HOUSING AND ECONOMIC OPPORTUNITIES INC
1524 S 16TH STREET NO 2ND FL, WILMINGTON, NC 28401

Total Revenue
$229,263
Total Expenses
$321,111
Net Assets
$1,966,029

Organizations Filed Purposes: TO OFFER AFFORDABLE HOUSING AND SUPPORT SO THAT NO ONE SHALL BELIEVE THEY SHOULD LIVE IN SUBSTANDARD HOUSING DUE TO FINANCIAL OR SOCIAL CONDITIONS.

PROVIDES AFFORDABLE HOUSING AND ELIMINATES VACANT, UNINHABITABLE HOUSING.

DURING 2017, HEO AND ITS PARTNERS COMPLETED THE REHABILITATION OF A DISTRESSED PUBLIC HOUSING PROPERTY USING LIHTC AND PROVIDED 77 LOW INCOME FAMILIES WITH SAFE AND AFFORDABLE HOUSING. HEO ALSO MANAGED AN 8 UNIT SUPPORTIVE HOUSING PROPERTY THAT ALLOWS PERSONS WITH DISABILITIES TO LIVE INDEPENDENTLY. HEO COMPLETED CONSTRUCTION IN 2018 ON ANOTHER 8 UNIT SUPPORTIVE HOUSING DEVELOPMENT FOR DISABLED INDIVIDUALS. THIS PROJECT WAS FUNDED THROUGH THE NORTH CAROLINA HOUSING FINANCE AGENCY'S SUPPORTIVE HOUSING DEVELOPMENT PROGRAM AND CDBG FUNDING FROM THE CITY OF WILMINGTON. RESIDENTS WHO WOULD OTHERWISE BE LIVING IN ASSISTED LIVING OR WITH FAMILY ARE OFFERED THE OPPORTUNITY TO LIVE INDEPENDENTLY BECAUSE OF THE PARTNERSHIP BETWEEN HEO AND ELDERHAUS TO PROVIDE SUPPORTIVE SERVICES FOR ALL RESIDENTS.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
M Kim FitzwaterVP/CFO1.5$0
Katrina H RedmonPRESIDENT1.5$0
Phillip WebbDIRECTOR1.5$0
Theresa EverettDIRECTOR1.5$0
Lee BackstonDIRECTOR1.5$0
Joan JohnsonDIRECTOR1.5$0
Al SharpDIRECTOR1.5$0
Keith GearityDIRECTOR1.5$0
Nancy GuytonVICE CHAIR1.5$0
Kenneth Chestnut SrBOARD CHAIR NOV 2019 - MAR 20202$0
Betsy KahnCHAIR APRIL - NOV 20191$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202120469349301777_public.xml