2026-01-13T09:31:41-06:00 2024-12-31 760269860 Blazek & Vetterling 2900 Weslayan Suite 200 Houston TX 77027 990 2024-01-01 043664461 NHH-Canal Street Apartments Inc NHH- 7132220290 3315 Harrisburg Blvd 400 Houston TX 77003 John Peavy Chief Financial Officer 7132220290 2026-01-13 1 0 Kurt Coburn P01638285 7134395739 2026-01-13 2024 2025-03-06 01:10:19Z Joy Horak-Brown 3315 Harrisburg Blvd 400 Houston TX 77003 1635795 0 X www.newhopehousing.com X 2001 TX NHH-Canal Street Apartments, Inc.'s core purpose is to provide 134 units of supportive, affordable housing for adults living singly on low incomes, which offers robust on-site supportive services. 7 7 0 8 0 0 0 0 1018582 1104343 26127 29337 0 0 1044709 1133680 0 0 0 0 417870 462359 0 0 0 814132 971202 1232002 1433561 -187293 -299881 2913870 2633104 172635 191853 2741235 2441251 X See Schedule O 0 0 1216595 1104343 See Schedule O 82743 See Schedule O 1299338 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 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 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X Joy Horak-Brown 7132220290 3315 Harrisburg Blvd Ste 400 Houston TX 77003 Ricardo Rivas Chair 1.00 11.00 X X 0 0 0 Andrea Link Vice Chair 1.00 4.00 X X 0 0 0 Kevin Fulton Secretary 1.00 2.00 X X 0 0 0 Janice E Walker Treasurer 1.00 3.00 X X 0 0 0 Sanford W Criner Jr Chair Emertius 1.00 3.00 X 0 0 0 Michael M Fowler Chair Emertius 1.00 3.00 X 0 0 0 Kenneth J Valach Chair Emertius 1.00 5.00 X 0 0 0 Joy Horak-Brown President & CEO 5.00 45.00 X 0 381600 1386 Tamara Foster EVP Onsite Ops/Strategic Partnership 5.00 45.00 X 0 227700 22041 John Peavy CFO (from July) 5.00 45.00 X 0 128679 234 Calvin Tang CFO (to March) 5.00 45.00 X 0 43333 2385 Diana Gross VP Philanthrophy & Communications 2.00 48.00 X 0 188250 22041 Ron Lastimosa VP Real Estate Development 0.00 50.00 X 0 210000 24541 Katie Lamb VP People & Culture 5.00 45.00 X 0 188250 22829 Stacey Lastovica VP Property Management 5.00 45.00 X 0 138000 22641 Rhonda Bonfield Dir. of Foundations and Corp Rel. 2.00 48.00 X 0 119600 10482 Ash Hussain Director of Finance 5.00 45.00 X 0 148000 15641 Aziz Ouedraogo Senior Manager Finance 5.00 45.00 X 0 105000 13483 Katherine Anchondo Real Estate Development Manager 0.00 50.00 X 0 117252 26981 0 1995664 184685 0 0 1 0 0 Rental income/fees 531110 1104343 1104343 1104343 29337 29337 502115 502115 0 0 1133680 1104343 0 29337 393203 368839 24364 4862 4862 32567 32567 31727 29761 1966 63901 63901 6941 6941 8100 8100 12060 12060 23098 23098 8690 8690 416383 416383 70 70 7397 7397 210233 210233 160347 160347 Uncollectible amounts 35892 35892 Dues and subscriptions 10210 10210 Professional dev. 7880 7880 1433561 1299338 134223 0 233744 121801 35222 20688 12445 15676 5699017 3741262 2167988 1957755 464471 517184 2913870 2633104 4409 18175 51447 28647 116779 145031 172635 191853 X 2741235 2441251 2741235 2441251 2913870 2633104 -299881 -103 0 X 0 1 X 1 0 X X 1 New Hope Housing Inc 731419279 7 1 1223328 210233 1 1223328 210233 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 Part I, Additional Supplemental Information: NHH - Canal Street Apartments, Inc. operates an apartment community as described in the Form 990, Part III. The Canal apartments further New Hope Housing, Inc.'s exempt purpose of providing life-stabilizing, affordable, permanent housing with support services for people who live on limited incomes. 343449 343449 5221217 3638014 1583203 134351 103248 31103 1957755 Security deposits 11650 Due to affiliates 133381 145031 0 0 0 0 0 0 0 0 0 Joy Horak-Brown President & CEO 0 318000 0 63600 0 0 0 0 0 1386 0 382986 0 0 Tamara Foster EVP Onsite Ops/Strategic Partnership 0 207000 0 20700 0 0 0 12500 0 9541 0 249741 0 0 Ron Lastimosa VP Real Estate Development 0 150000 0 60000 0 0 0 4200 0 20341 0 234541 0 0 Katie Lamb VP People & Culture 0 165000 0 23250 0 0 0 7298 0 15531 0 211079 0 0 Diana Gross VP Philanthrophy & Communications 0 165000 0 23250 0 0 0 12500 0 9541 0 210291 0 0 Ash Hussain Director of Finance 0 135000 0 13000 0 0 0 6100 0 9541 0 163641 0 0 Stacey Lastovica VP Property Management 0 120000 0 18000 0 0 0 13100 0 9541 0 160641 0 0 Part I, Line 3 The Executive Committee of New Hope Housing, Inc. reviews and approves the Executive Director's compensation using comparative data for similar organizations as disclosed on Form 990s, salary surveys, and approval by the Executive Committee. Form 990, Part III, Line 1 New Hope Housing's core purpose is to provide life-stabilizing, affordable, permanent housing with support services for people who live on very limited incomes. The nonprofit organization owns and operates single room occupancy (SRO) for individuals and affordable housing for families with children. Currently, we have four properties in development, one for families and three for seniors. Without permanent housing in a safe and nurturing environment, these men, women, and children might become unhoused or live in severely substandard conditions. The residents at New Hope's SROs and supportive housing for previously homeless families earn an average of $800 a month - a direct indicator that New Hope serves Houston's most vulnerable citizens. Approximately 65% of our supportive housing population is formerly homeless, and many are formerly chronic 'street' homeless coping with mental health disabilities and chronic health conditions. Together with our partners, New Hope helps people come home. Our core purpose is to provide life-stabilizing, affordable, permanent housing with support services for people who live on very limited incomes. The vision for New Hope grew out of the ministry of Christ Church Cathedral-Episcopal in 1993. We are committed to carrying forward that vision by providing high-quality Housing + Services, which lay the foundation of hope for a stable life. The rental rates at all affordable housing properties operated by New Hope Housing, Inc. and its affiliates include free utilities, cable TV access, on-site support services, and, in some instances, high-speed internet. At each of the SRO properties, the front desk is staffed 24 hours a day, 7 days a week. Form 990, Part III, Line 4a NHH at Canal - 134 units New Hope Housing facilitated the development and construction of NHH at Canal, owned by its subsidiary, NHH-Canal Street Apartments, Inc. The Canal building is Houston's first SRO in a neighborhood and opened in November 2005 at 2821 Canal Street in Houston's historic Second Ward/East End. Canal serves adults living singly on low incomes. The Canal development received numerous accolades including an AIA-Houston design award; the 2009 ULI-Houston Development of Distinction award; and was a finalist for ULI's 2009 Award for Excellence-North and South America. This recognition proves that affordable SRO housing can fill a public need and still be stylish - all on a shoestring budget. The development costs were funded through a public/private partnership that includes the City of Houston, Texas Department of Housing and Community Affairs, the Federal Home Loan Bank of Atlanta, and a broad array of foundation, corporate, and individual donors. Form 990, Part III, Line 4b Resident Services Program: New Hope Housing offers permanent supportive housing to people who have a long-range need for low-cost, supportive housing. Of course, there are residents who prefer to live at a New Hope property during a transitional time in their lives, later reuniting with family, or moving into market rate housing. As part of providing a supportive environment, New Hope operates the Resident Services Program, a four-pronged initiative that includes: (1) Assistance from the on-site Case Managers and Community Support Specialists who coordinate access to social services and to whom residents can turn if they are facing special difficulties. (2) Direct assistance with basic necessities, financial services, and food security that promote stability in the lives of residents. (3) Educational opportunities, life skills training, social activities, and healthcare access for spiritual, social, and physical well-being, and for equitable opportunities. (4) A Resident Feedback Collaborative, which closes feedback loops and amplifies resident voice, ensuring New Hope's Housing + Services are meeting true resident needs. More people have been housed in Houston, Texas since 2012 than ever before thanks to a strongly supported housing system. Yet much work remains to fill the approximately 195,000 shortage of affordable homes. This drives New Hope's intent to be an enduring institution serving people in Houston experiencing homelessness and those at risk of becoming unhoused. Form 990, Part VI, Section A, line 6 NHH-Canal Street Apartments, Inc. has one member, New Hope Housing, Inc., which is a corporation organized under the Texas Non-Profit Corporation Act and exempt from taxes under IRC 501(c)(3). Form 990, Part VI, Section A, line 7a The sole member, New Hope Housing, Inc., selects the board of directors. Form 990, Part VI, Section B, line 11b Certain members of the Finance Committee review and approve Form 990. Form 990 is distributed to governing body via email prior to filing. Form 990, Part VI, Section B, line 12c Annual written disclosure by all officers, directors and key employees is required. If any conflicts are identified, the board of directors takes appropriate action. Form 990, Part VI, Section B, line 15 The Executive Committee of New Hope Housing, Inc. reviews the Executive Director's compensation using comparative data for similar organizations. President/CEO reviews, with input from Treasurer/CFO, and comparative data is used. President/CEO reviews Treasurer/CFO, Vice President of Onsite Operations, Vice President of Real Estate Development, Vice President of Fund Development and Communications, and Director of Human Resources. Other employees are reviewed by direct supervisors, with final approval of President/CEO. All employees (except new hires) were reviewed in 2024. Form 990, Part VI, Section C, line 19 Documents are made available upon reasonable request. New Hope Housing Inc 3315 Harrisburg Blvd Ste 400 Houston TX 77003 731419279 Low income housing TX 501(c)(3) Line 7 N/A 0 Houston Area Community Development Corp 3315 Harrisburg Blvd Ste 400 Houston TX 77003 760380705 Low income housing TX 501(c)(3) Line 7 New Hope Housing 0 Rittenhouse SRO Ltd 3315 Harrisburg Blvd Ste 400 Houston TX 77003 352424076 SRO Housing TX N/A 0 0 Harrisburg SRO Ltd 3315 Harrisburg Blvd Ste 400 Houston TX 77003 811319604 SRO Housing TX N/A 0 0 NHH At Reed Ltd 3315 Harrisburg Blvd Ste 400 Houston TX 77003 471050534 SRO Housing TX N/A 0 0 Dale Carnegie SRO Ltd 3315 Harrisburg Blvd Ste 400 Houston TX 77003 831642515 SRO Housing TX N/A 0 0 NHH Avenue J Ltd 3315 Harrisburg Blvd Ste 400 Houston TX 77003 844704572 SRO Housing TX N/A 0 0 NHH Savoy Ltd 3315 Harrisburg Blvd Ste 400 Houston TX 77003 852806946 SRO Housing TX N/A 0 0 NHH Berry LLC 3315 Harrisburg Blvd Ste 400 Houston TX 77003 923931786 SRO Housing TX N/A 0 0 NHH Gray LLC 3315 Harrisburg Blvd Ste 400 Houston TX 77003 931691063 Senior Housing TX N/A 0 0 NHH Ennis LLC 3315 Harrisburg Blvd Ste 400 Houston TX 77003 873973091 Senior Housing TX N/A 0 0 NHH Avenue C Ltd 3315 Harrisburg Blvd Ste 400 Houston TX 77003 992984781 Senior Housing TX N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 The organization's finance and accounting team experienced significant personnel changes in 2024, complicating the completion of the organization's 2024 Form 990. The organization exercised ordinary business care and prudence and was nevertheless unable to file the return within the prescribed time. The organization has not previously filed late and has had discussions with its paid preparer about steps it can take to ensure that subsequent returns are timely filed. The organization respectfully requests abatement from late filing penalties due to the reasonable causes explained above.