H O P E Gagnon Housing Corporation
- Assets
- $326.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Oxon Hill, MD
- Founding
- 12/1987
- Data as of
- 06/2022
- EIN
- 52-1535534
Organization Overview
H O P E Gagnon Housing Corporation is located in Oxon Hill, MD. The organization was established in 1987. According to its NTEE Classification (P75) the organization is classified as: Supportive Housing for Older Adults, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. H O P E Gagnon Housing 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 06/2022, H O P E Gagnon Housing Corporation generated $154.1k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $177.8k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
H.O.P.E. GAGNON HOUSING CORPORATION IS A MARYLAND CORPORATION ORGANIZED IN 1980 FOR THE PURPOSE OF CONSTRUCTING AND OPERATING FIVE GROUP HOMES CONSISTING OF 15 UNITS FOR THE ELDERLY AND DISABLED IN PRINCE GEORGE'S COUNTY, MARYLAND. THE ORGANIZATION RECEIVES ASSISTANCE UNDER PROVISIONS OF SECTION 202 OF THE NATIONAL AFFORDABLE HOUSING ACT. SUCH PROJECTS ARE REGULATED BY THE UNITED STATES DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT AS TO RENT CHARGES AND OPERATING METHODS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Doris Canty-Brown Secretary | 0.5 | $0 | |
Clarence Carter Director | 0.5 | $0 | |
Tamara Davis-Brown Director | 0.5 | $0 | |
Delna Gray Director | 0.5 | $0 | |
Starr Jefferson Director | 0.5 | $0 | |
Gerron Levi Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $111,602 |
| Total Program Service Revenue | $42,445 |
| Membership dues | $0 |
| Investment income | $8 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $154,055 |
| 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 | $82,533 |
| Occupancy, rent, utilities, and maintenance | $77,929 |
| Printing, publications, postage, and shipping | $62 |
| Other expenses | $17,266 |
| Total expenses | $177,790 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $95,320 |
| Other assets | $0 |
| Total assets | $326,184 |
| Total liabilities | $285,616 |
| Net assets or fund balances | $40,568 |