Home Opportunities Made Easy Inc in Des Moines, Iowa (IA)

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Home Opportunities Made Easy Inc
Employer Identification Number (EIN)420931497
Name of OrganizationHome Opportunities Made Easy Inc
Address1111 9th St Ste 210, Des Moines, IA 50314-2527
ActivitiesOther housing activities
SubsectionCharitable Organization
Ruling Date12/1968
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period06/2012
Assets$1,000,000 to $4,999,999
Income$1,000,000 to $4,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$2,058,071
Amount of Income$2,477,203
Form 990 Revenue Amount$2,477,203
National Taxonomy of Exempt Entities (NTEE)Housing, Shelter: Housing Development, Construction, Management


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Amount of income in 2012: $2,477,203 (it was $1,390,095 in 2011)
This organization: 

 $2,477,203
Other organizations performing similar types of work: 

 $335,144

Assets in 2012: $2,058,071 (it was $2,580,809 in 2011)
Home Opportunities Made Easy Inc: 

 $2,058,071
Other organizations performing similar types of work: 

 $1,134,092

Financial snapshot ($)

Revenue for 2012

Functional expenses for 2012

Support schedule

Statements Regarding Other IRS Filings and Tax Compliance (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2012)
Total revenue$2,477,203
Contributions, Gifts, Grants and Other Similar Amounts$1,400,664
Program Service Revenue$1,068,219
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$6,612
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$1,708
Statement of Functional Expenses (for 2012)
Total functional expenses$2,120,820
Compensation of current officers, directors, trustees, and key employees$93,931
Other salaries and wages$405,459
Payroll taxes$56,658
Professional fundraising services$0
Other$1,564,772
Balance Sheet (for 2012)
Total assets$2,058,071
Total liabilities$1,189,192
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$1,030,463
Unsecured notes and loans payable to unrelated third parties$0
Other$158,729
Total net assets or fund balances$868,879
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2012)
2008 - 2012 Total
Total Support$5,143,455
Gifts, grants, contributions, and membership fees received$5,102,833
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$40,622
Gross receipts from related activities, etc.$4,561,422
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Jefferson County Assisted Housing Corp500 Office Park Dr Ste 300, Mountain Brk, AL 35223-2436AL1990-02$469,131,007
2Presbyterian College503 S Broad St, Clinton, SC 29325-2865SC1944-01$68,191,198
3West Side Federation For Senior Housing Inc2345 Broadway 2nd Fl, New York, NY 10024-3213NY1978-03$27,635,517
4Hope Network, Alternative Community Living Inc70 Lafayette St, Pontiac, MI 48342-2033MI1987-04$23,071,987
5Ahc Inc2230 Fairfax Dr Apt 300, Arlington, VA 22201-6618VA1976-08$15,383,324
6Self Help Enterprises8445 W Elowin Ct, Visalia, CA 93291-9262CA1965-04$13,513,804
7Foundation Communities Inc3036 S 1st Street 200, Austin, TX 78704-6352TX1990-05$12,737,792
8Habitat For Humanity International Inc, New York City Hfh111 John St Fl 23, New York, NY 10038-3109NY1987-01$12,081,898
9Habitat For Humanity International Inc, Greater Des Moines HfhPO BOX 716, Des Moines, IA 50303-0716IA1986-09$11,854,651
10Comunidad Corporation17194 Preston Rd Ste 102-39, Dallas, TX 75248-1221TX1995-09$10,590,763
11Midamerica Housing Partnership, Metro Area Housing Program905 3rd Street Se, Cedar Rapids, IA 52401-2330IA1992-07$2,629,689
12Home Opportunities Made Easy Inc1111 9th St Ste 210, Des Moines, IA 50314-2527IA1968-12$2,477,203
13Habitat For Humanity International Inc, Habitat For Humanity Of Iowa Inc103 E State St Ste 302, Mason City, IA 50401-3321IA1987-01$927,449
14Habitat For Humanity International Inc, University Of Northern Iowa Habitat For Humanity ClubCeee Rm 18 0293, Cedar Falls, IA 50614IA1987-01$686,862
15Jacobs Place2930 Bell Ave, Des Moines, IA 50321-1421IA1983-06$604,420
16Corinthian Gardens Inc3408 Woodland Ave Ste 504, Wdm, IA 50266-6505IA1985-08$556,263
17Marengo Housing Corp298 W Washington St, Marengo, IA 52301-1346IA1972-01$292,384
18Riverside Gardens Inc, C-O Richard Motz2301 Pierce St, Sioux City, IA 51104-3850IA1993-05$141,065
19Habitat For Humanity International Inc, Greater Fairfield Area HfhPO BOX 334, Fairfield, IA 52556-0006IA1987-01$113,620
20Delta Community Housing ProjectPO BOX 96, North English, IA 52316-0096IA1978-07$68,652
Number of organizations performing similar types of work
Alaska3
Alabama26
Arkansas24
Arizona22
California196
Colorado35
Connecticut24
District of Columbia19
Delaware3
Florida83
Georgia43
Hawaii12
Iowa17
Idaho3
Illinois81
Indiana43
Kansas14
Kentucky57
Louisiana26
Massachusetts81
Maryland44
Maine14
Michigan71
Minnesota47
Missouri35
Mississippi13
Montana4
North Carolina87
North Dakota3
Nebraska26
New Hampshire10
New Jersey59
New Mexico9
Nevada3
New York183
Ohio113
Oklahoma15
Oregon11
Pennsylvania106
Rhode Island14
South Carolina36
South Dakota10
Tennessee37
Texas113
Utah6
Virginia49
Vermont10
Washington28
Wisconsin42
West Virginia10
Wyoming3
International6
Total2,029

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