Civic Intelligence

Homes for Laurel Inc C/O Homes for America Inc

990 • Fiscal year 2016 • EIN 52-2258799

Apr 01, 2015 to Mar 31, 2016 • Filed on Jan 26, 2017

Organization Profilewww.homesforamerica.org
318 SIXTH ST No STE 2Annapolis, MD 21403-2566

(410) 269-1222

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

95th percentile

1.29x

Higher debt load relative to assets than 95% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

98th percentile

13.51x

Higher debt load relative to revenue than 98% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

6th percentile

-61%

Higher net margin than 6% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

94th percentile

$307,370

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 200.7% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

33rd percentile

-2.4%

Faster asset growth than 33% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

43rd percentile

0.4%

Faster revenue growth than 43% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets95th percentile

Assets

Down

$1,601,728

Down $39,588 (-2.4%) from 2015

Net Assets

Down

-$466,203

Down $93,699 (-25%) from 2015

Liabilities

Up

$2,067,931

Up $54,111 (+2.7%) from 2015

Revenue And Expenses
Liabilities / Revenue98th percentileNet Margin6th percentile

Revenue

Up

$153,119

Up $590 (+0.4%) from 2015

Expenses

Up

$246,818

Up $47,653 (+24%) from 2015

Net Income

Down

-$93,699

Down $47,063 (-101%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth33rd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0-$1.0MAssets 2012: $1,749,877Liabilities 2012: $2,013,323Net Assets 2012: -$263,4462012Assets 2013: $1,716,827Liabilities 2013: $2,014,722Net Assets 2013: -$297,8952013Assets 2014: $1,689,546Liabilities 2014: $2,015,414Net Assets 2014: -$325,8682014Assets 2015: $1,641,316Liabilities 2015: $2,013,820Net Assets 2015: -$372,5042015Assets 2016: $1,601,728Liabilities 2016: $2,067,931Net Assets 2016: -$466,2032016Assets 2017: $1,508,685Liabilities 2017: $2,020,514Net Assets 2017: -$511,8292017Assets 2018: $1,457,256Liabilities 2018: $2,018,553Net Assets 2018: -$561,2972018Assets 2019: $1,419,582Liabilities 2019: $2,015,134Net Assets 2019: -$595,5522019Assets 2020: $1,389,875Liabilities 2020: $2,029,397Net Assets 2020: -$639,5222020Assets 2021: $1,352,909Liabilities 2021: $2,021,303Net Assets 2021: -$668,3942021Assets 2022: $1,309,387Liabilities 2022: $2,032,052Net Assets 2022: -$722,6652022Assets 2023: $1,248,093Liabilities 2023: $2,039,023Net Assets 2023: -$790,9302023Assets 2024: $1,190,236Liabilities 2024: $2,019,943Net Assets 2024: -$829,7072024Assets 2025: $1,164,711Liabilities 2025: $2,038,125Net Assets 2025: -$873,4142025

Highlighted filing

2016

Assets$1,601,728
Liabilities$2,067,931
Net Assets-$466,203
Open 2016 Filing

Operations Trend

Revenue Growth43rd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$300K$200K$100K$0-$100KRevenue 2012: $153,967Expenses 2012: $177,528Net Income 2012: -$23,5612012Revenue 2013: $150,452Expenses 2013: $184,901Net Income 2013: -$34,4492013Revenue 2014: $153,558Expenses 2014: $181,531Net Income 2014: -$27,9732014Revenue 2015: $152,529Expenses 2015: $199,165Net Income 2015: -$46,6362015Revenue 2016: $153,119Expenses 2016: $246,818Net Income 2016: -$93,6992016Revenue 2017: $152,490Expenses 2017: $198,116Net Income 2017: -$45,6262017Revenue 2018: $150,514Expenses 2018: $199,982Net Income 2018: -$49,4682018Revenue 2019: $157,914Expenses 2019: $192,169Net Income 2019: -$34,2552019Revenue 2020: $167,312Expenses 2020: $211,282Net Income 2020: -$43,9702020Revenue 2021: $174,520Expenses 2021: $203,392Net Income 2021: -$28,8722021Revenue 2022: $187,093Expenses 2022: $241,364Net Income 2022: -$54,2712022Revenue 2023: $183,750Expenses 2023: $252,015Net Income 2023: -$68,2652023Revenue 2024: $184,441Expenses 2024: $223,218Net Income 2024: -$38,7772024Revenue 2025: $190,051Expenses 2025: $233,758Net Income 2025: -$43,7072025

Highlighted filing

2016

Revenue$153,119
Expenses$246,818
Net Income-$93,699
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Apr 1, 2015 to Mar 31, 2016
Signed
Jan 26, 2017
Return Version
2015v3.0
Gross Receipts
$153,119
Mission and Program Overview

Mission

Homes for laurel, inc. Was incorporated for the purpose of developing and preserving housing for low income and moderate income elderly.

Please see schedule ohomes for laurel, inc. Was incorporated for the purpose of developing and preserving housing for low income and moderate income elderly.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,426,824$1,379,127▼ $47,697
Cash and Non-Interest-Bearing Accounts$555$5,127▲ $4,572
Prepaid Expenses and Deferred Charges$4,745$4,681▼ $64
Accounts Receivable$474--
Total Assets$1,641,316$1,601,728▼ $39,588
Other Assets Total$208,718$212,793▲ $4,075
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,942,916$1,942,916→ $0
Other Liabilities$66,138$66,710▲ $572
Accounts Payable and Accrued Expenses$4,766$58,305▲ $53,539
Total Liabilities$2,013,820$2,067,931▲ $54,111
Net Assets / Fund Balance
Unrestricted Net Assets$-372,504$-466,203▼ $93,699
Total Net Assets Fund Balance$-372,504$-466,203▼ $93,699
Total Liabilities and Net Assets / Fund Balance$1,641,316$1,601,728▼ $39,588

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,329,127$578,777$1,907,904
Land$50,000-$50,000
Other Assets Org$9,275--
Compensation and Service Providers
Top Officer Pay94th percentile

Employees

NameTitleOtherTotal
Kathy Ebner Eff 7-6-16DIRECTOR (non-voting)$126,044$126,044
Trudy McfallDIRECTOR (non-voting)$53,504$53,504
paula sampson 11-1-15 - 7-5-16DIRECTOR (non-voting)$48,750$48,750

Board Members and Trustees

NameTitle
Michael BodakenPresident & Director
Sharon Dworkin BellVice president & Director
Ardath M CadeDirector
Bernard TetreaultDirector
Charles EdsonDirector
NANCY RASE thru 10-31-15DIRECTOR (non-voting)
Mary E RowlandSecretary & Director
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$153,031
Investment Income
$88
Other Revenue
$0
Change in Net Assets
$-93,699

Audited Revenue Reconciliation

Revenue per Audited Statements
$153,119
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$153,119
Total Revenue per Form 990
$153,119
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$246,818
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
Depreciation Depletion$47,697--$47,697
Other Expenses$21,077--$21,077
Fees for Services Management-$11,012-$11,012
All Other Expenses$10,019--$10,019
Fees for Services Accounting-$7,882-$7,882
Office Expenses$6,700--$6,700
Insurance$3,168--$3,168
Advertising$401--$401
Fees for Services Legal$20--$20
Total Functional Expenses$227,924$18,894$0$246,818

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$246,818
Total Expenses per Audited Statements$246,818
Total Expenses per Form 990$246,818
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Advance From Affiliate -hfa$54,427
Tenant Security Deposit$6,142
Accrued Expenses - Other$3,660
Accrued Management Fees$992
Accrued Payroll$899
Prepaid Revenue$405
Unclaimed Property$185
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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 11

“A draft of form 990 is reviewed & authorized by a member of the board of directors prior to filing with the irs.”

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

“The written conflict of interest policy is discussed at the annual meeting and all officers and directors sign a statement acknowledging the policy.”

Form 990, Part VI, Section C, line 19

“the organization's governing documents and policies are available for public inspection at the organization's office during regular business hours upon request.”

Filing and Contact Details

Filer

Filer Name
Homes for Laurel Inc
EIN
52-2258799
Phone
4102691222
Address
318 SIXTH ST No STE 2, ANNAPOLIS, MD 21403-2566

Signing Officer

Name
Kathy Ebner
Title
VICE president
Phone
4102691222
Signed
2017-01-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kathy Ebner
Formed
2000
Legal Domicile
Md
Voting Board Members
8
Independent Board Members
6
Employees
0
Volunteers
0

Preparer

Firm
Cohnreznick Llp
Address
500 EAST PRATT STREET 4TH FLOOR, BALTIMORE, MD 21202
Preparer
Damien Nickle CPA
Phone
4107834900
Supplemental Narrative

Financial Statement Notes

Part X, Line 2:

“fin 48 disclosure The Organization has applied for and received a determination letter from the Internal Revenue Service ("IRS") to be treated as a tax exempt entity pursuant to Section 501(c)(3) of the Internal Revenue Code and did not have any unrelated business income for the year ended March 31, 2016. Due to its tax exempt status, the Organization is not subject to income taxes. The Organization is required to file and does file tax returns with the IRS and other taxing authorities. Accordingly, these financial statements do not reflect a provision for income taxes and the Organization has no other tax positions which must be considered for disclosure. Income tax returns filed by the Organization are subject to examination by the Internal Revenue Service for a period of three years. While no income tax returns are currently being examined by the Internal Revenue Service, tax years since 2013 remain open.”

Raw XML AppendixShowing 400 of 579 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.

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IRS990/Desc021 Units of housing serving senior citizens under Section 202 of The Federal Housing Act of 1959. Services, in addition to housing, include weekly continental breakfast, mobile grocery store, meals on wheels, food delivery, on-site bus stop, computer lab, diabetic clinic, wellness education opportunities, walking club and lending library. A variety of social programs are also provided, which include BINGO, seasonal luncheons, brunches, and cookouts, exercise instruction, and transportation to The Laurel Senior Center Monday through Friday.
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IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR (non-voting)
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IRS990/Form990PartVIISectionAGrp/TitleTxt5Vice president & Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
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IRS990/OtherExpensesGrp/TotalAmt236682
IRS990/OtherExpensesGrp/TotalAmt321077
IRS990/OtherLiabilitiesGrp/BOYAmt066138
IRS990/OtherLiabilitiesGrp/EOYAmt066710
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04745
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt04681
IRS990/PrincipalOfficerNm0KATHY EBNER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc1OTHER INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0150531
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt12500
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0150531
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12500
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt096
IRS990/PYOtherExpensesAmt0199165
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0152433
IRS990/PYRevenuesLessExpensesAmt0-46636
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0199165
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0152529
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-93699
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0153031
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt088
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt096
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0101
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0188
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt069
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0542
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0153031
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0152433
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0153457
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0150264
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0153898
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0763083
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt088
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt096
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0101
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0188
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt069
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0542
IRS990ScheduleA/InvestmentIncomeCYPct00.00070
IRS990ScheduleA/InvestmentIncomePYPct00.00100
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99930
IRS990ScheduleA/PublicSupportPY509Pct00.99900
IRS990ScheduleA/PublicSupportTotal509Amt0763083
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0153031
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0152433
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0153457
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0150264
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0153898
IRS990ScheduleA/Total509Grp/TotalAmt0763083
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0153119
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0152529
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0153558
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0150452
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0153967
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0763625
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01329127
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0578777
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01907904
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0246818
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt050000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt050000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt08357
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1195161
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt29275
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0TENANT SECURITY DEPOSIT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1RESERVES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2ESCROW DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt06142
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt154427
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2992
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3405
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt4899
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt5185
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt63660
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSIT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ADVANCE FROM AFFILIATE -HFA
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2ACCRUED MANAGEMENT FEES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3PREPAID REVENUE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4ACCRUED PAYROLL
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc5UNCLAIMED PROPERTY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc6ACCRUED EXPENSES - OTHER
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0153119
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0fin 48 disclosure The Organization has applied for and received a determination letter from the Internal Revenue Service ("IRS") to be treated as a tax exempt entity pursuant to Section 501(c)(3) of the Internal Revenue Code and did not have any unrelated business income for the year ended March 31, 2016. Due to its tax exempt status, the Organization is not subject to income taxes. The Organization is required to file and does file tax returns with the IRS and other taxing authorities. Accordingly, these financial statements do not reflect a provision for income taxes and the Organization has no other tax positions which must be considered for disclosure. Income tax returns filed by the Organization are subject to examination by the Internal Revenue Service for a period of three years. While no income tax returns are currently being examined by the Internal Revenue Service, tax years since 2013 remain open.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01379127
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0212793
IRS990ScheduleD/TotalExpensesPerForm990Amt0246818
IRS990ScheduleD/TotalLiabilityAmt066710
IRS990ScheduleD/TotalRevenuePerForm990Amt0153119
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0153119
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0246818
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0274020
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt019181
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt014169
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0NANCY RASE thru 10-31-15
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0DIRECTOR (non-voting)
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0307370
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0THE REPORTABLE COMPENSATION FROM A RELATED ORGANIZATION IS BASED UPON APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE J - QUESTION 3
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A DRAFT OF FORM 990 IS REVIEWED & AUTHORIZED BY A MEMBER OF THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The written conflict of interest policy is discussed at the annual meeting and all officers and directors sign a statement acknowledging the policy.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2the organization's governing documents and policies are available for public inspection at the organization's office during regular business hours upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, line 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt0HOMES FOR AMERICA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt1HOMES FOR AMERICA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0521940646
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN1432035312
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt1C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0MD
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd1MD
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/OwnershipPct01.00000

Document Assets

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Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,601,728
Liabilities
$2,067,931
Net assets
-$466,203
Revenue
$153,119
Expenses
$246,818
Net income
-$93,699
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.16$2.04$0.87$0.19$0.23$0.04
2024Detailed filing. Detailed filing data is available for this year.$1.19$2.02$0.83$0.18$0.22$0.04
2023Detailed filing. Detailed filing data is available for this year.$1.25$2.04$0.79$0.18$0.25$0.07
2022Detailed filing. Detailed filing data is available for this year.$1.31$2.03$0.72$0.19$0.24$0.05
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.35$2.02$0.67$0.17$0.20$0.03
2020Detailed filing. Detailed filing data is available for this year.$1.39$2.03$0.64$0.17$0.21$0.04
2019Detailed filing. Detailed filing data is available for this year.$1.42$2.02$0.60$0.16$0.19$0.03
2018Detailed filing. Detailed filing data is available for this year.$1.46$2.02$0.56$0.15$0.20$0.05
2017Detailed filing. Detailed filing data is available for this year.$1.51$2.02$0.51$0.15$0.20$0.05
2016Detailed filing. Detailed filing data is available for this year.$1.60$2.07$0.47$0.15$0.25$0.09
2015Detailed filing. Detailed filing data is available for this year.$1.64$2.01$0.37$0.15$0.20$0.05
2014Detailed filing. Detailed filing data is available for this year.$1.69$2.02$0.33$0.15$0.18$0.03
2013Summary only. Only limited summary data is available for this year.$1.72$2.01$0.30$0.15$0.18$0.03
2012Summary only. Only limited summary data is available for this year.$1.75$2.01$0.26$0.15$0.18$0.02