Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| PART I | THE ORGANIZATION FILED DOCUMENTS TO FORMALLY DISSOLVE AS OF DECEMBER 30, 2022. HOWEVER, ALL ADMINISTRATIVE TRANSACTIONS WEREN'T COMPLETED IN 2022. ACCORDINGLY, THE ORGANIZATION WILL FILE A FINAL SHORT FORM 990 FOR THE PERIOD ENDED IN 2023 |
| FORM 990, PART VI, SECTION A, LINE 7A | HOUSTON FIRST CORPORATION HAS THE RIGHT TO APPOINT ONE MEMBER OF THE GOVERNING BODY OF THE ORGANIZATION |
| FORM 990, PART VI, SECTION B, LINE 11B | THE SIGNING OFFICER REVIEWS THE FORM 990 BEFORE IT IS FILED. |
| FORM 990, PART VI, SECTION B, LINE 12C | ALL DISCLOSURES ARE MONITORED BY OUTSIDE LEGAL COUNSEL AND ENFORCED BY THE EXECUTIVE COMMITTEE, ITSELF. |
| FORM 990, PART VI, SECTION C, LINE 19 | UPON REQUEST |
| PART VIII LN 11A | THE ORGANIZATION ACCRUED EXPENSES AS AN ACCRUAL TAXPAYER IN THE 2021 TAX PERIOD. HOWEVER, SEVERAL EXPENSES HAVE BEEN REVERSED IN 2022 AND REFLECTED ON THE STATEMENT OF REVENUE FOR $1,823,472. THE BREAKDOWN OF THE EXPENSES ARE AS FOLLOWS: HFC SHARED SERVICES $615,000 FACILITY RENTAL CHARGES $ 850,000 OTHER MISCELLANEOUS PROGRAM EXPENSES $358,472 |
| FORM 990, PART IX, LINE 11G | VARIOUS SERVICES INCLUDING CONSULTING, IT SERVICES, AND PEO EXPENSES: PROGRAM SERVICE EXPENSES 13,249. MANAGEMENT AND GENERAL EXPENSES 18,151. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 31,400. E3 FIXED FEE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 175,000. TOTAL EXPENSES 175,000. |
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