My Own Home Legacy Project is located in Overland, MO. My Own Home Legacy Project is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
FIND DEEPLY DISCOUNTED PROPERTIES WHICH CAN BE BOUGHT CHEAPLY, RENOVATED, AND RESOLD AT A MARKET RATE TO FAMILIES WHO ARE SEEKING TO BREAK THE CHAINS OF PERSISTENT RENTAL POVERTY. MY OWN HOME LEGACY PROJECT ASSISTS THE MARKET RATE BY TAKING BACK A SECOND DEED OF TRUST OF UP TO 10 PERCENT, (WHICH IS FORGIVABLE AFTER 5 YEARS) AND FINDING LENDING INSTITUTIONS WHO WILL UTILIZE THIS EFFORT TO GET FAMILIES INTO THESE HOMES AT RATES FAR LESS THAN THEIR CURRENT RENTAL RATES. DURING 2021, THE ORGANIZATION WAS IN THE START UP PHASE AND DID NOT PURCHASE OR RENOVATE ANY HOMES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Charles Riley Director | 1 | $0 | |
Peggy Baine Director | 1 | $0 | |
Tina Riley Director | 1 | $0 | |
John Baine Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $0 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $3,400 |
Total expenses | $3,400 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $0 |
Other assets | $0 |
Total assets | $0 |
Total liabilities | $3,400 |
Net assets or fund balances | -$3,400 |
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