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Homefree Usa Inc

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

EIN: 521885132 ✦ Landover, MD ✦ Designated as a 501(c)(3)

Overview

What is Homefree Usa Inc?

Homefree Usa Inc is a nonprofit organization located in Landover, Maryland, with a team of 35 employees. Their mission is to empower individuals to become economically strong and successful homeowners. Through the HUD Housing Assistance program, they provide knowledge, skills, and practices to help future and existing homeowners secure mortgage approval and ensure long-term financial success. The organization's activities focus on education and preparation, ensuring that their clients are well-equipped to navigate the homeownership process.


Is Homefree Usa Inc legitimate?

Homefree Usa Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Homefree Usa 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.

Here are some key statistics you may want to consider:

Executive Compensation: $507,746
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,595,507

For more financial information, click here


What is the mission statement of Homefree Usa Inc?
Who is the CEO of Homefree Usa Inc?
What is the revenue of Homefree Usa Inc?
Who are the executives of Homefree Usa Inc and what are their salaries?
Where can I find the form 990 for Homefree Usa Inc?

Mission Statement of Homefree Usa Inc

Homefree USA Inc, a nonprofit organization, is dedicated to enlightening and equipping both future and current homeowners with the essential knowledge and skills for securing mortgage approvals and ensuring long-term financial prosperity. The mission of Homefree USA Inc is multifaceted.

In the first instance, the organization focuses on imparting indispensable knowledge to individuals who aspire to own a home. This education process sets them on a path towards guaranteed mortgage approval, enabling them to realize their dream of homeownership. Moreover, Homefree USA Inc extends its reach to existing homeowners, empowering them to strengthen their financial footing and secure their economic future.

Homefree USA Inc's program goes beyond the mere acquisition of a mortgage. It aims to develop within individuals the abilities and practices necessary for maintaining a strong and successful homeownership experience. This comprehensive approach is facilitated through the organization's network of Affiliate Organizations that administer HUD Housing Assistance. By providing a holistic solution, Homefree USA Inc plays a vital role in fostering economically stable and prosperous communities.

Impact

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




Thursday, August 15, 2024

Homefree USA Inc's impact lies in its mission to inform, educate, and prepare future and existing homeowners for guaranteed mortgage approval and lifelong financial success. Through its program, it aims to develop within all people the knowledge, skills, and practices they need to be economically strong and successful homeowners. By offering HUD Housing Assistance through its network of Affiliate Organizations, Homefree USA Inc empowers individuals to achieve their dream of becoming homeowners and secure their financial well-being. Through these efforts, the organization contributes to promoting financial stability and homeownership within communities, ultimately making a positive impact on individuals' lives and the society as a whole.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

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

  • Investment Income: $0
  • Program Service Revenue: $65,635
  • Gross Receipts: $34,679,494

    • Assets and Liabilities:
  • Total Assets: $7,003,294
  • Total Liabilities: $3,797,612
  • Net Assets: $3,205,682
  • Organization Details

    Founding Year

    1994

    Principal Officer

    James M Griffin

    Main Address

    8401 Corporate Drive, Landover, MD, 20785

    NTEE Category

    Code: T30 - Philanthropy

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