Tarry House Inc

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

EIN: 341043224 ✦ Akron, OH ✦ Designated as a 501(c)(3)

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Overview

What is Tarry House Inc?

Tarry House Inc, based in Akron, Ohio, is a nonprofit organization that provides essential support to adults grappling with severe mental disorders. Their primary mission involves operating group homes, offering residents shelter, nutritious meals, and various necessary services. In 2022, Tarry House served about 175 individuals, accounting for 7,421 unit/bed days. The organization, staffed by 27 employees, plays a crucial role in the lives of those in need, contributing positively to their overall well-being.


Official website here: www.tarryhouse.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Star Rating)

Tarry House Inc has received an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The charity's overall score is derived entirely from its exceptional Accountability & Finance score of 96%. This high rating indicates a robust financial management system and a commitment to transparency in its operations.

The organization demonstrates a strong governance structure, with 100% of its board members being independent, which is critical for unbiased decision-making. Tarry House Inc also excels in its oversight practices, evidenced by a complete score in areas such as financial statements and conflict of interest policies. The low liabilities to assets ratio of 3.27% and high program expense ratio of 87.18% further highlight its efficient allocation of resources towards its mission.

While the data indicates a strong financial foundation and governance, there are no specific limitations noted in the available information. Overall, Tarry House Inc stands out as a well-managed nonprofit, emphasizing accountability and effective financial practices.


This AI summary has been generated from information found on Charity Navigator.

Is Tarry House Inc legitimate?

Tarry House Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tarry House 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: $772,983

For more financial information, click here


Official website here: www.tarryhouse.org

What is the mission statement of Tarry House Inc?

Tarry House Inc's mission is centered around providing support for adults with severe mental disorders. They accomplish this by operating group homes, offering shelter, meals, and necessary services. In 2022, they served approximately 175 individuals, providing a total of 7,421 unit/bed days of care. The organization's primary goal is to contribute positively to the lives of those dealing with severe mental health issues, ensuring they receive the necessary assistance and care to live comfortably.


Official website here: www.tarryhouse.org

Who is the CEO of Tarry House Inc?

Jim Ward is the Chairperson of Tarry House Inc.


Official website here: www.tarryhouse.org

What is the revenue of Tarry House Inc?

Tarry House Inc's revenue in 2022 was $1,170,118.


Official website here: www.tarryhouse.org

Who are the executives of Tarry House Inc and what are their salaries?

The average compensation at Tarry House Inc during 2022 was $28,629. There are 27 employees at Tarry House Inc.


Here are 11 key members and their salaries:


Michael Bullock (Executive Director)
  • Compensation: $137,102
  • Related: $0
  • Other: $0
Laura Puhalla (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gerard Dusa (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Madeleine Breen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack Davis (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michele Franklin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Jones (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maureen Gaffney Katanic (Vice-Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ramona Benson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicholas Capotosto (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Ward (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.tarryhouse.org

Where can I find the form 990 for Tarry House Inc?

Tarry House Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.tarryhouse.org

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

Mission Statement of Tarry House Inc

Tarry House Inc, a nonprofit organization, is dedicated to providing shelter, food, and essential services to adults grappling with severe mental disorders. Their mission is to create an environment where these individuals can find refuge and receive the care they need. By operating group homes, Tarry House Inc offers a supportive living space, ensuring the physical and emotional well-being of over 175 individuals annually, totaling 7,421 unit/bed days in 2022. The organization's work is crucial in assisting these adults in managing their conditions, enabling them to lead more stable and fulfilling lives.

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Impact




October, 2024

Tarry House Inc significantly impacts the Akron community by operating group homes that offer essential shelter, food, and services to adults with severe mental disorders. In 2022, the organization provided critical support to approximately 175 individuals, resulting in 7,421 unit/bed days. This dedicated approach not only addresses immediate needs but also fosters stability and nurturing environments for those affected by mental health challenges, helping to improve their overall well-being and quality of life.




This information is meant to be a general summary of Tarry House 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.

Revenue
$1,170,118 (2022)
Expenses
$1,188,350 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $17,127
  • Program Service Revenue: $83,145
  • Gross Receipts: $1,177,274

Assets and Liabilities:

  • Total Assets: $1,531,670
  • Total Liabilities: $50,142
  • Net Assets: $1,481,528

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Programs

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

Rental Income

Revenue

$6,000

Self pay clients

Revenue

$70,642

Management income

Revenue

$6,503

Organization Details

Founding Year

1967

Principal Officer

Jim Ward

Main Address

564 Diagonal Road, Akron, OH, 443203010

NTEE Category

Code: Z99Z - Unknown

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