MOUNTAIN HOUSING OPPORTUNITIES INC: Form 990, tax year 2011

View the entire original 990 at ProPublica ↗

Organization
MOUNTAIN HOUSING OPPORTUNITIES INC (EIN 58-1816998)
Tax period
2011-01-01 to 2011-12-31
Filed
2012-08-15
IRS object ID
201212289349302571
Schema version
2011v1.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Timestamp2012-08-15T12:56:54-05:00Timestamp
Tax Period End Date2011-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

FieldValueIRS element (for citing)
EIN560571159EIN

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1BERNARD ROBINSON & COMPANY LLPBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 19608AddressLine1
CityGREENSBOROCity
StateNCState
ZIP Code274199608ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2011-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN581816998EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1MOUNTAIN HOUSING OPPORTUNITIES INCBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlMOUNNameControl
Phone8282544030Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 2278AddressLine1
CityASHEVILLECity
StateNCState
ZIP Code28802ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameR SCOTT DEDMANName
TitleEXECUTIVE DIRECTORTitle
Phone8282544030Phone
Date Signed2012-08-15DateSigned
Authorize Third Party1AuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameRHONDA F SKILESName
PTINP00174702PTIN
Phone3362944494Phone
Date Prepared2012-08-09DatePrepared
FieldValueIRS element (for citing)
Tax Year2011TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name Of Principal Officer PersonR SCOTT DEDMANNameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line1PO BOX 2278AddressLine1
CityASHEVILLECity
StateNCState
ZIP Code28802ZIPCode
FieldValueIRS element (for citing)
Gross Receipts3286187GrossReceipts
Group Return For Affiliates0GroupReturnForAffiliates
Organization501c3XOrganization501c3
Web SiteWWW.MTNHOUSING.ORGWebSite
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation1988YearFormation
State Legal DomicileNCStateLegalDomicile
Activity Or Mission DescriptionTO PROVIDE AFFORDABLE HOUSING FOR LOW-INCOME INDIVIDUALS LIVING IN BUNCOMBE COUNTY.ActivityOrMissionDescription
Nbr Voting Members Governing Body12NbrVotingMembersGoverningBody
Nbr Independent Voting Members11NbrIndependentVotingMembers
Total Nbr Employees17TotalNbrEmployees
Total Nbr Volunteers87TotalNbrVolunteers
Total Gross UBI0TotalGrossUBI
Net Unrelated Business Txbl Income0NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year2228554ContributionsGrantsPriorYear
Contributions Grants Current Year1844903ContributionsGrantsCurrentYear
Program Service Revenue Prior Year870785ProgramServiceRevenuePriorYear
Program Service Revenue CY811274ProgramServiceRevenueCY
Investment Income Prior Year-40754InvestmentIncomePriorYear
Investment Income Current Year32176InvestmentIncomeCurrentYear
Other Revenue Prior Year43406OtherRevenuePriorYear
Other Revenue Current Year65335OtherRevenueCurrentYear
Total Revenue Prior Year3101991TotalRevenuePriorYear
Total Revenue Current Year2753688TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year0GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY0GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year0BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Prior Year991199SalariesEtcPriorYear
Salaries Etc Current Year844849SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year0TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year106099TotalFundrsngExpCurrentYear
Other Expense Prior Year1792524OtherExpensePriorYear
Other Expenses Current Year1378596OtherExpensesCurrentYear
Total Expenses Prior Year2783723TotalExpensesPriorYear
Total Expenses Current Year2223445TotalExpensesCurrentYear
Revenues Less Expenses Prior Year318268RevenuesLessExpensesPriorYear
Revenues Less Expenses CY530243RevenuesLessExpensesCY
Total Assets BOY11426813TotalAssetsBOY
Total Assets EOY13189656TotalAssetsEOY
Total Liabilities BOY4754795TotalLiabilitiesBOY
Total Liabilities EOY5987395TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY6672018NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY7202261NetAssetsOrFundBalancesEOY
Mission DescriptionTO PROVIDE AFFORDABLE HOUSING FOR LOW-INCOME INDIVIDUALS LIVING IN BUNCOMBE COUNTY.MissionDescription
Significant New Program Services0SignificantNewProgramServices
Significant Change0SignificantChange
Expense1938261Expense
Revenue869068Revenue
DescriptionPROVIDED PROGRAMS FOR REHABILITATION, WEATHERIZATION, MAINTENANCE & OTHER IMPROVEMENTS TO HOUSEHOLDS OF LOW-INCOME, ELDERLY AND HANDICAPPED INDIVIDUALS. PROVIDED AFFORDABLE HOUSING TO LOW-INCOME RENTERS AND FIRST-TIME HOMEOWNERS.Description
Total Program Service Expense1938261TotalProgramServiceExpense
Described In501 C31DescribedIn501C3
Schedule B Required1ScheduleBRequired
Political Activities0PoliticalActivities
Lobbying Activities0LobbyingActivities
Subject To Proxy Tax0SubjectToProxyTax
Donor Advised Funds0DonorAdvisedFunds
Conservation Easements0ConservationEasements
Collections Of Art0CollectionsOfArt
Credit Counseling0CreditCounseling
Term Or Permanent Endowments0TermOrPermanentEndowments
Report Land Bldg Equip1ReportLandBldgEquip
Report Invest Oth Securities0ReportInvestOthSecurities
Report Prog Rel Invest0ReportProgRelInvest
Report Other Assets1ReportOtherAssets
Report Other Liabilities1ReportOtherLiabilities
Report Fin48 Footnote1ReportFin48Footnote
Independent Audit Financial Stmt0IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt1ConsolidatedAuditFinancialStmt
School0School
Foreign Office0ForeignOffice
Foreign Activities0ForeignActivities
More Than5000 K To Organizations0MoreThan5000KToOrganizations
More Than5000 K To Individuals0MoreThan5000KToIndividuals
Professional Fundraising0ProfessionalFundraising
Fundraising Activities1FundraisingActivities
Gaming0Gaming
Hospital0Hospital
Grants To Organizations0GrantsToOrganizations
Grants To Individuals1GrantsToIndividuals
Schedule J Required0ScheduleJRequired
Tax Exempt Bonds0TaxExemptBonds
Excess Benefit Transaction0ExcessBenefitTransaction
Prior Excess Benefit Transaction0PriorExcessBenefitTransaction
Loan To Officer Or DQP0LoanToOfficerOrDQP
Grant To Related Person0GrantToRelatedPerson
Bsnss Rltnshp With Organization0BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member0BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp0OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions1DeductibleNonCashContributions
Deductible Contributions Of Art0DeductibleContributionsOfArt
Terminated0Terminated
Partial Liquidation0PartialLiquidation
Disregarded Entity1DisregardedEntity
Related Entity1RelatedEntity
Related Org Controlled Entity0RelatedOrgControlledEntity
Transaction Related Entity0TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org0TransfersToExemptNonChrtblOrg
Activities Conducted Partnership0ActivitiesConductedPartnership
Schedule O Required1ScheduleORequired
Number Forms Transmitted With109616NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Number Of Employees17NumberOfEmployees
Employment Tax Returns Filed1EmploymentTaxReturnsFiled
Unrelated Business Income0UnrelatedBusinessIncome
Foreign Financial Account0ForeignFinancialAccount
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTrans
Taxable Party Notification0TaxablePartyNotification
Non Deductible Contributions0NonDeductibleContributions
Quid Pro Quo Contributions1QuidProQuoContributions
Quid Pro Quo Disclosure1QuidProQuoDisclosure
Form8282 Property Disposed Of0Form8282PropertyDisposedOf
Indoor Tanning Services0IndoorTanningServices
Info In Schedule O Part VIXInfoInScheduleOPartVI
Nbr Voting Governing Body Members12NbrVotingGoverningBodyMembers
Number Independent Voting Members11NumberIndependentVotingMembers
Family Or Business Relationship0FamilyOrBusinessRelationship
Delegation Of Management Duties0DelegationOfManagementDuties
Changes To Organizing Docs0ChangesToOrganizingDocs
Material Diversion Or Misuse0MaterialDiversionOrMisuse
Members Or Stockholders0MembersOrStockholders
Election Of Board Members0ElectionOfBoardMembers
Decisions Subject To Approval0DecisionsSubjectToApproval
Minutes Of Governing Body1MinutesOfGoverningBody
Minutes Of Committees1MinutesOfCommittees
Officer Mailing Address0OfficerMailingAddress
Local Chapters0LocalChapters
Form990 Provided To Governing Body1Form990ProvidedToGoverningBody
Conflict Of Interest Policy1ConflictOfInterestPolicy
Annual Disclosure Covered Persons1AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement1RegularMonitoringEnforcement
Whistleblower Policy1WhistleblowerPolicy
Document Retention Policy1DocumentRetentionPolicy
Compensation Process CEO1CompensationProcessCEO
Compensation Process Other1CompensationProcessOther
Investment In Joint Venture0InvestmentInJointVenture
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

FieldValueIRS element (for citing)
Name PersonSELENA JIMENEZNamePerson
Telephone Number8282544030TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line164 CLINGMAN AVENUE SUITE 101AddressLine1
CityASHEVILLECity
StateNCState
ZIP Code28801ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (12 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekIndividual Trustee Or DirectorIndividualTrusteeOrDirectorReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensationOfficerOfficer
MATTHEW BACOATE JR
DIRECTOR1.00X000
PATRICK CARVER
CHAIR1.00X000X
JESSIE COLEMAN
SECRETARY1.00X000X
PATRICIA EZZELL
DIRECTOR1.00X000
TRINA BOYD
DIRECTOR1.00X000
ANN PETERSON
DIRECTOR1.00X000
DAN LOIZZO
DIRECTOR1.00X000
JANET MOORE
DIRECTOR1.00X000
ALPHIE RODRIGUEZ
VICE CHAIR1.00X000X
PAULA WILBER
DIRECTOR1.00X000
MIKE ROMERO
TREASURER1.00X000X
SCOTT DEDMAN
PRESIDENT & EXECUTIVE DIRE40.007838304552X
FieldValueIRS element (for citing)
Total Reportable Comp From Org78383TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs0TotalReportableCompFrmRltdOrgs
Total Other Compensation4552TotalOtherCompensation
Number Individuals GT100 K0NumberIndividualsGT100K
Formers Listed0FormersListed
Total Comp GT150 K0TotalCompGT150K
Compensation From Other Sources0CompensationFromOtherSources

Contractor Compensation ContractorCompensation (3 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1CityAddressOfContractor/AddressUS/CityStateAddressOfContractor/AddressUS/StateZIP CodeAddressOfContractor/AddressUS/ZIPCodeDescription Of ServicesDescriptionOfServicesCompensationCompensation
GOTCHA COVERED
PO BOX 1633CANDLERNC28715CONTRACTOR237945
WELLSCM LLC
PO BOX 2273ASHEVILLENC28802CONTRACTOR175617
LEGERTON ARCHITECTURE
21 N LIBERTY STREETASHEVILLENC28801ARCHITECTS133783
FieldValueIRS element (for citing)
Number Of Contractors GT100 K3NumberOfContractorsGT100K
Government Grants1397029GovernmentGrants
All Other Contributions447874AllOtherContributions
Noncash Contributions55822NoncashContributions
Total Contributions1844903TotalContributions

Program Service Revenue ProgramServiceRevenue (5 entries)

DescriptionDescriptionBusiness CodeBusinessCodeTotal Revenue ColumnTotalRevenueColumnRelated Or Exempt Function IncomeRelatedOrExemptFunctionIncome
DEVELOPER FEES230000477200477200
RENTAL INCOME531110133443133443
PROGRAM SERVICES531390127415127415
DISCOUNT ON NOTES RECE5222913956239562
INTEREST INCOME- NOTES5222913137031370

Total Oth Program Service Revenue TotalOthProgramServiceRevenue

FieldValueIRS element (for citing)
Total Revenue Column2284TotalRevenueColumn
Related Or Exempt Function Income2284RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Program Service Revenue811274TotalProgramServiceRevenue

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column4212TotalRevenueColumn
Related Or Exempt Function Income47RelatedOrExemptFunctionIncome
Exclusion$4,165ExclusionAmount

Gross Amount Sales Assets GrossAmountSalesAssets

FieldValueIRS element (for citing)
Other545800Other

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

FieldValueIRS element (for citing)
Other517836Other

Gain Or Loss GainOrLoss

FieldValueIRS element (for citing)
Other27964Other

Net Gain Or Loss Investments NetGainOrLossInvestments

FieldValueIRS element (for citing)
Total Revenue Column27964TotalRevenueColumn
Related Or Exempt Function Income27964RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Gross Income Fundraising Events50215GrossIncomeFundraisingEvents
Fundraising Direct Expenses14663FundraisingDirectExpenses

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

FieldValueIRS element (for citing)
Total Revenue Column35552TotalRevenueColumn
Exclusion$35,552ExclusionAmount

Other Revenue Misc OtherRevenueMisc

FieldValueIRS element (for citing)
DescriptionMISCELLANEOUS INCOMEDescription
Business Code531390BusinessCode
Total Revenue Column29783TotalRevenueColumn
Related Or Exempt Function Income29783RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Other Revenue29783TotalOtherRevenue

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column2753688TotalRevenueColumn
Related Or Exempt Function Income869068RelatedOrExemptFunctionIncome
Unrelated Business Revenue0UnrelatedBusinessRevenue
Exclusion$39,717ExclusionAmount

Comp Current Officers Directors CompCurrentOfficersDirectors

FieldValueIRS element (for citing)
Total78383Total
Program Services78383ProgramServices

Other Salaries And Wages OtherSalariesAndWages

FieldValueIRS element (for citing)
Total593013Total
Program Services445528ProgramServices
Management And General83884ManagementAndGeneral
Fundraising63601Fundraising

Pension Plan Contributions PensionPlanContributions

FieldValueIRS element (for citing)
Total16605Total
Program Services13392ProgramServices
Management And General2184ManagementAndGeneral
Fundraising1029Fundraising

Other Employee Benefits OtherEmployeeBenefits

FieldValueIRS element (for citing)
Total106728Total
Program Services91510ProgramServices
Management And General7579ManagementAndGeneral
Fundraising7639Fundraising

Payroll Taxes PayrollTaxes

FieldValueIRS element (for citing)
Total50120Total
Program Services39563ProgramServices
Management And General5973ManagementAndGeneral
Fundraising4584Fundraising

Fees For Services Legal FeesForServicesLegal

FieldValueIRS element (for citing)
Total12838Total
Program Services9701ProgramServices
Management And General3137ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total37000Total
Management And General37000ManagementAndGeneral

Advertising Advertising

FieldValueIRS element (for citing)
Total7838Total
Program Services5422ProgramServices
Management And General1706ManagementAndGeneral
Fundraising710Fundraising

Office Expenses OfficeExpenses

FieldValueIRS element (for citing)
Total12530Total
Program Services10303ProgramServices
Management And General854ManagementAndGeneral
Fundraising1373Fundraising

Information Technology InformationTechnology

FieldValueIRS element (for citing)
Total24590Total
Program Services17036ProgramServices
Management And General1348ManagementAndGeneral
Fundraising6206Fundraising

Travel Travel

FieldValueIRS element (for citing)
Total13884Total
Program Services9881ProgramServices
Management And General3458ManagementAndGeneral
Fundraising545Fundraising

Conferences Meetings ConferencesMeetings

FieldValueIRS element (for citing)
Total9475Total
Program Services2433ProgramServices
Management And General7042ManagementAndGeneral

Interest Interest

FieldValueIRS element (for citing)
Total246597Total
Program Services236930ProgramServices
Management And General8372ManagementAndGeneral
Fundraising1295Fundraising

Depreciation Depletion DepreciationDepletion

FieldValueIRS element (for citing)
Total145661Total
Program Services139994ProgramServices
Management And General4171ManagementAndGeneral
Fundraising1496Fundraising

Insurance Insurance

FieldValueIRS element (for citing)
Total38175Total
Program Services35425ProgramServices
Management And General1314ManagementAndGeneral
Fundraising1436Fundraising

Other Expenses OtherExpenses (4 entries)

DescriptionDescriptionTotalTotalProgram ServicesProgramServicesManagement And GeneralManagementAndGeneralFundraisingFundraising
DEVELOPMENT & CONSTRUCT45128145108492105
PROFESSIONAL AND CONSUL1591841494949690
CONTRIBUTION EXPENSE125000125000
LOSS ON INVESTMENTS2200022000

All Other Expenses AllOtherExpenses

FieldValueIRS element (for citing)
Total72543Total
Program Services55182ProgramServices
Management And General10971ManagementAndGeneral
Fundraising6390Fundraising

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total2223445Total
Program Services1938261ProgramServices
Management And General179085ManagementAndGeneral
Fundraising106099Fundraising

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY777971BOY
EOY1419303EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

FieldValueIRS element (for citing)
BOY174170BOY
EOY269363EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

FieldValueIRS element (for citing)
BOY547455BOY
EOY323730EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

FieldValueIRS element (for citing)
BOY2939BOY
EOY5861EOY
FieldValueIRS element (for citing)
Land Buildings Equipment Basis7369616LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec1097216LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

FieldValueIRS element (for citing)
BOY5018239BOY
EOY6272400EOY

Investments Program Related InvestmentsProgramRelated

FieldValueIRS element (for citing)
BOY1273BOY
EOY1320EOY

Intangible Assets IntangibleAssets

FieldValueIRS element (for citing)
BOY5742BOY
EOY7708EOY

Other Assets Total OtherAssetsTotal

FieldValueIRS element (for citing)
BOY4899024BOY
EOY4889971EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY11426813BOY
EOY13189656EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
BOY294921BOY
EOY630138EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

FieldValueIRS element (for citing)
BOY4422307BOY
EOY5309948EOY

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
BOY37567BOY
EOY47309EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY4754795BOY
EOY5987395EOY
FieldValueIRS element (for citing)
Follow SFAS117XFollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

FieldValueIRS element (for citing)
BOY1438004BOY
EOY1780818EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY5118814BOY
EOY5058038EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY115200BOY
EOY363405EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY6672018BOY
EOY7202261EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY11426813BOY
EOY13189656EOY
FieldValueIRS element (for citing)
Reconcilation Revenue Expenses530243ReconcilationRevenueExpenses
Reconcilation Other Changes0ReconcilationOtherChanges
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or Review0AccountantCompileOrReview
FS Audited1FSAudited
Audit Committee1AuditCommittee
Financial Statement ConsolidatedXFinancialStatementConsolidated
Federal Grant Audit Required1FederalGrantAuditRequired
Federal Grant Audit Performed1FederalGrantAuditPerformed

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org170b1 AviXPubliclySupportedOrg170b1Avi

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years4437524CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years3547334CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years2459519CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year2228554CurrentTaxYearMinus1Year
Current Tax Year1844903CurrentTaxYear
Total14517834Total

Total170 Total170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years4437524CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years3547334CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years2459519CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year2228554CurrentTaxYearMinus1Year
Current Tax Year1844903CurrentTaxYear
Total14517834Total
FieldValueIRS element (for citing)
Public Support Total17014517834PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years2033CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years4766CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years2783CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year4949CurrentTaxYearMinus1Year
Current Tax Year4165CurrentTaxYear
Total18696Total

Other Income170 OtherIncome170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years4504CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years30770CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years13748CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year10088CurrentTaxYearMinus1Year
Current Tax Year29783CurrentTaxYear
Total88893Total
FieldValueIRS element (for citing)
Total Support14625423TotalSupport
Gross Receipts From Admissions Etc3399104GrossReceiptsFromAdmissionsEtc
Public Support Pertcentage1700.99260PublicSupportPertcentage170
Public Support Pertcent Prior Year0.99440PublicSupportPertcentPriorYear
Thirty Three Percnt Tests CY170XThirtyThreePercntTestsCY170

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor NumberRESTRICTEDContributorNumber

Contributor Name Business ContributorNameBusiness

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Aggregate ContributionsRESTRICTEDAggregateContributions

Schedule D IRS990ScheduleD

Land Land

FieldValueIRS element (for citing)
Other Cost Or Other Basis57805OtherCostOrOtherBasis
Book Value57805BookValue

Buildings Buildings

FieldValueIRS element (for citing)
Other Cost Or Other Basis5294193OtherCostOrOtherBasis
Depreciation963896Depreciation
Book Value4330297BookValue

Equipment Equipment

FieldValueIRS element (for citing)
Other Cost Or Other Basis161446OtherCostOrOtherBasis
Depreciation133320Depreciation
Book Value28126BookValue

Other Land Buildings OtherLandBuildings

FieldValueIRS element (for citing)
Other Cost Or Other Basis1856172OtherCostOrOtherBasis
Book Value1856172BookValue
FieldValueIRS element (for citing)
Total Of Book Value Land Buildings6272400TotalOfBookValueLandBuildings

Other Assets OtherAssets (6 entries)

DescriptionDescriptionBook ValueBookValue
ASSETS HELD BY OTHER- CFWNC ENDOWMENT5249
DUE FROM RELATED PARTY3804954
LOAN RECEIVABLE - HOMEOWNERSHIP394200
REAL ESTATE HELD FOR DEVELOPMENT682667
SALES TAX RECEIVABLE2007
DEPOSITS894
FieldValueIRS element (for citing)
Total Book Value Other Assets4889971TotalBookValueOtherAssets

Other Liabilities OtherLiabilities (2 entries)

DescriptionDescriptionAmountAmount
TENANT SECURITY DEPOSITS$44,241
PREPAID RENT$3,068
FieldValueIRS element (for citing)
Total Of Amounts47309TotalOfAmounts
Total Revenue2753688TotalRevenue
Total Expenses2223445TotalExpenses
Excess Or Deficit For Year530243ExcessOrDeficitForYear
Excess Or Deficit Per FS530243ExcessOrDeficitPerFS

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (2 entries)

IdentifierIdentifierReturn ReferenceReturnReferenceExplanationExplanation
DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS:PART V, LINE 4:THE PURPOSE OF THE SELF-HELP HOMEOWNERSHIP PROGRAM IS TO PROVIDE AN OPPORTUNITY TO LOW-INCOME RESIDENTS OF BUNCOMBE COUNTY TO BECOME HOMEOWNERS BY ALLOWING FAMILIES AND INDIVIDUALS TO CONTRIBUTE "SWEAT EQUITY" CONSTRUCTION HOURS TO REDUCE THE COST OF THEIR HOMES. MHO FACILITATES THE PROGRAM AND ACTS AS AN AGENT TO EACH FAMILIES LOANS THROUGH USDA TO BUILD THE HOMES.
DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48:PART X:IT IS THE ORGANIZATION'S POLICY TO EVALUATE ALL TAX POSITIONS TO IDENTIFY ANY THAT MAY BE CONSIDERED UNCERTAIN. ALL IDENTIFIED MATERIAL TAX POSITIONS ARE ASSESSED AND MEASURED BY A "MORE-LIKELY-THAN-NOT" THRESHOLD TO DETERMINE IF THE TAX POSITION IS UNCERTAIN AND WHAT, IF ANY, THE EFFECT OF THE UNCERTAIN TAX POSITION MAY HAVE ON THE CONSOLIDATED FINANCIAL STATEMENTS. NO MATERIAL UNCERTAIN TAX POSITIONS WERE IDENTIFIED FOR 2011 AND 2010. CURRENTLY, THE STATUTE OF LIMITATIONS REMAINS OPEN SUBSEQUENT TO AND INCLUDING 2008; HOWEVER, NO EXAMINATIONS ARE IN PROCESS OR ANTICIPATED.

Schedule G IRS990ScheduleG

Events Information EventsInformation

FieldValueIRS element (for citing)
Name Of Event1ART AUCTIONNameOfEvent1
Gross Receipts Event150215GrossReceiptsEvent1
Gross Revenue Event150215GrossRevenueEvent1
Other Direct Expenses Event114663OtherDirectExpensesEvent1
Gross Receipts Total50215GrossReceiptsTotal
Gross Revenue Total Events50215GrossRevenueTotalEvents
Other Direct Expenses Total Events14663OtherDirectExpensesTotalEvents
Direct Expense Summary Events14663DirectExpenseSummaryEvents
Net Income Summary35552NetIncomeSummary

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Records Maintained1RecordsMaintained

Form990 Schedule I Part III Form990ScheduleIPartIII

FieldValueIRS element (for citing)
Type Of GrantTHE PRIMARY GOAL OF THE EMERGENCY HOME REPAIR PROGRAM IS TO REDUCE THE IMMEDIATE THREAT TO LIFE, HEALTH, AND SAFETY IN HOMES OWNED AND OCCUPIED BY LOW-INCOME PEOPLE LIVING IN BUNCOMBE COUNTY.TypeOfGrant
Number Of Recipients142NumberOfRecipients
Amount Of Non Cash Assistance637447AmountOfNonCashAssistance
Description Of Non Cash AssistanceTHROUGH THIS PROGRAM ASSISTANCE IS PROVIDED THROUGH CONTRACTORS THAT HELP REPAIR THE HOMES WITH HANDICAPPED RAMPS, NEW HOME HEATING UNITS, AND VARIOUS OTHER HOME REPAIRS.DescriptionOfNonCashAssistance

Form990 Schedule I Part IV Form990ScheduleIPartIV

FieldValueIRS element (for citing)
IdentifierPROCEDURE FOR MONITORING GRANTS IN THE U.S.:Identifier
Return ReferencePART I, LINE 2:ReturnReference
ExplanationSCHEDULE I, PART I, LINE 2: THE PROGRAM HAS ELIGIBILITY DETERMINATION FOR PEOPLE WHO BENEFIT FROM THE SERVICES WHICH ARE REVIEWED BY THE PROGRAM MANAGER TO MONITOR PROPER USE OF THE FUNDS.Explanation

Schedule M IRS990ScheduleM

Real Estate Residential RealEstateResidential

FieldValueIRS element (for citing)
Non Cash CheckboxXNonCashCheckbox
Number Of Contributions1NumberOfContributions
Noncash Contribs Rptd F99055822NoncashContribsRptdF990
Method Of Determining RevenuesFAIR MARKET VALUEMethodOfDeterminingRevenues
FieldValueIRS element (for citing)
Any Property That Must Be Held0AnyPropertyThatMustBeHeld
Review Process Unusual NC Gifts0ReviewProcessUnusualNCGifts
Third Parties Used0ThirdPartiesUsed

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (4 entries)

Return ReferenceReturnReferenceExplanationExplanation
FORM 990, PART VI, SECTION B, LINE 11ALL MEMBERS OF THE GOVERNING BODY RECEIVE A COPY OF FORM 990 AND AN OPPORTUNITY TO COMMENT OR RAISE QUESTIONS BEFORE THE DOCUMENT IS FILED.
FORM 990, PART VI, SECTION B, LINE 12CA POTENTIAL CONFLICT OF INTEREST IS REPORTED TO A DIFFERENT LEVEL OF MANAGEMENT UP TO AND INCLUDING THE FULL BOARD OF DIRECTORS DEPENDING ON THE AMOUNT OF FUNDS AFFECTED. IN ADDITION, THE BOARD OF DIRECTORS AND STAFF MEMBERS MUST DISCLOSE POTENTIAL CONFLICTS ANNUALLY BY LISTING PROPERTY, BUSINESS OWNERSHIP AND INVESTMENTS ON A DISCLOSURE FORM.
FORM 990, PART VI, SECTION B, LINE 15COMPARABLE DATA AND RECOMMENDATIONS FROM NEIGHBORWORKS OF AMERICA AND OTHER SOURCES ARE USED IN DETERMING COMPENSATION. THE EXECUTIVE COMMITTEE REVIEWS AND APPROVES ALL COMPENSATION.
FORM 990, PART VI, SECTION C, LINE 19UPON REQUEST.

Schedule R IRS990ScheduleR

Form990 Schedule R Part I Form990ScheduleRPartI

Name Of Disregarded Entity NameOfDisregardedEntity

FieldValueIRS element (for citing)
Business Name Line1GLEN ROCK COMMERCIAL LLCBusinessNameLine1

Address US AddressUS

FieldValueIRS element (for citing)
Address Line164 CLINGMAN AVENUE SUITE 101AddressLine1
CityASHEVILLECity
StateNCState
ZIP Code28801ZIPCode
FieldValueIRS element (for citing)
Legal Domicile StateNCLegalDomicileState
Total Income-78438TotalIncome
EOY Assets1633031EOYAssets

Form990 Schedule R Part II Form990ScheduleRPartII

Name Of Disregarded Entity NameOfDisregardedEntity

FieldValueIRS element (for citing)
Business Name Line1MOUNTAIN HOUSING OPPORTUNITIES LOAN FUND INCBusinessNameLine1

Address US AddressUS

FieldValueIRS element (for citing)
Address Line1PO BOX 2278AddressLine1
CityASHEVILLECity
StateNCState
ZIP Code28802ZIPCode
FieldValueIRS element (for citing)
EIN271087774EIN
Primary ActivitiesDOWNPAYMENT ASSISTANCE PROGRAMPrimaryActivities
Legal Domicile StateNCLegalDomicileState
Exempt Code SectionAPPLIED FORExemptCodeSection
Public Charity StatusAPPLIED FORPublicCharityStatus
Controlled Org0ControlledOrg

Form990 Schedule R Part III Form990ScheduleRPartIII (10 entries)

Address Line1AddressUS/AddressLine1CityAddressUS/CityStateAddressUS/StateZIP CodeAddressUS/ZIPCodeEINEINPrimary ActivityPrimaryActivityLegal Domicile StateLegalDomicileStatePredominant Income TypePredominantIncomeTypeDisproportionate AllocationsDisproportionateAllocationsGeneral Or Managing PartnerGeneralOrManagingPartnerPercentage OwnershipPercentageOwnership
ARDEN-RIVER GLEN LLC
PO BOX 2278ASHEVILLENC28802561998993APARTMENT RENTALNCRELATED010.01000
COMPTON PLACE LLC
PO BOX 2278ASHEVILLENC28802562270203APARTMENT RENTALNCRELATED010.00010
CROWELL PARK APARTMENTS LLC
PO BOX 2278ASHEVILLENC28802205250368APARTMENT RENTALNCRELATED010.00010
GRIFFIN APARTMENTS LLC
PO BOX 2278ASHEVILLENC28802550864620APARTMENT RENTALNCRELATED010.00010
NORTHPOINT COMMONS II LLC
PO BOX 2278ASHEVILLENC28802522446882APARTMENT RENTALNCRELATED010.00010
NORTHPOINT COMMONS LLC
PO BOX 2278ASHEVILLENC28802043751700APARTMENT RENTALNCRELATED010.00010
WIND RIDGE LLC
PO BOX 2278ASHEVILLENC28802562162639APARTMENT RENTALNCRELATED010.00010
GLEN ROCK PROPERTIES LLC
PO BOX 2278ASHEVILLENC28802204392046APARTMENT RENTALNCRELATED010.00010
WESTMORE PROPERTIES LLC
PO BOX 2278ASHEVILLENC28802270824923APARTMENT RENTALNCRELATED010.00010
LARCHMONT APARTMENTS LLC
PO BOX 2278ASHEVILLENC28802273415529APARTMENT RENTALNCRELATED010.00010
FieldValueIRS element (for citing)
Receipt Of Int Ann Rents Royalties0ReceiptOfIntAnnRentsRoyalties
Gift Grant Or Cap Contr To Other Org0GiftGrantOrCapContrToOtherOrg
Gift Grant Or Cap Contr Fr Other Org0GiftGrantOrCapContrFrOtherOrg
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrg
Loans Or Guarantees From Other Org0LoansOrGuaranteesFromOtherOrg
Sale Of Assets To Other Org0SaleOfAssetsToOtherOrg
Purchase Of Assets From Other Org0PurchaseOfAssetsFromOtherOrg
Exchange Of Assets0ExchangeOfAssets
Rental Of Facilities To Other Orgs0RentalOfFacilitiesToOtherOrgs
Rental Of Facilities Fr Other Orgs0RentalOfFacilitiesFrOtherOrgs
Perform Of Services For Other Orgs0PerformOfServicesForOtherOrgs
Perform Of Services By Other Orgs0PerformOfServicesByOtherOrgs
Sharing Of Facilities0SharingOfFacilities
Sharing Of Paid Employees0SharingOfPaidEmployees
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrg
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrg
Other Transfer To Other Org0OtherTransferToOtherOrg
Other Transfer From Other Org0OtherTransferFromOtherOrg

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