- Revenue 2024
- $11,298,683
- Expenses 2024
- $11,024,321
Program services were 63.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
As filed
- Subsection
- 03
- NTEE code
- T30
- Classification
- 1000
- Street
- 6200 BALTIMORE AVE
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
Homefree USA, Inc. was organized under the laws of the State of Maryland in 1994. HFUSA is non profit 501 (C) (3) organization. The organization specializes in homeownership development foreclosure intervention and financial empowerment. It empowers minorities and women to attain and/or maintain home ownership and financial stability, with a focus on providing the financial tools needed to facilitate wise and cautious decision making. The organization is one of the leaders in accessing untapped mainstream financial resources and delivering them to individuals, families and communities. Major programs include: Housing Counseling and moving low and moderate income families to owned and rental housing.
Activities or mission (Part I)
Homefree USA is a non-profit public benefit organization that specializes in homeownership development, foreclosure intervention and financial empowerment. It empowers minorities and women to attain and/or maintain home ownership and financial stability, with a specific focus on providing the financial tools needed to facilitate wise and cautious decision making. The organization is one of the leaders in accessing untapped mainstream financial resources and delivering them to individuals, families, and communities.
-
Homeownership program: to develop within all people the knowledge skills and practices they need to be economically strong and successful homeowners. The program includes HUD housing assistance administered through the HFUSA network of Affiliate Organizations.
Expenses $3,353,317 · Grants $2,373,821 · Revenue $3,353,317
-
CFA program to provide counseling and career endeavoring services to college students attending HBCU's. The goal of the program is to train and prepare college students to major in all disciplines related to mortgage lending, real estate and property ownership and management. There are approximately 10 colleges participating in this program.
Expenses $3,647,535 · Revenue $3,647,535
-
N/A
As filed on the 2024 return.
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.
-
Marcia Griffin
President & CEO
- Total calculated
- $374,328
- From this org
- $374,328
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $341,854
- Bonus
- $0
- Other
- $32,474
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $374,328
-
James Griffin
Executive Vice President
- Total calculated
- $281,410
- From this org
- $281,410
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $275,222
- Bonus
- $0
- Other
- $6,188
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $281,410
-
Milan Griffin
Vice President
- Total calculated
- $128,660
- From this org
- $128,660
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $115,189
- Bonus
- $0
- Other
- $13,471
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $128,660
-
Quentin Cantlo
SVP Chief Information Officer
- Total calculated
- $126,151
- From this org
- $126,151
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $118,727
- Bonus
- $0
- Other
- $7,424
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $126,151
-
Gwendolyn Garnett
Exec. VP & Manager CFA
- Total calculated
- $121,342
- From this org
- $121,342
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $113,095
- Bonus
- $0
- Other
- $8,247
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $121,342
-
Alfreda Williams
Director Homeownership
- Total calculated
- $107,741
- From this org
- $107,741
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $98,421
- Bonus
- $0
- Other
- $9,320
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $107,741
-
Simone Griffin
EVP Manag. Director Affiliate Network
- Total calculated
- $106,600
- From this org
- $106,600
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $83,500
- Bonus
- $0
- Other
- $23,100
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $106,600
-
Elena Robinson
IT Manager
- Total calculated
- $101,178
- From this org
- $101,178
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $94,258
- Bonus
- $0
- Other
- $6,920
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $101,178
-
Jared Magoon
IT Development Officer
- Total calculated
- $97,144
- From this org
- $97,144
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $92,526
- Bonus
- $0
- Other
- $4,618
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $97,144
-
Luwanna Williams
CFA University Director
- Total calculated
- $87,177
- From this org
- $87,177
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $73,020
- Bonus
- $0
- Other
- $14,157
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $87,177
-
Frank Sims
Board Member
- Total calculated
- $0
- Hours/week
- 2
-
Megan Moore
Board of Directors
- Total calculated
- $0
- Hours/week
- 2
-
Joseph Ohayon
Board of Directors
- Total calculated
- $0
- Hours/week
- 2
-
William Lewis
Board of Directors
- Total calculated
- $0
- Hours/week
- 2
-
Efe Aghimien
Board of Directors
- Total calculated
- $0
- Hours/week
- 2
-
Paul Koches
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. 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
- $11,298,683
- Expenses
- $11,024,321
- Contributions
- $11,222,307
- Grants paid
- $2,373,821
-
2023
- Revenue
- $17,217,361
- Expenses
- $17,465,119
- Contributions
- $15,969,037
- Grants paid
- $9,643,062
-
2022
- Revenue
- $34,679,494
- Expenses
- $33,371,977
- Contributions
- $34,257,851
- Grants paid
- $17,497,154
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
- $17,895,333
- Expenses
- $17,808,733
- Assets (EOY)
- $5,280,798
-
2020 · 990
- Revenue
- $12,544,190
- Expenses
- $11,993,589
- Assets (EOY)
- $6,644,741
-
2016 · 990
- Revenue
- $7,210,549
- Expenses
- $7,423,030
- Assets (EOY)
- $7,269,759
-
2015 · 990
- Revenue
- $7,426,171
- Expenses
- $7,102,223
- Assets (EOY)
- $8,077,932
-
2014 · 990
- Revenue
- $10,084,878
- Expenses
- $7,242,474
- Assets (EOY)
- $7,286,609
-
2013 · 990
- Revenue
- $7,359,188
- Expenses
- $6,696,541
- Assets (EOY)
- $5,420,543
-
2012 · 990
- Revenue
- not reported
- Expenses
- $7,351,304
- Assets (EOY)
- $5,846,485
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.
Grants made
-
$7,077,082
2022 Property purchased for renovation and sale to low and moderate income potential homeowners.
-
$2,504,750
2022 Property purchased for renovation and sale to low and moderate income potential homeowners.
-
$1,869,500
2023 Property purchased for renovation and sale to low and moderate income potential homeowners.
-
$1,092,079
2023 Property purchased for renovation and sale to low and moderate income potential homeowners.
-
$937,512
2022 Property purchased for renovation and sale to low and moderate income potential homeowners.
-
$542,000
2024 Housing Counseling Assistance
-
$470,778
2022 Property purchased for renovation and sale to low and moderate income potential homeowners.
-
2023 Property purchased for renovation and sale to low and moderate income potential homeowners.
-
$468,967
2022 Property purchased for renovation and sale to low and moderate income potential homeowners.
-
$465,452
2022 Property purchased for renovation and sale to low and moderate income potential homeowners.
The 10 largest by cash amount. The API serves every itemized grant.
Grants received
-
NEIGHBORHOOD REINVESTMENT CORP
$1,809,270
2022 GENERAL SUPPORT
-
COMMUNITIES FOUNDATION OF TEXAS
$1,250,000
2023 THIS GRANT IS DESIGNATED FOR GENERAL SUPPORT.
-
NEIGHBORHOOD REINVESTMENT CORP
$786,177
2023 GENERAL SUPPORT
-
$125,000
2024 1 grant(s) for varying purposes
-
2023 CONTRIBUTION
-
2022 GENERAL SUPPORT/SPONSORSHIP
-
2024 CONTRIBUTION
-
2022 For grant recipient's exempt purposes
-
$50,000
2025 GENERAL SUPPORT
-
CHARITIES AID FOUNDATION AMERICA
$50,000
2022 CHARITABLE DONATION
The 10 largest by cash amount. The API serves every itemized grant.
Related organizations
From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.
Declared on its 2022 return
-
Home Buyers Realty
N/A · Real Estate Sales · MD · controlled entity
-
HomeFree Access
N/A · Investment · MD · controlled entity
-
HomeFree Funding
N/A · Mortgage Banking · MD · controlled entity
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.
Related corporations and trusts on its 2022 return
-
Home Buyer Realty
C-Corporation · Real Estate · MD · 1% owned · share of income $0 · share of assets $0 · controlled entity
-
HomeFree Access
C-Corporation · Investment · MD · 1% owned · share of income $0 · share of assets $0 · controlled entity
-
HomeFree Funding
C-Corporation · Mortgage Banking · MD · 1% owned · share of income $0 · share of assets $0 · controlled entity
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 11 November 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 9 November 2026 and read 9 November 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.