SOUTHEAST HOUSTON COMMUNITY DEVELOPMENT CORPORATION

EIN: 760472123 501(c)(3) Housing & Shelter

Houston, TX

Total Revenue
$129,507
Total Expenses
$175,501
Total Assets
$512,871
Net Assets
$115,459
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1995
Legal Domicile
TX
Principal Officer
Manson B Johnson II
Phone
7137479255
Tax Period
2018-01-01 to 2018-12-31

SOUTHEAST HOUSTON COMMUNITY DEVELOPMENT CORPORATION, founded in 1995, is a small nonprofit in the Housing & Shelter sector that reported $130K in total revenue in fiscal year 2018. Expenses of $176K exceeded revenue, resulting in a 36% operating deficit.

Mission

SEHCDC seeks to promote revitalization of community outreach through providing affordable housing, economic development initiatives, education, social and health services, financial literacy and workforce training to low to moderate income youth and adults.

Program Service Accomplishments

Program 1
Expenses: $45,000 Revenue: $0

1. Built two affordable houses in an undeserved area 2. Assisted students to obtain their GED 3. Hosted Houston Money Week financial literacy event for the community 4. Hosted two fundraisers for...

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1. Built two affordable houses in an undeserved area 2. Assisted students to obtain their GED 3. Hosted Houston Money Week financial literacy event for the community 4. Hosted two fundraisers for literacy 5. Participated in the Bush School literacy conference

Program 2
Expenses: $16,029 Revenue: $0

6. Held technology classes for adult learners to close the technology gap 7. Participated in Houston Community College literacy event 8. Participated in the Mayor's literacy project 9. Hosted two...

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6. Held technology classes for adult learners to close the technology gap 7. Participated in Houston Community College literacy event 8. Participated in the Mayor's literacy project 9. Hosted two AmeriCorps volunteers 10. Participated in a food drive to feed the poor

Program 3
Expenses: $15,000 Revenue: $0

11. Worked with University of Houston School of Technology student on technology projects 12. Participated in Rice University community volunteers event 13. Participated in mobilizing Hurricane...

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11. Worked with University of Houston School of Technology student on technology projects 12. Participated in Rice University community volunteers event 13. Participated in mobilizing Hurricane Harvey Recovery projects with City of Houston 14. Hosting two awards ceremony for adult education students achievements 15. Partnered with City of Houston Library "We Can" community hotspot project 16. Participated with literacy projects with Black shear Elementary School.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

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Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $103,341
Program Service Revenue $0
Investment Income $0
Other Revenue $26,166
TOTAL REVENUE $129,507

Expense Breakdown

Grants Paid $0
Salaries & Benefits $81,629
Fundraising Expenses $18,999
Program Expenses $123,087
Other Expenses $93,872
TOTAL EXPENSES $175,501

Year-over-Year Comparison

2018 2017 Change
Revenue $129,507 N/A N/A
Expenses $175,501 N/A N/A
Net Income $-45,994 $0 N/A
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
7
Independent Members
7
Employees
6
Volunteers
50

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
4
$0
Total Directors
6
$0
Key Employees
1
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Arthur Warmly Board Member 1
Director
$0 $0 $0
Roosevelt Weeks Vice Chairman 2
Officer Director
$0 $0 $0
Manson B Johnson III Secretary / Treasurer 40
Officer Director
$0 $0 $0
David L Punch Assistant Secretary 2
Director
$0 $0 $0
James Davis Chairman 2
Officer Director
$0 $0 $0
Manson B Johnson II CEO / Executive Director 30
Officer Director Key Emp
$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
2018 $129,507 $175,501 $512,871 $-45,994
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