Overview

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Est.

1976

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

Innovative Housing Opportunities Inc is an award-winning nonprofit developer focused on creating affordable, permanent rental, mixed-income, and mixed-use housing communities. With an operating budget of $3.7 million and total revenue of $12.3 million for the 2024 filing year, the organization relies on significant support from top funders including American Online Giving Foundation Inc and Wells Fargo Foundation. Innovative Housing Opportunities Inc does not depend on any single funder for 50% or more of its revenue. For more information, visit www.ihocommunities.org.

Mission Statement

IHO IS AN AWARD-WINNING NONPROFTI DEVELOPER OF AFFORDABLE, PERMANENT RENTAL, MIXED INCOME,AND MIXED-USE HOUSING COMMUNITIES.
Revenues
$12.3M
Expenses
$3.7M
Net Income:
+$8.6M
Assets
$16.6M
Liabilities
$2.6M
Net Assets:
+$14M
Operating Budget
$3.7M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
6
Median grant size
$40K
Largest grant received
$60K
R
Rochelle Mills
Board Member
E
Ezra Bolds
Board Member
B
Brandon McCall
Board Member

Frequently Asked Questions

What is INNOVATIVE HOUSING OPPORTUNITIES INC’s budget?
In 2024, INNOVATIVE HOUSING OPPORTUNITIES INC reported an annual operating budget of around $3.7 million. More detailed financial information is available to registered users.
What causes does INNOVATIVE HOUSING OPPORTUNITIES INC support?
INNOVATIVE HOUSING OPPORTUNITIES INC supports work in Rehabilitation and Construction.
Where does INNOVATIVE HOUSING OPPORTUNITIES INC operate?
INNOVATIVE HOUSING OPPORTUNITIES INC is headquartered in Santa Ana, CA.
Who funded INNOVATIVE HOUSING OPPORTUNITIES INC recently?
In 2024, INNOVATIVE HOUSING OPPORTUNITIES INC received grants from SISTERS OF ST JOSEPH HEALTHCARE FOUNDATION, Banc of California Charitable Foundation, and Wells Fargo Foundation. More information on this organization’s funders is available to registered users.
What is the largest grant INNOVATIVE HOUSING OPPORTUNITIES INC received in 2024?
The largest grant to INNOVATIVE HOUSING OPPORTUNITIES INC in 2024 exceeds $60 thousand.