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HOMEFRONT DEVELOPMENT CORPORATION

HUDSON FALLS, NY · EIN 141713617 · Form 990 · FY2020 · Small ($100K-$1M)
revenue
$924K
expenses
$965K
net assets
$221K
employees
3
program ratio
90%
mission · from form 990

IT IS THE MISSION OF HOMEFRONT DEVELOPMENT CORPORATION TO ASSIST LOW TO MODERATE INCOME HOMEOWNERS THROUGH HOUSING REHABILITATION, EMERGENCY HOME REPAIR PROGRAMS, AND MANAGEMENT OF AFFORDABLE SENIOR RENTAL HOUSING IN WASHINGTON AND WARREN COUNTIES AND TO SERVE AS A RESOURCE FOR COMMUNITY DEVELOPMENT PROGRAMS IN WASHINGTON COUNTY.

profile · synthesized from sources

HomeFront Development Corporation supports low- to moderate-income homeowners and seniors in Washington and Warren Counties, NY, through housing rehabilitation, emergency home repairs, and affordable senior rental housing. The organization develops and manages rental properties for seniors with incomes at or below 50% of the area median and runs a program to replace deteriorated mobile homes with new, permanent housing units. It also serves as a community development resource in the region.

irs program accomplishments · form 990 part iii · fy2020

What they reported doing

  1. #1 primary $215K
    AUSTIN PERRY CORNERS (APC), WESTFIELD HIGHTS (WFH), AND LUFKIN COMMONS (LC) ARE PROJECTS ESTABLISHED TO DEVELOP UNITS OF LOW-INCOME RENTAL HOUSING. THESE UNITS ARE RENTED TO SENIOR CITIZENS WITH INCOME AT 50% OF MEDIAN INCOME OR BELOW. HOMEFRONT IS RESPONSIBLE FOR OPERATION AND MAINTENANCE OF THE BUILDING. THE PROJECTS ARE LOCATED IN THE NEW YORK COUNTIES OF WASHINGTON AND WARREN.
  2. #2 $214K
    MOBILE AND MANUFACTURED HOME REPLACEMENT PROGRAM (MMHR) WAS ESTABLISHED TO ASSIST LOW- AND MODERATE-INCOME HOMEOWNERS TO REPLACE DILAPIDATED MOBILE OR MANUFACTURED HOMES THAT ARE SITED ON LAND OWNED BY THE HOMEOWNER WITH A NEW MANUFACTURED, MODULAR OR SITE-BUILT HOME.
named programs · 4 · from sources

What they call their work

Austin Perry Corners (APC)
Develops and manages affordable rental housing units for senior citizens with income at or below 50% of the area median in Washington or Warren County, NY.
Lufkin Commons (LC)
Offers affordable rental housing for seniors with income at or below 50% of median; located in Washington or Warren County, NY.
Mobile and Manufactured Home Replacement Program (MMHR)
Assists low- and moderate-income homeowners in replacing dilapidated mobile or manufactured homes on owned land with new manufactured, modular, or site-built homes.
Westfield Heights (WFH)
Provides low-income senior housing units in Washington or Warren County, NY, with HomeFront responsible for building operations and maintenance.
activities · 2 groups

What they do

  • Home Repair Assistance for Low-Income Households 1 activity
    • Assist low- and moderate-income homeowners in replacing dilapidated mobile or manufactured homes
      Provides assistance to low- and moderate-income homeowners to replace dilapidated mobile or manufactured homes with new manufactured, modular, or site-built homes on owner-held land.
  • Affordable Housing Development and Management 1 activity
    • Operate and maintain affordable rental housing for low-income seniors
      Owns and manages affordable rental housing units for low-income senior citizens in Washington and Warren Counties, NY.
financials · form 990 · fy2020
revenue
Total revenue$924K
Contributions & grants$735K80%
Program service revenue$184K20%
Investment income$180%
Other revenue$4K
expenses
Total expenses$965K
Program expenses90%
Admin / overhead10%
Fundraising0%
Salaries & benefits$113K
Grants paid out$592K
Largest expense lineCompensation
balance sheet
Total assets$1.12M
Cash$40K
Investments$0
Liabilities$898K
Net assets$221K
Liquid reserves0.5 mo
2 years on record · 2019–2020 · YoY revenue -11.9%
leadership · form 990 part vii · fy2020

Who runs it

paid leadership · 1
NameTitleHours/wkCompensation
SHARON REYNOLDS EXECUTIVE DIRECTOR 40 $67K
board members · 1
  • LAURA CHADWICK — DIRECTOR
relationships · 2

Who they work with

  • Warren County Government — Geographic focus for affordable senior rental housing and homeowner assistance programs.
  • Washington County Government — Geographic focus for community development programs and affordable housing initiatives.
strategies · 1

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Housing Rehabilitation and Emergency Repair for Vulnerable Populations
    methodology: housing_first
    By providing housing rehabilitation and emergency repairs alongside affordable rental management, HOMEFRONT improves housing stability for low- to moderate-income homeowners and seniors, because structurally sound and financially accessible housing reduces displacement and supports long-term community integration.