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Beta Home Inc

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

EIN: 581344391 ✦ Knoxville, TN ✦ Designated as a 501(c)(3)

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Overview

What is Beta Home Inc?

Beta Home Inc, situated in Knoxville, Tennessee, is a nonprofit organization dedicated to serving intellectually and developmentally disabled adults. Its primary purpose is to provide them with suitable housing through two group homes designed to accommodate their unique needs. Beta Home accomplishes this mission by relying on funding from the HUD Section 8 Housing Assistance Payment program and income generated from tenant rentals. The organization's goal is to offer a supportive living environment for this special population, ensuring their well-being and comfort.

Is Beta Home Inc legitimate?

Beta Home Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Beta Home 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 Beta Home Inc?

Beta Home Inc, as an organization, is dedicated to providing group homes for intellectually and developmentally disabled adults. Their mission is centered around offering housing solutions for this specific population. They achieve this mission through the use of funds from the Hud Sect 8 Housing Assistance Payment and income generated from tenant rentals. The organization operates two group homes, each catering to the unique needs of the individuals residing there.

Who is the CEO of Beta Home Inc?

Mike Taylor is the President of Beta Home Inc.

What is the revenue of Beta Home Inc?

Beta Home Inc's revenue in 2022 was $152,116.

Who are the executives of Beta Home Inc and what are their salaries?


Here are 5 key members and their salaries:


Mark Medley (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Taylor (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rebecca Taylor (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gail Root (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Stiles (Exec Dir Of Managing Agent)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Beta Home Inc?

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

Mission Statement of Beta Home Inc

Beta Home Inc, a nonprofit organization, is committed to providing housing solutions for intellectually and developmentally disabled adults. Their mission is to offer a nurturing environment that caters to the unique needs of this population. Beta Home relies on funding from the HUD Section 8 Housing Assistance Payment program and income generated from tenant rentals to sustain its operations. The organization operates two group homes, each tailored to meet the specific requirements of its residents.

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Impact




October, 2024

Beta Home Inc significantly impacts the Knoxville, TN community by offering specialized housing for intellectually and developmentally disabled adults. By providing two dedicated group homes, the organization addresses a critical need for safe and supportive living environments tailored to the unique requirements of its residents. This focus on group housing not only enhances the quality of life for individuals with disabilities but also promotes their independence and social inclusion.

The reliance on HUD Section 8 Housing Assistance and rental income enables Beta Home to sustain its operations, ensuring that residents have access to essential services that contribute to their well-being. By fostering a community where individuals can thrive, Beta Home plays a vital role in improving the lives of vulnerable populations and promoting inclusivity within the broader Knoxville area. Through its mission, Beta Home Inc stands as a crucial resource for families seeking comprehensive care and support for their loved ones.




This information is meant to be a general summary of Beta Home 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
$152,116 (2022)
Expenses
$146,151 (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: $152,114
  • Gross Receipts: $152,116

Assets and Liabilities:

  • Total Assets: $201,095
  • Total Liabilities: $351,375
  • Net Assets: -$150,280

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Organization Details

Principal Officer

Mike Taylor

Main Address

1809 LUTTRELL AVENUE, KNOXVILLE, TN, 37917

NTEE Category

Code: P82Z - Human services

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