2025-04-17T10:18:11-05:00 2023-12-31 560571159 BERNARD ROBINSON & COMPANY LLP PO BOX 19608 GREENSBORO NC 274199608 990 2023-01-01 272691355 CENTRE FOR HOMEOWNERSHIP & ECONOMIC DEVELOPMENT CENT 9192414718 960 CORPORATE DRIVE SUITE 405 HILLSBOROUGH NC 27278 JAMES STROUD EXECUTIVE DIRECTOR 9192414718 2025-04-16 1 0 JOHN M ROBINSON P01281319 3362944494 2025-04-16 2023 2025-03-06 01:10:19Z JAMES STROUD 960 CORPORATE DRIVE SUITE 405 HILLSBOROUGH NC 27278 1789747 0 X WWW.HOMEOWNERSHIPCENTRE-ED.ORG X 2010 NC TO ENRICH AND EDUCATE LIVES BY PROVIDING HOUSING COUNSELING SERVICES, FINANCIAL LITERACY, HOMEOWNERSHIP OPPORTUNITIES, JOB SERVICES, BUSINESS SOLUTIONS, AND ECONOMIC DEVELOPMENT. 13 13 3 12 0 0 862292 1745404 55367 43231 194116 0 198 1112 1111973 1789747 42733 138507 0 0 265330 208315 0 0 45586 456205 1506660 764268 1853482 347705 -63735 1002739 936809 350543 352375 652196 584434 TO ENRICH AND EDUCATE LIVES BY PROVIDING HOUSING COUNSELING SERVICES, FINANCIAL LITERACY, HOME OWNERSHIP OPPORTUNITIES, JOB SERVICES, BUSINESS SOLUTIONS AND ECONOMIC DEVELOPMENT. 0 0 1628804 138507 44343 WE PROVIDE SERVICES THAT SUPPORT INNOVATIVE APPROACHES IN BOTH URBAN AND RURAL COMMUNITIES THAT FOCUS ON HEALTH AND WELLNESS, ECONOMIC STABILITY, AFFORDABLE HOUSING, FINANCIAL INDEPENDENCE, JOBS, BUSINESS DEVELOPMENT, AND SMALL BUSINESS TRAINING. ADDITIONALLY, CHOEDC PROVIDES NON-MEDICAL HOUSING SERVICES UNDER THE HEALTHY OPPORTUNITY PILOT PROGRAM AND PROVIDES MENTAL HEALTH CARE, SUBSTANCE ABUSE COUNSELING, AND PEER SUPPORT COUNSELING IN FIVE (5) CATCHMENT AREAS THROUGHOUT NORTH CAROLINA. 1628804 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 32 0 1 3 1 0 0 0 0 0 0 0 0 0 0 0 0 X 13 13 1 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 1 1 0 0 X X JAMES STROUD 9192414718 960 CORPORATE DRIVE SUITE 405 HILLSBOROUGH NC 27278 STEVE DRAKE BOARD CHAIRMAN 2.00 X X 0 0 0 SHARON MOE VICE CHAIRMAN 2.00 X X 0 0 0 JASON HARRIS TREASURER 2.00 X X 0 0 0 VICKIE FEASTER-FORNVILLE SECRETARY 2.00 X X 0 0 0 DR PETER MORRIS DIRECTOR 1.00 X 0 0 0 DOUG MOLLETT DIRECTOR 1.00 X 0 0 0 CHARISSA PURYEAR DIRECTOR 1.00 X 0 0 0 JULIE RUSS DIRECTOR 1.00 X 0 0 0 MELVIN WATSON DIRECTOR 1.00 X 0 0 0 ALFREDO MACIAS DIRECTOR 1.00 X 0 0 0 DYLAN MACIAS DIRECTOR 1.00 X 0 0 0 DARIUS HUNT DIRECTOR 1.00 X 0 0 0 DARON SATTERFIELD ESQUIRE DIRECTOR 1.00 X 0 0 0 JAMES STROUD EXECUTIVE DIRECTOR 50.00 X 141400 0 0 141400 0 0 1 0 0 0 GM BEASLEY & ASSOCIATES LLC 2634 DURHAM-CHAPEL HILL BLVD SUITE DURHAM NC 27545 GRANTS MANAGER AND PROJECT MANAGER 126633 JJS PEER CENTER PO BOX 148 WARRENTON NC 27589 MENTAL HEALTH CONSULTANT 116536 2 1296970 448434 1745404 PROGRAM INCOME 541900 33863 33863 RENTAL INCOME 531110 9368 9368 43231 MISCELLANEOUS REVENUE 900099 1112 1112 1112 1789747 44343 0 0 X 138507 138507 141400 106050 21210 14140 50940 38205 7641 5094 15975 11981 2396 1598 28981 28981 1198950 1143735 41411 13804 13696 11672 2024 59135 48400 8051 2684 53355 42684 8003 2668 14155 11324 2123 708 10658 10658 5749 4599 863 287 7554 6043 1133 378 MISCELLANEOUS 49183 32279 12679 4225 FEES AND DUES 29754 29754 REPAIRS AND MAINTENANCE 21649 19484 2165 TRAINING 13841 13841 1853482 1628804 179092 45586 718537 634076 14005 14005 68309 86561 272781 99640 176891 173141 24997 29026 1002739 936809 31797 44728 149267 137178 144407 141266 25072 29203 350543 352375 X 165608 389574 486588 194860 652196 584434 1002739 936809 X -63735 -4027 0 X 0 1 X 0 0 X 430192 679480 415459 862292 1745404 4132827 430192 679480 415459 862292 1745404 4132827 1012865 3119962 1251 4 1255 500 300 198 1112 2110 4136192 194123 0.75430 0.95150 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 68160 68160 139840 37201 102639 25677 23335 2342 39104 39104 0 173141 OPERATING LEASE LIABILITY 29203 29203 X 1789747 0 1789747 0 1789747 1853482 0 1853482 0 1853482 PART X, LINE 2: 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 FINANCIAL STATEMENTS. NO MATERIAL UNCERTAIN TAX POSITIONS WERE IDENTIFIED. ANY CHANGES IN THE AMOUNT OF TAX POSITION WILL BE RECOGNIZED IN THE PERIOD THE CHANGE OCCURS. 1 RENTAL ASSISTANCE AND FURNITURE ASSISTANCE 310 138507 CASH PAID TO LESSORS AND VENDORS RENTAL ASSISTANCE AND FURNITURE ASSISTANCE PART I, LINE 2: PER HUD GUIDELINES, THE CENTRE FOR HOMEOWNERSHIP & ECONOMIC DEVELOPMENT MUST ADHERE TO A WRITTEN GRANT MANAGEMENT AND OVERSIGHT PLAN THAT IS REVIEWED AND SUBMITTED TO THE US HOUSING & URBAN DEVELOPMENT OFFICE OF OVERSIGHT AND ACCOUNTABILITY. OUR MOST RECENT CERTIFICATION WAS DONE JUNE 12, 2020. WHEN A NEW GRANT IS RECEIVED OR RENEWED, A COPY OF THE EXECUTED GRANT MUST BE FORWARDED TO THE EXECUTIVE DIRECTOR WHO WILL THEN SET UP A PERMANENT FILE FOR THE GRANT AND MAINTAIN THE CONTRACT ALONG WITH ANY OTHER FINANCIAL CORRESPONDENCE REGARDING THE GRANT. IT IS THE RESPONSIBILITY OF THE EXECUTIVE DIRECTOR (ACTING AS THE FISCAL MANAGER) TO REVIEW THE GRANT CONTRACT AND EXTRACT FISCAL ITEMS WHICH MUST BE COMPLIED WITH BY THE AGENCY. FOR GOVERNMENT GRANTS, REFERENCE WILL BE MADE TO VARIOUS PUBLICATIONS PUT OUT BY THE OFFICE OF MANAGEMENT AND BUDGET (OMB) AND THE COMPTROLLER GENERAL'S OFFICE TO WHICH THE CORPORATION IS RESPONSIBLE FOR ADHERING. CURRENTLY THE PUBLICATIONS INCLUDE: - THE OMNI CIRCULAR - OMB CIRCULAR A-122: "COST PRINCIPLES FOR NON-PROFIT ORGANIZATIONS" - GOVERNMENT GENERALLY ACCEPTED ACCOUNTING PRINCIPLES IT IS A POLICY OF THE AGENCY TO ADHERE TO ANY RESTRICTIONS IMPOSED BY ITS FUNDERS, BOTH GOVERNMENTAL AND PRIVATE. THEREFORE, THE AGENCY'S EMPLOYEES ARE EXPECTED TO BRING TO THE ATTENTION OF MANAGEMENT ANY INSTANCES OF NONCOMPLIANCE. FORM 990, PART VI, SECTION A, LINE 2 BOARD MEMBERS ALFREDO MACIAS AND DYLAN MACIAS ARE BROTHERS. FORM 990, PART VI, SECTION B, LINE 11B THE EXECUTIVE COMMITTEE REVIEWS THE TAX RETURN WITH PREPARER. THE FULL BOARD IS NOTIFIED THAT A DRAFT IS AVAILABLE FOR REVIEW UPON REQUEST. FORM 990, PART VI, SECTION B, LINE 15A ALL MAJOR HIRING DECISIONS ARE APPROVED BY THE EXECUTIVE COMMITTEE. BEFORE MAKING A DECISION, THE COMMITTEE REVIEWS COMPARABLE SALARY DATA FROM OTHER NONPROFIT ORGANIZATIONS, GUIDESTAR, ETC. FORM 990, PART VI, SECTION C, LINE 19 NO OTHER DOCUMENTS ARE AVAILABLE TO THE PUBLIC. FORM 990, PART IX, LINE 11G MENTAL HEALTH SERVICE PROVIDERS: PROGRAM SERVICE EXPENSES 220,858. MANAGEMENT AND GENERAL EXPENSES 41,411. FUNDRAISING EXPENSES 13,804. TOTAL EXPENSES 276,073. CONTRACT SERVICES: PROGRAM SERVICE EXPENSES 922,877. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 922,877. FORM 990, PART XI, LINE 8, PRIOR PERIOD ADJUSTMENTS THE 2022 AUDITED FINANCIAL STATEMENTS WERE ISSUED AFTER THE 2022 FORM 990 WAS FILED. THE 2022 AUDITED FINANCIAL STATEMENTS INCLUDED $4,027 MORE IN INTEREST EXPENSE THAN WAS SHOWN ON THE 2022 FORM 990.