Nonprofit · EIN 85-4134903
HOMESERVICES FOUNDATION FOR HOUSING EQUITY
Tax-exempt · EDINA, MN 55435
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $8,680 | $120,170 | -$111,490 | $165,093 | $0 | $165,093 |
| December 31, 2023 | 990 | $230,609 | $20,701 | $209,908 | $276,583 | $0 | $276,583 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $8,680
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $115,000
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $2,200
- Program services (functional)
- $115,000
- Management and general (functional)
- $5,170
Balance sheet and other
- Total assets, start of year
- $276,583
- Total assets, end of year
- $165,093
- Total liabilities, end of year
- $0
- Net assets, end of year
- $165,093
- Gross receipts
- $8,680
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2020
- State of legal domicile
- MN
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 |
|---|---|---|---|
| FABIAN GAYOSSO | BOARD MEMBER Trustee or director | 2.5 | $0 |
| APRIL ALEXANDER | CHAIRPERSON Trustee or director | 2.5 | $0 |
| GRETCHEN ROSENBERG | BOARD MEMBER Trustee or director | 2.5 | $0 |
| TERESA PALACIOS SMITH | VICE CHAIRPERSON Trustee or director | 2.5 | $0 |
| CORY ABRAHAMSON | TREASURER Trustee or director, Officer | 2.5 | $0 |
| HERB COHN | BOARD MEMBER Trustee or director | 2.5 | $0 |
| ASHOO SHARMA | BOARD MEMBER Trustee or director | 2.5 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DANA STRANDMO | CEO Trustee or director, Officer | 2.5 | $0 |
| MIKE BROWNE | DIRECTOR-GOVERNANCE Trustee or director, Officer | 2.5 | $0 |
| FABIAN GAYOSSO | DIRECTOR-MARKETING Trustee or director | 2.5 | $0 |
| APRIL ALEXANDER | DIRECTOR-GRANTS Trustee or director | 2.5 | $0 |
| DESRIE VAN PUTTEN | DIRECTOR-EDUCATION Trustee or director | 2.5 | $0 |
| GRETCHEN ROSENBERG | DIRECTOR-FUNDRAISING Trustee or director | 2.5 | $0 |
| ALEX SEAVALL | CFO Trustee or director, Officer | 2.5 | $0 |
Address and contacts
- Address (IRS master file)
- 6800 FRANCE AVE S STE 610, EDINA, MN 55435-2015
- In care of
- % MICHAEL BROWNE
- Principal officer (990 for 2024)
- APRIL ALEXANDER, 6800 FRANCE AVENUE STE 610, EDINA, MN 55435
- Signed the 990
- APRIL ALEXANDER, CHAIRPERSON
- Phone
- (612) 336-5113
- Return prepared by
- BGM CPA LLC
Mission
INCREASING HOMEOWNSHIP AND GENERATIONAL WEALTH FOR PEOPLE OF COLOR THROUGH EDUCATION, INVESTING IN PEOPLE, FINANCIAL ASSISTANCE AND COMMUNITY REINVESTMENT.
Program accomplishments
- THE GOAL OF THE FOUNDATION IS TO BRING AWARENESS TO INEQUITIES IN REAL ESTATE. THE FOUNDATION IS HELPING BACK THE SHORT SERIES "SHAME OF CHICAGO", WHICH GOES OVER THE HISTORICAL SEGREGATION IN CHICAGO AND HOW OTHER CITIES COPIED THEIR TACTICS.Expenses $115,000 · grants $115,000
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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
- 85-4134903
- 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
- 2021
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T30)
- Assets (IRS master file)
- $165,093
- Income (IRS master file)
- $8,680
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $8,680 | $120,170 | $165,093 | XML |
| 990 | December 2023 | $230,609 | $20,701 | $276,583 | XML |
| 990 | December 2022 | $217,724 | $151,049 | $66,675 | 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 85-4134903).
Questions about HOMESERVICES FOUNDATION FOR HOUSING EQUITY
- What is the EIN of HOMESERVICES FOUNDATION FOR HOUSING EQUITY?
- The employer identification number (EIN) of HOMESERVICES FOUNDATION FOR HOUSING EQUITY is 85-4134903.
- Is HOMESERVICES FOUNDATION FOR HOUSING EQUITY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to HOMESERVICES FOUNDATION FOR HOUSING EQUITY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HOMESERVICES FOUNDATION FOR HOUSING EQUITY file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of HOMESERVICES FOUNDATION FOR HOUSING EQUITY 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 HOMESERVICES FOUNDATION FOR HOUSING EQUITY 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 HOMESERVICES FOUNDATION FOR HOUSING EQUITY?
- The 990 for the year ended December 31, 2024 names APRIL ALEXANDER.
- Who are the officers and directors of HOMESERVICES FOUNDATION FOR HOUSING EQUITY?
- The 990 for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
- How much revenue does HOMESERVICES FOUNDATION FOR HOUSING EQUITY have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $8,680, expenses of $120,170 and total assets of $165,093 at year end.
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All nonprofits in EDINA · Minnesota · Philanthropy, voluntarism and grantmaking foundations