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California · Nonprofit

HOMECOMINGS INC (FKA CHAPEL LANE HOUSING INC)

HOMECOMINGS INC (FKA CHAPEL LANE HOUSING INC) (California) receives grants from 1 organization whose IRS filings report $0 to it, the largest being FOOD FORWARD INC ($0). 1 of them have funded it in more than one year.

Revenue FY2024
$3.3M
Funders on record
1
Grants received
$0
Net assets
$11M
1/1 repeat funderspeak grant-dependency 0%
01What it does

What Homecomings Inc (Fka Chapel Lane Housing Inc) does

Mission

The specific charitable and public purposes are to benefit and support the housing authority of the city of san buenaventura by providing, developing, financing, rehabilitating, owning and operating decent, safe and sanitary housing affordable to persons and households of low income where no adequate housing exists for such groups.

As stated on its FY2024 Form 990.

Programs

  1. The organization serves as a general partner of chapel lane l.p., which owns and operates a 38 unit senior housing apartment complex for low income seniors located in ventura, california.

    $24,758 earned by the program
  2. 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…

    $187,027 spent$475,950 earned by the program
    100% of program spending
  3. 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.

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $187,027.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($120k) Expenses 100 ($847k) Net assets 100 ($102k)2018 Revenue 76 ($91k) Expenses 110 ($932k) Net assets -138 ($-140834)2019 Revenue 135 ($163k) Expenses 76 ($644k) Net assets -286 ($-291578)2020 Revenue 179 ($216k) Expenses 69 ($587k) Net assets -178 ($-181545)2021 Revenue 1357 ($1.6M) Expenses 69 ($585k) Net assets 1185 ($1.2M)2022 Revenue 3067 ($3.7M) Expenses 64 ($538k) Net assets 4620 ($4.7M)2023 Revenue 3054 ($3.7M) Expenses 70 ($595k) Net assets 7989 ($8.1M)2024 Revenue 2702 ($3.3M) Expenses 22 ($187k) Net assets 11061 ($11M)
'17'18'19'20'21'22'23'24
Revenue (2702)Expenses (22)Net assets (11061)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $5.0M to $9.7M (+95%).

$103k
$-140174
$-290474
$-174935
$1.3M
$5.0M
$9.7M
$12M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

0% of HOMECOMINGS INC (FKA CHAPEL LANE HOUSING INC)’s revenue is contributions — more earned-revenue than three-quarters of its peers (39% for the typical peer).

This organization
Typical peer · 4,214 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 8 reported years ran a deficit.

−$727k
’17
−$841k
’18
−$481k
’19
−$371k
’20
$1.0M
’21
$3.2M
’22
$3.1M
’23
$3.1M
’24
22
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Jeffrey Lambert

Executive director

Board chair

Jim White

Chair

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed9991299109
Joined·+0+1+3+0+2+1+2
No longer listed·0103203
03Who funds it
04Its place in the field

Against its field

HOMECOMINGS INC (FKA CHAPEL LANE HOUSING INC) holds deeper cash reserves than three-quarters of the 3,973 housing & shelter nonprofits its size.

Operating margin94% · outside the comparable range
Months of reserve21.7mo · top quartile
Revenue growth (annualized)60% · top quartile

this organization peer median middle 50% of peers· 3,973 housing & shelter nonprofits $1M–$10M, FY2024

Organizations like HOMECOMINGS INC (FKA CHAPEL LANE HOUSING INC)

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In California

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

100% of spending goes to programs.

Program 100%Management 0%Fundraising 0%

Governance

7
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Footprint & structure

Files a return copy in 1 state

CA

Part of a family of 23 related entities

  • Encanto del Mar Apartments LLC · disregarded
  • Soho Housing LLC · disregarded
  • Vista del Mar Commons LLC · disregarded
  • Castillo del Sol LLC · disregarded
  • Johnson Gardens LLC · disregarded

Screen this organization

A dated, signed PDF of the compliance screen for HOMECOMINGS INC (FKA CHAPEL LANE HOUSING INC): IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds HOMECOMINGS INC (FKA CHAPEL LANE HOUSING INC)?
HOMECOMINGS INC (FKA CHAPEL LANE HOUSING INC) (California) receives grants from 1 organization whose IRS filings report $0 to it, the largest being FOOD FORWARD INC ($0). 1 of them have funded it in more than one year.
How many funders does HOMECOMINGS INC (FKA CHAPEL LANE HOUSING INC) have?
IRS filings report 1 organization giving $0 in grants to HOMECOMINGS INC (FKA CHAPEL LANE HOUSING INC), 1 of which have funded it in more than one year.
Who is the largest funder of HOMECOMINGS INC (FKA CHAPEL LANE HOUSING INC)?
FOOD FORWARD INC is the largest funder on record, with $0 in grants. The full list of funders is on this page.
How can an organization like HOMECOMINGS INC (FKA CHAPEL LANE HOUSING INC) find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in California. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing