2025-11-12T14:51:04-05:00 2024-12-31 760480691 HRSS LLP 6671 SOUTHWEST FWY STE 500 HOUSTON TX 770742225 990 2024-01-01 760216784 HOUSTON BUSINESS DEVELOPMENT INC HOUS 7138452400 5330 GRIGGS ROAD HOUSTON TX 77021 MARLON MITCHELL PRESIDENT & CEO 7138452400 2025-11-12 false MOSHIN MOMIN P01612246 7133284000 2025-11-12 X 2024 2025-03-06 01:10:19Z MARLON MITCHELL 5330 GRIGGS ROAD HOUSTON TX 77021 4501590 false X HTTPS://HBDI.ORG/ X THE CORPORATION'S MISSION IS STIMULATE ECONOMIC GROWTH, COMBAT COMMUNITY DETERIORATION, REVITALIZE UNDER-SERVED COMMUNITIES, AND FACILITATE THE BUILDING OF SAFE, VIBRANT AND HEALTHY NEIGHBORHOODS 13 13 15 0 3561967 1358883 2488279 3142707 0 0 6050246 4501590 0 0 1410226 1551188 0 47000 5431356 3627400 6841582 5178588 -791336 -676998 20800493 18422202 5170882 4766930 15629611 13655272 THE CORPORATION'S MISSION IS STIMULATE ECONOMIC GROWTH, COMBAT COMMUNITY DETERIORATION, REVITALIZE UNDER-SERVED COMMUNITIES, AND FACILITATE THE BUILDING OF SAFE, VIBRANT AND HEALTHY NEIGHBORHOODS false false 4647767 1358883 3142707 ALONG WITH PROVIDING SMALL AND MINORITY BUSINESSES FLEXIBLE AND AFFORDABLE BUSINESS LOANS, MANAGEMENT AND TECHINICAL 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 4647767 true 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 false 0 0 false 15 true false false false false false false false 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 HOUSTON BUSINESS DEVELOPMENT INC HOUSTON BUSINESS DEVELOPMENT INC 7138452400 5330 GRIGGS ROAD 5330 GRIGGS ROAD HOUSTON TX 77021 X MARLON MITCHELL PRESIDENT & 40.00 X 233384 0 0 PHILIP AITSEBAOMA CHAIRMAN 1.00 X 0 0 0 KEN BOLTON TRUSTEE 1.00 X 0 0 0 RAYMOND BOURGEOIS TRUSTEE 1.00 X 0 0 0 LARRY CHAIRMAN CHAIRMAN 1.00 X 0 0 0 ALGENITA SCOTT DAVIS TRUSTEE 1.00 X 0 0 0 GEORGE E JOHNSON TRUSTEE 1.00 X 0 0 0 MIKE KACAL TRUSTEE 1.00 X 0 0 0 NASR KHAN TRUSTEE 1.00 X 0 0 0 CLARK LORD TRUSTEE 1.00 X 0 0 0 BENNY RODRIGUEZ SECRETARY 1.00 X 0 0 0 MICHAEL TREJO TRUSTEE 1.00 X 0 0 0 PEARL WRIGHT TRUSTEE 1.00 X 0 0 0 233384 2 false true false 1358883 1358883 RENTAL AND SERVICE INCOME 532000 2035344 2035344 INTEREST INCOME 462643 462643 SALE OF PROPERTY 391478 391478 OTHER INCOME 253242 253242 3142707 4501590 3142707 231293 185834 45459 877339 756503 120836 353609 236918 116691 88947 80942 8005 159389 159389 436600 389600 47000 36753 36753 36483 25538 10945 349057 349057 345034 345034 684102 684102 185315 185315 ADMINISTRATIVE CONTRACT 858785 858785 REPAIRS AND MAINTENANCE 189773 189773 PROPERTY TAX 164104 164104 CONTRACT SERVICE 109784 89597 20187 72221 69912 2309 5178588 4647767 483821 47000 897986 810409 10528168 5748819 -353782 108079 13675060 9398854 3132032 4276206 6596089 7478689 20800493 18422202 292493 357577 170450 2344965 4878389 1893938 5170882 4766930 X 15629611 13655272 15629611 13655272 20800493 18422202 -676998 -1297341 X false true false false X 2640000 4416068 2201893 3561967 1358883 14178811 974866 2435124 2666461 2479583 3142707 11698741 3614866 6851192 4868354 6041550 4501590 25877552 25877552 5777 2837 8695 17309 3620643 6854029 4868354 6050245 4501590 25894861 0.99930 0.00000 0.00000 X PART III, LINE 12 17,309 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 692300 692300 12982760 9398854 3583906 4276206 PROPERTY DEVELOPMENT 7219423 RESTRICTED CD 259266 7478689 LINE OF CREDIT 1575043 NOTES PAYABLE 189768 ACCRUED EXPENSE 129127 1893938 false false false false false false false false false MARLON MITCHELL PRESIDENT & CEO 233384 233384 FORM 990, PAGE 6, PART VI, LINE 11B NO REVIEW WAS OR WILL BE CONDUCTED. FORM 990, PAGE 6, PART VI, LINE 12C ORGANIZATION DO HAVE CONFLICT ENFORCEMENT POLICY FORM 990, PAGE 6, PART VI, LINE 15A IT WILL BE APPROVED BY BOARD MEMBERS FORM 990, PAGE 6, PART VI, LINE 19 NO DOCUMENTS AVAILABLE TO THE PUBLIC