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Thanksgiving Homes

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

EIN: 721544954 ✦ Corpus christi, TX ✦ Designated as a 501(c)(3)

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Overview

What is Thanksgiving Homes?

Thanksgiving Homes is a nonprofit organization situated in Corpus Christi, Texas (specifically at 3701 Ayers Street, ZIP code 78414). Their primary objective is to aid their sponsor in financing or providing public facilities, either through refinancing or directly providing such facilities. The organization's mission revolves around supporting its sponsor in financial aspects related to public facilities, contributing to the betterment of the community.

Is Thanksgiving Homes legitimate?

Thanksgiving Homes is a legitimate nonprofit organization registered as a 501(c)(3) entity. Thanksgiving Homes 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: $13,604

For more financial information, click here

What is the mission statement of Thanksgiving Homes?

Thanksgiving Homes' mission is to aid its sponsor in securing financing or providing public facilities. This organization is committed to supporting its sponsor in their financial endeavors related to public infrastructure. The primary objective of Thanksgiving Homes is to facilitate the financing or provision of necessary public facilities. By doing so, it contributes to the betterment of communities and the provision of essential public services. The organization's activities center around assisting its sponsor in financial aspects, ultimately leading to the creation or improvement of public facilities.

Who is the CEO of Thanksgiving Homes?

Gary Allsup is the Chair of Thanksgiving Homes. The CEO's salary of Thanksgiving Homes is $0 and their total compensation is $314,039.

What is the revenue of Thanksgiving Homes?

Thanksgiving Homes's revenue in 2022 was $300,286.

Who are the executives of Thanksgiving Homes and what are their salaries?


Here are 5 key members and their salaries (Thanksgiving Homes's CEO's salary is $0 and their total compensation is $314,039):


Cathy Mehne (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Balli (Commissioner)
  • Compensation: $0
  • Related: $0
  • Other: $0
Curtis Clark (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Gilda Ramirez (Commissioner)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Allsup (President & Ceo)
  • Compensation: $0
  • Related: $314,039
  • Other: $0
Where can I find the form 990 for Thanksgiving Homes?

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

Mission Statement of Thanksgiving Homes

Thanksgiving Homes is an organization dedicated to assisting its sponsor in financing or providing public facilities. Their mission, in simple terms, is to help facilitate the financial needs or procurement of public infrastructure projects. The purpose of Thanksgiving Homes is to support its sponsor in this endeavor, contributing to the development of necessary public facilities.

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Impact




October, 2024

Thanksgiving Homes significantly impacts the community by facilitating the financing and provision of essential public facilities. Based in Corpus Christi, Texas, it plays a crucial role in supporting its sponsors to enhance local infrastructure and housing options. By enabling refinancing opportunities, Thanksgiving Homes helps alleviate financial burdens, enabling the development and maintenance of vital facilities that serve the public. This mission not only aids in improving the living conditions within the community but also fosters economic growth by making housing more accessible and sustainable. Through its efforts, Thanksgiving Homes contributes to a stronger, more resilient community.




This information is meant to be a general summary of Thanksgiving Homes. 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
$300,286 (2022)
Expenses
$383,706 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $14,937
  • Program Service Revenue: $285,349
  • Gross Receipts: $300,286

Assets and Liabilities:

  • Total Assets: $3,132,753
  • Total Liabilities: $1,177,167
  • Net Assets: $1,955,586

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Programs

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

TENANT RENT

Revenue

$283,924

MISCELLANEOUS INCOME

Revenue

$1,425

Organization Details

Founding Year

2002

Principal Officer

Gary Allsup

Main Address

3701 AYERS STREET, CORPUS CHRISTI, TX, 78414

NTEE Category

Code: L21 - Housing

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