Home Headquarters Inc
- Assets
- $94.1m
- Revenue
- $32.1m
- Investments
- $0.0
- Employees
- 71
- Location
- Syracuse, NY
- Founding
- 10/1991
- Data as of
- 04/2024
- EIN
- 22-2982267
Organization Overview
Home Headquarters Inc is located in Syracuse, NY. The organization was established in 1991. According to its NTEE Classification (L25) the organization is classified as: Housing Rehabilitation, under the broad grouping of Housing & Shelter and related organizations. As of 04/2024, Home Headquarters Inc employed 71 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Home Headquarters 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 04/2024, Home Headquarters Inc generated $32.1m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 12.0% each year . All expenses for the organization totaled $27.1m during the year ending 04/2024. While expenses have increased by 11.7% per year over the past 9 years. They've been increasing with an increasing level of total revenue. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE THE QUALITY OF HOUSING & NEIGHBORHOODS IN SYRACUSE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOME IMPROVEMENT AND SHARP CASES - COMPLETED 754 CASES THROUGH THE HOME IMPROVEMENT AND THE SYRACUSE HOMEOWNER ASSISTANCE REPAIR PROGRAM (SHARP).
ALL OTHER GRANTS/PROGRAM RELATED EXPENSES.
REHABILITION AND NEWLY CONSTRUCTED PROPERTIES - 29 FORMERLY VACANT HOMES HAVE BEEN REHABILITATED AND NEWLY CONSTRUCTED FOR LOW TO MODERATE INCOME OWNER-OCCUPANTS
DOWN PAYMENT AND CLOSING COSTS ASSISTANCE - PROVIDED DOWN PAYMENT AND CLOSING COST ASSISTANCE TO APPROXIMATELY 102 FIRST TIME HOMEBUYERS AND/OR LOW TO MODERATE INCOME INDIVIDUALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cal Corriders Board Member | Trustee | 1 | $0 |
Christina Sauve Board Member | Trustee | 1 | $0 |
Syeisha Byrd President | OfficerTrustee | 1 | $0 |
Fanny Villarreal Board Member | Trustee | 1 | $0 |
Greg May Vice President | OfficerTrustee | 1 | $0 |
Michele Fernandez Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
R F Esposito Inc Construction Services | 4/29/24 | $1,319,166 |
Morris Construction Llc Construction Services | 4/29/24 | $1,171,514 |
Opportunity Headquarters Inc Construction Services | 4/29/24 | $1,513,127 |
Global Construction Construction Services | 4/29/24 | $740,666 |
Donai Inc Construction Services | 4/29/24 | $733,333 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $107,500 |
| Related organizations | $0 |
| Government grants | $19,048,410 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,452,879 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $24,608,789 |
| Total Program Service Revenue | $6,434,004 |
| Investment income | $217,507 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $512,343 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$60,567 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $406,636 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $32,118,712 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $18,128,925 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $517,862 |
| Compensation of current officers, directors, key employees. | $36,250 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,142,960 |
| Pension plan accruals and contributions | $91,670 |
| Other employee benefits | $326,991 |
| Payroll taxes | $297,744 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $19,775 |
| Fees for services: Accounting | $78,590 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,714,786 |
| Advertising and promotion | $119,056 |
| Office expenses | $96,018 |
| Information technology | $166,492 |
| Royalties | $0 |
| Occupancy | $250,808 |
| Travel | $18,857 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $32,497 |
| Interest | $234,177 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $238,233 |
| Insurance | $437,466 |
| All other expenses | $174,438 |
| Total functional expenses | $27,145,916 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,763,279 |
| Savings and temporary cash investments | $4,950,510 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $11,127,247 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $64,251,096 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $115,018 |
| Net Land, buildings, and equipment | $5,373,176 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,526,730 |
| Total assets | $94,107,056 |
| Accounts payable and accrued expenses | $2,475,424 |
| Grants payable | $0 |
| Deferred revenue | $16,463,646 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $4,359,036 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $8,317,274 |
| Other liabilities | $7,640,061 |
| Total liabilities | $39,255,441 |
| Net assets without donor restrictions | $44,473,179 |
| Net assets with donor restrictions | $10,378,436 |
| 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 | $94,107,056 |