HOUSING OPPORTUNITIES INC

EIN: 870529864 501(c)(3)

SALT LAKE CITY, UT

Total Revenue
$586,654
Total Expenses
$508,526
Total Assets
$5,553,505
Net Assets
$1,616,620
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
UT
Principal Officer
STEPHANIE BOURDEAUX
Phone
8012844400
Tax Period
2022-07-01 to 2023-06-30

HOUSING OPPORTUNITIES INC, founded in 2003, is a small nonprofit that reported $587K in total revenue in fiscal year 2022. Expenses of $509K left a modest 13% surplus.

Mission

PROVIDE PROGRAMS AND SERVICES TO RECIPIENTS OF LOW INCOME HOUSING ASSISTANCE.

Program Service Accomplishments

Program 1
Expenses: $407,840 Revenue: $568,208

PROVIDE PROGRAMS AND SERVICES TO RECIPIENTS OF LOW INCOME HOUSING ASSISTANCE.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $568,208
Investment Income $8,145
Other Revenue $10,301
TOTAL REVENUE $586,654

Expense Breakdown

Grants Paid $0
Salaries & Benefits $65,945
Fundraising Expenses $0
Program Expenses $407,840
Other Expenses $442,581
TOTAL EXPENSES $508,526

Year-over-Year Comparison

2022 2021 Change
Revenue $586,654 $573,981 +0.0%
Expenses $508,526 $499,845 +0.0%
Net Income $78,128 $74,136 +0.1%
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

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

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Governance

Voting Members
10
Independent Members
10
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
4
$446,089
Total Directors
11
$446,089
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEPHANIE BOURDEAUX CHAIR 2.00
Officer Director
$0 $0 $0
PHIL BERNAL VICE CHAIR 2.00
Officer Director
$0 $0 $0
JANICE KIMBALL SECRETARY 2.00
Officer Director
$0 $41,413 $240,382
ANDRE BARTLOME TREASURER 2.00
Officer Director
$0 $45,985 $205,707
KAT JOHNSON TRUSTEE 2.00
Director
$0 $0 $0
WENDY LEONELLI TRUSTEE 2.00
Director
$0 $0 $0
ERIN LITVACK TRUSTEE 2.00
Director
$0 $0 $0
CHRISTINE NGUYEN TRUSTEE 2.00
Director
$0 $0 $0
GWEN WHITE TRUSTEE 2.00
Director
$0 $0 $0
SPENCER MOFFAT TRUSTEE 2.00
Director
$0 $0 $0
KRISTI KEARL TRUSTEE 2.00
Director
$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 No data No data No data No data
2024 No data No data No data No data
2023 $586,654 $508,526 $5,553,505 $78,128
2023 $320,982 $340,274 $12,597,501 $-19,292
2022 $573,981 $499,845 $3,482,756 $74,136
2021 $534,710 $383,086 $2,020,176 $151,624
2020 $853,525 $447,158 $2,354,370 $406,367
2019 $409,084 $400,100 $1,475,312 $8,984
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