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Broadwal Inc

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

EIN: 043325492 ✦ Medford, MA ✦ Designated as a 501(c)(3)

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Overview

What is Broadwal Inc?

Broadwal Inc is a nonprofit organization situated in Medford, Massachusetts, specifically at 291 Mystic Avenue. Established with a mission, the organization aims to cater to the housing needs of elderly, disabled, and handicapped individuals who fall under the low-income bracket. The organization serves approximately 11 individuals, providing them with suitable housing facilities. The primary objective of Broadwal Inc is to ensure the well-being and comfort of this specific demographic, thereby contributing positively to their lives.

Is Broadwal Inc legitimate?

Broadwal Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Broadwal 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:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $39,706

For more financial information, click here

What is the mission statement of Broadwal Inc?

Broadwal Inc was established with a mission to cater to the housing needs of elderly, disabled, and handicapped individuals who fall under the low-income bracket. The organization's primary objective is to provide them with suitable living facilities. At present, Broadwal Inc serves around 11 such individuals, demonstrating its commitment to this cause. The organization's activities are geared towards ensuring these individuals have access to comfortable and secure living spaces, contributing positively to their overall well-being.

Who is the CEO of Broadwal Inc?

John Wheeler is the President of Broadwal Inc.

What is the revenue of Broadwal Inc?

Broadwal Inc's revenue in 2023 was $191,658.

Who are the executives of Broadwal Inc and what are their salaries?


Here are 5 key members and their salaries:


John Wheeler (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Gatlin (Former Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Blumsack (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Juan Gomez (Chief Financial Officer)
  • Compensation: $0
  • Related: $193,407
  • Other: $10,226
Carolyne Guffey (Executive Director)
  • Compensation: $0
  • Related: $219,956
  • Other: $18,748
Where can I find the form 990 for Broadwal Inc?

Broadwal Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Broadwal Inc

Broadwal Inc, a nonprofit organization, was established with a mission to provide housing facilities for elderly, disabled, and handicapped individuals of low-income. The organization's primary goal is to cater to this specific demographic, offering them a secure living environment. Currently, Broadwal Inc serves approximately 11 individuals, providing them with necessary housing facilities. The organization's mission is deeply rooted in the belief that everyone deserves a safe and comfortable living space, regardless of their age or physical abilities, and their low income should not be a barrier. Broadwal Inc is committed to making a positive impact in the lives of its residents, ensuring they have access to essential housing facilities.

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Impact




October, 2024

Broadwal Inc has made a significant impact by providing essential housing facilities for low-income elderly, disabled, and handicapped individuals. By serving approximately 11 individuals in Medford, MA, the organization addresses a critical need in the community, ensuring that some of the most vulnerable members of society have access to safe and stable living environments. This support not only enhances their quality of life but also promotes independence and dignity among those it serves. Through its focused mission, Broadwal Inc plays a vital role in fostering a more inclusive and accessible community for all.




This information is meant to be a general summary of Broadwal 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.

Revenue
$191,658 (2023)
Expenses
$221,528 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $247
  • Program Service Revenue: $162,888
  • Gross Receipts: $191,658

Assets and Liabilities:

  • Total Assets: $519,850
  • Total Liabilities: $419,557
  • Net Assets: $100,293

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Programs

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

RENT SUBSIDIES

Revenue

$162,888

Organization Details

Founding Year

1995

Principal Officer

John Wheeler

Main Address

291 MYSTIC AVENUE, MEDFORD, MA, 02155

NTEE Category

Code: L20 - Housing

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