Overview
What is Baileys Grove Retirement Community Inc?
Baileys Grove Retirement Community Inc, located in Grand Rapids, Michigan, is a compassionate nonprofit organization that provides affordable housing solutions for the elderly. With a mission of welcoming all and enriching lives, they offer 43 subsidized apartments, funded by the US Department of Housing and Urban Development. Their primary activity is dedicated to housing assistance for the elderly, ensuring they can live comfortably with the necessary support. The organization, with a small workforce of one dedicated individual, strives to make a significant impact in the community.
Official website here: www.mybrio.org
Is Baileys Grove Retirement Community Inc legitimate?
Baileys Grove Retirement Community Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Baileys Grove Retirement Community 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: $60,195
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.mybrio.org
What is the mission statement of Baileys Grove Retirement Community Inc?
Baileys Grove Retirement Community Inc's mission statement is centered around welcoming and partnering with its residents. The organization strives to enrich the lives of its elderly residents by offering them subsidized housing. This is achieved through the renting of 43 apartments, which are financially supported by the US Department of Housing and Urban Development. The mission of Baileys Grove Retirement Community Inc is to create an inclusive environment where elderly residents can live with dignity and independence, benefiting from affordable housing options. The community works towards fostering a sense of community and mutual support among its residents, aiming to enhance their quality of life.
Official website here: www.mybrio.org
Who is the CEO of Baileys Grove Retirement Community Inc?
Kim Hoppe is the Cfo Director of Baileys Grove Retirement Community Inc. The CEO's salary of Baileys Grove Retirement Community Inc is $0 and their total compensation is $468,694.
Official website here: www.mybrio.org
What is the revenue of Baileys Grove Retirement Community Inc?
Baileys Grove Retirement Community Inc's revenue in 2022 was $248,476.
Official website here: www.mybrio.org
Who are the executives of Baileys Grove Retirement Community Inc and what are their salaries?
The average compensation at Baileys Grove Retirement Community Inc during 2022 was $60,195. There is 1 employee and 6 volunteers at Baileys Grove Retirement Community Inc.
Here are 8 key members and their salaries (Baileys Grove Retirement Community Inc's CEO's salary is $0 and their total compensation is $468,694):
- Compensation: $0
- Related: $468,694
- Other: $0
- Compensation: $0
- Related: $267,464
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.mybrio.org
Where can I find the form 990 for Baileys Grove Retirement Community Inc?
Baileys Grove Retirement Community Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mybrio.org
Learn more at the official website: www.mybrio.org
Mission Statement of Baileys Grove Retirement Community Inc
Baileys Grove Retirement Community Inc, a nonprofit organization, is committed to a mission that embraces all and fosters a sense of unity. Their primary objective is to enrich the lives of elderly residents by providing them with affordable housing. This is achieved through the renting of 43 apartments, which are subsidized by the US Department of Housing and Urban Development. The organization's mission statement, "Welcoming all, Partnering together, enriching lives," encapsulates its dedication to creating an inclusive and supportive environment for its residents. By offering subsidized housing, Baileys Grove Retirement Community Inc plays a significant role in ensuring that the elderly, regardless of their financial circumstances, can live with dignity and independence.
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Impact
October, 2024
Baileys Grove Retirement Community Inc has a significant impact on the lives of elderly residents in Grand Rapids, MI, by providing subsidized housing that addresses the needs of low-income seniors. By offering 43 affordable apartments, the community ensures that vulnerable individuals have a safe and comfortable place to live, promoting stability and security in their later years.
The organization prioritizes inclusivity, welcoming all individuals regardless of background, and fosters a sense of belonging and community. Its mission to partner together enriches the lives of residents, creating connections among them and encouraging social interactions that combat loneliness and isolation. The support from the U.S. Department of Housing and Urban Development plays a crucial role in making these affordable housing options possible, ultimately enhancing the quality of life for seniors in need.
By addressing housing insecurity among the elderly, Baileys Grove contributes to the overall well-being of the community and helps empower its residents to lead fulfilling lives in a supportive environment.
This information is meant to be a general summary of Baileys Grove Retirement Community 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: $15
- Program Service Revenue: $160,587
- Gross Receipts: $248,476
Assets and Liabilities:
- Total Assets: $1,876,242
- Total Liabilities: $3,011,238
- Net Assets: -$1,134,996
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rental income
Revenue
$142,546
carports
Revenue
$2,846
Laundry and Vending
Revenue
$1,971
Cable Charges
Revenue
$13,224
Organization Details
Founding Year
2006
Phone
(616) 949-4975Principal Officer
Kim Hoppe
Main Address
3600 Fulton, Grand Rapids, MI, 49546
Website
www.mybrio.orgNTEE Category
Code: L22 - Housing
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