Home City Development Inc

Housing & shelter organization based in Springfield, MA. 23 employees. Exempt under §501(c)(3).

Mission1.TO RESTORE OR REPLACE SUBSTANDARD HOUSING WITH A SUPPLY OF DECENT, AFFORDABLE, AND WELL-MANAGED HOUSING FOR INDIVIDUALS AND FAMILIES.2.TO FACILITATE NEIGHBORHOOD GROWTH AND HEALTH IN COLLABORATION WITH PARTNERS, LEADING TO LONG-TERM FAMILY AND COMMUNITY STABILITY.3.TO WORK WITH

Financial snapshot · TY 2024

$1.4M
Total revenue
$2.0M
Total expenses
$54.2M
Net assets

Financial health · TY 2024

69
Moderate financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
100
72.6 months of expenses
Program efficiency
26
60.5% spent on programs
Revenue diversity
91
Mix of program fees, grants & contributions

Leadership compensation

Thomas Kegelman
EXECUTIVE DIRECTOR/ CLERK
$169,946
89th percentile vs. peers
Joesiah Gonzalez
CHEIFPHILANTHROPY & COMMUNICATIONS OFFICER
$162,446
83th percentile vs. peers
Jennica Huff
DIRECTOR OF REAL ESTATE
$140,537
83th percentile vs. peers
Peter Seafino
SENIOR PROJECT MANAGER
$136,698
83th percentile vs. peers

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Home City Development Inc Executive Compensation | 990 Data | DoubleNine