2025-02-19T07:48:53-06:00 2024-06-30 410746749 CLIFTONLARSONALLEN LLP 950 NORTH GLEBE ROAD SUITE 1200 ARLINGTON VA 22203 990 2023-07-01 522149054 HOUSING OPPORTUNITIES COMMUNITY PARTNERS INC HOUS 2406279420 10400 DETRICK AVENUE KENSINGTON MD 20895 CHELSEA ANDREWS HOC PRESIDENT/EXECUTIVE DIRECTOR 2406279420 2025-02-18 1 1 ROBERT WILLIAMS P01345960 5712279500 2025-02-18 2023 2025-03-06 01:10:19Z COMMUNITY PARTNERS CHELSEA ANDREWS 10400 DETRICK AVENUE KENSINGTON MD 20895 287284 0 X WWW.HOCOMMUNITYPARTNERS.ORG X 1998 MD HELP LOW-INCOME FAMILIES IN MONTGOMERY COUNTY'S SUBSIDIZED HOUSING IMPROVE THEIR QUALITY OF LIFE 7 7 0 38 0 0 347023 265657 0 0 0 21627 -13842 0 333181 287284 16570 37492 0 0 0 0 0 0 5858 218988 325793 235558 363285 97623 -76001 621801 545021 1947 1168 619854 543853 X TO PROVIDE SERVICES THAT STRENGTHEN THE HOUSING STABILITY AND INCREASE THE SELF-SUFFICIENCY OF LOW- AND MODERATE-INCOME FAMILIES AND INDIVIDUALS LIVING IN MONTGOMERY COUNTY'S AFFORDABLE HOUSING SO THAT NO ONE HAS UNMET NEEDS THAT THREATEN THEIR HOUSING STABILITY; ADULTS AND CHILDREN HAVE TOOLS THAT HELP THEM REACH THEIR FULLEST POTENTIAL; AND HOUSEHOLDS CAN ATTAIN THEIR VISION FOR A MORE FULFILLING QUALITY OF LIFE. 0 0 348292 37492 0 ASSIST THE HOUSING OPPORTUNITIES COMMISSION OF MONTGOMERY COUNTY (THE COMMISSION) IN ENCOURAGING SELF-SUFFICIENCY OF ITS RESIDENTS, IMPLEMENTING PROGRAMS AND PLANS TO ASSIST IN THE ACHIEVEMENT OF THIS GOAL, PROVIDING SERVICES, VOLUNTEER ASSISTANCE, COORDINATION, MANAGEMENT AND ADMINISTRATION AS REQUESTED BY THE COMMISSION IN THESE AREAS. FOSTER AND RECEIVE DONATIONS OF EQUIPMENT, MATERIALS, SUPPLIES AND OTHER GOODS FOR THE BENEFIT OF RESIDENTS OF THE HOUSING OPPORTUNITIES COMMISSION TO ASSIST IN BREAKING THE CYCLE OF POVERTY FOR ECONOMICALLY DISADVANTAGED OR OTHER NEEDY PEOPLE. 348292 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 MD X TIMOTHY GOETZINGER 3016741139 10400 DETRICK AVENUE KENSINGTON MD 20895 X VARUN DHAWAN BOARD CHAIR 1.00 0.00 X X 0 0 0 THERESA FINNEY DUMAIS BOARD VICE-CHAIR 1.00 0.00 X X 0 0 0 KENNETH B TECLER TREASURER 1.00 0.00 X X 0 0 0 MORGAN SMITH DIRECTOR 1.00 0.00 X 0 0 0 LEXAN MCDOWELL DIRECTOR 1.00 0.00 X 0 0 0 ALEXANDRA NASSAU-BROWNSTONE DIRECTOR 1.00 0.00 X 0 0 0 EILEEN FITZGERALD DIRECTOR 1.00 0.00 X 0 0 0 CHELSEA ANDREWS EXECUTIVE DIRECTOR 1.00 0.00 X 0 0 0 TIMOTHY GOETZINGER CFO 1.00 0.00 X 0 0 0 0 0 0 0 0 0 0 0 37007 228650 87064 265657 21627 21627 287284 0 0 21627 37492 37492 7988 7988 12500 12500 2495 2495 3193 3193 947 947 RESIDENT PROGRAMS 285909 285909 FOOD 6078 6078 FUNDRAISING EXPENSES 5858 5858 EQUIPMENT 625 625 200 200 363285 348292 9135 5858 621801 545021 621801 545021 0 1099 1947 69 1947 1168 X 420920 273612 198934 270241 619854 543853 621801 545021 -76001 0 X 0 1 X 1 0 X 83864 212767 154040 347023 265657 1063351 83864 212767 154040 347023 265657 1063351 211147 852204 21627 21627 1084978 0.78550 0.89500 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 DUE TO RELATED ENTITY 69 69 X 309765 22481 22481 287284 0 287284 385766 22481 22481 363285 0 363285 PART X, LINE 2: THE CORPORATION IS EXEMPT FROM INCOME TAX UNDER 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO FEDERAL INCOME TAXES HAVE BEEN PROVIDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE CORPORATION HAS ADOPTED THE GUIDANCE RELATED TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. MANAGEMENT HAS DETERMINED THAT THE CORPORATION HAS NO MATERIAL UNCERTAIN TAX POSITION THAT WOULD REQUIRE RECONGNITION UNDER FASB ASC 740. THE RETURNS FOR THE YEARS ENDED JUNE 30, 2023, 2022, AND 2021 REMAIN SUBJECT TO EXAMINATION BY FEDERAL AND VARIOUS STATE JURISDICTIONS. 1 TUITION ASSISTANCE 22 37492 0 PART I, LINE 2: HOUSING OPPORTUNITIES COMMUNITY PARTNERS, INC. (HOCP) USES DISCRETIONARY FUNDS TO SUPPORT A VARIETY OF SPECIAL PROGRAMS COORDINATED BY HOUSING OPPORTUNITIES COMMISSION (HOC). ALL FUNDING REQUESTS TO HOCP, MUST INCLUDE; A FORMAL APPLICATION, PROGRAM BUDGET, AND REPORT FORM SUBMITTED AT CONCLUSION OF PROGRAM. ALL FUNDING AWARDS ARE MADE BY THE HOCP BOARD OF DIRECTORS ONLY DURING OPEN BOARD MEETINGS, AUTHORIZED BY FORMAL RESOLUTIONS, WHICH ARE SIGNED BY THE BOARD CHAIR AND ATTACHED TO THE MEETING'S MINUTES. ALL EXPENSES ASSIGNED TO HOCP'S FUNDING AWARDS FOLLOW THE USUAL HOC PURCHASE ORDER PROCESS, SUPPORTED BY BOTH AN INVOICE AND AN APPROVED EXPENSE REQUEST FORM, SIGNED BY THE HOC STAFF IMPLEMENTING THE PROGRAM AND BY THE HOC STAFF LIAISON TO ENSURE PROGRAM AND FISCAL INTEGRITY. X 900 FMV X 22670 85664 FMV X TICKETS 2 500 FMV 0 0 0 SCHEDULE M, PART I, COLUMN (B): THE ORGANIZATION IS REPORTING A COMBINATION OF BOTH NUMBER OF CONTRIBUTIONS AND THE NUMBER OF ITEMS RECEIVED. THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS FOR FOOD INVENTORY DURING THE FISCAL YEAR. ALL OTHER NONCASH CONTRIBUTIONS ARE REPORTED AS THE NUMBER OF ITEMS RECEIVED. FORM 990, PART VI, SECTION A, LINE 7A THE GOVERNING BODY OF THE ORGANIZATION IS SELECTED BY THE HOUSING OPPORTUNITIES COMMISSION OF MONTGOMERY COUNTY. FORM 990, PART VI, SECTION B, LINE 11B THE GOVERNING BODY OF THE ORGANIZATION REVIEWS AND APPROVES A COMPLETE COPY OF THE FORM 990 BEFORE SUBMISSION TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C TRANSACTIONS WITH PARTIES WITH WHOM A CONFLICTING INTEREST EXISTS MAY BE UNDERTAKEN ONLY IF ALL OF THE FOLLOWING ARE OBSERVED: THE CONFLICTING INTEREST IS FULLY DISCLOSED; THE PERSON WITH THE CONFLICT OF INTEREST IS EXCLUDED FROM THE DISCUSSION AND APPROVAL OF SUCH TRANSACTION; A COMPETITIVE BID OR COMPARABLE VALUATION EXISTS; AND THE BOARD OR A DULY CONSTITUTED COMMITTEE THEREOF HAS DETERMINED THAT THE TRANSACTION IS IN THE BEST INTEREST OF THE ORGANIZATION. DISCLOSURE IN THE ORGANIZATION SHOULD BE MADE TO THE CHIEF EXECUTIVE OFFICER (OR IF SHE OR HE IS THE ONE WITH THE CONFLICT, THEN TO THE BOARD CHAIR), WHO SHALL BRING THE MATTER TO THE ATTENTION OF THE BOARD OR A DULY CONSTITUTED COMMITTEE THEREOF. DISCLOSURE INVOLVING DIRECTORS SHOULD BE MADE TO THE BOARD CHAIR, (OR IF SHE OR HE IS THE ONE WITH THE CONFLICT, THEN TO THE BOARD VICE-CHAIR) WHO SHALL BRING THESE MATTERS TO THE BOARD OR A DULY CONSTITUTED COMMITTEE THEREOF. THE BOARD OR A DULY CONSTITUTED COMMITTEE THEREOF SHALL DETERMINE WHETHER A CONFLICT EXISTS AND IN THE CASE OF AN EXISTING CONFLICT, WHETHER THE CONTEMPLATED TRANSACTION MAY BE AUTHORIZED AS JUST, FAIR, AND REASONABLE TO COMMUNITY PARTNERS. THE DECISION OF THE BOARD OR A DULY CONSTITUTED COMMITTEE THEREOF ON THESE MATTERS WILL REST IN THEIR SOLE DISCRETION, AND THEIR CONCERN MUST BE THE WELFARE OF COMMUNITY PARTNERS AND THE ADVANCEMENT OF ITS PURPOSE. FORM 990, PART VI, SECTION C, LINE 19 COPIES OF THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FORM 990 AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. HOUSING OPPORTUNITIES COMMISSION OF MONTGOMERY COUNTY 10400 DETRICK AVENUE KENSINGTON MD 20895 520859090 HOUSING AUTHORITY MD N/A 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 1 0