Overview
What is Boom Community Services Inc?
Boom Community Services Inc, established in July 2015 in Delaware, is a not-for-profit organization dedicated to serving low-income communities in underprivileged areas of Bronx, New York. Their primary mission involves developing facilities to provide wellness and various supportive services. In June 2016, they exercised an option to purchase a leased property, which they transformed into a wellness center, for a price of $4,950,000. This acquisition and renovation project are funded through New Market Tax Credits awarded in 2016. Boom Community Services Inc aims to improve the lives of individuals in need within their community.
Is Boom Community Services Inc legitimate?
Boom Community Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Boom Community Services 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 Boom Community Services Inc?
Boom Community Services Inc, established as a not-for-profit corporation in 2015, is committed to developing facilities for providing wellness and supportive services to individuals of low income residing in underserved areas. The organization's mission is to enhance the quality of life for these individuals by establishing facilities that offer wellness and community services. In June 2016, Boom Community Services Inc exercised its option to purchase a property for a wellness center, investing $4,950,000, with the acquisition and renovation costs financed through New Market Tax Credits awarded in 2016. The ultimate goal of Boom Community Services Inc is to improve the well-being and living conditions of individuals in low-income communities, providing them with vital supportive services.
Who is the CEO of Boom Community Services Inc?
Richard Weiss is the Chair of Boom Community Services Inc. The CEO's salary of Boom Community Services Inc is $0 and their total compensation is $486,838.
What is the revenue of Boom Community Services Inc?
Boom Community Services Inc's revenue in 2022 was $430,261.
Who are the executives of Boom Community Services Inc and what are their salaries?
There 10 volunteers at Boom Community Services Inc.
Here are 13 key members and their salaries (Boom Community Services Inc's CEO's salary is $0 and their total compensation is $486,838):
- 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
- 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: $430,046
- Other: $56,792
- Compensation: $0
- Related: $259,235
- Other: $38,859
- Compensation: $0
- Related: $277,797
- Other: $29,911
Where can I find the form 990 for Boom Community Services Inc?
Boom Community Services Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Boom Community Services Inc
Boom Community Services Inc, established in 2015, is a not-for-profit corporation with a mission to develop facilities that provide wellness and supportive services to individuals of low income and those residing in underserved low-income areas. The organization's primary objective is to create a welcoming environment where these individuals can access various supportive and community services. In 2016, Boom Community Services Inc exercised its option to purchase a property, which it will utilize as a wellness center. The acquisition and renovation costs for this facility are being financed through an allocation of New Market Tax Credits awarded in 2016. In essence, Boom Community Services Inc is committed to enhancing the well-being and overall livelihood of individuals in need, offering them a safe and supportive space to rebuild their lives.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Boom Community Services Inc significantly enhances the well-being of low-income individuals and families in underserved areas of the Bronx, New York. By developing facilities focused on wellness and supportive services, the organization addresses critical community needs and fosters an environment of care and improvement.
Since its inception in July 2015, Boom Community Services has undertaken the acquisition and renovation of a dedicated wellness center, marking a commitment to providing essential services in a region that has historically faced challenges related to health and social support. The wellness center not only serves as a physical space for healthcare but also acts as a hub for community engagement, education, and access to various supportive services.
The organization's initiatives are particularly impactful in a neighborhood where resources are limited, helping to bridge gaps in healthcare access and improving overall community wellness. By emphasizing preventive care and holistic support, Boom Community Services is transforming lives, reducing disparities, and empowering residents to achieve better health outcomes and improved quality of life.
This information is meant to be a general summary of Boom Community Services 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.
- Program Service Revenue: $430,261
- Gross Receipts: $430,261
Assets and Liabilities:
- Total Assets: $11,591,072
- Total Liabilities: $9,467,319
- Net Assets: $2,123,753
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$430,261
Organization Details
Founding Year
2015
Phone
(718) 401-5700Principal Officer
Richard Weiss
Main Address
760 EAST 160TH STREET, BRONX, NY, 10456
NTEE Category
Code: P20 - Human services
If you are a representative of Boom Community Services Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.