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The Way Homes Inc

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

EIN: 272458821 ✦ Pasadena, MD ✦ Designated as a 501(c)(3)

Overview

What is The Way Homes Inc?

The Way Homes Inc is a nonprofit organization situated in Pasadena, Maryland, specifically at 3606 Mountain Rd. Their primary mission is to provide a safe, drug-free environment for individuals recovering from addiction, offering healthy and supportive housing for approximately 25 men and women at a time. In the previous fiscal year, they assisted around 100 individuals. The organization, with a workforce of 3 dedicated individuals, is committed to helping individuals regain their footing and embark on a new, drug-free life.


Is The Way Homes Inc legitimate?

The Way Homes Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Way Homes Inc 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.

Here are some key statistics you may want to consider:

Executive Compensation: $24,545
Professional Fundraising Fees: $0
Other Salaries and Wages: $82,909

For more financial information, click here


What is the mission statement of The Way Homes Inc?
Who is the CEO of The Way Homes Inc?
What is the revenue of The Way Homes Inc?
Who are the executives of The Way Homes Inc and what are their salaries?
Where can I find the form 990 for The Way Homes Inc?

Mission Statement of The Way Homes Inc

The Way Homes Inc is a non-profit organization dedicated to creating a healthy, drug-free environment for men and women who are recovering from addiction. Its primary mission is to provide a supportive living space for approximately 25 individuals at a time, helping them to overcome their substance abuse issues and start anew. In the previous fiscal year, The Way Homes Inc assisted over 100 individuals in their recovery journey.

Impact

This information is meant to be a general summary of The Way Homes Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Tuesday, June 18, 2024

The Way Homes Inc has a significant impact on individuals recovering from addiction by providing a healthy, drug-free environment for men and women. They offer housing and assistance to approximately 25 individuals at a time and assisted around 100 individuals in the previous fiscal year. Their work in Pasadena, MD, is crucial in supporting individuals in their journey towards recovery and promoting mental health.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

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

  • Investment Income: $27
  • Program Service Revenue: $162,498
  • Gross Receipts: $279,850

    • Assets and Liabilities:
  • Total Assets: $448,593
  • Total Liabilities: $468,814
  • Net Assets: -$20,221
  • Programs

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

    Housing

    Revenue

    $162,498

    Organization Details

    Founding Year

    2010

    Principal Officer

    Gregory Anderson

    Main Address

    3606 MOUNTAIN RD, PASADENA, MD, 211222023

    NTEE Category

    Code: F22 - Mental health

    If you are a representative of The Way Homes Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.