- Revenue 2024
- $11,670,323
- Expenses 2024
- $10,983,987
Program services were 93.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
As filed
- Subsection
- 03
- NTEE code
- L200
- Classification
- 1000
- Street
- 412 MAYNARD AVE S
These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).
Mission and programs · 2024
Mission
HOMESTEAD CLT DEVELOPS LAND AND HOUSING IN TRUST THAT GIVES LOWER-INCOME HOUSEHOLDS THE OPPORTUNITY TO OWN A HOME THAT IS AFFORDABLE TO THEM AND REMAINS AFFORDABLE TO FUTURE OWNERS.
Activities or mission (Part I)
HOUSING JUSTICE, CLIMATE EQUITY THROUGH AFFORDABLE, SUSTAINABLE HOMEOWNERSHIP
-
WITH 30+ YEARS' SERVICE TO KING COUNTY, HOMESTEAD COMBINES HOUSING DEVELOPMENT WITH BUYER AND OWNER SUPPORT TO GROW AND PRESERVE AN INVENTORY OF PERMANENTLY AFFORDABLE HOMES AND SUCCESSFUL HOMEOWNERS. EVERY HOME IN TRUST IS SOLD AT AN AFFORDABLE PRICE TO AN INCOME-QUALIFIED HOUSEHOLD AND IS KEPT AFFORDABLE TO ALL FUTURE BUYERS. OUR HOMES PUT THE FINANCIAL, SOCIAL, HEALTH AND ECONOMIC MOBILITY BENEFITS OF OWNERSHIP WITHIN REACH OF THOSE SHUT OUT OF OWNERSHIP BY OUR HIGH-COST MARKET, AND/OR THE LEGACY OF SYSTEMIC HOUSING INEQUITIES. AS A RESULT, OWNERS ARE PLACED ON A PATH TO WEALTH BUILDING AND STABILITY. BY CONSTRUCTING WITH A HIGH ENVIRONMENTAL STANDARD, WE CREATE HOUSING AND CLIMATE EQUITY FOR THESE LOWER-INCOME HOMEOWNERS. THROUGH PARTNERSHIPS WITH PRIVATE DONORS AND PUBLIC AGENCIES, HOMESTEAD IDENTIFIED A PIPELINE OF 218 MORE HOMES TO BUILD OVER THE NEXT FIVE YEARS, ON SURPLUS AND DONATED LAND. BY YEAR END, HOMESTEAD HELD 257 HOMES IN TRUST, AND HAD CREATED OVER 329 FIRST TIME HOMEBUYING OPPORTUNITIES FOR INCOME-QUALIFIED HOUSEHOLDS. BY REMOVING HOMES FROM THE SPECULATIVE MARKET AND HOLDING THEM IN TRUST IN PERPETUITY, HOMESTEAD IS CREATING AN ALTERNATE, AFFORDABLE ECONOMY FOR HOUSING.
Expenses $10,304,340 · Grants $288,889 · Revenue $8,437,333
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Officers and directors · 2024
As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.
-
KATHLEEN HOSFELD
EXECUTIVE DIRECTOR
- Total calculated
- $178,325
- From this org
- $168,208
- From related orgs
- $0
- Other
- $10,117
- Hours/week
- 60
Schedule J breakdown matched by us
- Base
- $167,708
- Bonus
- $500
- Other
- $0
- Deferred
- $1,750
- Nontaxable benefits
- $8,367
- Filer's total
- $178,325
-
MARTINA JAMBRICHOVA
FINANCE DIRECTOR
- Total calculated
- $141,008
- From this org
- $127,072
- From related orgs
- $0
- Other
- $13,936
- Hours/week
- 36
-
ERIC PRAVITZ
DIRECTOR OF REAL ESTATE DEVELOPMENT
- Total calculated
- $114,618
- From this org
- $105,911
- From related orgs
- $0
- Other
- $8,707
- Hours/week
- 40
-
CHERYL JACKSON WILLIAMS
BOARD PRESIDENT
- Total calculated
- $0
- Hours/week
- 3
-
PEARL NELSON
BOARD VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 3
-
CHANTE HOUSTON
BOARD SECRETARY
- Total calculated
- $0
- Hours/week
- 3
-
JANELLE ROTHFOLK
BOARD SECRETARY (THRU 02/2024)
- Total calculated
- $0
- Hours/week
- 3
-
KEVIN SKINNER
BOARD TREASURER
- Total calculated
- $0
- Hours/week
- 3
-
CHANDLER GAYTON
BOARD MEMBER (THRU 08/2024)
- Total calculated
- $0
- Hours/week
- 3
-
EILEEN FRANZ
BOARD MEMBER (THRU 07/2024)
- Total calculated
- $0
- Hours/week
- 3
-
SHAVON JONES
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 3
-
REBECCA LANE
BOARD MEMBER (THRU 01/2024)
- Total calculated
- $0
- Hours/week
- 3
-
FRANK ELIZONDO-ALCALA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 3
-
SUSAN ZEMAN
BOARD MEMBER (THRU 01/2024)
- Total calculated
- $0
- Hours/week
- 3
-
RACHEL FABER MACHACHA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 3
-
ROBERT LAING
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 3
-
JARROD KLUK
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 3
-
JULIA JANNON SHIELDS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 3
-
BRIAN NEVILLE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 3
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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.
Filings
-
2024
- Revenue
- $11,670,323
- Expenses
- $10,983,987
- Contributions
- $1,828,099
- Grants paid
- $288,889
-
2023
- Revenue
- $22,126,975
- Expenses
- $3,777,581
- Contributions
- $20,217,422
- Grants paid
- $0
-
2022
- Revenue
- $11,061,346
- Expenses
- $10,945,680
- Contributions
- $1,918,172
- Grants paid
- $0
The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.
Other returns filed
-
2021 · 990
- Revenue
- $6,114,332
- Expenses
- $6,612,774
- Assets (EOY)
- $27,329,923
-
2020 · 990
- Revenue
- $1,337,968
- Expenses
- $823,640
- Assets (EOY)
- $24,239,411
-
2019 · 990
- Revenue
- $1,522,033
- Expenses
- $679,182
- Assets (EOY)
- $16,161,237
-
2018 · 990
- Revenue
- $915,455
- Expenses
- $1,486,419
- Assets (EOY)
- $14,564,764
-
2017 · 990
- Revenue
- $1,694,550
- Expenses
- $1,018,240
- Assets (EOY)
- $15,193,847
-
2016 · 990
- Revenue
- $1,778,752
- Expenses
- $1,963,619
- Assets (EOY)
- $14,986,371
-
2015 · 990
- Revenue
- $1,303,450
- Expenses
- $1,301,607
- Assets (EOY)
- $19,237,104
-
2014 · 990
- Revenue
- $1,715,293
- Expenses
- $2,033,394
- Assets (EOY)
- $18,779,123
-
2013 · 990
- Revenue
- $721,913
- Expenses
- $694,653
- Assets (EOY)
- $17,410,620
-
2012 · 990
- Revenue
- not reported
- Expenses
- $494,615
- Assets (EOY)
- $12,814,300
Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.
Grants made
-
2024 AFFORDABLE HOUSING DEVELOPMENT
Grants received
-
$10,000,000
2022 General operating support
-
2024 For grant recipient's exempt purposes
-
2023 For grant recipient's exempt purposes
-
2022 For grant recipient's exempt purposes
-
2024 PROGRAM SUPPORT
-
2023 PROGRAM SUPPORT
-
$55,000
2024 TO PROVIDE GENERAL SUPPORT
-
$50,000
2023 TO PROVIDE GENERAL SUPPORT.
-
2022 GENERAL SUPPORT
-
DONOR ADVISED CHARITABLE GIVING
$16,500
2024 HUMAN SERVICES
The 10 largest by cash amount. The API serves every itemized grant.
Taxable family
From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.
Disregarded entities on its 2024 return
-
HOMESTEAD REBUILDING COMMUNITIES LLC
RENOVATE DISTRESSED PROPERTIES · WA
-
DEVELOP AND REHABILITATE AFFORDABLE HOUSING · WA
-
WILLOWCREST AFFORDABLE TOWNHOMES LLC
DEVELOP AFFORDABLE HOUSING · WA
-
OPERATE AND MAINTAIN AFFORDABLE HOUSING · WA · income $649,986 · assets $8,222,079
Related partnerships on its 2024 return
-
YAKIMA AVENUE DEVELOPMENT PARTNERS LLC
RELATED · REAL ESTATE DEVELOPMENT · WA · 50% owned
Other IRS files
Auto-Revocation List
Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.
Publication 78
Listed as of 13 October 2026, under deductibility PC.
These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.
What this page reflects
The registration facts above come from the IRS Business Master File published 13 October 2026 and read 26 October 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.