Program areas at HOME
Property Management of Affordable Housing. Provision of resident-oriented property management services through which human development and increased integration into mainstream housing is fostered while shelter is provided. Housing for mentally-ill and other disabled persons emphasized. Accomplishments through 3/31/23: 141 units under management; all units owned by non-profit organizations or controlled subsidiaries of non-profit organizations. Resident services program (e.g., referrals to service agencies) operated.
Affordable Housing Development. Development, purchase, and construction to preserve and improve affordable housing in the greater New Haven area; target population is that all residents will earn less than 80% of median income and that more than half will earn less than 50% of median. Housing for mentally-ill and other disabled persons emphasized. Accomplishments in FY23: Continued development of 2 supportive housing projects with 30 units; $555,000 raised for rehabilitation of 5 developments; one project abandoned. Cumulative accomplishments through 3/31/23: 111 units built; full financing being sought on 30 additional units. Also, assisted managed properties to acquire additional units and renovate existing units. Cumulative accomplishments through 3/31/23: 10 units acquired with $575,000 in financing; rehabilitation loans or grants totaling $4,962,000 for 332 units secured.
Housing Counseling Program. Provides counseling to holders of Section 8 vouchers and others regarding opportunities to move out of high-poverty areas. Program temporarily inactive. Accomplishments 7/1/22 - 6/30/23 : 0 clients counseled; 0 clients leased-up; 0 clients leased-up in target lower-poverty neighborhoods; 0 clients placed in suburban areas. Cumulative accomplishments to 6/30/23: 2,264 clients counseled; 1,109 clients placed in housing; 679 clients leased-up in target lower-poverty neighborhoods; 358 clients placed in suburban areas. This program has been temporarily suspended; the organization is actively seeking funding to resume this program.
Affordable Housing Operation and Preservation. Operation of residential real estate to preserve and improve affordable housing in the greater New Haven area; target population is that all residents will earn less than 80% of median income and that more than half will earn less than 50% of median. Cumulative accomplishments through March 31, 2023: 110 units owned and operated; all residents are at 50% of median or below, and approximately 60% of units house persons with disabilities.
Who funds Housing Operations Management Enterprises (HOME)
Grants from foundations and other nonprofits
Personnel at HOME
Name | Title | Compensation | Date of data |
---|
Brett Hill | President | $105,600 | 2023-10-06 |
Rose Collet | Bookkeeper | | 2021-08-18 |
Tom Gilloran | Treasurer | $0 | 2023-03-31 |
Shellina Toure | Chair | $0 | 2023-03-31 |
Francesca Martin | Secretary | $0 | 2023-03-31 |
Financials for HOME
Revenues | FYE 03/2023 | FYE 03/2022 | % Change |
---|
Total grants, contributions, etc. | $857,731 | $905,467 | -5.3% |
Program services | $741,919 | $857,304 | -13.5% |
Investment income and dividends | $-536 | $-13,349 | 96% |
Tax-exempt bond proceeds | $0 | $0 | - |
Royalty revenue | $0 | $0 | - |
Net rental income | $0 | $0 | - |
Net gain from sale of non-inventory assets | $-233,426 | $0 | -999% |
Net income from fundraising events | $0 | $0 | - |
Net income from gaming activities | $0 | $0 | - |
Net income from sales of inventory | $0 | $0 | - |
Miscellaneous revenues | $0 | $0 | - |
Total revenues | $1,365,688 | $1,749,422 | -21.9% |
Organizations like HOME
Organization | Type | Location | Revenue |
---|
Sebco Development | 501(c)(3) | Bronx, NY | $3,590,196 |
Community Strategies Group | 501(c)(3) | Bloomsburg, PA | $4,098,009 |
Affordable Housing Management | 501(c)(3) | Greensboro, NC | $2,347,714 |
Homeward Nyc | 501(c)(3) | New York, NY | $5,777,537 |
SouthFair Community Development Corporation | 501(c)(3) | Dallas, TX | $461,515 |
Northeast Brooklyn Housing Develop | 501(c)(3) | Brooklyn, NY | $3,797,923 |
San Francisco Network Ministries Housing Corporation | 501(c)(3) | San Francisco, CA | $2,435,061 |
Citileaf Housing Development Fund Corporation | 501(c)(3) | New York, NY | $1,717,122 |
Houston Sro Housing Corporation | 501(c)(3) | Houston, TX | $1,009,147 |
3Keys | 501(c)(3) | Chamblee, GA | $3,261,473 |
Data update history
November 26, 2023
Posted financials
Added Form 990 for fiscal year 2023
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2022
February 4, 2023
Posted financials
Added Form 990 for fiscal year 2020
August 16, 2022
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Housing and shelter organizationsHeadquarter / parent organizationsCharities
Issues
Human servicesHousingHomelessness
Characteristics
State / local levelReceives government fundingManagement and technical assistanceTax deductible donations
General information
- Address
- 560 Whalley Ave
- New Haven, CT 06511
- Metro area
- New Haven-Milford, CT
- Phone
- (203) 562-4663
IRS details
- EIN
- 22-2873559
- Fiscal year end
- March
- Taxreturn type
- Form 990
- Year formed
- 1987
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- L20: Housing Development, Construction, Management
- NAICS code, primary
- 62422: Community Housing Services
- Parent/child status
- Central organization
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