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Housing And Economic Opportunities Inc

  • Wilmington, NC
  • Tax-exempt since Feb. 2000
  • EIN: 56-2111502

Organization summary

Organization summary might be incomplete or out of date

This organization is not listed in the IRS's most recent list of tax exempt organizations, but we have data associated with this Employer Identification Number.

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Housing, Shelter / Housing Development, Construction, Management (NTEE)

Summary charts: organization finances over time

Revenue
$145k (2022)

Expenses
$256k (2022)

Total Assets
$3.41M (2022)

Total Liabilities
$1.39M (2022)

Source: Form 990 tax filings from 2012 to 2022

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending March
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$144,794
Expenses
$255,937
Net Income
-$111,143
Net Assets
$2,021,106
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $121,741
84.1%
Investment Income $4
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $23,049
15.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $8,398
3.3%
Assets/Debt
Total Assets $3,413,274
Total Liabilities $1,392,168
Net Assets $2,021,106
Compensation
Key Employees and Officers Compensation Related Other
Jeff Hovis (Chair) $0 $0 $0
Lee Backston (Vice Chair) $0 $0 $0
Theresa Everett (Director) $0 $0 $0
Hollis Briggs (Director) $0 $0 $0
Nancy Guyton (Director) $0 $0 $0
Joan Johnson (Director) $0 $0 $0
Stuart Franck (Director) $0 $0 $0
Bryan Greene (Director) $0 $0 $0
Ar Sharp (Director) $0 $0 $0
Katrina H Redmon (President) $0 $181,832 $14,046
M Kim Fitzwater (Vp/Cfo) $0 $113,026 $7,694
+ View more people

Document Links

990
Filed on Oct. 3, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending March
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$449,396
Expenses
$505,488
Net Income
-$56,092
Net Assets
$1,909,937
Notable Sources of Revenue Percent of Total Revenue
Contributions $236,844
52.7%
Program Services $212,233
47.2%
Investment Income $151
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $168
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $31,150
6.2%
Assets/Debt
Total Assets $3,861,409
Total Liabilities $1,951,472
Net Assets $1,909,937
Compensation
Key Employees and Officers Compensation Related Other
Ar Sharp (Chair) $0 $0 $0
Lee Backston (Vice Chair) $0 $0 $0
Theresa Everett (Director) $0 $0 $0
Keith Gearity (Director Until Feb 2021) $0 $0 $0
Nancy Guyton (Director) $0 $0 $0
Joan Johnson (Director) $0 $0 $0
Phillip Webb (Director Until April 2020) $0 $0 $0
Katrina H Redmon (President) $0 $208,147 $61,987
M Kim Fitzwater (Vp/Cfo) $0 $123,835 $55,118
+ View more people

Document Links

990
Filed on Feb. 15, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending March
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$229,263
Expenses
$321,111
Net Income
-$91,848
Net Assets
$1,966,029
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $227,120
99.1%
Investment Income $138
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $2,005
0.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $28,009
8.7%
Assets/Debt
Total Assets $3,522,116
Total Liabilities $1,556,087
Net Assets $1,966,029
Compensation
Key Employees and Officers Compensation Related Other
Betsy Kahn (Chair April Nov 2019) $0 $0 $0
Kenneth Chestnut Sr (Board Chair Nov 2019 Mar 2020) $0 $0 $0
Nancy Guyton (Vice Chair) $0 $0 $0
Keith Gearity (Director) $0 $0 $0
Al Sharp (Director) $0 $0 $0
Joan Johnson (Director) $0 $0 $0
Lee Backston (Director) $0 $0 $0
Theresa Everett (Director) $0 $0 $0
Phillip Webb (Director) $0 $0 $0
Katrina H Redmon (President) $0 $194,184 $26,063
M Kim Fitzwater (Vp/Cfo) $0 $85,998 $35,776
+ View more people

Document Links

990
Filed on Feb. 15, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending March
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$264,079
Expenses
$390,247
Net Income
-$126,168
Net Assets
$2,057,877
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $264,040
100.0%
Investment Income $39
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $26,837
6.9%
Assets/Debt
Total Assets $3,125,092
Total Liabilities $1,067,215
Net Assets $2,057,877
Compensation
Key Employees and Officers Compensation Related Other
Betsy Kahn (Chair) $0 $0 $0
Kenneth Chestnut Sr (Vice Chair) $0 $0 $0
Lee Backston (Director) $0 $0 $0
Joan Johnson (Director) $0 $0 $0
Nancy Guyton (Director) $0 $0 $0
Ar Sharp (Director) $0 $0 $0
Phillip Webb (Director) $0 $0 $0
Stuart Franck (Director) $0 $0 $0
Theresa Everett (Director) $0 $0 $0
Deb Hays (Director) $0 $0 $0
Alfredia Mcdonald (Director Through August 2018) $0 $0 $0
Jeff Hovis (Director Through August 2018) $0 $0 $0
Katrina H Redmon (President) $0 $186,660 $65,779
M Kim Fitzwater (Vp/Cfo) $0 $77,857 $36,911
+ View more people

Document Links

990
Filed on Feb. 17, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending March
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$270,259
Expenses
$300,007
Net Income
-$29,748
Net Assets
$2,184,045
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $270,174
100.0%
Investment Income $85
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $40,721
13.6%
Assets/Debt
Total Assets $3,269,314
Total Liabilities $1,085,269
Net Assets $2,184,045
Compensation
Key Employees and Officers Compensation Related Other
Betsy Kahn (Chair) $0 $0 $0
Kenneth Chestnut Sr (Vice Chair) $0 $0 $0
Theresa Everett (Director) $0 $0 $0
Ar Sharp (Director) $0 $0 $0
Phillip Webb (Director) $0 $0 $0
Stuart Franck (Director) $0 $0 $0
Alfredia Mcdonald (Director) $0 $0 $0
Jeff Hovis (Director) $0 $0 $0
Deb Hays (Director) $0 $0 $0
Katrina H Redmon (President) $0 $186,676 $25,038
M Kim Fitzwater (Vp/Cfo) $0 $65,375 $41,979
+ View more people

Document Links

990
Filed on Feb. 12, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending March
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$312,387
Expenses
$442,638
Net Income
-$130,251
Net Assets
$2,213,793
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $312,260
100.0%
Investment Income $127
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $63,740
14.4%
Assets/Debt
Total Assets $3,159,207
Total Liabilities $945,414
Net Assets $2,213,793
Compensation
Key Employees and Officers Compensation Related Other
Betsy Kahn (Director, Chair) $0 $0 $0
Kenneth Chestnut Sr (Director, Vice Chair) $0 $0 $0
Alfredia Mcdonald (Director) $0 $0 $0
Jeffrey G Hovis (Director) $0 $0 $0
Debra H Hays (Director) $0 $0 $0
Phillip Webb (Director) $0 $0 $0
Stuart Franck (Director) $0 $0 $0
Greg Neel (Director Through 9/1/16) $0 $0 $0
Helayne Levy (Director Through 3/1/17) $0 $0 $0
Michelle Kerwin (Director Of Finance Through 9/1/16) $0 $68,380 $16,658
Kim Fitzwater (Director Of Finance As Of 1/23/17) $0 $0 $0
Katrina H Redmon (President) $0 $176,686 $26,481
+ View more people

Document Links

990
Filed on Feb. 13, 2018

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending March
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$680,959
Expenses
$224,199
Net Income
$456,760
Net Assets
$2,344,046
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $680,598
99.9%
Investment Income $361
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $63,741
28.4%
Assets/Debt
Total Assets $2,880,384
Total Liabilities $536,338
Net Assets $2,344,046
Compensation
Key Employees and Officers Compensation Related Other
Mr Greg Neel (Chair, Director) $0 $0 $0
Ms Alfredia Mcdonald (Director) $0 $0 $0
Mr Stuart Franck (Director) $0 $0 $0
Ms Debra H Hays (Director) $0 $0 $0
Mr Jeffrey G Hovis (Director) $0 $0 $0
Ms Heylane Levy (Director) $0 $0 $0
Ms Betsy Kahn (Vice Chair, Director) $0 $0 $0
Ms Katrina Redmon (Ceo) $0 $187,832 $0
Michelle Kerwin (Director Of Finance) $0 $87,877 $0
Kenneth Chestnut Sr (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Feb. 14, 2017

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending March
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$663,238
Expenses
$262,083
Net Income
$401,155
Net Assets
$1,889,792
Notable Sources of Revenue Percent of Total Revenue
Contributions $335,000
50.5%
Program Services $328,056
49.5%
Investment Income $182
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $83,063
31.7%
Assets/Debt
Total Assets $2,691,151
Total Liabilities $801,359
Net Assets $1,889,792
Compensation
Key Employees and Officers Compensation Related Other
Mr Greg Neel (Chair, Director) $0 $0 $0
Ms Alfredia Mcdonald (Director) $0 $0 $0
Mr Stuart Frank (Director) $0 $0 $0
Ms Debra H Hays (Director) $0 $0 $0
Mr Jeffrey G Hovis (Director) $0 $0 $0
Ms Heylane Levy (Diector) $0 $0 $0
Ms Betsy Kahn (Vice Chair, Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Feb. 15, 2016

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending March
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$148,376
Expenses
$500,450
Net Income
-$352,074
Net Assets
$1,488,638
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $147,764
99.6%
Investment Income $612
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,224,852
Total Liabilities $736,214
Net Assets $1,488,638
Compensation
Key Employees and Officers Compensation Related Other
Mr Greg Neel (Director) $0 $0 $0
Ms Alfredia Mcdonald (Director) $0 $0 $0
Mr Stuart Frank (Vice Chair, Director) $0 $0 $0
Ms Debra H Hays (Director) $0 $0 $0
Mr Jeffrey G Hovis (Chair, Director) $0 $0 $0
Ms Heylane Levy (Diector) $0 $0 $0
Ms Betsy Kahn (Director) $0 $0 $0
Mr Lenwood Dean Jr (Diector) $0 $0 $0
Ms Cheryl Sutton (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Feb. 10, 2015

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending March
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$527,582
Expenses
$1,829,299
Net Income
-$1,301,717
Net Assets
$1,265,175
Notable Sources of Revenue Percent of Total Revenue
Contributions $300,000
56.9%
Program Services $223,178
42.3%
Investment Income $1,726
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $2,678
0.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,275,128
Total Liabilities $1,009,953
Net Assets $1,265,175

Document Links

990
Filed on April 10, 2014

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending March
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$158,881
Expenses
$460,709
Net Income
-$301,828
Net Assets
$2,595,180
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $156,587
98.6%
Investment Income $2,294
1.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,648,418
Total Liabilities $53,238
Net Assets $2,595,180

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending March
2011

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending March
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending March
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending March
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF
PDF (2 of 2)

Fiscal Year Ending March
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending March
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending March
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending March
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending March
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending March
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending March
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending March
2000

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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About Nonprofit Explorer

Nonprofit Explorer

Browse millions of annual returns filed by tax-exempt organizations with ProPublica’s Nonprofit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of filings.

By Andrea Suozzo, Alec Glassford, Ash Ngu and Brandon Roberts.

Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

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