Public Charity

BYWATER MUTUAL HOMES INC

Based in ANNAPOLIS, MD, BYWATER MUTUAL HOMES INC operates as a Public Charity. The organization reported $4.1M in revenue, $3.9M in expenses, $12.3M in total assets for fiscal year 2024.

EIN: 130816700 ANNAPOLIS, MD Latest filing: 2024
Total Revenue$4.1M
Total Expenses$3.9M
Total Assets$12.3M
Grant Records0
Filing Years2019–2024

Mission

TO PROVIDE AFFORDABLE COOPERATIVE HOUSING IN ACCORDANCE WITH SECTION 236 OF THE NATIONAL HOUSING ACT.

Where $100 goes at Bywater Mutual Homes Inc

How Bywater Mutual Homes Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$91 Programs the work itself
$9 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $91 for programs

$91
Bywater Mutual Homes, inc
All program spending · Reported in the filing: 76 units; 232 units
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

SECRETARY Betty Wright
VICE PRESIDENT Connie Taylor
PRESIDENT Deneice Fisher
TREASURER Ratasha Harley

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $4.1M $3.9M $12.3M
2023 $3.6M $3.3M $12.3M
2022 $3.5M $3.4M $12.0M
2020 $3.5M $3.1M $12.0M
2019 $3.6M $3.3M $11.4M

Between 2019 and 2024, reported annual revenue grew from $3.6M to $4.1M (+15%), with total assets most recently reported at $12.3M.

Interactive year-over-year charts and full filing details available with membership.

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