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Nonprofit · EIN 75-2756681

BUILDERS OF HOPE CDC

Tax-exempt · DALLAS, TX 75222

Financials

$3M$3.6M2023$4.9M$4.9M2024
Revenue Expenses · by fiscal year end
Financials of BUILDERS OF HOPE CDC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$4,918,690$4,908,913$9,777$7,813,501$8,728,518-$915,017
December 31, 2023990 (amended)$2,958,145$3,638,554-$680,409$7,537,411$8,462,205-$924,794
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$2,243,983
of which government grants
$1,153,809
Program service revenue
$2,674,707
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$127,479
Compensation of officers, directors and key employees
$273,984
Other salaries and wages
$287,169
Salaries, compensation and benefits (total)
$622,116
Professional fundraising fees
$0
Travel
$21,969
Program services (functional)
$4,340,837
Management and general (functional)
$537,450
Fundraising (functional)
$30,626

Balance sheet and other

Total assets, start of year
$7,537,411
Total assets, end of year
$7,813,501
Total liabilities, end of year
$8,728,518
Net assets, end of year
-$915,017
Land, buildings and equipment
$3,641,900
Net assets without donor restrictions
-$1,019,672
Net assets with donor restrictions
$104,655
Gross receipts
$4,918,690
Employees
0
Volunteers
7
Year formed
1998
State of legal domicile
TX

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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Debbie SolisDirector
Trustee or director
0$0
Billy WhiteDirector
Trustee or director
0$0
Mallory MuseDirector
Trustee or director
0$0
Anna HillDirector
Trustee or director
0$0
John JacksonDirector
Trustee or director
0$0
Lindsay BillingsleyDirector
Trustee or director
0$0
Benjamin VannDirector
Trustee or director
0$0
Kristen McNealDirector
Trustee or director
0$0
Aaron BrownTreasurer
Trustee or director, Officer
0$0
Al GalpernBoard Chairman
Officer
0$0
Bill GuthreySecretary
Officer
0$0
Chris LewisChief Operations & Housing Dev
Key employee
40$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
James ArmstrongCEO
Highest-paid employee
40$158,260
Stephanie ChampionChief of Community Dev & Poli
Highest-paid employee
0$100,071
Billy WhiteDirector
Trustee or director
0$0
Mallory MuseDirector
Trustee or director
0$0
Debbie SolisDirector
Trustee or director
0$0
Alta MantschDirector
Trustee or director
0$0
John HawkinsSecretary
Officer
0$0
Bill GuthreyTreasurer
Officer
0$0
Al GalpernBoard Chairman
Officer
0$0

Address and contacts

Address (IRS master file)
PO BOX 224723, DALLAS, TX 75222-4723
In care of
% CHRIS LEWIS
Signed the 990
CHRIS LEWIS, CEO
Return prepared by
CompassCrest Consulting LLC

Mission

Builders of Hope is a multifaceted community development corporation devoted to transforming Dallas, TX by building strong communities and energy efficient quality affordable homes.

990 for the year ended December 31, 2024

Program accomplishments

  • West Dallas Community Visions Plan (WDCVP) - The West Dallas Community Vision Plan (Plan) is a grassroots, community-led vision for the future of West Dallas. The Plan seeks to create a hard, equitable vision for West Dallas, including economic development, housing, education, transportation, land use, and the environment. The Plan aims to drive future policy and investment decisions in 3 key ways: 1. Informing adopted public policy, including the City Comprehensive Plan. 2. Informing private investment and development, e.g., through Community Benefit Agreements. 3. Increasing resident leadership and capacity to realize the community vision.
    Expenses $2,341,624
  • The Dallas Neighborhood Anti-Displacement Toolkit (ADT) was published and released in November 2024, after launch in 2022. 2024 was spent finalizing the neighborhood maps, drafting, revising, and editing the Toolkit content and designing the final publication. BoH hosted three community meetings to preview the Toolkit with stakeholders and gather feedback from the community. The release was celebrated with a well attended event in November 2024.
    Expenses $255,536
  • Property Tax Assistance Program (PTAP) launched in 2024 as a pilot initiative to combat displacement pressures in West Dallas. The program provided direct financial relief to legacy West Dallas residents facing rising property tax bills. In 2024, PTAP provided assistance to 81 income-eligible households.
    Expenses $114,976 · grants $100,000
  • Expenses $1,628,701

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
75-2756681
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1999
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$7,813,501
Income (IRS master file)
$4,918,690

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$4,918,690$4,908,913$7,813,501XML
990December 2023$2,958,145$3,638,554$7,537,411IRS
990December 2022$2,156,362$1,106,473$2,016,873IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 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 75-2756681).

Questions about BUILDERS OF HOPE CDC

What is the EIN of BUILDERS OF HOPE CDC?
The employer identification number (EIN) of BUILDERS OF HOPE CDC is 75-2756681.
Is BUILDERS OF HOPE CDC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
Are donations to BUILDERS OF HOPE CDC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does BUILDERS OF HOPE CDC 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 BUILDERS OF HOPE CDC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BUILDERS OF HOPE CDC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who are the officers and directors of BUILDERS OF HOPE CDC?
The 990 for the year ended December 31, 2024 lists 12 people; 0 received compensation from the organization.
How much revenue does BUILDERS OF HOPE CDC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $4,918,690, expenses of $4,908,913 and total assets of $7,813,501 at year end.

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