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Building Communities Inc

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

EIN: 815283538 ✦ Metuchen, NJ ✦ Designated as a 501(c)(3)

Overview

What is Building Communities Inc?

Building Communities Inc is a nonprofit organization situated in Metuchen, New Jersey, with its headquarters at 5 Lee Court. Their primary mission is to revitalize and utilize underutilized properties for the betterment of underprivileged individuals and communities. One of their significant achievements is the transformation of vacant convents into affordable senior housing, ensuring a safe and enriching living environment for the elderly. Through this adaptive reuse project, they provide compassionate care, top-notch services, and engaging programs that positively impact seniors' lives. With a workforce of 15 dedicated individuals, Building Communities Inc continues to advocate for social good and contribute to the well-being of their community.


Is Building Communities Inc legitimate?

Building Communities Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Building Communities 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: $301,390

For more financial information, click here


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

Mission Statement of Building Communities Inc

Building Communities Inc, in its mission, aims to contribute positively to underserved communities by repurposing and managing vacant or underutilized properties. Their primary objective is to utilize these properties to provide essential resources and living spaces for individuals in need. One of their significant initiatives involves the adaptive reuse of vacant convents into affordable senior housing, such as the Senior Residence at St. Peter the Apostle. This supportive senior community offers compassionate care, ensures a safe environment, and delivers quality services and enrichment programs to enhance the lives of its senior residents. By undertaking such projects, Building Communities Inc seeks to make a tangible impact on the lives of those who require assistance, promoting social good and community development.

Impact

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




Wednesday, July 24, 2024

Building Communities Inc's impact lies in its transformative approach to developing and managing vacant and underutilized properties for social good. One of its most significant activities involves adaptive reuse of vacant convents to create affordable senior housing. An excellent example of this is The Senior Residence at St. Peter the Apostle in Metuchen, NJ. This supportive senior community is dedicated to providing compassionate care, a safe environment, quality services, and enrichment programs to enhance the lives of seniors. Through their mission to develop and manage properties for the betterment of underserved individuals and communities, Building Communities Inc is making a tangible difference in the realm of 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 2022.

  • Investment Income: $31
  • Program Service Revenue: $609,326
  • Gross Receipts: $698,024

    • Assets and Liabilities:
  • Total Assets: $426,834
  • Total Liabilities: $656,376
  • Net Assets: -$229,542
  • Programs

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

    Rental Income

    Revenue

    $609,326

    Organization Details

    Founding Year

    2017

    Principal Officer

    Brian M Keenan

    Main Address

    5 Lee Court, Metuchen, NJ, 08840

    NTEE Category

    Code: L20 - Housing

    If you are a representative of Building Communities 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.