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Bowman Low Rental Housing Inc

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

EIN: 570903378 ✦ Columbia, SC ✦ Designated as a 501(c)(3)

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Overview

What is Bowman Low Rental Housing Inc?

Bowman Low Rental Housing Inc is a nonprofit organization situated in Columbia, South Carolina. Their primary mission is to manage a 24-unit community named Cedarwood Villas, located in Bowman, South Carolina. This community is specifically designed to provide affordable housing for low-income elderly or disabled individuals. The organization's activities are centered around the operation and maintenance of this housing facility, ensuring a safe and comfortable living environment for its residents.

Is Bowman Low Rental Housing Inc legitimate?

Bowman Low Rental Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bowman Low Rental Housing 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 Bowman Low Rental Housing Inc?

Bowman Low Rental Housing Inc's primary mission is focused on providing housing for individuals who are elderly or disabled and fall under the category of low-income. This is achieved through the operation of a 24-unit community known as Cedarwood Villas. The organization's goal is to offer a safe and suitable living environment for these individuals, ensuring they have access to housing that caters to their specific needs. The operation of Cedarwood Villas is a crucial part of the organization's mission, aiming to make a positive impact on the lives of those in need.

Who is the CEO of Bowman Low Rental Housing Inc?

Roosevelt Matthews is the Director of Bowman Low Rental Housing Inc.

What is the revenue of Bowman Low Rental Housing Inc?

Bowman Low Rental Housing Inc's revenue in 2022 was $205,350.

Who are the executives of Bowman Low Rental Housing Inc and what are their salaries?


Here are 4 key members and their salaries:


Florence Brandyburg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roosevelt Matthews (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hubert Brandyburg (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hattie Gaines (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Bowman Low Rental Housing Inc?

Bowman Low Rental Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Bowman Low Rental Housing Inc

Bowman Low Rental Housing Inc, as an organization, is dedicated to providing housing for individuals who are either elderly or disabled and fall into the low-income category. This mission is carried out through the operation of a 24-unit community known as Cedarwood Villas, situated in Bowman, South Carolina. This community serves as a safe and comfortable living space for those in need, offering them the opportunity to reside in a secure environment. By providing affordable housing for this specific demographic, Bowman Low Rental Housing Inc plays a significant role in supporting and empowering these individuals, enabling them to maintain their independence and dignity.

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Impact




October, 2024

Bowman Low Rental Housing Inc significantly impacts the local community by operating Cedarwood Villas, a 24-unit housing complex in Bowman, South Carolina. This facility is dedicated to providing safe and affordable housing for low-income elderly and disabled individuals, addressing a critical need in the area. By creating a supportive living environment, Cedarwood Villas fosters a sense of community among residents, alleviating the isolation often faced by seniors and individuals with disabilities.

The presence of Cedarwood Villas contributes to improved quality of life for its residents, offering not just shelter but also stability and companionship. It plays a crucial role in reducing homelessness and housing insecurity among vulnerable populations in Bowman, making it a vital resource for families in need. The operation of such a facility helps promote social equity, ensuring that those who are often marginalized have access to essential housing services. Overall, the impact of Bowman Low Rental Housing Inc extends beyond mere provision of housing; it enhances community well-being and supports the dignity of its residents.




This information is meant to be a general summary of Bowman Low Rental Housing 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.

Revenue
$205,350 (2022)
Expenses
$159,892 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $105
  • Program Service Revenue: $54,227
  • Gross Receipts: $205,350

Assets and Liabilities:

  • Total Assets: $608,656
  • Total Liabilities: $762,343
  • Net Assets: -$153,687

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Programs

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

RENTAL INCOME

Revenue

$54,227

Organization Details

Founding Year

1991

Principal Officer

Roosevelt Matthews

Main Address

401 HARBISON BLVD 3A, COLUMBIA, SC, 29212

NTEE Category

Code: L20 - Housing

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