2023-02-23T17:00:02-05:00 2020-12-31 Bankole Okoye & Associates PC 11511 Katy Freeway Suite 501 Houston TX 77079 990 2020-07-01 760216784 Houston Business Development Inc HOUS 5330 Griggs Road Houston TX 77021 Marlon Mitchell President & CEO 7138452418 2023-02-20 true Marlon Mitchell XXX-XX-XXXX Abiodun Bankole P00121218 2817417900 2023-02-23 X 0 00 AAL1 IAL1 2020 2023-03-07 01:45:13Z Marlon Mitchell 3620643 false X www.hbdi.org X 1986 TX The corporations mission is stimulate economic growth, combat community deterioration, revitalize under-served communities, and facilitate the bulding of safe,vibrant and healthy neighborhoods. 13 13 10 0 0 1151720 2640000 2170751 974866 0 98569 5777 3421040 3620643 0 0 1051378 627675 0 0 1840700 1694693 2892078 2322368 528962 1298275 15982475 15684831 4725035 3129116 11257440 12555715 The corporations mission is stimulate economic growth, combat community deterioration, revitalize under-served communities, and facilitate the bulding of safe,vibrant and healthy neighborhoods. false false 2322368 974866 Along with providing small and minority businesses flexible and affordable business loans, management and technical assistance services and office space at reasonable rents at its Business Technology Center (BTC or Palm Center), HBDi now offers a more comprehensive approach to community development, including credit management training, small business incubation, the development of affordable single-family homes and multi-family rental apartments, and the adaptive reuse of commercial properties in underserved neighborhoods. 2322368 true true false false false false false false false true false false true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 59 0 10 true false false false false false false false false false false X 13 13 false false false false false false false true true false false true true true true true true true false false X Birdie Guillory 7138452418 5330 Griggs Road Houston TX 77021 Marlon Mitchell President & CEO 40.00 0.00 X X 99689 0 23512 George Johnson Director 1.00 0.00 X 0 0 0 Nasr Khan Director 1.00 0.00 X 0 0 0 Pearl Wright Director 1.00 0.00 X 0 0 0 Mike Kacal Director 1.00 0.00 X 0 0 0 Machael Trejo Director 1.00 0.00 X 0 0 0 Clark Lord Director 1.00 0.00 X 0 0 0 Raymond Bourgeois Director 1.00 0.00 X 0 0 0 Ken Bolton Director 1.00 0.00 X 0 0 0 Algenita Scott Davis Director 1.00 0.00 X 0 0 0 Phillip Aitsebaomo Vice Chairman 1.00 0.00 X X 0 0 0 Larry Hawkins Chairman 1.00 0.00 X X 0 0 0 Benny Rodriguez Secretary 1.00 0.00 X X 0 0 0 Ziwadi Bryant Treasurer 1.00 0.00 X X 0 0 0 99689 0 23512 0 false false false Recruiting Source International LLC 21210 Kingsland Blvd Suite 2000 Katy TX 77450 Contract Service 461327 Risma Inc 13602 Cottage Arbor Sugar Land TX 77498 Construction 145120 Robert Half International Inc 2613 Camino Ramon San Ramon CA 94583 Contract Service 171435 System Soft Technologies LLC 3000 Bayport Drive Suite 840 Tampa FL 33607 Contract 224760 Tech Therapy LP 8524 Highway 6 North Suite 269 Houston TX 77098 IT Services 126227 5 2640000 2640000 Rental & Service Income 532000 973721 973721 Interest Income & Fees 522299 1145 1145 974866 Other income 900099 5777 5777 5777 3620643 980643 0 0 X 127782 127782 351937 351937 7700 7700 117545 117545 22711 22711 9534 9534 132161 132161 103530 103530 21954 21954 Loan Loss Reserve 52019 52019 Supplies 18249 18249 Building repairs & maintenan 62465 62465 Miscellaneous 52580 52580 1242201 1242201 2322368 2322368 0 0 2207801 1632126 45384 250264 5987652 5808704 87942 87942 10185709 6927669 3220379 3258040 4433317 4647755 15982475 15684831 149715 94030 38194 39755 3568014 2025719 969112 969612 4725035 3129116 X 10142267 9090542 1115173 3465173 11257440 12555715 15982475 15684831 1298275 0 X X false false true false X 1093000 1151720 2640000 4884720 3810240 2037334 1948301 2170751 974866 10941492 3810240 2037334 3041301 3322471 3614866 15826212 15826212 212465 98569 5777 316811 3810240 2037334 3253766 3421040 3620643 16143023 0.98040 0.97820 0.00000 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 692300 692300 9315804 6805470 2510334 177605 122199 55406 3258040 Property development investment 4541820 Rental income & related receivables 163035 Interest Receivable -57100 4647755 Refundable deposits 64132 Cash held for others 5091 Line of credit & PPP Loans 900389 969612 Form 990 governing body review Part VI line 11 The organizations Form 990 will be provided to the Audit Committee through an intranet secured site for review and comments before it is filed with the IRS. Conflict of interest policy compliance Part VI line 12c Board members are required to complete a conflict of interest questionnaire annually to disclose real or potential conflicts with parties having relationships with the organinzation. CEO executive director top management comp Part VI line 15a The Executive Committee of the Board determines the CEOs compesation using comparable data from other similar organizations as a guide. Governing documents etc available to public Part VI line 19 The organization makes its Form 990 and financial statements available to the public upon request. Not undergone required audits or steps for audit part XII line 3b The Organization is working on getting the financial statements audited. List of other expenses Part IX line 24e Contract Costs $1,198,384Payroll Processing $ 8,544Professional Fee $ 3,383Equipment Purchase, Lease & Repairs $ 18,722Telephone & Other Communications $ 11,797Printing & Publications $ 480Postage $ 246Bank & Other Charges $ 645