Nonprofit · EIN 94-3101853
HOMEWOOD CORPORATION
Tax-exempt · MILWAUKIE, OR 97267
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $3,560,165 | $3,345,256 | $214,909 | $7,093,380 | $5,914,054 | $1,179,326 |
| December 31, 2023 | 990 | $3,487,435 | $3,181,258 | $306,177 | $7,051,452 | $6,087,035 | $964,417 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $3,554,328
- Investment income
- $5,837
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $103,000
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $1,102,157
- Salaries, compensation and benefits (total)
- $1,383,246
- Professional fundraising fees
- $0
- Legal fees
- $4,098
- Accounting fees
- $16,633
- Occupancy
- $236,845
- Travel
- $2,568
- Depreciation
- $345,306
- Program services (functional)
- $3,345,256
Balance sheet and other
- Total assets, start of year
- $7,051,452
- Total assets, end of year
- $7,093,380
- Total liabilities, end of year
- $5,914,054
- Net assets, end of year
- $1,179,326
- Land, buildings and equipment
- $4,097,446
- Net assets without donor restrictions
- $1,179,326
- Gross receipts
- $3,560,165
- Employees
- 32
- Volunteers
- 9
- Year formed
- 1989
- State of legal domicile
- OR
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 |
|---|---|---|---|
| Dr Brian Hotrum | Director Trustee or director | 0.5 | $0 |
| Steve Hopper | Director Trustee or director | 0.5 | $0 |
| Ray Hobizal | Director Trustee or director | 0.5 | $0 |
| Scott Waite | Director Trustee or director | 0.5 | $0 |
| Nick Knapp | Director Trustee or director | 0.5 | $0 |
| Cindy Larvick | Sec/Treas Trustee or director, Officer | 1 | $0 |
| Phil Fogg Sr | President Officer | 1 | $0 |
| Don G Carter | Vice President Officer | 0.1 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Dr Brian Hotrum | Director Trustee or director | 0.5 | $0 |
| Phil Fogg Sr | President Trustee or director, Officer | 1 | $0 |
| Steve Hopper | Director Trustee or director | 0.5 | $0 |
| Scott Waite | Director Trustee or director | 0.5 | $0 |
| Nick Knapp | Director Trustee or director | 0.5 | $0 |
| Ray Hobizal | Director Trustee or director | 0.5 | $0 |
| Becky Dearth | Director Trustee or director | 0.5 | $0 |
| Don G Carter | Vice President Trustee or director, Officer | 0.1 | $0 |
| Cindy Larvick | Sec/Treas Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 17971 SE RIVER RD, MILWAUKIE, OR 97267-5873
- Principal officer (990 for 2024)
- Phil Fogg
- Signed the 990
- Cindy Larvick, Sec/Treas
- Phone
- (503) 659-3600
- Website
- www.homewoods.org
- Return prepared by
- TROY REICHLEIN CPA LLC
Mission
A not-for-profit organization providing 113 units of retirement housing for the elderly.
Program accomplishments
- The organization provided 113 units of quality housing at rents below market value to elderly persons.Expenses $3,345,256 · revenue $3,554,328
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
- 94-3101853
- 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
- 1989
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $7,093,380
- Income (IRS master file)
- $3,560,165
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $3,560,165 | $3,345,256 | $7,093,380 | XML |
| 990 | December 2023 | $3,487,435 | $3,181,258 | $7,051,452 | XML |
| 990 | December 2022 | $3,231,581 | $2,771,386 | $6,949,900 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 94-3101853).
Questions about HOMEWOOD CORPORATION
- What is the EIN of HOMEWOOD CORPORATION?
- The employer identification number (EIN) of HOMEWOOD CORPORATION is 94-3101853.
- Is HOMEWOOD CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1989.
- Are donations to HOMEWOOD CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HOMEWOOD CORPORATION 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 HOMEWOOD CORPORATION 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 HOMEWOOD CORPORATION 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 HOMEWOOD CORPORATION?
- The 990 for the year ended December 31, 2024 names Phil Fogg.
- Who are the officers and directors of HOMEWOOD CORPORATION?
- The 990 for the year ended December 31, 2024 lists 8 people; 0 received compensation from the organization.
- How much revenue does HOMEWOOD CORPORATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $3,560,165, expenses of $3,345,256 and total assets of $7,093,380 at year end.
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