Housing Development & Neighborhood Preservation Corporation-Ocd
- Assets
- $4.3m
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 9
- Location
- Orinda, CA
- Founding
- 07/1979
- Data as of
- 12/2022
- EIN
- 94-2583924
Organization Overview
Housing Development & Neighborhood Preservation Corporation-Ocd is located in Orinda, CA. The organization was established in 1979. 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, Housing Development & Neighborhood Preservation Corporation-Ocd employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Housing Development & Neighborhood Preservation Corporation-Ocd 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, Housing Development & Neighborhood Preservation Corporation-Ocd generated $2.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $2.3m during the year ending 12/2022. While expenses have increased by 3.0% per year over the past 8 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
DEVELOPMENT & MAINTENANCE OF LOW-INCOME HOUSING PROJECTS & RELATED ACTIVITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HDNPC CONTINUES TO MANAGE SEVERAL AFFORDABLE HOUSING DEVELOPMENTS WHICH INCLUDE APPROXIMATELY 500 LOW-INCOME INDIVIDUALS AND FAMILIES AS WELL AS A COMMUNITY CENTER THAT CONDUCTS LIFE SKILLS TRAINING PROGRAMS TO THE TENANTS. THESE PROGRAMS PROVIDE SOCIAL, HEALTH AND ECONOMIC SERVICES TO THEM AND THEIR FAMILIES. SPECIFIC PROGRAMS TARGET YOUTH FOR AFTER-SCHOOL TUTORIAL AND OTHER EDUCATIONAL GROWTH ACTIVITIES SUCH AS COMPUTER LITERACY, SO THAT UNDERSERVED YOUTH MAY HAVE THE TOOLS TO BECOME ACADEMICALLY COMPETITIVE.
UNDER PLANNING AND DEVELOPMENT, WE ARE WORKING IN IMPLEMENTING ECONOMIC DEVELOPMENT THROUGH SEVERAL PROPOSED HOUSING SITES, AND WE ARE CURRENTLY WORKING TOWARD ANAYLZING A BEST USE FOR THOSE PROJECT SITES. RESEARCH FOR THOSE SITES INCLUDES HOUSING, EDUCATIONAL FACILITY, MEDICAL FACILITY OR OTHER BEST USE FOR THE BENEFIT OF THE GENERAL AREA AND ITS SURROUNDING POPULATION. SOME OF THESE AREAS INCLUDE BALTIMORE, MD. AND SELMA, AL. IN BALTIMORE, WE ARE DEVELOPING AN ENTIRE CITY BLOCK AND BLIGHTED ROW HOUSES TO BE SOLD TO FIRST TIME HOME OWNERS. IN SELMA, WE ARE STUDYING THE REHABILITATION DEVELOPMENT OF A HISTORIC HOSPITAL AND ITS BEST USE AS AN APARTMENT COMPLEX. ADDITIONALLY, HDNPC IS A MEMBER OF SEVERAL INTERNATIONAL EDUCATIONAL AND HOUSING INDUSTRY GROUPS IN ORDER TO CONTINUE TO BRING BEST IDEALS, IMPLEMENTING THEM INTO OUR PLANNING, DEVELOPMENT AND MANAGEMENT PRACTICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Al Borvice CEO | Officer | 23 | $270,382 |
Francisco Borvice Executive Dir. | Officer | 23 | $113,016 |
Roberto Rivera President | OfficerTrustee | 2 | $0 |
Ramiro Castro Secre./treas. | OfficerTrustee | 2 | $0 |
Ramon Iniquez III Member At Large | OfficerTrustee | 2 | $0 |
Chris Giles Member At Large | OfficerTrustee | 2 | $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 | $2,016,553 |
| Investment income | $25 |
| 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 | $2,016,578 |
| 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. | $383,398 |
| Compensation of current officers, directors, key employees. | $113,016 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $258,526 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $72,275 |
| Payroll taxes | $48,323 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $14,055 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $382,269 |
| Advertising and promotion | $7,147 |
| Office expenses | $13,971 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $37,438 |
| Travel | $4,500 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,570 |
| Interest | $152,424 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $247,134 |
| Insurance | $110,884 |
| All other expenses | $80,504 |
| Total functional expenses | $2,293,896 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $533,651 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $26,513 |
| 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 | $12,773 |
| Net Land, buildings, and equipment | $3,707,855 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,000 |
| Total assets | $4,284,792 |
| Accounts payable and accrued expenses | $415,694 |
| 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 | $0 |
| Secured mortgages and notes payable | $4,534,895 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $128,203 |
| Total liabilities | $5,078,792 |
| Net assets without donor restrictions | $688,441 |
| Net assets with donor restrictions | -$1,482,441 |
| 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 | $4,284,792 |