2022-11-09T08:45:33-06:00 2020-06-30 760488832 MCCONNELL & JONES LLP 4828 LOOP CENTRAL DRIVE SUITE 1000 HOUSTON TX 77081 990 2019-07-01 760216784 HOUSTON BUSINESS DEVELOPMENT INC HOUS 7138452400 5330 GRIGGS ROAD HOUSTON TX 77021 MARLON MITCHELL PRESIDENT 7138452400 2022-11-09 1 TENE THOMAS P00849229 7139681600 2022-10-21 2019 2022-09-23 18:48:47Z MARLON MITCHELL 5330 GRIGGS ROAD HOUSTON TX 77021 3381612 0 X HTTP://WWW.HBDI.ORG/ X 1986 TX THE CORPORATION'S MISSION IS TO STIMULATE ECONOMIC GROWTH, SUPPORT THE EXPANSION OF SMALL BUSINESSES, COMBAT COMMUNITY DETERIORATION AND FOSTER EMPLOYMENT OPPORTUNITIES FOR LOW-MODERATE INCOME CITIZENS IN THE HOUSTON METROPOLITAN AREA AND SURROUNDING COUNTIES. 13 13 13 0 0 0 0 1152620 1933696 1865505 0 332315 1158976 31172 3092672 3381612 0 0 0 0 1251702 826131 0 0 0 1590887 1579085 2842589 2405216 250083 976396 11996745 13927509 1539073 2427223 10457672 11500286 THE CORPORATION'S MISSION IS TO STIMULATE ECONOMIC GROWTH, SUPPORT THE EXPANSION OF SMALL BUSINESSES, COMBAT COMMUNITY DETERIORATION AND FOSTER EMPLOYMENT OPPORTUNITIES FOR LOW-MODERATE INCOME CITIZENS IN THE HOUSTON METROPOLITAN AREA AND SURROUNDING COUNTIES. 0 0 2405216 1896677 HOUSTON BUSINESS DEVELOPMENT, INC (HBDI) IS A TEXAS NON-PROFIT 501(C)(3) CORPORATION ESTABLISHED BY THE CITY OF HOUSTON (THE CITY) IN 1986 TO STIMULATE ECONOMIC GROWTH, SUPPORT THE EXPANSION OF SMALL BUSINESSES, COMBAT COMMUNITY DETERIORATION AND FOSTER EMPLOYMENT OPPORTUNITIES FOR LOW-MODERATE INCOME CITIZENS BY PROVIDING AFFORDABLE, FLEXIBLE SMALL BUSINESS LOANS, OFFICE SPACE AT REASONABLE RENTS AT ITS BUSINESS TECHNOLOGY CENTER (BTC OR PALM CENTER) AND AN ARRAY OF OTHER BUSINESS SUPPORT SERVICES, DESIGNED TO ENHANCE THE GROWTH AND SUCCESS OF SMALL BUSINESSES IN THE HOUSTON METROPOLITAN AREA AND SURROUNDING COUNTIES. 2405216 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 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 1 54 0 1 13 1 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X BIRDIE GUILLORY 7138452405 5330 GRIGGS ROAD HOUSTON TX 77021 PHILLIP AITSEBAOMO VICE CHAIR 1.00 X X 0 0 0 KEN BOLTON BOARD MEMBER 1.00 X 0 0 0 RAYMOND BOURGEOIS BOARD MEMBER 1.00 X 0 0 0 ZAWADI BRYANT TREASURER 1.00 X X 0 0 0 MICHAEL TREJO BOARD MEMBER 1.00 X 0 0 0 ALGENITA SCOTT DAVIS BOARD MEMBER 1.00 X 0 0 0 LARRY HAWKINS CHARIMAN 1.00 X X 0 0 0 MIKE KACAL BOARD MEMBER 1.00 X 0 0 0 NASR KHAN BOARD MEMBER 1.00 X 0 0 0 GEORGE JOHNSON BOARD MEMBER 1.00 X 0 0 0 CLARK LORD BOARD MEMBER 1.00 X 0 0 0 BENNY RODRIGUEZ SECRETARY 1.00 X X 0 0 0 PEARL WRIGHT BOARD MEMBER 1.00 X 0 0 0 MARLON MITCHELL PRESIDENT/CEO 40.00 X 173845 0 52173 173845 0 52173 1 0 1 0 0 1152620 1152620 RENTAL AND SERVICE INC 532000 1865505 1865505 1865505 332315 332315 OTHER INCOME 900099 31172 31172 31172 3381612 1896677 0 332315 226018 226018 487565 487565 52268 52268 60280 60280 210911 210911 16132 16132 7669 7669 35598 35598 2223 2223 250 250 51672 51672 326038 326038 340528 340528 LOAN LOSS RESERVE 110805 110805 SUPPLIES 95111 95111 UTILITIES 93659 93659 MISCELLANEOUS 80722 80722 207767 207767 2405216 2405216 0 0 1213673 2476810 26316 499100 167702 5284029 5888223 10546014 6927668 3188773 3618346 1784854 1776428 11996745 13927509 219665 157676 405 76160 1219729 2094047 99274 99340 1539073 2427223 X 10457672 11500286 10457672 11500286 11996745 13927509 976396 66218 0 X 0 0 0 X 0 1152620 1152620 1740431 3810240 2037334 3092672 1865505 12546182 1740431 3810240 2037334 3092672 3018125 13698802 0 0 0 13698802 332315 332315 332315 332315 31172 31172 1740431 3810240 2037334 3092672 3381612 14062289 0.97420 1.00000 0.02360 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 692300 692300 9278143 6805470 2472673 575571 122198 453373 3618346 PROPERTY DEVELOPMENT ASSETS 1737313 INTEREST RECEIVABLE 39115 1776428 REFUNDABLE DEPOSITS 68451 RESTRICTED COLLATERAL 8989 OTHER EXPENSES 21900 99340 0 0 0 0 0 0 0 0 0 MARLON MITCHELL PRESIDENT/CEO 173845 0 0 0 0 0 9100 0 43073 0 226018 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B 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. FORM 990, PART VI, SECTION B, 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 ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE OF THE BOARD DETERMINES THE CEO'S COMPENSATION USING COMPARABLE DATA FROM OTHER SIMILAR ORGANIZATIONS AS A GUIDE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 990 AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.