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Burlington Homes Inc

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

EIN: 462518059 ✦ Burlington, NC ✦ Designated as a 501(c)(3)

Overview

What is Burlington Homes Inc?

Burlington Homes Inc, based in Burlington, North Carolina, is a nonprofit organization with a mission to provide suitable housing for low-income and disabled elderly individuals. They operate a 100-unit apartment complex specifically designed for this demographic, offering them a secure and comfortable living environment. The organization's primary activity revolves around this housing project, ensuring that the most vulnerable members of society have access to safe and affordable accommodation.


Is Burlington Homes Inc legitimate?

Burlington Homes Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Burlington Homes 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 Burlington Homes Inc?
Who is the CEO of Burlington Homes Inc?
What is the revenue of Burlington Homes Inc?
Who are the executives of Burlington Homes Inc and what are their salaries?
Where can I find the form 990 for Burlington Homes Inc?

Mission Statement of Burlington Homes Inc

Burlington Homes Inc, a nonprofit organization, is dedicated to providing housing for individuals who fall within the low and very low income categories, specifically focusing on the elderly and disabled population. Their mission is to create a living space for this specific demographic in a 100-unit apartment complex. By offering suitable housing, Burlington Homes Inc aims to contribute positively to the well-being and independence of these individuals, enabling them to maintain a comfortable living environment.

Impact

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




Saturday, July 20, 2024

Burlington Homes Inc's impact can be seen in its provision of housing for low and very low-income elderly and disabled individuals in a 100-unit apartment complex located in Burlington, NC. By offering affordable housing options to vulnerable populations in need, the organization plays a crucial role in addressing housing insecurity and improving the quality of life for these individuals. Furthermore, Burlington Homes Inc's mission aligns with the goal of promoting inclusivity and support for those facing economic challenges, thereby contributing positively to the community's social fabric and well-being.





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: $751
  • Program Service Revenue: $431,169
  • Gross Receipts: $904,169

    • Assets and Liabilities:
  • Total Assets: $5,958,599
  • Total Liabilities: $5,415,102
  • Net Assets: $543,497
  • Programs

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

    TENANT RENTAL PAYMENTS

    Revenue

    $399,089

    TENANT CHARGES

    Revenue

    $26,260

    LAUNDRY & VENDING

    Revenue

    $5,820

    Organization Details

    Founding Year

    2013

    Principal Officer

    Veronica Revels

    Main Address

    PO BOX 2380, BURLINGTON, NC, 272162380

    NTEE Category

    Code: L21 - Housing

    If you are a representative of Burlington Homes 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.