Civic Intelligence

Homsite Fund Inc

EIN 23-7368656 • 501(c)3 • Auburn, NY

Profile

To administer programs geared to help the underpriviledged by providing counseling, job training, rental assistance, and housing rehabilitation services to qualified residents.

60 Clark StAuburn, NY 13021

www.homsite.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

84th percentile

0.41x

Higher debt load relative to assets than 84% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

89th percentile

0.66x

Higher debt load relative to revenue than 89% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2023

Net Margin

10th percentile

-36%

Higher net margin than 10% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

13th percentile

-19%

Faster asset growth than 13% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2023

Revenue Growth

36th percentile

-0.7%

Faster revenue growth than 36% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2023

Assets

Down

$406,125

Down $38,538 (-8.7%) from 2024

Liabilities

Up

$171,702

Up $12,828 (+8.1%) from 2024

Net Assets

Down

$234,423

Down $51,366 (-18%) from 2024

Revenue

Down

$219,370

Down $114,509 (-34%) from 2024

Expenses

Down

$270,736

Down $79,646 (-23%) from 2024

Net Income

Down

-$51,366

Down $34,863 (-211%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0Assets 2017: $617,234Liabilities 2017: $227,249Net Assets 2017: $389,9852017Assets 2018: $1,076,752Liabilities 2018: $620,239Net Assets 2018: $456,5132018Assets 2019: $886,017Liabilities 2019: $298,464Net Assets 2019: $587,5532019Assets 2020: $895,323Liabilities 2020: $332,491Net Assets 2020: $562,8322020Assets 2021: $777,871Liabilities 2021: $249,284Net Assets 2021: $528,5872021Assets 2022: $661,186Liabilities 2022: $245,337Net Assets 2022: $415,8492022Assets 2023: $513,618Liabilities 2023: $211,326Net Assets 2023: $302,2922023Assets 2024: $444,663Liabilities 2024: $158,874Net Assets 2024: $285,7892024Assets 2025: $406,125Liabilities 2025: $171,702Net Assets 2025: $234,4232025

Highlighted filing

2025

Assets$406,125
Liabilities$171,702
Net Assets$234,423

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2017: $214,758Expenses 2017: $208,609Net Income 2017: $6,1492017Revenue 2018: $1,018,416Expenses 2018: $951,888Net Income 2018: $66,5282018Revenue 2019: $547,279Expenses 2019: $577,873Net Income 2019: -$30,5942019Revenue 2020: $1,039,069Expenses 2020: $1,063,790Net Income 2020: -$24,7212020Revenue 2021: $323,104Expenses 2021: $357,349Net Income 2021: -$34,2452021Revenue 2022: $397,058Expenses 2022: $509,796Net Income 2022: -$112,7382022Revenue 2023: $318,602Expenses 2023: $432,159Net Income 2023: -$113,5572023Revenue 2024: $333,879Expenses 2024: $350,382Net Income 2024: -$16,5032024Revenue 2025: $219,370Expenses 2025: $270,736Net Income 2025: -$51,3662025

Highlighted filing

2025

Revenue$219,370
Expenses$270,736
Net Income-$51,366

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
May 1, 2024 to Apr 30, 2025
Signed
Mar 13, 2026
Return Version
2024v5.5
Gross Receipts
$219,370
Mission and Program Overview

Mission

To help the underpriviledged by providing counseling, job training, rental assistance and housing rehabilitation services to qualified residents.

Homsite fund is a nonprofit community based development organization focused on providing housing and community development services geared to improving the lives of low and moderate income persons living in the city of auburn

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$338,717$294,376▼ $44,341
Land, Buildings, and Equipment, Net$29,246$58,727▲ $29,481
Accounts Receivable$73--
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities-$0-
Total Assets$444,663$406,125▼ $38,538
Other Assets Total$76,627$53,022▼ $23,605
Liabilities
Other Liabilities$4,305$114,801▲ $110,496
Mortgage Notes Payable Secured by Investment Property$50,000$50,000→ $0
Escrow Account Liability$96,187$5,870▼ $90,317
Deferred Revenue$1,449--
Accounts Payable and Accrued Expenses$6,933$1,031▼ $5,902
Total Liabilities$158,874$171,702▲ $12,828
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$285,789$234,423▼ $51,366
Total Net Assets Fund Balance$285,789$234,423▼ $51,366
Total Liabilities and Net Assets / Fund Balance$444,663$406,125▼ $38,538

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$30,528$371,972$402,500
Land$20,000-$20,000
Equipment$8,199$7,501$15,700
Other Assets Org$4,829--
Compensation and Service Providers

Employees

NameTitleOtherTotal
Erica RyanExecutive Director$72,295$72,295

Board Members and Trustees

NameTitle
Bob PadulaPresident
Tiffany BeebeeVicepresident
Deanna RyanBoard Member
Greg LattimoreBoard Member
Lisa EngeSecretary
Craig MietzTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$148,695
Program Service Revenue
$69,102
Investment Income
$52
Other Revenue
$1,521
Change in Net Assets
$-51,366
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$270,736
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$31,578--$31,578
Fees for Services Accounting$20,770--$20,770
Office Expenses$9,092$25-$9,117
Other Expenses$2,214$200,000-$2,214
Depreciation Depletion$1,818--$1,818
Total Functional Expenses$70,711$200,025$0$270,736
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Related Entities$109,972
Tenant Security Deposits$4,829
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The board of directors reviews a copy of the 990 at a reguarly scheduled board meeting before the return is filed

Form 990, Part VI, Section B, Line 12C

The organizations reviews the policy on an ongoing basis

Form 990, Part VI, Section C, Line 18

Governing documents are avalible to the public upon request

Form 990, Part VI, Section C, Line 19

The organization reviews this policy on an ongoing basis

Filing and Contact Details

Filer

Filer Name
Homsite Fund Inc
EIN
23-7368656
Phone
3152538451
Address
60 CLARK ST, AUBURN NY, NY 13021

Signing Officer

Name
Erica Ryan
Title
Executive Director
Phone
3152538451
Signed
2026-03-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Erica Ryan
Formed
1972
Legal Domicile
Ny
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
0

Preparer

Firm
Grossman St Amour Cpas Pllc
Address
110 WEST FAYETTE STREET SUITE 900, SYRACUSE, NY 13202
Preparer
Mark R Ciaralli CPA
Phone
3154241120
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

The process has not changed from the prior year. The board is responsible for the selection of an independent auditor.

Financial Statement Notes

PART X, LINE 2:

The organization evaluates all significant tax positions as required by accounting principles generally accepted in the united states of america. As of april 30, 2025, the organization does not believe that it has taken any tax positions that would require the recording of any additional tax liability nor does it believe that there are any unrealized tax benefits that would either, increase or decrease, within the next year. The organization's returns are subject to examination by taxing authorities for a period of three years from the date they are filed. It is the organization's policy to recognize any interest and penalties as expenses.

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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0154399
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0165374
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0203564
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0283295
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0208403
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01015035
IRS990ScheduleA/TotalSupportAmt01016321
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt030528
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0371972
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0402500
IRS990ScheduleD/EquipmentGrp/BookValueAmt08199
IRS990ScheduleD/EquipmentGrp/DepreciationAmt07501
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt015700
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd00
IRS990ScheduleD/LandGrp/BookValueAmt020000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt020000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt048193
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt14829
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0ASSETS LIMITED TO USE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt04829
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1109972
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO RELATED ENTITIES
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION EVALUATES ALL SIGNIFICANT TAX POSITIONS AS REQUIRED BY ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA. AS OF APRIL 30, 2025, THE ORGANIZATION DOES NOT BELIEVE THAT IT HAS TAKEN ANY TAX POSITIONS THAT WOULD REQUIRE THE RECORDING OF ANY ADDITIONAL TAX LIABILITY NOR DOES IT BELIEVE THAT THERE ARE ANY UNREALIZED TAX BENEFITS THAT WOULD EITHER, INCREASE OR DECREASE, WITHIN THE NEXT YEAR. THE ORGANIZATION'S RETURNS ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES FOR A PERIOD OF THREE YEARS FROM THE DATE THEY ARE FILED. IT IS THE ORGANIZATION'S POLICY TO RECOGNIZE ANY INTEREST AND PENALTIES AS EXPENSES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt058727
IRS990ScheduleD/TotalBookValueOtherAssetsAmt053022
IRS990ScheduleD/TotalLiabilityAmt0114801
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF DIRECTORS REVIEWS A COPY OF THE 990 AT A REGUARLY SCHEDULED BOARD MEETING BEFORE THE RETURN IS FILED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATIONS REVIEWS THE POLICY ON AN ONGOING BASIS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS ARE AVALIBLE TO THE PUBLIC UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION REVIEWS THIS POLICY ON AN ONGOING BASIS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. THE BOARD IS RESPONSIBLE FOR THE SELECTION OF AN INDEPENDENT AUDITOR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0CAYUGA COUNTY HOMSITE DEVELOPMENT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt1CAYUGA COUNTY HOMSITE DEVELOPMENT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0CAYUGA DEVELOPMENTS INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1HOMSITE HOLDING CO INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2CAYUGA COUNTY HOMSITE DEVELOMENT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0222544628
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1222544626
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN2160999976
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(4)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(2)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt2501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd2NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0TO PROVIDE COUNSELING, JOB TRAINING, RENTAL AND HOUSING ASSISTANCE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1TO PROVIDE COUNSELING, JOB TRAINING, RENTAL AND HOUSING ASSISTANCE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt2TO PROVIDE COUNSELING, JOB TRAINING, RENTAL AND HOUSING ASSISTANCE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt060 CLARK STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt160 CLARK STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt260 CLARK STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0AUBURN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1AUBURN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm2AUBURN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd2NE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd013021
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd113021
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd213021
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd01
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0200000
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0FMV
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0CAYUGA COUNTY HOMSITE DEVELOPMENT CORPORATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0P
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0444663
IRS990/TotalAssetsEOYAmt0406125
IRS990/TotalAssetsGrp/BOYAmt0444663
IRS990/TotalAssetsGrp/EOYAmt0406125
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0148695
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0200025

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