Overview
What is William F (Bill) Brown Manor Inc?
William F (Bill) Brown Manor Inc is a nonprofit organization situated in Germantown, Tennessee. With a relatively small team of three individuals, their primary mission is to provide affordable housing options for the elderly, ensuring they maintain a decent standard of living. This mission is accomplished through mortgages financed by the HUD and supplemental rent payments. The organization's main activity lies in the management and development of rental properties, specifically designed to cater to the needs of the low-income elderly population.
Is William F (Bill) Brown Manor Inc legitimate?
William F (Bill) Brown Manor Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. William F (Bill) Brown Manor 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: $25,197
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What is the mission statement of William F (Bill) Brown Manor Inc?
William F (Bill) Brown Manor Inc's mission is centered around providing affordable housing for the elderly. In pursuit of this goal, the organization engages in the management and development of rental properties, securing financing through mortgages from the HUD and supplementing rents where necessary. This mission is aimed at making housing more accessible for individuals who fall within the low-income category, specifically the elderly population.
Who is the CEO of William F (Bill) Brown Manor Inc?
Terry Bryan Johnson is the President of William F (Bill) Brown Manor Inc.
What is the revenue of William F (Bill) Brown Manor Inc?
William F (Bill) Brown Manor Inc's revenue in 2023 was $243,231.
Who are the executives of William F (Bill) Brown Manor Inc and what are their salaries?
The average compensation at William F (Bill) Brown Manor Inc during 2023 was $8,399. There are 3 employees at William F (Bill) Brown Manor Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for William F (Bill) Brown Manor Inc?
William F (Bill) Brown Manor Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of William F (Bill) Brown Manor Inc
William F. (Bill) Brown Manor Inc, as a nonprofit organization, is committed to providing low-income affordable housing for the elderly. Their mission is centered around managing and developing rental housing, with financial support coming from mortgages financed by the HUD and rent supplements. This mission aims to provide a secure living environment for the elderly, ensuring they can maintain their dignity and independence while alleviating the financial burden associated with housing. By offering affordable housing, William F. (Bill) Brown Manor Inc is contributing significantly to the well-being of the elderly population, ensuring they can age gracefully within a supportive community.
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Impact
October, 2024
William F (Bill) Brown Manor Inc plays a crucial role in addressing the housing needs of low-income elderly individuals in Germantown, TN. By managing and developing rental housing options, the organization ensures that this vulnerable population has access to safe, affordable living spaces.
Through financing mechanisms like HUD mortgages and rent supplements, the Manor not only alleviates financial burdens but also fosters a sense of community and stability for its residents. The impact is profound: residents can maintain their independence and dignity without the overwhelming worry of high housing costs, contributing to their overall well-being. By focusing on affordable housing solutions, the organization directly enhances the quality of life for many seniors in the area, promoting a healthier and more supportive environment for elderly residents.
This information is meant to be a general summary of William F (Bill) Brown Manor 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: $920
- Program Service Revenue: $242,311
- Gross Receipts: $243,231
Assets and Liabilities:
- Total Assets: $1,223,860
- Total Liabilities: $16,774
- Net Assets: $1,207,086
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT ASSISTANCE PAYMENTS
Revenue
$153,383
TENANT RENTS
Revenue
$88,902
LAUNDRY, VENDING, MISC.
Revenue
$26
Organization Details
Founding Year
2003
Phone
(901) 759-1855Principal Officer
Terry Bryan Johnson
Main Address
2171 JUDICIAL DRIVE SUITE 200, GERMANTOWN, TN, 38138
NTEE Category
Code: L21 - Housing
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