TY 2014 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

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

Do not enter social security numbers on this form as it may be made public.
bullet

Information about Form 990-PF and its instructions is at www.irs.gov/form990pf.

OMB No. 1545-0052

2014

Open to Public Inspection

For calendar year 2014, or tax year beginning 2014, and ending , 20

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 or province, country, and ZIP or foreign postal code
Woodstock, VT05091

A Employer identification number

03-0195636

B Telephone number (see instructions)

(802) 457-1310

C If exemption application is pending, check here bullet

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address changeName change

D 1. Foreign organizations, check here ............. bullet

2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet

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

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

$834,317J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

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 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)..............	386,240
2	Check
	Sch. B ...............
3	Interest on savings and temporary cash investments	154		154	154
4	Dividends and interest from securities......
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).......		535,931
12	Total. Add lines 1 through 11........	922,325		154	154
13	Compensation of officers, directors, trustees, etc.	90,193				90,193
14	Other employee salaries and wages......	351,149				365,314
15	Pension plans, employee benefits.......	110,347				110,078
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......		10,000			10,000
c	Other professional fees (attach schedule)....		8,209	154	154	8,279
17	Interest...............
18	Taxes (attach schedule) (see instructions)...		41,651			44,438
19	Depreciation (attach schedule) and depletion...		25,650
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		240,782			241,235
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	877,981		154	154	869,537
25	Contributions, gifts, grants paid........	0				0
26	Total expenses and disbursements. Add lines 24 and 25	877,981		154	154	869,537
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	44,344
b	Net investment income (if negative, enter -0-)			0
c	Adjusted net income (if negative, enter -0-)...

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2014)

Form 990-PF (2014)

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..........	158,620	197,984	197,984
	3	Accounts receivable 5,965
		Less: allowance for doubtful accounts	5,007	5,965	5,965
	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 instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use...............	1,314	2,470	2,470
	9	Prepaid expenses and deferred charges...........	15,027	21,304	21,304
	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)...........
	14	Land, buildings, and equipment: basis 1,619,000
		Less: accumulated depreciation (attach schedule) 1,012,406	493,272	606,594	606,594
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	673,240	834,317	834,317
	17	Accounts payable and accrued expenses..........	23,376	6,171
	18	Grants payable..................
	19	Deferred revenue..................	96,250	96,250
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22)..........	119,626	102,421
		Foundations that follow SFAS 117, check here
		and complete lines 24 through 26 and lines 30 and 31.
	24	Unrestricted...................	553,614	731,896
	25	Temporarily restricted................
	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 instructions)......	553,614	731,896
	31	Total liabilities and net assets/fund balances (see instructions)..	673,240	834,317

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	553,614
2	Enter amount from Part I, line 27a.....................	2	44,344
3	Other increases not included in line 2 (itemize)	3	160,175
4	Add lines 1, 2, and 3..........................	4	758,133
5	Decreases not included in line 2 (itemize)	5	26,237
6	Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.	6	731,896

Form 990-PF (2014)

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 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 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))
2013	863,331	112,720	7.659076
2012	894,391	155,532	5.750527
2011	857,638	136,237	6.295191
2010	803,643	113,519	7.079370
2009	864,697	124,818	6.927663

2	Total of line 1, column (d) ......................	2	33.711827
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	6.742365
4	Enter the net value of noncharitable-use assets for 2014 from Part X, line 5.....	4	139,604
5	Multiply line 4 by line 3.......................	5	941,261
6	Enter 1% of net investment income (1% of Part I, line 27b)...........	6
7	Add lines 5 and 6.........................	7	941,261
8	Enter qualifying distributions from Part XII, line 4..............	8	874,572
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.

Form 990-PF (2014)

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	0
	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
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	0
6	Credits/Payments:

a	2014 estimated tax payments and 2013 overpayment credited to 2014	6a
b	Exempt foreign organizations—tax withheld at source.......	6b
c	Tax paid with application for extension of time to file (Form 8868)...	6c
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7
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 2015 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 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 instructions)

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 2014 or the taxable year beginning in 2014 (see instructions for Part XIV)?

If "Yes," complete Part XIV.............................

Yes

Form 990-PF (2014)

Page 5

Part VII-A

Statements Regarding Activities (continued)

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 instructions) .............

Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had

advisory privileges? If "Yes," attach statement (see instructions).................

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

SARAH HUNT 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

16 At any time during calendar year 2014, did the foundation have an interest in or a signature or other authority over YesNo

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

16 No

See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet

Form 990-PF (2014)

Page 6

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 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 2014?.............

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 2014, did the foundation have any undistributed income (lines 6d

and 6e, Part XIII) for tax year(s) beginning before 2014?...............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 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 2014 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 2014.)....................

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 2014?

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 4945(d)(4)(A)? (see 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 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 (2014)

Page 7

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 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
ROBBIE BLISH	President 1.00	0	0	0
PO Box 212 WOODSTOCK,VT05091	President 1.00	0	0	0
CORINNE BARR	Treasurer 2.00	0	0	0
373 Fletcher Hill S Woodstock,VT05071	Treasurer 2.00	0	0	0
NANCY BEBO	Clerk 1.00	0	0	0
264 Blake Hill Rd WOODSTOCK,VT05091	Clerk 1.00	0	0	0
SARAH HUNT	Executive Director 40.00	49,124	7,699	0
73 RIVER STREET WOODSTOCK,VT05091	Executive Director 40.00	49,124	7,699	0
GREGORY CAMP	Trustee 1.00	0	0	0
3101 Rose Hill Woodstock,VT05091	Trustee 1.00	0	0	0
DENNIS SHILLEN	Trustee 1.00	0	0	0
Suite 2A Sunset Farms Woodstock,VT05091	Trustee 1.00	0	0	0
FRAN VAN DA GRIFF	Executive Director 40.00	41,069	3,947	0
73 River Street Woodstock,VT05091	Executive Director 40.00	41,069	3,947	0
RICK TOBIASON	Trustee 1.00	0	0	0
Sunset Farms Suite 1C Woodstock,VT05091	Trustee 1.00	0	0	0

2 Compensation of five highest-paid employees (other than those included on line 1—see 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 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.	877,981
2


3


4

Form 990-PF (2014)

Page 8

Part IX-B

Summary of Program-Related Investments (see 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 instructions.
3

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

Part X

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
see 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...................

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

141,730

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

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

141,730

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.........................

141,730

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

instructions) .............................

2,126

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

139,604

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

6,980

Part XI

Distributable Amount (see 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 2014 from Part VI, line 5......

Income tax for 2014. (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 instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...

Part XII

Qualifying Distributions (see instructions)

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

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

869,537

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...............................

5,035

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

874,572

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 instructions).................

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

874,572

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 (2014)

Page 9

Part XIII

Undistributed Income (see instructions)

		(a) Corpus	(d) 2014
1 Distributable amount for 2014 from Part XI, line 7			0
2 Undistributed income, if any, as of the end of 2014:
a Enter amount for 2013 only.......
b Total for prior years:20, 20, 20
3 Excess distributions carryover, if any, to 2014:
a From 2009.......	801,478
b From 2010.......	803,643
c From 2011.......	857,643
d From 2012.......	894,446
e From 2013.......	863,331
fTotal of lines 3a through e.........		4,220,541
4Qualifying distributions for 2014 from Part
XII, line 4: $ 874,572
a Applied to 2013, but not more than line 2a
b Applied to undistributed income of prior years (Election required—see instructions).....
c Treated as distributions out of corpus (Election required—see instructions).........
d Applied to 2014 distributable amount.....
e Remaining amount distributed out of corpus		874,572
5 Excess distributions carryover applied to 2014.
(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		5,095,113
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 instructions ...........
e Undistributed income for 2013. Subtract line 4a from line 2a. Taxable amount—see instructions .............
f Undistributed income for 2014. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2015 ..........			0
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......
8Excess distributions carryover from 2009 not applied on line 5 or line 7 (see instructions) ...		801,478
9Excess distributions carryover to 2015. Subtract lines 7 and 8 from line 6a ......		4,293,635
10 Analysis of line 9:
a Excess from 2010....	803,643
b Excess from 2011....	857,643
c Excess from 2012....	894,446
d Excess from 2013....	863,331
e Excess from 2014....	874,572

Form 990-PF (2014)

Page 10

Part XIV

Private Operating Foundations (see 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 2014, 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) 2014	(b) 2013	(c) 2012	(d) 2011	(e) Total
	0			8,974	0
b 85% of line 2a .........
c Qualifying distributions from Part XII, line 4 for each year listed .....	874,572	863,331	894,446	857,643	3,489,992
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 ....	874,572	863,331	894,446	857,643	3,489,992
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...	4,653	3,757	5,185	4,541	18,136
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 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 instructions) to individuals or organizations under
other conditions, complete items 2a, b, c, and d.

aThe name, address, and telephone number or email address 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 (2014)

Page 11

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 (2014)

Page 12

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 instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
aResident Fees					527,327
bAdmission fees					4,200
cGuest fees					479
dStorage rental					450
e
f
gFees and contracts from government agencies
2 Membership dues and assessments....
3 Interest on savings and temporary cash investments ............			14	154
4 Dividends and interest from securities....
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....
6 Net rental income or (loss) from personal property .............
7 Other investment income.....
8 Gain 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)..				154	532,456

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

13532,610

(See worksheet in line 13 instructions 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 foundation’s exempt purposes (other than by providing funds for such purposes). (See instructions.)
1a	Fees from residents cover approximately 53% of the organization's
1a	operations.
1b	new residents are required to pay admission fee
1c	residents sometimes have guests visit them which requires a fee
1d	the organization rents out a very immaterial amount of space in their attic to others

Form 990-PF (2014)

Page 13

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

Yes

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

Sign Here

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) is based on all information of which preparer has any knowledge.
				May the IRS discuss this return with the preparer shown below (see instr.)? Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name Firm's address			Firm's EIN
				Phone no.

Form 990-PF (2014)

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.

Information about Schedule B (Form 990, 990-EZ, or 990-PF) and its instructions is at www.irs.gov/form990.

OMB No. 1545-0047

2014

Name of the 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, contributions totaling $5,000 or more (in money or
property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.

Special Rules

For an organization described in section 501(c)(3) 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), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions 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 an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled 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 totaling $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 its Form 990PF, Part I, line 2, 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) (2014)

Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

Page 2

Name of organization The Homestead Inc

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, NY10017	$385,000	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

Page 3

Name of organization The Homestead Inc

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) (2014)

Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

Page 4

Name of organization
The Homestead Inc

Employer identification number

03-0195636

Part III

Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10)
that total more than $1,000 for the year from any one contributor. 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) (2014)

Additional Data

Software ID:
Software Version:

- TIN:

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

TY 2014 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	52,850	200DB	5.00
Building	1957-09-15	315,439	315,439	200DB	39.00
Flash Floor Repair	1959-09-15	2,745	2,745	200DB	39.00
Furniture and Fixtures	1981-03-31	89,804	89,804	SL	7.00
Oil Burner	1983-10-01	986	986	SL	10.00
1984 Additions	1984-09-15	16,260	16,260	PRE	18.00
1985 Additions	1985-09-15	4,580	4,580	PRE	19.00
1986 Additions	1986-09-15	8,924	8,924	PRE	19.00
1987 Additions	1987-09-15	31,953	21,746	SL	39.00	819
1988 Additions	1988-09-15	3,095	2,027	SL	39.00	79
1989 Additions	1989-09-15	9,477	5,964	SL	39.00	243
TV/Dishes/Ceiling fan	1990-09-15	6,333	6,333	200DB	5.00
Loveseat/Wing chair	1991-09-15	1,535	1,535	200DB	5.00
Tapestery Chairs	1992-09-15	1,438	1,438	200DB	5.00
Loveseat/Swivel Chair	1993-01-15	1,644	1,644	200DB	5.00
2 Living Room Chairs	1992-04-15	558	558	200DB	5.00
Kitchen Cabinets	1993-11-23	2,524	2,524	200DB	5.00
Lighting Living Room	1993-10-15	935	935	200DB	5.00
Furniture LR Brown	1993-09-15	2,508	2,508	200DB	5.00
Entertainment Center	1994-11-15	2,377	2,377	200DB	5.00
Chandeliers	1993-09-11	805	805	200DB	5.00
Stereo	1994-11-11	600	600	200DB	5.00
Vaporizers	1995-10-11	3,046	3,046	200DB	5.00
Air Conditioning	1995-10-30	4,430	4,430	SL	39.00
Freezer	1995-10-30	2,631	2,631	200DB	5.00
Computer Memory	1995-10-30	720	720	200DB	5.00
Ice Maker	1996-10-30	1,450	1,450	200DB	5.00
Buffer	1996-10-30	586	586	200DB	5.00
Kitchen Cabinets	1997-10-30	1,887	1,887	200DB	5.00
Vacuum	1998-10-30	623	623	200DB	5.00
Medical Alarm System	1998-10-30	1,634	1,634	200DB	5.00
Front Desk	1999-12-31	1,607	1,607	200DB	7.00
Exit Lights	1999-05-05	520	520	200DB	5.00
Computer & Accessories	2000-09-21	2,583	2,583	200DB	5.00
Living Room Sofa	2001-03-31	949	949	200DB	5.00
Dining Room Furniture	2001-08-27	17,059	17,059	200DB	5.00
Water Softener System	2001-06-11	2,075	2,075	200DB	5.00
Carpet Cleaner	2002-07-23	1,135	1,135	200DB	5.00
Refrigerator	2001-08-14	564	564	200DB	5.00
Computer Staples	2003-01-07	1,328	1,328	200DB	5.00
Nursing Cabinet	2003-02-11	633	633	200DB	5.00
Bath Lift	2003-03-11	2,280	2,280	200DB	5.00
Refrigerator	2003-10-21	2,355	2,355	200DB	5.00
Maytag Washer	2003-03-10	546	546	200DB	5.00
Electrolux vacuum	2003-08-27	750	750	200DB	5.00
Speaker System	1996-10-30	674	674	200DB	5.00
Washer & Dryer	2004-04-19	1,774	1,774	200DB	5.00
Dishwasher	2004-05-16	681	681	200DB	5.00
Kitchen Water Heater	2004-05-26	1,021	1,021	200DB	5.00
Savin Copier	2004-11-26	3,689	3,689	200DB	5.00
Treadmill	2004-12-01	800	800	200DB	5.00
Dishwasher	2004-12-14	685	685	200DB	5.00
Pulse Oximeter	2005-01-25	678	678	200DB	5.00
Vital Signs Monitor	2005-02-14	1,259	1,259	200DB	5.00
Defibrillator	2005-03-23	1,495	1,495	200DB	5.00
Staples Office Furniture	2005-03-31	3,422	3,422	200DB	7.00
Office Cabinets	2005-05-17	641	641	200DB	5.00
Air Conditioner	2005-06-21	1,137	1,137	200DB	5.00
Desks & Lamps	2005-10-21	4,590	4,590	200DB	7.00
Carpet	2006-05-01	606	606	200DB	5.00
Desks	2006-09-26	1,448	1,448	200DB	5.00
Carpet	2006-09-26	1,675	1,675	200DB	5.00
Building Additions	1961-09-15	1,241	1,241	200DB	39.00
Building Additions	1962-09-15	42,558	42,558	200DB	39.00
Building Additions	1963-09-15	14,370	14,370	SL	39.00
Building Additions	1965-09-15	2,123	2,123	SL	39.00
Building Additions	1968-09-15	4,384	4,384	SL	39.00
Building Additions	1969-09-15	873	873	SL	39.00
Building Improvement	1975-09-15	3,333	3,297	SL	39.00	36
Building Improvement	1978-09-15	8,197	7,470	SL	39.00	210
Building Improvement	1979-09-15	11,200	9,920	SL	39.00	287
Building Improvements	1980-09-15	7,862	6,762	SL	39.00	202
Building Improvement	1981-09-15	8,286	6,914	SL	39.00	212
Building Improvement	1982-09-15	6,538	5,288	SL	39.00	168
Patio/Porch/Roof	1986-09-15	3,944	3,944	PRE	19.00
Building Improvement	1989-09-15	2,717	1,710	SL	39.00	70
Boiler / Alarm System	1990-09-15	49,334	29,780	SL	39.00	1,265
Insulation	1996-10-30	4,096	1,834	SL	39.00	105
Windown Replacements	1997-03-31	10,000	4,370	SL	39.00	256
Cedar Siding	1997-03-31	25,000	10,924	SL	39.00	641
Insulation	1997-10-30	4,758	2,008	SL	39.00	122
Cedar Siding	1997-10-30	33,029	13,939	SL	39.00	847
Window Replacement	1997-10-30	7,500	3,165	SL	39.00	192
Vinyl Shutters	1998-10-30	1,823	723	SL	39.00	47
Patio and Sidewalks	1988-12-31	12,771	12,771	SL	15.00
Electrical Upgrade	2001-01-26	13,290	4,501	SL	39.00	341
Dining room tile floor	2001-03-31	896	896	200DB	5.00
Fire code upgrade	2001-03-31	3,786	1,266	SL	39.00	97
Electrical Wiring North	2002-03-31	9,890	3,054	SL	39.00	254
Alarm system upgrade	2001-12-24	8,262	2,604	SL	39.00	212
Fire Escape Updating	2001-10-03	5,678	1,814	SL	39.00	146
Firecode upgrade	2001-12-31	1,135	358	SL	39.00	29
Dining room tile project	2001-09-30	896	896	200DB	5.00
Building Improvement	2001-09-30	924	297	SL	39.00	24
Window replacement	2003-12-08	3,449	910	SL	39.00	88
Furnace Replacement	2004-02-25	1,000	260	SL	39.00	26
Doors & Locksets	2006-02-20	1,029	214	SL	39.00	26
Door Project	2006-03-31	5,500	1,134	SL	39.00	141
Plumbing Upgrade	2006-12-11	5,373	1,005	SL	39.00	138
Plumbing Improvements	2006-09-11	4,841	936	SL	39.00	124
Windows	2006-06-22	7,835	1,565	SL	39.00	201
Gas Improvements	2006-08-18	566	111	SL	39.00	15
Fire code and sprinkler system improvements- 2006	2006-08-01	44,091	8,620	SL	39.00	1,131
Landscaping	1996-10-23	866	866	SL	15.00
Landscaping Garden	1996-10-23	19,641	19,641	SL	15.00
Walkway -Monument Stones	2002-10-31	4,595	3,645	150DB	15.00	271
Sign	2002-06-24	2,362	2,362	200DB	7.00
Stone Wall	2005-09-12	3,375	1,913	SL	15.00	225
Heat Zone	2006-04-04	1,483	303	SL	39.00	38
Water Heater	2006-04-22	1,126	230	SL	39.00	29
Air Conditioner	2006-05-26	6,318	6,318	200DB	5.00
Land	1957-09-15	2,000		0	0.00
Land Improvements	1988-09-15	5,596	5,596	SL	15.00
Landscaping Improvements	1992-05-15	584	584	SL	15.00
Landscaping	1993-09-23	1,304	1,304	SL	15.00
Carpet Rm's 1,6,7	2007-05-14	2,050	2,050	200DB	5.00
Salad Bar	2007-06-26	1,611	1,611	200DB	5.00
New Carpet Rooms 3 & 14	2007-10-30	1,110	1,110	200DB	5.00
Kitchen Range	2007-11-29	7,069	7,069	200DB	5.00
Carpet Rm 22	2007-11-30	637	637	200DB	5.00
Stack Chairs & Folding Table	2007-12-28	707	707	200DB	5.00
Aerus Electrolux	2007-12-28	1,350	1,350	200DB	5.00
Mattresses	2008-02-28	3,592	3,592	200DB	5.00
Kitchen Hood Supression System	2008-02-25	3,070	3,070	200DB	5.00
Computer	2008-03-28	1,956	1,956	200DB	5.00
Awning 3187	2007-05-14	10,902	10,902	200DB	5.00
Bathroom Renovations	2007-06-04	2,278	397	SL	39.00	58
Elevator	2008-09-01	382,470	54,347	SL	39.00	9,807
Chair Deposit - Shepard Interior Selections	2008-03-31	2,500	2,500	200DB	5.00
Final payment - Shepard Interior Selections	2008-04-29	2,343	2,343	200DB	5.00
Nursing equipment	2008-05-23	1,096	1,096	200DB	5.00
Freezer	2008-10-13	712	712	200DB	5.00
Back door	2008-11-04	7,479	1,031	SL	39.00	192
Electrolux	2009-03-18	900	900	200DB	5.00
Transfer Switch	2008-11-04	1,990	274	SL	39.00	51
Awning	2009-04-24	3,565	3,360	200DB	5.00	205
Roof	2010-01-04	18,948	2,045	SL	39.00	486
Phone System	2009-07-06	3,697	3,484	200DB	5.00	213
Dryer	2009-08-03	700	660	200DB	5.00	40
Washer	2010-03-08	1,099	1,036	200DB	5.00	63
Apple Notebook	2010-03-30	1,499	1,413	200DB	5.00	86
Sofa	2010-05-07	2,157	1,784	200DB	5.00	248
Computer-Bookkeeper	2010-06-09	1,033	854	200DB	5.00	119
Ice Maker	2010-08-24	1,000	827	200DB	5.00	115
Freezer	2010-10-18	658	544	200DB	5.00	76
Carpet	2010-12-10	672	556	200DB	5.00	77
Sign Light	2010-12-20	830	571	200DB	7.00	74
Stone Wall	2010-06-09	5,800	1,353	SL	15.00	387
Water Softeners	2011-07-25	2,300	1,638	200DB	5.00	265
Boiler	2011-11-07	7,622	464	SL	39.00	195
Computer - Nursing	2012-02-13	784	558	200DB	5.00	90
Wall Oven	2012-03-27	680	484	200DB	5.00	78
Generator	2013-02-15	53,101	1,532	SL	39.00	1,362
Carpeting	2013-02-22	529	275	200DB	5.00	102
Activities computer	2013-04-26	857	172	200DB	5.00	274
Television	2013-08-22	1,404	281	200DB	5.00	449
Copier	2013-06-10	545	109	200DB	5.00	174
Donated Couch (Rosemary Smith Furniture)	2014-09-30	1,600		200DB	5.00	320
Carpet (Dessert Dune @ Carpet Mill)	2015-03-16	500		200DB	5.00	100
Wing Chair- Shepard Interior	2014-11-24	1,935		200DB	5.00	387
Donated Sideboard (rosemary smith furniture)	2014-09-30	1,000		200DB	5.00	200

- TIN:

TY 2014 OtherDecreasesSchedule

Name:

The Homestead Inc

EIN: 03-0195636

Description	Amount

- TIN:

TY 2014 OtherExpensesSchedule

Name:

The Homestead Inc

EIN: 03-0195636

Description	Revenue and Expenses per Books	Disbursements for Charitable Purposes
Dues and subscriptions	2,240	2,240
Entertainment and gifts	3,132	3,132
Equipment	6,833	6,833
Food	61,266	61,424
Insurance	27,219	27,219
Supplies	26,866	27,212
Telephone	2,987	2,987
Utilities	62,672	62,950
Miscellaneous	2,880	2,874
Repairs and Maintenance	44,687	44,364

- TIN:

TY 2014 OtherIncomeSchedule2

Name:

The Homestead Inc

EIN: 03-0195636

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
Donation- Furniture	3,475
Miscellaneous Income	929
Admission Fees	4,200
Residents Fees	527,327

- TIN:

TY 2014 OtherIncreasesSchedule

Name:

The Homestead Inc

EIN: 03-0195636

Description	Amount

- TIN:

TY 2014 TaxesSchedule

Name:

The Homestead Inc

EIN: 03-0195636

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
Sewer	1,517			1,517
Payroll taxes	40,134			42,921