Civic Intelligence

Hale Empowerment & Revitalization

EIN 63-1127351 • 501(c)3 • Greensboro, AL

Profile

The organization's mission is to empower families to create change in their built environment through increased accessibility of information and education about homeownership, home repair and rental assistance programs for hale county.

1116 Main StreetGreensboro, AL 36744

herohousing.org

Siviq Scores

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

Liabilities / Assets

39th percentile

0.02x

Higher debt load relative to assets than 39% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

73rd percentile

0.28x

Higher debt load relative to revenue than 73% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Net Margin

7th percentile

-45%

Higher net margin than 7% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

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

501(c)3 • $1M-$5M nonprofits • Source year 2025

Asset Growth

3rd percentile

-59%

Faster asset growth than 3% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

1st percentile

-86%

Faster revenue growth than 1% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Assets

Up

$3,902,795

Up $2,118,415 (+119%) from 2023

Liabilities

Down

$228,738

Down $899,602 (-80%) from 2023

Net Assets

Up

$3,674,057

Up $3,018,017 (+460%) from 2023

Revenue

Up

$881,890

Up $759,096 (+618%) from 2023

Expenses

Up

$129,732

Up $41,456 (+47%) from 2023

Net Income

Up

$752,158

Up $717,640 (+2079%) from 2023

Trend Graphs

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $1,797,852Liabilities 2011: $1,136,714Net Assets 2011: $661,1382011Assets 2012: $2,069,066Liabilities 2012: $1,414,606Net Assets 2012: $654,4602012Assets 2013: $1,679,760Liabilities 2013: $1,053,385Net Assets 2013: $626,3752013Assets 2014: $1,530,881Liabilities 2014: $1,116,234Net Assets 2014: $414,6472014Assets 2015: $1,521,549Liabilities 2015: $1,061,335Net Assets 2015: $460,2142015Assets 2016: $1,698,248Liabilities 2016: $1,268,752Net Assets 2016: $429,4962016Assets 2017: $1,643,838Liabilities 2017: $1,257,253Net Assets 2017: $386,5852017Assets 2018: $1,718,934Liabilities 2018: $1,298,142Net Assets 2018: $420,7922018Assets 2019: $1,923,175Liabilities 2019: $1,262,926Net Assets 2019: $660,2492019Assets 2020: $1,860,596Liabilities 2020: $1,248,957Net Assets 2020: $611,6392020Assets 2021: $1,808,669Liabilities 2021: $1,231,037Net Assets 2021: $577,6322021Assets 2023: $1,784,380Liabilities 2023: $1,128,340Net Assets 2023: $656,0402023Assets 2024: $3,902,795Liabilities 2024: $228,738Net Assets 2024: $3,674,0572024

Highlighted filing

2024

Assets$3,902,795
Liabilities$228,738
Net Assets$3,674,057

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $2,159,5382011Expenses 2012: $2,640,3862012Revenue 2013: $3,133,539Expenses 2013: $3,161,624Net Income 2013: -$28,0852013Revenue 2014: $1,467,897Expenses 2014: $1,676,217Net Income 2014: -$208,3202014Revenue 2015: $1,367,904Expenses 2015: $1,326,289Net Income 2015: $41,6152015Revenue 2016: $1,315,031Expenses 2016: $1,345,792Net Income 2016: -$30,7612016Revenue 2017: $760,168Expenses 2017: $782,524Net Income 2017: -$22,3562017Revenue 2018: $661,078Expenses 2018: $627,071Net Income 2018: $34,0072018Revenue 2019: $879,617Expenses 2019: $916,838Net Income 2019: -$37,2212019Revenue 2020: $377,171Expenses 2020: $438,472Net Income 2020: -$61,3012020Revenue 2021: $405,893Expenses 2021: $378,413Net Income 2021: $27,4802021Revenue 2023: $122,794Expenses 2023: $88,276Net Income 2023: $34,5182023Revenue 2024: $881,890Expenses 2024: $129,732Net Income 2024: $752,1582024

Highlighted filing

2024

Revenue$881,890
Expenses$129,732
Net Income$752,158

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.90$0.23$3.67$0.88$0.13$0.75
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.78$1.13$0.66$0.12$0.09$0.03
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.81$1.23$0.58$0.41$0.38$0.03
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.86$1.25$0.61$0.38$0.44$0.06
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.92$1.26$0.66$0.88$0.92$0.04
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.72$1.30$0.42$0.66$0.63$0.03
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.64$1.26$0.39$0.76$0.78$0.02
2016Detailed filing. Detailed filing data is available for this year.$1.70$1.27$0.43$1.32$1.35$0.03
2015Detailed filing. Detailed filing data is available for this year.$1.52$1.06$0.46$1.37$1.33$0.04
2014Detailed filing. Detailed filing data is available for this year.$1.53$1.12$0.41$1.47$1.68$0.21
2013Summary only. Only limited summary data is available for this year.$1.68$1.05$0.63$3.13$3.16$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.07$1.41$0.65$2.64
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.80$1.14$0.66$2.16
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
Oct 1, 2018 to Sep 30, 2019
Signed
Jun 10, 2019
Return Version
2018v3.2
Gross Receipts
$879,617
Mission and Program Overview

Mission

Hero works as a catalyst for community development to end rural poverty in the alabama black belt. As a non-profit, hero provides economic development, community resources, housing education, and affordable housing construction. When funding is available we also provide yout programming.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,044,913$1,140,304▲ $95,391
Other Notes and Loans Receivable, Net$13,125$173,186▲ $160,061
Cash and Non-Interest-Bearing Accounts$140,131$81,405▼ $58,726
Pledges and Grants Receivable$61,507$56,236▼ $5,271
Intangible Assets$10,125$5,625▼ $4,500
Total Assets$1,718,934$1,923,175▲ $204,241
Other Assets Total$449,133$466,419▲ $17,286
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,140,265$1,156,989▲ $16,724
Accounts Payable and Accrued Expenses$24,760$33,707▲ $8,947
Escrow Account Liability-$32,593-
Deferred Revenue$123,921$30,650▼ $93,271
Other Liabilities$9,196$8,987▼ $209
Total Liabilities$1,298,142$1,262,926▼ $35,216
Net Assets / Fund Balance
Unrestricted Net Assets$354,528$520,449▲ $165,921
Temporarily Rstr Net Assets-$73,536-
Permanently Rstr Net Assets$66,264$66,264→ $0
Total Net Assets Fund Balance$420,792$660,249▲ $239,457
Total Liabilities and Net Assets / Fund Balance$1,718,934$1,923,175▲ $204,241

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$908,118$517,586$1,425,704
Buildings$120,548$29,277$149,825
Land$110,927-$110,927
Equipment$711$46,244$46,955
Other Assets Org$466,419--
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$735,509
Program Service Revenue
$144,108
Investment Income
$0
Other Revenue
$0
All Other Contributions
$4,560
Change in Net Assets
$-37,221
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$719,005
Salaries, Compensation, and Employee Benefits$197,833
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$185,274--$185,274
Occupancy$60,187--$60,187
Depreciation Depletion$36,664$775-$37,439
Interest$30,601$4,635-$35,236
All Other Expenses$17,706$5,743-$23,449
Other Expenses$15,460--$15,460
Payroll Taxes$12,559--$12,559
Insurance-$9,091-$9,091
Fees for Services Management-$7,059-$7,059
Travel$5,688--$5,688
Fees for Services Legal-$5,426-$5,426
Fees for Services Accounting-$5,045-$5,045
Office Expenses-$1,045-$1,045
Advertising$632--$632
Total Functional Expenses$878,019$38,819$0$916,838
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
Payroll$8,987
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
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
Yes
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
No

Governance Explanations

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

Certain nominated board members and management are required to review and approve of the form 990 and the related filings prior to the returns being submitted.

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

All board members and employees are required to immediately disclose any relationship that may potentially give rise to a conflict of interest.

Form 990, Page 6, Part VI, Line 15A

Compensation of management and kep employees is discussed and approved of by the board after careful review. Compensation is reviewed annualy.

Form 990, Page 6, Part VI, Line 19

The organziation makes available to the public its governing documents, policies and prcedures, and financial statement upon request.

Filing and Contact Details

Filer

Filer Name
Hale Empowerment & Revitalzation
EIN
63-1127351
Phone
3346240842
Address
1116 MAIN STREET, GREENSBORO, AL 36744
Doing Business As
Hero

Signing Officer

Name
Greg Hughey
Title
Chairman
Phone
3346240842
Signed
2019-06-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Greg Hughey
Formed
1994
Legal Domicile
Al
Voting Board Members
8
Independent Board Members
8
Employees
12
Volunteers
12

Preparer

Firm
Steven L Kirk CPA LLC
Address
1209 MAIN ST, GREENSBORO, AL 36744-1502
Preparer
Steven L Kirk
Phone
3346243441
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Hero works as a catalyst for community development to end rural poverty in the alabama black belt. As a non-profit, hero provides economic development, community resources, housing education, and affordable housing construction. When funding is available we also provide yout programming.

Form 990, Page 2, Part III, Line 4D

SAME AS 1

Form 990, Part XI, Line 9

Book / tax depreciation difference 180

Raw XML AppendixShowing 400 of 404 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0HERO WORKS AS A CATALYST FOR COMMUNITY DEVELOPMENT TO END RURAL POVERTY IN THE ALABAMA BLACK BELT. AS A NON-PROFIT, HERO PROVIDES ECONOMIC DEVELOPMENT, COMMUNITY RESOURCES, HOUSING EDUCATION, AND AFFORDABLE HOUSING CONSTRUCTION. WHEN FUNDING IS AVAILABLE WE ALSO PROVIDE YOUT PROGRAMMING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1SAME AS 1
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CERTAIN NOMINATED BOARD MEMBERS AND MANAGEMENT ARE REQUIRED TO REVIEW AND APPROVE OF THE FORM 990 AND THE RELATED FILINGS PRIOR TO THE RETURNS BEING SUBMITTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL BOARD MEMBERS AND EMPLOYEES ARE REQUIRED TO IMMEDIATELY DISCLOSE ANY RELATIONSHIP THAT MAY POTENTIALLY GIVE RISE TO A CONFLICT OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COMPENSATION OF MANAGEMENT AND KEP EMPLOYEES IS DISCUSSED AND APPROVED OF BY THE BOARD AFTER CAREFUL REVIEW. COMPENSATION IS REVIEWED ANNUALY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANZIATION MAKES AVAILABLE TO THE PUBLIC ITS GOVERNING DOCUMENTS, POLICIES AND PRCEDURES, AND FINANCIAL STATEMENT UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6BOOK / TAX DEPRECIATION DIFFERENCE 180
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
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IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0879617
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IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02021-01-29 14:40:06Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0GREG HUGHEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum03346240842
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-06-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HALE EMPOWERMENT & REVITALZATION
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ORGANIZATION INC
ReturnHeader/Filer/BusinessNameControlTxt0HALE
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ReturnHeader/Filer/PhoneNum03346240842
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ReturnHeader/FilingSecurityInformation/IPDt02020-06-15
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ReturnHeader/FilingSecurityInformation/IPTm016:02:27
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0831444107
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0STEVEN L KIRK CPA LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01209 MAIN ST
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ReturnHeader/PreparerPersonGrp/PreparationDt02020-06-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STEVEN L KIRK
ReturnHeader/ReturnTs02020-06-15T16:02:27-05:00

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