Galilee Community Development
- Assets
- $2.2m
- Revenue
- $3.4m
- Investments
- $0.0
- Employees
- 9
- Location
- San Angelo, TX
- Founding
- 11/2002
- Data as of
- 12/2021
- EIN
- 75-2865891
Organization Overview
Galilee Community Development is located in San Angelo, TX. The organization was established in 2002. 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 12/2021, Galilee Community Development employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Galilee Community Development 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, Galilee Community Development generated $3.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.8% each year . All expenses for the organization totaled $3.0m during the year ending 12/2021. While expenses have increased by 19.4% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE AND RESTORE AFFORDABLE HOUSING FOR LOW TO MODERATE INCOME RESIDENTS THROUGHOUT THE CONCHO VALLEY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONSTRUCTION AND REHABILITATION OF SINGLE FAMILY HOMES AND DUPLEXES, AS WELL AS, SENIOR CITIZEN COMPLEXES, AND NEIGHBORHOOD CENTERS FOR LOW TO MODERATE INCOME FAMILIES.
HELP SENIOR HOMEOWNERS BY USING VOLUNTEERS TO DO LIGHT REPAIRS ON THEIR HOMES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephanie Hamby Executive Director | Officer | 45 | $55,750 |
Samantha Jarmstrong Treasurer | OfficerTrustee | 0.75 | $0 |
Rudy Munoz Jr Director | OfficerTrustee | 0.75 | $0 |
Farrah Lokey Secretary | OfficerTrustee | 0.75 | $0 |
Edgar Harris President | OfficerTrustee | 0.75 | $0 |
Erin Hernandez Vice President | Trustee | 0.75 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $861,386 |
| All other contributions, gifts, grants, and similar amounts not included above | $495,223 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,356,609 |
| Total Program Service Revenue | $2,068,999 |
| Investment income | $1,800 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $9,865 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,437,273 |
| 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 | $290,212 |
| Other salaries and wages | $1,173 |
| Pension plan accruals and contributions | $7,589 |
| Other employee benefits | $135 |
| Payroll taxes | $22,171 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $28,696 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $5,001 |
| Office expenses | $3,626 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $100 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $88 |
| Interest | $4,027 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $22,983 |
| Insurance | $22,920 |
| All other expenses | $15,086 |
| Total functional expenses | $2,958,036 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $175,576 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $160,176 |
| 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 | $15,365 |
| Net Land, buildings, and equipment | $671,067 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,149,022 |
| Total assets | $2,171,206 |
| Accounts payable and accrued expenses | $79,120 |
| 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 | $17,687 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $90,000 |
| Total liabilities | $186,807 |
| Net assets without donor restrictions | $1,984,399 |
| 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 | $2,171,206 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Galilee Community Development has recieved totaling $376,125.
| Awarding Organization | Amount |
|---|---|
San Angelo Area Foundation San Angelo, TX PURPOSE: HOUSING/SHELTER | $318,637 |
United Way Of The Concho Valley Inc San Angelo, TX PURPOSE: GENERAL SUPPORT | $26,417 |
Methodist Healthcare Ministries Of South Texas Inc San Antonio, TX PURPOSE: Winter Storm Relief | $20,000 |
Fuller Center Disaster Rebuilders Inc Americus, GA PURPOSE: Support Winter Storm Uri repairs | $11,071 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Provident Commonwealth Education Resources Baton Rouge, LA | $142,254,594 | $7,390,935 |
Provident Commonwealth Education Resources Ii Baton Rouge, LA | $154,926,817 | $6,407,611 |
Houston Habitat For Humanity Inc Houston, TX | $36,979,256 | $11,315,347 |
Avenue Community Development Coporation Houston, TX | $81,189,118 | $11,542,239 |
Habitat For Humanity International Inc Fort Worth, TX | $28,701,953 | $17,323,879 |
Habitat For Humanity Of San Antonio Inc San Antonio, TX | $33,828,773 | $14,274,594 |
Housing And Community Services Inc San Antonio, TX | $78,883,961 | $25,153,792 |
Habitat For Humanity International Inc Tulsa, OK | $20,375,468 | $13,816,169 |
Front Steps Inc Austin, TX | $4,289,583 | $9,800,885 |
Operation Finally Home New Braunfels, TX | $6,586,831 | $9,808,854 |
Residential Realty Group I Inc A Delaware Corp Houston, TX | $5,107,430 | $0 |
Mccalls Community Homes Inc Ada, OK | $3,788,949 | $9,810,630 |