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Bon Secours Housing Inc

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

EIN: 521442707 ✦ Baltimore, MD ✦ Designated as a 501(c)(3)

Overview

What is Bon Secours Housing Inc?

Bon Secours Housing Inc, established in 1983, is a Maryland-based nonprofit organization dedicated to addressing the housing needs of the elderly. Financed primarily by the U.S. Department of Housing and Urban Development under Section 202 of the National Affordable Housing Act, the organization operates a housing facility with 84 units. Bon Secours Housing Inc's mission is to provide affordable and comfortable living accommodations for the elderly, regulated by HUD in terms of rental charges and operational methods. The entity's purpose is to contribute positively to the well-being and living conditions of the elderly community.


Is Bon Secours Housing Inc legitimate?

Bon Secours Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bon Secours Housing 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: $143,855

For more financial information, click here


What is the mission statement of Bon Secours Housing Inc?
What is the revenue of Bon Secours Housing Inc?
Who are the executives of Bon Secours Housing Inc and what are their salaries?
Where can I find the form 990 for Bon Secours Housing Inc?

Mission Statement of Bon Secours Housing Inc

Bon Secours Housing Inc, a nonprofit organization established in 1983, is dedicated to fulfilling its mission of providing affordable housing for the elderly. This mission is rooted in Section 202 of the National Affordable Housing Act, a U.S. government initiative aimed at addressing housing needs. Bon Secours Housing Inc adheres to the regulations set by the U.S. Department of Housing and Urban Development (HUD) regarding rent charges and operating methods to ensure the elderly residents can comfortably reside in its 84-unit facility. The organization's commitment to providing affordable housing for the elderly contributes to their overall well-being and quality of life, enabling them to maintain their independence in a supportive environment.

Impact

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




Saturday, July 20, 2024

Bon Secours Housing Inc's impact lies in providing essential affordable housing to elderly individuals in Baltimore, Maryland. With 84 units financed through the U.S. Department of Housing and Urban Development under Section 202 of the National Affordable Housing Act, this organization plays a vital role in addressing the housing needs of the elderly population. By offering regulated rent charges and operating methods, Bon Secours Housing Inc contributes to ensuring a safe and secure living environment for its residents. Their mission to provide low-income housing for the elderly aligns with the broader goal of promoting housing accessibility and stability within the community.





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: $468
  • Program Service Revenue: $1,374,445
  • Gross Receipts: $1,381,354

    • Assets and Liabilities:
  • Total Assets: $4,309,078
  • Total Liabilities: $4,061,324
  • Net Assets: $247,754
  • Programs

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

    Rental Income

    Revenue

    $1,374,445

    Organization Details

    Founding Year

    1983

    Main Address

    26 N FULTON AVENUE, BALTIMORE, MD, 21223

    NTEE Category

    Code: L200 - Housing

    If you are a representative of Bon Secours Housing 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.