Homebase Texas is located in Austin, TX. The organization was established in 2007. According to its NTEE Classification (C34) the organization is classified as: Land Resources Conservation, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Homebase Texas 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, Homebase Texas generated $97.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (16.6%) each year. All expenses for the organization totaled $193.1k during the year ending 12/2021. 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
TO CREATE PERMANENT AFFORDABLE HOUSING IN AUSTIN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOMEBASE TEXAS PROVIDES AFFORDABLE HOUSING CONSULTING AND PROGRAM SERVICES TO ASSIST HOUSEHOLDS AT OR BELOW 80% MEDIAN FAMILY INCOME FOR NEW SALES AND UP TO 120% MEDIAN FAMILY INCOME FOR RESALES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Joe Tracy Chair | OfficerTrustee | 1 | $0 |
Yvette Boatwright Secretary | OfficerTrustee | 1 | $0 |
Bob Barnes Treasurer | OfficerTrustee | 1 | $0 |
Ross Sabolcik Chair-Elect | OfficerTrustee | 1 | $0 |
Larry Smith Immediate Past President | OfficerTrustee | 1 | $0 |
Phyllis Snodgrass CEO | Officer | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $97,258 |
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 | $97,258 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $189,084 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $3,877 |
Advertising and promotion | $0 |
Office expenses | $180 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $193,141 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $434,751 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $129,178 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $992,411 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,556,340 |
Accounts payable and accrued expenses | $26,353 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $0 |
Other liabilities | $540,256 |
Total liabilities | $566,609 |
Net assets without donor restrictions | $989,731 |
Net assets with donor restrictions | $0 |
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 | $1,556,340 |
Over the last fiscal year, we have identified 1 grants that Homebase Texas has recieved totaling $36,399.
Awarding Organization | Amount |
---|---|
Capital Impact Partners Arlington, VA PURPOSE: OPERATING SUPPORT: CORNERSTONE HOMEOWNERSHIP INNOVATION PROGRAM | $36,399 |
Organization Name | Assets | Revenue |
---|---|---|
Texas Agricultural Land Trust San Antonio, TX | $3,761,041 | $13,132,879 |
Bexar Land Trust Inc San Antonio, TX | $4,154,955 | $5,531,317 |
Realty Gift Fund Santa Fe, NM | $5,081,165 | $9,881,385 |
Road Home Corporation Baton Rouge, LA | $39,530,496 | $16,058,316 |
Hill Country Conservancy Inc Austin, TX | $8,866,303 | $1,167,096 |
Western Landowners Alliance Santa Fe, NM | $1,147,009 | $1,642,015 |
Quivira Coalition Inc Santa Fe, NM | $3,274,884 | $2,846,753 |
Santa Fe Conservation Trust Santa Fe, NM | $7,298,469 | $3,340,618 |
Bayou Land Conservancy Houston, TX | $4,064,106 | $765,528 |
Connemara Conservancy Foundation Allen, TX | $1,212,308 | $74,893 |
Taos Land Trust Taos, NM | $1,828,768 | $634,605 |
Preservation Of South West Texas Wildlife Rocksprings, TX | $229,502 | $401,086 |