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Theodoro Place

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 201885830 ✦ Nashville, TN ✦ Designated as a 501(c)(3)

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Overview

What is Theodoro Place?

Theodoro Place is a nonprofit organization situated in Nashville, Tennessee, with a focus on providing supportive housing for adults battling mental illness who are currently homeless. The organization offers efficiency apartments with subsidies, along with onsite services, aiming to break the cycle of homelessness. By combining housing and services, Theodoro Place ensures that its residents remain housed and reach their full potential. The organization is dedicated to making a significant impact in people's lives, as reflected in their mission statement, "Delivering care that changes people's lives." This mission is put into action through their supportive housing program, which currently accommodates twelve single adults living with serious mental illness.


Official website here: www.centerstone.org

Is Theodoro Place legitimate?

Theodoro Place is a legitimate nonprofit organization registered as a 501(c)(3) entity. Theodoro Place submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.centerstone.org

What is the mission statement of Theodoro Place?

Theodoro Place is committed to delivering care that significantly impacts people's lives. Their mission is centered around providing supportive housing for adults struggling with mental illness who are homeless. The organization offers efficiency apartments and subsidies, alongside onsite services, to help residents break free from the cycle of homelessness. By combining housing and services, Theodoro Place ensures that residents not only remain housed but also have the opportunity to reach their full potential. The organization provides permanent supportive housing for twelve single adults with serious mental illness.


Official website here: www.centerstone.org

Who is the CEO of Theodoro Place?

Carol Bean is the President of Theodoro Place.


Official website here: www.centerstone.org

What is the revenue of Theodoro Place?

Theodoro Place's revenue in 2023 was $99,941.


Official website here: www.centerstone.org

Who are the executives of Theodoro Place and what are their salaries?

There 8 volunteers at Theodoro Place.


Here are 8 key members and their salaries:


Patricia Fischer (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stacey Overturf (Treasurer - Non-Voting)
  • Compensation: $0
  • Related: $146,315
  • Other: $14,983
James Ingram (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Johnson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jackie Mccarvey (Director - Through 03/02/23)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deniece Shivers (Director - Non-Voting)
  • Compensation: $0
  • Related: $70,757
  • Other: $11,341
Anne Tyree (Secretary - Non-Voting)
  • Compensation: $0
  • Related: $199,063
  • Other: $15,010
Carol Lovelace (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.centerstone.org

Where can I find the form 990 for Theodoro Place?

Theodoro Place's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.centerstone.org

Learn more at the official website: www.centerstone.org

Mission Statement of Theodoro Place

Theodoro Place, a nonprofit organization, is committed to making a significant impact in people's lives. Their mission, simply stated, is to deliver care that brings about transformative changes. More specifically, Theodoro Place focuses on providing supportive housing for adults struggling with mental illness, who are currently homeless. By offering efficiency apartments and subsidies, along with onsite services, the organization aims to help break the cycle of homelessness. Residents of Theodoro Place are offered permanent supportive housing, allowing them to remain housed and achieve their full potential. The organization's services, combined with housing, are instrumental in fostering stability and growth for these individuals.

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Impact




October, 2024

Theodoro Place significantly impacts the lives of adults with mental illness who are experiencing homelessness by providing supportive housing that fosters stability and personal growth. Through its efficient apartments and financial subsidies, the organization offers a safe living environment where residents receive essential onsite services tailored to their unique needs. This comprehensive approach not only breaks the cycle of homelessness but also empowers individuals to achieve their fullest potential.

By combining housing with supportive care, Theodoro Place helps to ensure long-term residency for its twelve residents, promoting mental well-being and community integration. Through these efforts, the organization plays a vital role in transforming lives, allowing individuals to regain independence and dignity while contributing positively to the Nashville community. The mission of "Delivering Care That Changes People's Lives" resonates throughout its programs, making a lasting difference in the lives of vulnerable populations.




This information is meant to be a general summary of Theodoro Place. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$99,941 (2023)
Expenses
$147,505 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $5,455
  • Program Service Revenue: $16,498
  • Gross Receipts: $99,941

Assets and Liabilities:

  • Total Assets: $969,682
  • Total Liabilities: $1,373,199
  • Net Assets: -$403,517

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENT REVENUE

Revenue

$16,498

Organization Details

Founding Year

2004

Principal Officer

Carol Bean

Main Address

44 VANTAGE WAY SUITE 400, NASHVILLE, TN, 37228

NTEE Category

Code: L41 - Housing

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