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Bearman-Golden Gardens Inc

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

EIN: 311717156 ✦ Memphis, TN ✦ Designated as a 501(c)(3)

Overview

What is Bearman-Golden Gardens Inc?

Bearman-Golden Gardens Inc is a nonprofit organization situated in Memphis, Tennessee, specifically at 4590 Goodwill Road. Their primary mission is to provide affordable housing for the elderly, making it easier for this demographic to maintain a decent living standard. With a small team of four dedicated individuals, they manage a federally assisted low-income housing property, ensuring that the elderly in their community have access to suitable housing options.


Is Bearman-Golden Gardens Inc legitimate?

Bearman-Golden Gardens Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bearman-Golden Gardens 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: $118,293

For more financial information, click here


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

Mission Statement of Bearman-Golden Gardens Inc

Bearman-Golden Gardens Inc is a nonprofit organization committed to providing low-income housing for the elderly. Their mission, in essence, is to create a living environment that is affordable for senior citizens, ensuring they can live with dignity and independence. The organization operates and maintains a federal-assisted low-income housing property specifically designed for the elderly, providing them with a secure and supportive living space. By offering affordable housing, Bearman-Golden Gardens Inc is contributing to the well-being of the elderly community, allowing them to focus on their daily lives without the added stress of high housing costs.

Impact

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




Wednesday, July 24, 2024

Bearman-Golden Gardens Inc's impact is significant in providing low-income affordable housing to the elderly in Memphis, TN. By operating and maintaining a federal assisted low-income housing property, the organization helps meet the housing needs of a vulnerable population. This contributes to the overall well-being and quality of life of elderly individuals who might otherwise struggle to find suitable housing options. Through its mission, Bearman-Golden Gardens Inc addresses a critical need in the community, supporting those in need of stable and affordable housing.





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: $933
  • Program Service Revenue: $489,233
  • Gross Receipts: $490,166

    • Assets and Liabilities:
  • Total Assets: $1,896,352
  • Total Liabilities: $3,162,905
  • Net Assets: -$1,266,553
  • Programs

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

    TENANT ASSISTANCE PAYMENTS

    Revenue

    $299,921

    TENANT RENTS

    Revenue

    $186,119

    LAUNDRY, VENDING, MISC.

    Revenue

    $3,193

    Organization Details

    Founding Year

    2000

    Principal Officer

    Marsha J Burt

    Main Address

    4590 GOODWILL ROAD, MEMPHIS, TN, 381141282

    NTEE Category

    Code: L21 - Housing

    If you are a representative of Bearman-Golden Gardens 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.