Nonprofit · EIN 62-1852652
HOMES OF LOVE INC
Tax-exempt · KNOXVILLE, TN 37934
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $382,447 | $404,766 | -$22,319 | $315,372 | $80,643 | $234,729 |
| December 31, 2024 | 990 | $633,481 | $810,832 | -$177,351 | $357,970 | $100,922 | $257,048 |
| December 31, 2023 | 990 | $748,588 | $725,271 | $23,317 | $549,136 | $114,737 | $434,399 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $380,883
- Program service revenue
- $0
- Investment income
- $1,564
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $206,904
- Compensation of officers, directors and key employees
- $25,385
- Other salaries and wages
- $73,091
- Salaries, compensation and benefits (total)
- $106,009
- Professional fundraising fees
- $0
- Accounting fees
- $3,114
- Occupancy
- $11,250
- Travel
- $1,961
- Depreciation
- $2,506
- Program services (functional)
- $270,297
- Management and general (functional)
- $60,990
- Fundraising (functional)
- $73,479
Balance sheet and other
- Total assets, start of year
- $357,970
- Total assets, end of year
- $315,372
- Total liabilities, end of year
- $80,643
- Net assets, end of year
- $234,729
- Land, buildings and equipment
- $11,394
- Net assets without donor restrictions
- $234,729
- Gross receipts
- $382,447
- Employees
- 6
- Volunteers
- 47
- Year formed
- 2001
- State of legal domicile
- TN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TIM BASCH | DIRECTOR Trustee or director | 1 | $0 |
| JOYCE BELL | DIRECTOR Trustee or director | 1 | $0 |
| GARY CHESNEY | PRESIDENT Trustee or director, Officer | 1 | $0 |
| AMY DENNING | DIRECTOR Trustee or director | 1 | $0 |
| VERONICA DOUGLASS | DIRECTOR Trustee or director | 1 | $0 |
| JANET ENGLAND | DIRECTOR Trustee or director | 1 | $0 |
| MORGAN GOINS | DIRECTOR Trustee or director | 1 | $0 |
| MATTHEW LOY | DIRECTOR Trustee or director | 1 | $0 |
| BILL PARK | SECRETARY/TR Trustee or director, Officer | 1 | $0 |
| DEBBIE CHESNEY | EXECUTIVE DI Officer | 40 | $0 |
990 for the year ended December 31, 2024: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DEBBIE CHESNEY | EXECUTIVE DI Officer | 40 | $74,459 |
| TIM BASCH | DIRECTOR Trustee or director | 1 | $0 |
| JOYCE BELL | DIRECTOR Trustee or director | 1 | $0 |
| GARY CHESNEY | PRESIDENT Trustee or director, Officer | 1 | $0 |
| AMY DENNING | DIRECTOR Trustee or director | 1 | $0 |
| VERONICA DOUGLASS | DIRECTOR Trustee or director | 1 | $0 |
| JANET ENGLAND | DIRECTOR Trustee or director | 1 | $0 |
| MATTHEW LOY | DIRECTOR Trustee or director | 1 | $0 |
| ASHLEY MCALPIN | DIRECTOR Trustee or director | 1 | $0 |
| BILL PARK | SECRETARY/TR Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DEBBIE CHESNEY | EXECUTIVE DI Officer | 32 | $73,722 |
| TIM BASCH | DIRECTOR Trustee or director | 1 | $0 |
| JOYCE BELL | DIRECTOR Trustee or director | 1 | $0 |
| GARY CHESNEY | PRESIDENT Trustee or director, Officer | 1 | $0 |
| AMY DENNING | DIRECTOR Trustee or director | 1 | $0 |
| VERONICA DOUGLASS | DIRECTOR Trustee or director | 1 | $0 |
| JANET ENGLAND | DIRECTOR Trustee or director | 1 | $0 |
| MATTHEW LOY | DIRECTOR Trustee or director | 1 | $0 |
| ASHLEY MCALPIN | DIRECTOR Trustee or director | 1 | $0 |
| BILL PARK | SECRETARY/TR Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 111 LOUDOUN RD STE 103, KNOXVILLE, TN 37934-2942
- In care of
- % GARY M CHESNEY
- Principal officer (990 for 2024)
- GARY CHESNEY, 3201 LOWES LANDING, LOUISVILLE, TN 37777
- Signed the 990
- GARY CHESNEY, PRESIDENT
- Phone
- (865) 660-4048
- Website
- WWW.HOMESOFLOVE.ORG
- Return prepared by
- MITCHELL EMERT & HILL PC
Mission
ESTABLISHES AND MAINTAINS SMALL, PERMANENT, FAMILY STRUCTURED HOMES FOR ORPHANED AND AT-RISK CHILDREN IN CAMBODIA, VIETNAM, AND ZIMBABWE. HOMES OF LOVE, INC. IS COMMITTED TO PROVIDING LONG-TERM CARE TO THESE CHILDREN EMOTIONALLY, PHYSICALLY, EDUCATIONALLY AND SPIRITUALLY.
Program accomplishments
- PROVIDING FAMILY-STRUCTURED HOMES FOR AT-RISK CHILDREN IN CAMBODIA, VIETNAM, AND ZIMBABWE.Expenses $270,297 · grants $206,904
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | Check at the IRS |
IRS record
- EIN
- 62-1852652
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2002
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L99)
- Assets (IRS master file)
- $315,372
- Income (IRS master file)
- $382,447
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $382,447 | $404,766 | $315,372 | XML |
| 990 | December 2024 | $633,481 | $810,832 | $357,970 | IRS |
| 990 | December 2023 | $748,588 | $725,271 | $549,136 | XML |
| 990 | December 2022 | $681,406 | $694,780 | $555,713 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 62-1852652).
Questions about HOMES OF LOVE INC
- What is the EIN of HOMES OF LOVE INC?
- The employer identification number (EIN) of HOMES OF LOVE INC is 62-1852652.
- Is HOMES OF LOVE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
- Are donations to HOMES OF LOVE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HOMES OF LOVE INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of HOMES OF LOVE INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did HOMES OF LOVE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of HOMES OF LOVE INC?
- The 990 for the year ended June 30, 2025 names GARY CHESNEY.
- Who are the officers and directors of HOMES OF LOVE INC?
- The 990 for the year ended June 30, 2025 lists 10 people; 0 received compensation from the organization.
- How much revenue does HOMES OF LOVE INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $382,447, expenses of $404,766 and total assets of $315,372 at year end.
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