Nonprofit · EIN 52-2253599
LORETTA VILLAGE II INC
Tax-exempt · SALISBURY, MD 21804
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $76,050 | $110,311 | -$34,261 | $325,711 | $55,657 | $270,054 |
| June 30, 2024 | 990 | $80,194 | $107,696 | -$27,502 | $351,365 | $47,050 | $304,315 |
| June 30, 2023 | 990 | $75,094 | $113,966 | -$38,872 | $386,385 | $54,568 | $331,817 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $43,844
- of which government grants
- $43,844
- Program service revenue
- $29,093
- Investment income
- $1,036
- Other revenue
- $2,077
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $18,189
- Salaries, compensation and benefits (total)
- $24,781
- Professional fundraising fees
- $0
- Accounting fees
- $11,456
- Depreciation
- $30,159
- Program services (functional)
- $77,541
- Management and general (functional)
- $32,770
Balance sheet and other
- Total assets, start of year
- $351,365
- Total assets, end of year
- $325,711
- Total liabilities, end of year
- $55,657
- Net assets, end of year
- $270,054
- Land, buildings and equipment
- $258,919
- Net assets without donor restrictions
- $219,466
- Net assets with donor restrictions
- $50,588
- Gross receipts
- $76,050
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2004
- State of legal domicile
- MD
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 | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| DR TYRONE CHASE | EXECUTIVE DIRECTOR Officer | 2 | $0 | $165,520 | $11,603 |
| FREDDY L MITCHELL | BOARD MEMBER Trustee or director | 0 | $0 | $0 | $0 |
| MCKINLEY TULL | VICE CHAIR Trustee or director, Officer | 0 | $0 | $0 | $0 |
| WILLIAM BARCLAY | BOARD MEMBER Trustee or director | 0 | $0 | $0 | $0 |
| CRAIG MATHIES | CHAIR Trustee or director, Officer | 0 | $0 | $0 | $0 |
| KEITH DAVIDSON | BOARD MEMBER Trustee or director | 0 | $0 | $0 | $0 |
| ELMIRA BROWN | TREASURER Trustee or director, Officer | 0 | $0 | $0 | $0 |
990 for the year ended June 30, 2024: 6 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| TYRONE CHASE | EXECUTIVE DIRECTOR/CHAIR Trustee or director, Officer | 2 | $0 | $160,200 | $11,851 |
| FREDDY L MITCHELL | BOARD MEMBER Trustee or director | 0 | $0 | $0 | $0 |
| MCKINLEY TULL | BOARD MEMBER Trustee or director | 0 | $0 | $0 | $0 |
| WILLIAM BARCLAY | SECRETARY Trustee or director, Officer | 0 | $0 | $0 | $0 |
| ELMIRA BROWN | TREASURER Trustee or director, Officer | 0 | $0 | $0 | $0 |
| ELROY BRITTINGHAM | BOARD MEMBER Trustee or director | 0 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 6 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| FREDDY L MITCHELL | BOARD MEMBER Trustee or director, Officer | 2 | $0 | $160,992 | $11,222 |
| MCKINLEY TULL | BOARD MEMBER Trustee or director | 0 | $0 | $0 | $0 |
| WILLIAM BARCLAY | BOARD SECRETARY Trustee or director, Officer | 0 | $0 | $0 | $0 |
| ELMIRA BROWN | BOARD TREASURER Trustee or director, Officer | 0 | $0 | $0 | $0 |
| TYRONE CHASE | BOARD CHAIR Trustee or director, Officer | 0 | $0 | $0 | $0 |
| ELROY BRITTINGHAM | BOARD MEMBER Trustee or director | 0 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 520 SNOW HILL RD, SALISBURY, MD 21804-6031
- In care of
- % FREDDY L MITCHELL
- Principal officer (990 for 2024)
- DR TYRONE CHASE, 520 SNOW HILL RD, SALISBURY, MD 21804
- Signed the 990
- DR TYRONE CHASE, EXECUTIVE DIRECTOR
- Phone
- (410) 749-1142
- Return prepared by
- UHY ADVISORS MID-ATLANTIC INC
Mission
TO PROVIDE SAFE AND AFFORDABLE HOUSING AND ASSISTANCE TO THE ELDERLY OF THE COMMUNITY
Program accomplishments
- TO PROVIDE LOW COST HOUSING AND ASSISTANCE TO THE ELDERLY OF THE COMMUNITYExpenses $77,541 · revenue $32,206
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 | 990 on file |
IRS record
- EIN
- 52-2253599
- 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
- 2001
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L22)
- Assets (IRS master file)
- $325,711
- Income (IRS master file)
- $76,050
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $76,050 | $110,311 | $325,711 | XML |
| 990 | June 2024 | $80,194 | $107,696 | $351,365 | IRS |
| 990 | June 2023 | $75,094 | $113,966 | $386,385 | XML |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | 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 52-2253599).
Questions about LORETTA VILLAGE II INC
- What is the EIN of LORETTA VILLAGE II INC?
- The employer identification number (EIN) of LORETTA VILLAGE II INC is 52-2253599.
- Is LORETTA VILLAGE II INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
- Are donations to LORETTA VILLAGE II INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LORETTA VILLAGE II 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 LORETTA VILLAGE II 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 LORETTA VILLAGE II 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 LORETTA VILLAGE II INC?
- The 990 for the year ended June 30, 2025 names DR TYRONE CHASE.
- Who are the officers and directors of LORETTA VILLAGE II INC?
- The 990 for the year ended June 30, 2025 lists 7 people; 0 received compensation from the organization.
- How much revenue does LORETTA VILLAGE II INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $76,050, expenses of $110,311 and total assets of $325,711 at year end.
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