Housing & Community Solutions Inc
- Assets
- $3.4m
- Revenue
- -$585.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Chesterfield, MO
- Founding
- 08/1983
- Data as of
- 12/2023
- EIN
- 43-1214116
Organization Overview
Housing & Community Solutions Inc is located in Chesterfield, MO. The organization was established in 1983. According to its NTEE Classification (L99) the organization is classified as: Housing & Shelter N.E.C., under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Housing & Community Solutions Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
DEVELOP SOLUTIONS TO THE PROBLEMS OF THE HOMELESS THROUGH DEVELOPMENT OF AFFORDABLE HOUSING, SOCIAL WORK SERVICES, EMERGENCY SHELTER, RESEARCH AND ADVOCACY, AND ENGAGE IN COMMUNITY AND ECONOMIC DEVELOPMENT DESIGNED TO IMPROVE ECONOMIC CONDITIONS AND ECONOMIC OPPORTUNITIES IN ECONOMICALLY DEPRESSED AREAS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DEVELOP RENTAL UNITS FOR LOW-INCOME FAMILIES; IMPROVE DISTRESSED NEIGHBORHOODS. PHYSICALLY AND SOCIALLY DEVELOP HOUSING FOR LOW AND MODERATE INCOME HOUSEHOLDS. PROMOTE THE DEVELOPMENT OF AFFORDABLE HOUSING IN MISSOURI IN CONJUNCTION WITH LOCAL HOUSING AUTHORITIES. SUPPORT EDUCATION REGARDING THE USE OF HISTORIC TAX CREDITS FOR AFFORDABLE AND WORKFORCE HOUSING. SUPPORT VARIOUS HOUSING AUTHORITY'S, LOW INCOME, AND AFFORDABLE HOUSING WITH ACCESS TO BROADBAND THROUGH PROGRAMS LIKE CONNECT HOME NATION AND COLLECTIVE IMPACT, INCLUDING COMMUNITY BROADBAND SERVICES AND WORKING TO DECREASE THE DIGITAL DIVIDE AND INCREASE DIGITAL INCLUSION, INCLUDING EDUCATION TRAINING PROGRAMS AND EQUIPMENT FOR THESE COMMUNITIES. DEVELOP FUNDING SOURCES FOR THESE OPERATIONS AND OTHER SUPPORTIVE ORGANIZATIONS THAT SUPPORT COMMUNITY AND ECONOMIC DEVELOPMENT AND COLLABORATE WITH SUCH ORGANIZTIONS BOTH LOCALLY AND NATIONALLY ON THESE PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Hunt Vice President/secretary | OfficerTrustee | 1 | $0 |
David F Sabino President/treasurer | OfficerTrustee | 1 | $0 |
Robin Salomon Director | Trustee | 1 | $0 |
Financial Statements
| 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 | $0 |
| Investment income | $9,091 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$1,191,990 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | -$585,616 |
| 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 | $0 |
| 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 | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| 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 | $4,613 |
| Total functional expenses | $4,613 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $91,124 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $21,000 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,064,394 |
| 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 | $2,208,498 |
| Total assets | $3,385,016 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $3,385,016 |
| 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 | $3,385,016 |