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Bridgewater Village Inc

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

EIN: 237189250 ✦ Bridgewater, VA ✦ Designated as a 501(c)(3)

Overview

What is Bridgewater Village Inc?

Bridgewater Village Inc is a nonprofit organization that specializes in retirement housing. Situated within its premises, there are approximately 245 independent living units. This organization's mission encompasses not only providing comfortable living spaces but also ensuring the maintenance of these properties. Furthermore, Bridgewater Village Inc takes an active role in coordinating engaging activities for its residents, fostering an enriching community living experience.


Is Bridgewater Village Inc legitimate?

Bridgewater Village Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bridgewater Village 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: $1,363,556

For more financial information, click here


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

Mission Statement of Bridgewater Village Inc

Bridgewater Village Inc, a notable entity in the nonprofit sector, is dedicated to providing retirement housing for its residents. The organization manages and maintains approximately 245 independent living units, ensuring a comfortable living environment for its elderly residents. Furthermore, Bridgewater Village Inc goes beyond just providing housing, it also coordinates various activities for the residents. This proactive approach not only keeps the seniors engaged but also fosters a sense of community within the retirement village. The mission of Bridgewater Village Inc, therefore, is to offer a conducive retirement living experience, coupled with property maintenance and the coordination of engaging activities, thereby enhancing the quality of life for its senior residents.

Impact

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




Thursday, August 15, 2024

Bridgewater Village Inc's impact lies in providing retirement housing, property maintenance, and coordinating activities for the residents of approximately 245 independent living units in Bridgewater, VA. Their services directly contribute to the well-being and quality of life for the elderly individuals living in their community, ensuring they have a comfortable and engaging environment to call home. Through their mission of supporting independent living and fostering a sense of community, Bridgewater Village Inc plays a vital role in enhancing the lives of the seniors they serve.





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 2022.

  • Investment Income: $1,493,098
  • Program Service Revenue: $9,081,815
  • Gross Receipts: $10,751,231

    • Assets and Liabilities:
  • Total Assets: $57,385,142
  • Total Liabilities: $55,334,425
  • Net Assets: $2,050,717
  • Programs

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

    Life lease income

    Revenue

    $3,323,897

    Miscellaneous Income

    Revenue

    $314,185

    Rental income

    Revenue

    $204,783

    Service fees

    Revenue

    $5,238,950

    Organization Details

    Founding Year

    1970

    Principal Officer

    James Weaver

    Main Address

    302 North Second Street, Bridgewater, VA, 22812

    NTEE Category

    Code: L22Z - Housing

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