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First Baptist Apple Street Housing Foundation

Spencer Brown Thomas Homes

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

EIN: 561389444 ✦ Burlington, NC ✦ Designated as a 501(c)(3)

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Overview

What is First Baptist Apple Street Housing Foundation?

First Baptist Apple Street Housing Foundation is a nonprofit organization situated in Burlington, North Carolina. Their primary mission is to offer housing solutions for 40 elderly individuals with low income, providing them with a secure living environment. The foundation operates under the name Spencer Brown Thomas Homes. Although specific details about additional programs or initiatives are not provided, their core focus remains on providing housing assistance to the specified demographic.

Is First Baptist Apple Street Housing Foundation legitimate?

First Baptist Apple Street Housing Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. First Baptist Apple Street Housing Foundation 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 First Baptist Apple Street Housing Foundation?

The First Baptist Apple Street Housing Foundation's mission is centered around providing housing for elderly individuals who fall under the low-income bracket. This non-profit organization has a commitment to accommodating up to 40 such individuals, aiming to offer them a secure and suitable living environment. The foundation's activities are primarily focused on this housing provision, ensuring that the elderly in need have a place to call home.

Who is the CEO of First Baptist Apple Street Housing Foundation?

Dennis Burnette is the President of First Baptist Apple Street Housing Foundation.

What is the revenue of First Baptist Apple Street Housing Foundation?

First Baptist Apple Street Housing Foundation's revenue in 2022 was $331,526.

Who are the executives of First Baptist Apple Street Housing Foundation and what are their salaries?

There 7 volunteers at First Baptist Apple Street Housing Foundation.


Here are 8 key members and their salaries:


Dennis Burnette (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Calvin Kendrick (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shirley Dixon (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angela Turner (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Calvin Jones (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Johnnie Jeffries (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gladys Shaw (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Veronica Revels (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for First Baptist Apple Street Housing Foundation?

First Baptist Apple Street Housing Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of First Baptist Apple Street Housing Foundation

The First Baptist Apple Street Housing Foundation is committed to providing housing solutions for 40 elderly individuals who fall within the low-income bracket. This nonprofit organization's mission is centered around providing a secure and comfortable living environment for this specific demographic, ensuring they have access to essential amenities. By offering housing, the Foundation seeks to contribute positively to the well-being and quality of life of these individuals, enabling them to live with dignity and independence.

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Impact




October, 2024

First Baptist Apple Street Housing Foundation plays a crucial role in enhancing the quality of life for elderly low-income individuals in Burlington, NC. By providing housing for 40 residents, the foundation addresses a significant need in the community, ensuring that vulnerable seniors have safe and stable living conditions. This initiative not only alleviates the burden of housing costs but also fosters a sense of community among residents, promoting social interaction and support networks. The foundation's efforts contribute to the overall well-being of its residents, enabling them to live with dignity and security as they age.




This information is meant to be a general summary of First Baptist Apple Street Housing Foundation. 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
$331,526 (2022)
Expenses
$272,348 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $129
  • Program Service Revenue: $109,688
  • Gross Receipts: $331,526

Assets and Liabilities:

  • Total Assets: $2,267,488
  • Total Liabilities: $2,463,727
  • Net Assets: -$196,239

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Programs

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

TENANT RENTAL PAYMENTS

Revenue

$107,917

LAUNDRY AND VENDING RE

Revenue

$1,645

TENANT CHARGES

Revenue

$126

Organization Details

Founding Year

1983

Principal Officer

Dennis Burnette

Main Address

PO BOX 2380, BURLINGTON, NC, 272612380

NTEE Category

Code: L20Z - Housing

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