EIN 25-1589088

The Home Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
1988
Most recent tax filings
2023-01-01
Description
The Home Foundation develops affordable housing solutions in Centre County. Their mission is to create a secure and affordable place to live for everyone in the area. To achieve this, they became a HUD certified housing counseling agency in April of 2020. Providing housing stability counseling is one of their main goals.
Also known as...
Temporary Housing Foundation
Total revenues
$550,606
2023
Total expenses
$532,862
2023
Total assets
$3,078,011
2023
Num. employees
0
2023

Program areas at The Home Foundation

The Home Foundation accomplishes its mission through a variety of activities. In april of 2020, thf became a hud certified housing counseling agency, The only one in centre county. The goal of housing counseling is to provide housing stability counseling, pre-purchase homebuyer education and budget counseling, closing counseling, post-purchase counseling, foreclosure prevention and referral for mortgage assistance. Thf has been providing first time Home buyer services since 1999 but was largely limited to The borough of state college. Since april 2020, The services have been expanding throughout The county.in addition, thf acquires, rehabilitates and sells homes to first time Home buyers in The borough of state college. Thf has also developed a small portfolio of affordable rental properties in The borough. Throughout 2022, thf worked closely with The borough, contractors, and The state college community land trust to complete a significant rehabilitation to The old boalsburg road townhomes at 803-817 old boalsburg road in state college. The rehab was completed in january of 2023 and The property is ready for residents. During The initial lease-up, all households will have income below 60% of The area median income. There are 8 3-bedroom units that are expected to be occupied by households with 2-6 members. Thf has hired its own, in house, property manager, to assist in providing long term housing stability for The residents.

Personnel at The Home Foundation

NameTitleCompensation
Morgan WasikonisExecutive Director$0
Renee SteffensmeierVice President$0
Lori BelkoSecretary$0
Andrew MaguirePresident$0
Renee SteddensmeierVice President and Secretary$0
...and 7 more key personnel

Financials for The Home Foundation

RevenuesFYE 01/2023
Total grants, contributions, etc.$252,741
Program services$297,865
Investment income and dividends$0
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$0
Total revenues$550,606

Form 990s for The Home Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-012023-09-25990View PDF
2022-012022-11-29990View PDF
2021-012021-12-16990View PDF
2020-012021-04-05990View PDF
2019-012019-11-08990View PDF
...and 9 more Form 990s

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HomestartDayton, OH$508,193
Front St HousingSanta Cruz, CA$1,957,618
Community Working GroupFremont, CA$1,273,632
Homestead Supportive Housing CorporationFairfield, CA$220,492
CJK Community HomesTacoma, WA$490,935
Mid-Peninsula Coalition Belle HavenFoster City, CA$432,697
Bridges To HousingYuba City, CA$283,790
Community House Housing Development Fund CompanyBrooklyn, NY$1,591,308
Data update history
November 30, 2023
Posted financials
Added Form 990 for fiscal year 2023
November 29, 2023
Updated personnel
Identified 1 new personnel
July 30, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 6, 2023
Updated personnel
Identified 2 new personnel
August 16, 2022
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Housing and shelter organizationsCharities
Issues
Human servicesHousingHomelessness
Characteristics
State / local levelReceives government fundingTax deductible donationsNo full-time employees
General information
Address
PO Box 857
State College, PA 16804
Metro area
State College, PA
County
Centre County, PA
Phone
(814) 237-4863
IRS details
EIN
25-1589088
Fiscal year end
January
Taxreturn type
Form 990
Year formed
1988
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
L80: Housing Support Services
NAICS code, primary
62422: Community Housing Services
Parent/child status
Independent
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