Housing Consultants Group is located in Greensboro, NC. The organization was established in 2005. According to its NTEE Classification (P51) the organization is classified as: Financial Counseling, under the broad grouping of Human Services and related organizations. As of 12/2021, Housing Consultants Group employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Housing Consultants Group is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Housing Consultants Group generated $2.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 36.5% each year . All expenses for the organization totaled $2.6m during the year ending 12/2021. While expenses have increased by 34.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE PRE- AND POST-PURCHASE HOMEOWNERSHIP COUNSELING AND FORECLOSURE PREVENTION SERVICES TO LOW-TO-MODERATE INCOME INDIVIDUALS AND FAMILIES, AND PERFORM FINANCIAL LITERACY EDUCATION AND OUTREACH AND COMMUNITY ENGAGEMENT TO FAMILIES STRUGGLING TO STAY IN THEIR HOME.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE PRE- AND POST-PURCHASE HOMEOWNERSHIP COUNSELING AND FORECLOSURE PREVENTION SERVICES TO LOW-TO-MODERATE INCOME INDIVIDUALS AND FAMILIES, AND PERFORM FINANCIAL LITERACY EDUCATION AND OUTREACH AND COMMUNITY ENGAGEMENT TO FAMILIES STRUGGLING TO STAY IN THEIR HOMES.DURING THE YEAR ENDED DECEMBER 31, 2021, THE ORGANIZATION ALSO ADMINISTERED EMERGENCY RENTAL ASSISTANCE FUNDS AND MORTGAGE RELIEF PROGRAM FUNDS TO HELP FAMILIES STRUGGLING TO STAY IN THEIR HOMES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Sofia Crisp Executive Director | Officer | 40 | $80,541 |
Anthony Banks Chairperson | OfficerTrustee | 5 | $0 |
Lynda Hunter-Hopkins Secretary | OfficerTrustee | 3 | $0 |
Ruthie Richardson-Robinson Treasurer | OfficerTrustee | 3 | $0 |
Bruce Canada Vice-Chair | OfficerTrustee | 5 | $0 |
Nick Scarci Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $1,918,867 |
All other contributions, gifts, grants, and similar amounts not included above | $618,223 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $2,537,090 |
Total Program Service Revenue | $143,540 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,683,425 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $2,104,865 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $80,541 |
Compensation of current officers, directors, key employees. | $16,108 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $215,473 |
Pension plan accruals and contributions | $500 |
Other employee benefits | $0 |
Payroll taxes | $23,022 |
Fees for services: Management | $0 |
Fees for services: Legal | $525 |
Fees for services: Accounting | $8,709 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $36,369 |
Advertising and promotion | $9,104 |
Office expenses | $12,918 |
Information technology | $17,890 |
Royalties | $0 |
Occupancy | $50,982 |
Travel | $1,418 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $31 |
Interest | $1,561 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,619 |
Insurance | $8,236 |
All other expenses | $6,437 |
Total functional expenses | $2,614,176 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $236,655 |
Savings and temporary cash investments | $763,152 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $33,104 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $3,314 |
Net Land, buildings, and equipment | $15,374 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $54,616 |
Total assets | $1,106,215 |
Accounts payable and accrued expenses | $38,013 |
Grants payable | $0 |
Deferred revenue | $958,096 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $7,450 |
Other liabilities | $0 |
Total liabilities | $1,003,559 |
Net assets without donor restrictions | $11,235 |
Net assets with donor restrictions | $91,421 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $1,106,215 |
Over the last fiscal year, we have identified 5 grants that Housing Consultants Group has recieved totaling $183,734.
Awarding Organization | Amount |
---|---|
United Way Of Greater Greensboro Inc Greensboro, NC PURPOSE: CHARITABLE | $100,000 |
North Carolina Housing Coalition Inc Durham, NC | | $50,734 |
Lincoln Financial Foundation Inc Radnor, PA PURPOSE: FINANCIAL WELLNESS PROGRAMS | $25,000 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $5,000 |
Dawn S Chaney Foundation Greensboro, NC PURPOSE: GENERAL FUND | $3,000 |
Organization Name | Assets | Revenue |
---|---|---|
Consumer Credit Union Greeneville, TN | $557,161,210 | $15,832,085 |
Consumer Education Services Inc Raleigh, NC | $23,360,630 | $7,529,671 |
Housing Consultants Group Greensboro, NC | $1,106,215 | $2,683,425 |
Motley Fool Foundation Alexandria, VA | $13,206,539 | $15,812,396 |
Financial Pathways Of The Piedmont Inc Winstonsalem, NC | $1,642,751 | $1,849,365 |
Consumer Credit Counseling Service Of Western North Carolina Inc Asheville, NC | $2,015,987 | $1,072,793 |
Consumer Credit Insurance Association Rocky Mount, NC | $1,066,199 | $942,381 |
American Financial Education Alliance Charlotte, NC | $225,082 | $614,339 |
D&e A Financial Education And Training Institute Inc East Point, GA | $953,735 | $847,505 |
Level Up 700 Incorporated Atlanta, GA | $69,929 | $257,513 |
Consumer Credit Counseling Service Of The Savannah Area Inc Savannah, GA | $1,147,306 | $564,336 |
Increasing H O P E North Charleston, SC | $127,870 | $448,680 |