EIN 52-1901220

Homes for America (HFA)

IRS 501(c) type
501(c)(3)
Num. employees
25
Year formed
1994
Most recent tax filings
2023-03-01
Description
Homes for America is a nonprofit housing development corporation which specializes in developing and preserving affordable rental housing. All of their housing is enhanced with supportive services for the residents.
Total revenues
$7,015,981
2023
Total expenses
$4,793,598
2023
Total assets
$36,520,580
2023
Num. employees
25
2023

Program areas at HFA

See schedule ohomes for America carried out its mission by serving 7,506 low income persons in its rental communities. The average income of households in communities that are age restricted to seniors 62 years and older was $21,847 and 46.9% of all the senior households had annual income below $20,000. The average income of households in general occupancy housing was $22,559 and 55.9% had income below $20,000.homes for America development activities included the following: 1. Completed rehabilitation of 42 units and construction of 12 new units at a family property in berlin, maryland.2. Continued rehabilitation of 156 unit senior property, in salisbury, maryland.3. Continued construction of a 70 unit new construction family project in ellicott city, maryland.4. Continued construction of a 163 unit new construction senior project in oxon hill, maryland.homes for America also provided asset management services for 6 communities in the organization's portfolio; the organization performs regular site inspections, monitors insurance policies and closely tracks all financial and operating aspects of its properties during lease up and operations. Key asset management accomplishments during the year included:1. Continued the practice of making the portfolio more energy efficient and began energy conservation improvements for two properties. Also completed one energy improvement project for a property in baltimore, maryland.2. Refinanced two properties, in reisterstown, md, lowering the interest rate and providing funds to improve the property.3. Sold one project in richmond, va to a committed local nonprofit.4. Sold three Homes to community residents of an original 56 unit lease purchase property in annapolis, Maryland leaving 41 units remaining.the Homes for America focus for resident services for fy 2023 was to reengage residents in the post-pandemic era, and to reacclimate them to participating in community programs to address social isolation, the digital divide, food insecurity, and access to healthcare. The re-opening of all community spaces, social events, and community meetings sought to combat social isolation. We worked to bridge the digital divide through a local partnership by providing free broadband internet to two new communities totaling 204 units. The end of pandemic-era snap benefits highlighted the need for expanded partnerships with food banks, local produce companies, churches, and grocery delivery services. On-site healthcare services including health screenings, access to registered nurses, vaccination clinics, and doctor presentations were expanded in several communities. Safety and security services were enhanced across the portfolio and were supported by two additional grants. Programming for youth continued to be a priority and opportunities for after-school programming, on-site and off-site summer camps, and homework clubs were well-attended.
See schedule o Homes for America, Inc. is the sole member of several llc's which are included herein. Corner house hfa, llc holds an investment in fountain place associates limited partnership, bay forest hfa llc holds an investment in Homes for annapolis limited partnership, gateway village i hfa, llc holds an investment in salisbury senior housing limited partnership, and hfa y15lp llc holds an investment in chestnut square limited partnership, essex house limited partnership, glenburn associates limited partnership, Homes at berlin limited partnership, Homes for cambridge limited partnership, darbytown meadows llc, senior cottages of shippensburg, ltd., gateway village ii limited partnership, gateway village iii limited partnership, village house associates limited partnership, clare court, lp, Homes for chambersburg, Homes for greenspring, Inc and mitchell pond, lp.
See schedule o Homes for America, is the sole member of Homes for bridgeville, llc, which is included herein. Homes for bridgeville, llc, a 50-unit apartment community, has family service and program activities which have historically included an afterschool homework club, a mobile health clinic, social and recreational programs, weekly summer camp opportunities with transportation, referrals for health resources, nutrition and rental assistance and a monthly mobile food pantry. Additionally, a computer lab is open for all residents and public transportation is available near the entrance of the community.

Grants made by HFA

GranteeGrant descriptionAmount
Homes for McconnellsburgProperty Improvements$10,113

Who funds Homes for America (HFA)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Hfa Community Housing DevelopmentSee Part Iv$349,965
Enterprise Community PartnersAging Well Program$125,000
AmazonSmile FoundationGeneral Support$5
...and 1 more grant received

Personnel at HFA

NameTitleCompensation
Dana JohnsonPresident and Chief Executive Officer$233,207
Jolly BurksVice President and Chief Financial Officer / Vice President Eff 12 - 21 - 17 and Chief Financial Officer$203,001
Yvette Ross KaneVice President , Portfolio Management / Vice President of Portfolio Management$141,691
Julie McCabeVice President Service Enhanced Housing / Vice President of Service Enhanced Housing / Director of Resident Service Programs$137,549
Denise FazioDevelopment Director$127,950
...and 16 more key personnel

Financials for HFA

RevenuesFYE 03/2023
Total grants, contributions, etc.$1,699,542
Program services$4,205,817
Investment income and dividends$760,622
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$350,000
Total revenues$7,015,981

Form 990s for HFA

Fiscal year endingDate received by IRSFormPDF link
2023-032024-02-07990View PDF
2022-032023-02-15990View PDF
2021-032022-02-03990View PDF
2020-032021-04-12990View PDF
2019-032020-08-13990View PDF
...and 10 more Form 990s
Data update history
May 22, 2024
Updated personnel
Identified 4 new personnel
May 18, 2024
Received grants
Identified 1 new grant, including a grant for $349,965 from Hfa Community Housing Development
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 22, 2023
Received grants
Identified 2 new grant, including a grant for $125,000 from Enterprise Community Partners
June 19, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Housing and shelter organizationsHeadquarter / parent organizationsCharities
Issues
Human servicesHousing
Characteristics
Receives government fundingTax deductible donations
General information
Address
318 Sixth St Ste 2
Annapolis, MD 21403
Metro area
Baltimore-Columbia-Towson, MD
County
Anne Arundel County, MD
Website URL
homesforamerica.org/ 
Phone
(410) 269-1222
IRS details
EIN
52-1901220
Fiscal year end
March
Taxreturn type
Form 990
Year formed
1994
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
L21: Public Housing Facilities
NAICS code, primary
62422: Community Housing Services
Parent/child status
Central organization
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