ANNAM COMMUNITY DEVELOPMENT CORPORA TION

EIN: 311733348 501(c)(3) Housing & Shelter

HOUSTON, TX

Total Revenue
$44,880
Total Expenses
$113,828
Total Assets
$1,965,496
Net Assets
$931,360
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Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
TX
Principal Officer
JOSEPH DO
Phone
7133207555
Tax Period
2023-01-01 to 2023-12-31

ANNAM COMMUNITY DEVELOPMENT CORPORA TION, founded in 2000, is a micro nonprofit in the Housing & Shelter sector that reported $45K in total revenue in fiscal year 2023. Revenue fell 77% from the prior year — a significant decline worth monitoring. Expenses of $114K exceeded revenue, resulting in a 154% operating deficit.

Mission

TO ENHANCE AND TO PROMOTE HEALTHY LIVING CONDITIONS FOR THE LOW-TO-MODERATE INCOME PEOPLE IN THE GREATER HOUSTON AREA THROUGH SOCIAL SERVICES, EDUCATION AND HOUSING.

Program Service Accomplishments

Program 1
Expenses: $21,642 Revenue: $21,642

CHILDREN'S PROGRAM - EVEN AFTER THE COVID PANDEMIC HAS PASSED, THE CENTER CONTINUED TO PROVIDE MEDICAL AND VACCINATION SERVICES TO SENIORS AND CHILDREN BELONG TO LOW- INCOME FAMILIES. IN ADDITION...

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CHILDREN'S PROGRAM - EVEN AFTER THE COVID PANDEMIC HAS PASSED, THE CENTER CONTINUED TO PROVIDE MEDICAL AND VACCINATION SERVICES TO SENIORS AND CHILDREN BELONG TO LOW- INCOME FAMILIES. IN ADDITION, COMMUNITY CENTER HAD OPENED A SUMMER CAMP FOR MORE THAN 400 CHILDREN AGED 8 TO 14 YEARS OLD. THE PROGRAM INCLUDES GROUP READING, BASIC GARDENING, CAMPING, GAMES, AND RECREATION. AT THE END OF OCTOBER, THE CENTER ALSO HELD A HALLOWEEN PARTY FOR MORE THAN 500 CHILDREN. IN MARKING THE END OF THE YEAR AND TO HELP NEEDY FAMILIES CELEBRATE THE HOLIDAYS, THE CENTER HAD DISTRIBUTED TOYS TO MORE THAN 600 CHILDREN LOW- INCOME FAMILIES DURING THIS TIME.

Program 2
Expenses: $34,230 Revenue: $34,230

FOOD DISTRIBUTION/COMMUNITY GARDEN - ANNAM IS A TRUSTED AGENCY OF THE HOUSTON FOOD BANK, THE LARGEST BANK DISTRIBUTES FOOD NATIONWIDE IN THE UNITED STATES. WITH A GREAT HOST OF VOLUNTEERS, THE CENTER...

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FOOD DISTRIBUTION/COMMUNITY GARDEN - ANNAM IS A TRUSTED AGENCY OF THE HOUSTON FOOD BANK, THE LARGEST BANK DISTRIBUTES FOOD NATIONWIDE IN THE UNITED STATES. WITH A GREAT HOST OF VOLUNTEERS, THE CENTER WAS ABLE TO MAINTAIN AND EVEN EXCEED FOOD AND BEVERAGE LEVELS OF PREVIOUS YEARS. IN 2022, THE CENTER DISTRIBUTED 4,762,000 POUNDS OF FOOD FOR LOW-INCOME FAMILIES IN THE LOCAL COMMUNITY. THE CENTER ALSO SAW GREAT VALUE IN GROWING OUR OWN PRODUCES SUCH AS WINTER SQUASH, MELONS, SPINACH, HERBS AND A WIDE VARIETY OF SEASONAL VEGETABLES TO SUPPLEMENT NEEDED NUTRIENTS FOR OUR MEAL SITES CLIENTS. COMMUNITY GARDENS NOT ONLY PROVIDED FRESH FOOD; IT BROUGHT THE COMMUNITY MEMBERS TOGETHER FOR SOCIAL ENRICHMENT AS WELL AS LEARNING NEW GARDENING SKILLS. IN 2022,THE CENTER COMMUNITY GARDEN HARVESTED NEARLY 30,000 POUNDS.

Program 3
Expenses: $14,201 Revenue: $14,201

COMMUNITY HEALTHCARE - THE CENTER PROVIDED BASIC HEALTH CARE SERVICES SUCH AS BLOOD TESTS, VACCINATIONS, FLU SHOT, COVID 19 AND MAMMOGRAMS TO THE COMMUNITY, ESPECIALLY FOR THOSE WITHOUT HEALTH...

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COMMUNITY HEALTHCARE - THE CENTER PROVIDED BASIC HEALTH CARE SERVICES SUCH AS BLOOD TESTS, VACCINATIONS, FLU SHOT, COVID 19 AND MAMMOGRAMS TO THE COMMUNITY, ESPECIALLY FOR THOSE WITHOUT HEALTH INSURANCE.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $30,200
Program Service Revenue $14,680
Investment Income $0
Other Revenue $0
TOTAL REVENUE $44,880

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $112,921
Other Expenses $113,828
TOTAL EXPENSES $113,828

Year-over-Year Comparison

2023 2022 Change
Revenue $44,880 $192,894 -0.8%
Expenses $113,828 $112,960 +0.0%
Net Income $-68,948 $79,934 -1.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
1
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHINH T NGUYEN CHAIRMAN 3.00
Director
$0 $0 $0
ROY DOUGLAS MALONSON VICE-CHAIR 2.00
Director
$0 $0 $0
DAVID DOAN SECRETARY 5.00
Director
$0 $0 $0
JOHN WHITMIRE MEMBER 1.00
Director
$0 $0 $0
JOSEPH DO EXECUTIVE DI 60.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $44,880 $113,828 $1,965,496 $-68,948
2022 $192,894 $112,960 $2,034,445 $79,934
2021 $57,925 $125,756 $1,942,509 $-67,831
2020 $53,500 $106,335 $1,980,942 $-52,835
2019 $62,485 $126,559 $2,014,666 $-64,074
2018 $67,860 $104,611 $2,071,861 $-36,751
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