EIN 56-2111502

Housing and Economic Opportunities

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
1998
Most recent tax filings
2022-03-01
Description
Housing and Economic Opportunities provides affordable housing and eliminates vacant, uninhabitable housing. Its mission is to offer affordable housing and support so that no one shall believe they should live in substandard housing due to financial or social conditions. During 2017, HEo and its partners rehabilitated a distressed public Housing property using LIHTC and provided 77 low income families with safe and affordable Housing. It also managed an 8 unit supportive Housing property that allows persons to live independently with the necessary support services.
Related structure
Housing and Economic Opportunities is a subordinate organization under Glover Plaza.
Total revenues
$144,794
2022
Total expenses
$255,937
2022
Total assets
$3,413,274
2022
Num. employees
0
2022

Program areas at Housing and Economic Opportunities

During 2017, heo and its partners completed the rehabilitation of a distressed public Housing property using lihtc and provided 77 low income families with safe and affordable Housing. Heo also managed an 8 unit supportive Housing property that allows persons with disabilities to live independently. Heo completed construction in 2018 on another 8 unit supportive Housing development for disabled individuals. This project was funded through the north carolina Housing finance agency's supportive Housing development program and cdbg funding from the city of wilmington. Residents who would otherwise be living in assisted living or with family are offered the opportunity to live independently because of the partnership between heo and elderhaus to provide supportive services for all residents.

Personnel at Housing and Economic Opportunities

NameTitleCompensation
Vernice HamiltonInterim Chief Executive Officer
M Kim FitzwaterVice President and Chief Financial Officer$0
Tyrone GarrettExecutive Director
Jeff HovisChair / Director$0
Katrina H RedmonPresident / Chief Executive Officer$0
...and 3 more key personnel

Financials for Housing and Economic Opportunities

RevenuesFYE 03/2022
Total grants, contributions, etc.$0
Program services$121,741
Investment income and dividends$4
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$23,049
Total revenues$144,794

Form 990s for Housing and Economic Opportunities

Fiscal year endingDate received by IRSFormPDF link
2022-032023-10-03990View PDF
2021-032022-02-15990View PDF
2020-032021-04-12990View PDF
2019-032020-09-01990View PDF
2018-032019-05-14990View PDF
...and 8 more Form 990s
Data update history
December 4, 2023
Posted financials
Added Form 990 for fiscal year 2022
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
May 15, 2023
Updated personnel
Identified 2 new personnel
August 21, 2021
Posted financials
Added Form 990 for fiscal year 2019
June 24, 2021
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Housing and shelter organizationsChapter / child organizationsCharities
Issues
Human servicesHuman rightsHousing
Characteristics
State / local levelTax deductible donationsNo full-time employees
General information
Address
1524 S 16th St 2nd FL
Wilmington, NC 28401
Metro area
Wilmington, NC
Phone
(910) 341-7700
IRS details
EIN
56-2111502
Fiscal year end
March
Taxreturn type
Form 990
Year formed
1998
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
L20: Housing Development, Construction, Management
NAICS code, primary
62422: Community Housing Services
Parent/child status
Subordinate organization
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