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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Housing & Shelter City First Homes Inc.

City First Homes Inc.

Fiscal year ending 2024. Filed on May 29, 2025.

1701 Rhode Island Ave NW 3-103
Washington, District of Columbia 20036

City First Homes Inc. (EIN: 26-2335395), also known as Homes By Cfe, has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, City First Homes Inc., a 501(c)(3) charitable organization, reported compensation for 5 employees. Among the employees shown here, the average compensation is $362,606. The highest compensated employee at City First Homes Inc. is Oswaldo Acosta with fiscal year 2024 compensation of $362,606.

Revenue, expenses, and employee compensation

Revenue

$1,620,949

Expenses

$773,021

Employee compensation

$509,261
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Oswaldo Acosta
President and Chief Executive Officer
$362,606
$0 $362,606 No other comp
Mary Ann Donovan
Secretary
$0
Shannon Scott
Treasurer
$0
Brian Argrett
Board Chair
$0
David McGrady
Board Vice Chair
$0

Benchmark Employee Compensation

Non-Employee Board Members

Amber Kucher Bell
Director
Chuck Muckenfuss
Director
Dr William Longbrake
Director
Estrella Lucero
Director
Lori Chatman
Director
Priya Jayachandran
Director

Mission Statement

CITY FIRST HOMES (DBA HOMES BY CFE) INCREASES HOMEOWNERSHIP FOR LOW- TO MODERATE-INCOME HOUSEHOLDS, STRENGTHENING DISINVESTED COMMUNITIES AND HELPING TO BUILD GENERATIONAL WEALTH AND OPPORTUNITY.

Revisions to this organization profile

May 29, 2025:
2024 City First Homes Inc. 990 filed
June 5, 2024:
2023 City First Homes Inc. 990 filed
July 26, 2023:
2022 City First Homes Inc. 990 filed

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