Mission
Facilitate and assist low and moderate income persons and families in securing good quality homes.
Public Charity
Homes are Possible Inc
Based in Aberdeen, SD, Homes are Possible Inc operates as a Public Charity. The organization reported $713K in revenue, $971K in expenses, $8.1M in total assets for fiscal year 2025. Imperigo tracks 5 reported grant relationships connected to this organization totaling approximately $130K.
EIN: 460458578
Aberdeen, SD
Housing Support
NTEE: L80
Latest filing: 2025
Total Revenue$713K
Total Expenses$971K
Total Assets$8.1M
Grant Records5
Funding Total$130K
Filing Years2021–2025
Where $100 goes at Homes are Possible Inc
How Homes are Possible Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
$89
Programs
the work itself
$11
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 $89 for programs
$89
During the year, HAPI provided administration in grant funds to individuals to allow individuals to purhase and rehabilitate homes
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
HOMEOWNER EDUCATION
$25,950
HOMEOWNER EDUCATION
$14,575
HOMEOWNER EDUCATION
$30,000
HOMEOWNER EDUCATION
$29,825
Community welfare and betterment
$30,000
Showing up to 5 of 5 total records — full history available with membership.
Officers & Directors
Secretary
Ann Langbehn
Chairman
Barb Grosz
Director
Brenda Waage
Vice Chairman
Brent Heinert
Director
Brett Bill
Director
Bruce Jones
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $713K | $971K | $8.1M |
| 2024 | $4.4M | $3.8M | $8.7M |
| 2023 | $1.5M | $779K | $7.4M |
| 2022 | $1.3M | $865K | $6.7M |
| 2021 | $1.8M | $599K | $6.3M |
Between 2021 and 2025, reported annual revenue declined from $1.8M to $713K (-60%), with total assets most recently reported at $8.1M.
Interactive year-over-year charts and full filing details available with membership.