NonprofitsMountain Housing Opportunities Inc

Housing & Shelter

Mountain Housing Opportunities Inc

ASHEVILLE, NC

Total revenue

$8.5M

Total expenses

$4.8M

Net assets

$30.5M

Grants received

$10.2M

50 grants

EIN

581816998

Tax year

2024

Mission

To provide affordable housing for low-income individuals living in buncombe county and the surrounding areas of north carolina.

Financials

FY 2024

Revenue

Contributions & grants$6.2M
Program service revenue$2.1M
Investment income$223K
Other revenue$8K
Total revenue$8.5M

Expenses

Grants paid
Salaries & benefits$1.8M
Fundraising$146K
Other expenses$3.0M
Total expenses$4.8M
Total assets$52.5M
Net assets$30.5M

People

17 listed

NameRoleCompensation

GEOFFREY BARTON

PRESIDENT & CEO

Board

$176K

39 hrs/wk

VIC ANDERSON

OUTGOING CHIEF FINANCIAL OFFICER

Board

$38K

39 hrs/wk

MEGHAN GABEL

INCOMING CHIEF FINANCIAL OFFICER

Board

$14K

39 hrs/wk

ANNETTE MCCLURE

DIRECTOR

Board

0.4 hrs/wk

RUTH MORRISSEY

DIRECTOR

Board

0.4 hrs/wk

CHARLES D OWEN III

CHAIR

Board

0.4 hrs/wk

RYAN ROHWER

DIRECTOR

Board

0.4 hrs/wk

ELIZABETH TEAGUE

DIRECTOR

Board

0.4 hrs/wk

CONSTANCE PROCTOR

DIRECTOR

Board

0.4 hrs/wk

LYNN COOK

VICE CHAIR

Board

0.4 hrs/wk

DANA WARD

SECRETARY

Board

0.4 hrs/wk

THERESA PIWOWAR

TREASURER

Board

0.4 hrs/wk

GRETA BYRD

DIRECTOR

Board

0.4 hrs/wk

JACK GILBERT

DIRECTOR

Board

0.4 hrs/wk

ALLISON ROLLISON

DIRECTOR OF PHILANTHROPY

Staff

$112K

39 hrs/wk

SELENA JIMENEZ

FINANCE MANGER

Staff

$107K

39 hrs/wk

LEE DEVICO

REPAIR MANAGER

Staff

$106K

39 hrs/wk

Independent contractors

HYDEN CONSTRUCTION

CONTRACTOR

$359K

RUTHERFORD HEATING

CONTRACTOR

$193K

Grants received

Showing 50 of 50

FromAmountPurposeYear
$2M
AFFORDABLE HOUSING DEVELOPMENT IN BUNCOMBE COUNTY.
2024
$925K
GENERAL OPERATING SUPPORT FOR TENANT ASSISTANCE POST-HURRICANE HELENE.
2024
$750K
GENERAL OPERATING SUPPORT FOR AFFORDABLE HOUSING DEVELOPMENT IN EIGHT WNC COUNTIES.
2024
$95K
HOP CAPACITY BUILDING FUNDS
2024
$13K
DISCRETIONARY STAFF CARE AND SUPPORT FOLLOWING HURRICANE HELENE.
2024
$10K
ENCOURAGE AND FACILITATE THE ADOPTION OF LEADING-EDGE PRACTICES IN MUNICIPAL FORESTS INCLUDING INVENTORY, PLANTING, MAINTENANCE AND EDUCATION.
2024
$1K
CONTRIBUTION
2024
$204K
HOP CAPACITY BUILDING FUNDS
2023
$168K
BUILDING COMMUNITY & ECONOMIC VITALITY
2023
$13K
For grant recipient's exempt purposes
2023
$10K
HOUSING, SHELTER
2023
$6K
BUILD & IMPROVE HOMES, NEIGHBORHOODS, COMMUNITIES & LIVES
2023
$1K
CONTRIBUTION
2023
$1M
THE APPLICANT HAS CLARIFIED THE REQUEST TO MEET SAFE HARBOR REQUIREMENTS AND THE AFFORDABLE UNIT MIXTURE WILL NOW INCLUDE 51 HOMES SOLD TO HOUSEHOLDS AT OR BELOW 80% AMI AND 17 HOMES THAT WILL BE UNRESTRICTED.
2022
$665K
THIS PORTION OF THE PROJECT INVESTMENT IS STRUCTURED AS A GRANT TO MAINTAIN THE FINANCIAL HEALTH OF THEIR PROJECT OF CREATING UNITS TO SERVE A GREAT NUMBER OF LOW-INCOME HOUSEHOLDS IN BUNCOMBE COUNTY OUTSIDE OF THE TRADITIONAL 9% LIHTC CYCLE.
2022
$150K
THIS REQUEST WILL COVER THE FEES OF TWO APPLICATIONS FOR LIHTC FUNDS, INCLUDING ONE THAT WILL OCCUR IN A COUNTY OTHER THAN BUNCOMBE.
2022
$108K
OPERATING SUPPORT
2022
$93K
CAPACITY BUILDING
2022
$52K
ENHANCING THE ENVIRONMENT
2022
$14K
For grant recipient's exempt purposes
2022
$10K
THIS GRANT WILL PROVIDE GENERAL OPERATING SUPPORT FOR MOUNTAIN HOUSING OPPORTUNITIES, INC.
2022
$8K
HUMAN SERVICES
2022
$2K
CONTRIBUTION
2022
$37K
ACQUISITION AND REHAB OF AFFORDABLE HOUSING
2021
$14K
For grant recipient's exempt purposes
2021
$14K
For grant recipient's exempt purposes
2021
$9K
BUILDING COMMUNITY & ECONOMIC VITALITY
2021
$420K
PREDEVELOPMENT GRANT
2020
$60K
IMPACT GRANT
2020
$25K
BUILDING COMMUNITY & ECONOMIC VITALITY
2020
$15K
OPEN DOORS HOMEOWNERSHIP GRANT
2020
$100
CONTRIBUTION
2020
$125K
MHO PORTFOLIO STRENGTHENING
2019
$37K
CAPACITY BUILDING
2018
$15K
GENERAL SUPPORT
2018
$465K
EXPENDABLE GRANTS
2017
$11K
HEALTH & HUMAN SERVICES
2017

Funded by

$10.2M from 20 funders · 50 grants · 2017–2024

Dogwood Health Trust

$5.9M · 9 grants · 2020–2024

Neighborhood Reinvestment Corporation

$3.1M · 7 grants · 2017–2023

Impact Health

$408K · 3 grants · 2022–2024

The Community Foundation

$254K · 4 grants · 2020–2023

Enterprise Community Partners Inc

$167K · 3 grants · 2018–2022

Td Charitable Foundation

$125K · 1 grant · 2019

Wnc Bridge Foundation

$60K · 1 grant · 2020

Fidelity Investments Charitable Gift Fund

$54K · 4 grants · 2021–2023

Details

EIN581816998
NTEE codeL810
Subsection03
Ruling date1989-02
Formed1988
Employees26
Volunteers18
MOUNTAIN HOUSING OPPORTUNITIES INC — Mission, Financials & Grants Received | Grantivo