HOMES FOR OUR TROOPS INC Charity Report

Public IRS 990 nonprofit record

HOMES FOR OUR TROOPS INC

EIN 54-2143612 · Housing & Shelter N.E.C. (L99)

What they do

HOMES for OUR TROOPS BUILDS and DONATES SPECIALLY ADAPTED CUSTOM HOMES NATIONWIDE for SEVERELY INJURED POST-9/11 VETERANS to ENABLE THEM to REBUILD THEIR LIVES. (CONTINUED IN SCHEDULE O).HFOT BUILDS THESE HOMES WHERE THE VETERAN CHOOSES to LIVE and THEN CONTINUES to SUPPORT THESE VETERANS AFTER HOME DELIVERY to ASSIST THEM IN REBUILDING THEIR LIVES. AS of THE END of THE FISCAL YEAR 2025, HOMES for OUR TROOPS HAS TRANSFERRED 423 NEW HOMES IN 45 STATES and HAS 68 PROJECTS UNDER CONSTRUCTION or IN THE LAND ACQUISITION PHASE. EACH HFOT HOME is DESIGNED to PROVIDE BARRIER-FREE LIVING for OUR INJURED VETERANS and THEIR FAMILIES to RESTORE SOME of THEIR FREEDOM and INDEPENDENCE. AS PART of OUR CONTINUING SUPPORT, HFOT PROVIDES EACH VETERAN WITH A PRO-BONO FINANCIAL PLANNER for A THREE-YEAR PERIOD to ASSIST IN ESTABLISHING and MAINTAINING FINANCIAL SECURITY and SETTING HIM/HER UP for SUCCESS AS A HOMEOWNER.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $87.60 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders24 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

87.61%of revenue went to mission work87.6% of expenses · Program services

6.82%of revenue went to fundraising6.8% of expenses

$100.05spent for every $100 of revenueSpending was higher than revenue this year.

5.62%of revenue went to management and office costs5.6% of expenses

$0.56in assets for every $1 spent this yearSome assets cannot be spent right away.

99.3%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $25,264 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $218,094 for H T LANDWERMEYER (PRESIDENT/CEO BG, USA (RET)). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$45,975,011

Mission workProgram services$40,277,12187.61% of revenue87.6% of expenses

ManagementOffice and general costs$2,585,3965.62% of revenue5.6% of expenses

FundraisingAsking for donations$3,137,7586.82% of revenue6.8% of expenses

Total expenses$46,000,275100.05% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 87.6% mission · 5.6% management · 6.8% fundraisingTotal expenses: 100.05% of revenue

2023Expense mix: 89.8% mission · 4.8% management · 5.4% fundraisingTotal expenses: 111.94% of revenue

2022Expense mix: 88.0% mission · 5.9% management · 6.1% fundraisingTotal expenses: 99.68% of revenue

2021Expense mix: 86.5% mission · 6.9% management · 6.6% fundraisingTotal expenses: 91.52% of revenue

2020Expense mix: 86.5% mission · 7.0% management · 6.5% fundraisingTotal expenses: 91.94% of revenue

2019Expense mix: 87.1% mission · 6.3% management · 6.5% fundraisingTotal expenses: 110.70% of revenue

2018Expense mix: 85.9% mission · 6.7% management · 7.4% fundraisingTotal expenses: 106.63% of revenue

2017Expense mix: 80.6% mission · 6.3% management · 13.1% fundraisingTotal expenses: 93.44% of revenue

Money in and money out

Revenue$45,975,011

Expenses$46,000,275

Annual shortfall $25,264 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$40,277,121 · 87.6% of expenses

Management and office costs$2,585,396 · 5.6% of expenses

Fundraising$3,137,758 · 6.8% of expenses

See all reported dollar amounts

Revenue$45,975,011

Expenses$46,000,275

Assets$25,642,691

Income$53,839,834

Contributions$45,652,232

Mission work (program services)$40,277,121

Fundraising$3,137,758

Management and general$2,585,396

Executive compensation (total)$601,363

Stocks and bonds$6,257,346

Accounting fees$92,537

Investing fees$18,478

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

H T LANDWERMEYERPRESIDENT/CEO BG, USA (RET) · 40 hrs/week $218,094Base $209,466 · Other $8,628

CYNTHIA R BAPTISTECHIEF FINANCIAL OFFICER · 40 hrs/week $186,475Base $162,269 · Other $24,206

KATHLEEN DEVITODIRECTOR OF MARKETING · 40 hrs/week $165,426Base $130,612 · Other $34,814

WILLIAM SEYMOUR THRU 032025DIRECTOR OF CONSTRUCTION OPERATIONS · 40 hrs/week $165,059Base $139,750 · Other $25,309

WILLIAM D IVEYEXECUTIVE DIRECTOR · 40 hrs/week $160,877Base $155,446 · Other $5,431

CHRISTOPHER MITCHELLDIRECTOR OF DEVELOPMENT · 40 hrs/week $156,333Base $132,124 · Other $24,209

KATELYN DONOVANDIRECTOR OF CONSTRUCTION OPERATIONS · 40 hrs/week $128,992Base $115,430 · Other $13,562

RENEE GUGLIOTTADEPUTY DIRECTOR OF MARKETING · 40 hrs/week $127,967Base $124,199 · Other $3,768

JAYE OLMSTEADDEPUTY DIRECTOR OF DEVELOPMENT · 40 hrs/week $114,042Base $100,881 · Other $13,161

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (24)

H T LANDWERMEYERPRESIDENT/CEO BG, USA (RET)

CYNTHIA R BAPTISTECHIEF FINANCIAL OFFICER

KATHLEEN DEVITODIRECTOR OF MARKETING

WILLIAM SEYMOUR THRU 032025DIRECTOR OF CONSTRUCTION OPERATIONS

WILLIAM D IVEYEXECUTIVE DIRECTOR

CHRISTOPHER MITCHELLDIRECTOR OF DEVELOPMENT

KATELYN DONOVANDIRECTOR OF CONSTRUCTION OPERATIONS

RENEE GUGLIOTTADEPUTY DIRECTOR OF MARKETING

JAYE OLMSTEADDEPUTY DIRECTOR OF DEVELOPMENT

JOHN R ALLEN GEN USMC RETDIRECTOR

TIMOTHY P MCHALE MG USA RETDIRECTOR

RICHARD A CODY GEN USA RETCHAIRMAN/DIRECTOR

MICHELLE F YARBOROUGH COLUSADIRECTOR/TREASURER

MATTHEW F ANDRESENDIRECTOR

MARVIN L HILL CSM USA RETDIRECTOR

KENNETH O PRESTON SMA RETDIRECTOR

ADAM KISIELEWSKI SGT USMCRETDIRECTOR

JOHN F CAMPBELL GEN USA RETDIRECTOR

JERRY MORGANDIRECTOR

HON PATRICK J MURPHYDIRECTOR

FREDERICK H GREIN JRSECRETARY (NON-VOTING)

DIANE HENDRICKSDIRECTOR

DAN FOUGEREDIRECTOR

CAMERON WEST CAPT USMC RETDIRECTOR

About this charity

Recognized since: January 2004
Location: 6 MAIN ST, TAUNTON, MA 02780-2733
County: Bristol
In care of: % CYNTHIA R BAPTISTE
Primary officer: H T LANDWERMEYER, PRESIDENT/CEO BG, USA (RET)

How to reach them

WebsiteVisit the charity’s website Emailinfo@hfotusa.org Phone(508) 823-3300

Filing and classification

Latest tax year: 2024
Tax period began: October 1, 2024
Return type: 990
Tax preparer: GRANT THORNTON ADVISORS LLC
NTEE classification: Housing & Shelter N.E.C. (L99)
IRS tax category: Housing & Shelter N.E.C.