Overview
What is Broadway Apartments Inc?
Broadway Apartments Inc is a nonprofit organization located in Albuquerque, New Mexico (PO Box 51055). Their mission is to provide housing for individuals with low income and mental illness, as well as homeless men and women. Established with the aim of accommodating individuals with disabilities due to mental illness, Broadway Apartments currently houses 19 residents. Their primary activity involves offering a safe living space for these individuals, contributing positively to their wellbeing.
Official website here: www.newlifehomesnm.com
Is Broadway Apartments Inc legitimate?
Broadway Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Broadway Apartments 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: $13,659
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,930
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Official website here: www.newlifehomesnm.com
What is the mission statement of Broadway Apartments Inc?
Broadway Apartments Inc was established with the purpose of offering housing solutions. Its primary mission is to provide affordable living spaces for individuals who fall under the category of very low income and those living with mental disabilities. The organization has shown a commitment to accommodating homeless men and women, offering them a place to call home. Currently, Broadway Apartments Inc houses 19 residents who fit this profile. In essence, the company's mission is to provide a sanctuary and a sense of stability for those in need, enabling them to reside in a safe and supportive environment.
Official website here: www.newlifehomesnm.com
What is the revenue of Broadway Apartments Inc?
Broadway Apartments Inc's revenue in 2023 was $106,215.
Official website here: www.newlifehomesnm.com
Who are the executives of Broadway Apartments Inc and what are their salaries?
Here are 6 key members and their salaries:
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- Compensation: $13,659
- Related: $232,856
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Official website here: www.newlifehomesnm.com
Where can I find the form 990 for Broadway Apartments Inc?
Broadway Apartments Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.newlifehomesnm.com
Learn more at the official website: www.newlifehomesnm.com
Mission Statement of Broadway Apartments Inc
Broadway Apartments Inc, established with the purpose of providing housing, serves a distinct population. Its mission is centered around providing shelter for individuals with low income and those struggling with mental illness. This nonprofit organization is committed to housing the very vulnerable, offering a home to individuals who have previously experienced homelessness and are dealing with mental health challenges. Currently, Broadway Apartments Inc houses 19 residents, demonstrating its dedication to this cause.
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Impact
October, 2024
Broadway Apartments Inc has a significant impact on the Albuquerque community by providing stable housing solutions for some of the most vulnerable populations, including individuals with mental illness and those experiencing homelessness. With a focus on very low-income residents, the organization has created a supportive environment for 19 residents, helping them regain their independence and integrate into the community.
By offering a secure place to live, Broadway Apartments Inc not only addresses immediate housing needs but also fosters a sense of belonging and stability, which are crucial for improving mental health and overall well-being. The provision of affordable housing plays a vital role in reducing homelessness and ensuring that individuals with disabilities have access to essential resources, ultimately contributing to healthier and more resilient communities in Albuquerque.
This information is meant to be a general summary of Broadway Apartments 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: $313
- Program Service Revenue: $105,902
- Gross Receipts: $106,215
Assets and Liabilities:
- Total Assets: $318,777
- Total Liabilities: $322,973
- Net Assets: -$4,196
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$105,902
Organization Details
Founding Year
1997
Principal Officer
John Bloomfield
Website
www.newlifehomesnm.comNTEE Category
Code: L20 - Housing
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