EIN 52-1901220

Homes for America (HFA)

IRS 501(c) type
501(c)(3)
Num. employees
24
Year formed
1994
Most recent tax filings
2024-03-01
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
$5,232,794
2024
Total expenses
$6,451,899
2024
Total assets
$42,343,104
2024
Num. employees
24
2024

Program areas at HFA

See schedule ohhomes for America carried out its mission by serving 7,641 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 $23,010. The average income of households in general occupancy housing was $24,164.homes for America development activities included the following: 1. Completed rehabilitation of 156 unit senior property, in salisbury, Maryland. 2. Completed construction of a 70 unit new construction family project in ellicott city, Maryland. 3. Completed construction of a 163 unit new construction senior project in oxon hill, maryland.homes for America also provided asset management services for 67 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 executed grant agreements for energy conservation improvements for three properties. 2. Completed a roof replacement project utilizing grant funds.3. Refinanced two properties, in prince frederick, md, lowering the interest rate and providing funds to improve the property.4. Sold four Homes to community residents of an original 56 unit lease purchase property in annapolis, Maryland leaving 37 units remaining.the Homes for America focus for resident services for fy 2024 was to engage residents in on-site programming in the areas of health and wellness, nutritional services, socialization, education, financial assistance, community connectivity, digital access, and safety and security. The expansion of health and wellness programming has continued including mobile health and vaccination clinics, exercise classes, and mental health workshops. Nutritional services are provided in the form of on-site food pantries, monthly food donations, mobile grocery delivery, and community meals. Homes for America has continued to increase access to free high-speed broadband internet for residents in 377 additional units. Safety and security were enhanced across the portfolio by increasing cameras, strategic fencing, electronic parking gates, security patrols, and relationship development with local police departments. Programming for youth was prioritized with after school programming, on and off-site summer camps, and homework clubs.
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, lp, Homes for greenspring, lp, mitchell pond, lp, chapline associates, l.p, and chapline associates ii, l.p.
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 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.

Who funds Homes for America (HFA)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Hfa Community Housing DevelopmentSee Part Iv$119,988
Central Pennsylvania Food BankFood Relief$0

Personnel at HFA

NameTitleCompensation
Dana JohnsonPresident and Chief Executive Officer$242,496
Jolly BurksChief Financial Officer$211,517
Danielle EnglandVice President of Portfolio Management$102,186
Julie McCabeVice President of Service Enhanced Housing$143,158
Deepthi JainDevelopment Director$104,250
...and 8 more key personnel

Financials for HFA

RevenuesFYE 03/2024
Total grants, contributions, etc.$838,467
Program services$1,312,691
Investment income and dividends$723,456
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$2,358,180
Total revenues$5,232,794

Form 990s for HFA

Fiscal year endingDate received by IRSFormPDF link
2024-032025-02-14990View PDF
2023-032024-02-07990View PDF
2022-032023-02-15990View PDF
2021-032022-02-03990View PDF
2020-032021-04-12990View PDF
...and 11 more Form 990s

Organizations like HFA

OrganizationLocationRevenue
Ahepa Affordable Housing Management CompanyFishers, IN$16,485,837
Housing Development FundStamford, CT$7,334,851
Immanuel HouseHartford, CT$3,490,740
Families in TransitionManchester, NH$10,657,845
Heartland HousingMadison, WI$2,522,693
Grandview Apartment Affordable Housing CorporationNeptune, NJ$1,791,053
El Bethel ArmsDuarte, CA$10,043,489
Ifca Housing NetworkOssining, NY$2,631,063
Hope CommunityNew York, NY$6,692,308
Creative HousingColumbus, OH$5,499,381
Data update history
April 1, 2025
Posted financials
Added Form 990 for fiscal year 2024
March 25, 2025
Received grants
Identified 1 new grant, including a grant for $119,988 from Hfa Community Housing Development
March 5, 2025
Used new vendors
Identified 1 new vendor, including
October 21, 2024
Updated personnel
Identified 5 new personnel
September 18, 2024
Updated personnel
Identified 3 new personnel
Nonprofit Types
Grantmaking organizationsHousing and shelter organizationsHeadquarter / parent organizationsCharities
Issues
Human servicesHousing
Characteristics
Receives government fundingTax deductible donationsAccepts online 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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