2023-01-23T06:37:30-06:00 2022-06-30 591363792 KEEFE MCCULLOUGH & CO LLP CPA'S 6550 N FEDERAL HIGHWAY SUITE 410 FT LAUDERDALE FL 33308 990 2021-10-01 650870180 HOUSING OPPORTUNITIES MORTGAGE ASSIST & EFFECTIVE NEIGHBORHOOD SOLUTIONS INC HOUS 9545635454 690 NE 13TH STREET 101 FT LAUDERDALE FL 33304 LINDA M TAYLOR CEO 9545635454 2023-01-23 1 LINDA TAYLOR 999009999 STEPHEN P EMERY P02265917 9547710896 2023-01-23 3 AAL1 IAL1 2021 2023-03-07 01:45:13Z LINDA M TAYLOR 690 NE 13TH STREET 101 FT LAUDERDALE FL 33304 920718 0 X WWW.HOMESFL.ORG X 1998 FL TO PROVIDE QUALITY COMMUNITY AND ECONOMIC DEVELOPMENT, BENEFITING AT RISK AND DISADVANTAGED RESIDENTS AND NEIGHBORHOODS IN BROWARD COUNTY,FLL. 12 12 43 10 0 0 877887 643397 317304 276822 0 0 35636 -26655 1230827 893564 0 0 0 0 621989 494843 0 0 158189 609453 532738 1231442 1027581 -615 -134017 4623977 9898573 3300619 3394908 1323358 6503665 X THE MISSION OF H.O.M.E.S. IS TO PROVIDE QUALITY COMMUNITY AND ECONOMIC DEVELOPMENT, BENEFITING AT RISK AND DISADVANTAGED RESIDENTS AND NEIGHBORHOODS IN BROWARD COUNTY, FLORIDA. 0 0 434368 7678 SUPPORTIVE HOUSING YOUTHS PROGRAM - PROVIDING FURNISHED, SUBSIDIZED RENTAL APARTMENTS FOR UP TO 21 YOUNG ADULTS AGES 18-24 (AND THEIR CHILDREN) WHO HAVE AGED OUT OF THE STATE'S FOSTER CARE AND RELATIVE CARE SYSTEM, TOGETHER WITH VARIOUS TYPES OF PROGRAMMATIC SUPPORT (INCLUDING PAID INTERNSHIPS, JOB AND LIFE COACHING, FINANCIAL CAPABILITY CLASSES, AND PLACING YOUTHS IN SCHOOL) WITH THE GOAL OF HELPING THIS AT RISK POPULATION ACHIEVE SELF-SUFFICIENCY. 338994 269144 RESIDENTIAL AND COMMERCIAL RENTAL PROGRAM - PROVIDING QUALITY RENTAL APARTMENTS AND HOMES AFFORDABLE TO LOW-INCOME FAMILIES AND QUALITY OFFICE SPACES AVAILABLE TO LOCAL NONPROFITS. 7603 NEIGHBORHOOD REVITALIZATION PROGRAM - WORKING WITH LOCAL BUSINESS GROUPS, CIVIC GROUPS AND THE CITY GOVERNMENT SINCE 2008 TO DEVELOP AND IMPLEMENT A PLAN FOR IMPROVING AND TRANSFORMING THE CENTRAL CITY CRA (THE AREA WHERE THE ORGANIZATION'S OFFICES AND PROPERTY ARE LOCATED) IN FORT LAUDERDALE, BROWARD COUNTY, FLORIDA. BEGINNING IN 2017, THIS PROGRAM IS BEING EXPANDED TO THE BROWARD MUNICIPAL SERVICE DISTRICT AREA, WHERE THE ORGANIZATION AND OTHER NONPROFITS ARE BUILDING RESIDENCES. 19617 HOME-OWNERSHIP PROGRAM - SINCE INCEPTION, H.O.M.E.S., INC. HAS BUILT AND/OR RENOVATED APPROXIMATELY 300 SINGLE FAMILY HOMES FOR SALE AFFORDABLY TO LOWER-INCOME WORKING FAMILIES, OFTEN IN PARTNERSHIP WITH LOCAL GOVERNMENT AND OTHER NONPROFITS. HOMEBUYER EDUCATION, CREDIT COUNSELING AND DOWN PAYMENT ASSISTANCE TO BUYERS HAVE BEEN PROVIDED TO PURCHASERS. HEALTH AND WELLNESS PROGRAM - UTILIZING THE OUTDOOR KITCHEN FACILITY AND ADJACENT GARDEN SPACE AT THE ORGANIZATION'S CAMPUS, THE GOAL OF THIS PROGRAM IS TO CREATE OPPORTUNITIES FOR VARIOUS AT-RISK COMMUNITY RESIDENTS TO PARTICIPATE IN EXERCISE, GARDENING, COOKING, MEAL PLANNING, NUTRITION CLASSES, RECEIVE FRESH FOOD DISBURSEMENTS, AND SIMILAR ACTIVITIES. THE PURPOSE OF THE PROGRAM IS TO ENCOURAGE COMMUNITY RESIDENTS IN ADOPTING A HEALTHIER LIFESTYLE, AND TO SHARE INFORMATION AND TOOLS WHICH FACILITATE THIS. 19617 800582 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 10 0 1 43 1 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 FL X X LINDA M TAYLOR 9545635454 690 NE 13TH STREET 101 FORT LAUDERDALE FL 33304 PATRICIA BESSEMER BOARD CHAIR 1.00 X X 0 0 0 PAUL MINOFF VICE CHAIR 1.00 X X 0 0 0 MARIE MCGINLEY SECRETARY 1.00 X X 0 0 0 JULIE BLACKMORE DIRECTOR 1.00 X 0 0 0 BRAD BREWSTER DIRECTOR 1.00 X 0 0 0 ADAM CORIN DIRECTOR 1.00 X 0 0 0 PHILLIP DEBIASI DIRECTOR 1.00 X 0 0 0 WENDY JERKINS DIRECTOR 1.00 X 0 0 0 ERIC SERVAITES DIRECTOR 1.00 X 0 0 0 KEVIN WORRELL DIRECTOR 1.00 X 0 0 0 MIGUEL S WRIGHT DIRECTOR 1.00 X 0 0 0 SHAKEIA S KEGLER DIRECTOR 1.00 X 0 0 0 LINDA TAYLOR CEO/EXECUTIVE DIRECTOR 40.00 X 104939 0 12317 RONIT AMIR-CAMPOS CFO/TREASURER 40.00 X 65282 0 7527 170221 0 19844 1 0 0 0 0 133813 235117 274467 643397 RENTAL INCOME 531110 276822 276822 276822 499 133813 27154 -26655 -26655 893564 276822 0 -26655 176471 119204 10859 46408 244013 164827 15016 64170 38187 25730 2433 10024 36172 32206 747 3219 17500 10582 6918 12475 7543 4932 29667 23067 2098 4502 10075 7558 2015 502 74013 72348 1665 152841 148256 4585 55011 53854 1157 REPAIRS 65534 62372 3162 PROGRAM EXPENSES 50316 33397 568 16351 UTILITIES 36298 36298 PROPERTY TAXES 17638 17638 11370 3827 6380 1163 1027581 800582 68810 158189 162849 220879 28374 53516 1264 8397 35045 51853 9706000 203788 4340729 9502212 55716 61716 4623977 9898573 55495 87144 4070 111672 3180101 2328304 60953 867788 3300619 3394908 X 1323358 6503665 1323358 6503665 4623977 9898573 X -134017 5314324 X X 0 1 X 1 0 X 964113 821370 922078 910058 643397 4261016 355689 488179 301677 317304 276822 1739671 7037 499 7536 1319802 1309549 1223755 1234399 920718 6008223 172500 195000 215000 165000 185000 932500 0 172500 195000 215000 165000 185000 932500 5075723 2050 2050 1319802 1309549 1223755 1236449 920718 6010273 0.84450 0.85350 0.00000 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2020 AMOUNT: $ 2,050. 2021 AMOUNT: $ 0. SCHEDULE A, PART VI: ON JULY 1, 2021, THE NONPROFIT ORGANIZATION HELPING ABUSED, NEGLECTED, DISADVANTAGED YOUTH, INC. (HANDY) BECAME THE SOLE MEMBER OF THE ORGANIZATION. THIS ALLIANCE WILL ALLOW BOTH ORGANIZATIONS TO COMBINE THEIR EXPERTISE TO ADVANCE AND EXPAND PROGRAMS, SERVICES AND HOUSING THAT THEY CURRENTLY PROVIDE TO LOW-INCOME FAMILIES, YOUTH AND NEIGHBORHOODS. THIS PARTNERSHIP IS EXPECTED NOT ONLY STRENGTHEN AND BUILD COMMUNITY SUPPORT BUT ALSO HELP RESIDENTS FROM SPIRALING INTO ECONOMIC DESPAIR AND HELP BREAK THE CYCLE OF POVERTY FOR CURRENT AND FUTURE GENERATIONS. IN CONNECTION WITH THIS STRATEGIC ALLIANCE, THE ORGANIZATION HAS CHANGED THEIR FISCAL YEAR END FROM SEPTEMBER 30TH TO JUNE 30TH EFFECTIVE JUNE 30, 2022. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1955869 1955869 7721531 197988 7523543 600 200 400 28000 5600 22400 9502212 TENANTS' SECURITY DEPOSITS 56216 ACCRUED INTEREST PAYABLE 7755 LINES OF CREDIT 9049 MORTGAGE PAYABLE 794768 867788 920718 27154 27154 893564 0 893564 1054735 27154 27154 1027581 0 1027581 PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 27,154. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 27,154. FARM TO TABLE MARCH 2022 EVENT 112947 112947 23733 HALLOWEEN EVENT OCT 2021 20866 20866 2696 1 499 499 725 134312 133813 499 27154 27154 -26655 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE CEO AND THE ACCOUNTANT BEFORE IT IS SUBMITTED TO THE BOARD OF DIRECTORS FOR THEIR REVIEW AND APPROVAL. UPON APPROVAL BY THE BOARD OF DIRECTORS, THE FORM 990 IS THEN FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ENFORCEMENT OF THE CONFLICTS POLICY OF THE ORGANIZATION REQUIRES ALL OFFICERS AND DIRECTORS TO FILL OUT A CONFLICT OF INTEREST STATEMENT. FORM 990, PART VI, SECTION B, LINE 15 THE CEO'S SALARY IS APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 18 FORM 990 IS ALSO MADE AVAILABLE ON THE GUIDESTAR WEBSITE. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: FIND DESCRIPTIONS ON SCHEDULE O 5,314,324. FORM 990, PART XII, LINE 2C: NO CHANGE FROM PRIOR YEAR. FORM 990, PART XI, LINE 9: IN JULY 2021, THE ORGANIZATION ENTERED INTO A STRATEGIC ALLIANCE WITH ANOTHER NONPROFIT ORGANIZATION (HELPING ABUSED, NEGLECTED, DISADVANTAGED YOUTH, INC.). UPON ENTERING INTO THE STRATEGIC ALLIANCE, IN ACCORDANCE WITH FASB ASC NO. 805, BUSINESS COMBINATIONS, THE ORGANIZATION ELECTED TO APPLY PUSHDOWN ACCOUNTING AND ADJUSTED THEIR NONFINANCIAL ASSETS TO FAIR VALUE. DURING 2022, THE ORGANIZATION HAD THEIR PROPERTIES APPRAISED BY AN INDEPENDENT COMPANY AS WELL AS OTHER INDEPENDENT SOURCES WHO DETERMINED THE PROPERTIES' FAIR VALUE AT APPROXIMATELY $9,700,000. AS A RESULT, AN ADJUSTMENT TO NET ASSETS WAS RECORDED FOR APPROXIMATELY $5,300,000 AS DISCLOSED ON THE STATEMENT OF ACTIVITIES.