CENTRE FOR HOMEOWNERSHIP & ECONOMIC DEVELOPMENT

CENTRE FOR HOMEOWNERSHIP & ECONOMIC DEVELOPMENT

Hillsborough, NC, US
501(c)3
EIN
27-2691355

CENTRE FOR HOMEOWNERSHIP & ECONOMIC DEVELOPMENT

Hillsborough, NC, US
501(c)3
EIN
27-2691355

Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)

$896,680

Cash & Equivalents
65%
Property, Plant, & Equipment (net)
20%
Receivables (Non-Related)
11%
Other Assets
3%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Liabilities in 2024 (Year End)

$402,789

Notes Payable / Debt (Non-Related)
67%
Other Liabilities
21%
Payables & Accruals
12%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$648,081
$587,312
-9%
Receivables (Non-Related)
$86,561
$102,570
+18%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$173,141
$176,585
+2%
Other Assets
$29,026
$30,213
+4%
Total Assets
$936,809
$896,680
-4%
Liabilities
2023
2024
Change
Payables & Accruals
$44,728
$48,849
+9%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$278,444
$268,062
-4%
Related-Party Payables
-
-
-
Other Liabilities
$29,203
$85,878
+194%
Total Liabilities
$352,375
$402,789
+14%
Net assets
2023
2024
Change
Restricted Net Assets
$194,860
$188,608
-3%
Unrestricted Net Assets
$389,574
$305,283
-22%
Net assets
2023
2024
Change
Net assets
+$584,434
+$493,891
-15%
Balance Sheet
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