EIN 38-4098155

Equity Homes

IRS 501(c) type
501(c)(3)
Num. employees
10
Year formed
2019
Most recent tax filings
2022-12-01
NTEE code, primary
Description
Equity Homes is a private foundation located in Saint Louis, MO. Its purpose is to acquire, construct, rehabilitate, demolition, develop and/or sell property to combat deterioration. Last year it made three grants, including to Community Impact Network.
Total revenues
$6,850,869
2022
Total expenses
$6,139,367
2022
Total assets
$7,696,712
2022
Num. employees
10
2022

Program areas at Equity Homes

Subsidize infrastructure and incentives for development in the construction and sale of 23 newly constructed Homes for sale to persons with incomes less that 140% of ami
Complete and sell five catalytic rehab projects and do rehab work on 3 Homes to reinforce neighborhood stabiity and attract new residents that bring economic diversity to the community.
Demolished 42 abandoned buildings and cleared 28 vacant lots in areas that have experienced systemic racism, disinvestment and depopulation. The demolitions reduce the burdens of government allowing municipalities to request the removal of dangerous structures and clean up vacant lots.
Community land trust land lease fees
Mortgage interest on land trust mortgages

Who funds Equity Homes

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Community Impact NetworkDemolitionconstructionnew Homes$3,689,377
The Goldfarb FoundationCommunity Building &economic Development$3,091,311

Personnel at Equity Homes

NameTitleCompensation
Winston E CalvertChief Executive Officer$99,519
Andria Nelson RobertsChief Operating Officer$55,203
Britton ClemonsManaging Director$110,958
Jacqueline DavisDirector of Housing$100,000
Brian KruegerManager$102,554
...and 3 more key personnel

Financials for Equity Homes

RevenuesFYE 12/2022
Total grants, contributions, etc.$6,797,084
Investment income and dividends$12,130
Net rental income$0
Net gain from sale of non-inventory assets$0
Gross sales of inventory$0
Miscellaneous revenues$41,655
Total revenues$6,850,869

Form 990s for Equity Homes

Fiscal year endingDate received by IRSFormPDF link
2022-122023-10-10990PFView PDF
2021-122022-11-15990PFView PDF
2020-122021-11-10990PFView PDF
2019-122021-06-11990PFView PDF

Organizations like Equity Homes

OrganizationLocationRevenue
Taylor CommunityLaconia, NH$22,968,987
Heritage Campus GroupShillington, PA$4,561,496
The Cambridge HomesCambridge, MA$5,454,064
Peabody PlaceFranklin, NH$1,809,789
The Myron Stratton HomeColorado Springs, CO$19,177,026
Nichols VillageGroveland, MA$6,201,201
Scott-Farrar HomePeterborough, NH$5,884,459
Josiah Willard Hayden Recreation CenterLexington, MA$5,479,768
QuickCertTulsa, OK$1,960,712
Building Arizona FamiliesSurprise, AZ$2,787,668
Data update history
November 28, 2023
Posted financials
Added Form 990PF for fiscal year 2022
November 28, 2023
Updated personnel
Identified 4 new personnel
November 27, 2023
Received grants
Identified 1 new grant, including a grant for $3,689,377 from Community Impact Network
November 26, 2023
Used new vendors
Identified 1 new vendor, including
November 25, 2023
Posted financials
Added Form 990PF for fiscal year 2021
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate operating foundationsCharities
Issues
Human servicesHousing
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donations
General information
Address
6349 Clayton Rd
Saint Louis, MO 63117
Metro area
St. Louis, MO-IL
County
St. Louis County, MO
Phone
(314) 725-7765
IRS details
EIN
38-4098155
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
2019
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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