Green Extreme Homes Community Development Corporation
- Assets
- $960.0k
- Revenue
- $24.8k
- Investments
- $0.0
- Employees
- 2
- Location
- Lewisville, TX
- Founding
- 07/2012
- Data as of
- 12/2022
- EIN
- 45-3642906
Organization Overview
Green Extreme Homes Community Development Corporation is located in Lewisville, TX. The organization was established in 2012. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. As of 12/2022, Green Extreme Homes Community Development Corporation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Green Extreme Homes 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 12/2022, Green Extreme Homes Community Development Corporation generated $24.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (46.0%) each year. All expenses for the organization totaled $59.4k during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE A PATH TO FINANCIAL STABILITY, JOB CREATION, HEALTHY, SAFE, ENERGY EFFICIENT, AFFORDABLE HOUSING OPTIONS IN TEXAS PRIMARILY FOR THOSE DISADVANTAGED IN ANY WAY WITH FOCUS ON NEW HOMES AND REHABILITATING OLDER HOMES. IN ADDITION, ANOTHER FOCUS IS ON STABILIZING COMMUNITIES BY PROVIDING DECENT, AFFORDABLE HOUSING COMBINED WITH SOCIAL SERVICES CENTERED AROUND FINANCIAL STABILITY, JOB COUNSELING, AND NUTRITIONAL SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING 2018 GREEN EXTREME HOMES COMMUNITY DEVELOPMENT CORPORATION REHABBED AND SOLD FOURTEEN (14) HOUSES/LOTS. GREEN EXTREME STARTED CONSTRUCTION AT THE END OF 2017 ON A SEVEN (7) BEDROOM FOUR AND HALF (4.5) BATH TRANSITION HOME FOR FEMALE VETERANS IN A CONTROLLED ENVIRONMENT AGRICULTURE BUILDING THAT WAS COMPLETED AND OPENED IN SEPTEMBER 2019. IN ADDITION THE ORGANIZATION RECEIVES AND USES CONTRIBUTED SERVICES IN THE MAKE READY OF MANY OF THE HOMES IT REHABILITATES. DURING 2019, OVER TWO-HUNDRED THIRTY (230) VOLUNTEERS AND OVER FORTY-SEVEN HUNDRED (4,700) HOURS WERE RECEIVED FROM LOCAL BUSINESSES (HOME DEPOT, BANK OF AMERICA,AND CITIBANK) AND THE DOUGLASS NEIGHBORHOOD ASSOCIATION IN THE CONSTRUCTION OF THE HOME FOR FEMALE VETERANS MENTIONED ABOVE. ALL TOTAL THERE WERE OVER TWENTY-SEVEN (27) VOLUNTEER EVENTS DURING 2018. IN 2019, WITH THE EXCEPTION OF LICENSED TRADES, THE HOME MENTIONED ABOVE FOR FEMALE VETERANS WAS BUILT WITH VOLUNTEER LABOR. FEMALE VETERANS ARE THE FASTEST GROWING SEGMENT OF THE HOMELESS POPULATION. WITH THAT IN MIND, CITI BANK TEAMED WITH GREEN EXTREME HOMES TO BUILD THE MULLINS STREET HOME TO SERVE THE HOMELESS FEMALE VETERANS. THE HOME CREATES A NURTURING ENVIRONMENT FOR THESE LADIES TO GET BACK ON THEIR FEET AND TO MOVE ON TO INDEPENDENT LIVING. DURING 2020 THE TRANSITION HOME FOR FEMALE VETERANS WAS FULLY OCCUPIED. BECAUSE OF THE EFFECT OF THE PANDEMIC GREEN EXTREME HAD APPROXIMATELY 415 VOLUNTEER HOURS MOSTLY THROUGH ZOOM AND FACE TIME OFFERING SERVICES TO THEIR FEMALE VETERANS AT THE MULLINS HOUSE.IN 2021 THE MULLEN STREET HOME CONTINUES TO FLOURISH AND PROVIDE FOR HOMELESS FEMALE VETERANS. GREEN EXTREME HOMES WAS IN A HOLDING PATTERN FOR MOST OF 2021 AS THE PRESIDENT OF GEH SPENT A GREAT DEAL OF TIME OUT OF STATE AT A CANCER FACILITY CARING FOR HER HUSBAND (THE CHAIRMAN OF GEH). 2022 HAS BEEN A YEAR TO REORGANIZE AND CONCENTRATE ON THE MULLEN STREET HOME FOR FEMALE VETERANS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jean Brown President | OfficerTrustee | 40 | $0 |
Bonnie Sanchez Treasurer | Trustee | 10 | $0 |
Jessica Steep Board Member | Trustee | 10 | $0 |
Catherine Higginbotham V/p, Sec | Trustee | 10 | $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 | $26,330 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $26,330 |
| Total Program Service Revenue | $22,212 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$23,760 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $24,782 |
| 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 | $2,500 |
| 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 | $10,753 |
| Insurance | $55 |
| All other expenses | $5,710 |
| Total functional expenses | $59,387 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $87,372 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $415,600 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $457,049 |
| Total assets | $960,021 |
| 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 | $0 |
| 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 | $960,021 |
| Total liabilities and net assets/fund balances | $960,021 |