Skip to content
Nonprofiteer
← TERRY HOMES INC

Form 990-EZ for tax year 2023

Filed by TERRY HOMES INC.

Totals

Total revenue
$72,312
Total expenses
$79,115
Contributions and grants received
$58,137
Grants paid
not reported
Program service revenue
$14,173
Membership dues (line 3)
not reported
Investment income (line 4)
$2
Gain or loss on sale of assets (line 5c)
not reported
Gaming and fundraising events, net (line 6d)
not reported
Gross profit on inventory sales (line 7c)
not reported
Other revenue (line 8)
not reported
Total assets, end of year
$356,003
Total liabilities, end of year
$98,989
Net assets or fund balances, end of year
$257,014
Program service expenses (Part III)
$60,146

Program services were 76.0% of total expenses calculated — Part III's total program service expenses over total expenses, both as filed.

Mission and programs · 2023

Primary exempt purpose

TO PROVIDE AFFORDABLE HOUSING TO THE CHRONICALLY MENTALLY DISABLED UNDER SECTION 811 OF THE NATIONAL AFFORDABLE HOUSING ACT.

  • TERRY HOMES, INC. WAS ORGANIZED IN NOVEMBER 2000 UNDER THE PROVISIONS OF THE STATE OF MARYLAND FOR THE PURPOSE OF ACQUIRING AND CONSTRUCTING HOUSING AND RELATED FACILITIES FOR PERSONS WHO SUFFER FROM CHRONIC MENTAL ILLNESS. THE ENTITY WAS FINANCED THROUGH THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT ("HUD") UNDER SECTION 811 OF THE NATIONAL AFFORDABLE HOUSING ACT AND CONSISTS OF 9 UNITS. SUCH PROJECTS ARE REGULATED BY HUD AS TO RENT CHARGES AND OPERATING METHODS.

    Expenses $60,146

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part IV

  • SARAH NORMAN

    CHIEF, COMMUNITY DEVELOPMENT

    Total calculated
    $0
    Hours/week
    0.25
  • JEFF RICHARDSON

    TREASURER - THRU 03/2024

    Total calculated
    $0
    Hours/week
    0.25
  • MARISA PLUNK

    TREASURER

    Total calculated
    $0
    Hours/week
    0.25
  • ROBERT HALL

    VICE PRESIDENT - THRU 04/2024

    Total calculated
    $0
    Hours/week
    0.25
  • ERINN SHAW

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    0.25
  • ISSUMI YOUNG

    SECRETARY

    Total calculated
    $0
    Hours/week
    0.25
  • CLAIRE DENNIS-TUKPAH

    DIRECTOR - THRU 04/2024

    Total calculated
    $0
    Hours/week
    0.25
  • JOHN SHIPLEY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

Compensation is as filed in Part IV of the Form 990-EZ: compensation, contributions to benefit plans, expense account, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990_ez
Tax year
2023
Filed
12 May 2025
IRS schema version
2023v6.0
Source object
202521329349203907

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.