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Homestead Development Corporation

EIN 85-0866443Lake Placid, NYHousing & ShelterLatest 990 FY2024

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Listed with the IRS. Every screen came back clear.

A 501(c)(3) on Publication 78 and the IRS master file.

A paid feature, included from the $75 plan up. Sign in to download.Checked Oct 15, 2026, 4:57 PM ET
IRS listing
Listed
Revocation
None
IRS files
Agree
Sanctions
No match
IRS bulletin
No notice
California
No record
Charity type
509(a)(2)

$3.1Mrevenue
FY2024 · +413% in 3 yrs
5 of 5years filed
’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
$0$1.0M$2.0M$3.0M$4.0M’20’21’22’23’24
Against similar nonprofits FY2024
Operating margin−21.7%
Months of reserve0.2mo
Revenue growth (annualized)+279.0%
Middle half of peersMedianHomestead Development
Where the money goes FY2024 · $3.8M spent
Programs$3.7M99%Management and general$22k1%990 FY2024 · Part IX line 25