Homefree Usa Inc
Homefree USA, Inc. was organized under the laws of the State of Maryland in 1994. HFUSA is non profit 501 (C) (3) organization. The organization specializes in homeownership development foreclosure intervention and financial empowerment. It empowers minorities and women to attain and/or maintain home ownership and financial stability, with a focus on providing the financial tools needed to facilitate wise and cautious decision making. The organization is one of the leaders in accessing untapped mainstream financial resources and delivering them to individuals, families and communities. Major programs include: Housing Counseling and moving low and moderate income families to owned and rental housing.
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$12.2M
+166.2% YoY
Annual Giving
$2.3M
-69.3% YoY
Grant Count
42
-2.3% YoY
Avg Grant Size
$56K
-68.6% YoY
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $12,198,740 | $4,583,341 | $7,003,294 |
| Revenue | $11,298,683 | $17,217,361 | $34,679,494 |
| Expenses | $11,024,321 | $17,465,119 | $33,371,977 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $-67,795 | $-153,979 | — |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
195 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Homefree Usa Inc fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Marcia Griffin | President & CEO | 40 | $374,328 |
| James Griffin | Executive Vice President | 40 | $281,410 |
| Milan Griffin | Vice President | 40 | $128,660 |
| Quentin Cantlo | SVP Chief Information Officer | 40 | $126,151 |
| Gwendolyn Garnett | Exec. VP & Manager CFA | 40 | $121,342 |
| Alfreda Williams | Director Homeownership | 40 | $107,741 |
| Simone Griffin | EVP Manag. Director Affiliate Network | 40 | $106,600 |
| Elena Robinson | IT Manager | 40 | $101,178 |
| Jared Magoon | IT Development Officer | 40 | $97,144 |
| Luwanna Williams | CFA University Director | 40 | $87,177 |
| Frank Sims | Board Member | 2 | — |
| Megan Moore | Board of Directors | 2 | — |
| Joseph Ohayon | Board of Directors | 2 | — |
| William Lewis | Board of Directors | 2 | — |
| Efe Aghimien | Board of Directors | 2 | — |
| Paul Koches | Director | 1 | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
States
Cities
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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