NonprofitsHomecomings Inc

Housing & Shelter

Homecomings Inc

VENTURA, CA

Total revenue

$3.3M

Total expenses

$187K

Net assets

$11.3M

Grants received

$5K

1 grants

EIN

061713301

Tax year

2024

Mission

Performance of the management of chapel lane l.p., which owns 38 apartment rental units, to be provided to qualifying senior low-income households, as well as exploring new financial mechanisms to develop more affordable housing.

Programs

2 programs

Investments in ten low income properties through owning them as the sole member/owner or managing member of the following limited liability companies:- encanto del mar apartments, llc (a single member llc with homecomings, inc. As the sole member/owner) - representing an ownership interest as a general partner of encanto del mar apartments, l.p., which owns and operates a 37 unit senior housing apartment complex for low income seniors located in ventura, california.- soho housing llc (a single member llc with homecomings, inc. As the sole member/owner)- representing an ownership interest as a general partner of soho associates, l.p., which owns and operates a 12 unit multifamily housing apartment complex for low income households located in ventura, california.- vista del mar commons llc (llc with homecomings, inc. As the managing member)- representing an ownership interest as a general partner of vista del mar commons, l.p., which owns and operates a 140 unit multifamily housing apartment complex for low income households located in ventura, california.- castillo del sol llc (a single member llc with homecomings, inc. As the sole member/owner)- representing an ownership interest as a general partner of castillo del sol apartments, l.p., which owns and operates a 40 unit multifamily housing apartment complex for low income households located in ventura, california.- johnson gardens llc (a single member llc with homecomings, inc. As the sole member/owner)- representing an ownership interest as a general partner of johnson gardens, l.p., which owns and operates a 101 unit multifamily housing apartment complex for low income households located in ventura, california.- buena vida llc (a single member llc with homecomings, inc. As the sole member/owner)- representing an ownership interest as a general partner of buena vida, l.p., which owns and operates a 95 unit multifamily housing apartment complex for low income households located in ventura, california.- rancho verde llc (a single member llc with homecomings, inc. As the sole member/owner)- representing an ownership interest as a general partner of rancho verde ventura, l.p., which owns and operates a 24 unit multifamily housing apartment complex for low income households located in ventura, california.- el portal ventura llc (a single member llc with homecomings, inc. As the sole member/owner)- representing an ownership interest as a general partner of el portal ventura, l.p., which owns and operates a 29 unit multifamily housing apartment complex for low income households located in ventura, california.- willett ranch llc (a single member llc with homecomings, inc. As the sole member/owner)- representing an ownership interest as a general partner of willett ranch, l.p., which owns and operates a 50 unit multifamily housing apartment complex for low income households located in ventura, california.- villages at westview i llc (llc with homecomings, inc. As the 60% member)- representing an ownership interest as a general partner of villages at westview i, l.p., which owns and operates a 131 unit multifamily housing apartment complex for low income households located in ventura, california.- valentine road llc (a single member llc with homecomings, inc. As the sole member/owner)- representing an ownership interest as a general partner of valentine road, l.p., which owns and operates a 133 unit multifamily housing apartment complex for low income households located in ventura, california.

Expenses: $187K

Ahsc program grant funds - contract number 19-ahsc-12790under the agreement with the department of housing and community development, the organization received grants under the ahsc program grant funds. The grant funds will be used by the organization to make capital improvements, construction of sidewalks and bikeways, upgrading bus shelters and purchasing unlimited monthly passes for residents.

Grants: $2.7M

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$3.3M
Investment income
Other revenue
Total revenue$3.3M

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$187K
Total expenses$187K
Total assets$12.2M
Net assets$11.3M

People

9 listed

NameRoleCompensation

JEFFREY LAMBERT

EXECUTIVE DIRECTOR

Board

$289K

40 hrs/wk

JOE NOCELLA

CFO

Board

$176K

40 hrs/wk

DIANA SPARAGNA

DIRECTOR

Board

1 hrs/wk

KATE SIMONSON

DIRECTOR

Board

1 hrs/wk

JIM WHITE

CHAIR

Board

1 hrs/wk

BARBARA KELLER

DIRECTOR

Board

1 hrs/wk

ALEJANDRA TELLEZ

DIRECTOR

Board

1 hrs/wk

KAROL SCHULKIN

DIRECTOR

Board

1 hrs/wk

JOHN POLANSKEY

VICE CHAIR

Board

1 hrs/wk

Grants received

Showing 1 of 1

FromAmountPurposeYear
$5K
FRESH PRODUCE DONATION
2018

Funded by

$5K from 1 funder · 1 grant · 2018

Food Forward Inc

$5K · 1 grant · 2018

Details

EIN061713301
NTEE codeL20
Subsection03
Ruling date2006-08
Formed2003
Employees0
Volunteers0
HOMECOMINGS INC — Mission, Financials & Grants Received | Grantivo