Nonprofit · EIN 31-0973498
HOMEBASE CINCINNATI
Tax-exempt · CINCINNATI, OH 45202
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Rosa Christophel | EXECUTIVE DIR Officer | 40 | $103,317 |
| Rob Denham | Member Trustee or director | 1 | $0 |
| Brandon Rudd | Member Trustee or director | 1 | $0 |
| Mike Cappel | President Trustee or director, Officer | 1 | $0 |
| Matt Bourgeois | Member Trustee or director | 1 | $0 |
| Sarah Thomas | Secretary Trustee or director, Officer | 1 | $0 |
| Rachel Hastings | Member Trustee or director | 1 | $0 |
| Alexandria Barnes-Porter | Member Trustee or director | 1 | $0 |
| Kristen Baker | Member Trustee or director | 1 | $0 |
| Kathy Schwab | Treasurer Trustee or director, Officer | 1 | $0 |
| Kate Greene | Vice President Trustee or director, Officer | 1 | $0 |
| Hope Wilson | Member Trustee or director | 1 | $0 |
| Nathan Paszczykowski | Member Trustee or director | 1 | $0 |
| Meredith Whitehead | Member Trustee or director | 1 | $0 |
| Hayden Shelby | Member 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.
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 GrantsExpenses $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 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
- 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
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $3,280,996 | $3,324,668 | $397,723 | IRS |
| 990 | December 2022 | $1,416,316 | $1,396,119 | $1,801,665 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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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