The Bowen Foundation Inc

The Bowen Foundation Inc

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

EIN: 237126772 ✦ Pleasanton, TX ✦ Designated as a 501(c)(3)

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Overview

What is The Bowen Foundation Inc?

The Bowen Foundation Inc, situated in Pleasanton, Texas, is a dedicated nonprofit organization. Their primary mission is to assist low-income families in securing affordable housing. The foundation solely operates a property that is utilized exclusively for this purpose, aiming to enhance the living conditions of its inhabitants, primarily elderly, disabled, and economically challenged individuals or families. With a team of seven employees, The Bowen Foundation Inc. is committed to improving the quality of life for those in need.

Is The Bowen Foundation Inc legitimate?

The Bowen Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Bowen Foundation 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: $89,548

For more financial information, click here

What is the mission statement of The Bowen Foundation Inc?

The Bowen Foundation Inc is dedicated to a singular mission, focused on providing safe, affordable housing for economically challenged elderly, disabled, and handicapped individuals or families. Through its program services, the foundation assists in making housing more accessible for low-income families, aiming to enhance the quality of life for its inhabitants. The Bowen Foundation solely uses its property for the purpose of providing affordable housing.

Who is the CEO of The Bowen Foundation Inc?

Dennis Davis is the President of The Bowen Foundation Inc.

What is the revenue of The Bowen Foundation Inc?

The Bowen Foundation Inc's revenue in 2022 was $344,813.

Who are the executives of The Bowen Foundation Inc and what are their salaries?

The average compensation at The Bowen Foundation Inc during 2022 was $12,793. There are 7 employees at The Bowen Foundation Inc.


Here are 7 key members and their salaries:


Amy Mcdonald (Admin Assistant)
  • Compensation: $16,815
  • Related: $0
  • Other: $0
Mary Ann Ritcher (Site Manager)
  • Compensation: $24,913
  • Related: $0
  • Other: $0
Christian Lopez (Bookkeeper)
  • Compensation: $10,048
  • Related: $0
  • Other: $0
Adam Delgado (Maintenance Assistant)
  • Compensation: $9,989
  • Related: $0
  • Other: $0
George Gonzales (Mnt Supervisor)
  • Compensation: $17,242
  • Related: $0
  • Other: $0
Dennis Davis (President)
  • Compensation: $5,541
  • Related: $0
  • Other: $0
Martha Martin (Admin Assistant)
  • Compensation: $5,001
  • Related: $0
  • Other: $0
Where can I find the form 990 for The Bowen Foundation Inc?

The Bowen Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of The Bowen Foundation Inc

The Bowen Foundation Inc is dedicated to a singular focused mission: providing safe, clean, and affordable housing for economically challenged elderly, disabled, and handicapped individuals or families. This nonprofit organization strives to help low-income families secure housing, with the purpose of improving their quality of life. The property managed by The Bowen Foundation Inc is solely used to offer low-income housing, serving as a refuge for those in need.

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Impact




October, 2024

The Bowen Foundation Inc significantly enhances the quality of life for economically challenged elderly and disabled individuals by providing safe, clean, and affordable housing. By focusing exclusively on this mission, the foundation plays a vital role in supporting low-income families and individuals, ensuring they have access to stable living conditions. This commitment not only addresses immediate housing needs but also fosters a sense of community and security among residents in Pleasanton, TX. The foundation's efforts are instrumental in improving the overall well-being of its occupants, making a lasting impact in their lives.




This information is meant to be a general summary of The Bowen Foundation 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
$344,813 (2022)
Expenses
$246,708 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $5,383
  • Program Service Revenue: $64,590
  • Gross Receipts: $344,813

Assets and Liabilities:

  • Total Assets: $704,865
  • Total Liabilities: $145,205
  • Net Assets: $559,660

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Programs

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

TENANT LAUNDRY SERVICE

Revenue

$2,436

RENT RECEIVED FROM TENANTS

Revenue

$62,154

Organization Details

Founding Year

1973

Principal Officer

Dennis Davis

Main Address

715 TRADE ST, PLEASANTON, TX, 78064

NTEE Category

Code: L22 - Housing

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