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Bridgewood Apartments

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

EIN: 570909556 ✦ Chesterfield, SC ✦ Designated as a 501(c)(3)

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Overview

What is Bridgewood Apartments?

Bridgewood Apartments is a nonprofit organization situated in Chesterfield, South Carolina. Their primary mission is to cater to the needs of individuals with developmental disabilities. They strive to allow these individuals to continue living in their own homes whenever feasible, and if not, they provide a community setting that resembles normal life as closely as possible for their age and capabilities. Their core activity is centered around providing affordable housing for individuals with low to moderate incomes who have disabilities.

Is Bridgewood Apartments legitimate?

Bridgewood Apartments is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bridgewood Apartments 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: $13,319

For more financial information, click here

What is the mission statement of Bridgewood Apartments?

Bridgewood Apartments' mission is centered around providing affordable housing for individuals with developmental disabilities who fall under the low and moderate-income bracket. The apartment complex aims to enable these individuals to reside in their own homes if feasible and desirable, or to offer a community living environment that closely mirrors normal living conditions suitable for their age and abilities. The objective is to meet the needs of disabled persons, ensuring they maintain a high quality of life.

Who is the CEO of Bridgewood Apartments?

Billie Stoudemire is the Principal Officer of Bridgewood Apartments.

What is the revenue of Bridgewood Apartments?

Bridgewood Apartments's revenue in 2023 was $221,024.

Who are the executives of Bridgewood Apartments and what are their salaries?


Here are 10 key members and their salaries:


Robbie L Robertson Sr (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John A Malloy (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Henry A Suggs (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gerald Baker (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cherie Ann Porter (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Matthews (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Valencia Howard (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Billie G Stoudemire (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry C Mcmanus (Vice Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kay Spears (Secretary/Treasur)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Bridgewood Apartments?

Bridgewood Apartments's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Bridgewood Apartments

Bridgewood Apartments, as a nonprofit organization, is committed to fulfilling a mission that prioritizes the needs of disabled individuals. Its primary objective is to provide affordable housing for those with low and moderate incomes who are living with disabilities. By offering such housing, Bridgewood Apartments aims to enable these individuals to continue residing in their own homes, if feasible and desirable. In instances where this is not possible, the organization strives to provide a community living environment that closely resembles normal life for individuals with disabilities, considering their age and capabilities. This mission of Bridgewood Apartments is dedicated to enhancing the quality of life for disabled persons, fostering their independence, and ensuring they have access to a supportive living environment.

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Impact




October, 2024

Bridgewood Apartments significantly impacts the community by providing affordable housing options specifically designed for low and moderate-income individuals with developmental disabilities. By creating an environment where these individuals can either remain in their homes or transition to a community setting that closely resembles a typical living situation, Bridgewood fosters independence and enhances the quality of life for its residents. This dedicated approach not only addresses housing needs but also promotes social integration and support, helping individuals thrive in their living environments. In Chesterfield, SC, Bridgewood Apartments stands as a vital resource, ensuring that those with disabilities have access to safe and supportive housing, ultimately contributing to a more inclusive and compassionate community.




This information is meant to be a general summary of Bridgewood Apartments. 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
$221,024 (2023)
Expenses
$169,933 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $4
  • Program Service Revenue: $81,386
  • Gross Receipts: $221,024

Assets and Liabilities:

  • Total Assets: $278,883
  • Total Liabilities: $399,085
  • Net Assets: -$120,202

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Programs

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

CLIENT RENT REVENUE

Revenue

$81,386

Organization Details

Founding Year

1990

Principal Officer

Billie Stoudemire

Main Address

POST OFFICE BOX 151, CHESTERFIELD, SC, 29709

NTEE Category

Code: L99Z - Housing

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