Overview
What is Bccap - Sh Inc?
Bccap - SH, established in Burlington, New Jersey, is a dedicated nonprofit organization that specializes in providing affordable housing for low-income senior citizens. Operating within a 72-unit Hud-subsidized housing development, they uphold a mission to offer decent and secure living spaces at reasonable rental rates. Their primary focus is on supporting this vulnerable demographic, ensuring they can maintain a dignified living standard. Bccap - SH's commitment extends beyond just housing, aiming to positively impact the lives of low and moderate-income seniors in their community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Star Rating)
Bccap - Sh Inc has received a Three-Star rating from Charity Navigator, indicating a reasonably good level of accountability and financial health. With a score of 79%, the organization demonstrates strong governance practices, as evidenced by its perfect scores in board independence, financial oversight, and conflict of interest policies. The high program expense ratio of 92.38% suggests that a significant portion of its resources is directed towards its programs, which is a positive indicator for potential donors.
Despite these strengths, the organization faces a notable challenge with its liabilities to assets ratio, scoring 0 out of 15 points. This figure indicates that the organization has liabilities that exceed its assets, which could raise concerns about long-term financial stability. While Bccap - Sh Inc excels in various governance aspects, potential donors may want to consider this financial metric when evaluating the overall health of the charity.
Overall, Bccap - Sh Inc appears to be a well-managed organization with effective policies in place, but its financial liabilities present a potential risk. Donors are encouraged to weigh both the strengths and weaknesses highlighted in the evaluation before making contributions.
This AI summary has been generated from information found on Charity Navigator.
Is Bccap - Sh Inc legitimate?
Bccap - Sh Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bccap - Sh 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: $68,902
For more financial information, click here
What is the mission statement of Bccap - Sh Inc?
Bccap - Sh Inc, as an organization, is committed to providing decent and safe housing at affordable rental rates for low and moderate income seniors. They operate a 72-unit housing development that is subsidized by the HUD. The primary mission of Bccap - Sh Inc is to offer housing solutions for this specific demographic, ensuring they have a secure living environment. The organization is not limited to a particular location.
Who is the CEO of Bccap - Sh Inc?
Ms Kathryn Townes is the President of Bccap - Sh Inc.
What is the revenue of Bccap - Sh Inc?
Bccap - Sh Inc's revenue in 2023 was $554,536.
Who are the executives of Bccap - Sh Inc and what are their salaries?
The average compensation at Bccap - Sh Inc during 2023 was $34,451. There are 2 employees at Bccap - Sh Inc.
Here are 6 key members and their salaries:
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $184,852
- Other: $0
Where can I find the form 990 for Bccap - Sh Inc?
Bccap - Sh Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Bccap - Sh Inc
Bccap - Sh Inc, a nonprofit organization, is dedicated to providing a crucial service in its mission. It aims to offer decent and safe housing at affordable rental rates for low and moderate income seniors. Located in Burlington, New Jersey, this nonprofit operates a 72-unit housing development that is subsidized by HUD. The primary objective of Bccap - Sh Inc is to ensure that seniors in need have access to secure and comfortable living spaces, thereby contributing to their overall well-being.
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Impact
July, 2024
Bccap - Sh Inc's impact is significant in providing decent and safe housing at low rental rates to low and moderate income seniors in Burlington, NJ. By offering housing in a 72 unit HUD subsidized development, Bccap - Sh Inc plays a crucial role in meeting the needs of low income seniors in the community. This organization helps to ensure that vulnerable individuals have a stable and secure place to live, ultimately improving their quality of life and well-being.
This information is meant to be a general summary of Bccap - Sh 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: $38
- Program Service Revenue: $554,410
- Gross Receipts: $554,536
Assets and Liabilities:
- Total Assets: $2,848,534
- Total Liabilities: $5,517,386
- Net Assets: -$2,668,852
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT ASSISTANCE PAYM
Revenue
$340,331
RENTAL INCOME
Revenue
$211,779
LAUNDRY AND VENDING
Revenue
$2,300
Organization Details
Founding Year
1985
Phone
(609) 386-5800Principal Officer
Ms Kathryn Townes
Main Address
718 ROUTE 130 SOUTH, BURLINGTON, NJ, 08016
NTEE Category
Code: L99 - Housing
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