Ozark Housing Development INC FY2024 filing

Tax-deductible

Ozark, AL501(c)(3)Since 1995HousingEIN 63-1151221

established to asist low to moderate income citizens achieve a higher standard of living and to assist public housing authorities achieve this goal for their residents

501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
$139K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
Is it a real charity?
501(c)(3)
not on the IRS revocation list
IRS BMF · Auto-Revocation List
Are gifts tax-deductible?
Yes
Donations are tax-deductible
IRS Pub. 78 · IRS BMF
Is it filing on time?
FY2025
latest Form 990
IRS e-file · Filing history
Is it financially stable?
2 of 5
years in the black
Pt I · Ln 19 · 5 filings
How much reaches the programs?
100%
of spending
Pt IX · Ln 25 · col B
What are leaders paid?
$139K
to officers and key staff · 23% of spending
Pt VII · Sec A
Do they have reserves?
2 mo
of spending, in cash
Pt X · Ln 1–2 · Pt I · Ln 18
Do they carry debt?
$5K
liabilities
Pt X · Ln 26
Who oversees it?
7
independent of 7 voting board members
Pt VI · Ln 1a–1b
Revenue
$583K
-2% vs prior year
Spent
$605K
To programs
100%
Net assets
$336K
By yearFY2021–FY2025
Revenue
$583K
FY2024▼ -2%
Revenue by fiscal year
FY2021$458K
FY2022$438K
FY2023$593K
FY2024$583K
FY2025$658K
FY2025$570K
Expenses
$605K
FY2024▲ +8%
Expenses by fiscal year
FY2021$499K
FY2022$440K
FY2023$559K
FY2024$605K
FY2025$606K
FY2025$578K
Net assets
$336K
FY2024▼ -6%
Net assets by fiscal year
FY2021$325K
FY2022$324K
FY2023$358K
FY2024$336K
FY2025$388K
FY2025$382K

From the FY2024 Form 990 (year ending March 2024) · see the original

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Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Yes — filed FY2025
Legal name (IRS)Hdr · item COzark Housing Development INC
EINHdr · item D63-1151221
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFMay 1997
Year of formationHdr · item L1995
Latest filingForm 990FY2025 · Form 990
Principal addressHdr · item COzark, AL
NTEE classificationIRS BMFHousing (L41Z)
WebsiteHdr · item Jwww.ohdi.net

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$605K
Total functional expensesLn 25$605K

Financial health

Is it on solid ground?

Program efficiency
100%
of spending reaches programs
Operating runway
2.0mo
months of highly liquid reserves at operating expense rate
Surplus margin
-4%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Total assets
$341K
FY2024▼ -6%
Total assets by fiscal year
FY2021$329K
FY2022$327K
FY2023$363K
FY2024$341K
FY2025$393K
FY2025$384K
Total liabilities
$5K
FY2024▲ +4%
Total liabilities by fiscal year
FY2021$4K
FY2022$3K
FY2023$5K
FY2024$5K
FY2025$5K
FY2025$2K
Revenue less expensesPt I · Ln 19−$22K
Total assetsPt X · Ln 16$341K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 47

Balance Sheet

Part X · end of year
CashLn 1$102K
Total assetsLn 16$341K
Total liabilitiesLn 26$5K
Total net assetsLn 32$336K
Months of cash on handcomputed2.0

Statement of Revenue

Part VIII
Program service revenue100%$582K
Investment income$1K
Total revenueLn 12$583K

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $102K · Operating expenses/yr $605K
2.0 months
Where the money goes
Program services
Program services $605K · Total expenses $605K
100%
Management & General
Management & general $0 · Total expenses $605K
0%
Fundraising
Fundraising $0 · Total expenses $605K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $583K
0%
Government reliance
Government grants — · Total revenue $583K
—
Earned-income share
Program service revenue $582K · Total revenue $583K
100%
Investment reliance
Investment income $1K · Total revenue $583K
+0.2%
Program self-sufficiency
Program service revenue $582K · Total expenses $605K
96%
Growth & trend
Revenue growth (YoY)
This year $583K · Prior year $593K
-2%
Net-asset trend (YoY)
End of year $336K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $583K · Expenses $605K
-4%
Liabilities-to-Assets
Total liabilities — · Total assets $341K
—
Net-asset ratio
Net assets $336K · Total assets $341K
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $341K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Lyndon Baker · Reported title Director of Operations · Highest reported compensation $64K · Total expenses $605K
11%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $493K · Total expenses $605K
82%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 100%——
Overhead ratio 0%——
Revenue growth -2%——
Investment management fee ratio 0%——
Legal fee ratio 0%——
Accounting fee ratio 0.7%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Director of Operations
$63,671Pt VII · Sec A
Secretary to the Board, Inspector and Director of Training
$41,886Pt VII · Sec A
Treasurer and Director of Administration
$33,422Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Lyndon Baker’s $60K as Director of Operations is at the 49th percentile of top reported officer pay among 852 $100K–1M housing nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2025FY2025FY2024FY2023FY2022FY2021
Lyndon Baker$59,582$66,932$63,671———
James Fuller$36,414$43,448$41,886$58,855$52,820$52,168
Vickie Ibrahim—$34,554$33,422$28,057$32,197$30,119
Dana Toub$34,428—————

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Governance & Policies

Part VI
  • 7Voting board membersPt VI · Ln 1a
  • 7Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aNo
  • Whistleblower policyPt VI · Ln 13No
  • Document retention policyPt VI · Ln 14No
  • Top official’s pay independently reviewedPt VI · Ln 15aYes
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Helps low-income people and housing agencies improve living standards.

Provided by the organization

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Mission & Programs · Part III

Where the work happens

1 program service account for $605K of program spending, described in the organization's own filed words · FY2023.
01

established to assist low to moderate income citizens achieve a higher standard of living and to assist public houisng authorities as they work to assist their residents achieve this goal

$605Kprogram expense

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Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2025 $658K$606K+13% 990 PDF
FY2024 Viewing $583K$605K-2% 990 PDF
FY2023 $593K$559K+35% 990 PDF
FY2022 $438K$440K-4% 990 PDF
FY2021 $458K$499K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

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