Public Charity

HEARTHSTONE HOUSING FOUNDATION

Based in Newport Beach, CA, HEARTHSTONE HOUSING FOUNDATION operates as a Public Charity. The organization reported $2.2M in revenue, $1.7M in expenses, $45.6M in total assets for fiscal year 2024. Imperigo tracks 1 reported grants from this foundation totaling approximately $10K.

EIN: 330651131 Newport Beach, CA Latest filing: 2024
Total Revenue$2.2M
Total Expenses$1.7M
Total Assets$45.6M
Grants Given1
Grant Total$10K
Filing Years2019–2024

Mission

Hearthstone Housing Foundation is dedicated to providing service-enriched affordable housing for families of low income, the elderly and the disabled. Hearthstones charter also includes combating community deterioration to lessen the burdens of government. Our Mission is carried out by:-Partnering with private developers to build quality housing in areas of need-Coordinating property management and supportive services to promote self-sufficiency and independence for residents-Leveraging funds to increase the availability of affordable housing-Advocating on behalf of low income seniors, families and the disabled-Providing support for programs which promote the development of affordable housing-Offering academic scholarships to our residents and surrounding communities.Our Vision:Our vision is for all people to enjoy quality affordable housing regardless of their age or income, and that all persons have access to necessary services in order to maintain a self-sufficient and independent l

Where $100 goes at Hearthstone Housing Foundation

How Hearthstone Housing Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$81 Programs the work itself
$19 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $81 for programs

$64
Acquisition, development and management of affordable housing properties
79% of program spending
$9
Helping Hands is a social service program that provides resources to residents that promote positive and healthy lifestyles
11% of program spending
$7
Scholarship fund to offer academic scholarships to our residents and surrounding communities
9% of program spending

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Given

orange, CA · 2024
adult residential facility
$10,000

Showing up to 5 of 1 total records — full history available with membership.

Officers & Directors

Treasurer & sec Juan Maldonado
Director Michael Hemmens
President Socorro Vasquez
Director Ted E Bean
Vice President Victor Wu

Officer compensation and complete director data available with membership.

Top Grant Purposes

Unspecified
$10,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $2.2M $1.7M $45.6M
2023 $2.0M $1.5M $47.8M
2022 $2.1M $1.4M $35.9M
2020 $2.6M $1.5M $18.8M
2019 $2.3M $1.5M $20.3M

Between 2019 and 2024, reported annual revenue held roughly steady at around $2.2M, with total assets most recently reported at $45.6M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in CA.

CA

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for HEARTHSTONE HOUSING FOUNDATION

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