Overview
What is Baptist Retirement Village Ii Inc?
Baptist Retirement Village II Inc is a nonprofit organization committed to providing affordable housing solutions for the elderly. Situated under Section 202 of the National Housing Act, they offer 55 one-bedroom units. Regulated by HUD, their residences come with added convenience features like laundry facilities. The primary goal of Baptist Retirement Village II Inc is to ensure that the elderly have access to comfortable and budget-friendly living spaces.
Is Baptist Retirement Village Ii Inc legitimate?
Baptist Retirement Village Ii Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Baptist Retirement Village Ii 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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What is the mission statement of Baptist Retirement Village Ii Inc?
Baptist Retirement Village II, as an organization, is dedicated to providing low-income housing options for the elderly. Under the regulations of the U.S. Department of Housing and Urban Development (HUD), they offer 55 one-bedroom units, catering specifically to this age group, under Section 202 of the National Housing Act. To enhance the living experience, they also provide laundry facilities as a convenience to their tenants.
Who is the CEO of Baptist Retirement Village Ii Inc?
Mark Thrift is the Director of Baptist Retirement Village Ii Inc.
What is the revenue of Baptist Retirement Village Ii Inc?
Baptist Retirement Village Ii Inc's revenue in 2023 was $414,898.
Who are the executives of Baptist Retirement Village Ii 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 Baptist Retirement Village Ii Inc?
Baptist Retirement Village Ii Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Baptist Retirement Village Ii Inc
Baptist Retirement Village II is committed to providing low-income housing for the elderly. This nonprofit organization offers 55 one-bedroom units, regulated by the HUD under Section 202 of the National Housing Act. To enhance the living experience of its residents, Baptist Retirement Village II also provides laundry facilities as a convenient amenity.
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Impact
October, 2024
Baptist Retirement Village II Inc plays a crucial role in enhancing the quality of life for elderly individuals in Gadsden, Alabama, by providing low-income housing specifically designed for seniors. With 55 one-bedroom units available, the organization ensures that older adults have access to safe and affordable living spaces, which is essential for their well-being and independence.
This initiative helps alleviate the financial burden on low-income seniors, allowing them to live comfortably in a community that caters to their unique needs. The facility is regulated under Section 202 of the National Housing Act, which further emphasizes its commitment to maintaining high standards of quality and affordability for its residents.
In addition to housing, Baptist Retirement Village II offers laundry facilities, providing added convenience and support for its tenants. By fostering a stable living environment, the organization contributes to the overall health, safety, and happiness of its residents, enabling them to age with dignity in a supportive community.
This information is meant to be a general summary of Baptist Retirement Village Ii 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: $825
- Program Service Revenue: $414,073
- Gross Receipts: $414,898
Assets and Liabilities:
- Total Assets: $2,931,160
- Total Liabilities: $4,678,078
- Net Assets: -$1,746,918
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$176,717
LAUNDRY AND VENDING
Revenue
$3,138
MISC REVENUE
Revenue
$1,536
TENANT CHARGES
Revenue
$1,005
Organization Details
Founding Year
2009
Phone
(205) 933-1020Principal Officer
Mark Thrift
Main Address
1326 COATS STREET, GADSDEN, AL, 35903
NTEE Category
Code: L21 - Housing
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