Overview
What is Bb Homes Inc C/O Heritage Housing Partners Corp?
Bb Homes Inc C/O Heritage Housing Partners Corp is a nonprofit organization situated in Columbia, Maryland. They specialize in providing and managing affordable housing units, specifically catering to individuals with mental health challenges and developmental disabilities, falling under the category of very low-income adults. Their mission lies in the development and management of such housing facilities, ensuring they play a crucial role in offering appropriate living spaces for this vulnerable group.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79%, Three-Star out of Four Star Rating.
Bb Homes Inc C/O Heritage Housing Partners Corp has received a Three-Star rating, indicating a solid overall performance primarily assessed through its accountability and finance metrics. The charity scored particularly well in governance, with a fully independent board and no material diversion of assets, reflecting strong organizational integrity and adherence to best practices.
The organization demonstrates a robust commitment to transparency, having listed essential policies such as conflict of interest, whistleblower, and document retention policies. Additionally, the program expense ratio is commendable at 83.50%, suggesting that a significant portion of funds is directed towards its programs, which is a positive indicator for potential donors.
While the rating reflects strong governance and financial practices, the overall score is based solely on accountability and finance metrics. Prospective supporters might benefit from additional information on program impact and effectiveness to assess the charity's overall mission fulfillment.
This AI summary has been generated from information found on Charity Navigator.
Is Bb Homes Inc C/O Heritage Housing Partners Corp legitimate?
Bb Homes Inc C/O Heritage Housing Partners Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bb Homes Inc C/O Heritage Housing Partners Corp 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: $4,494
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What is the mission statement of Bb Homes Inc C/O Heritage Housing Partners Corp?
The organization, Bb Homes Inc C/O Heritage Housing Partners Corp, is committed to the development and management of affordable housing for adults who are disabled due to psychiatric or developmental disabilities. Their primary mission is to provide a living space for these individuals who are categorized as having very low income. The organization operates six assisted housing units specifically designed to cater to mentally challenged and developmentally disabled persons. By doing so, they aim to contribute positively to their wellbeing and overall quality of life.
What is the revenue of Bb Homes Inc C/O Heritage Housing Partners Corp?
Bb Homes Inc C/O Heritage Housing Partners Corp's revenue in 2023 was $58,434.
Who are the executives of Bb Homes Inc C/O Heritage Housing Partners Corp and what are their salaries?
There 10 volunteers at Bb Homes Inc C/O Heritage Housing Partners Corp.
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Where can I find the form 990 for Bb Homes Inc C/O Heritage Housing Partners Corp?
Bb Homes Inc C/O Heritage Housing Partners Corp's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Bb Homes Inc C/O Heritage Housing Partners Corp
Bb Homes Inc C/O Heritage Housing Partners Corp is dedicated to the development and management of affordable housing units specifically designed for adults who are financially disadvantaged and have disabilities, primarily psychiatric or developmental in nature. This nonprofit organization's mission is to provide a secure living environment for these individuals, ensuring they have access to the housing they need to lead fulfilling lives. By owning and operating six assisted housing units, Bb Homes Inc C/O Heritage Housing Partners Corp is committed to making a meaningful impact in the lives of these individuals, offering them the support and care they require to thrive.
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Impact
August, 2024
Bb Homes Inc C/O Heritage Housing Partners Corp's impact lies in the development and management of affordable housing for very low-income adults disabled by psychiatric or developmental disabilities. The organization's ownership and operation of 6 assisted housing units cater specifically to mentally challenged and developmentally disabled individuals in Columbia, MD. By providing essential housing options tailored to this vulnerable population, Bb Homes Inc C/O Heritage Housing Partners Corp plays a crucial role in ensuring that these individuals have a stable and supportive living environment. Their mission to address the housing needs of very low-income adults with disabilities underscores their commitment to promoting inclusivity and accessibility in housing opportunities.
This information is meant to be a general summary of Bb Homes Inc C/O Heritage Housing Partners Corp. 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: $186
- Program Service Revenue: $58,248
- Gross Receipts: $58,434
Assets and Liabilities:
- Total Assets: $960,817
- Total Liabilities: $1,189,905
- Net Assets: -$229,088
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$29,420
RENTAL ASSISTANCE PAYM
Revenue
$28,828
Organization Details
Founding Year
2009
Principal Officer
Derward Brooks
NTEE Category
Code: L21 - Housing
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