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Bhr Housing Properties

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

EIN: 478184602 ✦ Olympia, WA ✦ Designated as a 501(c)(3)

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Overview

What is Bhr Housing Properties?

Bhr Housing Properties is a nonprofit organization based in Olympia, Washington, specifically at 3857 Martin Way E, 98506. Their primary mission is to provide low-cost, permanent housing to individuals with special housing needs, particularly those who are chronically mentally ill and are at risk of, or have experienced, homelessness. Their flagship project, "The Gardens," comprises 34 studio apartments and is currently 97% occupied. Bhr Housing Properties aims to offer these individuals a stable living environment to help them rebuild their lives.


Official website here: www.bhr.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97% (Four-Star out of Four Stars)

Bhr Housing Properties has achieved an impressive Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial health. The organization scored 100% on its Accountability & Finance beacon, indicating transparency and responsible management of resources. This high rating suggests that donors can have confidence in their contributions being used effectively.

The nonprofit's strengths lie in its governance structure, featuring a fully independent board of members, which enhances decision-making and oversight. Additionally, Bhr Housing Properties has established various policies, including conflict of interest and whistleblower policies, demonstrating a proactive approach to ethical governance. The organization also maintains an excellent liability to asset ratio, indicating a sound financial position.

While the data does not highlight any specific limitations, the overall focus on strong financial and governance practices suggests that Bhr Housing Properties is a well-managed organization dedicated to its mission. The complete allocation of program expenses further emphasizes its commitment to utilizing funds effectively for its intended purpose.


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

Is Bhr Housing Properties legitimate?

Bhr Housing Properties is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bhr Housing Properties 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


Official website here: www.bhr.org

What is the mission statement of Bhr Housing Properties?

Bhr Housing Properties aims to supply affordable, permanent housing for individuals with special housing needs, specifically those who are chronically mentally ill and are at risk of homelessness. Their mission is to provide a secure living environment for these vulnerable individuals, ensuring they have a place to call home. One of their projects, "The Gardens", offers 34 studio apartments and is currently 97% occupied. This housing complex focuses on providing a safe and stable living situation for its residents.


Official website here: www.bhr.org

Who is the CEO of Bhr Housing Properties?

Laurie Tebo is the Board Member of Bhr Housing Properties. The CEO's salary of Bhr Housing Properties is $0 and their total compensation is $274,929.


Official website here: www.bhr.org

What is the revenue of Bhr Housing Properties?

Bhr Housing Properties's revenue in 2022 was $303,590.


Official website here: www.bhr.org

Who are the executives of Bhr Housing Properties and what are their salaries?


Here are 10 key members and their salaries (Bhr Housing Properties's CEO's salary is $0 and their total compensation is $274,929):


Sofi Renes (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Rose (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Cleveland (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tendai Masiriri (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Abe Gardner (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Malcolm Waters (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Teya Harris (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Albert Weinnig (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laurie Tebo (Bhr Ceo)
  • Compensation: $0
  • Related: $249,971
  • Other: $24,958
Brad Livingstone (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.bhr.org

Where can I find the form 990 for Bhr Housing Properties?

Bhr Housing Properties's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.bhr.org

Learn more at the official website: www.bhr.org

Mission Statement of Bhr Housing Properties

Bhr Housing Properties is an organization dedicated to providing low-cost, permanent housing for individuals with special housing needs, particularly those who are chronically mentally ill and are at risk of homelessness. The mission of Bhr Housing Properties is to ensure a safe and stable living environment for these individuals, offering them a place to call home.

One of Bhr Housing Properties' key initiatives is "The Gardens," a residential building equipped with 34 studio apartments. This housing facility is designed to cater to the unique needs of its residents, providing a sanctuary for those who might otherwise struggle to find stable housing. As of the end of the current fiscal year, "The Gardens" is 97% occupied, indicating a strong demand for the services provided by Bhr Housing Properties.

In essence, Bhr Housing Properties stands as a beacon of hope for those battling chronic mental illness, offering them a home where they can rebuild their lives and focus on their recovery. The organization's mission is a testament to its commitment to helping those in need, creating a better future for its residents and contributing to a more compassionate society.

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Impact




June, 2024

Bhr Housing Properties provides a crucial service by offering low-cost, permanent housing to individuals who are chronically mentally ill and at risk of homelessness. Their facility, "The Gardens," with 34 studio apartments in Olympia, WA, plays a vital role in addressing the housing needs of this vulnerable population. Through their work, Bhr Housing Properties greatly impacts the lives of those struggling with mental health challenges by providing them with a stable and supportive living environment.




This information is meant to be a general summary of Bhr Housing Properties. 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
$303,590 (2022)
Expenses
$260,999 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $151
  • Program Service Revenue: $303,439
  • Gross Receipts: $303,590

Assets and Liabilities:

  • Total Assets: $2,521,821
  • Total Liabilities: $150,040
  • Net Assets: $2,371,781

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Programs

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

RENTAL INCOME

Revenue

$303,439

Organization Details

Founding Year

2003

Principal Officer

Laurie Tebo

Main Address

3857 MARTIN WAY E, OLYMPIA, WA, 98506

NTEE Category

Code: F33 - Mental health

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