TY 2011 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Nonexempt Charitable Trust
Treated as a Private Foundation

Note. The foundation may be able to use a copy of this return to satisfy state reporting requirements.

OMB No. 1545-0052

2011

For calendar year 2011, or tax year beginning 04-01-2011 , and ending 03-31-2012

Check all that apply:Initial returnInitial return of a former public charityFinal return

Amended returnAddress changeName change

Name of foundation
THE HOMESTEAD INC

Number and street (or P.O. box number if mail is not delivered to street address)73 RIVER STREET Room/suite

City or town, state, and ZIP code
WOODSTOCK, VT05091

A Employer identification number

03-0195636

B Telephone number (see page 10 of the instructions)

(802) 457-1310

C If exemption application is pending, check here bullet

D 1. Foreign organizations, check here . bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trustOther taxable private foundation 2. Foreign organizations meeting the 85% test,
check here and attach computation bullet

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$742,318J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

E If private foundation status was terminated
under section 507(b)(1)(A), check here bullet

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here bullet

	Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see page 11 of the instructions).)	(a) Revenue and expenses per books		(b) Net investment income	(c) Adjusted net income	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)	387,765
2	Check
3	Interest on savings and temporary cash investments	221		221	221
4	Dividends and interest from securities......	292		292	292
5a	Gross rents..............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10
b	Gross sales price for all assets on line 6a
7	Capital gain net income (from Part IV, line 2)...			0
8	Net short-term capital gain.........
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......		494,275		494,275
12	Total. Add lines 1 through 11........	882,553		513	494,788
13	Compensation of officers, directors, trustees, etc.	73,500				73,500
14	Other employee salaries and wages......	371,995				371,995
15	Pension plans, employee benefits.......	95,653				95,653
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......		16,742			16,742
c	Other professional fees (attach schedule)....
17	Interest...............
18	Taxes (attach schedule) (see page 14 of the instructions)		34,734			34,734
19	Depreciation (attach schedule) and depletion...		51,877
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		253,635			253,635
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	898,136		0		846,259
25	Contributions, gifts, grants paid........	0				0
26	Total expenses and disbursements. Add lines 24 and 25	898,136		0		846,259
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-15,583
b	Net investment income (if negative, enter -0-)			513
c	Adjusted net income (if negative, enter -0-)...				494,788

For Privacy Act and Paperwork Reduction Act Notice, see page 30 of the instructions.

Cat. No. 11289X Form 990-PF (2011)

Form 990-PF (2011)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing...............
	2	Savings and temporary cash investments..........	158,978	183,996	183,996
	3	Accounts receivable 2,872
		Less: allowance for doubtful accounts	9,179	2,872	2,872
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see page 15 of the
		instructions)....................
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use...............	1,241	1,660	1,660
	9	Prepaid expenses and deferred charges...........	19,340	18,012	18,012
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule)........
	c	Investments—corporate bonds (attach schedule)........
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans..............
	13	Investments—other (attach schedule)...........	10,614	10,834	10,834
	14	Land, buildings, and equipment: basis 1,820,394
		Less: accumulated depreciation (attach schedule) 1,295,450	565,434	524,944	524,944
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	764,786	742,318	742,318
	17	Accounts payable and accrued expenses..........	24,039	23,932
	18	Grants payable...................
	19	Deferred revenue..................	102,990	96,250
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )	1	1
	23	Total liabilities (add lines 17 through 22)..........	127,030	120,183
		Foundations that follow SFAS 117, check here
		and complete lines 24 through 26 and lines 30 and 31.
	24	Unrestricted....................	621,498	622,135
	25	Temporarily restricted................	16,258
	26	Permanently restricted................
		Foundations that do not follow SFAS 117, check here
		and complete lines 27 through 31.
	27	Capital stock, trust principal, or current funds.........
	28	Paid-in or capital surplus, or land, bldg., and equipment fund
	29	Retained earnings, accumulated income, endowment, or other funds
	30	Total net assets or fund balances (see page 17 of the
		instructions)....................	637,756	622,135
	31	Total liabilities and net assets/fund balances (see page 17 of
		the instructions)..................	764,786	742,318

Part III	Analysis of Changes in Net Assets or Fund Balances
1	Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree
	with end-of-year figure reported on prior year’s return)...............	1	637,756
2	Enter amount from Part I, line 27a.....................	2	-15,583
3	Other increases not included in line 2 (itemize)	3	2
4	Add lines 1, 2, and 3..........................	4	622,175
5	Decreases not included in line 2 (itemize)	5	40
6	Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.	6	622,135

Form 990-PF (2011)

Page 3

Part IV

Capital Gains and Losses for Tax on Investment Income

(a) List and describe the kind(s) of property sold (e.g., real estate, 2-story brick warehouse; or common stock, 200 shs. MLC Co.)		(b) How acquired P—Purchase D—Donation	(c) Date acquired (mo., day, yr.)	(d) Date sold (mo., day, yr.)
1a
b
c
d
e

(e) Gross sales price		(f) Depreciation allowed (or allowable)	(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a
b
c
d
e

Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69
(i) F.M.V. as of 12/31/69	(j) Adjusted basis as of 12/31/69	(k) Excess of col. (i) over col. (j), if any
a
b
c
d
e

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see pages 13 and 17 of the instructions). If (loss), enter -0- in Part I, line 8 . . . . . . . . . . . . .		3

Part V

Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income

(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.

Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period? Yes No

If “Yes,” the foundation does not qualify under section 4940(e). Do not complete this part.

1 Enter the appropriate amount in each column for each year; see page 18 of the instructions before making any entries.
(a) Base period years Calendar year (or tax year beginning in)	(b) Adjusted qualifying distributions	(c) Net value of noncharitable-use assets	(d) Distribution ratio (col. (b) divided by col. (c))
2010	803,643	113,519	7.079370
2009	864,697	124,818	6.927663
2008	1,242,182	200,566	6.193383
2007	789,862	370,815	2.130070
2006	743,500	354,221	2.098972

2	Total of line 1, column (d) ......................	2	24.429458
3	Average distribution ratio for the 5-year base period—divide the total on line 2 by 5, or by the number of years the foundation has been in existence if less than 5 years. . .	3	4.885892
4	Enter the net value of noncharitable-use assets for 2011 from Part X, line 5.....	4	136,237
5	Multiply line 4 by line 3.......................	5	665,639
6	Enter 1% of net investment income (1% of Part I, line 27b)...........	6	5
7	Add lines 5 and 6.........................	7	665,644
8	Enter qualifying distributions from Part XII, line 4..............	8	857,643
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions on page 18.

Form 990-PF (2011)

Page 4

Part VI

Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)

1a	Exempt operating foundations described in section 4940(d)(2), check hereand enter “N/A” on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Domestic foundations that meet the section 4940(e) requirements in Part V, check	1	5
	hereand enter 1% of Part I, line 27b...................
c	All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2	0
3	Add lines 1 and 2............................	3	5
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-).	4
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	5
6	Credits/Payments:

a	2011 estimated tax payments and 2010 overpayment credited to 2011	6a
b	Exempt foreign organizations—tax withheld at source.......	6b
c	Tax paid with application for extension of time to file (Form 8868)	6c	5
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	5
8	Enter any penalty for underpayment of estimated tax. Check hereif Form 2220 is attached.		8
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2012 estimated tax0	Refunded	11

Part VII-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of

the instructions for definition)?............................

If the answer is “Yes” to 1a or 1b, attach a detailed description of the activities and copies of any materials

published or distributed by the foundation in connection with the activities.

Did the foundation file Form 1120-POL for this year?.....................

Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:

(1) On the foundation. bullet

$ (2) On foundation managers. bullet

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If “Yes,” attach a detailed description of the activities.

Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles

of incorporation, or bylaws, or other similar instruments? If “Yes,” attach a conformed copy of the changes....

Did the foundation have unrelated business gross income of $1,000 or more during the year?........

If “Yes,” has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If “Yes,” attach the statement required by General Instruction T.

Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:

By language in the governing instrument, or

By state legislation that effectively amends the governing instrument so that no mandatory directions

that conflict with the state law remain in the governing instrument?................

Did the foundation have at least $5,000 in assets at any time during the year? If “Yes,” complete Part II, col. (c), and Part XV.

Yes

Enter the states to which the foundation reports or with which it is registered (see page 19 of the

instructions) bullet

If the answer is “Yes” to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney

General (or designate) of each state as required by General Instruction G? If “No,” attach explanation .

Yes

Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)

or 4942(j)(5) for calendar year 2011 or the taxable year beginning in 2011 (see instructions for Part XIV on

page 27)? If “Yes,” complete Part XIV..........................

Yes

Did any persons become substantial contributors during the tax year? If “Yes,” attach a schedule listing their names and addresses.

At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the

meaning of section 512(b)(13)? If "Yes," attach schedule. (see page 20 of the instructions) .......

Did the foundation acquire a direct or indirect interest in any applicable insurance contract before August 17, 2008?

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

N/A

The books are in care of bullet

FRANCES VAN DA GRIFF Telephone no. bullet

(802) 457-1310

Located at bullet

73 RIVER STREETWOODSTOCKVT ZIP+4 bullet

05091

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —Check here......... bullet

and enter the amount of tax-exempt interest received or accrued during the year ...... bullet

At any time during calendar year 2011, did the foundation have an interest in or a signature or other authority over

a bank, securities, or other financial account in a foreign country? .................

See page 20 of the instructions for exceptions and filing requirements for Form TD F 90-22.1. If "Yes", enter the name of the foreign country bullet

Form 990-PF (2011)

Page 5

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required

File Form 4720 if any item is checked in the “Yes” column, unless an exception applies.

Yes

During the year did the foundation (either directly or indirectly):

(1) Engage in the sale or exchange, or leasing of property with a disqualified person? YesNo

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person?.........................YesNo

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? YesNo

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? YesNo

(5) Transfer any income or assets to a disqualified person (or make any of either available

for the benefit or use of a disqualified person)?.................YesNo

(6) Agree to pay money or property to a government official? (Exception. Check “No”

if the foundation agreed to make a grant to or to employ the official for a period

after termination of government service, if terminating within 90 days.).........YesNo

If any answer is “Yes” to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations

section 53.4941(d)-3 or in a current notice regarding disaster assistance (see page 20 of the instructions)?...

Organizations relying on a current notice regarding disaster assistance check here......... bullet

Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,

that were not corrected before the first day of the tax year beginning in 2011?.............

Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private

operating foundation defined in section 4942(j)(3) or 4942(j)(5)):

At the end of tax year 2011, did the foundation have any undistributed income (lines 6d

and 6e, Part XIII) for tax year(s) beginning before 2011?...............YesNo

If “Yes,” list the years bullet

20, 20, 20, 20

Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)

(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)

to all years listed, answer “No” and attach statement—see page 20 of the instructions.) .........

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business

enterprise at any time during the year?.....................YesNo

If “Yes,” did it have excess business holdings in 2011 as a result of (1) any purchase by the foundation

or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved

by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)

the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine

if the foundation had excess business holdings in 2011.)....................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its

charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2011?

During the year did the foundation pay or incur any amount to:

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? YesNo

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive?...............YesNo

(3) Provide a grant to an individual for travel, study, or other similar purposes? YesNo

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 509(a)(1), (2), or (3), or section 4940(d)(2)? (see page 22 of the instructions)...YesNo

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals?........YesNo

If any answer is “Yes” to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in

Regulations section 53.4945 or in a current notice regarding disaster assistance (see page 22 of the instructions)?

Organizations relying on a current notice regarding disaster assistance check here......... bullet

If the answer is “Yes” to question 5a(4), does the foundation claim exemption from the

tax because it maintained expenditure responsibility for the grant?............YesNo

If “Yes,” attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay

premiums on a personal benefit contract?....................YesNo

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....

If “Yes” to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? YesNo

If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....

Form 990-PF (2011)

Page 6

Part VIII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors

1 List all officers, directors, trustees, foundation managers and their compensation (see page 22 of the instructions).
(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
CHARLES TAYLOR	PRESIDENT 1.00	0	0	0
73 RIVER STREET WOODSTOCK,VT05091	PRESIDENT 1.00	0	0	0
MARK POWERS	V PRESIDENT 1.00	0	0	0
73 RIVER STREET WOODSTOCK,VT05091	V PRESIDENT 1.00	0	0	0
ELLEN SATTERTHWAITE	TREASURER 1.00	0	0	0
73 RIVER STREET WOODSTOCK,VT05091	TREASURER 1.00	0	0	0
FRANCES VAN DA GRIFF	CLERK/EXECUTIVE DIRE 40.00	73,500	6,945	0
73 RIVER STREET WOODSTOCK,VT05091	CLERK/EXECUTIVE DIRE 40.00	73,500	6,945	0
JOAN MCGEE	TRUSTEE 1.00	0	0	0
73 RIVER STREET WOODSTOCK,VT05091	TRUSTEE 1.00	0	0	0
CORRINE BARR	TRUSTEE 1.00	0	0	0
73 RIVER STREET WOODSTOCK,VT05091	TRUSTEE 1.00	0	0	0
NANCY BEBO	TRUSTEE 1.00	0	0	0
73 RIVER STREET WOODSTOCK,VT05091	TRUSTEE 1.00	0	0	0

2 Compensation of five highest-paid employees (other than those included on line 1—see page 23 of the instructions). If none, enter “NONE.”
(a) Name and address of each employee paid more than $50,000	(b) Title, and average hours per week devoted to position	(c) Compensation	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
NONE









Total number of other employees paid over $50,000...................				0

3 Five highest-paid independent contractors for professional services (see page 23 of the instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
NONE

Total number of others receiving over $50,000 for professional services............. bullet

Part IX-A

Summary of Direct Charitable Activities

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.		Expenses
1	THE HOMESTEAD, INC. WAS FOUNDED IN 1957 AND IS A HOME FORSENIOR CITIZENS IN THE WOODSTOCK, VT AREA. THE HOMESTEADACCOMODATES UP TO 24 RESDIENTS AT ONE TIME.	846,265
2


3


4

Form 990-PF (2011)

Page 7

Part IX-B

Summary of Program-Related Investments (see page 23 of the instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.		Amount
1


2


All other program-related investments. See page 24 of the instructions.
3

Total. Add lines 1 through 3.......................... bullet

Part X

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
see page 24 of the instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

10,473

Average of monthly cash balances.......................

127,839

Fair market value of all other assets (see page 24 of the instructions)............

Total (add lines 1a, b, and c).........................

138,312

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

138,312

Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25

of the instructions) ...........................

2,075

Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4

136,237

Minimum investment return. Enter 5% of line 5..................

6,812

Part XI

Distributable Amount (see page 25 of the instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet

and do not complete this part.)

Minimum investment return from Part X, line 6....................

Tax on investment income for 2011 from Part VI, line 5......

Income tax for 2011. (This does not include the tax from Part VI.)...

Add lines 2a and 2b............................

Distributable amount before adjustments. Subtract line 2c from line 1............

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

Deduction from distributable amount (see page 25 of the instructions)...........

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,

line 1................................

Part XII

Qualifying Distributions (see page 25 of the instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

846,259

Program-related investments—total from Part IX-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

11,384

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4

857,643

Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment

income. Enter 1% of Part I, line 27b (see page 26 of the instructions)............

Adjusted qualifying distributions. Subtract line 5 from line 4..............

857,638

Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
the section 4940(e) reduction of tax in those years.

Form 990-PF (2011)

Page 8

Part XIII

Undistributed Income (see page 26 of the instructions)

		(a) Corpus	(d) 2011
1 Distributable amount for 2011 from Part XI, line 7			0
2 Undistributed income, if any, as of the end of 2011:
a Enter amount for 2010 only.......
b Total for prior years:20, 20, 20
3 Excess distributions carryover, if any, to 2011:
a From 2006.......
b From 2007.......
c From 2008.......	837,809
d From 2009.......	801,478
e From 2010.......	803,643
fTotal of lines 3a through e.........		2,442,930
4Qualifying distributions for 2011 from Part
XII, line 4: $ 857,643
a Applied to 2010, but not more than line 2a
b Applied to undistributed income of prior years (Election required—see page 26 of the instructions)
c Treated as distributions out of corpus (Election required—see page 26 of the instructions)...
d Applied to 2011 distributable amount.....
e Remaining amount distributed out of corpus		857,643
5 Excess distributions carryover applied to 2011.
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5		3,300,573
b Prior years’ undistributed income. Subtract line 4b from line 2b ...........
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......
d Subtract line 6c from line 6b. Taxable amount—see page 27 of the instructions ...
e Undistributed income for 2010. Subtract line 4a from line 2a. Taxable amount—see page 27 of the instructions ...........
f Undistributed income for 2011. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2011 ..........			0
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (see page 27 of the instructions) ...........
8Excess distributions carryover from 2006 not applied on line 5 or line 7 (see page 27 of the instructions) .............
9Excess distributions carryover to 2012. Subtract lines 7 and 8 from line 6a ......		3,300,573
10 Analysis of line 9:
a Excess from 2007....
b Excess from 2008....	837,809
c Excess from 2009....	801,478
d Excess from 2010....	803,643
e Excess from 2011....	857,643

Form 990-PF (2011)

Page 9

Part XIV

Private Operating Foundations (see page 27 of the instructions and Part VII-A, question 9)

1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2011, enter the date of the ruling....... bullet

1972-01-24

b Check box to indicate whether the organization is a private operating foundation described in section4942(j)(3) or4942(j)(5)

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part X for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2011	(b) 2010	(c) 2009	(d) 2008	(e) Total
	8,974	5,676	6,241	10,028	0
b 85% of line 2a .........
c Qualifying distributions from Part XII, line 4 for each year listed .....	857,643	803,643	801,478	837,809	3,300,573
d Amounts included in line 2c not used directly for active conduct of exempt activities ....
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....	857,643	803,643	801,478	837,809	3,300,573
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets” alternative test—enter:
(1) Value of all assets ......					0
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)					0
b “Endowment” alternative test— enter 2⁄3 of minimum investment return shown in Part X, line 6 for each year listed...	4,541	3,784		6,180	14,505
c “Support” alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....					0
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....					0
(3) Largest amount of support from an exempt organization					0
(4) Gross investment income					0

Part XV

Supplementary Information (Complete this part only if the organization had $5,000 or more in
assets at any time during the year—see page 27 of the instructions.)

1Information Regarding Foundation Managers:

aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)

bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.

2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:

Check here bullet

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. (see page 28 of the instructions) to individuals or organizations
under other conditions, complete items 2a, b, c, and d.

aThe name, address, and telephone number of the person to whom applications should be addressed:

bThe form in which applications should be submitted and information and materials they should include:

cAny submission deadlines:

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

Form 990-PF (2011)

Page 10

Part XV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year

Total ................................. 3a

bApproved for future payment

Total ................................. 3b

Form 990-PF (2011)

Page 11

Part XVI-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See page 28 of the instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount
aResident Fees					489,132
bOther					5,143
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments....
3Interest on savings and temporary cash investments			14	221
4 Dividends and interest from securities....			14	292
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....
6Net rental income or (loss) from personal property
7 Other investment income.....
8Gain or (loss) from sales of assets other than inventory
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory..
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e)..				513	494,275

13Total. Add line 12, columns (b), (d), and (e)..................

13494,788

(See worksheet in line 13 instructions on page 28 to verify calculations.)

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to the accomplishment of the organization’s exempt purposes (other than by providing funds for such purposes). (See page 28 of the instructions.)
1a	Fees from residents cover approximately 56% of the organization's
1a	operations.

Form 990-PF (2011)

Page 12

Part XVII

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

Did the organization directly or indirectly engage in any of the following with any other organization described in section

Yes

501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

If the answer to any of the above is “Yes,” complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements

Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........YesNo

If “Yes,” complete the following schedule.

(a) Name of organization	(b) Type of organization	(c) Description of relationship

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer or fiduciary) is based on all information of which preparer has any knowledge.

	Signature of officer or trustee	Date	Title

Preparer's Signature	Date	Check if self- employed	PTIN
Firm's name Firm's address		Firm's EIN
		Phone no.

Form 990-PF (2011)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

Schedule B
(Form 990, 990-EZ,
or 990-PF)

Department of the Treasury
Internal Revenue Service

Schedule of Contributors

Attach to Form 990, 990-EZ, or 990-PF.

OMB No. 1545-0047

2011

Name of organization

THE HOMESTEAD INC

Employer identification number

03-0195636

Organization type (check one):

Filers of:

Section:

Form 990 or 990-EZ

501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization

Form 990-PF

501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation

Check if your organization is covered by the General Rule or a Special Rule.
Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.

General Rule

For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, $5,000 or more (in money or
property) from any one contributor. Complete Parts I and II.

Special Rules

For a section 501(c)(3) organization filing Form 990 or 990-EZ that met the 33¹/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), and received from any one contributor, during the year, a contribution of the
greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.

For a section 501(c)(7), (8), or (10) organization filing Form 990, or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 for use exclusively for religious, charitable,
scientific, literary, or educational purposes, or the prevention of cruelty to children or animals. Complete Parts I, II, and
III.

For a section 501(c)(7), (8), or (10) organization filing Form 990, or 990-EZ that received from any one contributor,
during the year, contributions for use exclusively for religious, charitable, etc., purposes, but these contributions did
not total to more than $1,000. If this box is checked, enter here the total contributions that were received during
the year for an exclusively religious, charitable, etc., purpose. Do not complete any of the parts unless the General Rule
applies to this organization because it received nonexclusively religious, charitable, etc., contributions of $5,000 or more
during the year. ......................... Arrow Bullet

Caution. An Organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
Form 990-EZ or on Part I, line 2, of its Form 990-PF, to certify that it does not meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).

For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.

Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2011)

Page 2

Name of organization THE HOMESTEAD INC
Schedule B (Form 990, 990-EZ, or 990-PF) (2011)
Part I	Contributors (see Instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
1	MARIANNE G FAULKNER CHARITABLE TRUS 270 PARK AVE 16TH FL NEW YORK, NY 10017	$387,500	Person Payroll Noncash (Complete Part II if there is a noncash contribution.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II if there is a noncash contribution.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II if there is a noncash contribution.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II if there is a noncash contribution.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II if there is a noncash contribution.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II if there is a noncash contribution.)
Schedule B (Form 990, 990-EZ, or 990-PF) (2011)

Page 3

Name of organization THE HOMESTEAD INC
Schedule B (Form 990, 990-EZ, or 990-PF) (2011)
Part II	Noncash Property (see Instructions). Use duplicate copies of Part II if additional space is needed.
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions).	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions).	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions).	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions).	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions).	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions).	(d) Date received
		$
Schedule B (Form 990, 990-EZ, or 990-PF) (2011)

Page 4

Schedule B (Form 990, 990-EZ, or 990-PF) (2011)

Name of organization
THE HOMESTEAD INC

Employer identification number

03-0195636

Part III

Exclusively religious, charitable, etc., individual contributions to section 501(c)(7), (8), or (10) organizations
that total more than $1,000 for the year. Complete columns (a) through (e) and the following line entry.
For organizations completing Part III, enter the total of exclusively religious, charitable, etc.,
contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet

$
Use duplicate copies of Part III if additional space is needed

(a) No.
from
Part I

(b)
Purpose of gift

(d)
Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a) No.
from
Part I

(b)
Purpose of gift

(d)
Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a) No.
from
Part I

(b)
Purpose of gift

(d)
Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a) No.
from
Part I

(b)
Purpose of gift

(d)
Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

Schedule B (Form 990, 990-EZ, or 990-PF) (2011)

Additional Data

Software ID:
Software Version:

- TIN:

TY 2011 AccountingFeesSchedule

Name:

THE HOMESTEAD INC

EIN: 03-0195636

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
Janice Graham & Company, PC Audit and Tax Return	9,000
Paydata Payroll Services	2,124
Rhonda Pratt Bookkeeping Services	5,618

- TIN:

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2011 DepreciationSchedule

Name:

THE HOMESTEAD INC

EIN: 03-0195636

Description of Property	Date Acquired	Cost or Other Basis	Prior Years' Depreciation	Computation Method	Rate / Life (# of years)	Current Year's Depreciation Expense
2006 Supreme Senator Van	2005-12-05	52,850	28,187	SL	10.00	5,285
Building	1957-09-15	315,439	315,439	SL	10.00
Renovations	1958-09-15	74	74	SL	10.00
Flash Floor Repair	1959-09-15	2,745	2,745	SL	10.00
Furniture and Fixtures	1981-03-31	89,804	89,804	SL	10.00
Oil Burner	1983-10-01	986	986	SL	10.00
1984 Additions	1984-09-15	16,260	16,260	SL	10.00
1985 Additions	1985-09-15	4,580	4,580	SL	10.00
1986 Additions	1986-09-15	8,924	8,924	SL	10.00
1987 Additions	1987-09-15	31,953	31,953	SL	10.00
1988 Additions	1988-09-15	3,095	3,095	SL	10.00
1989 Additions	1989-09-15	9,477	9,477	SL	10.00
TV/Dishes/Ceiling fan	1990-09-15	6,333	6,333	SL	10.00
Loveseat/Wing chair	1991-09-15	1,535	1,535	SL	10.00
Tapestery Chairs	1992-09-15	1,438	1,438	SL	10.00
Loveseat/Swivel Chair	1993-01-15	1,644	1,644	SL	10.00
2 Living Room Chairs	1992-04-15	558	558	SL	5.00
Kitchen Cabinets	1993-11-23	2,524	2,524	SL	10.00
Lighting Living Room	1993-10-15	935	935	SL	10.00
Furniture LR Brown	1993-09-15	2,508	2,508	SL	10.00
Entertainment Center	1994-11-15	2,377	2,377	SL	10.00
Chandeliers	1993-09-11	805	805	SL	10.00
Stereo	1994-11-11	600	600	SL	10.00
Warming Oven	1994-12-11	688	688	SL	10.00
Vaporizers	1995-10-11	3,046	3,046	SL	10.00
Air Conditioning	1995-10-30	4,430	4,430	SL	10.00
Freezer	1995-10-30	2,631	2,631	SL	10.00
Computer Memory	1995-10-30	720	720	SL	5.00
Ice Maker	1996-10-30	1,450	1,450	SL	10.00
Dishwasher	1996-10-30	3,200	3,200	SL	10.00
Water Heater	1996-10-30	538	538	SL	10.00
Buffer	1996-10-30	586	586	SL	5.00
Remodel Activity Room	1997-10-30	1,446	1,446	SL	5.00
Kitchen Cabinets	1997-10-30	1,887	1,887	SL	10.00
Vacuum	1998-10-30	623	623	SL	5.00
Boiler	1998-10-30	5,437	5,437	SL	10.00
Upgrade Elevator	1998-10-30	23,960	23,960	SL	10.00
Medical Alarm System	1998-10-30	1,634	1,634	SL	5.00
Aquarium	1998-10-29	2,271	2,271	SL	5.00
Front Desk	1999-12-31	1,607	1,607	SL	10.00
File Cabinet	1999-04-28	372	372	SL	5.00
Exit Lights	1999-05-05	520	520	SL	5.00
2 Air Conditioners	1999-06-15	600	600	SL	5.00
Computer & Accessories	2000-09-21	2,583	2,583	SL	3.00
Additional Front Desk	2001-03-31	264	264	SL	9.00
GE Freezer	2001-03-31	454	454	SL	5.00
Living room chair	2001-01-26	440	440	SL	5.00
Living Room Sofa	2001-03-31	949	949	SL	10.00
Household Baskets	2001-01-26	102	102	SL	5.00
Dining Room Furniture	2001-08-27	17,059	16,349	SL	10.00	710
Water Softener System	2001-06-11	2,075	2,041	SL	10.00	34
Redecorating Project	2001-09-30	2,189	2,080	SL	10.00	109
Carpet Cleaner	2002-07-23	1,135	1,135	SL	5.00
Refridgerator	2001-08-14	564	564	SL	5.00
Computer - Skuro	2002-12-31	350	350	SL	5.00
Computer Staples	2003-01-07	1,328	1,328	SL	5.00
Laundry Basket	2003-01-14	169	169	SL	5.00
Nursing Cabinet	2003-02-11	633	516	SL	10.00	63
Refridgerator	2003-03-11	280	280	SL	5.00
Bath Lift	2003-03-11	2,280	2,280	SL	5.00
Mixer	2003-03-11	370	370	SL	5.00
Draperies and Reupholstery	2003-03-11	4,825	3,901	SL	10.00	483
Carpet	2003-10-21	985	731	SL	10.00	99
Upholstery Project	2003-10-21	2,644	1,961	SL	10.00	264
Refridgerator	2003-10-21	2,355	2,355	SL	5.00
Table	2004-01-27	403	288	SL	10.00	40
cordless phone	2004-02-02	419	419	SL	5.00
Maytag Washer	2003-03-10	546	441	SL	10.00	55
Electrolux vacuum	2003-08-27	750	750	SL	5.00
Speaker System	1996-10-30	674	674	SL	5.00
Washer & Dryer	2004-04-19	1,774	1,774	SL	5.00
Dishwasher	2004-05-16	681	681	SL	5.00
Kitchen Water Heater	2004-05-26	1,021	1,021	SL	5.00
Dell Computer	2004-08-03	1,184	1,184	SL	5.00
Savin Copier	2004-11-26	3,689	3,689	SL	5.00
Treadmill	2004-12-01	800	507	SL	10.00	80
Dishwasher	2004-12-14	685	685	SL	5.00
Pulse Oximeter	2005-01-25	678	418	SL	10.00	68
Vital Signs Monitor	2005-02-14	1,259	777	SL	10.00	126
Defibrillator	2005-03-23	1,495	898	SL	10.00	150
Staples Office Furniture	2005-03-31	3,422	2,053	SL	10.00	342
Office Cabinets	2005-05-17	641	534	SL	7.00	92
Air Conditioner	2005-06-21	1,137	1,137	SL	5.00
Decorating Items	2005-06-30	2,273	1,868	SL	7.00	325
Desks & Lamps	2005-10-21	4,590	3,552	SL	7.00	656
Hot Water Heater	2005-10-26	3,153	3,153	SL	5.00
Cable Parts	2006-10-11	360	162	SL	10.00	36
Carpet	2006-05-01	606	298	SL	10.00	61
Bathroom Fixtures	2006-10-16	167	75	SL	10.00	17
Drapes	2006-10-17	341	153	SL	10.00	34
Desks	2006-09-26	1,448	664	SL	10.00	145
Carpet	2006-09-26	1,675	768	SL	10.00	168
Building Additions	1961-09-15	1,241	1,241	SL	40.00
Building Additions	1962-09-15	42,558	42,558	SL	40.00
Building Additions	1963-09-15	14,370	14,370	SL	40.00
Building Additions	1965-09-15	2,123	2,123	SL	40.00
Building Additions	1968-09-15	4,384	4,384	SL	40.00
Building Additions	1969-09-15	873	873	SL	40.00
Attic Insulation	1970-09-15	882	882	SL	10.00
Building Improvement	1975-09-15	3,333	3,333	SL	20.00
Doors	1977-09-15	387	387	SL	20.00
Building Improvement	1978-09-15	8,197	8,197	SL	20.00
Building Improvement	1979-09-15	11,200	11,200	SL	20.00
Building Improvements	1980-09-15	7,862	7,862	SL	20.00
Building Improvement	1981-09-15	8,286	8,286	SL	20.00
Building Improvement	1982-09-15	6,538	6,538	SL	20.00
Carpeting	1983-09-15	6,910	6,910	SL	10.00
Carpeting	1985-09-15	11,773	11,773	SL	10.00
Patio/Porch/Roof	1986-09-15	3,944	3,944	SL	10.00
Exterior Painting	1987-09-15	25,303	25,303	SL	10.00
Building Improvement	1989-09-15	2,717	2,717	SL	10.00
Boiler / Alarm System	1990-09-15	49,334	49,334	SL	10.00
Window Awnings	1991-09-15	11,940	11,940	SL	10.00
Carpet	1992-09-15	9,483	9,483	SL	10.00
Exterior Painting	1992-09-15	10,037	10,037	SL	5.00
Building Repairs	1992-10-15	1,585	1,585	SL	10.00
Painting Building	1993-11-02	18,077	18,077	SL	5.00
Insulation	1996-10-30	4,096	4,096	SL	10.00
Windown Replacements	1997-03-31	10,000	10,000	SL	10.00
Cedar Siding	1997-03-31	25,000	17,500	SL	20.00	1,250
Insulation	1997-10-30	4,758	4,758	SL	10.00
Cedar Siding	1997-10-30	33,029	22,157	SL	20.00	1,651
Window Replacement	1997-10-30	7,500	7,500	SL	10.00
Exterior Painting	1997-10-30	6,886	6,886	SL	5.00
Vinle Shutters	1998-10-30	1,823	1,823	SL	10.00
Back Porch	1999-05-05	1,146	682	SL	20.00	57
Roof	1999-09-03	1,860	1,077	SL	20.00	93
Patio and Sidewalks	1988-12-31	12,771	12,771	SL	20.00
Electrical Upgrade	2001-01-26	13,290	13,290	SL	10.00
Dining room tile floor	2001-03-31	896	896	SL	10.00
Fire code upgrade	2001-03-31	3,786	1,893	SL	20.00	189
Electrical Wiring North	2002-03-31	9,890	8,901	SL	10.00	989
Alarm system upgrade	2001-12-24	8,262	7,642	SL	10.00	620
Fire Escape Updating	2001-10-03	5,678	5,394	SL	10.00	284
Firecode upgrade	2001-12-31	1,135	1,050	SL	10.00	85
Dining room tile project	2001-09-30	896	851	SL	10.00	45
Building Improvement	2001-09-30	924	878	SL	10.00	46
Meditation Chapel	2002-11-05	2,244	1,889	SL	10.00	224
Roof Repair	2004-01-05	4,674	1,695	SL	20.00	234
Elevator	2003-05-02	11,800	4,671	SL	20.00	590
Window replacement	2003-12-08	3,449	1,264	SL	20.00	172
Furnace Replacement	2004-02-25	1,000	473	SL	15.00	67
Shower Room	2004-03-01	699	248	SL	20.00	35
Paint House	1976-09-15	6,658	6,658	SL	20.00
Carpeting	2004-08-10	3,961	2,640	SL	10.00	396
Roof Repairs	2004-05-20	17,229	5,886	SL	20.00	861
Elevator Project	2005-12-02	26,849	26,849	SL	5.00
Doors & Locksets	2006-02-20	1,029	747	SL	7.00	147
Door Project	2006-03-31	5,500	3,929	SL	7.00	786
Boiler	2006-03-07	9,630	9,630	SL	5.00
Sprinkler System	2006-08-03	2,885	673	SL	20.00	144
Sprinkler System	2006-05-05	3,560	438	SL	40.00	89
Electrical Upgrades	2006-10-18	1,778	200	SL	40.00	44
Plumbing Upgrade	2006-12-11	5,373	572	SL	40.00	134
Firecode Improvements	2006-08-24	16,373	1,910	SL	40.00	409
Sprinkler System	2006-08-03	699	82	SL	40.00	17
Plumbing Improvements	2006-09-11	4,841	555	SL	40.00	121
Door Project	2006-05-25	275	34	SL	40.00	7
Windows	2006-06-22	7,835	947	SL	40.00	196
Gas Improvements	2006-08-18	566	66	SL	40.00	14
Fire Code improvements	2006-10-02	18,621	2,054	SL	40.00	466
Fire Permit	2006-08-05	175	21	SL	40.00	4
Landscaping	1996-10-23	866	866	SL	10.00
Landscaping Garden	1996-10-23	19,641	19,641	SL	10.00
Walkway -Monument Stones	2002-10-31	4,595	1,934	SL	20.00	230
Sign	2002-06-24	2,362	2,067	SL	10.00	236
Cube Fountain	2003-05-08	399	399	SL	5.00
Stone Wall	2005-09-12	3,375	942	SL	20.00	169
Sprinkler system	1962-09-15	3,062	3,062	SL	20.00
Heat Zone	2006-04-04	1,483	1,483	SL	5.00
Water Heater	2006-04-22	1,126	1,126	SL	5.00
Air Conditioner	2006-05-26	6,318	6,212	SL	5.00	106
Deposit Sheperd Redocate	2001-03-31	2,000	800	SL	10.00
Land	1957-09-15	2,000		land	0.00
Land Improvements	1988-09-15	5,596		imp	0.00
Landscaping Improvements	1992-05-15	584		imp	0.00
Landscaping	1993-09-23	1,304		land	0.00
Carpet Rm's 1,6,7	2007-05-14	2,050	803	SL	10.00	205
Salad Bar	2007-06-26	1,611	604	SL	10.00	161
New Carpet Rooms 3 & 14	2007-10-30	1,110	379	SL	10.00	111
Kitchen Range	2007-11-29	7,069	2,356	SL	10.00	707
Carpet Rm 22	2007-11-30	637	212	SL	10.00	64
Stack Chairs & Folding Table	2007-12-28	707	230	SL	10.00	71
Aerus Electrolux	2007-12-28	1,350	439	SL	10.00	135
Mattresses	2008-02-28	3,592	738	SL	15.00	239
Kitchen Hood Supression System	2008-02-25	3,070	947	SL	10.00	307
Computer	2008-03-28	1,956	1,956	SL	3.00
Awning 3187	2007-05-14	10,902	4,270	SL	10.00	1,090
Bathroom Renovations	2007-06-04	2,278	1,747	SL	5.00	456
Elevator	2008-09-01	382,470	49,402	SL	20.00	19,124
Chair Deposit - Shepard Interior Selections	2008-03-31	2,500	1,500	SL	5.00	500
Final payment - Shepard Interior Selections	2008-04-29	2,343	1,172	SL	5.00	469
Nursing equipment	2008-05-23	1,096	548	SL	5.00	219
Freezer	2008-10-13	712	356	SL	5.00	142
Generator	2008-10-16	3,100	1,550	SL	5.00	620
Back door	2008-11-04	7,479	1,870	SL	10.00	748
Electrolux	2009-03-18	900	450	SL	5.00	180
Transfer Switch	2008-11-04	1,990	498	SL	10.00	199
Driveway	2008-10-31	1,988	497	SL	10.00	199
Awning	2009-04-24	3,565	535	SL	10.00	357
Roof	2010-01-04	18,948	1,421	SL	20.00	947
Phone System	2009-07-06	3,697	554	SL	10.00	370
Dryer	2009-08-03	700	210	SL	5.00	140
Washer	2010-03-08	1,099	330	SL	5.00	220
Apple Notebook	2010-03-30	1,499	450	SL	5.00	300
Sofa	2010-05-07	2,157	216	200DB	10.00	388
Computer-Bookkeeper	2010-06-09	1,033	207	200DB	5.00	331
Ice Maker	2010-08-24	1,000	100	200DB	10.00	180
Freezer	2010-10-18	658	132	200DB	5.00	211
Carpet	2010-12-10	672	134	200DB	5.00	215
Sign Light	2010-12-20	830	119	200DB	7.00	203
Stone Wall	2010-06-09	5,800	145	SL	20.00	290
Driveway	2010-10-31	2,070	207	200DB	10.00	373
Water Softeners	2011-07-25	2,300		SL	5.00	230
Boiler	2011-11-07	7,622		SL	10.00	381
Computer - Nursing	2012-02-13	784		SL	5.00	78
Wall Oven	2012-03-27	680		SL	5.00	68

- TIN:

TY 2011 OtherDecreasesSchedule

Name:

THE HOMESTEAD INC

EIN: 03-0195636

Description	Amount
Vanguard: Change in MV	40

- TIN:

TY 2011 OtherExpensesSchedule

Name:

THE HOMESTEAD INC

EIN: 03-0195636

Description	Revenue and Expenses per Books	Disbursements for Charitable Purposes
Food Purchases	64,414	64,414
Kitchen/Dining Supplies	29,239	29,239
Maintenace & Repair / Sup	49,281	49,281
Fuel	35,598	35,598
Package Policy	27,210	27,210
Electricity	13,397	13,397
Gifts	4,183	4,183
Telephone	3,790	3,790
Cable television	6,800	6,800
Water	1,124	1,124
Sewer	1,174	1,174
Kitchen Equipment	5,273	5,273
Pet Supplies	3,171	3,171
DuesSubscriptionsFees	1,173	1,173
Miscellaneous	7,783	7,783
Fees and rounding	25	25

- TIN:

TY 2011 OtherIncomeSchedule2

Name:

THE HOMESTEAD INC

EIN: 03-0195636

Description	Revenue And Expenses Per Books	Adjusted Net Income
Residents Rents	489,132	489,132
Miscellaneous Income	1,743	1,743
Admission Fees	3,400	3,400

- TIN:

TY 2011 OtherIncreasesSchedule

Name:

THE HOMESTEAD INC

EIN: 03-0195636

Description	Amount
Rounding	2

- TIN:

TY 2011 TaxesSchedule

Name:

THE HOMESTEAD INC

EIN: 03-0195636

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
Employers Social Security	34,734			34,734