HOME CITY DEVELOPMENT INC

SPRINGFIELD, MA, 01109-3023 (413) 785-5312 Est. 1968 EIN 04-6190467
L20Z - Housing & Shelter 990 - Public charity return 501(c)(3)
www.homecitydevelopment.org

Mission

1.TO RESTORE OR REPLACE SUBSTANDARD HOUSING WITH A SUPPLY OF DECENT, AFFORDABLE, AND WELL-MANAGED HOUSING FOR INDIVIDUALS AND FAMILIES.2.TO FACILITATE NEIGHBORHOOD GROWTH AND HEALTH IN COLLABORATION WITH PARTNERS, LEADING TO LONG-TERM FAMILY AND COMMUNITY STABILITY.3.TO WORK WITH RESIDENTS, BUILDING ON THEIR STRENGTHS, TOWARD HEALTHY AND STABLE FUTURES.

Financials

Total Revenue
$1,437,102
Total Expenses
$1,970,169
Net Assets
$12,122,190
23 employees
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
6.2 years Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 26.6%
Expenses ↑ 13.4%
Revenue Sources
Contributions 41.4% Earned revenue 35.1% Investment 21.6% Other 2.0%
Expense Breakdown
Program 60.5% Management 39.5%

Officers & Key Employees (14)

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Grants Received (24)

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Filing History (7 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
Jan 1, 2024 to Dec 31, 2024
$1,437,102 ↑$1,970,169$12,122,190
2023 990 - Public charity return
Jan 1, 2023 to Dec 31, 2023
$1,135,582 ↓$1,737,131$12,523,163
2022 990 - Public charity return
Jan 1, 2022 to Dec 31, 2022
$3,023,264 ↑$1,600,953$12,868,800
2021 990 - Public charity return
Jan 1, 2021 to Dec 31, 2021
$1,734,116 ↑$1,430,775$12,014,655
2020 990 - Public charity return
Jan 1, 2020 to Dec 31, 2020
$1,154,466 ↓$1,317,213$11,427,296
2019 990 - Public charity return
Jan 1, 2019 to Dec 31, 2019
$1,669,722 ↓$1,139,953$11,360,960
2018 990 - Public charity return
Jan 1, 2018 to Dec 31, 2018
$2,971,196 $1,875,800$10,518,204

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EIN: 04-6190467 · Source: IRS Form 990 e-file data