HOMESTEAD COMMUNITY LAND TRUST: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- HOMESTEAD COMMUNITY LAND TRUST (EIN 91-1565651)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-10-23
- IRS object ID
- 202442979349300824
- Schema version
- 2023v5.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-10-23T08:30:29-05:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 910189318 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MOSS ADAMS LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2219 RIMLAND DRIVE SUITE 215 | AddressLine1Txt |
| City | BELLINGHAM | CityNm |
| State Abbreviation | WA | StateAbbreviationCd |
| ZIP | 982266641 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 911565651 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HOMESTEAD COMMUNITY LAND TRUST | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | HOME | BusinessNameControlTxt |
| Phone | 2063231227 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 412 MAYNARD AVE S 201 | AddressLine1Txt |
| City | SEATTLE | CityNm |
| State Abbreviation | WA | StateAbbreviationCd |
| ZIP | 98104 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KATHLEEN HOSFELD | PersonNm |
| Person Title | EXECUTIVE DIRECTOR | PersonTitleTxt |
| Phone | 2063231227 | PhoneNum |
| Signature | 2024-10-22 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | EMINA O CRESSWELL CPA | PreparerPersonNm |
| PTIN | P01217304 | PTIN |
| Phone | 3606761920 | PhoneNum |
| Preparation | 2024-10-17 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | KATHLEEN HOSFELD | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 412 MAYNARD AVE S 201 | AddressLine1Txt |
| City | SEATTLE | CityNm |
| State Abbreviation | WA | StateAbbreviationCd |
| ZIP | 98104 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $22,426,051 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.HOMESTEADCLT.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1992 | FormationYr |
| Legal Domicile State | WA | LegalDomicileStateCd |
| Activity Or Mission | HOUSING JUSTICE, CLIMATE EQUITY THROUGH AFFORDABLE, SUSTAINABLE HOMEOWNERSHIP | ActivityOrMissionDesc |
| Voting Members Governing Body | 13 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 13 | VotingMembersIndependentCnt |
| Total Employee | 12 | TotalEmployeeCnt |
| Total Volunteers | 46 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $1,918,172 | PYContributionsGrantsAmt |
| CY Contributions Grants | $20,217,422 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $9,150,024 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $1,211,567 | CYProgramServiceRevenueAmt |
| PY Investment Income | $187 | PYInvestmentIncomeAmt |
| CY Investment Income | $117,786 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$7,037 | PYOtherRevenueAmt |
| CY Other Revenue | $580,200 | CYOtherRevenueAmt |
| PY Total Revenue | $11,061,346 | PYTotalRevenueAmt |
| CY Total Revenue | $22,126,975 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $725,055 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $903,407 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $117,371 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $10,220,625 | PYOtherExpensesAmt |
| CY Other Expenses | $2,874,174 | CYOtherExpensesAmt |
| PY Total Expenses | $10,945,680 | PYTotalExpensesAmt |
| CY Total Expenses | $3,777,581 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $115,666 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $18,349,394 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $24,071,925 | TotalAssetsBOYAmt |
| Total Assets EOY | $50,235,057 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $9,970,751 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $17,433,337 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $14,101,174 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $32,801,720 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | HOMESTEAD CLT DEVELOPS LAND AND HOUSING IN TRUST THAT GIVES LOWER-INCOME HOUSEHOLDS THE OPPORTUNITY TO OWN A HOME THAT IS AFFORDABLE TO THEM AND REMAINS AFFORDABLE TO FUTURE OWNERS. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $3,027,969 | ExpenseAmt |
| Revenue | $1,211,567 | RevenueAmt |
| Desc | WITH 30+ YEARS' SERVICE TO KING COUNTY, HOMESTEAD COMBINES HOUSING DEVELOPMENT WITH BUYER AND OWNER SUPPORT TO GROW AND PRESERVE AN INVENTORY OF PERMANENTLY AFFORDABLE HOMES AND SUCCESSFUL HOMEOWNERS. EVERY HOME IN TRUST IS SOLD AT AN AFFORDABLE PRICE TO AN INCOME-QUALIFIED HOUSEHOLD AND IS KEPT AFFORDABLE TO ALL FUTURE BUYERS. OUR HOMES PUT THE FINANCIAL, SOCIAL, HEALTH AND ECONOMIC MOBILITY BENEFITS OF OWNERSHIP WITHIN REACH OF THOSE SHUT OUT OF OWNERSHIP BY OUR HIGH-COST MARKET, AND/OR THE LEGACY OF SYSTEMIC HOUSING INEQUITIES. AS A RESULT, OWNERS ARE PLACED ON A PATH TO WEALTH BUILDING AND STABILITY. BY CONSTRUCTING WITH A HIGH ENVIRONMENTAL STANDARD, WE CREATE HOUSING AND CLIMATE EQUITY FOR THESE LOWER-INCOME HOMEOWNERS. THROUGH PARTNERSHIPS WITH PRIVATE DONORS AND PUBLIC AGENCIES, HOMESTEAD IDENTIFIED A PIPELINE OF 181 MORE HOMES TO BUILD OVER THE NEXT FIVE YEARS, ON SURPLUS AND DONATED LAND. IT WAS IN ACTIVE PREDEVELOPMENT ON THREE PROJECTS WITH CONSTRUCTION TO BEGIN IN 2022 AND 2023. BY YEAR END, HOMESTEAD HELD 246 HOMES IN TRUST, AND HAD CREATED OVER 317 FIRST TIME HOMEBUYING OPPORTUNITIES FOR INCOME-QUALIFIED HOUSEHOLDS. BY REMOVING HOMES FROM THE SPECULATIVE MARKET AND HOLDING THEM IN TRUST IN PERPETUITY, HOMESTEAD IS CREATING AN ALTERNATE, AFFORDABLE ECONOMY FOR HOUSING. | Desc |
| Total Program Service Expenses | $3,027,969 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | 0 | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 33 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 12 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 13 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 13 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | 0 | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | 0 | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | Yes (1) | InvestmentInJointVentureInd |
| Written Policy Or Procedure | Yes (1) | WrittenPolicyOrProcedureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KATHLEEN HOSFELD | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2063231227 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 412 MAYNARD AVE S | AddressLine1Txt |
| City | SEATTLE | CityNm |
| State Abbreviation | WA | StateAbbreviationCd |
| ZIP | 98104 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (17 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|
| KATHLEEN HOSFELD | ||||||
| EXECUTIVE DIRECTOR | 60.00 | Yes (X) | $139,515 | $0 | $0 | |
| BRIAN NEVILLE | ||||||
| INTERIM FINANCE DIRECTOR | 23.00 | Yes (X) | $40,062 | $0 | $0 | |
| MARTINA JAMBRICHOVA | ||||||
| FINANCE DIRECTOR | 36.00 | Yes (X) | $95,000 | $0 | $3,214 | Yes (X) |
| CHERYL JACKSON WILLIAMS | ||||||
| BOARD PRESIDENT | 3.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| REBECCA GOBEILLE | ||||||
| BOARD PRESIDENT (THRU 01/2023) | 3.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| PEARL NELSON | ||||||
| BOARD VICE PRESIDENT | 3.00 | Yes (X) | $0 | $0 | $0 | |
| JANELLE ROTHFOLK | ||||||
| BOARD SECRETARY | 3.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| ELI KAUFMAN | ||||||
| BOARD SECRETARY (THRU 01/2023) | 3.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| KEVIN SKINNER | ||||||
| BOARD TREASURER | 3.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| SUSAN ZEMAN | ||||||
| BOARD MEMBER | 3.00 | $0 | $0 | $0 | Yes (X) | |
| SHAVON JONES | ||||||
| BOARD MEMBER | 3.00 | $0 | $0 | $0 | Yes (X) | |
| FRANK ELIZONDO-ALCALA | ||||||
| BOARD MEMBER | 3.00 | $0 | $0 | $0 | Yes (X) | |
| EILEEN FRANZ | ||||||
| BOARD MEMBER | 3.00 | $0 | $0 | $0 | Yes (X) | |
| CHANTE HOUSTON | ||||||
| BOARD MEMBER | 3.00 | $0 | $0 | $0 | Yes (X) | |
| REBECCA LANE | ||||||
| BOARD MEMBER | 3.00 | $0 | $0 | $0 | Yes (X) | |
| CHANDLER GAYTON | ||||||
| BOARD MEMBER | 3.00 | $0 | $0 | $0 | Yes (X) | |
| JUANITA MCLAUGHLIN | ||||||
| BOARD MEMBER (THRU 01/2023) | 3.00 | $0 | $0 | $0 | Yes (X) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $274,577 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $3,214 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 1 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | 0 | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| EDGE COMMUNITY BUILDERS | |||||
| 1225 S WELLER STREET SUITE 550 | SEATTLE | WA | 98144 | GENERAL CONTRACTOR | $6,211,382 |
| SUNERGY SYSTEMS INC | |||||
| 4546 LEARY WAY NW | SEATTLE | WA | 98107 | SOLAR ENERGY SYSTEM SERVICE | $300,000 |
| EDGE DEVELOPERS LLC | |||||
| 1225 S WELLER STREET SUITE 550 | SEATTLE | WA | 98144 | DEVELOPER | $200,023 |
| HOSFELD AND ASSOCIATES | |||||
| 4420 SW LANDER STREET | SEATTLE | WA | 98116 | EXECUTIVE DIRECTOR | $139,515 |
| SCHEMATA WORKSHOP INC | |||||
| 1720 12TH AVENUE | SEATTLE | WA | 98122 | ARCHITECT | $135,346 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 7 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $79,480 | FundraisingAmt |
| All Other Contributions | $20,137,942 | AllOtherContributionsAmt |
| Noncash Contributions | $9,523,428 | NoncashContributionsAmt |
| Total Contributions | $20,217,422 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| PROJECT HOME SALES | 531390 | $785,000 | $785,000 |
| PROJECT FUNDING | 531390 | $191,677 | $191,677 |
| FEES | 531390 | $147,715 | $147,715 |
| MANAGEMENT REVENUE | 531390 | $84,000 | $84,000 |
| ACCOUNTING SERVICES | 531390 | $2,400 | $2,400 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $775 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $775 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $1,211,567 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $117,786 | TotalRevenueColumnAmt |
| Exclusion | $117,786 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $810,153 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $186,426 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $623,727 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $623,727 | TotalRevenueColumnAmt |
| Exclusion | $623,727 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $49,843 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $79,480 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $112,650 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$62,807 | TotalRevenueColumnAmt |
| Exclusion | -$62,807 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISCELLANEOUS | Desc |
| Business | 900001 | BusinessCd |
| Total Revenue Column | $19,280 | TotalRevenueColumnAmt |
| Exclusion | $19,280 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $19,280 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $22,126,975 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,211,567 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $697,986 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $277,791 | TotalAmt |
| Program Services | $205,565 | ProgramServicesAmt |
| Management And General | $52,780 | ManagementAndGeneralAmt |
| Fundraising | $19,446 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $504,579 | TotalAmt |
| Program Services | $373,388 | ProgramServicesAmt |
| Management And General | $95,870 | ManagementAndGeneralAmt |
| Fundraising | $35,321 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,900 | TotalAmt |
| Program Services | $1,406 | ProgramServicesAmt |
| Management And General | $361 | ManagementAndGeneralAmt |
| Fundraising | $133 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $69,254 | TotalAmt |
| Program Services | $51,248 | ProgramServicesAmt |
| Management And General | $13,158 | ManagementAndGeneralAmt |
| Fundraising | $4,848 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $49,883 | TotalAmt |
| Program Services | $36,913 | ProgramServicesAmt |
| Management And General | $9,478 | ManagementAndGeneralAmt |
| Fundraising | $3,492 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,451 | TotalAmt |
| Program Services | $17,354 | ProgramServicesAmt |
| Management And General | $4,456 | ManagementAndGeneralAmt |
| Fundraising | $1,641 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,331 | TotalAmt |
| Program Services | $17,265 | ProgramServicesAmt |
| Management And General | $4,433 | ManagementAndGeneralAmt |
| Fundraising | $1,633 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $65,289 | TotalAmt |
| Program Services | $48,314 | ProgramServicesAmt |
| Management And General | $12,405 | ManagementAndGeneralAmt |
| Fundraising | $4,570 | FundraisingAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,499 | TotalAmt |
| Program Services | $17,389 | ProgramServicesAmt |
| Management And General | $4,465 | ManagementAndGeneralAmt |
| Fundraising | $1,645 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,529 | TotalAmt |
| Program Services | $6,311 | ProgramServicesAmt |
| Management And General | $1,621 | ManagementAndGeneralAmt |
| Fundraising | $597 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $102,473 | TotalAmt |
| Program Services | $75,830 | ProgramServicesAmt |
| Management And General | $19,470 | ManagementAndGeneralAmt |
| Fundraising | $7,173 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $38,200 | TotalAmt |
| Program Services | $28,268 | ProgramServicesAmt |
| Management And General | $7,258 | ManagementAndGeneralAmt |
| Fundraising | $2,674 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $57,841 | TotalAmt |
| Program Services | $42,802 | ProgramServicesAmt |
| Management And General | $10,990 | ManagementAndGeneralAmt |
| Fundraising | $4,049 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,564 | TotalAmt |
| Program Services | $1,897 | ProgramServicesAmt |
| Management And General | $487 | ManagementAndGeneralAmt |
| Fundraising | $180 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,681 | TotalAmt |
| Program Services | $11,604 | ProgramServicesAmt |
| Management And General | $2,979 | ManagementAndGeneralAmt |
| Fundraising | $1,098 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $194,485 | TotalAmt |
| Program Services | $143,919 | ProgramServicesAmt |
| Management And General | $36,952 | ManagementAndGeneralAmt |
| Fundraising | $13,614 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $20,217 | TotalAmt |
| Program Services | $14,961 | ProgramServicesAmt |
| Management And General | $3,841 | ManagementAndGeneralAmt |
| Fundraising | $1,415 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| COST OF HOMES SOLD | $1,924,970 | $1,924,970 | ||
| CONTRIBUTION EXPENSE | $351,171 | $351,171 | ||
| FUNDRAISING EXPENSES | $13,818 | $13,818 | ||
| PROGRAM EXPENSES | $8,310 | $8,310 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $345 | TotalAmt |
| Program Services | $255 | ProgramServicesAmt |
| Management And General | $66 | ManagementAndGeneralAmt |
| Fundraising | $24 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,777,581 | TotalAmt |
| Program Services | $3,027,969 | ProgramServicesAmt |
| Management And General | $632,241 | ManagementAndGeneralAmt |
| Fundraising | $117,371 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,888,536 | BOYAmt |
| EOY | $1,638,634 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $695 | BOYAmt |
| EOY | $696 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $628,000 | BOYAmt |
| EOY | $135,750 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,334 | BOYAmt |
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,000 | BOYAmt |
| EOY | $73,500 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $26,642,665 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $202,227 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,494,138 | BOYAmt |
| EOY | $26,440,438 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $9,641,021 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,054,222 | BOYAmt |
| EOY | $12,305,018 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,071,925 | BOYAmt |
| EOY | $50,235,057 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $971,243 | BOYAmt |
| EOY | $947,662 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $136,389 | BOYAmt |
| EOY | $157,031 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,863,119 | BOYAmt |
| EOY | $16,328,644 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,970,751 | BOYAmt |
| EOY | $17,433,337 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,524,174 | BOYAmt |
| EOY | $30,119,720 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,577,000 | BOYAmt |
| EOY | $2,682,000 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,101,174 | BOYAmt |
| EOY | $32,801,720 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,071,925 | BOYAmt |
| EOY | $50,235,057 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $18,349,394 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $351,152 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,372,766 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,096,885 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $679,274 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,918,172 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $20,217,422 | CurrentTaxYearAmt |
| Total | $25,284,519 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,372,766 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,096,885 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $679,274 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,918,172 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $20,217,422 | CurrentTaxYearAmt |
| Total | $25,284,519 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $2,639,635 | SubstantialContributorsTotAmt |
| Public Support Total170 | $22,644,884 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $145 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $41 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $187 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $927,939 | CurrentTaxYearAmt |
| Total | $928,313 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $722 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,983 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,588 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $19,280 | CurrentTaxYearAmt |
| Total | $23,573 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $26,236,405 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $16,199,874 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.86310 | PublicSupportCY170Pct |
| Public Support PY170 | 0.62240 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: | FormAndLineReferenceDesc |
| Explanation | MISCELLANEOUS INCOME - 2019 AMOUNT: $ 0. 2020 AMOUNT: $ 722. 2021 AMOUNT: $ 1,983. 2022 AMOUNT: $ 1,588. 2023 AMOUNT: $ 19,280. | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agent Trustee Etc | 0 | AgentTrusteeEtcInd |
| Incl Escrow Custodial Acct Liab | Yes (1) | InclEscrowCustodialAcctLiabInd |
| Explanation Provided | Yes (X) | ExplanationProvidedInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $20,943,048 | OtherCostOrOtherBasisAmt |
| Book Value | $20,943,048 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $5,602,235 | OtherCostOrOtherBasisAmt |
| Depreciation | $198,772 | DepreciationAmt |
| Book Value | $5,403,463 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $97,382 | OtherCostOrOtherBasisAmt |
| Depreciation | $3,455 | DepreciationAmt |
| Book Value | $93,927 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $26,440,438 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PROJECTS IN DEVELOPMENT | Desc |
| Book Value | $12,305,018 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $12,305,018 | TotalBookValueOtherAssetsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART IV, LINE 2B: | CASH HELD IN RESERVE FOR HOMES ON HOA IS COMPOSED OF AMOUNTS HELD BY HOMESTEAD FOR A HOMEOWNER'S ASSOCIATION THAT GOVERNS SOME OF THE LAND HOMESTEAD OWNS. |
| PART X, LINE 2: | THE INTERNAL REVENUE SERVICE HAS RECOGNIZED HOMESTEAD AS EXEMPT FROM FEDERAL INCOME TAXES UNDER PROVISION OF SECTION 501(A) OF THE INTERNAL REVENUE CODE AS AN ENTITY DESCRIBED IN SECTION 501(C)(3) AND NOT AS A PRIVATE FOUNDATION. THEREFORE, NO PROVISION FOR FEDERAL INCOME TAXES HAS BEEN MADE IN THE FINANCIAL STATEMENTS. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | HENRY LOUIS GATES EVENT | Event1Nm |
| Gross Receipts Event1 | $129,323 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $79,480 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $49,843 | GrossRevenueEvent1Amt |
| Cash Prizes Event1 | $1,000 | CashPrizesEvent1Amt |
| Non Cash Prizes Event1 | $375 | NonCashPrizesEvent1Amt |
| Rent Facility Costs Event1 | $7,331 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $6,817 | FoodAndBeverageEvent1Amt |
| Entertainment Event1 | $63,204 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $33,923 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $129,323 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $79,480 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $49,843 | GrossRevenueTotalEventsAmt |
| Cash Prizes Total Events | $1,000 | CashPrizesTotalEventsAmt |
| Non Cash Prizes Total Events | $375 | NonCashPrizesTotalEventsAmt |
| Rent Fclty Costs Total Events | $7,331 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $6,817 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $63,204 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $33,923 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $112,650 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$62,807 | NetIncomeSummaryAmt |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $24,423 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
Secur Prtnrshp Trust Intrsts SecurPrtnrshpTrustIntrstsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $7,023,428 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | BOOK EQUITY | MethodOfDeterminingRevenuesTxt |
Real Estate Commercial RealEstateCommercialGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $2,500,000 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | APPRAISAL | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, COLUMN (B): | FormAndLineReferenceDesc |
| Explanation | NUMBER OF CONTRIBUTIONS | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | MEMBERS ELECT THE BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE BOARD AND MEMBERS MUST APPROVE BYLAW CHANGES, SELLING ASSETS, AND CHANGING RESELL FORMULAS AND DUES. |
| FORM 990, PART VI, SECTION A, LINE 7B | THE BOARD AND MEMBERS MUST APPROVE BYLAW CHANGES, SELLING ASSETS, AND CHANGING RESELL FORMULAS AND DUES. |
| FORM 990, PART VI, SECTION A, LINE 8B | NO COMMITTEES HAVE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE EXECUTIVE DIRECTOR, FINANCE MANAGER, OFFICE MANAGER AND BOARD TREASURER REVIEW THE PREPARED 990 FOR ACCURACY. THE RETURN IS THEN CIRCULATED TO THE FULL BOARD FOR THEIR REVIEW BEFORE ITS SUBMISSION. |
| FORM 990, PART VI, SECTION B, LINE 12C | ALL BOARD MEMBERS, BOARD COMMITTEE MEMBERS, STAFF MEMBERS AND ANY OTHER KEY VOLUNTEERS ARE REQUIRED TO SIGN CONFLICT OF INTEREST POLICIES. THE BOARD OVERSEES ANY POTENTIAL CONFLICTS WITH BOARD MEMBERS. THE EXECUTIVE DIRECTOR OVERSEES CONFLICTS OF INTEREST AFFECTING STAFF OR KEY VOLUNTEERS. ALL POTENTIAL CONFLICTS ARE BROUGHT BEFORE THE BOARD FOR DELIBERATION. |
| FORM 990, PART VI, SECTION B, LINE 15A | THE BOARD PERIODICALLY REVIEWS PUBLISHED SALARY INFORMATION, DOCUMENTS THE DELIBERATION IN BOARD MINUTES, AND APPROVES COMPENSATION BASED ON COMPARABLE DATA. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION'S ARTICLES OF INCORPORATION, BYLAWS, AND OTHER GOVERNING DOCUMENTS ARE AVAILABLE ON OUR WEBSITE. OTHER DOCUMENTS ARE PROVIDED UPON REQUEST. |
| FORM 990, PART XI, LINE 9: | NET ASSETS ATTRIBUTABLE TO NON-CONTROLLING INTEREST 367,317. CHANGE IN NET ASSETS ATTRIBUTABLE TO NON-CONTROLLING INTEREST -16,165. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt |
|---|---|---|---|---|---|---|---|---|---|
| HOMESTEAD REBUILDING COMMUNITIES LLC | |||||||||
| 412 MAYNARD AVE S STE 201 | SEATTLE | WA | 98104 | 455180363 | RENOVATE DISTRESSED PROPERTIES | WA | HOMESTEAD COMMUNITY LAND TRUST | ||
| COLUMBIA 26 LLC | |||||||||
| 412 MAYNARD AVE S STE 201 | SEATTLE | WA | 98104 | 273621947 | DEVELOP AND REHABILITATE AFFORDABLE HOUSING | WA | HOMESTEAD COMMUNITY LAND TRUST | ||
| WILLOWCREST AFFORDABLE TOWNHOMES LLC | |||||||||
| 412 MAYNARD AVE S STE 201 | SEATTLE | WA | 98104 | 850511473 | DEVELOP AND REHABILITATE AFFORDABLE HOUSING | WA | HOMESTEAD COMMUNITY LAND TRUST | ||
| BENSON EAST LLC | |||||||||
| PO BOX 5981 | KENT | WA | 98064 | 460474983 | DEVELOP AND REHABILITATE AFFORDABLE HOUSING | WA | HOMESTEAD COMMUNITY LAND TRUST | $810,513 | $8,146,715 |
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | YAKIMA AVENUE DEVELOPMENT PARTNERS LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 412 MAYNARD AVE S STE 201 | AddressLine1Txt |
| City | SEATTLE | CityNm |
| State Abbreviation | WA | StateAbbreviationCd |
| ZIP | 98104 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 851116031 | EIN |
| Primary Activities | REAL ESTATE DEVELOPMENT | PrimaryActivitiesTxt |
| Legal Domicile State | WA | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CONTROL OVER THE LLC IS SHARED BETWEEN THE TWO OWNERS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Predominant Income Type | RELATED | PredominantIncomeTypeTxt |
| Disproportionate Allocations | 0 | DisproportionateAllocationsInd |
| General Or Managing Partner | 0 | GeneralOrManagingPartnerInd |
| Ownership | 0.50000 | OwnershipPct |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Comments