GREENSBORO, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)HOUSING OPPORTUNITIES INC, founded in 1991, is a community nonprofit in the Housing & Shelter sector that reported $3.0M in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion. Expenses of $2.7M left a modest 8% surplus.
TO PROMOTE THE GENERAL SOCIAL WELFARE OF THE COMMUNITY AND TO FOSTER THE DEVELOPMENT OF LOW AND MODERATE-INCOME HOUSING TO ELDERLY AND LOW INCOME FAMILIES.
THE ORGANIZATION WAS FORMED TO ACQUIRE, CONSTRUCT, REHABILITATE AND OPERATE LOW INCOME HOUSING FOR ELDERLY AND LOW INCOME FAMILIES. THE ORGANIZATION OPERATES ITS WHOLLY OWNED PROPERTIES AND THE C...
THE ORGANIZATION WAS FORMED TO ACQUIRE, CONSTRUCT, REHABILITATE AND OPERATE LOW INCOME HOUSING FOR ELDERLY AND LOW INCOME FAMILIES. THE ORGANIZATION OPERATES ITS WHOLLY OWNED PROPERTIES AND THE C CORPORATIONS IN WHICH IT WHOLLY OWNS THE STOCK. IN ADDITION, THE ORGANIZATION IS A PARTNER IN SEVERAL PARTNERSHIPS THAT PROVIDE AFFORDABLE HOUSING TO QUALIFYING LOW INCOME INDIVIDUALS AND FAMILIES. THE ORGANIZATION ALSO PROMOTES SOCIAL WELFARE OF THE COMMUNITY BY MAKING GRANTS TO LOCAL NON-PROFIT ORGANIZATIONS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $2,974,537 | $2,547,790 | +0.2% |
| Expenses | $2,741,918 | $1,967,801 | +0.4% |
| Net Income | $232,619 | $579,989 | -0.6% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| ES MELVIN | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| ANNE MOORE | ASSISTANT SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| TERRI M GUNN | VP & SECRETARY | 10.00 |
Officer
Director
|
$36,660 | $0 | $36,660 |
| ROBIN BRITT | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| SHIRLEY FRYE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DAVID ROUTH | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| WILLIAM STONE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $2,974,537 | $2,741,918 | $8,644,085 | $232,619 |
| 2023 | $2,547,790 | $1,967,801 | $9,316,692 | $579,989 |
| 2022 | $2,491,705 | $1,896,764 | $8,961,253 | $594,941 |
| 2021 | $2,274,954 | $1,777,696 | $8,525,978 | $497,258 |
| 2020 | $2,170,337 | $1,751,050 | $8,212,625 | $419,287 |
| 2019 | $2,954,281 | $2,169,002 | $7,837,274 | $785,279 |
| 2018 | $2,929,716 | $2,617,976 | $11,232,251 | $311,740 |
Compare HOUSING OPPORTUNITIES INC with other nonprofits in North Carolina and across the country.