Overview
What is Terrific Inc?
Terrific Inc, located at 1222 T Street NW, Washington DC 20009, is a nonprofit organization dedicated to providing safe and affordable housing and comprehensive support services to individuals and families in crisis. Financed by the United States Department of Housing and Urban Development, Terrific Inc operates the Terrific Inn 1 project, offering lodging to 14 low-income adults. Tenants contribute to their rent based on their income, with the government providing subsidies to cover any remaining costs. Terrific Inc's mission revolves around ensuring the well-being of its residents, currently employing a team of 54 individuals to accomplish this goal.
Official website here: www.terrificinc.org
Is Terrific Inc legitimate?
Terrific Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Terrific 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,893,601
For more financial information, click here
Official website here: www.terrificinc.org
What is the mission statement of Terrific Inc?
Terrific Inc, as an organization, is committed to providing safe and affordable housing, along with comprehensive support services, to individuals and families in crisis. This mission is carried out through programs such as the Senior Citizen Independent-Living Housing Program, which is operated through the Terrific Inn 1 project. Under this program, the Inn offers housing for 14 low-income adults, with the United States Department of Housing and Urban Development financing the building's purchase and providing tenant rent subsidies. The tenants pay an income-based contribution for their rent.
Official website here: www.terrificinc.org
Who is the CEO of Terrific Inc?
What is the revenue of Terrific Inc?
Who are the executives of Terrific Inc and what are their salaries?
The average compensation at Terrific Inc during 2022 was $35,067. There are 54 employees at Terrific Inc.
Here are 8 key members and their salaries:
- Joan Mccarley (Executive Director)
- Debbie Tate (President) [Trustee/Director]
- Juan Smith (Secretary/Treas.) [Trustee/Director]
- Daniel Wilson (Board Member) [Trustee/Director]
- Laverte Mathis (Board Member) [Trustee/Director]
- Jennifer Joffe (Board Member) [Trustee/Director]
- Antonio Hines (Board Member) [Trustee/Director]
- Shirelle Howze (Board Member) [Trustee/Director]
Official website here: www.terrificinc.org
Where can I find the form 990 for Terrific Inc?
The Terrific Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.terrificinc.org
Learn more at the official website: www.terrificinc.org
Mission Statement of Terrific Inc
Terrific, Inc. is committed to providing a safe and affordable living environment, along with comprehensive support services, for individuals and families in crisis. The organization's mission is particularly focused on addressing the needs of those in distress. One of their initiatives is the Senior Citizen Independent-Living Housing Program, which is operational through the Terrific Inn 1 Project. This project offers housing for 14 low-income adults, with financial support provided by the United States Department of Housing and Urban Development (HUD). Tenants contribute to their rent based on their income. This program by Terrific, Inc. aims to provide a secure living space and essential support services to those in need, contributing to their overall well-being.
Impact
This information is meant to be a general summary of Terrific Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Saturday, July 20, 2024
Terrific Inc provides safe and affordable housing along with comprehensive support services to individuals and families in crisis. Their impact can be seen in the Senior Citizen Independent-Living Housing Program operated through the Terrific Inn 1 project. Through this program, 14 low-income adults have access to housing, supported by subsidies from the United States Department of Housing and Urban Development (HUD). Terrific Inc's focus on providing housing to those in need contributes to addressing homelessness and improving the well-being of vulnerable populations in Washington, DC.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$62,657
Organization Details
Founding Year
1975
Phone
(202) 234-4128
Principal Officer
Debbie Tate
Main Address
1222 T STREET NW, WASHINGTON, DC, 20009
Website
www.terrificinc.org
NTEE Category
Code: L210 - Housing
If you are a representative of Terrific 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.