Boucher Apartments Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 050453083 ✦ Woonsocket, RI ✦ Designated as a 501(c)(3)

Overview

What is Boucher Apartments Inc?

Boucher Apartments Inc, located in Woonsocket, Rhode Island, is a nonprofit organization dedicated to providing housing for individuals with low and moderate income, specifically those who are mentally ill and elderly. Operating under Sections 202 and 8 of the National Housing Act, this organization offers 74 units spread across multiple buildings, ensuring affordable and accessible living spaces for its residents. The mission of Boucher Apartments Inc is to make a positive impact on the community by offering suitable housing solutions for those in need.


Is Boucher Apartments Inc legitimate?

Boucher Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Boucher Apartments Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Boucher Apartments Inc?
Who is the CEO of Boucher Apartments Inc?
What is the revenue of Boucher Apartments Inc?
Who are the executives of Boucher Apartments Inc and what are their salaries?
Where can I find the form 990 for Boucher Apartments Inc?

Mission Statement of Boucher Apartments Inc

Boucher Apartments Inc is committed to providing housing solutions for individuals with low and moderate incomes, specifically focusing on the elderly and disabled population. In line with this, the organization operates under Sections 8 and 202 of the National Housing Act. This act enables Boucher Apartments Inc to provide a 74-unit apartment complex, spread across multiple buildings, designed to cater to mentally ill individuals who fall under this income bracket. The mission of Boucher Apartments Inc is to create a living environment that is both safe and supportive, providing these individuals with the necessary resources to lead fulfilling lives.

Impact

This information is meant to be a general summary of Boucher Apartments Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Saturday, July 20, 2024

Boucher Apartments Inc provides essential low-income housing for disabled and elderly individuals under Sections 202 and 8 of the National Housing Act. With a mission to offer housing solutions for low and moderate-income individuals, particularly those who are mentally ill, this organization plays a crucial role in addressing the housing needs of vulnerable populations. By operating a 74-unit apartment complex in Woonsocket, Rhode Island, Boucher Apartments Inc significantly impacts the lives of those in need by providing them with safe and affordable housing options.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $504
  • Program Service Revenue: $1,153,861
  • Gross Receipts: $1,161,362

    • Assets and Liabilities:
  • Total Assets: $1,660,778
  • Total Liabilities: $3,679,943
  • Net Assets: -$2,019,165
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    TENANT RENTS

    Revenue

    $1,115,616

    RESIDENT SERVICE GRANT

    Revenue

    $38,245

    Organization Details

    Founding Year

    1990

    Principal Officer

    Benedict Lessing

    Main Address

    PO BOX 1700, WOONSOCKET, RI, 02895

    NTEE Category

    Code: L21 - Housing

    If you are a representative of Boucher Apartments Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.