Beaverbrook Homes Inc
- Assets
- $201.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hunt Valley, MD
- Founding
- 02/1999
- Data as of
- 06/2023
- EIN
- 52-2140590
Organization Overview
Beaverbrook Homes Inc is located in Hunt Valley, MD. The organization was established in 1999. According to its NTEE Classification (P82) the organization is classified as: Developmentally Disabled Centers, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Beaverbrook Homes Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Beaverbrook Homes Inc generated $60.2k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $70.1k during the year ending 06/2023. While expenses have increased by 0.4% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
BEAVERBOOK HOMES, INC. MAINTAINS AND OPERATES GROUP HOMES PROVIDING RESIDENTIAL HOUSING AND SERVICES TO LOW INCOME PERSONS WITH DISABILITIES UNDER SECTION 811 OF THE NATIONAL AFFORDABLE HOUSING ACT. THE CORPORATION IS COMPRISED OF TWO (6 UNIT) GROUP HOMES LOCATED IN COLUMBIA, MARYLAND. THE CORPORATION IS SUBJECT TO REGULATIONS AS REQUIRED BY THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) AND ALSO SUBJECT TO A SECTION 8 PROJECT RENTAL ASSISTANCE CONTRACT WITH HUD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Drumheller CEO | 0.25 | $0 | |
Eddie M Denning Secretary | 0.25 | $0 | |
John Carver Director | 0.25 | $0 | |
Jimmie Noble Treasurer | 0.25 | $0 | |
Danielle Ford Director | 0.25 | $0 | |
Lisa B Johnson Chairperson | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $60,203 |
| Membership dues | $0 |
| Investment income | $26 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $60,229 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $11,414 |
| Occupancy, rent, utilities, and maintenance | $7,537 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $51,196 |
| Total expenses | $70,147 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $9,039 |
| Other assets | $0 |
| Total assets | $201,067 |
| Total liabilities | $77,078 |
| Net assets or fund balances | $123,989 |