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Houston Area Community Development Corporation
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Houston Area Community Development Corporation
Houston, TX, US
•
501(c)3
•
EIN
76-0380705
•
www.newhopehousing.com
•
Regional Funder
Houston Area Community Development Corporation
Sign up to claim this org
Houston, TX, US
•
501(c)3
•
EIN
76-0380705
•
www.newhopehousing.com
•
Regional Funder
Overview
Programs
990s
Income Statement
Balance Sheet
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Balance Sheet
Fiscal Year Start:
Jan 1
Assets in
2024
(Year End)
$104,793,654
Investments
55%
Property, Plant, & Equipment (net)
23%
Other Assets
21%
Cash & Equivalents
<1%
Receivables (Non-Related)
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in
2024
(Year End)
$49,696,564
Other Liabilities
75%
Payables & Accruals
25%
Deferred Revenue
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$530,816
$663,708
+25%
Receivables (Non-Related)
$1,518,036
$228,407
-85%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$42,339
$52,341
+24%
Investments
$57,205,662
$57,828,965
+1%
Property, Plant, & Equipment (net)
$29,967,821
$24,348,133
-19%
Other Assets
$9,005,255
$21,672,100
+141%
Total Assets
$98,269,929
$104,793,654
+7%
Liabilities
2023
2024
Change
Payables & Accruals
$5,263,475
$12,517,313
+138%
Grants Payable
-
-
-
Deferred Revenue
$106,635
$71,435
-33%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$36,754,790
$37,107,816
+1%
Total Liabilities
$42,124,900
$49,696,564
+18%
Net assets
2023
2024
Change
Restricted Net Assets
$0
-
-
Unrestricted Net Assets
$56,145,029
$55,097,090
-2%
Net assets
2023
2024
Change
Net assets
+$56,145,029
+$55,097,090
-2%
Balance Sheet
