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EIN 58-1816998

Mountain Housing Opportunities

IRS 501(c) type
501(c)(3)
Num. employees
21
City
Asheville
State
North Carolina
Year formed
1988
Most recent tax filings
2022-12-01
NTEE code, primary
L80: Housing Support Services
Description
Mountain Housing Opportunities provides affordable housing for low-income individuals living in Buncombe County and the surrounding areas of North Carolina. The organization offers programs for rehabilitating, weatherizing, maintaining, and improving households of low-income, elderly, and handicapped individuals. It also provides affordable housing options to low-income renters and first-time homeowners.
Total revenues
$7,311,676
2022
Total expenses
$3,828,816
2022
Total assets
$39,921,070
2022
Num. employees
21
2022

Program areas at Mountain Housing Opportunities

Provided programs for rehabilitation, weatherization, maintenance & other improvements to households of low-income, elderly and handicapped individuals. Provided affordable Housing to low-income renters and first-time homeowners.

Who funds Mountain Housing Opportunities

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Dogwood Health TrustThe Applicant Has Clarified the Request To Meet Safe Harbor Requirements and the Affordable Unit Mixture Will Now Include 51 Homes Sold To Households at Or Below 80% Ami and 17 Homes That Will Be Unrestricted.$1,000,000
Dogwood Health TrustThis Portion of the Project Investment Is Structured As A Grant To Maintain the Financial Health of Their Project of Creating Units To Serve A Great Number of Low-Income Households in Buncombe County Outside of the Traditional 9% Lihtc Cycle.$665,229
NeighborWorks AmericaGeneral Support$519,500
...and 10 more grants received

Personnel at Mountain Housing Opportunities

NameTitleCompensation
Vic AndersonChief Financial Officer
Mike VanceVice President Operations$111,436
R Scott DedmanExecutive Director
Scott DedmanPresident and Executive Director$143,634
Selena JimenezFinance Manager
...and 10 more key personnel

Financials for Mountain Housing Opportunities

RevenuesFYE 12/2022
Total grants, contributions, etc.$5,189,357
Program services$1,669,732
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$363,108
Net income from fundraising events$-25,125
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$114,604
Total revenues$7,311,676

Form 990s for Mountain Housing Opportunities

Fiscal year endingDate received by IRSFormPDF link
2022-122023-10-03990View PDF
2021-122022-11-15990View PDF
2020-122021-11-15990View PDF
2019-122021-03-02990View PDF
2018-122020-01-14990View PDF
...and 9 more Form 990s
Data update history
January 1, 2024
Received grants
Identified 6 new grant, including a grant for $1,000,000 from Dogwood Health Trust
November 26, 2023
Posted financials
Added Form 990 for fiscal year 2022
November 26, 2023
Updated personnel
Identified 8 new personnel
November 25, 2023
Used new vendors
Identified 2 new vendors, including , and
September 27, 2023
Received grants
Identified 10 new grant, including a grant for $855,000 from Dogwood Health Trust
Nonprofit Types
Housing and shelter organizationsCommunity Development Financial InstitutionsHeadquarter / parent organizationsCharities
Issues
Human servicesHousing
Characteristics
Fundraising eventsState / local levelReceives government fundingTax deductible donations
General information
Address
PO Box 2278
Asheville, NC 28802
Metro area
Asheville, NC
County
Buncombe County, NC
Website URL
mtnhousing.org/ 
Phone
(828) 254-4030
IRS details
EIN
58-1816998
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1988
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
L80: Housing Support Services
NAICS code, primary
62422: Community Housing Services
Parent/child status
Central organization
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