2019-05-15T16:34:46-04:00 2018-06-30 452038614 Bankole Okoye & Associates PC 11511 Katy Freeway Suite 501 Houston TX 77079 990 2017-07-01 760216784 Houston Business Development Inc HOUS 5330 Griggs Road Houston TX 77021 Marlon Mitchell President 7138452148 2019-05-15 true Abiodun Bankole P00121218 2817417900 2019-05-15 X 50.78.220.206 2019-05-15 16:34:36 7992112019135hvqbs0e 2019-05-15 P FCFD6C02DA70701D8A1DA3D104C4C24C39574EFE FCFD6C02DA70701D8A1DA3D104C4C24C39574EFE 2017 2019-02-21 02:37:17Z Marlon Mitchell 2037334 false X www.hbdi.org X 1986 TX To stimulate economic growth, support the expansion of small businesses, combat community deterioration and foster employment opportunities for low-moderate income citizens by providing flexible small business loans & office space at reasonable rents to businesses. 12 12 14 0 0 0 1830801 1795284 0 1979439 242050 3810240 2037334 0 0 1068414 1259193 0 0 1765019 1264074 2833433 2523267 976807 -485933 11714355 11456685 1264785 1493048 10449570 9963637 To stimulate economic growth, support the expansion of small businesses, combat community deterioration and foster employment opportunities for low-moderate income citizens by providing flexible small business loans & office space at reasonable rents to businesses. false false 2411663 1795284 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. 2411663 true false 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 true false false false false false false false false false false false false false false false false false true 44 0 true 14 true false false false false false false false false false false false false X 12 12 false false false false false false false true true false false false true true true true true true false false X Marlon Mitchell 7138452418 5330 Griggs Road Houston TX 77021 Larry Hawkins Chairman 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 Mike Kacal 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 Carlos Sandoval Director 2.00 0.00 X 0 0 0 Raymond Bourgeois Director 2.00 0.00 X 0 0 0 Marlon Mitchell President & CEO 40.00 0.00 X X 188180 0 0 188180 0 0 1 false true false Elias Commercial Roof Systems 448 W 19th Street Suite 152 Houston TX 77088 Roofing Work 126400 K2K Investments LLC 5330 Griggs Road Houston TX 77021 Construction 348356 2 Leased office space 532000 1418559 1418559 Lending & related servi 522299 376725 376725 1795284 Other income 522299 163783 163783 Sale of inv property 522299 49272 49272 other income 522299 28995 28995 242050 2037334 2037334 0 0 X 188180 188180 722703 718640 4063 17400 17400 260094 260074 20 70816 70447 369 87305 79415 7890 12168 12168 347370 339964 7406 1079 656 423 65349 45746 19603 320797 320797 61551 34718 26833 Building repairs & maintenan 130816 130816 Equipment lease & repairs 27477 27477 Telephone & Other communicat 4644 4644 Supplies 20820 20648 172 184698 139873 44825 2523267 2411663 111604 0 2794660 1632752 26316 26316 73830 5098353 4970157 65541 11825182 8421246 3177876 3403936 543320 1357983 11714355 11456685 333346 147709 35114 12497 793122 1153096 103203 179746 1264785 1493048 X 10449570 9963637 10449570 9963637 11714355 11456685 -485933 0 X false false false X 2000000 2000000 1858190 1715953 1740431 3810240 2037334 11162148 3858190 1715953 1740431 3810240 2037334 13162148 13162148 3858190 1715953 1740431 3810240 2037334 13162148 1.00000 1.00000 0.00000 0.00000 X 692300 692300 10767958 8127513 2640445 364924 293733 71191 3403936 Property held for sale 1357983 1357983 Refundable deposits 74237 Cash held for others 7839 Other payable 97670 179746 X false false false false false false false false false Marlon Mitchell President & CEO 188180 188180 Amended return information The original return was completed and filed with unaudited financial information. Thereturn is being amended because the audited financial statements are now available. 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. List of other fees for services expenses Part IX line 11g Contract services $79,324Payroll services $16,246Property management $231,398Professional services $55,197 List of other expenses Part IX line 24e Printing and Publication $375Postage $855Loan loss reserves and bad debt $75,519Bank and other charges $30,286Miscellaneous $76,663