Hope Homes And Friends Inc

Organization Overview

Hope Homes And Friends Inc is located in Langley, KY. The organization was established in 2001. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, 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. Hope Homes And Friends 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, Hope Homes And Friends Inc generated $117.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $139.8k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE SAFE, DECENT, AFFORDABLE HOUSING TO THE ELDERLY IN THE FLOYD COUNTY, KENTUCKY AREA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

HOPE HOMES AND FRIENDS, INC. IS A 501 (C) (3) ORGANIZATION THAT OPERATES A 12-UNIT APARMENT COMPLEX FOR ELDERLY, VERY-LOW INCOME INDIVIDUALS. MONTHLY RENT IS SUBSIDIZED BY THE US DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT'S (HUD) SECTION 8 HOUSING ASSISTANCE PAYMENTS. THIS IS THE SOLE PROGRAM SERVICE PROVIDED BY HOPE HOMES AND FRIENDS, INC, AND THE REASON FOR IT'S TAX EXEMPT STATUS.


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Board, Officers & Key Employees

Name (title)Compensation
Chalmer Howard
President
$0
Anna Howell
Exec. Direct
$0
Dorothy Newsome
Secretary
$0
Donna Combs
Director
$0
Wes Gearheart
Director
$0
Johnny Mayo
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $83,558
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$83,558
Total Program Service Revenue$33,730
Investment income $279
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $117,567

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