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Nonprofit · EIN 71-0552782

HOUSING OPPORTUNITIES INC

Tax-exempt · TEXARKANA, AR 71854

Financials

$854K$556K2022$544K$564K2023$550K$523K2024
Revenue Expenses · by fiscal year end
Financials of HOUSING OPPORTUNITIES INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$550,438$522,538$27,900$1,070,137$23,190$1,046,947
June 30, 2024990$543,832$563,569-$19,737$1,061,765$42,718$1,019,047
June 30, 2023990$854,073$555,626$298,447$1,096,050$57,266$1,038,784
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$326,035
of which government grants
$326,035
Program service revenue
$221,031
Investment income
$1,822
Other revenue
$1,550

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$64,559
Salaries, compensation and benefits (total)
$75,178
Professional fundraising fees
$0
Accounting fees
$14,427
Occupancy
$169,955
Depreciation
$64,912
Program services (functional)
$450,942
Management and general (functional)
$71,596

Balance sheet and other

Total assets, start of year
$1,061,765
Total assets, end of year
$1,070,137
Total liabilities, end of year
$23,190
Net assets, end of year
$1,046,947
Land, buildings and equipment
$756,566
Net assets without donor restrictions
$1,046,947
Gross receipts
$550,438
Employees
0
Volunteers
15
Year formed
1981
State of legal domicile
AR

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgs
Kathaleen SandersCFO
Officer
1$0$84,912
Brad BaileyCEO
Officer
1$0$70,760
Brandon WashingtonVice President
Trustee or director, Officer
0.5$0$0
Martha NortonPresident
Trustee or director, Officer
0.5$0$0
Mindy WilliamsSecretary
Trustee or director, Officer
1$0$0
Sonja HubbardTreasurer
Trustee or director, Officer
1$0$0
Megan SchroederBoard Member
Trustee or director
0.5$0$0
990 for the year ended June 30, 2024: 8 people
NameTitleHours / weekCompensationFrom related orgs
SHERRY YOUNG WATKINSCEO/EXEC DIRECTOR THROUGH 3/2/2024
Officer
1$0$85,485
KATHALEEN SANDERSCFO
Officer
1$0$82,118
BRANDON WASHINGTONSECRETARY
Trustee or director, Officer
1$0$0
MARTHA NORTONVICE PRESIDENT
Trustee or director, Officer
1$0$0
MEGAN SCHROEDERPRESIDENT
Trustee or director, Officer
1$0$0
MINDY WILLIAMSTREASURER
Trustee or director, Officer
1$0$0
SONJA HUBBARDBOARD MEMBER
Trustee or director
1$0$0
BRAD BAILEYCEO/EXEC DIRECTOR SINCE 3/2/2024
Officer
1$0$0
990 for the year ended June 30, 2023: 7 people
NameTitleHours / weekCompensationFrom related orgs
SHERRY YOUNG WATKINSCEO
Officer
40$0$88,644
KATHALEEN SANDERSCFO
Officer
40$0$82,849
MEGAN SCHROEDERPRESIDENT
Trustee or director, Officer
1$0$0
SONJA HUBBARDBOARD MEMBER
Trustee or director
1$0$0
MARTHA NORTONVICE PRESIDENT
Trustee or director, Officer
1$0$0
MINDY WILLIAMSTREASURER
Trustee or director, Officer
1$0$0
BRANDON WASHINGTONSECRETARY
Trustee or director, Officer
1$0$0

Address and contacts

Address (IRS master file)
600 E 43RD ST, TEXARKANA, AR 71854-1470
In care of
% SHERRY YOUNG WATKINS
Principal officer (990 for 2024)
Martha Norton, 600 E 43RD STREET, TEXARKANA, AR 71854
Signed the 990
BRAD BAILEY, CEO
Phone
(903) 791-2270
Return prepared by
Forvis Mazars LLP

Mission

TO PROVIDE DEVELOPMENTAL AND SUPPORT SERVICES TO EMPOWER INDIVIDUALS TO ATTAIN A FULL LIFE IN THE COMMUNITY.

990 for the year ended June 30, 2025

Program accomplishments

  • RENTAL OF APARTMENTS TO ELDERLY AND HANDICAPPED TENANTS UNDER HUD SECTION 202 RENTAL PROGRAMS
    Expenses $450,942 · revenue $221,031

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
71-0552782
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1981
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,070,137
Income (IRS master file)
$550,438

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$550,438$522,538$1,070,137IRS
990June 2024$543,832$563,569$1,061,765IRS
990June 2023$854,073$555,626$1,096,050XML
990June 2022$574,230$485,611$788,093IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 71-0552782).

Questions about HOUSING OPPORTUNITIES INC

What is the EIN of HOUSING OPPORTUNITIES INC?
The employer identification number (EIN) of HOUSING OPPORTUNITIES INC is 71-0552782.
Is HOUSING OPPORTUNITIES INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1981.
Are donations to HOUSING OPPORTUNITIES INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does HOUSING OPPORTUNITIES INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of HOUSING OPPORTUNITIES INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did HOUSING OPPORTUNITIES INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of HOUSING OPPORTUNITIES INC?
The 990 for the year ended June 30, 2025 names Martha Norton.
Who are the officers and directors of HOUSING OPPORTUNITIES INC?
The 990 for the year ended June 30, 2025 lists 7 people; 0 received compensation from the organization.
How much revenue does HOUSING OPPORTUNITIES INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $550,438, expenses of $522,538 and total assets of $1,070,137 at year end.

Other nonprofits in TEXARKANA

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