Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Oct 1996.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
83 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
Something off? Claim to add context
Who runs it and what they're paid
6 people listed on the 990.
Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
Programs and updates
Helps Chicago families and individuals by promoting affordable housing and community development.
Questions for Foundation for Homan Square
Your first name shows with your question. Foundation for Homan Square answers here, for everyone.
Facilitate, encourage and foster the welfare of low-income and underprivileged families and individuals residing in the city of chicago through promotion of affordable housing, home ownership, community redevelopment and other charitable activities
Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 36-4032118) · Dispute this lineFunders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $954K | $895K |
| InvestmentsLn 11–13 | $15.0M | $15.0M |
| Land, buildings, equipmentLn 10c | $30.2M | $28.9M |
| Total assetsLn 16 | $51.9M | $52.6M |
| LiabilitiesLn 26 | $2.2M | $4.1M |
| Net assetsLn 32 | $49.7M | $48.5M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $1K | $1K | ||
| Management feesLn 11a | $762K | $427K | $336K | |
| Legal feesLn 11b | $13K | $13K | ||
| Accounting feesLn 11c | $57K | $57K | ||
| Other fees for servicesLn 11g | $1K | $1K | ||
| Office expensesLn 13 | $96K | $96K | ||
| OccupancyLn 16 | $108K | $108K | ||
| InterestLn 20 | $15K | $15K | ||
| Depreciation, depletion and amortizationLn 22 | $1.3M | $1.3M | ||
| InsuranceLn 23 | $65K | $65K | ||
| Other expenses (24a–d)Ln 24 | $515K | $515K | ||
| Total functional expensesLn 25 | $2.9M | $2.4M | $503K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest ViewingFiled with the IRS Oct 28, 2025 | $1.6M | $2.9M | −$1.3M | $48.5M | 990 PDF |
| FY2023Filed with the IRS Oct 24, 2024 | $1.6M | $3.5M | −$1.8M | $49.7M | 990 PDF |
| FY2022Filed with the IRS Nov 15, 2023 | $1.2M | $3.0M | −$1.8M | $51.4M | 990 PDF |
| FY2021Filed with the IRS Nov 9, 2022 | $595K | $2.8M | −$2.2M | $53.3M | 990 PDF |
| FY2020Filed with the IRS Oct 13, 2021 | $1.8M | $3.0M | −$1.2M | $55.4M | 990 PDF |
Schedules filed Part IV
See the full FY2024 990
Part I · Summary $1,628,839 revenue, 12 lines filed
Part VI · Governance 6 of 6 board members independent, 4 to look at
Part VIII · Statement of revenue $1,628,839 across 7 lines filed
Part IX · Statement of functional expenses $2,928,078 across 11 lines filed
Part X · Balance sheet $52,614,674 assets, 16 lines filed
Part XI · Reconciliation of net assets $48,505,126 net assets at year end
Form 990 e-file FY2024 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File
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