Civic Intelligence

Hometown Apartments Inc

EIN 31-0992765 • 501(c)3 • Lagrange, KY

Profile

To provide housing to low income families

3001 Cedar Point RdLagrange, KY 40031

n/A

Siviq Scores

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

Liabilities / Assets

76th percentile

0.07x

Higher debt load relative to assets than 76% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

79th percentile

0.06x

Higher debt load relative to revenue than 79% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Net Margin

75th percentile

20%

Higher net margin than 75% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2025

Asset Growth

73rd percentile

15%

Faster asset growth than 73% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2025

Revenue Growth

54th percentile

2.1%

Faster revenue growth than 54% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2025

Balance Sheet
Liabilities / Assets76th percentile

Assets

Up

$145,569

Up $37,204 (+34%) from 2024

Liabilities

Up

$9,568

Up $3,149 (+49%) from 2024

Net Assets

Up

$136,001

Up $34,055 (+33%) from 2024

Operations
Liabilities / Revenue79th percentileNet Margin75th percentile

Revenue

Down

$167,644

Down $10,350 (-5.8%) from 2024

Expenses

Up

$133,589

Up $2,384 (+1.8%) from 2024

Net Income

Down

$34,055

Down $12,734 (-27%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth73rd percentile

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

$600K$400K$200K$0-$200KAssets 2011: $312,894Liabilities 2011: $447,952Net Assets 2011: -$135,0582011Assets 2012: $317,955Liabilities 2012: $427,162Net Assets 2012: -$109,2072012Assets 2013: $249,872Liabilities 2013: $404,771Net Assets 2013: -$154,8992013Assets 2014: $237,540Liabilities 2014: $390,042Net Assets 2014: -$152,5022014Assets 2015: $208,892Liabilities 2015: $352,472Net Assets 2015: -$143,5802015Assets 2016: $212,972Liabilities 2016: $326,486Net Assets 2016: -$113,5142016Assets 2017: $218,735Liabilities 2017: $305,557Net Assets 2017: -$86,8222017Assets 2018: $178,985Liabilities 2018: $258,803Net Assets 2018: -$79,8182018Assets 2019: $167,415Liabilities 2019: $229,813Net Assets 2019: -$62,3982019Assets 2020: $140,583Liabilities 2020: $174,915Net Assets 2020: -$34,3322020Assets 2021: $130,506Liabilities 2021: $131,482Net Assets 2021: -$9762021Assets 2022: $96,039Liabilities 2022: $85,516Net Assets 2022: $10,5232022Assets 2023: $75,030Liabilities 2023: $19,873Net Assets 2023: $55,1572023Assets 2024: $108,365Liabilities 2024: $6,419Net Assets 2024: $101,9462024Assets 2025: $145,569Liabilities 2025: $9,568Net Assets 2025: $136,0012025

Highlighted filing

2025

Assets$145,569
Liabilities$9,568
Net Assets$136,001
Open 2025 Filing

Operations Trend

Revenue Growth54th percentile

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

$200K$100K$0-$100KRevenue 2011: $153,056Expenses 2011: $135,936Net Income 2011: $17,1202011Revenue 2012: $156,454Expenses 2012: $130,603Net Income 2012: $25,8512012Revenue 2013: $150,733Expenses 2013: $196,425Net Income 2013: -$45,6922013Revenue 2014: $156,898Expenses 2014: $154,501Net Income 2014: $2,3972014Revenue 2015: $158,567Expenses 2015: $149,645Net Income 2015: $8,9222015Revenue 2016: $163,175Expenses 2016: $133,109Net Income 2016: $30,0662016Revenue 2017: $166,721Expenses 2017: $140,029Net Income 2017: $26,6922017Revenue 2018: $165,965Expenses 2018: $158,961Net Income 2018: $7,0042018Revenue 2019: $163,225Expenses 2019: $145,805Net Income 2019: $17,4202019Revenue 2020: $171,446Expenses 2020: $143,380Net Income 2020: $28,0662020Revenue 2021: $169,640Expenses 2021: $136,284Net Income 2021: $33,3562021Revenue 2022: $157,479Expenses 2022: $145,980Net Income 2022: $11,4992022Revenue 2023: $164,283Expenses 2023: $119,649Net Income 2023: $44,6342023Revenue 2024: $177,994Expenses 2024: $131,205Net Income 2024: $46,7892024Revenue 2025: $167,644Expenses 2025: $133,589Net Income 2025: $34,0552025

Highlighted filing

2025

Revenue$167,644
Expenses$133,589
Net Income$34,055
Open 2025 Filing

Filings

Most recent year

2025 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$145,569
Liabilities
$9,568
Net assets
$136,001
Revenue
$167,644
Expenses
$133,589
Net income
$34,055
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.46$0.10$1.36$1.68$1.34$0.34
2024Detailed filing. Detailed filing data is available for this year.$1.08$0.06$1.02$1.78$1.31$0.47
2023Detailed filing. Detailed filing data is available for this year.$0.75$0.20$0.55$1.64$1.20$0.45
2022Detailed filing. Detailed filing data is available for this year.$0.96$0.86$0.11$1.57$1.46$0.11
2021Detailed filing. Detailed filing data is available for this year.$1.31$1.31$0.01$1.70$1.36$0.33
2020Detailed filing. Detailed filing data is available for this year.$1.41$1.75$0.34$1.71$1.43$0.28
2019Detailed filing. Detailed filing data is available for this year.$1.67$2.30$0.62$1.63$1.46$0.17
2018Detailed filing. Detailed filing data is available for this year.$1.79$2.59$0.80$1.66$1.59$0.07
2017Detailed filing. Detailed filing data is available for this year.$2.19$3.06$0.87$1.67$1.40$0.27
2016Detailed filing. Detailed filing data is available for this year.$2.13$3.26$1.14$1.63$1.33$0.30
2015Detailed filing. Detailed filing data is available for this year.$2.09$3.52$1.44$1.59$1.50$0.09
2014Detailed filing. Detailed filing data is available for this year.$2.38$3.90$1.53$1.57$1.55$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.50$4.05$1.55$1.51$1.96$0.46
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.18$4.27$1.09$1.56$1.31$0.26
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.13$4.48$1.35$1.53$1.36$0.17
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2024 to Sep 30, 2025
Signed
Jan 15, 2026
Return Version
2024v5.0
Gross Receipts
$167,644
Mission and Program Overview

Mission

To provide housing to low income families

Program Services

DescriptionGrantsExpenses
HOUSING FOR QUALIFIED LOW INCOME FAMILIES-$116,301
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
GREGORY MAYESPresident-$0--
LEONARD DUNMANVice Preside-$0--
MICHAEL BAUGHMANSecretary/Tr-$0--
JOSHUA JOHNSONDirector-$0--
Filing and Contact Details

Filer

Filer Name
Hometown Apartments Inc
EIN
31-0992765
Phone
5024912422
Address
3001 CEDAR POINT RD, LAGRANGE, KY 40031

Signing Officer

Name
Gregory Mayes
Title
President
Phone
5024912422
Signed
2026-01-15
Discuss with paid preparer
Yes

Preparer

Firm
Miller Mayer Sullivan & Stevens Llp
Address
2365 HARRODSBURG RD STE A100, LEXINGTON, KY 40504
Preparer
Jennifer L Barton CPA
Phone
8592233095
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses administrative expenses 14,338 supplies 3,362 repairs and maintenance 26,861 insurance 13,842 utilities 23,701 management fee 9,772 total 91,876”

Form 990-ez, Part II, Line 24

“Accounts receivable 7,219 1,267 prepaid expenses and deferred charges 6,518 7,513 mortgage escrow 146 26 reserve for replacement 58,718 72,373 residual receipts 760 3,814 total 73,361 84,993”

Form 990-ez, Part II, Line 26

“Accounts payable and accrued expenses 5,534 9,351 prepaid revenue 885 217”

Raw XML Appendix152 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990EZ/AddressChangeInd0X
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IRS990EZ/BooksInCareOfDetail/PhoneNum05024912422
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0LAGRANGE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0KY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd040031
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt012504
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IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt034055
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt07516
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IRS990EZ/InfoInScheduleOPartIIInd0X
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IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
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IRS990EZ/NetAssetsOrFundBalancesEOYAmt0136001
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0101946
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0136001
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OperateHospitalInd0false
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IRS990EZ/OtherAssetsTotalDetail/EOYAmt084993
IRS990EZ/OtherExpensesTotalAmt091876
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IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE HOUSING TO LOW INCOME FAMILIES
IRS990EZ/ProgramServiceRevenueAmt0167616
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0HOUSING FOR QUALIFIED LOW INCOME FAMILIES
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0116301
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt034197
IRS990EZ/ScheduleBNotRequiredInd0X
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IRS990EZ/TotalRevenueAmt0167644
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
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IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0169640
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0837040
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADMINISTRATIVE EXPENSES 14,338 SUPPLIES 3,362 REPAIRS AND MAINTENANCE 26,861 INSURANCE 13,842 UTILITIES 23,701 MANAGEMENT FEE 9,772 TOTAL 91,876
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS RECEIVABLE 7,219 1,267 PREPAID EXPENSES AND DEFERRED CHARGES 6,518 7,513 MORTGAGE ESCROW 146 26 RESERVE FOR REPLACEMENT 58,718 72,373 RESIDUAL RECEIPTS 760 3,814 TOTAL 73,361 84,993
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 5,534 9,351 PREPAID REVENUE 885 217
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0GREGORY MAYES
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05024912422
ReturnHeader/BusinessOfficerGrp/SignatureDt02026-01-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HOMETOWN APARTMENTS INC
ReturnHeader/Filer/BusinessNameControlTxt0HOME
ReturnHeader/Filer/EIN0310992765
ReturnHeader/Filer/PhoneNum05024912422
ReturnHeader/Filer/USAddress/AddressLine1Txt03001 CEDAR POINT RD
ReturnHeader/Filer/USAddress/CityNm0LAGRANGE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KY
ReturnHeader/Filer/USAddress/ZIPCd040031
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0610866166
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MILLER MAYER SULLIVAN & STEVENS LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02365 HARRODSBURG RD STE A100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LEXINGTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd040504
ReturnHeader/PreparerPersonGrp/PhoneNum08592233095
ReturnHeader/PreparerPersonGrp/PreparationDt02026-01-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JENNIFER L BARTON CPA
ReturnHeader/ReturnTs02026-02-11T18:17:39-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-10-01
ReturnHeader/TaxPeriodEndDt02025-09-30
ReturnHeader/TaxYr02024

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