Siviq Scores

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

Liabilities / Assets

69th percentile

1.02x

Higher debt load relative to assets than 69% of similar nonprofits.

2025 filings • NTEE L • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

82nd percentile

6.84x

Higher debt load relative to revenue than 82% of similar nonprofits.

2025 filings • NTEE L • $1M-$5M nonprofits • Source year 2025

Net Margin

55th percentile

-0.0%

Higher net margin than 55% of similar nonprofits.

2025 filings • NTEE L • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

52nd percentile

$0

Higher top officer pay than 52% of similar nonprofits.

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

2025 filings • NTEE L • $1M-$5M nonprofits • Source year 2025

Asset Growth

2nd percentile

-25%

Faster asset growth than 2% of similar nonprofits.

2025 filings • NTEE L • $1M-$5M nonprofits • Annualized from 2023 to 2025

Revenue Growth

15th percentile

-12%

Faster revenue growth than 15% of similar nonprofits.

2025 filings • NTEE L • $1M-$5M nonprofits • Annualized from 2023 to 2025

Balance Sheet
Liabilities / Assets69th percentile

Assets

Down

$1,049,942

Down $809,794 (-44%) from 2023

Net Assets

Down

-$17,527

Down $1 (-0.0%) from 2023

Liabilities

Down

$1,067,469

Down $809,793 (-43%) from 2023

Revenue And Expenses
Liabilities / Revenue82nd percentileNet Margin55th percentile

Revenue

Down

$156,000

Down $44,870 (-22%) from 2023

Expenses

Down

$156,001

Down $44,869 (-22%) from 2023

Net Income

Down

-$1

Down $1 from 2023

Historical Trend

Balance Sheet Trend

Asset Growth2nd percentile

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

$3.0M$2.0M$1.0M$0-$1.0MAssets 2011: $2,591,146Liabilities 2011: $2,514,223Net Assets 2011: $76,9232011Assets 2012: $2,560,551Liabilities 2012: $2,499,917Net Assets 2012: $60,6342012Assets 2013: $2,566,198Liabilities 2013: $2,521,045Net Assets 2013: $45,1532013Assets 2014: $2,520,000Liabilities 2014: $2,487,284Net Assets 2014: $32,7162014Assets 2015: $2,631,798Liabilities 2015: $2,621,579Net Assets 2015: $10,2192015Assets 2016: $2,412,106Liabilities 2016: $2,398,057Net Assets 2016: $14,0492016Assets 2017: $2,360,190Liabilities 2017: $2,358,211Net Assets 2017: $1,9792017Assets 2018: $2,339,467Liabilities 2018: $2,347,711Net Assets 2018: -$8,2442018Assets 2019: $2,326,140Liabilities 2019: $2,343,796Net Assets 2019: -$17,6562019Assets 2020: $2,141,870Liabilities 2020: $2,170,054Net Assets 2020: -$28,1842020Assets 2021: $2,097,029Liabilities 2021: $2,114,555Net Assets 2021: -$17,5262021Assets 2022: $1,953,052Liabilities 2022: $1,970,578Net Assets 2022: -$17,5262022Assets 2023: $1,859,736Liabilities 2023: $1,877,262Net Assets 2023: -$17,5262023Assets 2025: $1,049,942Liabilities 2025: $1,067,469Net Assets 2025: -$17,5272025

Highlighted filing

2025

Assets$1,049,942
Liabilities$1,067,469
Net Assets-$17,527
Open 2025 Filing

Operations Trend

Revenue Growth15th percentile

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

$300K$200K$100K$0-$100KRevenue 2011: $2,875Expenses 2011: $19,655Net Income 2011: -$16,7802011Revenue 2012: $750Expenses 2012: $17,039Net Income 2012: -$16,2892012Revenue 2013: $12,900Expenses 2013: $28,381Net Income 2013: -$15,4812013Revenue 2014: $625Expenses 2014: $13,062Net Income 2014: -$12,4372014Revenue 2015: $2,500Expenses 2015: $15,397Net Income 2015: -$12,8972015Revenue 2016: $216,425Expenses 2016: $212,595Net Income 2016: $3,8302016Revenue 2017: $17,000Expenses 2017: $29,070Net Income 2017: -$12,0702017Revenue 2018: $20,063Expenses 2018: $30,286Net Income 2018: -$10,2232018Revenue 2019: $325Expenses 2019: $9,737Net Income 2019: -$9,4122019Revenue 2020: $0Expenses 2020: $10,528Net Income 2020: -$10,5282020Revenue 2021: $108,800Expenses 2021: $108,800Net Income 2021: $02021Revenue 2022: $116,829Expenses 2022: $116,829Net Income 2022: $02022Revenue 2023: $200,870Expenses 2023: $200,870Net Income 2023: $02023Revenue 2025: $156,000Expenses 2025: $156,001Net Income 2025: -$12025

Highlighted filing

2025

Revenue$156,000
Expenses$156,001
Net Income-$1
Open 2025 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Nov 6, 2025
Return Version
2024v5.0
Gross Receipts
$156,000
Mission and Program Overview

Mission

To enhance and improve the quantity and quality of low to moderate income housing within guilford county, north carolina

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$201,000$224,442▲ $23,442
Accounts Receivable$16,000--
Total Assets$1,162,500$1,049,942▼ $112,558
Other Assets Total$945,500$825,500▼ $120,000
Liabilities
Other Liabilities$1,180,026$1,067,469▼ $112,557
Total Liabilities$1,180,026$1,067,469▼ $112,557
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-17,526$-17,527▼ $1
Total Net Assets Fund Balance$-17,526$-17,527▼ $1
Total Liabilities and Net Assets / Fund Balance$1,162,500$1,049,942▼ $112,558

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$825,500--
Compensation and Service Providers
Top Officer Pay52nd percentile

Board Members and Trustees

NameTitle
Chester Brown IiiChairman
Michelle KennedyPresident
Carl BrowerVice Chairma
Bruce CanadaDirector
Joe GonzalesDirector
Sandy NeermanDirector
Sharon HightowerDirector
Russ CleggSecretary
James CoxTreasurer
Sue SchwartzVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$156,000
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-1

Audited Revenue Reconciliation

Revenue per Audited Statements
$156,000
Total Revenue per Audited Statements
$156,000
Total Revenue per Form 990
$156,000
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$156,001
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
Fees for Services Legal-$41,854-$41,854
Other Expenses$3,613$596-$596
Total Functional Expenses$113,551$42,450$0$156,001

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$156,001
Total Expenses per Audited Statements$156,001
Total Expenses per Form 990$156,001
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payable to Cit for Willow Oaks$824,446
Payable to City for Ole Ashebor Sing$137,861
Payable to City for Ole Asheboro Mlk$99,662
Payable to Rcg for Properties Sold$5,500
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 7A

“Two positions on the board of directors are reserved for the city of greensboro. One is the city manager or designee and the other one is appointed by the greensboro city council. Additionally, two positions on the board of directors are reserved for the greensboro housing authority (gha). One is the executive director for gha and the other one is appointed by the commissioners of gha”

Form 990, Page 6, Part VI, Line 11B

“The 990 is reviewed by the finance committee and provided to the board of directors for review prior to filing.”

Form 990, Page 6, Part VI, Line 12C

“Annually the conflict of interest policy is presented to the board of directors and are requested to identify any conflicts of interest per our policy and sign the document.”

Form 990, Page 6, Part VI, Line 19

“Governing documents are made available to the public at the organization's office upon written request.”

Filing and Contact Details

Filer

Filer Name
Greensboro Housing Development
EIN
56-1756170
Phone
3363734146
Address
PO BOX 3136, GREENSBORO, NC 27402

Signing Officer

Name
Chester Brown Iii
Title
Chairman
Phone
3363734146
Signed
2025-11-06

Organization Details

Principal Officer
Chester Brown Iii
Legal Domicile
Nc
Voting Board Members
8
Independent Board Members
8
Employees
0

Preparer

Firm
Strickland Hardee Pllc
Address
236 E CENTER ST, LEXINGTON, NC 27292
Preparer
Travis Strickland CPA
Phone
3368434409
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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TWO POSITIONS ON THE BOARD OF DIRECTORS ARE RESERVED FOR THE CITY OF GREENSBORO. ONE IS THE CITY MANAGER OR DESIGNEE AND THE OTHER ONE IS APPOINTED BY THE GREENSBORO CITY COUNCIL. ADDITIONALLY, TWO POSITIONS ON THE BOARD OF DIRECTORS ARE RESERVED FOR THE GREENSBORO HOUSING AUTHORITY (GHA). ONE IS THE EXECUTIVE DIRECTOR FOR GHA AND THE OTHER ONE IS APPOINTED BY THE COMMISSIONERS OF GHA
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 990 IS REVIEWED BY THE FINANCE COMMITTEE AND PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ANNUALLY THE CONFLICT OF INTEREST POLICY IS PRESENTED TO THE BOARD OF DIRECTORS AND ARE REQUESTED TO IDENTIFY ANY CONFLICTS OF INTEREST PER OUR POLICY AND SIGN THE DOCUMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC AT THE ORGANIZATION'S OFFICE UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01162500
IRS990/TotalAssetsEOYAmt01049942
IRS990/TotalAssetsGrp/BOYAmt01162500
IRS990/TotalAssetsGrp/EOYAmt01049942
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt042450
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0113551
IRS990/TotalFunctionalExpensesGrp/TotalAmt0156001
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01180026
IRS990/TotalLiabilitiesEOYAmt01067469
IRS990/TotalLiabilitiesGrp/BOYAmt01180026
IRS990/TotalLiabilitiesGrp/EOYAmt01067469
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-17526
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-17527
IRS990/TotalProgramServiceExpensesAmt0113551
IRS990/TotalProgramServiceRevenueAmt0156000
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0156000
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0156000
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01162500
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01049942
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 930
IRS990/USAddress/CityNm0GREENSBORO
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd027402
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0WWW.GREENSBORO-NC.GOV
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0CHESTER BROWN III
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum03363734146
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GREENSBORO HOUSING DEVELOPMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0PARTNERSHIP INC
ReturnHeader/Filer/BusinessNameControlTxt0GREE
ReturnHeader/Filer/EIN0561756170
ReturnHeader/Filer/PhoneNum03363734146
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 3136
ReturnHeader/Filer/USAddress/CityNm0GREENSBORO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027402
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0850495580
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0STRICKLAND HARDEE PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0236 E CENTER ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LEXINGTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd027292
ReturnHeader/PreparerPersonGrp/PhoneNum03368434409
ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0TRAVIS STRICKLAND CPA
ReturnHeader/ReturnTs02026-01-14T10:30:07-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-07-01
ReturnHeader/TaxPeriodEndDt02025-06-30
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,049,942
Liabilities
$1,067,469
Net assets
-$17,527
Revenue
$156,000
Expenses
$156,001
Net income
-$1
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.05$1.07$0.02$0.16$0.16$0.00
2023Detailed filing. Detailed filing data is available for this year.$1.86$1.88$0.02$0.20$0.20$0.00
2022Detailed filing. Detailed filing data is available for this year.$1.95$1.97$0.02$0.12$0.12$0.00
2021Detailed filing. Detailed filing data is available for this year.$2.10$2.11$0.02$0.11$0.11$0.00
2020Detailed filing. Detailed filing data is available for this year.$2.14$2.17$0.03$0.00$0.01$0.01
2019Detailed filing. Detailed filing data is available for this year.$2.33$2.34$0.02$0.00$0.01$0.01
2018Detailed filing. Detailed filing data is available for this year.$2.34$2.35$0.01$0.02$0.03$0.01
2017Detailed filing. Detailed filing data is available for this year.$2.36$2.36$0.00$0.02$0.03$0.01
2016Detailed filing. Detailed filing data is available for this year.$2.41$2.40$0.01$0.22$0.21$0.00
2015Detailed filing. Detailed filing data is available for this year.$2.63$2.62$0.01$0.00$0.02$0.01
2014Detailed filing. Detailed filing data is available for this year.$2.52$2.49$0.03$0.00$0.01$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.57$2.52$0.05$0.01$0.03$0.02
2012Summary only. Only limited summary data is available for this year.$2.56$2.50$0.06$0.00$0.02$0.02
2011Summary only. Only limited summary data is available for this year.$2.59$2.51$0.08$0.00$0.02$0.02
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2025 filings • NTEE L20 • $1M-$5M nonprofits