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Baybarry Corporation

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

EIN: 391806915 ✦ Rice lake, WI ✦ Designated as a 501(c)(3)

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Overview

What is Baybarry Corporation?

Baybarry Corporation is a nonprofit organization situated in Rice Lake, Wisconsin. Its primary focus is on elderly housing, operating a 20-unit facility that caters specifically to the unique needs of the elderly. The organization's mission is to provide comfortable and suitable living spaces for the elderly, ensuring their well-being and fostering a sense of community. Baybarry Corporation's commitment to elderly housing is evident in its ongoing operations, contributing positively to the lives of the elderly population in its locality.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (74%)

Baybarry Corporation has received a two-star rating from Charity Navigator, indicating some areas of concern despite a strong performance in accountability and finance. The organization scored 100% for its financial practices, reflecting solid management of its assets and a healthy liabilities to assets ratio. However, the lack of independent board members and missing documentation on its website have raised flags about its governance practices.

Though Baybarry Corporation has policies in place for conflict of interest and whistleblower protections, it falls short in board independence, with only 33% of its board being independent members. Additionally, the absence of its tax forms and website information could hinder transparency and public trust. The organization does maintain a high program expense ratio of 75.38%, which suggests a commitment to its mission through effective allocation of resources.

Overall, while Baybarry Corporation demonstrates strong financial management, improvements are needed in governance and transparency to enhance its rating and public perception. Addressing these shortcomings could help the organization better serve its mission and stakeholders.


This AI summary has been generated from information found on Charity Navigator.

Is Baybarry Corporation legitimate?

Baybarry Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Baybarry Corporation 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: $25,571

For more financial information, click here

What is the mission statement of Baybarry Corporation?

Baybarry Corporation is dedicated to fulfilling its mission of providing Elderly Housing. This is achieved by operating a 20-unit housing facility, specifically designed to cater to the needs of the elderly, located in an undisclosed location. The corporation's commitment to Elderly Housing is not just about providing a place to live, but rather, it's about creating an environment that is tailored to the unique needs of its elderly residents.

Who is the CEO of Baybarry Corporation?

Brett Gerber is the President/Ceo of Baybarry Corporation. The CEO's salary of Baybarry Corporation is $0 and their total compensation is $580,678.

What is the revenue of Baybarry Corporation?

Baybarry Corporation's revenue in 2022 was $147,217.

Who are the executives of Baybarry Corporation and what are their salaries?


Here are 3 key members and their salaries (Baybarry Corporation's CEO's salary is $0 and their total compensation is $580,678):


Brett Gerber (President/Ceo)
  • Compensation: $0
  • Related: $444,686
  • Other: $135,992
Terra Pawliuk-Mcgiffin (Secretary/Treasurer)
  • Compensation: $0
  • Related: $112,592
  • Other: $35,825
Caroline Loyas (Director)
  • Compensation: $0
  • Related: $105,602
  • Other: $27,978
Where can I find the form 990 for Baybarry Corporation?

Baybarry Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Baybarry Corporation

Baybarry Corporation, a notable entity, is dedicated to providing Elderly Housing. Their mission is to operate housing facilities that cater specifically to the unique needs of elderly individuals. Located in an unspecified location, Baybarry Corporation operates a 20-unit housing facility in Rice Lake, Wisconsin, with the primary objective of offering elderly persons a living space tailored to their specific requirements. This commitment to Elderly Housing is a significant part of Baybarry Corporation's overall mission.

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Impact




October, 2024

Baybarry Corporation significantly impacts the community by offering specialized housing for elderly individuals in Rice Lake, Wisconsin. Operating a 20-unit facility, it fulfills a critical need for comfortable and accessible living environments tailored to the unique requirements of elderly residents. This initiative enhances the quality of life for seniors, offering them a secure and supportive atmosphere that encourages independence while providing essential amenities designed specifically for their needs. By focusing on elderly housing, Baybarry Corporation plays a vital role in improving the well-being and dignity of older adults in the area, fostering a sense of community and belonging.




This information is meant to be a general summary of Baybarry Corporation. 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
$147,217 (2022)
Expenses
$163,972 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $92
  • Program Service Revenue: $147,125
  • Gross Receipts: $147,217

Assets and Liabilities:

  • Total Assets: $597,227
  • Total Liabilities: $88,109
  • Net Assets: $509,118

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Programs

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

RENTAL REVENUE

Revenue

$146,196

MISCELLANEOUS REVENUE

Revenue

$929

Organization Details

Founding Year

1994

Principal Officer

Brett Gerber

Main Address

2961 DECKER DRIVE, RICE LAKE, WI, 54868

NTEE Category

Code: L22 - Housing

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