Harmony Community Development Corporation
- Assets
- $3.4m
- Revenue
- $4.4m
- Investments
- $0.0
- Employees
- 29
- Location
- Dallas, TX
- Founding
- 04/2009
- Data as of
- 12/2023
- EIN
- 26-1245799
Organization Overview
Harmony Community Development Corporation is located in Dallas, TX. The organization was established in 2009. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2023, Harmony Community Development Corporation employed 29 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Harmony Community Development Corporation 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 12/2023, Harmony Community Development Corporation generated $4.4m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 39.9% each year . All expenses for the organization totaled $4.3m during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
STRENGTHENING FAMILIES AND REVITALIZING NEIGHBORHOODS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOUSING - PROGRAM PROVIDES RENT, MORTGAGE AND UTILITY ASSISTANCE TO FAMILIES IN THE COMMUNITY.
HOPE - PROGRAM PROVIDES CAREER COACHING, DEVELOPMENT AND SUPPORT FOR THOSE IN THE COMMUNITY IN ADDITION TO INTERNATIONAL RELIEF EFFORTS. HOPE ADDED ANOTHER PROGRAM ENTITLED HARMONY'S YOUTH EMPOWERMENT SERVICES (HARMONY YES!). THE PROGRAM IS A FULL SPECTRUM OF YOUTH SERVICES AND PROGRAMMING FOR YOUTH AGES 13 - 18. HARMONY YES! IS AN AMBITIOUS BUT TRANSFORMATIVE STRATEGIC PLAN TO TRANSFORM THE NEIGHBORHOODS SURROUNDING HARMONY AND THE COMMUNITIES IN SOUTHERN DALLAS COUNTY BY SERVING YOUTH POPULATIONS. HARMONY YES! CONSISTS OF YOUTH GROUPS, OPPORTUNITY YOUTH SERVICES, YOUTH CONFERENCES, PARENT GROUPS AND ONGOING YOUTH COUNSELING.
HELP - PROGRAM PROVIDES FOOD TO FAMILIES IN THE FOLLOWING ZIP CODES: 75224, 75232, 75223, 75236 AND 75237.
HEALTH - PROGRAM PROVIDES COUNSELING SERVICES TO FAMILIES IN THE COMMUNITY.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Director / Secretary | OfficerTrustee | 2 | $0 |
Name Not Listed Secretary (part Year) | OfficerTrustee | 2 | $0 |
Name Not Listed Chairman | OfficerTrustee | 3 | $0 |
Name Not Listed Vice Chairman | OfficerTrustee | 2 | $0 |
Name Not Listed Treasurer | OfficerTrustee | 2 | $0 |
Name Not Listed Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $946,855 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,473,442 |
| Noncash contributions included in lines 1a–1f | $405,575 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,420,297 |
| Total Program Service Revenue | $7,063 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $13,005 |
| 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 | $4,440,365 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,275,890 |
| Grants and other assistance to Foreign Orgs/Individuals | $22,900 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $169,640 |
| Compensation of current officers, directors, key employees. | $18,844 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,042,313 |
| Pension plan accruals and contributions | $7,981 |
| Other employee benefits | $82,361 |
| Payroll taxes | $107,103 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,870 |
| Fees for services: Accounting | $131,122 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $84,045 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $363,528 |
| Advertising and promotion | $161,525 |
| Office expenses | $65,706 |
| Information technology | $62,832 |
| Royalties | $0 |
| Occupancy | $370,950 |
| Travel | $66,863 |
| 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 | $37,265 |
| Insurance | $2,500 |
| All other expenses | $5,334 |
| Total functional expenses | $4,292,404 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,820,723 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $843,188 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $48,158 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $93,316 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $575,758 |
| Total assets | $3,381,143 |
| Accounts payable and accrued expenses | $119,920 |
| Grants payable | $0 |
| Deferred revenue | $143,785 |
| 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 | $617,345 |
| Total liabilities | $881,050 |
| Net assets without donor restrictions | $1,351,224 |
| Net assets with donor restrictions | $1,148,869 |
| 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 | $3,381,143 |