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Nonprofit · EIN 31-0973498

HOMEBASE CINCINNATI

Tax-exempt · CINCINNATI, OH 45202

Financials

$1.9M$1.9M2024
Revenue Expenses · by fiscal year end
Financials of HOMEBASE CINCINNATI by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,893,541$1,886,553$6,988$709,389$693,220$16,169
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,556,058
of which government grants
$1,474,125
Membership dues
$7,987
Program service revenue
$330,360
Investment income
$9,660
Net income from fundraising events
-$2,537
Other revenue
-$2,537

Expenses

Grants and similar amounts paid
$1,513,909
Compensation of officers, directors and key employees
$107,082
Other salaries and wages
$173,602
Salaries, compensation and benefits (total)
$321,050
Professional fundraising fees
$0
Accounting fees
$20,513
Occupancy
$4,517
Travel
$3,078
Program services (functional)
$1,790,848
Management and general (functional)
$61,165
Fundraising (functional)
$34,540

Balance sheet and other

Total assets, start of year
$397,723
Total assets, end of year
$709,389
Total liabilities, end of year
$693,220
Net assets, end of year
$16,169
Net assets without donor restrictions
$16,169
Gross receipts
$1,903,960
Employees
10
Volunteers
8
Year formed
1979
State of legal domicile
OH

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.

NameTitleHours / weekCompensation
Rosa ChristophelEXECUTIVE DIR
Officer
40$103,317
Rob DenhamMember
Trustee or director
1$0
Brandon RuddMember
Trustee or director
1$0
Mike CappelPresident
Trustee or director, Officer
1$0
Matt BourgeoisMember
Trustee or director
1$0
Sarah ThomasSecretary
Trustee or director, Officer
1$0
Rachel HastingsMember
Trustee or director
1$0
Alexandria Barnes-PorterMember
Trustee or director
1$0
Kristen BakerMember
Trustee or director
1$0
Kathy SchwabTreasurer
Trustee or director, Officer
1$0
Kate GreeneVice President
Trustee or director, Officer
1$0
Hope WilsonMember
Trustee or director
1$0
Nathan PaszczykowskiMember
Trustee or director
1$0
Meredith WhiteheadMember
Trustee or director
1$0
Hayden ShelbyMember
Trustee or director
1$0

Address and contacts

Address (IRS master file)
1714 VINE STREET, CINCINNATI, OH 45202-4611
Principal officer (990 for 2024)
Mike Cappel, 1714 Vine Street, CINCINNATI, OH 45202
Signed the 990
Kate Greene, Board President
Phone
(513) 334-3689
Return prepared by
Locey Mitchell & Associates Ltd

Mission

WE STRENGTHEN ORGANIZATIONS THAT ENHANCE NEIGHBORHOODS THROUGH COMMUNITY BUILDING, HOUSING, AND ECONOMIC DEVELOPMENT.

990 for the year ended December 31, 2024

Program accomplishments

  • HomeBase is the administrator of the Operating Support Program which is supported by Federal Community Development Block Grant, City of Cincinnati General Funds, and Federal HOME dollars. The program is designed to provide operational support to member CDCs with the intention of capacity building.
    Expenses $1,362,867 · grants $1,152,112 · revenue $199,241
  • The Neighborhood Voluntary Tax Incentive Contribution Agreement (VTICA) is part of the City of Cincinnatis Community Reinvestment Area CRA) Program in which commercial tax abatement recipients contribute 15% of the value of a development tax incentive back to affordable housing (7.5%) and neighborhood quality of life projects (7.5%). The purpose of Neighborhood VTICA funds are to improve the quality of life within a neighborhood. HomeBase Cincinnati administers the Neighborhood VTICA program and the portion of funding allocated to neighborhood quality of life projects. The amount of money individual neighborhoods have available is based on how many new developments, with a CRA that includes a VTICA, come to that neighborhood. Under the current ordinance, the Neighborhood VTICA funding must be used within the neighborhood for which the funding was collected and cannot be combined and shared with other neighborhoods. (See Section 8 of City Ordinance 275 - 2017). For downtown and Over-the-Rhine projects, VTICA payments fund the Streetcar. Therefore, the neighborhood funds are to be used for community improvements in neighborhoods outside of downtown and Over-the-Rhine.
    Expenses $379,061 · grants $320,442 · revenue $56,119
  • The Quick Strike Fund provides financial assistance for real property acquisition and acquisition related costs in Cincinnati neighborhoods. The program is designed to support non-profit CDC organizations in securing critical sites in Cincinnati neighborhoods to maintain housing supply and/or cause a redevelopment project that will have a significant impact on the neighborhood.The City of Cincinnati provided the initial funding for the program in December 2023.
    Expenses $21,920 · grants $18,530 · revenue $75,000
  • DAP, Backoffice and Training Grants
    Expenses $27,000 · grants $22,825

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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
31-0973498
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1980
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$709,389
Income (IRS master file)
$1,903,960

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024–––IRS
990December 2023$3,280,996$3,324,668$397,723IRS
990December 2022$1,416,316$1,396,119$1,801,665IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about HOMEBASE CINCINNATI

What is the EIN of HOMEBASE CINCINNATI?
The employer identification number (EIN) of HOMEBASE CINCINNATI is 31-0973498.
Is HOMEBASE CINCINNATI tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1980.
Are donations to HOMEBASE CINCINNATI tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does HOMEBASE CINCINNATI 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 HOMEBASE CINCINNATI 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 HOMEBASE CINCINNATI 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 HOMEBASE CINCINNATI?
The 990 for the year ended December 31, 2024 names Mike Cappel.
Who are the officers and directors of HOMEBASE CINCINNATI?
The 990 for the year ended December 31, 2024 lists 15 people; 1 received compensation from the organization, the highest $103,317 (Rosa Christophel, EXECUTIVE DIR).
How much revenue does HOMEBASE CINCINNATI have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,893,541, expenses of $1,886,553 and total assets of $709,389 at year end.

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