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← HOMESERVICES FOUNDATION FOR HOUSING EQUITY

Form 990 for tax year 2023

Filed by HOMESERVICES FOUNDATION FOR HOUSING EQUITY.

Totals

Total revenue
$230,609
Total expenses
$20,701
Contributions and grants received
$230,609
Grants paid
$16,000
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$276,583
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$276,583
Program services expenses (Part IX)
$18,500
Management and general expenses
$2,201
Fundraising expenses
$0
Program service expenses (Part III)
$18,500

Program services were 89.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $230,609

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $16,000 · program services $16,000

  • 24a · Other expenses: OTHER EXPENSES

    total $2,500 · program services $2,500 · fundraising $0

  • 24b · Other expenses: BANK FEES

    total $2,201 · management and general $2,201

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $66,675 · end of year $276,583

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $66,675 · end of year $276,583

Mission and programs · 2023

Mission

INCREASING HOMEOWNSHIP AND GENERATIONAL WEALTH FOR PEOPLE OF COLOR THROUGH EDUCATION, INVESTING IN PEOPLE, FINANCIAL ASSISTANCE AND COMMUNITY REINVESTMENT.

  • THE GOAL OF THE FOUNDATION IS TO BRING AWARENESS TO INEQUITIES IN REAL ESTATE. THE FOUNDATION IS HELPING BACK THE SHORT SERIES "SHAME OF CHICAGO", WHICH GOES OVER THE HISTORICAL SEGREGATION IN CHICAGO AND HOW OTHER CITIES COPIED THEIR TACTICS.

    Expenses $18,500 · Grants $16,000

As filed on the 2023 return.

Listed in Part VII

  • Dana Strandmo

    CEO

    Total calculated
    $0
    Hours/week
    2.5

  • Mike Browne

    DIRECTOR-GOVERNANCE

    Total calculated
    $0
    Hours/week
    2.5

  • Fabian Gayosso

    DIRECTOR-MARKETING

    Total calculated
    $0
    Hours/week
    2.5

  • April Alexander

    DIRECTOR-GRANTS

    Total calculated
    $0
    Hours/week
    2.5

  • Desrie Van Putten

    DIRECTOR-EDUCATION

    Total calculated
    $0
    Hours/week
    2.5

  • Gretchen Rosenberg

    DIRECTOR-FUNDRAISING

    Total calculated
    $0
    Hours/week
    2.5

  • Alex Seavall

    CFO

    Total calculated
    $0
    Hours/week
    2.5

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

Provenance

Return type
form_990
Tax year
2023
Filed
8 November 2024
IRS schema version
2023v5.1
Source object
202403189349300905

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