Overview

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Est.

1970

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

Bywater Mutual Homes Inc is a nonprofit organization dedicated to providing housing to low-income families as a HUD cooperative. With an operating budget of $3.9 million and total revenue of $4.1 million for the filing year 2024, the organization relies on diverse funding sources, with no single funder contributing 50% or more of its revenue. Although it does not maintain a website, its mission focuses on addressing housing development needs in the community.

Mission Statement

TO PROVIDE HOUSING TO LOW INCOME FAMILIES AS A HUD COOPERATIVE
Revenues
$4.1M
Expenses
$3.9M
Net Income:
+$269.2K
Assets
$12.3M
Liabilities
$7.7M
Net Assets:
+$4.6M
Operating Budget
$3.9M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$1.9K
Largest grant received
$1.9K
B
Betty Wright
Board Member
D
Deneice Fisher
Board Member
R
Ratasha Harley
Board Member

Frequently Asked Questions

What is BYWATER MUTUAL HOMES INC’s budget?
In 2024, BYWATER MUTUAL HOMES INC reported an annual operating budget of around $3.9 million. More detailed financial information is available to registered users.
What causes does BYWATER MUTUAL HOMES INC support?
BYWATER MUTUAL HOMES INC supports work in Housing development.
Where does BYWATER MUTUAL HOMES INC operate?
BYWATER MUTUAL HOMES INC is headquartered in Annapolis, MD.
Who funded BYWATER MUTUAL HOMES INC recently?
In 2023, BYWATER MUTUAL HOMES INC received grants from CHASE HOME INC. More information on this organization’s funders is available to registered users.
What is the largest grant BYWATER MUTUAL HOMES INC received in 2023?
The largest grant to BYWATER MUTUAL HOMES INC in 2023 exceeds $1,924.
What is BYWATER MUTUAL HOMES INC’s reliance on government grants?
BYWATER MUTUAL HOMES INC relied on government grants for more than 45% of their total revenue in 2024.