NonprofitsUsa Homeownership Foundation Inc

Human Services

Usa Homeownership Foundation Inc

CORONA, CA

Total revenue

$5.5M

Total expenses

$6.0M

Net assets

$1.3M

Grants received

$474K

17 grants

EIN

452458485

Tax year

2024

Mission

To improve the lives of service members and veterans through education, housing, and philanthropy.

Programs

6 programs

The organization rehabilitated 2 properties and donated them mortgage free to a veteran.

Expenses: $966K

Planned and sponsored a policy conference and a national conference, in addition to other events. Through the conferences educational information, awareness and training was provided to real estate professionals, active military and veterans about the resources available to facilitate home ownership, including the VA home loan program.

Expenses: $585K

The organization started USA Homeownership Loans - Mortgage broker to provide mortgage loans to veterans

Expenses: $404K

The Organization set up a new entity; VETCARES INC to be responsible for all the philanthropic activities of the Group such as SDP, Campcares and individual awards

Expenses: $45K

The organization's HUD approved counseling program provided financial and homeownership mentoring and counseling to veterans. In addition, the HELP program provided information to veterans and active duty military about home ownership opportunities and the VA loan program.

Expenses: $4K

Provided information and education to real estate professionals about VA loans and home ownership opportunities.

Financials

FY 2024

Revenue

Contributions & grants$3.3M
Program service revenue$2.1M
Investment income
Other revenue$133K
Total revenue$5.5M

Expenses

Grants paid$858K
Salaries & benefits$952K
Fundraising$264K
Other expenses$4.2M
Total expenses$6.0M
Total assets$2.8M
Net assets$1.3M

People

5 listed

NameRoleCompensation

Carla Lemon

Secretary

Board

$70K

40 hrs/wk

Son Nguyen

President

Board

$43K

40 hrs/wk

Christine Olfus

Director

Board

$39K

1 hrs/wk

Sandy Heath

Treasurer

Board

1 hrs/wk

Pat Diomede

Director

Board

1 hrs/wk

Independent contractors

Remodeling D Luxe

Construction

$212K

Advance Team Inc

CONSTRUCTION MGT

$196K

Win Win Consulting Inc

PROGRAM DEVELOPMENT

$157K

Build Right LLC

Construction

$149K

Hodge Correct Building Maintenance LLC

Construction

$132K

Grants received

Showing 17 of 17

FromAmountPurposeYear
$90K
Housing Counseling
2024
$500
2024
$71K
Property purchased for renovation and sale to low and moderate income potential homeowners.
2023
$70K
GRANTS
2023
$500
PROGRAM/OPERATING SUPPORT
2023
$218K
Property purchased for renovation and sale to low and moderate income potential homeowners.
2022
$1K
PROGRAM/OPERATING SUPPORT
2022
$1K
PROGRAM/OPERATING SUPPORT
2022
$500
PROGRAM/OPERATING SUPPORT
2022
$10K
SERENITY ANGELS
2021
$8K
COMMUNITY OUTREACH
2021
$500
PROGRAM/OPERATING SUPPORT
2018

Funded by

$474K from 7 funders · 17 grants · 2018–2024

Homefree Usa Inc

$379K · 3 grants · 2022–2024

Unidosus

$70K · 1 grant · 2023

Veterans United Foundation

$10K · 1 grant · 2021

APM Cares Inc

$8K · 1 grant · 2021

The Bank of America Charitable Foundation Inc

$6K · 9 grants · 2018–2023

Hope Serves Inc

$500 · 1 grant · 2024

Details

EIN452458485
NTEE codeP51
Subsection03
Ruling date2012-11
Formed2011
Employees26
Volunteers350
USA HOMEOWNERSHIP FOUNDATION INC — Mission, Financials & Grants Received | Grantivo