EIN 25-1589088

The Home Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
1988
Most recent tax filings
2024-01-01
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
$706,017
2024
Total expenses
$494,460
2024
Total assets
$3,330,136
2024
Num. employees
0
2024

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 2023, thf leased up its newest property, The eight units at old boalsburg road townhomes. The project was completed in close collaboration with The borough and The state college community land trust in january of 2023.

Financials for The Home Foundation

RevenuesFYE 01/2024
Total grants, contributions, etc.$476,366
Program services$227,795
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$1,856
Total revenues$706,017
Data update history
December 10, 2024
Posted financials
Added Form 990 for fiscal year 2024
November 28, 2024
Used new vendors
Identified 1 new vendor, including
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
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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