2021-05-10T14:14:12-04:00 2019-06-30 752038614 Bankole Okoye & Associates PC 11511 Katy Freeway Suite 501 Houston TX 77079 990 2018-07-01 760216784 Houston Business Development Inc HOUS 5330 Griggs Road Houston TX 77021 Marlon Mitchell President 7138452148 2021-04-22 true Abiodun Bankole P00121218 2817417900 2021-05-10 X 2018 2022-09-23 18:48:47Z X Marlon Mitchell 3253766 false X www.hbdi.org X 1986 TX Stimulate economic growth, combat community deterioration, revitalize under-served communities, and facilitate the bulding of safe,vibrant and healthy neighborhoods. 14 14 14 0 0 0 1795284 1948301 0 242050 1305465 2037334 3253766 0 0 1259193 1251702 0 0 1264074 1477924 2523267 2729626 -485933 524140 11456685 12297492 1493048 1569014 9963637 10728478 Stimulate economic growth, combat community deterioration, revitalize under-served communities, and facilitate the bulding of safe,vibrant and healthy neighborhoods. false false 2720758 1948301 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 homesand multi-family rental apartments, and the adaptive reuse of commercial properties in underserved neighborhoods. 2720758 true false false false false false false false false true false false true true false true false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false true 44 0 14 true false false false false false false false false false false false false false false X 14 14 false false false false false false false true true false false true true true true true true true false false X Marlon Mitchell 7138452418 5330 Griggs Road Houston TX 77021 Larry Hawkins Chirman 2.00 0.00 X X 0 0 0 Phillip Aitsebaomo Vice Chairman 2.00 0.00 X X 0 0 0 Ziwadi Bryant Treasurer 2.00 0.00 X X 0 0 0 Raymond Bourgeois Director 2.00 0.00 X 0 0 0 Ken Bolton Director 2.00 0.00 X 0 0 0 Algenita Scott Davis Director 2.00 0.00 X 0 0 0 Clark Lord Director 2.00 0.00 X 0 0 0 Nasr Khan Director 2.00 0.00 X 0 0 0 George Johnson Director 2.00 0.00 X 0 0 0 Richard Chappell Director 2.00 0.00 X 0 0 0 Pearl Wright Director 2.00 0.00 X 0 0 0 Benny Rodriguez Secretary 2.00 0.00 X X 0 0 0 Mike Kacal Director 2.00 0.00 X 0 0 0 Machael Trejo Director 2.00 0.00 X 0 0 0 Marlon Mitchell President & CEO 40.00 0.00 X X 165745 0 0 165745 0 0 1 false true false Leased office space 532000 1553813 1553813 Lending & related servi 522299 394488 394488 1948301 Other income 522299 212465 212465 Gtants & contributions 522299 1093000 1093000 1305465 3253766 3253766 0 0 X 866122 866122 317501 317501 68079 68079 99831 99831 323276 323276 933 933 77678 77678 356589 356589 105914 105914 Building repairs & maintenan 109737 109737 Equipment lease & repairs 33162 33162 Telephone & Other communicat 4913 4913 Supplies 25968 25968 339923 331055 8868 2729626 2720758 8868 0 1632752 1213428 26316 26316 500000 4970157 5284029 65541 101818 11961018 8777835 3403936 3183183 1357983 1988718 11456685 12297492 147709 200716 12497 16403 1153096 1202190 179746 149705 1493048 1569014 X 9963637 10728478 9963637 10728478 11456685 12297492 X 524140 240701 X false true X true false X 1715953 1740431 3810240 2037334 3253766 12557724 1715953 1740431 3810240 2037334 3253766 12557724 12557724 1715953 1740431 3810240 2037334 3253766 12557724 1.00000 1.00000 0.00000 0.00000 X 692300 692300 10881868 8460684 2421184 386850 317151 69699 3183183 Property held for sale 1741874 Other Receivables 246844 1988718 Refundable deposits 94171 Cash held for others 5103 Line of credit 50431 149705 3253766 3253766 3253766 2729626 2729626 2729626 X false false false false false false false false false Marlon Mitchell President & CEO 165745 165745 Amended return information The return is being amended to reflect amounts and information contained in the audited financial statements. 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. Explanation of other changes in net assets or fund balances Part XI line 9 This is a reconciling balance. It will be eliminated when the return is amended using audited balances. List of other fees for services expenses Part IX line 11g Contract services $26,346Payroll services $17,946Property management $5Professional services $55,529 List of other expenses Part IX line 24e Printing and Publication $1,494Postage $1,064Loan loss reserves and bad debt $219,419Bank and other charges $13,881Miscellaneous $81,343