Homes For Our Troops Inc

Organization Overview

Homes For Our Troops Inc is located in Taunton, MA. The organization was established in 2004. According to its NTEE Classification (L99) the organization is classified as: Housing & Shelter N.E.C., under the broad grouping of Housing & Shelter and related organizations. As of 09/2022, Homes For Our Troops Inc employed 79 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Homes For Our Troops 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 09/2022, Homes For Our Troops Inc generated $35.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.6% each year. All expenses for the organization totaled $32.7m during the year ending 09/2022. While expenses have increased by 5.1% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO BUILD AND DONATE SPECIALLY ADAPTED CUSTOM HOMES NATIONWIDE FOR SEVERELY (SEE SCHEDULE O). INJURED POST-9/11 VETERANS TO ENABLE THEM TO REBUILD THEIR LIVES.

Describe the Organization's Program Activity:

NEW HOME PROGRAM: UNDER THIS PROGRAM, HOMES FOR OUR TROOPS, INC (HFOT) BUILDS NEW, SINGLE-FAMILY, SPECIALLY-ADAPTED CUSTOM HOMES THAT PROVIDE BARRIER-FREE LIVING TO SEVERELY INJURED VETERANS AND THEIR FAMILIES. EACH HOME IS BUILT WITH OVER 40 MAJOR ADAPTATIONS (E.G., ROLL-UNDER COUNTERS, SINKS, AND STOVES; ROLL-IN SHOWERS; WIDER HALLS AND DOORWAYS; FULL-HOME GENERATORS; PULL-DOWN SHELVING; STORM ROOMS) TO PROVIDE BARRIER-FREE LIVING TO THE VETERANS AND RESTORE SOME OF THEIR FREEDOM AND INDEPENDENCE. (CONTINUED IN SCHEDULE O).DURING THE FISCAL YEAR ENDED 09/30/2022, HOMES FOR OUR TROOPS, INC. TRANSFERRED 21 NEW HOMES ACROSS THE COUNTRY, PURCHASED 25 LOTS FOR FUTURE BUILDS, AND BROUGHT 18 NEW VETERANS INTO THE PROGRAM. HOMES FOR OUR TROOPS, INC. ENDED THE FISCAL YEAR WITH A TOTAL OF 346 HOMES TRANSFERRED IN 44 STATES AND 67 PROJECTS UNDERWAY. IN ADDITION TO BUILDING HOMES, HOMES FOR OUR TROOPS, INC CONTINUED ITS SUPPORT TO VETERANS WHO ARE REBUILDING THEIR LIVES BY ASSISTING THEM WITH CHALLENGES THEY ENCOUNTER, AND EXPANDING ITS NETWORK OF NON-PROFITS AND OTHER ENTITIES TO PROVIDE ASSISTANCE. AS PART OF OUR CONTINUING SUPPORT, HFOT PROVIDES EACH VETERAN WITH A PRO-BONO FINANCIAL PLANNER FOR A THREE-YEAR PERIOD TO ASSIST IN ESTABLISHING AND MAINTAINING FINANCIAL SECURITY AND SETTING HIM/HER UP FOR SUCCESS AS A HOMEOWNER.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Mason Sky Enterprises Llc
Construction
$783,424
Jason Scott Custom Builders
Construction
$663,222
Steve Cury Construction
Construction
$566,074
Symmetry Construction And Design
Construction
$448,445
Silver Ridge Llc
Construction
$345,362
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$61,158
Membership dues$0
Fundraising events$472,630
Related organizations$0
Government grants $795,863
All other contributions, gifts, grants, and similar amounts not included above$33,741,317
Noncash contributions included in lines 1a–1f $5,397,518
Total Revenue from Contributions, Gifts, Grants & Similar$35,070,968
Total Program Service Revenue$852,430
Investment income $455,893
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$663,031
Net Income from Fundraising Events -$16,746
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $4,756
Miscellaneous Revenue$0
Total Revenue $35,704,270

Grants Recieved

Over the last fiscal year, we have identified 15 grants that Homes For Our Troops Inc has recieved totaling $121,300.

Awarding OrganizationAmount
Champion Family Foundation

Covina, CA

PURPOSE: DONATION

$50,000
Wisniewski Family Foundation

Addison, IL

PURPOSE: SUPPORT

$50,000
Arlan J Van Wyk Family Foundation

Sheldon, IA

PURPOSE: HOMES FOR SOLDIERS INJURED IN ACTION

$5,000
Dale E And Janice Davis Johnston Family Foundation

Little Rock, AR

PURPOSE: GENERAL OPERATING FUND

$5,000
Martin-Baley Family Foundation

Bend, OR

PURPOSE: GENERAL SUPPORT

$2,000
Tlgc Foundation

Wilmington, DE

PURPOSE: GENERAL & UNRESTRICTED

$2,000
View Grant Recipient Profile

Peer Organizations

Create an account to unlock the data you need.

or