Nonprofit · EIN 27-1087774
MOUNTAIN HOUSING OPPORTUNITIES LOAN FUND INC
Tax-exempt · ASHEVILLE, NC 28801
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $597,419 | $305,132 | $292,287 | $8,885,620 | $303,768 | $8,581,852 |
| December 31, 2023 | 990 | $440,173 | $279,230 | $160,943 | $8,585,234 | $295,669 | $8,289,565 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $475,000
- Program service revenue
- $122,419
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $231,603
- Salaries, compensation and benefits (total)
- $231,603
- Professional fundraising fees
- $0
- Legal fees
- $5,649
- Accounting fees
- $16,011
- Travel
- $1,422
- Depreciation
- $884
- Program services (functional)
- $305,132
Balance sheet and other
- Total assets, start of year
- $8,585,234
- Total assets, end of year
- $8,885,620
- Total liabilities, end of year
- $303,768
- Net assets, end of year
- $8,581,852
- Land, buildings and equipment
- $1,636
- Net assets without donor restrictions
- $4,886,659
- Net assets with donor restrictions
- $3,695,193
- Gross receipts
- $597,419
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2009
- State of legal domicile
- NC
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.
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| GEOFFREY BARTON | PRESIDENT & CEO Officer | 1 | $0 | $175,988 |
| CHARLES D OWEN III | CHAIR Trustee or director, Officer | 0.1 | $0 | $0 |
| LYNN COOK | VICE CHAIR Trustee or director, Officer | 0.1 | $0 | $0 |
| DANA WARD | SECRETARY Trustee or director, Officer | 0.1 | $0 | $0 |
| THERESA PIWOWAR | TREASURER Trustee or director, Officer | 0.1 | $0 | $0 |
| GRETA BYRD | DIRECTOR Trustee or director | 0.1 | $0 | $0 |
| JACK GILBERT | DIRECTOR Trustee or director | 0.1 | $0 | $0 |
| ANNETTE MCCLURE | DIRECTOR Trustee or director | 0.1 | $0 | $0 |
| RUTH MORRISSEY | DIRECTOR Trustee or director | 0.1 | $0 | $0 |
| CONSTANCE PROCTOR | DIRECTOR Trustee or director | 0.1 | $0 | $0 |
| RYAN ROHWER | DIRECTOR Trustee or director | 0.1 | $0 | $0 |
| ELIZABETH TEAGUE | DIRECTOR Trustee or director | 0.1 | $0 | $0 |
990 for the year ended December 31, 2023: 15 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| GEOFFREY BARTON | INCOMING PRESIDENT & CEO Officer | 1 | $0 | $127,323 |
| SCOTT DEDMAN | OUTGOING PRESIDENT & CEO Officer | 1 | $0 | $120,670 |
| CHARLES D OWEN III | CHAIR Trustee or director, Officer | 0.1 | $0 | $0 |
| ANTHONY THOMAS | VICE CHAIR Trustee or director, Officer | 0.1 | $0 | $0 |
| TREVA WILLIAMS | SECRETARY Trustee or director, Officer | 0.1 | $0 | $0 |
| THERESA PIWOWAR | TREASURER Trustee or director, Officer | 0.1 | $0 | $0 |
| GRETA BYRD | DIRECTOR Trustee or director | 0.1 | $0 | $0 |
| LYNN COOK | DIRECTOR Trustee or director | 0.1 | $0 | $0 |
| JACK GILBERT | DIRECTOR Trustee or director | 0.1 | $0 | $0 |
| ANNETTE MCCLURE | DIRECTOR Trustee or director | 0.1 | $0 | $0 |
| RUTH MORRISSEY | DIRECTOR Trustee or director | 0.1 | $0 | $0 |
| CONSTANCE PROCTOR | DIRECTOR Trustee or director | 0.1 | $0 | $0 |
| RYAN ROHWER | DIRECTOR Trustee or director | 0.1 | $0 | $0 |
| ELIZABETH TEAGUE | DIRECTOR Trustee or director | 0.1 | $0 | $0 |
| DANA WARD | DIRECTOR Trustee or director | 0.1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 53 S FRENCH BROAD AVE STE 100, ASHEVILLE, NC 28801-3282
- Principal officer (990 for 2024)
- GEOFFREY BARTON, 64 CLINGMAN AVE UNIT 101, ASHEVILLE, NC 28801
- Signed the 990
- GEOFFREY BARTON, PRESIDENT & CEO
- Phone
- (828) 254-4030
- Return prepared by
- BERNARD ROBINSON & COMPANY LLP
Mission
TO ADVANCE HOMEOWNERSHIP, PROMOTE COMMUNITY DEVELOPMENT AND IMPROVE ECONOMIC OPPORTUNITIES THROUGH FINANCIAL ASSISTANCE AND OTHER ACTIVITIES BENEFITING LOW AND MODERATE INCOME PEOPLE.
Program accomplishments
- PROVIDED HOME LOANS FOR LOW AND MODERATE INCOME FAMILIES IN BUNCOMBE, HAYWOOD, HENDERSON, AND MADISON COUNTIES.Expenses $305,132 · revenue $122,419
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 27-1087774
- 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
- 2013
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L20)
- Assets (IRS master file)
- $8,885,620
- Income (IRS master file)
- $597,419
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $597,419 | $305,132 | $8,885,620 | XML |
| 990 | December 2023 | $440,173 | $279,230 | $8,585,234 | XML |
| 990 | December 2022 | $651,635 | $313,304 | $9,168,190 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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 27-1087774).
Questions about MOUNTAIN HOUSING OPPORTUNITIES LOAN FUND INC
- What is the EIN of MOUNTAIN HOUSING OPPORTUNITIES LOAN FUND INC?
- The employer identification number (EIN) of MOUNTAIN HOUSING OPPORTUNITIES LOAN FUND INC is 27-1087774.
- Is MOUNTAIN HOUSING OPPORTUNITIES LOAN FUND INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2013.
- Are donations to MOUNTAIN HOUSING OPPORTUNITIES LOAN FUND INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MOUNTAIN HOUSING OPPORTUNITIES LOAN FUND INC 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 MOUNTAIN HOUSING OPPORTUNITIES LOAN FUND INC 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 MOUNTAIN HOUSING OPPORTUNITIES LOAN FUND INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of MOUNTAIN HOUSING OPPORTUNITIES LOAN FUND INC?
- The 990 for the year ended December 31, 2024 names GEOFFREY BARTON.
- Who are the officers and directors of MOUNTAIN HOUSING OPPORTUNITIES LOAN FUND INC?
- The 990 for the year ended December 31, 2024 lists 12 people; 0 received compensation from the organization.
- How much revenue does MOUNTAIN HOUSING OPPORTUNITIES LOAN FUND INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $597,419, expenses of $305,132 and total assets of $8,885,620 at year end.
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All nonprofits in ASHEVILLE · North Carolina · Housing and shelter