Skip to content

New Jersey · Nonprofit

HOMES OF MONTCLAIR ECUMENICAL CORPORATION

HOMES OF MONTCLAIR ECUMENICAL CORPORATION (New Jersey) receives grants from 11 organizations whose IRS filings report $508,342 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($293,554). 6 of them have funded it in more than one year, and 77% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$979k
Funders on record
11
Grants received
$508k
Net assets
$-311270
6/11 repeat funderspeak grant-dependency 12%
01What it does

What Homes of Montclair Ecumenical Corporation does

Mission

Homecorp was founded in 1988 by a dedicated group of community volunteers who saw the need to preserve affordability in montclair. Since then, homecorp has developed nearly 200 units of affordable rental and owned housing in montclair. Homecorps housing counseling dept. Assists nearly 200 households annually with achieving housing goals.

As stated on its FY2025 Form 990.

Programs

  1. Homecorp provided property managment and maintenance services to the corporations rental unis in montclair.

    $1,030,044 spent$908,658 earned by the program
    100% of program spending
  2. Homecorp offered hud certified first time homebuyer seminars and housing counseling to multiple participants

    $0 spent
    0% of program spending

The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $1,030,044.

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 ($1.0M) Expenses 100 ($1.1M) Net assets 100 ($1.4M)2018 Revenue -27 ($-268505) Expenses 104 ($1.1M) Net assets -2 ($-24737)2019 Revenue 105 ($1.1M) Expenses 97 ($1.1M) Net assets -3 ($-48380)2021 Revenue 125 ($1.3M) Expenses 84 ($928k) Net assets 19 ($263k)2024 Revenue 114 ($1.1M) Expenses 106 ($1.2M) Net assets 15 ($203k)2025 Revenue 97 ($979k) Expenses 107 ($1.2M) Net assets -22 ($-311270)
201720182019202120242025
Revenue (97)Expenses (107)Net assets (-22)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 2017 to 2018, from $7.3M to $5.7M (−22%).

$7.3M
$5.7M
$4.9M
$4.6M
$5.1M
$4.6M
201720182019202120242025
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
2021
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 3% · 2019 2%. Grants only. Government contracts and fees sit inside program revenue.

7% of HOMES OF MONTCLAIR ECUMENICAL CORPORATION’s revenue is contributions — about as donation-reliant as the typical peer (37% for the typical peer).

This organization
Typical peer · 8,334 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 6 reported years ran a deficit.

−$97k
’17
−$1.4M
’18
−$13k
’19
$333k
’21
−$27k
’24
−$200k
’25
0.2
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

Sherrilyn Mcperson Ms

Executive director

Board chair

Shirley Grill

Board president

As listed on its FY2025 Form 990.

The chief executive listed changed between the FY2018 and FY2019 filings.

201720182019202120242025
Listed161416131010
Joined·+1+7··+0
No longer listed·35··0
03Who funds it

Who funds it, year by year

2017 → 2023: the base held at 3 funders, grant income fell $78k → $64k.

5 of 11 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 77% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of HOMES OF MONTCLAIR ECUMENICAL CORPORATION’s funders (the co-funder graph). Top 10 of 11 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

HOMES OF MONTCLAIR ECUMENICAL CORPORATION leans on a few funders — its largest provides 58% of grant income and the top three 92%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

99% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund HOMES OF MONTCLAIR ECUMENICAL CORPORATION.

58%
largest funder
92%
top three
~3
effective funders

Largest funder’s share by year: 2017 87% · 2018 67% · 2019 84% · 2020 55% · 2021 41% · 2022 66% · 2023 90% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

50% of HOMES OF MONTCLAIR ECUMENICAL CORPORATION's funders are still giving 3 years after their first grant; 55% give in more than one year at all.

first grant+1y+2y+3y+4y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

77% of HOMES OF MONTCLAIR ECUMENICAL CORPORATION's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $119k that is directly attributable, 99% of it comes from New Jersey funders.

ME
NY
NJ

In-state vs out-of-state, by year

’17
’18
’20
’21
’22
New Jersey out of state home

Funder states come from each funder’s own filing. $389k arriving through sponsors registered in 4 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

HOMES OF MONTCLAIR ECUMENICAL CORPORATION receives grants from 11 organizations whose IRS filings report $508k to it.

Operating margin−20% · below the median
Months of reserve0.2mo · bottom quartile
Revenue growth (annualized)−0% · bottom quartile

this organization peer median middle 50% of peers· 4,980 housing & shelter nonprofits $100k–$1M, FY2025

Government funding HOMES OF MONTCLAIR ECUMENICAL CORPORATION receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $2.3M on record.

State$2.3M
13
19
26
Top programs
  • FEDERAL$1.7M
  • GRANT IN AID$600k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like HOMES OF MONTCLAIR ECUMENICAL CORPORATION

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 New Jersey

Nationally

05Profile & governance

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

Where the money goes

87% of spending goes to programs.

Program 87%Management 12%Fundraising 1%

Governance

9
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

NJ

Part of a family of 3 related entities

  • 55 Glenridge Realty LLC · disregarded
  • 4 Washington St LLC · disregarded
  • 14 North Willow LLC · disregarded

Screen this organization

A dated, signed PDF of the compliance screen for HOMES OF MONTCLAIR ECUMENICAL CORPORATION: 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 HOMES OF MONTCLAIR ECUMENICAL CORPORATION?
HOMES OF MONTCLAIR ECUMENICAL CORPORATION (New Jersey) receives grants from 11 organizations whose IRS filings report $508,342 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($293,554). 6 of them have funded it in more than one year, and 77% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does HOMES OF MONTCLAIR ECUMENICAL CORPORATION have?
IRS filings report 11 organizations giving $508,342 in grants to HOMES OF MONTCLAIR ECUMENICAL CORPORATION, 6 of which have funded it in more than one year.
Who is the largest funder of HOMES OF MONTCLAIR ECUMENICAL CORPORATION?
FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $293,554 in grants. The full list of funders is on this page.
How can an organization like HOMES OF MONTCLAIR ECUMENICAL CORPORATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in New Jersey. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Homes of Montclair Ecumenical →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 11 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