Guide Marywood House Inc
- Assets
- $264.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Gaithersburg, MD
- Founding
- 04/2002
- Data as of
- 06/2022
- EIN
- 75-3002389
Organization Overview
Guide Marywood House Inc is located in Gaithersburg, MD. The organization was established in 2002. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Guide Marywood House 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 06/2022, Guide Marywood House Inc generated $54.7k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $66.2k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (0.9%) per year over the past 6 years. 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
2022
Describe the Organization's Program Activity:
Part 3
PROVIDING AFFORABLE HOUSING TO THE CHRONICALLY MENTALLY ILL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sarah Norman President | 0.2 | $0 | |
Jeff Richardson Treasurer / Secreatary | 0.2 | $0 | |
Claire Dennis Director | 0.2 | $0 | |
David Weiss Director | 0.2 | $0 | |
Robert Hall Director | 0.2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $54,626 |
| Membership dues | $0 |
| Investment income | $33 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $54,659 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $9,710 |
| Professional fees and other payments to independent contractors | $14,467 |
| Occupancy, rent, utilities, and maintenance | $24,941 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $17,066 |
| Total expenses | $66,184 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,051 |
| Other assets | $0 |
| Total assets | $264,201 |
| Total liabilities | $421,075 |
| Net assets or fund balances | -$156,874 |