Overview
What is Epsom Elderly Housing Inc C/O Capbmc Inc?
Epsom Elderly Housing Inc C/O Capbmc Inc is a nonprofit organization situated in Concord, New Hampshire. Their primary mission is to provide affordable housing for the elderly and individuals with disabilities in the Epsom area. They strive to offer a range of housing choices for those with similar income levels within the same housing market. Their activities focus on providing low-income housing for this specific demographic, and they also engage in marketing their properties to maintain a favorable housing market environment. The organization operates under the umbrella of Capbmc Inc.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79%, Three-Star out of Four Star rating.
Epsom Elderly Housing Inc C/O Capbmc Inc has received a Three-Star rating from Charity Navigator, reflecting a score of 79%. This score is based solely on their Accountability & Finance metrics, showcasing a strong commitment to transparency and responsible financial management. The organization boasts 100% independent board members, indicating effective governance, and has no recorded material diversion of assets.
Strengths highlighted include a high program expense ratio of 85.03%, which demonstrates that a significant portion of their budget is dedicated to direct program services. The organization also has a well-defined conflict of interest policy, whistleblower policy, and maintains comprehensive document retention practices. However, a concern arises from the liabilities to assets ratio of 171.36%, suggesting potential financial pressure that could impact long-term sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Epsom Elderly Housing Inc C/O Capbmc Inc legitimate?
Epsom Elderly Housing Inc C/O Capbmc Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Epsom Elderly Housing Inc C/O Capbmc 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.
Heare are some key statistics you may want to consider:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Epsom Elderly Housing Inc C/O Capbmc Inc?
Epsom Elderly Housing Inc, under the management of Capbmc Inc, is committed to providing affordable housing options for the elderly and individuals with disabilities. Their mission is not only limited to offering housing but also aims to foster a housing market environment where individuals of similar income levels have a broad range of housing choices available to them. This organization strives to make a difference in the lives of its residents by promoting equity in housing options.
Who is the CEO of Epsom Elderly Housing Inc C/O Capbmc Inc?
Elizabeth Bosiak is the President of Epsom Elderly Housing Inc C/O Capbmc Inc.
What is the revenue of Epsom Elderly Housing Inc C/O Capbmc Inc?
Epsom Elderly Housing Inc C/O Capbmc Inc's revenue in 2023 was $498,429.
Who are the executives of Epsom Elderly Housing Inc C/O Capbmc Inc and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990 for Epsom Elderly Housing Inc C/O Capbmc Inc?
Epsom Elderly Housing Inc C/O Capbmc Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Epsom Elderly Housing Inc C/O Capbmc Inc
Epsom Elderly Housing Inc C/O Capbmc Inc is committed to providing affordable housing for the elderly and individuals with disabilities. Their mission extends beyond simply offering housing; it also involves promoting a housing market where individuals with similar income levels have a variety of housing options available to them. By doing so, the organization aims to ensure that everyone in the same housing market area has a comparable range of choices, thereby enhancing their quality of life. In essence, Epsom Elderly Housing Inc C/O Capbmc Inc seeks to create an inclusive and equitable housing environment for the elderly and disabled population.
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Impact
July, 2024
Epsom Elderly Housing Inc C/O Capbmc Inc's impact lies in providing low-income housing for the elderly and/or handicapped individuals in the Epsom, NH area. By offering affordable housing options, the organization contributes to improving the quality of life for seniors and disabled individuals who may face financial constraints. Through their mission, they work towards ensuring that individuals with similar income levels in the housing market area have access to a variety of housing choices. This commitment to providing housing solutions for vulnerable populations helps create a more inclusive and supportive community in Concord, NH.
This information is meant to be a general summary of Epsom Elderly Housing Inc C/O Capbmc Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $605
- Program Service Revenue: $263,725
- Gross Receipts: $498,429
Assets and Liabilities:
- Total Assets: $2,072,277
- Total Liabilities: $3,551,055
- Net Assets: -$1,478,778
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENTS
Revenue
$238,777
TENANT FEES
Revenue
$24,948
Organization Details
Founding Year
1999
Phone
(603) 225-3295Principal Officer
Elizabeth Bosiak
Main Address
PO BOX 1016, CONCORD, NH, 033021016
NTEE Category
Code: L22 - Housing
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