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Nonprofiteer
← USA HOMEOWNERSHIP FOUNDATION INC

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

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.

  • VAREP

    501(C)19 · To reduce veteran homeless · CA

  • Vetcares Inc

    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.

  • MVP Insurance Services Inc

    C Corp · Insurance · CA · 100% owned · share of income -$6,677 · share of assets $14,640 · controlled entity

    Directly controlled by USA Homeownership Fo

  • MVP Title Company Inc

    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

  • MVP Staffing Services Inc

    C Corp · Staffing · CA · 100% owned · share of income -$800 · controlled entity

    Directly controlled by USA Homeownership Fo

  • Win Win Consulting Inc

    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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