Home Headquarters Inc
- Assets
- $61.7m
- Revenue
- $11.9m
- Investments
- $0.0
- Employees
- 57
- Location
- Syracuse, NY
- Founding
- 10/1991
- Data as of
- 04/2021
- 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 04/2021, Home Headquarters Inc employed 57 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 04/2021, Home Headquarters Inc generated $11.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $9.7m during the year ending 04/2021. 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
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 559 CASES THROUGH THE HOME IMPROVEMENT AND THE SYRACUSE HOMEOWNER ASSISTANCE REPAIR PROGRAM (SHARP).
REHABILITION AND NEWLY CONSTRUCTED PROPERTIES - 11 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 92 FIRST TIME HOMEBUYERS AND/OR LOW TO MODERATE INCOME INDIVIDUALS.
ALL OTHER GRANTS/PROGRAM RELATED EXPENSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kerry P Quaglia Executive Director | Officer | 60 | $136,492 |
Tricia Bauer CFO | Officer | 40 | $113,147 |
Angela Dence CFO (resigned) | Officer | 40 | $14,278 |
Gladys J Smith Secretary | OfficerTrustee | 1 | $0 |
Syeisha Bryd Assistant Treasurer/secret | OfficerTrustee | 1 | $0 |
Johanna Dorrance Treasurer | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Global Construction Construction Services | 4/29/21 | $204,348 |
The Roofing Guys Construction Services | 4/29/21 | $465,976 |
Jk General Contracting Construction Services | 4/29/21 | $274,807 |
Onondaga Builders Construction Services | 4/29/21 | $248,498 |
Tktd General Contracting Inc Construction Services | 4/29/21 | $475,010 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,212,715 |
| Investment income | $68,699 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $526,714 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$815,122 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $11,933,384 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $4,895,231 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $281,629 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,007,924 |
| Pension plan accruals and contributions | $75,484 |
| Other employee benefits | $285,843 |
| Payroll taxes | $187,704 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $11,454 |
| Fees for services: Accounting | $54,025 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $92,175 |
| Advertising and promotion | $9,047 |
| Office expenses | $53,146 |
| Information technology | $129,896 |
| Royalties | $0 |
| Occupancy | $190,106 |
| Travel | $4,388 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,465 |
| Interest | $137,322 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $165,638 |
| Insurance | $277,573 |
| All other expenses | $0 |
| Total functional expenses | $9,746,703 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,572,154 |
| Savings and temporary cash investments | $4,805,282 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,327,741 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $40,653,343 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $105,882 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,496,328 |
| Total assets | $61,706,462 |
| Accounts payable and accrued expenses | $1,386,521 |
| Grants payable | $0 |
| Deferred revenue | $4,934,390 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $5,798,869 |
| Other liabilities | $6,489,484 |
| Total liabilities | $18,609,264 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $43,097,198 |
Grants Recieved
Over the last fiscal year, we have identified 12 grants that Home Headquarters Inc has recieved totaling $2,622,099.
| Awarding Organization | Amount |
|---|---|
Enterprise Community Partners Inc Columbia, MD PURPOSE: COMMUNITY PRESERVATION AND DEVELOPMENT | $1,580,757 |
Allyn Foundation Inc Skaneateles, NY PURPOSE: SUPPORT IN ADVANCING THE MAYOR'S "INFILL HOUSING INITIATIVE" - DEVELOPMENT SUBSIDIES TO PROVIDE FIRST-TIME HOMEBUYERS WITH 15 NEWLY-CONSTRUCTED, SINGLE-FAMILY HOMES | $225,000 |
Mother Cabrini Health Foundation New York, NY PURPOSE: HEALTHY HOMES REHABILITATION PROGRAM 2021 | $200,000 |
Jp Morgan Chase Foundation New York, NY PURPOSE: IN SUPPORT OF NEIGHBORHOOD REVITALIZATION | $200,000 |
Central New York Community Foundation Inc Syracuse, NY PURPOSE: PROGRAM SUPPORT; CAMPAIGN SUPPORT | $195,342 |
Allyn Foundation Inc Skaneateles, NY PURPOSE: TOWARD A DEDICATED TENANT LIAISON AND A CONSTRUCTION MANAGER TO SUPPORT SYRACUSE MODEL NEIGHBORHOOD CORPORATION | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Home Headquarters Inc Syracuse, NY | $61,706,462 | $11,933,384 |
Depaul Properties Inc Rochester, NY | $60,046,501 | $8,018,697 |
Isles Inc Trenton, NJ | $25,476,363 | $9,864,108 |
Beech Interplex Inc Philadelphia, PA | $34,852,112 | $5,583,039 |
Center Communities Of Brookline Inc Boston, MA | $21,612,727 | $5,843,127 |
Crispus Attucks Association Of York Pennsylvania York, PA | $24,303,531 | $5,790,154 |
Hrca Brookline Housing 1550 Beacon Plaza Boston, MA | $18,498,571 | $4,652,823 |
North Shore Community Development Coalition Inc Salem, MA | $17,290,346 | $6,893,056 |
Troy Rehabilitation And Improvement Program Inc Troy, NY | $4,527,116 | $4,140,655 |
Opportunity Headquarters Inc Syracuse, NY | $931,819 | $3,257,864 |
Rebuilding Together-Saratoga County Ballston Spa, NY | $1,364,946 | $2,773,949 |
Mutual Housing Association Of Southwestern Connecticut Inc Trumbull, CT | $16,772,020 | $2,661,661 |