HM Housing Development Corporation

Organization Overview

HM Housing Development Corporation, operating under the name Faith House, is located in Cuyahoga Falls, OH. The organization was established in 1946. According to its NTEE Classification (L40) the organization is classified as: Temporary Housing, under the broad grouping of Housing & Shelter and related organizations. Faith House 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 06/2019, Faith House generated $92.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (21.9%) each year. All expenses for the organization totaled $124.6k during the year ending 06/2019. As we would expect to see with falling revenues, expenses have declined by (20.1%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2019

Describe the Organization's Mission:

Part 3 - Line 1

FAITH HOUSE PROMOTES AND STRENGTHENS THE SELF-SUFFICIENCY OF INDIVIDUALS AND FAMILIES, ESPECIALLY THE POOR.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TRANSITIONAL HOUSING: 8 UNITS TRANSITIONAL HOUSING FOR HOMELESS, SINGLE-PARENT FAMILIES. PROVISION FOR AFFORDABLE HOUSING, TRANSPORTATION, FOOD, CLOTHING AND SUPPORTIVE SERVICES FOR 5 FAMILIES, TOTALING 15 INDIVIDUALS FOR THE CURRENT FISCAL YEAR


PERMANENT SUPPORTIVE HOUSING PROGRAM: 8 UNITS OF PERMANENT SUPPORTIVE HOUSING FOR HOMELESS, SINGLE-PARENT FAMILIES WITH A DISABILITY AND LOW INCOME. PROVISION FOR AFFORDABLE HOUSING, TRANSPORTATION, FOOD, CLOTHING, AND SUPPORTIVE SERVICES FOR 5 FAMILIES, TOTALING 12 INDIVIDUALS FOR THE CURRENT FISCAL YEAR.


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Board, Officers & Key Employees

Name (title)Compensation
Gerald Dickinson
Chair
$0
Joan Hanson
Trustee
$0
Fred Berry
President
$0
Dorothy Dickinson
Trustee
$0
Keri Abel
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $55,184
All other contributions, gifts, grants, and similar amounts not included above$21,366
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$76,550
Total Program Service Revenue$15,596
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 $92,146

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