Nonprofit · EIN 26-0680550
THE HOMESTEAD COMMUNITY
Tax-exempt · GIG HARBOR, WA 98335
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $263,029 | $144,018 | $119,011 | $1,526,058 | $418,120 | $1,107,938 |
| December 31, 2024 | 990 | $287,560 | $132,994 | $154,566 | $1,584,341 | $595,414 | $988,927 |
| December 31, 2023 | 990 | $534,771 | $78,241 | $456,530 | $1,017,318 | $182,957 | $834,361 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $135,692
- Program service revenue
- $81,909
- Investment income
- $5,258
- Net income from fundraising events
- $36,812
- Net income from sales of inventory
- $3,358
- Other revenue
- $40,170
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
- Depreciation
- $44,982
- Program services (functional)
- $126,215
- Management and general (functional)
- $17,803
Balance sheet and other
- Total assets, start of year
- $1,584,341
- Total assets, end of year
- $1,526,058
- Total liabilities, end of year
- $418,120
- Net assets, end of year
- $1,107,938
- Land, buildings and equipment
- $1,350,754
- Net assets without donor restrictions
- $1,107,938
- Gross receipts
- $266,527
- Employees
- 0
- Year formed
- 2008
- State of legal domicile
- WA
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SUE BRAATEN | President Trustee or director | 25 | $0 |
| SHIELA OFF | Vice President Trustee or director | 15 | $0 |
| COLLEEN BOND | Treasurer Trustee or director | 15 | $0 |
| KATHY HEEREMA | Director Trustee or director | 5 | $0 |
| MICHELLE WOODS | Director Trustee or director | 10 | $0 |
| BROOKE MURPHY | Director Trustee or director | 5 | $0 |
| CLARA BALLASIOTES | Secretary Trustee or director | 5 | $0 |
990 for the year ended December 31, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SUE BRAATEN | President Trustee or director | 20 | $0 |
| SHIELA OFF | Vice President Trustee or director | 15 | $0 |
| COLLEEN BOND | Treasurer Trustee or director | 15 | $0 |
| KATHY HEEREMA | Director Trustee or director | 5 | $0 |
| MICHELLE WOODS | Director Trustee or director | 10 | $0 |
| BROOKE MURPHY | Director Trustee or director | 5 | $0 |
| CLARA BALLASIOTES | Secretary Trustee or director | 5 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SUE BRAATEN | President Trustee or director | 20 | $0 |
| SHIELA OFF | Vice President Trustee or director | 15 | $0 |
| COLLEEN BOND | Treasurer Trustee or director | 15 | $0 |
| KATHY HEEREMA | Director Trustee or director | 5 | $0 |
| MICHELLE WOODS | Director Trustee or director | 10 | $0 |
| BROOKE MURPHY | Director Trustee or director | 5 | $0 |
| CLARA BALLASIOTES | Director Trustee or director | 5 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1955, GIG HARBOR, WA 98335-3955
- In care of
- % COLLEEN BOND
- Mailing address (990-N for 2017)
- PO Box 1955, Gig Harbor WA 98335
- Principal officer (990 for 2025)
- SUE BRAATEN, PO Box 1955, Gig Harbor, WA 98335
- Principal officer (990-N for 2017)
- Sue Braaten, 8802 Randall Dr NW, Gig Harbor WA 98332
- Signed the 990
- COLLEEN BOND, Treasurer
- Phone
- (253) 222-3108
- Website
- www.homesteadcommunity.org
- Return prepared by
- Brooke A Murphy CPA
Mission
The Homestead Community's mission is to provide housing & resources for foster families and children in foster care.
Program accomplishments
- Rental Property for Foster Care Families The Homestead Community operates three residential rental properties dedicated to supporting families providing foster care. By offering affordable, stable housing, the organization helps foster families maintain safe and suitable homes for children in their care, reducing financial barriers and promoting long-term placement stability and family well-being.Expenses $112,752 · revenue $77,394
- Care Supplies and Support for Foster Families and Children in Foster Care The Homestead Community provides direct assistance to foster families and children in foster care through essential supplies and support services tailored to individual family needs. Assistance may include groceries, children's clothing, birthday gift cards, translation services, and other resources that reduce financial hardship, strengthen foster family stability, and promote the health, well-being, and successful placement of children in foster care.Expenses $10,335
- Christmas Party and Gifts for Children in Foster Care The Homestead Community hosts an annual Christmas celebration for children in foster care and their foster families, providing a welcoming opportunity for families to gather, celebrate, and build community. The event includes holiday activities, refreshments, and the distribution of age-appropriate gifts to children in foster care.Expenses $3,128 · revenue $4,515
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 | 990 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
- 26-0680550
- 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
- 2008
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P73)
- Assets (IRS master file)
- $1,526,058
- Income (IRS master file)
- $266,527
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $263,029 | $144,018 | $1,526,058 | XML |
| 990 | December 2024 | $287,560 | $132,994 | $1,584,341 | IRS |
| 990 | December 2023 | $534,771 | $78,241 | $1,017,318 | XML |
| 990 | December 2022 | $126,408 | $40,952 | $564,903 | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
| 990-N for 2017 Officer: Sue Braaten | December 31, 2017 | ≤ $50,000 receipts | – | – | e-Postcard |
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 26-0680550).
Questions about THE HOMESTEAD COMMUNITY
- What is the EIN of THE HOMESTEAD COMMUNITY?
- The employer identification number (EIN) of THE HOMESTEAD COMMUNITY is 26-0680550.
- Is THE HOMESTEAD COMMUNITY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
- Are donations to THE HOMESTEAD COMMUNITY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THE HOMESTEAD COMMUNITY 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 THE HOMESTEAD COMMUNITY 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 THE HOMESTEAD COMMUNITY 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 THE HOMESTEAD COMMUNITY?
- The 990 for the year ended December 31, 2025 names SUE BRAATEN.
- Who are the officers and directors of THE HOMESTEAD COMMUNITY?
- The 990 for the year ended December 31, 2025 lists 7 people; 0 received compensation from the organization.
- How much revenue does THE HOMESTEAD COMMUNITY have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $263,029, expenses of $144,018 and total assets of $1,526,058 at year end.
Other nonprofits in GIG HARBOR
- MOUNTAIN MEADOWS INC EIN 91-1792694 · last filed 990 for 2025
- TAHOMA ASSOCIATES EIN 91-0894347 · last filed 990 for 2024
- GIG HARBOR PENINSULA FISH EIN 91-1307991 · last filed 990 for 2025
- FOOD BACKPACKS 4 KIDS EIN 80-0600633 · last filed 990 for 2025
- A PLACE CALLED HOPE EIN 20-4199833 · last filed 990 for 2018
- LITTLE STEPS CHRISTIAN CHILDCARE OF GIG HARBOR EIN 87-4092268 · last filed 990 for 2024
- SYCHAR SPRINGS INTERNATIONAL EIN 88-1155807 · last filed 990 for 2024
- PARENTEEN EIN 68-0486109 · last filed 990 for 2025