HOMES FOR OUR TROOPS INC

EIN: 542143612 501(c)(3) Housing & Shelter

TAUNTON, MA

Total Revenue
$45,975,011
Total Expenses
$46,000,275
Total Assets
$25,642,691
Net Assets
$16,757,526
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
MA
Principal Officer
H T LANDWERMEYER
Phone
5088233300
Tax Period
2024-10-01 to 2025-09-30

HOMES FOR OUR TROOPS INC, founded in 2004, is a mid-sized nonprofit in the Housing & Shelter sector that reported $46.0M in total revenue in fiscal year 2024.

Mission

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.

Program Service Accomplishments

Program 1
Expenses: $40,277,121 Revenue: $0

NEW HOME PROGRAM: UNDER THIS PROGRAM, HOMES FOR OUR TROOPS, INC (HFOT) BUILDS NEW, SINGLE-FAMILY, SPECIALLY-ADAPTED CUSTOM HOMES THAT PROVIDE BARRIER-FREE LIVING TO SEVERELY INJURED VETERANS AND...

Read more

NEW HOME PROGRAM: UNDER THIS PROGRAM, HOMES FOR OUR TROOPS, INC (HFOT) BUILDS NEW, SINGLE-FAMILY, SPECIALLY-ADAPTED CUSTOM HOMES THAT PROVIDE BARRIER-FREE LIVING TO SEVERELY INJURED VETERANS AND THEIR FAMILIES. EACH HOME IS BUILT WITH OVER 40 MAJOR ADAPTATIONS (E.G., ROLL-UNDER COUNTERS, SINKS, AND STOVES; ROLL-IN SHOWERS; WIDER HALLS AND DOORWAYS; FULL-HOME GENERATORS; PULL-DOWN SHELVING; STORM ROOMS) TO PROVIDE BARRIER-FREE LIVING TO THE VETERANS AND RESTORE SOME OF THEIR FREEDOM AND INDEPENDENCE. (CONTINUED IN SCHEDULE O).DURING THE FISCAL YEAR ENDED 09/30/2025, HOMES FOR OUR TROOPS, INC. TRANSFERRED 23 NEW HOMES ACROSS THE COUNTRY, PURCHASED 26 LOTS FOR FUTURE BUILDS, AND BROUGHT 24 NEW VETERANS INTO THE PROGRAM. HOMES FOR OUR TROOPS, INC. ENDED THE FISCAL YEAR WITH A TOTAL OF 423 HOMES TRANSFERRED IN 45 STATES AND 68 PROJECTS UNDERWAY. IN ADDITION TO BUILDING HOMES, HOMES FOR OUR TROOPS, INC CONTINUED ITS SUPPORT TO VETERANS WHO ARE REBUILDING THEIR LIVES BY ASSISTING THEM WITH CHALLENGES THEY ENCOUNTER, AND EXPANDING ITS NETWORK OF NON-PROFITS AND OTHER ENTITIES TO PROVIDE ASSISTANCE. 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.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $45,652,232
Program Service Revenue $0
Investment Income $301,360
Other Revenue $21,419
TOTAL REVENUE $45,975,011

Expense Breakdown

Grants Paid $27,569,920
Salaries & Benefits $7,744,223
Fundraising Expenses $3,137,758
Program Expenses $40,277,121
Other Expenses $10,686,132
TOTAL EXPENSES $46,000,275

Year-over-Year Comparison

2024 2023 Change
Revenue $45,975,011 $44,594,192 +0.0%
Expenses $46,000,275 $49,920,937 -0.1%
Net Income $-25,264 $-5,326,745 -1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
15
Independent Members
14
Employees
82
Volunteers
2433

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
9
$1,015,830
Total Directors
15
$218,094
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
H T LANDWERMEYER PRESIDENT/CEO BG, USA (RET) 40.00
Officer Director
$209,466 $8,628 $218,094
RICHARD A CODY GEN USA RET CHAIRMAN/DIRECTOR 1.00
Officer Director
$0 $0 $0
MICHELLE F YARBOROUGH COLUSA DIRECTOR/TREASURER 1.00
Officer Director
$0 $0 $0
ADAM KISIELEWSKI SGT USMCRET DIRECTOR 1.00
Director
$0 $0 $0
MATTHEW F ANDRESEN DIRECTOR 1.00
Director
$0 $0 $0
HON PATRICK J MURPHY DIRECTOR 1.00
Director
$0 $0 $0
JERRY MORGAN DIRECTOR 1.00
Director
$0 $0 $0
TIMOTHY P MCHALE MG USA RET DIRECTOR 1.00
Director
$0 $0 $0
DAN FOUGERE DIRECTOR 1.00
Director
$0 $0 $0
MARVIN L HILL CSM USA RET DIRECTOR 1.00
Director
$0 $0 $0
JOHN F CAMPBELL GEN USA RET DIRECTOR 1.00
Director
$0 $0 $0
CAMERON WEST CAPT USMC RET DIRECTOR 1.00
Director
$0 $0 $0
JOHN R ALLEN GEN USMC RET DIRECTOR 1.00
Director
$0 $0 $0
KENNETH O PRESTON SMA RET DIRECTOR 1.00
Director
$0 $0 $0
DIANE HENDRICKS DIRECTOR 1.00
Director
$0 $0 $0
WILLIAM D IVEY EXECUTIVE DIRECTOR 40.00
Officer
$155,446 $5,431 $160,877
CYNTHIA R BAPTISTE CHIEF FINANCIAL OFFICER 40.00
Officer
$162,269 $24,206 $186,475
WILLIAM SEYMOUR THRU 032025 DIRECTOR OF CONSTRUCTION OPERATIONS 40.00
Officer
$139,750 $25,309 $165,059
CHRISTOPHER MITCHELL DIRECTOR OF DEVELOPMENT 40.00
Officer
$132,124 $24,209 $156,333
FREDERICK H GREIN JR SECRETARY (NON-VOTING) 1.00
Officer
$0 $0 $0
KATELYN DONOVAN DIRECTOR OF CONSTRUCTION OPERATIONS 40.00
Officer
$115,430 $13,562 $128,992
KATHLEEN DEVITO DIRECTOR OF MARKETING 40.00
Highest
$130,612 $34,814 $165,426
RENEE GUGLIOTTA DEPUTY DIRECTOR OF MARKETING 40.00
Highest
$124,199 $3,768 $127,967
JAYE OLMSTEAD DEPUTY DIRECTOR OF DEVELOPMENT 40.00
Highest
$100,881 $13,161 $114,042
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $45,975,011 $46,000,275 $25,642,691 $-25,264
2024 $44,594,192 $49,920,937 $24,205,410 $-5,326,745
2023 $38,509,973 $38,386,481 $32,262,798 $123,492
2022 $35,704,270 $32,677,987 $32,216,870 $3,026,283
2021 $30,920,387 $28,429,244 $31,337,246 $2,491,143
2020 $27,391,343 $30,323,044 $24,906,629 $-2,931,701
2019 $26,197,504 $27,934,447 $28,094,668 $-1,736,943
2018 $29,430,045 $27,498,075 $25,875,135 $1,931,970
Explore More Nonprofits
Top 100 Nonprofits in Massachusetts Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare HOMES FOR OUR TROOPS INC with other nonprofits in Massachusetts and across the country.