PEOPLES HOMESTEADING GROUP INC

As filed

Subsection

03

Classification

1000

Street

410 E NORTH 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

• In October 2024, People's Homesteading Group (PHG) executed a deed of trust and two notes that provided construction & bridge financing in the amount of $2,008,000 from the Neighborhood Impact Investment Fund. These funds were the principal source of funds to rehabilitate & sell 5 formerly dilapidated, blighted vacant houses for sale to homeowners. These 5 homes raised to twenty homes the number of renovated homes developed by PHG on the 400-block of East 22nd Street--417, 432, 439, 448 and 450 East 22nd. This Historic East 22nd Street Project also received an award of $200,000 in construction related grants from the Baltimore City Department of Housing and Community Development By June 30, 2025, PHG, utilizing the services of a general contractor, successfully renovated the five houses and achieved Baltimore City certificates of occupancy and approval of the important historic property tax credits issued by the Baltimore City Commission for Historical and Architectural Preservation (CHAP) for each of the five homes. Renovating the five vacant houses has increased our number of renovated and sold homes to 20 houses on the 400-block of East 22nd Street. PHG also continues to hire disadvantaged adults to work on our properties through a general contractor and subcontractors and through our Greenmount Jobs center. We also engage minority business enterprises and a woman-owned business enterprise for this work through our General Contractor. Subsequently, after June 30, 2025, PHG successfully sold all five of the properties by the end of calendar year 2025 and has paid back NIIF for construction financing. These events will be reported in the IRS Form 990 for the year ending June 30, 2026.

  Expenses $230,379 · Grants $191,117 · Revenue $234,877

• People's Homesteading Group Incorporated develops homeownership opportunities for households of low to moderate income households in deteriorated Baltimore neighborhoods and creates job opportunities for disadvantaged adults. PHG also eliminates blighted vacant houses by renovating and occupying them for homeowner occupancy as a means of stabilizing deteriorated Baltimore neighborhoods.

• Not Applicable

• Not Applicable

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.

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. Earlier years are each on their own filing page.

Filings

• 2024

  Revenue

  $234,878

  Expenses

  $230,379

  Contributions

  $207,009

  Grants paid

  $0

• 2023

  Revenue

  $194,572

  Expenses

  $161,517

  Contributions

  $128,532

  Grants paid

  $0

• 2022

  Revenue

  $193,327

  Expenses

  $185,957

  Contributions

  $154,772

  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

  $287,224

  Expenses

  $278,204

  Assets (EOY)

  $1,166,099

• 2020 · 990

  Revenue

  $159,925

  Expenses

  $158,818

  Assets (EOY)

  $1,460,621

• 2014 · 990

  Revenue

  $682,979

  Expenses

  $670,544

  Assets (EOY)

  $1,585,407

• 2013 · 990

  Revenue

  $678,501

  Expenses

  $759,526

  Assets (EOY)

  $2,120,887

• 2012 · 990

  Revenue

  — not reported

  Expenses

  $490,107

  Assets (EOY)

  $1,673,519

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

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

• NEIGHBORHOOD IMPACT INVESTMENT FUND INC

  $23,783

  2024 · NIIF SMALL DEVELOPERS GRANT PROGRAM

Other IRS files