Nonprofit · EIN 82-2936594
TRUE HOMES FOUNDATION INC
Tax-exempt · MONROE, NC 28110
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $624,314 | $550,074 | $74,240 | $4,560,536 | $25,016 | $4,535,520 |
| December 31, 2023 | 990-PF | $903,490 | $714,351 | $189,139 | $4,599,675 | $138,395 | $4,461,280 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $429,375
- Interest
- $180,791
- Net rental income
- $14,148
Expenses
- Grants and similar amounts paid
- $498,582
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $498,582
- Excise tax on investment income
- $2,710
Balance sheet and other
- Total assets, start of year
- $4,599,675
- Total assets, end of year
- $4,560,536
- Total liabilities, end of year
- $25,016
- Net assets, end of year
- $4,535,520
- Fair market value of assets
- $4,560,536
- Qualifying distributions
- $498,582
- Net investment income
- $194,939
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-PF for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| G DAVID CUTHERBERSTON 2649 BREKONRIDGE CENTRE DRIVE, MONROE, NC 28110 | BOARD CHAIR | 0.25 | $0 |
| MARK W BOYCE 2649 BREKONRIDGE CENTRE DRIVE, MONROE, NC 28110 | VICE PRESIDENT/SECRETARY | 0.25 | $0 |
| DANIEL HORNER 2649 BREKONRIDGE CENTRE DRIVE, MONROE, NC 28110 | PRESIDENT | 0.25 | $0 |
| STEVE SWEETSER 2649 BREKONRIDGE CENTRE DRIVE, MONROE, NC 28110 | TREASURER | 0.25 | $0 |
990-PF for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| G DAVID CUTHERBERSTON 2649 BREKONRIDGE CENTRE DRIVE, MONROE, NC 28110 | BOARD CHAIR | 0 | $0 |
| MARK W BOYCE 2649 BREKONRIDGE CENTRE DRIVE, MONROE, NC 28110 | VICE PRESIDENT/SECRETARY | 0 | $0 |
| DANIEL HORNER 2649 BREKONRIDGE CENTRE DRIVE, MONROE, NC 28110 | PRESIDENT | 0 | $0 |
| STEVE SWEETSER 2649 BREKONRIDGE CENTRE DRIVE, MONROE, NC 28110 | TREASURER | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 2649 BREKONRIDGE CENTRE DR, MONROE, NC 28110-5629
- Signed the 990-PF
- MARK BOYCE, TREASURER
- Phone
- (980) 313-3253
- Return prepared by
- CLIFTONLARSONALLEN LLP
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 82-2936594
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2020
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T99)
- Assets (IRS master file)
- $4,560,536
- Income (IRS master file)
- $624,314
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $624,314 | $550,074 | $4,560,536 | XML |
| 990-PF | December 2023 | $903,490 | $714,351 | $4,599,675 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | 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 82-2936594).
Questions about TRUE HOMES FOUNDATION INC
- What is the EIN of TRUE HOMES FOUNDATION INC?
- The employer identification number (EIN) of TRUE HOMES FOUNDATION INC is 82-2936594.
- Is TRUE HOMES FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
- Are donations to TRUE HOMES FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does TRUE HOMES FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of TRUE HOMES FOUNDATION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did TRUE HOMES FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of TRUE HOMES FOUNDATION INC?
- The 990-PF for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
- How much revenue does TRUE HOMES FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $624,314, expenses of $550,074 and total assets of $4,560,536 at year end.
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All nonprofits in MONROE · North Carolina · Philanthropy, voluntarism and grantmaking foundations