Tiny House Community Development
- Assets
- $1.3m
- Revenue
- $341.0k
- Investments
- $0.0
- Employees
- 11
- Location
- Greensboro, NC
- Founding
- 08/2016
- Data as of
- 12/2021
- EIN
- 47-4942066
Organization Overview
Tiny House Community Development, operating under the name Prev Tiny Houses Greensboro Inc, is located in Greensboro, NC. The organization was established in 2016. According to its NTEE Classification (L40) the organization is classified as: Temporary Housing, under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, Prev Tiny Houses Greensboro Inc employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Prev Tiny Houses Greensboro Inc 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 12/2021, Prev Tiny Houses Greensboro Inc generated $341.0k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 13.8% each year . All expenses for the organization totaled $328.0k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF TINY HOUSE COMMUNITY DEVELOPMENT IS TO BE A COALITION OF DIVERSE INDIVIDUALS AND LOCAL ORGANIZATIONS WHO AIM TO REDUCE HOMELESSNESS BY ENGAGING IN PUBLIC AND PRIVATE PARTNERSHIPS TO CREATE A TINY HOME COMMUNITY. WORKING ALONGSIDE PEOPLE EXPERIENCING HOMELESSNESS, OUR GOAL IS TO ENCOURAGE POSITIVE COMMUNITY ENGAGEMENT AND FOSTER AN EDUCATIONAL EXPERIENCE IN A WELCOMING ENVIRONMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE COMPANY CONTINUES TO WORK AND DEVELOP TINY HOUSE COMMUNITIES IN GREENSBORO, HIGH POINT AND WINSTON-SALEM TO DEVELOP TINY HOUSE COMMUNITIES. SINCE DEVELOPING AND RENTING THE FIRST TINY HOUSE IN 2018, WE HAVE DEVELOPED TWO COMMUNITIES, WITH A THIRD COMMUNITY PLANNED FOR LATE 2022 OR EARLY 2023.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Jones Executive Director | Officer | 40 | $11,233 |
Aniruddha Deshpande Vice Chair | Trustee | 0.25 | $0 |
David Merritt Member | Trustee | 0.25 | $0 |
Mike Rollins Member | Trustee | 0.25 | $0 |
Brian Walker Member | Trustee | 0.25 | $0 |
Jeff Egerton Board Chair | Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $126,451 |
| All other contributions, gifts, grants, and similar amounts not included above | $94,571 |
| Noncash contributions included in lines 1a–1f | $4,192 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $221,022 |
| Total Program Service Revenue | $21,559 |
| Investment income | $60 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $19,173 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $47,380 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $341,029 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $4,061 |
| 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 | $119,146 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $9,186 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $17,362 |
| Fees for services: Accounting | $2,070 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,974 |
| Advertising and promotion | $10,225 |
| Office expenses | $4,902 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $44,381 |
| Travel | $52 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $8,596 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $33,998 |
| Insurance | $12,571 |
| All other expenses | $11,618 |
| Total functional expenses | $327,975 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,210 |
| Savings and temporary cash investments | $3,878 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $35,105 |
| 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 | $1,280,339 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,326,532 |
| Accounts payable and accrued expenses | $97,877 |
| 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 | $311,916 |
| Unsecured mortgages and notes payable | $100,400 |
| Other liabilities | $0 |
| Total liabilities | $510,193 |
| Net assets without donor restrictions | $816,339 |
| 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 | $1,326,532 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Tiny House Community Development has recieved totaling $28,065.
| Awarding Organization | Amount |
|---|---|
Foodservice Packaging Institute Inc Falls Church, VA PURPOSE: RECYCLING INITIATIVE | $28,001 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $64 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Georgia Southern University Housing Foundation Inc Statesboro, GA | $249,175,255 | $10,373,698 |
Appalachian Student Housing Corporation Boone, NC | $99,024,525 | $6,456,684 |
Bloom Our Youth Inc Fayetteville, GA | $3,984,539 | $4,314,160 |
Serenity Pointe Inc Dunlap, TN | $2,490,170 | $4,102,577 |
Greenpointe Regional Housing Inc Dunn, NC | $10,308,542 | $2,284,690 |
Open Table Of Nashville Inc Nashville, TN | $444,222 | $1,157,501 |
Rainbow Village Inc Duluth, GA | $9,090,525 | $2,152,472 |
Veterans Life Center Raleigh, NC | $1,727,706 | $1,329,274 |
Homeless No More Inc Columbia, SC | $6,056,633 | $1,621,915 |
True Purpose Ministries Maryville, TN | $2,038,433 | $1,219,633 |
Biblical Concepts Group Home Gallatin, TN | $711,318 | $1,118,514 |
Fayetteville State University Student Housing Corporation Fayetteville, NC | $19,255,663 | $717,505 |