NonprofitsHome Trust Of Ouray County

Housing & Shelter

Home Trust Of Ouray County

RIDGWAY, CO

Total revenue

$1.2M

Total expenses

$323K

Net assets

$2.0M

Grants received

$492K

20 grants

EIN

861764266

Tax year

2024

Mission

To grow an inclusive, economically diverse community by providing permanently affordable housing and housing related resources to modest income households in Ouray County through the stewardship of community assets.

Programs

2 programs

Apartment building with six units being rented as affordable housing. Some small renovations and repairs are scheduled for a couple units in 2024 to keep the property maintained.

Expenses: $71K

Secured vacant land with future plans to build a mixed use development. There will be affordable housing, commercial spaces, and a Licensed Infant/Toddler Childcare Center when construction is complete.

Expenses: $67K

Financials

FY 2024

Revenue

Contributions & grants$1.1M
Program service revenue$64K
Investment income$4K
Other revenue$28K
Total revenue$1.2M

Expenses

Grants paid
Salaries & benefits$176K
Fundraising
Other expenses$146K
Total expenses$323K
Total assets$4.2M
Net assets$2.0M

People

8 listed

NameRoleCompensation

Alex Durham

Director

Board

5 hrs/wk

ERIC STEVENS

President

Board

0

Jake Niece

Director

Board

5 hrs/wk

Marc Hitchcox

Director

Board

5 hrs/wk

Craig Spearman

Secretary

Board

5 hrs/wk

Josh Smith

Director

Board

5 hrs/wk

Preston Neill

Director

Board

5 hrs/wk

Andrea Sokolowski

Manager

Staff

$87K

40 hrs/wk

Grants received

Showing 20 of 20

FromAmountPurposeYear
$50K
COMMUNITY DEV
2024
$50K
OPERATIONS
2024
$12K
GENERAL SUPPORT
2024
$3K
CHARITABLE CONTRIBUTION
2024
$65K
ACQUISITION AND REHAB OF AFFORDABLE HOUSING
2023
$25K
DONATION TO 501(C )(3) ORGANIZATION WORKING TO DEVELOP AND MANAGE PERMANENTLY AFFORDABLE HOUSING SOLUTIONS FOR OURAY COUNTY RESIDENTS AND BUSINESSES.
2023
$25K
LAND PURCHASE
2023
$20K
GENERAL OPERATIONS
2023
$20K
PROGRAM EXPANSION AND GENERAL SUPPORT
2023
$3K
CHARITABLE CONTRIBUTION
2023
$100K
For grant recipient's exempt purposes
2022
$25K
LAND PURCHASE
2022
$16K
Affordable housing
2022
$10K
OPERATIONS
2022
$10K
RIDGWAY DUPLEX AND TRIPLEX
2022
$10K
GENERAL OPERATIONS
2022
$5K
GENERAL OPERATIONS
2021

Funded by

$492K from 11 funders · 20 grants · 2021–2024

Enterprise Community Partners Inc

$85K · 2 grants · 2023–2024

Telluride Foundation

$60K · 2 grants · 2022–2024

Gates Family Foundation

$50K · 2 grants · 2022–2023

Community Foundation Of The

$50K · 1 grant · 2024

Western Colorado Community

$42K · 3 grants · 2022–2024

Kissinger Family Foundation Inc

$35K · 3 grants · 2021–2023

Rv Toan Foundation

$25K · 1 grant · 2023

Details

EIN861764266
NTEE codeL20
Subsection03
Ruling date2021-11
Formed2021
Employees2
Volunteers63
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