Nonprofit · EIN 04-2519279
HOMEOWNERS REHAB INC
Tax-exempt · CAMBRIDGE, MA 02139
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $8,900,222 | $7,290,492 | $1,609,730 | $170,154,645 | $100,102,512 | $70,052,133 |
| December 31, 2023 | 990 | $7,337,327 | $6,435,131 | $902,196 | $154,559,872 | $88,086,456 | $66,473,416 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $628,110
- of which government grants
- $178,655
- Program service revenue
- $4,949,832
- Investment income
- $3,037,081
- Other revenue
- $285,199
Expenses
- Grants and similar amounts paid
- $102,500
- Compensation of officers, directors and key employees
- $388,425
- Other salaries and wages
- $1,298,387
- Salaries, compensation and benefits (total)
- $2,175,719
- Professional fundraising fees
- $0
- Legal fees
- $30,666
- Accounting fees
- $229,950
- Occupancy
- $102,556
- Depreciation
- $1,228,792
- Program services (functional)
- $7,075,953
- Management and general (functional)
- $214,539
Balance sheet and other
- Total assets, start of year
- $154,559,872
- Total assets, end of year
- $170,154,645
- Total liabilities, end of year
- $100,102,512
- Net assets, end of year
- $70,052,133
- Land, buildings and equipment
- $73,119,597
- Net assets without donor restrictions
- $70,052,133
- Gross unrelated business income
- $1,325,724
- Gross receipts
- $8,900,222
- Employees
- 19
- Volunteers
- 12
- Year formed
- 1972
- State of legal domicile
- MA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SARA BARCAN | EXECUTIVE DIRECTOR Officer | 35 | $236,289 | $40,149 |
| HIEN BURNHAM | CONTROLLER Highest-paid employee | 35 | $142,846 | $35,916 |
| LEE DEPIETRO | DIRECTOR OF ASSET MANAGEMENT Highest-paid employee | 35 | $152,136 | $12,684 |
| SUSAN TWOMEY | DIRECTOR OF CONSTRUCTION A Highest-paid employee | 35 | $145,004 | $16,884 |
| KATE GILMORE | DIRECTOR OF REAL ESTATE Highest-paid employee | 35 | $133,346 | $23,262 |
| WILL MONSON | SENIOR PROJECT MANAGER Highest-paid employee | 35 | $131,364 | $19,100 |
| GEORGE BEAL | TREASURER Trustee or director, Officer | 5 | $0 | $0 |
| LOUISE ELVING | PRESIDENT Trustee or director, Officer | 5 | $0 | $0 |
| JOHN HIXSON | CLERK Trustee or director, Officer | 5 | $0 | $0 |
| AMY WALSH FARRELL | BOARD MEMBER Trustee or director | 5 | $0 | $0 |
| AVIVA ROTHMAN-SHORE | BOARD MEMBER Trustee or director | 5 | $0 | $0 |
| DEBRA FOX | BOARD MEMBER Trustee or director | 5 | $0 | $0 |
| HECTOR ACEVEDO | BOARD MEMBER Trustee or director | 5 | $0 | $0 |
| ANGELA MEEHAN | BOARD MEMBER Trustee or director | 5 | $0 | $0 |
| MARILYN SOTO | BOARD MEMBER Trustee or director | 5 | $0 | $0 |
2 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GOLNAZ TABATABAI | BOARD MEMBER Trustee or director | 5 | $0 |
| VINCENT O'DONNELL | VICE PRESIDENT Officer | 5 | $0 |
990 for the year ended December 31, 2023: 18 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SARA BARCAN | EXECUTIVE DIRECTOR Officer | 35 | $218,846 | $34,215 |
| PETER DALY | SPECIAL ASSISTANT TO ED Officer | 35 | $245,148 | $6,718 |
| JANE CARBONE | DIRECTOR OF DEVELOPMENT Highest-paid employee | 35 | $188,401 | $5,652 |
| WILLIAM MONSON | PROJECT MANAGER Highest-paid employee | 35 | $123,724 | $24,898 |
| SUSAN TWOMEY | DIRECTOR OF CONSTRUCTION AND SUSTAINABILITY Highest-paid employee | 35 | $130,000 | $16,974 |
| JESSE EDSELL-VETTER | DIRECTOR OF GRANTS AND SPECIAL INITIATIVES Highest-paid employee | 35 | $106,923 | $36,265 |
| GEORGE BEAL | TREASURER Trustee or director, Officer | 5 | $0 | $0 |
| LOUISE ELVING | PRESIDENT Trustee or director, Officer | 5 | $0 | $0 |
| JOHN HIXSON | CLERK Trustee or director, Officer | 5 | $0 | $0 |
| AMY WALSH FARRELL | BOARD MEMBER Trustee or director | 5 | $0 | $0 |
| AVIVA ROTHMAN-SHORE | BOARD MEMBER Trustee or director | 5 | $0 | $0 |
| DEBRA FOX | BOARD MEMBER Trustee or director | 5 | $0 | $0 |
| HECTOR ACEVEDO | BOARD MEMBER Trustee or director | 5 | $0 | $0 |
| ANGELA MEEHAN | BOARD MEMBER Trustee or director | 5 | $0 | $0 |
| MARILYN SOTO | BOARD MEMBER Trustee or director | 5 | $0 | $0 |
| GOLNAZ TABATABAI | BOARD MEMBER Trustee or director | 5 | $0 | $0 |
| CHRISTOPHER SCOVILLE | BOARD MEMBER Trustee or director | 5 | $0 | $0 |
| VINCENT O'DONNELL | VICE PRESIDENT Officer | 5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 280 FRANKLIN ST, CAMBRIDGE, MA 02139-3773
- Principal officer (990 for 2024)
- SARA BARCAN, 280 FRANKLIN STREET, CAMBRIDGE, MA 02139
- Signed the 990
- SARA BARCAN, EXECUTIVE DIRECTOR
- Phone
- (617) 868-4858
- Website
- WWW.HOMEOWNERSREHAB.ORG
- Return prepared by
- DANIEL DENNIS & COMPANY LLP
Mission
THE GENERAL PURPOSE OF HRI IS TO ACQUIRE, IMPROVE THROUGH REHABILITATION, NEW CONSTRUCTION OR OTHERWISE, MAKE AVAILABLE AT THE LOWEST POSSIBLE COST TO PERSONS AND FAMILIES WITH LOW INCOME OF EVERY RACE, RELIGION AND NATIONALITY, HOUSING IN MASSACHUSETTS, TO STIMULATE THE RENOVATION AND IMPROVEMENT OF PROPERTIES, AND TO PROMOTE NEIGHBORHOOD IMPROVEMENTS FOR THE BENEFIT OF PERSONS OF LIMITED MEANS.
Program accomplishments
- AFFILIATE ACTIVITIES - TO ACQUIRE, RENOVATE, CONSTRUCT, DEVELOP, OWN,LEASE OR MANAGE LOW-INCOME OR MIXED-INCOME FAMILY HOUSING IN CAMBRIDGE, MASSACHUSETTS.Expenses $4,238,426 · revenue $4,065,847
- DEVELOPMENT AND OPERATING-HRI IS INVOLVED IN VARIOUS PROJECTS TO DEVELOP LOW INCOME HOUSING. HRI ALSO FACILITATES THE REHABILITATION OF OLD HOUSING STOCK.Expenses $2,837,527 · grants $102,500 · revenue $1,765,000
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 04-2519279
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1975
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L80Z)
- Assets (IRS master file)
- $170,154,645
- Income (IRS master file)
- $8,900,222
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $8,900,222 | $7,290,492 | $170,154,645 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $7,337,327 | $6,435,131 | $154,559,872 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $13,581,541 | $5,555,508 | $137,772,671 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-2519279).
Questions about HOMEOWNERS REHAB INC
- What is the EIN of HOMEOWNERS REHAB INC?
- The employer identification number (EIN) of HOMEOWNERS REHAB INC is 04-2519279.
- Is HOMEOWNERS REHAB INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1975.
- Are donations to HOMEOWNERS REHAB INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HOMEOWNERS REHAB INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of HOMEOWNERS REHAB INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did HOMEOWNERS REHAB INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of HOMEOWNERS REHAB INC?
- The 990 for the year ended December 31, 2024 names SARA BARCAN.
- Who are the officers and directors of HOMEOWNERS REHAB INC?
- The 990 for the year ended December 31, 2024 lists 17 people; 6 received compensation from the organization, the highest $236,289 (SARA BARCAN, EXECUTIVE DIRECTOR).
- How much revenue does HOMEOWNERS REHAB INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $8,900,222, expenses of $7,290,492 and total assets of $170,154,645 at year end.
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All nonprofits in CAMBRIDGE · Massachusetts · Housing and shelter