Biznet Incorporated

Organization Overview

Biznet Incorporated, operating under the name Hearts And Homes, is located in Norfolk, VA. The organization was established in 1994. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, 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. Hearts And Homes 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, Hearts And Homes generated $156.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $211.3k during the year ending 06/2022. While expenses have increased by 7.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDING ADULTS WHO HAVE DEVELOPMENTAL DISABILITIES WITH HOUSING AND DAILY COMMUNITY LIVING OPPORTUNITIES IN SOUTHEASTERN VIRGINIA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION OWNS SEVERAL CONDOMINIUMS, TOWNHOMES AND A SINGLE FAMILY HOME FOR SPECIALITY NEEDS INDIVIDUALS.


THE ORGANIZATION OWNS SEVERAL CONDOMINIUMS, TOWNHOMES AND A SINGLE FAMILY HOME FOR SPECIALITY NEEDS INDIVIDUALS.


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Board, Officers & Key Employees

Name (title)Compensation
Dr Alan Bartel
Finance Comm
$0
Mary Paula Boswell
Rules & Memb
$0
William R Crosby Jr
Treasurer
$0
Tom Laidlaw
Officer
$0
Elizabeth Lake
Community En
$0
Chris Davis Ms
Vice Preside
$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$148,218
Investment income $2,503
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $1
Net Income from Fundraising Events $6,039
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $156,761

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