Greenville Housing Fund
- Assets
- $21.0m
- Revenue
- $5.9m
- Investments
- $0.0
- Employees
- 7
- Location
- Greenville, SC
- Founding
- Data as of
- 12/2022
- EIN
- 84-2931315
Organization Overview
Greenville Housing Fund is located in Greenville, SC. 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 12/2022, Greenville Housing Fund employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greenville Housing Fund 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 12/2022, Greenville Housing Fund generated $5.9m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 55.7% each year . All expenses for the organization totaled $1.7m during the year ending 12/2022. While expenses have increased by 26.4% per year over the past 3 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
ENSURING GREENVILLE ACHIEVES HOUSING AFFORDABILITY SOLUTIONS TO MEET THE DIVERSE NEEDS OF OUR GROWING ECONOMY AND THRIVING COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AS A CONVENER, ADVOCATE, INVESTOR, AND FUNDER, GHF ENGAGES WITH KEY PARTNERS, DEVELOPERS, ELECTED OFFICIALS, COMMUNITY STAKEHOLDERS, AND RESIDENTS TO INCREASE AND PRESERVE THE SUPPLY OF A VARIETY OF SAFE, ACCESSIBLE, HIGH-QUALITY, AFFORDABLE HOUSING CHOICES TO SUPPORT ECONOMIC GROWTH AND PROMOTE PROSPERITY FOR ALL CITIZENS THROUGHOUT GREENVILLE COUNTY. GHF SUPPORTED THE DEVELOPMENT AND PRESERVATION OF 225 UNITS OF AFFORDABLE HOUSING, COMPLETED A COMMUNITYWIDE AFFORDABLE HOUSING STRATEGIC PLAN, LAUNCHED THE GREENVILLE AFFORDABLE HOUSING COALITION TO SUPPORT ONGOING COMMUNITY EDUCATION, ADDED PARCELS TO OUR LAND BANK, AND SUPPORTED THE RENOVATION OF 9 OWNER-OCCUPIED SINGLE FAMILY HOMES THROUGH OUR HOMEOWNER PRESERVATION PROGRAM.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bryan Brown President | Officer | 40 | $214,254 |
Eleanor Dunlap Governance C | Trustee | 1 | $0 |
Matt Good Vice Chair | Trustee | 1 | $0 |
Deb Long Board Chair | Trustee | 1 | $0 |
Deborah Mcketty Treasurer | Trustee | 1 | $0 |
Diane Smock Secretary | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $5,367,034 |
| All other contributions, gifts, grants, and similar amounts not included above | $446,244 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,813,278 |
| Total Program Service Revenue | -$97,103 |
| Investment income | $16,338 |
| 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 | $5,921,513 |
| 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. | $214,254 |
| Compensation of current officers, directors, key employees. | $36,423 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $630,171 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $57,566 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $18,086 |
| Office expenses | $0 |
| Information technology | $16,989 |
| Royalties | $0 |
| Occupancy | $23,517 |
| Travel | $9,353 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $77,242 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $36,313 |
| Insurance | $11,824 |
| All other expenses | $13,535 |
| Total functional expenses | $1,748,525 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,220,929 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $2,621,093 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $19,594 |
| Net Land, buildings, and equipment | $2,599,945 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,540,291 |
| Total assets | $21,001,852 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $4,151,997 |
| 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 | $8,220,292 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $12,372,289 |
| Net assets without donor restrictions | $8,629,563 |
| 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 | $21,001,852 |