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Nonprofit · EIN 52-1901220

HOMES FOR AMERICA INC

Tax-exempt · ANNAPOLIS, MD 21401

Financials

$7M$4.8M2022$5.2M$6.5M2023$15.7M$5.2M2024
Revenue Expenses · by fiscal year end
Financials of HOMES FOR AMERICA INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
March 31, 2025990$15,747,373$5,152,548$10,594,825$50,047,130$7,627,497$42,419,633
March 31, 2024990$5,232,794$6,451,899-$1,219,105$42,343,104$10,490,494$31,852,610
March 31, 2023990$7,015,981$4,793,598$2,222,383$36,520,580$3,913,426$32,607,154
Financial details: 990 for the year ended March 31, 2025

Revenue

Contributions, gifts and grants
$2,561,212
of which government grants
$1,425,232
Program service revenue
$12,307,693
Investment income
$878,468
Other revenue
$0

Expenses

Grants and similar amounts paid
$1,393,740
Compensation of officers, directors and key employees
$613,744
Other salaries and wages
$1,360,428
Salaries, compensation and benefits (total)
$2,434,659
Professional fundraising fees
$0
Accounting fees
$72,853
Occupancy
$289,761
Travel
$83,788
Depreciation
$29,950
Program services (functional)
$4,488,711
Management and general (functional)
$663,837

Balance sheet and other

Total assets, start of year
$42,343,104
Total assets, end of year
$50,047,130
Total liabilities, end of year
$7,627,497
Net assets, end of year
$42,419,633
Land, buildings and equipment
$408,459
Publicly traded securities
$2,126,318
Net assets without donor restrictions
$42,419,633
Gross receipts
$15,747,373
Employees
24
Volunteers
12
Year formed
1994
State of legal domicile
MD

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 March 31, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
DANA JOHNSONPRESIDENT & CEO
Officer
40$253,244$34,506
JOLLY BURKSVICE PRESIDENT & CFO
Officer
40$218,634$30,673
W ANDREW HANSONVICE PRESIDENT
Officer
40$198,150$32,204
DENISE FAZIODEVELOPMENT DIRECTOR
Highest-paid employee
40$165,451$28,689
JULIE MCCABEVP SERVICE ENHANCED HOUSING
Highest-paid employee
40$147,818$20,587
LINDSAY THOMPSONDIRECTOR, DESIGN & CONSTRUCTION
Highest-paid employee
40$128,946$32,297
DEEPTHI JAINDEVELOPMENT DIRECTOR
Highest-paid employee
40$147,649$12,131
DANIELLE ENGLANDVICE PRESIDENT, PORTFOLIO MANAGEMENT
Highest-paid employee
40$139,864$10,978
BETHANY HOOPERDIRECTOR (AS OF 2/20/25)
Trustee or director
0.5$0$0
CHICKIE GRAYSONSECRETARY & DIRECTOR
Trustee or director, Officer
0.5$0$0
ELIZABETH SCOTT GLENDIRECTOR
Trustee or director
0.5$0$0
ERIC BROWNDIRECTOR
Trustee or director
0.5$0$0
GRAYLIN SMITHDIRECTOR
Trustee or director
0.5$0$0
JAMES I HUMPHREY JRDIRECTOR (THRU 12/31/24)
Trustee or director
0.5$0$0
JEFFREY R STERNCHAIRMAN & DIRECTOR
Trustee or director, Officer
0.5$0$0
6 more people on this return
NameTitleHours / weekCompensation
KIMBERLY FRYDIRECTOR
Trustee or director
0.5$0
LESSIE POWELL EVANSDIRECTOR
Trustee or director
0.5$0
PATRICK SHERIDANDIRECTOR
Trustee or director
0.5$0
SAUL GILSTEINTREASURER & DIRECTOR
Trustee or director, Officer
0.5$0
SHELLEY MURPHY MCCABEVICE CHAIRMAN & DIRECTOR
Trustee or director, Officer
0.5$0
SUSAN FRANKDIRECTOR
Trustee or director
0.5$0
990 for the year ended March 31, 2024: 24 people
NameTitleHours / weekCompensationOther / benefits
DANA JOHNSONPRESIDENT & CEO
Officer
40$242,496$27,109
JOLLY BURKSVICE PRESIDENT & CFO
Officer
40$211,517$24,378
W ANDREW HANSONVICE PRESIDENT
Officer
40$193,797$23,160
DANIEL LUKOMSKY THRU 11-22-2023VICE PRESIDENT, PORTFOLIO MANAGEMENT
Highest-paid employee
40$178,945$9,686
DENISE FAZIODEVELOPMENT DIRECTOR
Highest-paid employee
40$160,872$24,340
JULIE MCCABEVICE PRESIDENT SERVICE ENHANCED HOUSING
Highest-paid employee
40$143,158$16,237
MARY SMITHCONTROLLER
Highest-paid employee
40$135,910$23,472
LINDSAY THOMPSONDIRECTOR, DESIGN AND CONSTRUCTION
Highest-paid employee
40$125,914$28,130
DANIELLE ENGLAND EFF 12-01-2023VICE PRESIDENT, PORTFOLIO MANAGEMENT
Highest-paid employee
40$102,186$12,796
VICKY GRIMDEVELOPMENT ASSOCIATE
Highest-paid employee
40$105,693$6,041
DEEPTHI JAINDEVELOPMENT DIRECTOR
Highest-paid employee
40$104,250$838
MICHAEL BODAKEN THRU 3-28-2024VICE CHAIRMAN & DIRECTOR
Trustee or director, Officer
0.5$0$0
ERIC BROWNDIRECTOR
Trustee or director
0.5$0$0
SAUL GILSTEINTREASURER & DIRECTOR
Trustee or director, Officer
0.5$0$0
LESSIE POWELL EVANSDIRECTOR
Trustee or director
0.5$0$0
SUSAN FRANKDIRECTOR
Trustee or director
0.5$0$0
ELIZABETH SCOTT GLENDIRECTOR
Trustee or director
0.5$0$0
CHICKIE GRAYSONSECRETARY & DIRECTOR
Trustee or director, Officer
0.5$0$0
JAMES I HUMPHREY JRDIRECTOR
Trustee or director
0.5$0$0
PATRICK SHERIDANDIRECTOR
Trustee or director
0.5$0$0
JEFFREY R STERNCHAIRMAN & DIRECTOR
Trustee or director
0.5$0$0
KIMBERLY FRYDIRECTOR
Trustee or director, Officer
0.5$0$0
SHELLEY MURPHY MCCABEV.CHAIR.EFF 3-28-24, DIR.EFF 6-11-23
Trustee or director
0.5$0$0
GRAYLIN SMITH EFFECTIVE 4-18-23DIRECTOR
Trustee or director
0.5$0$0
990 for the year ended March 31, 2023: 24 people
NameTitleHours / weekCompensationOther / benefits
DANA JOHNSONPRESIDENT & CEO
Officer
40$233,207$33,147
JOLLY BURKSVICE PRESIDENT & CFO
Officer
40$203,001$27,126
DIANE CLYDEEXEC. VICE PRESIDENT THRU 12-14-22
Officer
40$208,181$15,136
JULIE MCCABEVP SERVICE ENHANCED HOUSING
Highest-paid employee
40$137,549$17,998
MARY SMITHCONTROLLER
Highest-paid employee
40$129,745$25,418
LINDSAY THOMPSONDIRECTOR, DESIGN AND CONSTRUCTION
Highest-paid employee
40$120,643$27,690
DENISE FAZIODEVELOPMENT DIRECTOR
Highest-paid employee
40$127,950$16,274
VICKY GRIMDEVELOPMENT ASSOCIATE
Highest-paid employee
40$101,342$7,738
TRUDY PARISA MCFALLFORMER CHAIRMAN & DIR., THRU 1-19-22
Trustee or director, Officer
0$80,740$5,690
W ANDREW HANSONVICE PRESIDENT, EFF. 12-15-22
Officer
40$48,430$10,499
MICHAEL BODAKENVICE CHAIRMAN & DIRECTOR
Trustee or director, Officer
0.5$0$0
ERIC BROWNDIRECTOR
Trustee or director
0.5$0$0
SAUL GILSTEINDIR. EFF 5-31-22, TREAS. EFF 3-30-23
Trustee or director, Officer
0.5$0$0
CHARLES L EDSONDIRECTOR, THRU 7-26-22
Trustee or director
0.5$0$0
LESSIE POWELL EVANSDIRECTOR
Trustee or director
0.5$0$0
SUSAN FRANKDIRECTOR
Trustee or director
0.5$0$0
ELIZABETH SCOTT GLENDIRECTOR
Trustee or director
0.5$0$0
CHICKIE GRAYSONSECRETARY & DIRECTOR
Trustee or director, Officer
0.5$0$0
JAMES I HUMPHREY JRDIRECTOR
Trustee or director
0.5$0$0
THOMAS LANTZTREASURER & DIRECTOR, THRU 3-30-23
Trustee or director, Officer
0.5$0$0
RICHARD L MOSTYNDIRECTOR, THRU 7-26-22
Trustee or director
0.5$0$0
PATRICK SHERIDANDIRECTOR
Trustee or director
0$0$0
JEFFREY R STERNCHAIRMAN & DIRECTOR
Trustee or director, Officer
0.5$0$0
KIMBERLY FRYDIRECTOR, EFF 5-31-22
Trustee or director
0.5$0$0

Address and contacts

Address (IRS master file)
175 ADMIRAL COCHRANE DR, ANNAPOLIS, MD 21401-7316
In care of
% DANA JOHNSON
Principal officer (990 for 2024)
DANA JOHNSON, 175 ADMIRAL COCHRANE DRIVE STE402, ANNAPOLIS, MD 21401
Signed the 990
DANA JOHNSON, PRESIDENT AND CEO
Phone
(410) 269-1222
Return prepared by
COHNREZNICK ADVISORY LLC

Mission

HOMES FOR AMERICA, INC. WAS INCORPORATED FOR THE PURPOSE OF DEVELOPING AND PRESERVING HOUSING FOR LOW AND MODERATE INCOME HOUSEHOLDS AND SPECIAL NEEDS POPULATIONS.

990 for the year ended March 31, 2025

Program accomplishments

  • SEE SCHEDULE OHOMES FOR AMERICA CARRIED OUT ITS MISSION BY SERVING 7,316 LOW INCOME PERSONS IN ITS RENTAL COMMUNITIES. THE AVERAGE INCOME OF HOUSEHOLDS IN COMMUNITIES THAT ARE AGE RESTRICTED TO SENIORS 62 YEARS AND OLDER WAS $24,449. THE AVERAGE INCOME OF HOUSEHOLDS IN GENERAL OCCUPANCY HOUSING WAS $27,716.HOMES FOR AMERICA DEVELOPMENT ACTIVITIES INCLUDED THE FOLLOWING: 1. CONTINUED REHABILITATION OF A 154 UNIT FAMILY PROPERTY, IN BALTIMORE, MARYLAND. 2. FULLY LEASED A 163 UNIT NEW CONSTRUCTION SENIOR PROPERTY IN OXON HILL, MARYLAND. 3. RECEIVED 9% TAX CREDIT AWARD FOR THE RENOVATION OF A 50 UNIT PROPERTY IN BRIDGEVILLE, DELAWARE. 4. RECEIVED 9% TAX CREDIT AWARD FOR A 60 UNIT NEW CONSTRUCTION PROJECT IN GLEN BURNIE, MARYLAND.HOMES FOR AMERICA ALSO PROVIDED ASSET MANAGEMENT SERVICES FOR 66 COMMUNITIES IN THE ORGANIZATION'S PORTFOLIO; THE ORGANIZATION PERFORMS REGULAR SITE INSPECTIONS, MONITORS INSURANCE POLICIES AND CLOSELY TRACKS ALL FINANCIAL AND OPERATING ASPECTS OF ITS PROPERTIES DURING LEASE UP AND OPERATIONS. KEY ASSET MANAGEMENT ACCOMPLISHMENTS DURING THE YEAR INCLUDED: 1. CONTINUED THE PRACTICE OF MAKING THE PORTFOLIO MORE ENERGY EFFICIENT AND EXECUTED GRANT AGREEMENTS FOR ENERGY CONSERVATION IMPROVEMENTS FOR THREE PROPERTIES. 2. REFINANCED TWO PROPERTIES, ONE IN SALISBURY, MD AND ONE IN ANNAPOLIS, MARYLAND, LOWERING THE INTEREST RATE AND PROVIDING FUNDS TO IMPROVE THE PROPERTY. 3. SOLD THREE HOMES TO COMMUNITY RESIDENTS OF AN ORIGINAL 56 UNIT LEASE PURCHASE PROPERTY IN ANNAPOLIS, MARYLAND LEAVING 34 UNITS REMAINING.THE FOCUS FOR RESIDENT SERVICES FOR FY 2025 WAS TO CONTINUE TO ENGAGE RESIDENTS IN ON-SITE PROGRAMMING IN THE AREAS OF HEALTH AND WELLNESS, NUTRITIONAL SERVICES, SOCIALIZATION, EDUCATION, FINANCIAL ASSISTANCE, COMMUNITY CONNECTIVITY, DIGITAL ACCESS, AND SAFETY AND SECURITY. HEALTH AND WELLNESS PROGRAMMING HAS CONTINUED INCLUDING MOBILE HEALTH AND VACCINATION CLINICS, EXERCISE CLASSES, AND MENTAL HEALTH WORKSHOPS. NUTRITIONAL SERVICES ARE PROVIDED IN THE FORM OF ON-SITE FOOD PANTRIES, MONTHLY FOOD DONATIONS, MOBILE GROCERY DELIVERY, AND COMMUNITY MEALS. HOMES FOR AMERICA HAS CONTINUED TO INCREASE ACCESS TO FREE HIGH-SPEED BROADBAND INTERNET FOR RESIDENTS IN 3 ADDITIONAL COMMUNITIES TOTALING 228 UNITS. SAFETY AND SECURITY WERE ENHANCED ACROSS THE PORTFOLIO BY INCREASING AND UPDATING CAMERA SYSTEMS, SECURITY PATROLS, AND ENHANCED PARTNERSHIPS WITH LOCAL POLICE DEPARTMENTS. PROGRAMMING FOR YOUTH WAS PRIORITIZED WITH AFTER SCHOOL PROGRAMMING, ON AND OFF-SITE SUMMER CAMPS, AND HOMEWORK CLUBS. IN ADDITION, WE ENHANCED PARTNERSHIPS WITH LOCAL SOCIAL SERVICE AGENCIES TO PROVIDE CASE MANAGEMENT TO TWO COMMUNITIES.
    Expenses $3,981,194 · grants $1,393,740 · revenue $2,725,486
  • SEE SCHEDULE O HOMES FOR AMERICA, IS THE SOLE MEMBER OF HOMES FOR BRIDGEVILLE, LLC, WHICH IS INCLUDED HEREIN. HOMES FOR BRIDGEVILLE, LLC, A 50-UNIT APARTMENT COMMUNITY, HAS FAMILY SERVICE AND PROGRAM ACTIVITIES WHICH HAVE HISTORICALLY INCLUDED A MOBILE HEALTH CLINIC, SOCIAL AND RECREATIONAL PROGRAMS, WEEKLY SUMMER CAMP OPPORTUNITIES WITH TRANSPORTATION, REFERRALS FOR HEALTH RESOURCES, NUTRITION AND RENTAL ASSISTANCE AND A MONTHLY MOBILE FOOD PANTRY. ADDITIONALLY, A COMPUTER LAB IS OPEN FOR ALL RESIDENTS AND PUBLIC TRANSPORTATION IS AVAILABLE NEAR THE ENTRANCE OF THE COMMUNITY.
    Expenses $507,517 · revenue $424,141
  • SEE SCHEDULE O HOMES FOR AMERICA, INC. IS THE SOLE MEMBER OF SEVERAL LLC'S WHICH ARE INCLUDED HEREIN. CORNER HOUSE HFA, LLC HOLDS AN INVESTMENT IN FOUNTAIN PLACE ASSOCIATES LIMITED PARTNERSHIP, BAY FOREST HFA LLC HOLDS AN INVESTMENT IN HOMES FOR ANNAPOLIS LIMITED PARTNERSHIP, GATEWAY VILLAGE I HFA, LLC HOLDS AN INVESTMENT IN SALISBURY SENIOR HOUSING LIMITED PARTNERSHIP, AND HFA Y15LP LLC HOLDS AN INVESTMENT IN CHESTNUT SQUARE LIMITED PARTNERSHIP, ESSEX HOUSE LIMITED PARTNERSHIP, GLENBURN ASSOCIATES LIMITED PARTNERSHIP, HOMES AT BERLIN LIMITED PARTNERSHIP, HOMES FOR CAMBRIDGE LIMITED PARTNERSHIP, DARBYTOWN MEADOWS LLC, SENIOR COTTAGES OF SHIPPENSBURG, LTD., GATEWAY VILLAGE II LIMITED PARTNERSHIP, GATEWAY VILLAGE III LIMITED PARTNERSHIP, VILLAGE HOUSE ASSOCIATES LIMITED PARTNERSHIP, CLARE COURT, LP, HOMES FOR CHAMBERSBURG, LP, HOMES FOR GREENSPRING, LP, MITCHELL POND, LP, CHAPLINE ASSOCIATES, L.P, CHAPLINE ASSOCIATES II, L.P., AND HOMES FOR WALBROOK LP.
    revenue $9,657,676

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 March, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025March 31, 2026August 17, 2026Not on file
2024March 31, 2025August 15, 2025990 on file
2023March 31, 2024August 15, 2024990 on file

IRS record

EIN
52-1901220
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
1995
Accounting year ends
March
Files
Form 990 or 990-EZ
Assets (IRS master file)
$50,047,130
Income (IRS master file)
$15,747,373

Filing history

FormYear endedRevenueExpensesAssetsReturn
990March 2025$15,747,373$5,152,548$50,047,130XML
990March 2024$5,232,794$6,451,899$42,343,104XML
990March 2023$7,015,981$4,793,598$36,520,580XML
990March 2022$10,186,621$4,428,733$33,991,343IRS
990March 2021–––IRS
990March 2020–––IRS
990March 2019–––IRS
990March 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 52-1901220).

Questions about HOMES FOR AMERICA INC

What is the EIN of HOMES FOR AMERICA INC?
The employer identification number (EIN) of HOMES FOR AMERICA INC is 52-1901220.
Is HOMES FOR AMERICA INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
Are donations to HOMES FOR AMERICA INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does HOMES FOR AMERICA 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 HOMES FOR AMERICA INC due?
The return for tax year 2025 (the year ending March 31, 2026) is due August 17, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did HOMES FOR AMERICA INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended March 2025.
Who is the principal officer of HOMES FOR AMERICA INC?
The 990 for the year ended March 31, 2025 names DANA JOHNSON.
Who are the officers and directors of HOMES FOR AMERICA INC?
The 990 for the year ended March 31, 2025 lists 21 people; 8 received compensation from the organization, the highest $253,244 (DANA JOHNSON, PRESIDENT & CEO).
How much revenue does HOMES FOR AMERICA INC have?
On its 990 for the year ended March 31, 2025 it reported revenue of $15,747,373, expenses of $5,152,548 and total assets of $50,047,130 at year end.

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