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Nonprofit · EIN 36-4143938

NW HOMESTART INC

Tax-exempt · FREEPORT, IL 61032

Financials

$342K$705K2022$280K$342K2023
Revenue Expenses · by fiscal year end
Financials of NW HOMESTART INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2023990$279,686$341,942-$62,256$830,034$64,203$765,831
December 31, 2022990$341,590$705,031-$363,441$1,087,461$259,374$828,087
Financial details: 990 for the year ended December 31, 2023

Revenue

Contributions, gifts and grants
$261,838
Program service revenue
-$4,357
Investment income
$6,991
Other revenue
$15,214

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$152,357
Salaries, compensation and benefits (total)
$175,926
Professional fundraising fees
$0
Accounting fees
$15
Travel
$1,289
Depreciation
$29,182
Program services (functional)
$195,445
Management and general (functional)
$146,497

Balance sheet and other

Total assets, start of year
$1,087,461
Total assets, end of year
$830,034
Total liabilities, end of year
$64,203
Net assets, end of year
$765,831
Land, buildings and equipment
$327,874
Net assets without donor restrictions
$530,153
Net assets with donor restrictions
$235,678
Gross receipts
$279,686
Employees
16

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, 2023, highest compensation first.

NameTitleHours / weekCompensation
SOFIA BUCHNANDIRECTOR
Trustee or director
–$0
THOMAS CROSSDIRECTOR
Trustee or director
–$0
BJORN HULLEBERGDIRECTOR
Trustee or director
–$0
DANICA KEETONDIRECTOR
Trustee or director
–$0
BRANDON KRUSEVICE-PRESIDE
Trustee or director, Officer
–$0
KELVIN MCILWAINPRESIDENT
Trustee or director, Officer
–$0
ANNE SADLERASST SECRETA
Trustee or director, Officer
–$0
CESAR SANCHEZTREASURER
Trustee or director, Officer
–$0
ARNETTE SIMMONSDIRECTOR
Trustee or director
–$0
PHIL SIMTHDIRECTOR
Trustee or director
–$0
GINGER SREENANDIRECTOR
Trustee or director
–$0
VANESSA STANTONDIRECTOR
Trustee or director
–$0
ASHLEY WILLIAMSSECRETARY
Trustee or director, Officer
–$0
CLAIRE REESEXECUTIVE DI
Officer
–$0
990 for the year ended December 31, 2022: 14 people
NameTitleHours / weekCompensation
CLAIRE REESEXECUTIVE DI
Officer
40$34,924
SOFIA BUCHNANDIRECTOR
Trustee or director
–$0
THOMAS CROSSDIRECTOR
Trustee or director
–$0
BJORN HULLEBERGDIRECTOR
Trustee or director
–$0
DANICA KEETONDIRECTOR
Trustee or director
–$0
BRANDON KRUSEVICE-PRESIDE
Trustee or director, Officer
–$0
KELVIN MCILWAINPRESIDENT
Trustee or director, Officer
–$0
ANNE SADLERASST SECRETA
Trustee or director, Officer
–$0
CESAR SANCHEZTREASURER
Trustee or director, Officer
–$0
ARNETTE SIMMONSDIRECTOR
Trustee or director
–$0
PHIL SIMTHDIRECTOR
Trustee or director
–$0
GINGER SREENANDIRECTOR
Trustee or director
–$0
VANESSA STANTONDIRECTOR
Trustee or director
–$0
ASHLEY WILLIAMSSECRETARY
Trustee or director, Officer
–$0

Address and contacts

Address (IRS master file)
307 W MAIN ST, FREEPORT, IL 61032-4314
Principal officer (990 for 2023)
CLAIRE REES, 307 W MAIN ST, FREEPORT, IL 61032
Signed the 990
CLAIRE REES, EXECUTIVE DIRECTOR
Phone
(815) 232-6197
Return prepared by
DBS ACCOUNTING & MGMT SERV INC

Mission

LEADING NEIGHBORHOOD BASED SOLUTIONS, CONNECTING PEOPLE TO HOUSING RESOURCES THAT LEAD TO EQUITABLE COMMUNITIES AND FINANCIAL EMPOWERMENT.

990 for the year ended December 31, 2023

Program accomplishments

  • HOME OWNER PRESERVATION: HOMESTART ASSISTS PEOPLE WHO ARE FACING FORECLOSURE, WE WORK WITH PEOPLE TO FIND A POSITIVE RESOLUTION TO THEIR FORECLOSURE. HOMESTART ACTIVELY HELPED FAMILIES AVOID FORCLOSURES WITH REHABILITATION GRANTS IN ROCKFORD, FREEPORT AND BELVIDERE.
    Expenses $195,445 · revenue $257,481

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, 2025Not on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
36-4143938
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
1997
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$830,034
Income (IRS master file)
$279,686

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2023$279,686$341,942$830,034XML
990December 2022$341,590$705,031$1,087,461XML
990December 2021–––IRS
990December 2020–––IRS
990-TDecember 2020–––IRS
990December 2018–––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 36-4143938).

Questions about NW HOMESTART INC

What is the EIN of NW HOMESTART INC?
The employer identification number (EIN) of NW HOMESTART INC is 36-4143938.
Is NW HOMESTART INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
Are donations to NW HOMESTART INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does NW HOMESTART 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 NW HOMESTART INC 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 NW HOMESTART INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2023.
Who is the principal officer of NW HOMESTART INC?
The 990 for the year ended December 31, 2023 names CLAIRE REES.
Who are the officers and directors of NW HOMESTART INC?
The 990 for the year ended December 31, 2023 lists 14 people; 0 received compensation from the organization.
How much revenue does NW HOMESTART INC have?
On its 990 for the year ended December 31, 2023 it reported revenue of $279,686, expenses of $341,942 and total assets of $830,034 at year end.

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