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Bolton Senior Housing Corporation C/O Rcap Solutions Inc

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

EIN: 311727629 ✦ Worcester, MA ✦ Designated as a 501(c)(3)

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Overview

What is Bolton Senior Housing Corporation C/O Rcap Solutions Inc?

Bolton Senior Housing Corporation C/O Rcap Solutions Inc is a nonprofit organization situated in Worcester, Massachusetts, specifically at 191 May Street. Their primary mission is to manage and operate 28 units of affordable senior housing in Bolton, Massachusetts, catering to the elderly population. The corporation plays a vital role in providing affordable housing options for this demographic, enhancing their living standards and contributing to the local community.

Is Bolton Senior Housing Corporation C/O Rcap Solutions Inc legitimate?

Bolton Senior Housing Corporation C/O Rcap Solutions Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bolton Senior Housing Corporation C/O Rcap Solutions 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: $0

For more financial information, click here

What is the mission statement of Bolton Senior Housing Corporation C/O Rcap Solutions Inc?

The mission of Bolton Senior Housing Corporation, under the management of Rcap Solutions Inc., is centered around operating 28 units of affordable residential housing specifically designed for the elderly. Their goal is to provide a living space that caters to this demographic, ensuring affordability remains a key aspect. While the information provided does not detail any additional objectives or initiatives, it can be inferred that the corporation aims to uphold the dignity and comfort of its elderly residents, providing them with a secure and affordable home.

Who is the CEO of Bolton Senior Housing Corporation C/O Rcap Solutions Inc?

Eileen Griffin Wright is the President/Director of Bolton Senior Housing Corporation C/O Rcap Solutions Inc.

What is the revenue of Bolton Senior Housing Corporation C/O Rcap Solutions Inc?

Bolton Senior Housing Corporation C/O Rcap Solutions Inc's revenue in 2022 was $425,228.

Who are the executives of Bolton Senior Housing Corporation C/O Rcap Solutions Inc and what are their salaries?


Here are 6 key members and their salaries:


Eileen Griffin Wright (President/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Scales (Interim Vp/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Koller (Vp/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deborah Foley (Clerk/Resident Agent)
  • Compensation: $0
  • Related: $0
  • Other: $0
Earle W Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joanne Drugge (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Bolton Senior Housing Corporation C/O Rcap Solutions Inc?

Bolton Senior Housing Corporation C/O Rcap Solutions Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Bolton Senior Housing Corporation C/O Rcap Solutions Inc

Bolton Senior Housing Corporation C/O Rcap Solutions Inc is committed to operating 28 units of affordable residential housing specifically designed for the elderly community. Their mission is centered around providing a living space that is both affordable and suitable for the elderly population, ensuring they can reside in a comfortable and secure environment. By managing these units, Bolton Senior Housing Corporation C/O Rcap Solutions Inc aims to contribute to the community by offering housing solutions that cater to the unique needs of the elderly, thereby enhancing their quality of life.

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Impact




October, 2024

Bolton Senior Housing Corporation C/O Rcap Solutions Inc significantly impacts the community by providing 28 units of affordable residential housing specifically designed for elderly individuals in Bolton, Massachusetts. This initiative addresses the critical need for accessible and affordable housing options for seniors, facilitating their ability to live independently while maintaining a supportive environment.

By offering these dedicated units, the organization helps alleviate housing insecurity among the elderly population, ensuring that they have a safe and stable place to live. This contributes not only to the welfare of these residents but also enhances the overall community by fostering a demographic that can remain engaged and active in local life. The presence of affordable elderly housing promotes inclusivity and diversity in the housing landscape, ultimately benefiting the wider community in Worcester and beyond.




This information is meant to be a general summary of Bolton Senior Housing Corporation C/O Rcap Solutions 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
$425,228 (2022)
Expenses
$500,332 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $119
  • Program Service Revenue: $136,592
  • Gross Receipts: $425,228

Assets and Liabilities:

  • Total Assets: $2,546,086
  • Total Liabilities: $4,001,929
  • Net Assets: -$1,455,843

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Programs

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

TENANT RENTAL INCOME

Revenue

$136,592

Organization Details

Founding Year

2000

Principal Officer

Eileen Griffin Wright

Main Address

191 MAY STREET, WORCESTER, MA, 01602

NTEE Category

Code: L21 - Housing

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