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Nonprofit · EIN 52-2253599

LORETTA VILLAGE II INC

Tax-exempt · SALISBURY, MD 21804

Financials

$75K$114K2022$80K$108K2023$76K$110K2024
Revenue Expenses · by fiscal year end
Financials of LORETTA VILLAGE II INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$76,050$110,311-$34,261$325,711$55,657$270,054
June 30, 2024990$80,194$107,696-$27,502$351,365$47,050$304,315
June 30, 2023990$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.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
DR TYRONE CHASEEXECUTIVE DIRECTOR
Officer
2$0$165,520$11,603
FREDDY L MITCHELLBOARD MEMBER
Trustee or director
0$0$0$0
MCKINLEY TULLVICE CHAIR
Trustee or director, Officer
0$0$0$0
WILLIAM BARCLAYBOARD MEMBER
Trustee or director
0$0$0$0
CRAIG MATHIESCHAIR
Trustee or director, Officer
0$0$0$0
KEITH DAVIDSONBOARD MEMBER
Trustee or director
0$0$0$0
ELMIRA BROWNTREASURER
Trustee or director, Officer
0$0$0$0
990 for the year ended June 30, 2024: 6 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
TYRONE CHASEEXECUTIVE DIRECTOR/CHAIR
Trustee or director, Officer
2$0$160,200$11,851
FREDDY L MITCHELLBOARD MEMBER
Trustee or director
0$0$0$0
MCKINLEY TULLBOARD MEMBER
Trustee or director
0$0$0$0
WILLIAM BARCLAYSECRETARY
Trustee or director, Officer
0$0$0$0
ELMIRA BROWNTREASURER
Trustee or director, Officer
0$0$0$0
ELROY BRITTINGHAMBOARD MEMBER
Trustee or director
0$0$0$0
990 for the year ended June 30, 2023: 6 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
FREDDY L MITCHELLBOARD MEMBER
Trustee or director, Officer
2$0$160,992$11,222
MCKINLEY TULLBOARD MEMBER
Trustee or director
0$0$0$0
WILLIAM BARCLAYBOARD SECRETARY
Trustee or director, Officer
0$0$0$0
ELMIRA BROWNBOARD TREASURER
Trustee or director, Officer
0$0$0$0
TYRONE CHASEBOARD CHAIR
Trustee or director, Officer
0$0$0$0
ELROY BRITTINGHAMBOARD 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

990 for the year ended June 30, 2025

Program accomplishments

  • TO PROVIDE LOW COST HOUSING AND ASSISTANCE TO THE ELDERLY OF THE COMMUNITY
    Expenses $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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 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
Assets (IRS master file)
$325,711
Income (IRS master file)
$76,050

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$76,050$110,311$325,711XML
990June 2024$80,194$107,696$351,365IRS
990June 2023$75,094$113,966$386,385XML
990June 2022–––IRS
990June 2021–––IRS
990June 2020–––IRS
990June 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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