Overview
What is Blanchester Friends Housing Inc?
Blanchester Friends Housing Inc, situated in Cincinnati, Ohio, was established with the primary objective of constructing, owning, and managing housing for low-income individuals residing in Warren and Clinton counties. Over time, the organization expanded its reach by merging with another community, increasing its capacity to 114 units. In January 2021, this merged community was sold to an affiliated entity. The organization adheres to accounting policies as required by the Federal Housing Commissioner, ensuring compliance with regulations for insured multi-family housing projects under Section 207 of the National Housing Act. The mission of Blanchester Friends Housing Inc extends beyond mere housing, aiming to positively impact the lives of older adults through innovative senior living communities and community services tailored to their needs.
Is Blanchester Friends Housing Inc legitimate?
Blanchester Friends Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Blanchester Friends Housing 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.
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What is the mission statement of Blanchester Friends Housing Inc?
Blanchester Friends Housing Inc's mission is focused on enhancing the lives of older adults. They achieve this goal by providing innovative and high-quality senior living communities and offering community services specifically tailored for older adults. The organization's efforts are geared towards improving the well-being of this demographic, establishing a positive impact in their daily lives. The corporation operates several housing facilities, including Friendship Acres East and Friendship Acres, with the objective of offering affordable housing options for low-income residents. While the corporation has sold one of its facilities, its mission remains committed to serving the needs of older adults.
Who is the CEO of Blanchester Friends Housing Inc?
Jennilou Grotevant is the President of Blanchester Friends Housing Inc.
What is the revenue of Blanchester Friends Housing Inc?
Blanchester Friends Housing Inc's revenue in 2022 was $289,049.
Who are the executives of Blanchester Friends Housing Inc and what are their salaries?
There 7 volunteers at Blanchester Friends Housing Inc.
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Where can I find the form 990 for Blanchester Friends Housing Inc?
Blanchester Friends Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Blanchester Friends Housing Inc
Blanchester Friends Housing Inc is committed to enhancing the lives of low-income individuals by providing them with suitable housing options. This nonprofit organization operates with a mission to cater to the needs of older adults, going beyond just offering housing. Through innovative and high-quality senior living communities, Blanchester Friends Housing Inc seeks to improve the lives of its residents. Additionally, the organization extends its services to the wider community, offering support to older adults beyond their housing needs. This holistic approach to senior care reflects Blanchester Friends Housing Inc's dedication to making a meaningful impact in the lives of its beneficiaries.
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Impact
October, 2024
Blanchester Friends Housing Inc plays a significant role in addressing the housing needs of low-income residents in Warren and Clinton Counties. By developing and managing affordable housing options, such as the 50-unit apartment community, Friendship Acres East, the organization contributes to the stability and well-being of older adults and their families in the region.
Since its establishment, Blanchester Friends Housing has focused on creating safe, comfortable living environments, which can greatly enhance the quality of life for its residents. The 64-unit Friendship Acres, which merged into the organization, further exemplifies its commitment to providing accessible housing options.
Additionally, by adhering to stringent regulatory standards set by the Federal Housing Administration, Blanchester Friends Housing ensures that its operations are both financially responsible and beneficial to the community. This approach not only secures housing for those in need but also fosters a sense of community and support among residents, ultimately improving their overall living conditions and well-being.
This information is meant to be a general summary of Blanchester Friends Housing 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 2022.
- Investment Income: $51
- Program Service Revenue: $110,284
- Gross Receipts: $289,049
Assets and Liabilities:
- Total Assets: $873,090
- Total Liabilities: $1,143,885
- Net Assets: -$270,795
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$110,284
Organization Details
Founding Year
1988
Phone
(513) 271-9610Principal Officer
Jennilou Grotevant
Main Address
3870 VIRGINIA AVE, CINCINNATI, OH, 45227
NTEE Category
Code: L21Z - Housing
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