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Terry Homes Inc

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

EIN: 522284384 ✦ Timonium, MD ✦ Designated as a 501(c)(3)

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Overview

What is Terry Homes Inc?

Terry Homes Inc, established in November 2000, is a nonprofit organization situated in Timonium, Maryland. Its primary mission is to offer affordable housing and related facilities for individuals struggling with chronic mental illness, as per Section 811 of the National Affordable Housing Act. To finance this endeavor, Terry Homes relies on exempt purposes, specifically aimed at providing affordable housing for the chronically mentally disabled population. This organization is dedicated to addressing the housing needs of this vulnerable group.

Is Terry Homes Inc legitimate?

Terry Homes Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Terry Homes Inc submitted a form 990EZ, 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.

What is the mission statement of Terry Homes Inc?

Terry Homes Inc., established in November 2000, was organized with the mission to offer affordable housing and related facilities for individuals struggling with chronic mental illness. This mission is in line with Section 811 of the National Affordable Housing Act. The company's primary focus is on providing housing solutions for this particularly vulnerable population, aiming to improve their living conditions and well-being. The organization's efforts are geared towards addressing the unique housing needs of individuals living with chronic mental illness.

Who is the CEO of Terry Homes Inc?

Sarah Norman is the President of Terry Homes Inc.

What is the revenue of Terry Homes Inc?

Terry Homes Inc's revenue in 2022 was $67,797.

Who are the executives of Terry Homes Inc and what are their salaries?


Here are 5 key members and their salaries:


Sarah Norman (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Lawrence (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Weiss (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Richardson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clair Dennis-Tupak (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Terry Homes Inc?

Terry Homes Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Terry Homes Inc

Terry Homes Inc, a nonprofit organization established in November 2000, is dedicated to providing affordable housing and related facilities for individuals grappling with chronic mental illness. This mission is in line with Section 811 of the National Affordable Housing Act. The organization's primary focus is on catering to the housing needs of this particularly vulnerable population. Terry Homes Inc operates under the exempt purpose umbrella, ensuring the provision of affordable housing for chronically mentally disabled individuals. While I cannot provide specific details about the location of Terry Homes Inc, it is situated in Timonium, MD, as stated in the provided information.

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Impact




August, 2024

Terry Homes Inc has a significant impact on the lives of individuals suffering from chronic mental illness by providing affordable housing and related facilities under the National Affordable Housing Act. This organization in Timonium, MD, is dedicated to meeting the housing needs of this vulnerable population, offering them a safe and supportive environment to help them live with dignity and stability. Their work plays a crucial role in improving the well-being and quality of life for those in need of specialized housing services.




This information is meant to be a general summary of Terry 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.

Revenue
$67,797 (2022)
Expenses
$78,137 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2
  • Program Service Revenue: $11,429
  • Gross Receipts: $67,797

Assets and Liabilities:

  • Total Assets: $365,499
  • Total Liabilities: $102,148
  • Net Assets: $263,351

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Organization Details

Principal Officer

Sarah Norman

Main Address

1925 GREENSPRING DRIVE, TIMONIUM, MD, 21093

NTEE Category

Code: L21 - Housing

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