Homefree USA Inc logo

Homefree USA Inc

Grantmaker Landover, MD EIN: 52-1885132 Website

HOMEFREE USA INC is a public charity based in Landover, Maryland, formed in 1994. It works on homeownership development, foreclosure intervention, and financial empowerment, including through a nationwide network of nonprofit affiliate organizations.

Key facts about Homefree USA Inc

In short: Homefree USA Inc gave $2.3M across 42 grants in 2024 (avg $56K), top state Massachusetts. 64% of 2024 grantees were new. Source: 2024 IRS Form 990 filing.

EIN
52-1885132
Latest 990 filing
Form 990 filing, 2024
Annual giving (2024)
$2,348,817
Grants made (2024)
42
Average grant
$55,924
Median grant
$30,008
New grantees (estimate)
64% first-time grantees (27 of 42, 2024)
Total assets
$12,198,740
Primary geography
Massachusetts (23% of itemized 2024 grant dollars)

Data from IRS Form 990 filing, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Financial Overview

From 2024 IRS Form 990 filing · View filing

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

Is Homefree USA Inc open to new grantees?

64%

first-time grantees, 2024

In 2024, 27 of 42 grantees (64%) were first-time recipients. First grants averaged $65K; repeat grants $40K. How we count

Medians: $28K first-time, $30K repeat.

  • 29% of 2024 grantees were also funded in 2023. Method
  • Giving fell 34% from 2021 to 2024. Method

Estimate from itemized grant lists in IRS Form 990 filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

HomeFree USA’s stated mission is to empower minorities and women to attain or maintain homeownership and financial stability, providing financial tools to support informed decision-making. Its stated program areas include housing counseling and helping low- and moderate-income families move into owned or rental housing.

The organization says its Homeownership program develops the knowledge, skills, and practices needed for successful homeownership, including HUD housing assistance administered through its affiliate network. It also describes a Center for Financial Advancement program that provides counseling and career services to HBCU students, with a goal of preparing students for fields related to mortgage lending, real estate, and property ownership and management.

In 2024, HomeFree USA made grants for housing counseling to nonprofit organizations in its affiliate network. The grantees’ stated missions illustrate the range of organizations supported: HELP Community Development Corporation says it works toward community well-being through education, economic development, and homeownership; Portland Housing Center says it provides homeownership education, counseling, and financial services; and Shalom Center for Tree of Life says it provides free counseling and training to low- and moderate-income homebuyers in the Los Angeles and Orange County areas.

Grantmaking

In filing year 2024, HomeFree USA reported 42 grants totaling $2,348,817. Grant amounts ranged from $10,072 to $542,000, with a median of $30,008. The grants were primarily for housing counseling assistance or services.

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Geographic Focus

Where this funder awards grants

HomeFree USA describes delivering services nationwide through its affiliate network. In 2024, the largest shares of its grant dollars by recipient state went to Massachusetts (23%), Florida (21%), California (13%), North Carolina (9%), and Delaware (7%).

Grant Distribution by State

21states

Share of 2024 grant dollars across all 42 itemized grants.

Cities

Los AngelesWilmingtonBaltimoreCharlotteDoverJacksonvilleNashvillePompano BeachPortlandMiamiOrlandoPhiladelphiaSaint PetersburgAgawamChicagoCoronaHillsboroughLa VergneLong BeachNorthport

Giving Over Time

Total grant dollars and number of grants per year

$0$5M$10M$15M$20M31 grants2020 35 grants2021 44 grants2022 43 grants2023 42 grants2024

From 2020 to 2024, annual grant giving ranged from $2.3M (2024) to $15.2M (2022). In 2024 it made 42 grants totaling $2.3M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Cambridge Company: $542KCambridge Company$542KHELP Community Development Corporation: $134KHELP Community DevelopmentCorporation$134KH and Neighborhood Development Services: $100KH and Neighborhood DevelopmentServices$100KSafeguard Credit Counseling Service Inc: $90KSafeguard Credit CounselingService Inc$90KUSA Homeownership: $90KUSA Homeownership$90KReal Estate and Community Housing: $87KReal Estate and CommunityHousing$87KPortland Housing Center: $80KPortland Housing Center$80KServices of Hope: $78KServices of Hope$78KNeighborhood Partners: $77KNeighborhood Partners$77KCentre for Economic Development: $75KCentre for EconomicDevelopment$75K

The largest 2024 recipient was Cambridge Company ($542K). Together the top 10 received $1.4M.

Grant Size Distribution

195 grants across all recorded years

83<$50K56$50–100K39$100–250K10$250–500K2$500K–1M4$1–5M1$5M+

The most common grant size was under $50K: 83 grants of 195 (43%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Cambridge Company Agawam, MAHousing Counseling Assistance$542,000
HELP Community Development Corporation Maitland, FLHousing Counseling Services$133,507
H and Neighborhood Development Services Orlando, FLHousing Counseling Services$99,891
Safeguard Credit Counseling Service Inc Northport, NYHousing Counseling$90,001
USA Homeownership Corona, CAHousing Counseling$90,000
Real Estate and Community Housing Palm Beach Gardens, FLHousing Counseling$87,000
Portland Housing Center Portland, ORHousing Counseling$80,000
Services of Hope Dallas, TXHousing Counseling$77,999
Neighborhood Partners Dover, DEHousing Counseling Services$77,027
Centre for Economic Development Hillsborough, NCHousing Counseling Services$75,000

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grant total Grant count
2024 $12,198,740 $11,298,683 $11,024,321 $2,348,817 42
2023 $4,583,341 $17,217,361 $17,465,119 $7,646,422 43
2022 $7,003,294 $34,679,494 $33,371,977 $15,196,159 44
Revenue
Expenses
Net Investment Income
$0$10M$20M$30M$40M2020 2021 2022 2023 2024
Metric202420232022
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$33,371,977
Net Investment Income$-67,795$-153,979—

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Marcia Griffin as President & CEO and James Griffin as Executive Vice President. Other listed officers and directors are Milan Griffin, Vice President; Quentin Cantlo, SVP Chief Information Officer; Gwendolyn Garnett, Exec. VP & Manager CFA; Alfreda Williams, Director Homeownership; Simone Griffin, EVP Manag. Director Affiliate Network; Elena Robinson, IT Manager; Jared Magoon, IT Development Officer; and Luwanna Williams, CFA University Director.

Homefree USA Inc is led by Marcia J Griffin, President & CEO since 2024 (on filings since 2020); 10 of 16 officers listed in 2024 are compensated.

Officers on the 2024 filing

  • Marcia J Griffin

    President & CEO

    President & CEO → President CEO, 2021

    President CEO → President & CEO, 2024

    On filings since 2020

    40 hrs/week

    $162K (2020) → $374K (2024)

  • Alfreda Williams

    Director Homeownership

    New on the 2024 filing

    40 hrs/week

    $108K (2024)

  • Luwanna Williams

    Cfa University Director

    New on the 2024 filing

    40 hrs/week

    $87K (2024)

  • Paul Koches

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Gwendolyn Garnett

    Executive Vice President & Manager Cfa

    Board Chairperson → Board Member, 2023

    Board Member → Executive Vice President & Manager Cfa, 2024

    On filings since 2020

    40 hrs/week

    $75K (2020) → $121K (2024)

  • James M Griffin

    Executive Vice President

    COO → Executive Vice President, 2023

    On filings since 2020

    40 hrs/week

    $108K (2020) → $281K (2024)

  • Milan Griffin

    Vice President

    Chief Operations Officer → Vice President, 2024

    On filings since 2023

    40 hrs/week

    $113K (2023) → $129K (2024)

  • Simone Griffin

    Executive Vice President Manag. Director Affiliate Network

    Operations Manger → Executive Vice President Manag. Director Affiliate Network, 2024

    On filings since 2023

    40 hrs/week

    $102K (2023) → $107K (2024)

  • Elena Robinson

    It Manager

    New on the 2024 filing

    40 hrs/week

    $101K (2024)

  • Jared Magoon

    It Development Officer

    New on the 2024 filing

    40 hrs/week

    $97K (2024)

  • Quentin Cantlo

    Senior Vice President Chief Information Officer

    New on the 2024 filing

    40 hrs/week

    $126K (2024)

  • Efe Aghimien

    Board of Directors

    Board Director → Board of Directors, 2024

    On filings since 2023

    2 hrs/week

    No compensation reported

  • Frank Sims

    Board Member

    Board Director → Board Member, 2024

    On filings since 2023

    2 hrs/week

    No compensation reported

  • Joseph Ohayon

    Board of Directors

    Board Director → Board of Directors, 2024

    On filings since 2023

    2 hrs/week

    No compensation reported

  • Megan Moore

    Board of Directors

    Board Director → Board of Directors, 2024

    On filings since 2023

    2 hrs/week

    No compensation reported

  • William Lewis

    Board of Directors

    Board Director → Board of Directors, 2024

    On filings since 2023

    2 hrs/week

    No compensation reported

Former officers (6)
  • Former: Christine Gould (2020–2023) — Senior Communications Officer
  • Former: Marion Cantlo (2023) — Chief Information Officer
  • Former: Michael Waldreon (2023) — Board Chair
  • Former: Earlene M. Fields (2020–2022) — Secretary
  • Former: Philip W Bracken (2020–2022) — Director
  • Former: Joe Ohayon (2020) — Director

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Marcia Griffin — President & CEO: $374KMarcia GriffinPresident & CEO$374KJames Griffin — Executive Vice President: $281KJames GriffinExecutive Vice President$281KMilan Griffin — Vice President: $129KMilan GriffinVice President$129KQuentin Cantlo — SVP Chief Information Officer: $126KQuentin CantloSVP Chief Information Officer$126KGwendolyn Garnett — Exec. VP & Manager CFA: $121KGwendolyn GarnettExec. VP & Manager CFA$121KAlfreda Williams — Director Homeownership: $108KAlfreda WilliamsDirector Homeownership$108KSimone Griffin — EVP Manag. Director Affiliate Network: $107KSimone GriffinEVP Manag. Director Affiliate…$107KElena Robinson — IT Manager: $101KElena RobinsonIT Manager$101KJared Magoon — IT Development Officer: $97KJared MagoonIT Development Officer$97KLuwanna Williams — CFA University Director: $87KLuwanna WilliamsCFA University Director$87K

The highest reported compensation on the 2024 filing was $374K, to Marcia Griffin (President & CEO). 10 officers or directors reported compensation on that filing.

Contact

Mailing address: 8401 Corporate Drive, Landover, MD 20785
Phone: (301) 891-8400
Website: https://homefreeusa.org

Frequently asked questions about Homefree USA Inc

How much does Homefree USA Inc give each year?

Homefree USA Inc gave $2.3M across 42 grants in 2024, according to its 2024 IRS Form 990 filing. In 2023 it gave $7.6M across 43 grants.

What is Homefree USA Inc's typical grant size?

Homefree USA Inc's median grant in 2024 was $30,008, and its average grant was $55,924, across 42 grants on its 2024 IRS Form 990 filing. Organizations receiving their first grant from Homefree USA Inc that year got $65K on average.

Where does Homefree USA Inc give grants?

Homefree USA Inc's top state is Massachusetts, with 23% of the grant dollars itemized on its 2024 IRS Form 990 filing. The next largest states were Florida (21%) and California (13%). The most frequent recipient cities were Wilmington, DE (3 grants), Portland, OR (2 grants), Charlotte, NC (2 grants) and Philadelphia, PA (2 grants).

Does Homefree USA Inc give general operating support?

Not in 2024: none of the 42 grants with a stated purpose on Homefree USA Inc's 2024 IRS Form 990 filing were described as general or operating support. Recurring purposes include "Housing Counseling" (19 grants), "Housing Counseling Services" (16 grants) and "Housing Counseling Assistance" (6 grants).

Who are Homefree USA Inc's largest grantees?

Homefree USA Inc's largest 2024 grantees include Cambridge Company ($542,000), HELP Community Development Corporation ($133,507) and H and Neighborhood Development Services ($99,891), according to its 2024 IRS Form 990 filing. Together they received 33% of its itemized 2024 grant dollars.

How large is Homefree USA Inc?

Homefree USA Inc reported $12.2M in total assets on its 2024 IRS Form 990 filing. Its revenue that year was $11.3M.

What does Homefree USA Inc fund?

HomeFree USA’s stated mission is to empower minorities and women to attain or maintain homeownership and financial stability, providing financial tools to support informed decision-making. See mission & focus areas ↑

How do I apply for a grant from Homefree USA Inc?

Homefree USA Inc has no public application process in the sources Grantable reviewed. Check homefreeusa.org for current guidelines, or contact the foundation directly before submitting a request.

What is Homefree USA Inc's EIN?

Homefree USA Inc's EIN (Employer Identification Number) is 52-1885132. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.

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