Overview

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Est.

2000

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

Homestead Place is a nonprofit organization dedicated to providing low-income housing to eligible individuals in Grand Forks, ND. With an operating budget of $466,000 and total revenue of $457,700 for the 2023 filing year, the organization plays a vital role in addressing public housing needs in the community. Homestead Place does not rely on a single funder for 50% or more of its revenue, ensuring a diversified funding base for its mission.

Mission Statement

PROVIDE LOW INCOME HOUSING TO ELIGIBLE PERSONS IN GRAND FORKS, ND.
Revenues
$457.7K
Expenses
$466K
Net Income:
-$8.3K
Assets
$1.7M
Liabilities
$671.8K
Net Assets:
+$1M
Operating Budget
$466K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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J
Joan Johnson
Board Member
B
Bret Weber
Board Member
K
Kimisean Liggett
Board Member

Frequently Asked Questions

What is HOMESTEAD PLACE’s budget?
In 2023, HOMESTEAD PLACE reported an annual operating budget of around $466 thousand. More detailed financial information is available to registered users.
What causes does HOMESTEAD PLACE support?
HOMESTEAD PLACE supports work in Public housing.
Where does HOMESTEAD PLACE operate?
HOMESTEAD PLACE is headquartered in Grand Forks, ND.
What is HOMESTEAD PLACE’s reliance on government grants?
HOMESTEAD PLACE relied on government grants for more than 60% of their total revenue in 2023.