Nonprofit · EIN 23-2038165
BETTER HOMES INC
Tax-exempt · BRISTOL, PA 19007
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2023 | 990 | $290,196 | $285,685 | $4,511 | $3,157,766 | $510,151 | $2,647,615 |
Financial details: 990 for the year ended December 31, 2023
Revenue
- Contributions, gifts and grants
- $364
- Program service revenue
- $144,882
- Investment income
- $7
- Net rental income
- $144,349
- Other revenue
- $144,943
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $69,418
- Other salaries and wages
- $57,759
- Salaries, compensation and benefits (total)
- $148,449
- Professional fundraising fees
- $0
- Accounting fees
- $10,855
- Occupancy
- $18,000
- Depreciation
- $53,912
- Program services (functional)
- $199,032
- Management and general (functional)
- $86,653
Balance sheet and other
- Total assets, start of year
- $3,309,894
- Total assets, end of year
- $3,157,766
- Total liabilities, end of year
- $510,151
- Net assets, end of year
- $2,647,615
- Land, buildings and equipment
- $426,679
- Publicly traded securities
- -$50,936
- Net assets without donor restrictions
- $2,647,615
- Gross receipts
- $394,478
- Employees
- 5
- Volunteers
- 7
- Year formed
- 1975
- State of legal domicile
- PA
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 December 31, 2023, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CARMEN WATTS | EXECUTIVE DI Officer | 40 | $55,000 | $14,418 |
| ARLENIA BRINSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOANNE CHATMAN | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| VALERIE GERNHARDT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BETTY GILBERT | PRESIDENT Trustee or director, Officer | 10 | $0 | $0 |
| KAY RICE-TAYLOR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| FREDERICK TOWSON | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 2605 DURHAM RD, BRISTOL, PA 19007-6925
- Principal officer (990 for 2023)
- BETTY GILBERT, 2605 DURHAM ROAD, BRISTOL, PA 190070022
- Signed the 990
- CARMEN WATTS, EXECUTIVE DIRECTOR
- Phone
- (215) 945-3400
- Return prepared by
- J MILLER & ASSOCIATES LLC
Mission
PURCHASE, REHAB, SELL OR RENT HOMES TO LOW AND MODERATE INCOME FAMILIES AT AFFORDABLE PRIES.
Program accomplishments
- AFFORDABLE LOW TO MODERATE INCOME HOUSING.Expenses $199,032 · revenue $144,882
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 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 | Not on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 23-2038165
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1979
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L20Z)
- Assets (IRS master file)
- $3,157,766
- Income (IRS master file)
- $394,478
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2023 | $290,196 | $285,685 | $3,157,766 | XML |
| 990 | December 2022 | $507,159 | $303,353 | $3,309,894 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 23-2038165).
Questions about BETTER HOMES INC
- What is the EIN of BETTER HOMES INC?
- The employer identification number (EIN) of BETTER HOMES INC is 23-2038165.
- Is BETTER HOMES INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1979.
- Are donations to BETTER HOMES INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BETTER HOMES 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 BETTER HOMES 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 BETTER HOMES INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2023.
- Who is the principal officer of BETTER HOMES INC?
- The 990 for the year ended December 31, 2023 names BETTY GILBERT.
- Who are the officers and directors of BETTER HOMES INC?
- The 990 for the year ended December 31, 2023 lists 7 people; 1 received compensation from the organization, the highest $55,000 (CARMEN WATTS, EXECUTIVE DI).
- How much revenue does BETTER HOMES INC have?
- On its 990 for the year ended December 31, 2023 it reported revenue of $290,196, expenses of $285,685 and total assets of $3,157,766 at year end.
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