Nonprofit · EIN 20-3448706
HOME FORWARD DEVELOPMENT ENTERPRISES CORPORATION
Also known as RUDMAN STEVEN D
Tax-exempt · PORTLAND, OR 97204
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,038,036 | $2,812,971 | -$1,774,935 | $40,206,013 | $739,244 | $39,466,769 |
| December 31, 2023 | 990 | $1,108,042 | $4,541,900 | -$3,433,858 | $42,380,898 | $1,139,194 | $41,241,704 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $941,470
- Investment income
- $96,566
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $1,867,409
Balance sheet and other
- Total assets, start of year
- $42,380,898
- Total assets, end of year
- $40,206,013
- Total liabilities, end of year
- $739,244
- Net assets, end of year
- $39,466,769
- Net assets without donor restrictions
- $39,466,769
- Gross receipts
- $1,038,036
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2005
- State of legal domicile
- OR
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 | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Ivory Matthews | Secretary Officer | 1 | $0 | $321,001 | $98,636 |
| Kandy Sage | Treasurer Officer | 1 | $0 | $239,883 | $82,794 |
| Matthew Gebhardt | Chair-President Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Jenny Kim | Vice President Trustee or director, Officer | 1 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Ivory Matthews | Secretary Officer | 1 | $0 | $254,223 | $77,515 |
| Kandy Sage | Treasurer Officer | 1 | $0 | $188,146 | $53,456 |
| Damien Hall | Chair-President Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Matthew Gebhardt | Vice President Trustee or director, Officer | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 135 SW ASH ST, PORTLAND, OR 97204-3511
- In care of
- % KANDY SAGE
- Principal officer (990 for 2024)
- Kandy Sage, 135 SW ASH ST, PORTLAND, OR 972043540
- Signed the 990
- Kandy Sage, Treasurer Chief Financial Officer
- Phone
- (503) 802-8300
Mission
To support Home Forward in the development redevelopment operation and maintenance of one or more housing projects as defined in ORS 456.065 in the State of Oregon.
Program accomplishments
- Cash flow distributions to support related propertiesExpenses $1,867,409
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
- 20-3448706
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 2006
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L12)
- Assets (IRS master file)
- $40,206,013
- Income (IRS master file)
- $1,038,036
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,038,036 | $2,812,971 | $40,206,013 | IRS |
| 990 | December 2023 | $1,108,042 | $4,541,900 | $42,380,898 | XML |
| 990 | December 2022 | $992,058 | $1,624,249 | $45,829,742 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 20-3448706).
Questions about HOME FORWARD DEVELOPMENT ENTERPRISES CORPORATION
- What is the EIN of HOME FORWARD DEVELOPMENT ENTERPRISES CORPORATION?
- The employer identification number (EIN) of HOME FORWARD DEVELOPMENT ENTERPRISES CORPORATION is 20-3448706.
- Is HOME FORWARD DEVELOPMENT ENTERPRISES CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
- Are donations to HOME FORWARD DEVELOPMENT ENTERPRISES CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does HOME FORWARD DEVELOPMENT ENTERPRISES CORPORATION 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 HOME FORWARD DEVELOPMENT ENTERPRISES CORPORATION 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 HOME FORWARD DEVELOPMENT ENTERPRISES CORPORATION 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 HOME FORWARD DEVELOPMENT ENTERPRISES CORPORATION?
- The 990 for the year ended December 31, 2024 names Kandy Sage.
- Who are the officers and directors of HOME FORWARD DEVELOPMENT ENTERPRISES CORPORATION?
- The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
- How much revenue does HOME FORWARD DEVELOPMENT ENTERPRISES CORPORATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,038,036, expenses of $2,812,971 and total assets of $40,206,013 at year end.
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