Homes For All Inc is located in Toms River, NJ. The organization was established in 1988. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, Homes For All Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Homes For All Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Homes For All Inc generated $1.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (10.2%) each year. All expenses for the organization totaled $1.5m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSE OF THE ORGANIZATION IS TO HELP PROVIDE AFFORDABLE HOUSING TO LOW INCOME FAMILIES ON A NONDISCRIMINATING BASIS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION WORKS WITHIN THE COMMUNITY TO HELP FACILITATE THE CREATION OF AFFORDABLE HOUSING TO LOW INCOME FAMILIES ON A NONDISCRIMINATING BASIS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Glen Mcdonald Executive Director | Officer | 40 | $185,750 |
Arthur S Bailey III Secretary | OfficerTrustee | 2 | $0 |
Patricia Brogan Chair | OfficerTrustee | 2 | $0 |
Peter Vandyke Vice Chair | OfficerTrustee | 2 | $0 |
Michelle Berry Treasurer | OfficerTrustee | 2 | $0 |
Rita Kearney Trustee | Trustee | 2 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Earle Residential Construction | 12/30/19 | $249,980 |
Flooring Central Construction | 12/30/19 | $230,179 |
All County Aluminium Construction | 12/30/19 | $267,740 |
Sampaul Contracting Inc Construction | 12/30/19 | $271,660 |
Woodhaven Lumber Millwork Inc Construction | 12/30/19 | $564,574 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $232,774 |
All other contributions, gifts, grants, and similar amounts not included above | $63,713 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $296,487 |
Total Program Service Revenue | $856,582 |
Investment income | $17,816 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $138,172 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,356,237 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $22,282 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $198,765 |
Compensation of current officers, directors, key employees. | $21,829 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $240,690 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $90,422 |
Payroll taxes | $36,788 |
Fees for services: Management | $0 |
Fees for services: Legal | $189 |
Fees for services: Accounting | $36,257 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $161 |
Office expenses | $100,950 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $365,929 |
Travel | $16,349 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $71,459 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $146,896 |
Insurance | $105,492 |
All other expenses | $94,866 |
Total functional expenses | $1,527,495 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $160,569 |
Savings and temporary cash investments | $2,555,205 |
Pledges and grants receivable | $366,323 |
Accounts receivable, net | $4,076 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $250,000 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $5,913,954 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $2,914,759 |
Intangible assets | $0 |
Other assets | $1,084,823 |
Total assets | $13,249,709 |
Accounts payable and accrued expenses | $27,832 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $1,867,854 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $82,036 |
Total liabilities | $1,977,722 |
Net assets without donor restrictions | $11,271,987 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $13,249,709 |
Over the last fiscal year, we have identified 4 grants that Homes For All Inc has recieved totaling $17,040.
Awarding Organization | Amount |
---|---|
The Citta Foundation Toms River, NJ PURPOSE: GENERAL CHARITABLE PURPOSES | $6,000 |
Oceanfirst Foundation Toms River, NJ PURPOSE: HOME RUNS FOR HEROES | $6,000 |
Oceanfirst Foundation Toms River, NJ PURPOSE: GENERAL OPERATING/FLEXIBLE SUPPORT GRANT | $5,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $40 |
Organization Name | Assets | Revenue |
---|---|---|
Shared Support South Inc Warrington, PA | $9,549,705 | $20,704,692 |
Viecare Butler Llc Cranberry Township, PA | $15,820,808 | $20,591,438 |
Valley View Haven Inc Belleville, PA | $35,512,325 | $21,268,828 |
The Arc Morris County Chapter Nj Inc Morris Plains, NJ | $23,360,035 | $22,219,596 |
Pathways To Housing Pa Philadelphia, PA | $7,362,789 | $17,371,070 |
Reach Riverside Development Corporation Wilmington, DE | $31,775,413 | $42,220,664 |
Jewish Federation Housing Development Fund Company Buffalo, NY | $0 | $1,951,149 |
Alfa Development Inc Newfoundland, NJ | $12,469,438 | $16,200,874 |
Grand Central District Management Association Inc New York, NY | $3,484,616 | $12,729,561 |
Westbeth Corp Housing Development Fund Company Inc New York, NY | $62,389,155 | $10,191,211 |
Community Action Agency Of Delaware County Inc Boothwyn, PA | $15,976,339 | $8,682,122 |
Brighton Beach Housing Development Fund Company Inc New York, NY | $22,060,771 | $3,270,016 |