HOBSON CITY APARTMENTS INC

EIN: 582586808 501(c)(3) Housing & Shelter

ANNISTON, AL

Total Revenue
$239,543
Total Expenses
$229,416
Total Assets
$450,410
Net Assets
$-80,870
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
AL
Principal Officer
MONIQUE PIERRE
Phone
2562361575
Tax Period
2024-04-01 to 2025-03-31

HOBSON CITY APARTMENTS INC, founded in 2002, is a small nonprofit in the Housing & Shelter sector that reported $209K in total revenue in fiscal year 2018. Expenses of $232K exceeded revenue, resulting in a 11% operating deficit.

Mission

HOUSING ASSISTANCE

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $236,892
Program Service Revenue $2,488
Investment Income $122
Other Revenue $41
TOTAL REVENUE $239,543

Expense Breakdown

Grants Paid $0
Salaries & Benefits $24,874
Fundraising Expenses $0
Program Expenses $136,662
Other Expenses $204,542
TOTAL EXPENSES $229,416

Year-over-Year Comparison

2024 2023 Change
Revenue $239,543 $248,324 0.0%
Expenses $229,416 $175,341 +0.3%
Net Income $10,127 $72,983 -0.9%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

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Financial Distress Indicator

Liquidity & Cash Position

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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
2
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARCUS DUNN COMMISSIONER 2.00
Director
$0 $0 $0
KENNETH WINSLEY COMMISSIONER 2.00
Director
$0 $0 $0
JAMES WILLIAMS COMMISSIONER 2.00
Director
$0 $0 $0
CYNTHIA CALIX CHAIRWOMAN 2.00
Officer
$0 $0 $0
JOHN N WILSON VICE CHAIRMAN 2.00
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
2025 $239,543 $229,416 $450,410 $10,127
2024 $248,324 $175,341 $509,355 $72,983
2023 $235,368 $207,414 $454,391 $27,954
2022 $276,812 $212,272 $414,504 $64,540
2021 $178,395 $227,467 $472,498 $-49,072
2020 $207,166 $244,565 $513,826 $-37,399
2019 $209,361 $231,835 $507,353 $-22,474
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