Overview
What is Beam Homes Inc?
Beam Homes Inc is a nonprofit organization situated in Frederick, Maryland. Their primary mission, as outlined in the National Affordable Housing Act, is to offer affordable housing solutions to individuals struggling with chronic mental disabilities. This is achieved under Section 811 of the Act. Their activities are centered around providing suitable dwellings for this specific demographic, ensuring they have a safe and comfortable living environment. The organization operates with the goal of making housing more accessible and inclusive for those in need.
Is Beam Homes Inc legitimate?
Beam Homes Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Beam Homes Inc 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
What is the mission statement of Beam Homes Inc?
Beam Homes Inc's mission is centered around providing affordable housing for individuals who are chronically mentally disabled. This is in alignment with Section 811 of the National Affordable Housing Act. The organization's primary goal is to ensure that these individuals have access to suitable living spaces, contributing to their overall well-being. They carry out this mission by adhering to exempt purposes, providing housing that meets the specific needs of this population.
Who is the CEO of Beam Homes Inc?
Sarah Norman is the President of Beam Homes Inc.
What is the revenue of Beam Homes Inc?
Beam Homes Inc's revenue in 2022 was $25,160.
Who are the executives of Beam Homes Inc and what are their salaries?
There 5 volunteers at Beam Homes Inc.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $172,288
- Other: $21,000
- Compensation: $0
- Related: $451,063
- Other: $25,617
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Beam Homes Inc?
Beam Homes Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Beam Homes Inc
Beam Homes Inc, a nonprofit organization, is dedicated to providing affordable housing for individuals who are chronically mentally disabled. Aligned with Section 811 of the National Affordable Housing Act, Beam Homes Inc strives to create living spaces that cater to this specific group of individuals. The mission of Beam Homes Inc is to ensure that these vulnerable individuals have access to safe and affordable housing, thereby improving their quality of life and enabling them to lead more fulfilling lives. By exempting its purpose, Beam Homes Inc is able to provide housing that meets the unique needs of the chronically mentally disabled population, thereby making a significant contribution to their well-being.
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Impact
August, 2024
Beam Homes Inc's impact lies in providing affordable housing to the chronically mentally disabled in Frederick, Maryland. By offering housing solutions in accordance with Section 811 of the National Affordable Housing Act, Beam Homes Inc addresses a crucial need for this vulnerable population. Their mission to ensure that the chronically mentally disabled have stable and secure housing contributes to the overall well-being and quality of life of individuals facing such challenges. Through their dedicated efforts, Beam Homes Inc plays a vital role in supporting the community and promoting inclusivity and dignity for those they serve.
This information is meant to be a general summary of Beam Homes Inc. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $6
- Program Service Revenue: $25,154
- Gross Receipts: $25,160
Assets and Liabilities:
- Total Assets: $758,407
- Total Liabilities: $765,573
- Net Assets: -$7,166
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$25,154
Organization Details
Founding Year
2008
Phone
(301) 662-0099Principal Officer
Sarah Norman
Main Address
PO BOX 3734, FREDERICK, MD, 21705
NTEE Category
Code: L20 - Housing
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