Overview
What is Living East Bay Inc?
Living East Bay Inc, located in Bristol, Rhode Island, is a nonprofit organization primarily dedicated to providing affordable rental housing for individuals with low and moderate incomes. With 35 units available, this organization aims to cater to this specific demographic, contributing to the housing needs of the community. The mission of Living East Bay Inc extends beyond just providing housing, ensuring that the apartments it rents out are accessible and affordable for those in need.
Is Living East Bay Inc legitimate?
Living East Bay Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Living East Bay 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.
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What is the mission statement of Living East Bay Inc?
Living East Bay Inc is committed to providing affordable rental housing options for individuals with moderate and low income levels. Their mission is realized through the development and management of 35 rental units, offering a home for individuals within this income bracket. By focusing on affordable housing, Living East Bay Inc aims to contribute positively to the community, ensuring that individuals with limited financial resources have access to decent living spaces. The organization's activities primarily revolve around the rental of apartments to these individuals, providing them with a roof over their heads and contributing to their overall well-being.
Who is the CEO of Living East Bay Inc?
Diane Mederos is the Director of Living East Bay Inc.
What is the revenue of Living East Bay Inc?
Living East Bay Inc's revenue in 2023 was $2,111,679.
Who are the executives of Living East Bay Inc and what are their salaries?
There 10 volunteers at Living East Bay Inc.
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Where can I find the form 990 for Living East Bay Inc?
Living East Bay Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Living East Bay Inc
Living East Bay Inc, a nonprofit organization, is dedicated to providing affordable rental housing for individuals with low and moderate income levels. Its mission is to make a significant impact by offering 35 rental units, ensuring that this housing remains accessible to those who need it most. By doing so, Living East Bay Inc contributes to the well-being of its community by providing a stable living environment for its residents.
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Impact
October, 2024
Living East Bay Inc has a significant impact on the community by providing affordable rental housing for low and moderate-income individuals and families in Bristol, RI. By offering 35 rental units, the organization addresses a critical need for accessible and affordable living arrangements, helping to ensure stability and security for those who might otherwise struggle to find suitable housing. This contribution fosters a sense of community, promotes economic diversity, and enhances the overall quality of life for residents by giving them the opportunity to reside in a supportive environment. Through its efforts, Living East Bay Inc plays a vital role in mitigating housing insecurity and improving living conditions for vulnerable populations.
This information is meant to be a general summary of Living East Bay 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: $461,563
- Program Service Revenue: $1,649,742
- Gross Receipts: $4,681,109
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DEBT FORGIVEN
Revenue
$1,632,151
RENTAL INCOME
Revenue
$17,591
Organization Details
Founding Year
2003
Phone
(401) 253-2080Principal Officer
Diane Mederos
Main Address
150 FRANKLIN STREET, BRISTOL, RI, 02809
NTEE Category
Code: L21 - Housing
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