Homeward Bound Housing Corporation is located in Culver City, CA. The organization was established in 1996. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Homeward Bound Housing Corporation 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 06/2022, Homeward Bound Housing Corporation generated $84.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $100.6k during the year ending 06/2022. While expenses have increased by 2.4% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROVIDE HOUSING FOR DEVELOPMENTAL DISABLED PERSONS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tim Soule President | 0.5 | $0 | |
Erick Sierra Treasurer | 0.5 | $0 | |
Tristan Macprang Secretary | 0.5 | $0 | |
Joshua Melendez Director | 0.5 | $0 | |
Linda Gowin Director | 0.5 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,624 |
| Total Program Service Revenue | $75,424 |
| Membership dues | $0 |
| Investment income | $8 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $84,056 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $17,520 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $83,122 |
| Total expenses | $100,642 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $8,247 |
| Other assets | $0 |
| Total assets | $363,298 |
| Total liabilities | $416,486 |
| Net assets or fund balances | -$53,188 |