2024-08-13T17:34:31-04:00 2023-12-31 208019714 JDS PROFESSIONAL GROUP 10303 E DRY CREEK RD STE 400 ENGLEWOOD CO 80112 990 2023-01-01 800266636 HOMESFUND HOME 9702591418 150 E 9TH ST SUITE 207 DURANGO CO 81301 SHAWN CANDELARIA CHAIR 9702591418 2024-08-12 true false LORI B BAUER CPA P01260252 3037710123 2024-08-12 2023 2024-08-08 14:25:15Z LISA BLOOMQUIST 150 E 9TH ST STE 207 DURANGO CO 81301 2063389 false X HOMESFUND.ORG X 2008 CO THE HOMESFUND SEEKS TO LESSEN THE BURDENS OF GOVERNMENT IN LA PLATA COUNTY, COLORADO BY SUPPORTING THE CREATION AND PROVISION OF AFFORDABLE HOUSING TO LOWER INCOME HOUSEHOLDS IN LA PLATA AND SURROUNDING COMMUNITIES. 7 7 6 12 0 623349 1461435 319752 341782 148148 152458 469 43132 1091718 1998807 0 0 487388 556485 0 15371 286594 276119 773982 832604 317736 1166203 14229382 17114956 2206131 3842896 12023251 13272060 THE HOMESFUND SEEKS TO LESSEN THE BURDENS OF GOVERNMENT IN LA PLATA COUNTY, COLORADO BY SUPPORTING THE CREATION AND PROVISION OF AFFORDABLE HOUSING TO LOWER INCOME HOUSEHOLDS IN LA PLATA AND SURROUNDING COMMUNITIES. false false 457311 341782 THE HOME BUYER ASSISTANCE PROGRAM PROVIDED PRE-PURCHASE COUNSELING AND EDUCATION TO HOUSEHOLDS. THE PROGRAM ALSO GAVE MULTIPLE NEW HOMEOWNERS THE ABILITY TO PURCHASE A HOME BY LENDING THOUSANDS OF DOLLARS FOR SHARED APPRECIATION SILENT SECOND MORTGAGES. 457311 true true false false false false false false false false true false false false true true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 61 0 true 6 true false false false false false false false false false false false false X 7 7 false false false false false false false true true false false true true true true false true true true false CO X THE ORGANIZATION 9702591418 150 E 9TH ST SUITE 207 DURANGO CO 81301 JIM WOTKYNS TERM EXPIRED 923 CHAIR 1.50 X X 0 0 0 BARRY SPEAR TERM EXPIRED 923 VICE PRESIDE 1.50 X X 0 0 0 SHAWN CANDELARIA SECRETARY/TR 1.50 X X 0 0 0 NICOLE HOLTTERM EXPIRED 923 DIRECTOR 1.00 X 0 0 0 GENE FISHER DIRECTOR 1.00 X 0 0 0 KEN TEMPLE DIRECTOR 1.00 X 0 0 0 HEATHER GARLAND DIRECTOR 1.00 X 0 0 0 LISA BLOOMQUIST EXECUTIVE DI 40.00 X 102021 0 12207 PAMELA MOORE DEPUTY DIREC 40.00 X 92833 0 16028 194854 28235 1 false false false 1424030 37405 1461435 FEE INCOME 999999 341782 341782 341782 152458 86474 65984 107714 64582 43132 43132 43132 1998807 471388 65984 222840 142529 74854 5457 253920 159311 88902 5707 7894 5425 2292 177 35617 18230 17138 249 36214 24157 11272 785 44549 5695 38854 1490 1449 41 8273 259 8014 14999 9923 5076 22976 1863 21113 3304 3214 90 4661 717 989 2955 29241 5310 23931 31569 31569 21589 36 21553 PROVISION FOR LOAN LOSS 64579 64579 HOMEBUYER EDUCATION CLASS 5995 5995 BANK FEES 4700 828 3872 JANITORIAL SERVICES 3613 200 3413 14581 7591 6990 832604 457311 359922 15371 4041096 1630920 128191 170121 3410 75068 8517566 11928171 17506 22387 1564335 79716 735438 1484619 1766350 786175 37320 14229382 17114956 98742 59024 100000 1198596 2375276 2007389 210000 2206131 3842896 X 5655011 5841497 6368240 7430563 12023251 13272060 14229382 17114956 X 1166203 82606 X false true X true true true X 1953798 879853 912207 623349 1461435 5830642 1953798 879853 912207 623349 1461435 5830642 5830642 20073 19330 7820 9759 65984 122966 5953608 2424069 0.97930 0.97060 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 786175 767892 70377 1483690 10268 9339 929 1484619 LOAN FUNDS HELD ON BEHALF OF OTHERS 210000 210000 X 2145995 147188 147188 1998807 1998807 897186 64582 64582 832604 832604 SCHEDULE D, PAGE 3, PART X MANAGEMENT BELIEVES THAT THE HOMESFUND HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AFFECTING ITS ANNUAL FILING REQUIREMENTS, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. HOMESFUND WOULD RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS AND LIABILITIES IN INCOME TAX EXPENSE IF SUCH INTEREST AND PENALTIES ARE INCURRED. SCHEDULE D, PAGE 4, PART XI, LINE 2D SHARED APPRECIATION 82,606 RENT EXPENSES IN REVENUE 64,582 SCHEDULE D, PAGE 4, PART XII, LINE 2D RENT EXPENSES IN REVENUE 64,582 FORM 990, PAGE 6, PART VI, LINE 11B FORM 990 AND ALL ATTACHMENTS ARE REVIEWED BY THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 12C IT IS IMPROPER TO USE ONE'S POSITION, DIRECTLY OR INDIRECTLY, FOR PRIVATE GAIN, TO ADVANCE PERSONAL INTEREST OR TO OBTAIN FAVORS OR BENEFITS FOR ONESELF, A FAMILY MEMBER, OR ANY OTHER PERSON. EMPLOYEES ARE EXPECTED TO GIVE THIS SUBJECT THEIR CAREFUL ATTENTION AND TO SEEK GUIDANCE FROM THE EXECUTIVE DIRECTOR WHENEVER THERE IS ANY DOUBT AS TO WHETHER A CONFLICT OF INTEREST MAY EXIST. EACH MEMBER OF THE BOARD OF DIRECTORS SIGNS A CONFLICT OF INTEREST STATEMENT ANNUALLY AT THE 1ST BOARD MEETING OF THE YEAR. FORM 990, PAGE 6, PART VI, LINE 15A AN OFFICER'S COMPENSATION IS DETERMINED BY THE JOB DESCRIPTION. EACH POSITION HAS A JOB DESCRIPTION ON FILE, WHICH HAS BEEN APPROVED BY THE BOARD. THE JOB DESCRIPTION OUTLINES BASIC RESPONSIBILITIES AND DUTIES FOR THAT POSITION. THE OFFICER SHALL PERIODICALLY REVIEW AND UPDATE THE JOB DESCRIPTION WHENEVER ANY SIGNIFICANT CHANGES OCCUR IN THE JOB. THIS REVISED POSITION DESCRIPTION SHALL BE SUBMITTED BY THE SUPERVISOR TO THE EXECUTIVE DIRECTOR FOR REVIEW AND APPROVAL. IF APPROVED BY THE EXECUTIVE DIRECTOR THE REVISED JOB DESCRIPTION SHALL BE SUBMITTED FOR BOARD APPROVAL AND FOR RECLASSIFICATION IF NECESSARY. FORM 990, PAGE 6, PART VI, LINE 15B AN EMPLOYEE'S COMPENSATION IS DETERMINED BY THE JOB DESCRIPTION. EACH HOMESFUND POSITION HAS A JOB DESCRIPTION ON FILE, WHICH HAS BEEN APPROVED BY THE HOMESFUND EXECUTIVE DIRECTOR AND THE BOARD. THE JOB DESCRIPTION OUTLINES THE BASIC RESPONSIBILITIES AND DUTIES FOR THAT POSITION. THE EMPLOYEE AND/OR SUPERVISOR SHALL PERIODICALLY REVIEW AND UPDATE THE JOB DESCRIPTION WHENEVER ANY SIGNIFICANT CHANGES OCCUR IN THE JOB. THIS REVISED POSITION DESCRIPTION SHALL BE SUBMITTED BY THE SUPERVISOR TO THE EXECUTIVE DIRECTOR FOR REVIEW AND APPROVAL. IF APPROVED BY THE EXECUTIVE DIRECTOR THE REVISED JOB DESCRIPTION SHALL BE SUBMITTED FOR BOARD APPROVAL AND FOR RECLASSIFICATION IF NECESSARY. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION'S FINANCIAL STATEMENTS, GOVERNING DOCUMENTS AND BOARD MINUTES ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9 SHARED APPRECIATION 82,606 RENT EXPENSES IN REVENUE 64,582 RENT EXPENSES IN REVENUE -64,582 TOTAL 82,606