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Nonprofit · EIN 22-2893508

HOMESHARING PROGRAM OF SOMERSET COUNTY INC

Tax-exempt · BRIDGEWATER, NJ 08807

Financials

$282K$309K2023$327K$381K2024$442K$369K2025
Revenue Expenses · by fiscal year end
Financials of HOMESHARING PROGRAM OF SOMERSET COUNTY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$442,382$368,501$73,881$372,114$79,993$292,121
December 31, 2024990$326,620$381,393-$54,773$296,376$78,136$218,240
December 31, 2023990$281,773$309,167-$27,394$360,596$87,582$273,014
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$345,828
of which government grants
$55,830
Program service revenue
$0
Investment income
$22,936
Other revenue
$73,618

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$102,551
Other salaries and wages
$133,537
Salaries, compensation and benefits (total)
$257,733
Professional fundraising fees
$0
Accounting fees
$19,655
Occupancy
$19,488
Depreciation
$12,360
Program services (functional)
$261,889
Management and general (functional)
$65,376
Fundraising (functional)
$41,236

Balance sheet and other

Total assets, start of year
$296,376
Total assets, end of year
$372,114
Total liabilities, end of year
$79,993
Net assets, end of year
$292,121
Land, buildings and equipment
$24,886
Net assets without donor restrictions
$243,794
Net assets with donor restrictions
$48,327
Gross receipts
$467,961
Employees
5
Volunteers
18
Year formed
1984
State of legal domicile
NJ

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, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
STEVEN NAGELEXECUTIVE DIRECTOR
Trustee or director, Officer
40$84,622$15,001
COLLEEN MCCARTHYPRESIDENT
Trustee or director, Officer
1$0$0
MICHAEL KIRSHVICE PRESIDENT
Trustee or director, Officer
1$0$0
ANDRIETTE MATHEWSSECRETARY
Trustee or director, Officer
1$0$0
MICHAEL SHRINERTREASURER
Trustee or director, Officer
4$0$0
KAREN THOMASPAST PRESIDENT
Trustee or director, Officer
4$0$0
MARIA ANTRUSTEE
Trustee or director
1$0$0
BRIDGET STILLWELL KENNEDYTRUSTEE
Trustee or director
1$0$0
BRIAN LEVINETRUSTEE
Trustee or director
1$0$0
CINDI RANDTRUSTEE
Trustee or director
1$0$0
ELLA W TAYLORTRUSTEE
Trustee or director
1$0$0
SCOTT WIESETRUSTEE
Trustee or director
1$0$0
990 for the year ended December 31, 2024: 9 people
NameTitleHours / weekCompensation
KAREN THOMASPAST PRESIDENT
Trustee or director, Officer
4$0
ANDRIETTE MATHEWSPAST PRESIDENT
Trustee or director
1$0
COLLEEN MCCARTHYPRESIDENT
Trustee or director, Officer
1$0
MICHAEL SHRINERTREASURER
Trustee or director, Officer
4$0
BRENDA MOORETRUSTEE
Trustee or director
1$0
CINDY RANDTRUSTEE
Trustee or director
1$0
FRANK SEMCERVICE PRESIDENT
Trustee or director, Officer
1$0
JEANETTE BROWNTRUSTEE
Trustee or director
1$0
MAUREEN KALENATRUSTEE
Trustee or director
1$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
KAREN THOMASPRESIDENT
Trustee or director, Officer
4$0
ANDRIETTE MATHEWSPAST PRESIDENT
Trustee or director
1$0
COLLEEN MCCARTHYSECRETARY
Trustee or director, Officer
1$0
MICHAEL SHRINERTREASURER
Trustee or director, Officer
4$0
BRENDA MOORETRUSTEE
Trustee or director
1$0
CINDY RANDTRUSTEE
Trustee or director
1$0
FRANK SEMCERVICE PRESIDENT
Trustee or director, Officer
1$0
JEANETTE BROWNTRUSTEE
Trustee or director
1$0
MAUREEN KALENATRUSTEE
Trustee or director
1$0

Address and contacts

Address (IRS master file)
120 FINDERNE AVE, BRIDGEWATER, NJ 08807-3670
Principal officer (990 for 2025)
COLLEEN MCCARTHY, 120 FINDERNE AVENUE 6, BRIDGEWATER, NJ 08807
Signed the 990
COLLEEN MCCARTHY, PRESIDENT
Phone
(908) 526-4663
Return prepared by
NISIVOCCIA LLP

Mission

HOMESHARING'S MISSION IS TO CREATE AFFORDABLE HOUSING SOLUTIONS BY MATCHING THOSE SEEKING HOUSING WITH THOSE WHO NEED ADDITIONAL INCOME OR SERVICES TO MAINTAIN THEIR HOMES, WHILE FOSTERING INDEPENDENCE AND DIGNITY.

990 for the year ended December 31, 2025

Program accomplishments

  • HOMESHARING IS A SERVICE TO PEOPLE WHO WANT OR NEED TO SHARE THEIR HOMES FOR ECONOMIC, SERVICE OR COMPANIONSHIP REASONS, OR WHO NEED HELP FINDING AFFORDABLE HOUSING. HOMESHARING'S GOAL IS TO MATCH HOME PROVIDERS WITH HOME SEEKERS IN SUCH A WAY THAT THE NEED OF BOTH ARE MET. HOMESHARING'S NJ SERVICE AREAS: SOMERSET, HUNTERDON, MIDDLESEX, MORRIS, MONMOUTH, OCEAN, SUSSEX, WARREN, ESSEX, PASSAIC & UNION COUNTIES. PROVIDERS LIVE IN SEPARATE BEDROOMS FROM THE SEEKERS AND SEEKERS LIVE WITHIN THE SERVICE AREAS.SERVICE ARRANGEMENTS INCLUDE BOTH PARTIES MUST BE INDEPENDENT ENOUGH TO MEET THEIR OWN BASIC NEEDS.REDUCED RENT OR EXCHANGE OF HOUSEHOLD CHORES/SERVICES FOR RENT (IN LIEU OF PAYMENT).
    Expenses $261,889

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
22-2893508
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
1989
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$372,114
Income (IRS master file)
$467,961

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$442,382$368,501$372,114XML
990December 2024$326,620$381,393$296,376IRS
990December 2023$281,773$309,167$360,596XML
990December 2022$249,877$240,148$396,622IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS
990December 2017–––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 22-2893508).

Questions about HOMESHARING PROGRAM OF SOMERSET COUNTY INC

What is the EIN of HOMESHARING PROGRAM OF SOMERSET COUNTY INC?
The employer identification number (EIN) of HOMESHARING PROGRAM OF SOMERSET COUNTY INC is 22-2893508.
Is HOMESHARING PROGRAM OF SOMERSET COUNTY INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1989.
Are donations to HOMESHARING PROGRAM OF SOMERSET COUNTY INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does HOMESHARING PROGRAM OF SOMERSET COUNTY 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 HOMESHARING PROGRAM OF SOMERSET COUNTY INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did HOMESHARING PROGRAM OF SOMERSET COUNTY INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of HOMESHARING PROGRAM OF SOMERSET COUNTY INC?
The 990 for the year ended December 31, 2025 names COLLEEN MCCARTHY.
Who are the officers and directors of HOMESHARING PROGRAM OF SOMERSET COUNTY INC?
The 990 for the year ended December 31, 2025 lists 12 people; 1 received compensation from the organization, the highest $84,622 (STEVEN NAGEL, EXECUTIVE DIRECTOR).
How much revenue does HOMESHARING PROGRAM OF SOMERSET COUNTY INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $442,382, expenses of $368,501 and total assets of $372,114 at year end.

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