Nonprofit · EIN 86-1687817
HOMEBRIDGE VENTURES INC
Also known as HOMEBRIDGE VENTURES
Tax-exempt · BRIDGEPORT, CT 06605
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $348,870 | $346,087 | $2,783 | $116,391 | $5,278 | $111,113 |
| December 31, 2023 | 990 | $311,099 | $303,263 | $7,836 | $110,433 | $2,103 | $108,330 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $292,128
- Program service revenue
- $51,194
- Investment income
- -$52
- Net rental income
- $5,600
- Net gain from sales of assets
- -$52
- Other revenue
- $5,600
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $35,320
- Other salaries and wages
- $109,064
- Salaries, compensation and benefits (total)
- $163,694
- Professional fundraising fees
- $0
- Occupancy
- $60,381
- Travel
- $4,395
- Program services (functional)
- $208,135
- Management and general (functional)
- $92,687
- Fundraising (functional)
- $45,265
Balance sheet and other
- Total assets, start of year
- $110,433
- Total assets, end of year
- $116,391
- Total liabilities, end of year
- $5,278
- Net assets, end of year
- $111,113
- Net assets without donor restrictions
- $111,113
- Gross receipts
- $350,370
- Employees
- 4
- Volunteers
- 4
- Year formed
- 2020
- State of legal domicile
- CT
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 | Other / benefits |
|---|---|---|---|---|
| DAVID STUBBS | EXECUTIVE DIRECTOR Officer | 40 | $34,000 | $1,320 |
| SERGE KARPOW | CHAIRMAN Trustee or director, Officer | 2 | $0 | $0 |
| MARGARET STAUNTON | DIRECTOR, SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| ADRIENNE FARRAR HOUEL | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ASHLEY HAMPTON | DIRECTOR Trustee or director | 2 | $0 | $0 |
| NATHANIEL CHRISTIAN | DIRECTOR Trustee or director | 2 | $0 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DAVID STUBBS | EXECUTIVE DIRECTOR Officer | 40 | $10,000 | $7,400 |
| MARC DONALD | CHAIRMAN Trustee or director, Officer | 2 | $0 | $0 |
| SERGE KARPOW | DIRECTOR, SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| ADRIENNE FARRAR HOUEL | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ASHLEY HAMPTON | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MARGARET STAUNTON | DIRECTOR Trustee or director | 2 | $0 | $0 |
| NATHANIEL CHRISTIAN | DIRECTOR Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 330 BREWSTER ST, BRIDGEPORT, CT 06605-3118
- In care of
- % DAVID STUBBS
- Mailing address (990-N for 2021)
- 330 Brewster Street, Bridgeport CT 06605
- Principal officer (990 for 2024)
- DAVID STUBBS, ONE LAYFAYETTE CIRCLE STE 102, BRIDGEPORT, CT 06604
- Principal officer (990-N for 2021)
- David Stubbs, 330 Brewster Street, Bridgeport CT 06605
- Signed the 990
- DAVID STUBBS, EXECUTIVE DIRECTOR
- Phone
- (203) 333-3335
- Return prepared by
- CFO Solutions LLC
Mission
HOMEBRIDGE VENTURES (HOMEBRIDGE) SEEKS TO BREAK THE CYCLE OF RECIDIVISM THROUGH TRANSFORMATIVE RELATIONSHIPS,TRAUMA-RESPONSIVE JOB TRAINING AND PLACEMENT, AND A SUPPORTIVE COMMUNITY FOR JUSTICE-INVOLVED PEOPLE THAT LEADS TO THE OPPORTUNITY TO HEAL AND TO OBTAIN GAINFUL EMPLOYMENT.
Program accomplishments
- SECOND CHANCE RE-ENTRY SERVICES: THE GOAL OF THE PROGRAM IS FOR HOMEBRIDGE TO PROVIDE AN OUTSIDE RESOURCE FOR A SECOND-CHANCE EMPLOYER, AND TO WORK WITH EACH OF THE EMPLOYERS PREVIOUSLY ENCARCERATED EMPLOYEES BOTH INDIVIDUALLY AND AS A GROUP, AND TO PROVIDE THE WRAP-AROUND SERVICES THAT WILL MOVE EMPLOYEES FROM HANGING ON TO THRIVING. THE IMPACT ON THE BUSINESS AND EMPLOYEES IN 2024 WAS DRAMATIC. IN 2023, TWO EMPLOYEES PER MONTH WERE DROPPING OUT OF EMPLOYMENT. THE BUSINESS IMPACT WAS THE COST OF CONSTANTLY HIRING AND RETRAINING EMPLOYEES. THE IMPACT ON THE EMPLOYEES THAT LEFT WAS WORSE, AS MANY OFTEN RETURNED TO INCARCERATION WHEN THEY LOST THEIR SOURCE OF INCOME. OUR PROGRAM DROPPED THE TURNOVER TO TWO PER YEAR INSTEAD OF TWO PER MONTH. THE PROGRAM KEPT THESE EMPLOYEES OUT OF PRISON AND IN THEIR JOBS.Expenses $51,194 · revenue $51,194
- HUB PROGRAMS - THE PROGRAM PROVIDES TRAUMA-INFORMED GROUP AND INDIVIDUAL COUNSELING TO MEN AND WOMEN RETURNING FROM INCARCERATION. ADDITIONALLY, IT PREPARES MEMBERS FOR EMPLOYMENT THROUGH WORKFORCE-DEVELOPMENT TRAINING, FINANCIAL LITERACY, AND SOFT-SKILLS SUPPORT. IN 2024, OVER 350 INDIVIDUALS ACCESSED HOMEBRIDGE SERVICES: 56 INDIVIDUALS EARNED EMPLOYMENT- RELATED CERTIFICATIONS; 36 RECEIVED EDUCATIONAL CERTIFICATIONS; 20 SECURED EMPLOYMENT. HOMEBRIDGE FACILITATES 15 WEEKLY GROUPS FOCUSED ON TRAUMA, RELATIONSHIPS, AND JOB READINESS, COVERING ESSENTIAL TOPICS LIKE MENS AND WOMENS EMPOWERMENT, RESILIENCE, GOAL SETTING, MUSIC, ART, WRITING, PRACTICE INTERVIEWS, WORKPLACE ETIQUETTE, AND FINANCIAL LITERACY.Expenses $156,941
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
- 86-1687817
- 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
- 2022
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P20)
- Assets (IRS master file)
- $116,391
- Income (IRS master file)
- $350,370
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $348,870 | $346,087 | $116,391 | IRS |
| 990 | December 2023 | $311,099 | $303,263 | $110,433 | XML |
| 990 | December 2022 | $337,603 | $237,708 | $102,185 | IRS |
| 990-N for 2021 Officer: David Stubbs | December 31, 2021 | ≤ $50,000 receipts | – | – | e-Postcard |
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 86-1687817).
Questions about HOMEBRIDGE VENTURES INC
- What is the EIN of HOMEBRIDGE VENTURES INC?
- The employer identification number (EIN) of HOMEBRIDGE VENTURES INC is 86-1687817.
- Is HOMEBRIDGE VENTURES INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to HOMEBRIDGE VENTURES INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HOMEBRIDGE VENTURES 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 HOMEBRIDGE VENTURES 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 HOMEBRIDGE VENTURES INC 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 HOMEBRIDGE VENTURES INC?
- The 990 for the year ended December 31, 2024 names DAVID STUBBS.
- Who are the officers and directors of HOMEBRIDGE VENTURES INC?
- The 990 for the year ended December 31, 2024 lists 6 people; 1 received compensation from the organization, the highest $34,000 (DAVID STUBBS, EXECUTIVE DIRECTOR).
- How much revenue does HOMEBRIDGE VENTURES INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $348,870, expenses of $346,087 and total assets of $116,391 at year end.
Other nonprofits in BRIDGEPORT
- SOUTHWESTERN CONNECTICUT AGENCY ON AGING INC EIN 06-0916407 · last filed 990 for 2025
- THE CHILD AND FAMILY GUIDANCE CENTER INC EIN 06-0669106 · last filed 990 for 2025
- LIFEBRIDGE COMMUNITY SERVICES INC EIN 06-0646974 · last filed 990 for 2025
- HALL NEIGHBORHOOD HOUSE INC EIN 06-0676851 · last filed 990 for 2025
- BRIDGEPORT RESCUE MISSION INC EIN 06-1362705 · last filed 990 for 2025
- THE CENTER FOR FAMILY JUSTICE INC EIN 06-0646991 · last filed 990 for 2025
- GBAPP INC EIN 06-1132473 · last filed 990 for 2025
- URBAN CONCEPTS INC EIN 80-0370324 · last filed 990 for 2025