2024-04-02T15:14:48-05:00 2023-06-30 FORVIS LLP PO BOX 3667 LITTLE ROCK AR 722033667 990 2022-07-01 710552782 HOUSING OPPORTUNITIES INC % SHERRY YOUNG WATKINS HOUS 9037912270 600 E 43RD STREET TEXARKANA AR 71854 BRAD BAILEY INTERIM CEO 9037912270 2024-04-02 true BRAD BAILEY 000000000 AMBER SHERRILL P00748683 5013721040 2022 2023-04-26 12:10:37Z X MEGAN SCHROEDER P O BOX 1201 TEXARKANA TX 75503 854073 false X WWW.OPPINC.ORG X 1981 AR TO PROVIDE ELDERLY PERSONS AND HANDICAPPED PERSONS WITH HOUSING FACILITIES AND SERVICES SPECIALLY DESIGNED TO MEET THEIR PHYSICAL, SOCIAL AND PSYCHOLOGICAL NEEDS 5 5 0 5 0 0 0 320440 573115 219124 1115 5160 0 309349 574230 854073 0 0 0 0 72565 67533 0 0 0 413046 488093 485611 555626 88619 298447 788093 1096050 47756 57266 740337 1038784 TO PROVIDE DEVELOPMENTAL AND SUPPORT SERVICES THAT EMPOWER INDIVIDUALS TO ATTAIN A FULL LIFE IN THE COMMUNITY. false false 463460 0 219124 RENTAL OF APARTMENTS TO ELDERLY AND HANDICAPPED TENANTS UNDER HUD SECTION 202 RENTAL PROGRAMS 463460 true true false false false false false false false false true false false true true false false true false false false false false false false false false false false false false false false false false false false false false false false false false true true false false false true 0 0 0 false false false false false false false false false false false false X 5 5 false false false false false false false true true false false false true true true false true false false false X SHERRY YOUNG WATKINS 9037912270 600 E 43RD STREET TEXARKANA AR 71854 SHERRY YOUNG WATKINS CEO 40.0 0.0 X 0 88644 0 KATHALEEN SANDERS CFO 40.0 0.0 X 0 82849 0 MEGAN SCHROEDER PRESIDENT 1.0 0.0 X X 0 0 0 SONJA HUBBARD BOARD MEMBER 1.0 0.0 X 0 0 0 MARTHA NORTON VICE PRESIDENT 1.0 0.0 X X 0 0 0 MINDY WILLIAMS TREASURER 1.0 0.0 X X 0 0 0 BRANDON WASHINGTON SECRETARY 1.0 0.0 X X 0 0 0 0 171493 0 0 false false false 0 320440 320440 LOW INCOME HOUSING RENTAL INCOME 531110 219124 219124 219124 5160 5160 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 INSURANCE CLAIM REIMBURSEMENT 900099 307762 307762 LAUNDRY & VENDING 900099 1452 1452 LOCAL FUNDS 900099 135 135 309349 854073 219124 314509 0 0 0 0 0 0 56966 47517 9449 0 6240 5205 1035 4327 3609 718 36982 30848 6134 0 12900 10760 2140 0 0 0 18850 15723 3127 0 66 55 11 16923 14116 2807 16699 13929 2770 0 166817 139146 27671 0 0 0 0 0 75097 62640 12457 24929 20794 4135 REPAIRS & MAINTENANCE 117530 98034 19496 FOOD 437 365 72 DUES & SUBSCRIPTIONS 218 182 36 LICENSES 35 29 6 610 508 102 555626 463460 92166 0 89977 54629 449669 0 0 0 2001 5515 0 0 0 0 0 0 0 0 0 0 3184034 2530128 224295 653906 0 0 0 0 0 0 0 0 22151 382000 788093 1096050 25655 6821 0 0 0 0 0 0 0 0 0 0 0 0 0 0 22101 50445 47756 57266 X 740337 1038784 0 0 740337 1038784 788093 1096050 298447 X true X true X true false X 0 0 0 0 320440 320440 633619 642352 604123 573115 219124 2672333 0 0 0 633619 642352 604123 573115 539564 2992773 0 0 0 2992773 148 848 1525 1115 5160 8796 0 148 848 1525 1115 5160 8796 0 0 0 0 0 309349 309349 633767 643200 605648 574230 854073 3310918 0.90391 0.99880 0.00266 0.00080 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 115694 115694 2107423 1968640 138783 507364 477279 30085 453553 84209 369344 653906 TENANT DEPOSITS 20584 REPLACEMENT RESERVE 356052 RESIDUAL RECEIPTS RESERVE 5364 382000 0 DUE TO AFFILIATE 29861 TENANT SECURITY DEPOSITS 20584 50445 FORM 990, SCHEDULE D, PART X, LINE 2 MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL INCOME TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. FORM 990, PART VI, SECTION B, LINE 11B INFORMATION ON THE 990 IS REVIEWED BY THE CHIEF FINANCIAL OFFICER. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY THE BOARD IS REQUESTED TO REVIEW VENDORS AND DISCLOSE ANY CONFLICT OF INTEREST AND ANY RELATIONS IN WHICH THEY SHOULD NOT VOTE ON MATTERS. FORM 990, PART VI, SECTION B, LINE 15A & 15B THE ORGANIZATION DOES NOT COMPENSATE ANY OFFICERS OR KEY EMPLOYEES. A RELATED ORGANIZATION COMPENSATES ALL EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C THE EXECUTIVE COMMITTEE DECIDED THIS YEAR TO REVIEW FIRMS TO AUDIT TEXARKANA SPECIAL EDUCATION CENTER INC 6101 NORTH STATE LINE AVENUE TEXARKANA AR 71854 716060131 SCHOOL TX 501(C)(3) 2 NA false HOUSING OPPORTUNITIES ADDITION INC 6101 NORTH STATE LINE TEXARKANA TX 75503 621403850 HOUSING AR 501(C)(3) 10 na false HOUSING OPPORTUNITIES EXTENSION INC 6101 NORTH STATE LINE TEXARKANA TX 75503 710606330 HOUSING AR 501(C)(3) 10 TSEC true false false false false false false false false false false false false false false true false false false false