Housing Opportunities Program For The Elderly
- Assets
- $645.2k
- Revenue
- $677.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Long Beach, CA
- Founding
- 05/1998
- Data as of
- 12/2021
- EIN
- 95-4663875
Organization Overview
Housing Opportunities Program For The Elderly is located in Long Beach, CA. The organization was established in 1998. According to its NTEE Classification (L80) the organization is classified as: Housing Support, 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. Housing Opportunities Program For The Elderly 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, Housing Opportunities Program For The Elderly generated $677.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 36.8% each year . All expenses for the organization totaled $50.6k during the year ending 12/2021. 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
HOUSING FACILITIES FOR THE ELDERLY
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE FUNDS FOR PREPARATION AND DELIVERY OF DAILY MEALS AND SERVICES TO THE ELDERLY, HANDICAPPED AND/OR LOWER INCOME INDIVIDUALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Erich Wise Secretary | OfficerTrustee | 10 | $3,000 |
Judy Ross Vice President | OfficerTrustee | 10 | $3,000 |
Peter Lesnik President | OfficerTrustee | 10 | $3,000 |
Kathy Fishkin CFO | OfficerTrustee | 10 | $3,000 |
Renee Simon Director | Trustee | 10 | $3,000 |
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 | $97,126 |
| Investment income | $16 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $580,000 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $677,142 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $33,000 |
| 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. | $15,000 |
| Compensation of current officers, directors, key employees. | $7,500 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| 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 | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,603 |
| All other expenses | $31 |
| Total functional expenses | $50,634 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $645,227 |
| 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 | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $645,227 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $645,227 |
| 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 | $645,227 |
Grants Awarded
Over the last fiscal year, Housing Opportunities Program For The Elderly has awarded $28,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Long Beach, CA PURPOSE: PROVIDE LOW INCOME SENIORS WITH DELIVERED MEALS TO ASSIST IN ALLOWING THEM TO MAINTAIN THEIR INDEPENDENCE AND DIGNITY AND SAFETY. | $10,000 |
Long Beach, CA PURPOSE: THROUGH ITS SENIOR OUTREACH PROGRAM, ICT WILL CONTACT VARIOUS HUD APPROVED SENIOR HOUSING FACILITIES IN THE LONG BEACH AREA, AND PROVIDE TRANSPORTATION FROM SENIOR CENTER AND SENIOR HOUSING FACILITIES TO THE ICT AND BACK AGAIN TO GIVE SENIORS THE OPPORTUNITY TO SEE PERFORMANCES OF THE ICT PRODUCTIONS DURING THE SEASON. AFTER EACH PRODUCTION, AN OPEN FORUM FOR DISCUSSION BETWEEN THE ARTISTS AND SENIORS WILL BE HELD. | $10,000 |
Long Beach, CA PURPOSE: SUPPORT THE TECHNOLOGY CENTER FOR SENIORS IN THE NEW MAIN LIBRARY. | $8,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sheltercare Eugene, OR | $4,357,138 | $9,135,740 |
Midpen Resident Services Corporation Foster City, CA | $3,702,334 | $11,407,168 |
Bridge Property Management Company San Francisco, CA | $1,233,636 | $9,360,308 |
Burbank Housing Corporation Burbank, CA | $47,643,861 | $6,370,585 |
Habitat For Humanity San Fernando/Santa Clarita Valleys Woodland Hills, CA | $1 | $4,168,206 |
Do Good Multnomah Portland, OR | $6,858,210 | $9,987,432 |
Satellite Aha Development Inc Berkeley, CA | $17,466,494 | $5,909,155 |
Housing Trust Silicon Valley San Jose, CA | $250,989,111 | $21,448,557 |
Western Community Housing Inc Costa Mesa, CA | $106,078,970 | $11,023,596 |
Housing Choices Coalition For Persons With Developmental Disabil Palo Alto, CA | $4,399,565 | $5,833,856 |
Sacramento Neighborhood Housing Services Inc Sacramento, CA | $15,952,638 | $2,503,371 |
Housing Resource Center Of Monterey County Salinas, CA | $933,269 | $4,680,244 |