Form 990 for tax year 2024
Filed by USA HOMEOWNERSHIP FOUNDATION INC.
Totals
- Total revenue
- $5,472,779
- Total expenses
- $6,045,043
- Contributions and grants received
- $3,270,570
- Grants paid
- $858,124
- Program service revenue
- $2,069,510
- Investment income
- $0
- Other revenue
- $132,699
- Total assets, end of year
- $2,784,543
- Total liabilities, end of year
- $1,437,978
- Net assets or fund balances, end of year
- $1,346,565
- Program services expenses (Part IX)
- $5,357,439
- Management and general expenses
- $423,404
- Fundraising expenses
- $264,200
- Program service expenses (Part III)
- $5,357,439
Program services were 88.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Listed in Part VII
-
Carla Lemon
Secretary
- Total calculated
- $69,996
- From this org
- $69,996
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Son Nguyen
President
- Total calculated
- $42,500
- From this org
- $42,500
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Christine Olfus
Director
- Total calculated
- $38,716
- From this org
- $38,716
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
Sandy Heath
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Pat Diomede
Director
- Total calculated
- $0
- Hours/week
- 1
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
-
$46,387
Donation
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(C)19 · To reduce veteran homeless · CA
-
501(C)3 · Support veteran as a result of hardship · CA
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
C Corp · Insurance · CA · 100% owned · share of income -$6,677 · share of assets $14,640 · controlled entity
Directly controlled by USA Homeownership Fo
-
C Corp · Title and Escrow Services · CA · 100% owned · share of income -$12,871 · share of assets $1,454 · controlled entity
Directly controlled by USA Homeownership Fo
-
C Corp · Staffing · CA · 100% owned · share of income -$800 · controlled entity
Directly controlled by USA Homeownership Fo
-
S Corp · Service · CA
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 13 March 2025
- IRS schema version
- 2024v5.0
- Source object
- 202540729349301304
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