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Homestead Enterprise Housing Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 351929988 ✦ Hammond, IN ✦ Designated as a 501(c)(3)

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Overview

What is Homestead Enterprise Housing Inc?

Homestead Enterprise Housing Inc, located in Hammond, Indiana, is a nonprofit organization with a mission to ensure affordable housing for low and moderate-income families. They accomplish this by acquiring, rehabilitating, developing, and selling homes. This mission is crucial in providing a stable living environment for those who might otherwise struggle to afford housing. The organization focuses on this activity to bridge the gap in housing affordability and make a positive impact on the community.

Is Homestead Enterprise Housing Inc legitimate?

Homestead Enterprise Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Homestead Enterprise Housing Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Homestead Enterprise Housing Inc?

Homestead Enterprise Housing Inc's mission is centered around providing affordable housing solutions. The organization undertakes the acquisition, rehabilitation, development, or sale of homes specifically for families with low to moderate income levels. This commitment is aimed at ensuring that affordable housing options are readily available. The organization's activities are geared towards addressing the housing needs of this demographic, thereby contributing to a more equitable and inclusive community.

Who is the CEO of Homestead Enterprise Housing Inc?

Maria Carmen Paniagua is the Executive Director of Homestead Enterprise Housing Inc.

What is the revenue of Homestead Enterprise Housing Inc?

Homestead Enterprise Housing Inc's revenue in 2022 was $7,872.

Who are the executives of Homestead Enterprise Housing Inc and what are their salaries?

There 3 volunteers at Homestead Enterprise Housing Inc.


Here are 7 key members and their salaries:


Amanda Osvalds (Board Member)
  • Compensation: $0
  • Related: $30,233
  • Other: $24,596
Barbara Stanley (Board Member)
  • Compensation: $0
  • Related: $72,507
  • Other: $32,834
Maria Carmen Paniagua (Executive Director)
  • Compensation: $0
  • Related: $113,850
  • Other: $41,530
David Jasinski (Board Member)
  • Compensation: $0
  • Related: $62,258
  • Other: $30,831
Rick Massoels (Vice-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Szany (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Dabertin (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Homestead Enterprise Housing Inc?

Homestead Enterprise Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Homestead Enterprise Housing Inc

Homestead Enterprise Housing Inc is dedicated to ensuring affordable housing for low and moderate-income families. This nonprofit organization accomplishes this mission by acquiring, rehabilitating, developing, or selling homes that cater to this specific demographic. The primary goal is to make housing accessible and affordable for these families, thereby contributing to their overall well-being and stability. By taking on this mission, Homestead Enterprise Housing Inc plays a significant role in addressing the housing needs of a segment of the population that often struggles with affordable housing options.

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Impact




October, 2024

Homestead Enterprise Housing Inc significantly impacts the community by providing affordable housing solutions for low and moderate-income families in Hammond, Indiana. By acquiring, rehabilitating, and developing homes, the organization addresses the crucial need for accessible housing, ensuring that families have a safe and stable environment to live in. This effort not only improves individual living conditions but also contributes to the overall vitality of the community, helping to foster stability and growth. Through its commitment to housing development and accessibility, Homestead Enterprise Housing Inc plays a pivotal role in enhancing the quality of life for many families, ultimately contributing to the social and economic wellbeing of the area.




This information is meant to be a general summary of Homestead Enterprise Housing Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$7,872 (2022)
Expenses
$322,713 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $7,872
  • Gross Receipts: $7,872

Assets and Liabilities:

  • Total Assets: $1,325,109
  • Total Liabilities: $548,094
  • Net Assets: $777,015

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

DEVELOPMENT FEES

Revenue

$7,872

Organization Details

Founding Year

1978

Principal Officer

Maria Carmen Paniagua

Main Address

1402 173RD STREET, HAMMOND, IN, 46324

NTEE Category

Code: L22 - Housing

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