Homestead Development Corporation

Fiscal year ending 2024. Filed on November 17, 2025.

70 Trillium Drive
Lake Placid, New York 12946

Homestead Development Corporation (EIN: 85-0866443) has filed an IRS Form 990 since fiscal year 2020. In its fiscal year 2024 IRS Form 990 filing, Homestead Development Corporation, a 501(c)(3) charitable organization, reported compensation for 0 out of 0 total employees.

Revenue, expenses, and employee compensation

Revenue

$3,094,710

Expenses

$3,765,766

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

No compensated employees were reported for this year (employee data available for 2020).

Mission Statement

To construct affordable energy efficient housing for purchase by essential workers in the Village of Lake Placid, New York and the town of North Elba, New York in order to preserve a community lifestyle in an otherwise transient environment.

Revisions to this organization profile

November 17, 2025:
2024 Homestead Development Corporation 990 filed
November 12, 2024:
2023 Homestead Development Corporation 990 filed
February 21, 2024:
Amended (originally filed November 10, 2023)2022 Homestead Development Corporation 990 filed

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