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HOMSITE FUND INC

AUBURN NY, NY · EIN 237368656 · Form 990 · FY2024 · NTEE S200 · Community Improvement · Small ($100K-$1M)
revenue
$219K
expenses
$271K
net assets
$234K
employees
0
program ratio
26%
mission · from form 990

HOMSITE FUND IS A NONPROFIT COMMUNITY BASED DEVELOPMENT ORGANIZATION FOCUSED ON PROVIDING HOUSING AND COMMUNITY DEVELOPMENT SERVICES GEARED TO IMPROVING THE LIVES OF LOW AND MODERATE INCOME PERSONS LIVING IN THE CITY OF AUBURN

profile · synthesized from sources

HOMSITE FUND INC is a nonprofit community development organization based in Auburn, NY, focused on improving housing and community conditions for low- and moderate-income residents. The organization provides emergency home repair assistance and operates affordable rental housing units. Its programs target homeowners needing critical repairs and low-income individuals and families in need of stable housing.

irs program accomplishments · form 990 part iii · fy2024

What they reported doing

  1. #1 primary $17K
    HOME REPAIR ASSISTAANCE PROGRAM-ADMINISTRATIVE AND HOME IMPROVEMENT FINANCING FOR LOW-TO-MODERATE INCOME HOMEOWNERS LIVING IN THE CITY OF AUBURN NEED TO MAKE EMERGENCY REPAIRS
  2. #2 $6K
    LOW INCOME HOUSING- THE AGENCY OPERATES FOUR 2-3 UNIT PROPERTIES FOR LOW INCOME INDIVUDALS OR FAMILIES
named programs · 3 · from sources

What they call their work

Home Repair Assistance Program
Provides administrative support and financing for emergency home repairs to low- to moderate-income homeowners in Auburn, NY.
Low Income Housing Program
Operates four 2- to 3-unit properties offering affordable rental housing to low-income individuals and families in Auburn, NY.
RESTORE 20181353
Provides emergency home improvement financing to owner-occupied seniors aged 60 and over in Auburn, NY.
activities · 2 groups

What they do

  • Home Repair Assistance for Low-Income Households 1 activity
    • Emergency home repair assistance for low- and moderate-income homeowners
      Provides administrative and financial assistance for emergency home repairs to low- and moderate-income homeowners in Auburn. This includes support for seniors aged 60 and over with owner-occupied homes.
  • Affordable Housing Development and Management 1 activity
    • Management of affordable rental housing
      Operates four small rental properties, each with 2–3 units, providing housing for low-income individuals and families in Auburn.
financials · form 990 · fy2024
revenue
Total revenue$219K
Contributions & grants$149K68%
Program service revenue$69K32%
Investment income$520%
Other revenue$2K
expenses
Total expenses$271K
Program expenses26%
Admin / overhead74%
Fundraising0%
Salaries & benefits$0
Grants paid out$0
Largest expense lineFacilities
balance sheet
Total assets$406K
Cash$294K
Investments$0
Liabilities$172K
Net assets$234K
Liquid reserves13.1 mo
5 years on record · 2020–2024 · YoY revenue -34.3%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 1
NameTitleHours/wkCompensation
ERICA RYAN EXECUTIVE DIRECTOR 1 $72K
board members · 6
  • BOB PADULA — PRESIDENT
  • CRAIG MIETZ — TREASURER
  • DEANNA RYAN — BOARD MEMBER
  • GREG LATTIMORE — BOARD MEMBER
  • LISA ENGE — SECRETARY
  • TIFFANY BEEBEE — VICEPRESIDENT
strategies · 2

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.