Overview
What is Bci Homes Inc?
Bci Homes Inc, a nonprofit corporation based in Moncks Corner, South Carolina (SC), focuses on providing housing assistance for disabled individuals. Situated at 1301 Old Highway 52 South, this organization operates under the HUD Section 811 program, which offers subsidized housing to six disabled persons aged 18 and above. The project, comprising two homes with six units in total, was financed with capital advances from the National Affordable Housing Act and is regulated by the U.S. Department of Housing and Urban Development (HUD) in terms of rental charges and operational methods. Bci Homes Inc holds legal title to the project, which is their sole activity.
Official website here: www.berkeleycitizens.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating.
Bci Homes Inc has achieved a strong rating of 96%, reflecting high standards in accountability and finance. The organization has a fully independent board, which positively impacts its governance, contributing to its perfect score in that category. Furthermore, the absence of material diversion of assets and a well-structured conflict of interest policy enhance its financial integrity.
In terms of operational transparency, all required documents, including board meeting minutes and a whistleblower policy, are readily accessible, indicating a commitment to ethical practices. The program expense ratio of 68.95% suggests that a significant portion of its budget is channeled towards its programs, which is a promising sign of effective resource allocation.
While the overall score reflects a robust structure, continuous evaluation of program effectiveness and community impact would further solidify its reputation. Overall, Bci Homes Inc stands out as a well-managed nonprofit organization committed to accountability and effective programming.
This AI summary has been generated from information found on Charity Navigator.
Is Bci Homes Inc legitimate?
Bci Homes Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bci Homes 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
Official website here: www.berkeleycitizens.org
What is the mission statement of Bci Homes Inc?
Bci Homes Inc's mission revolves around providing housing assistance for disabled individuals. Specifically, they focus on individuals aged 18 and above living in Section 811 homes, which receive monthly rent subsidies. The organization constructs and manages two housing units located elsewhere, in this case, Moncks Corner, South Carolina. The project's financing comes from capital advances under Section 811 of the National Affordable Housing Act and is regulated by the U.S. Department of Housing and Urban Development (HUD) in terms of rental charges and operating methods. Legally, the project falls under Bci Homes Inc, a nonprofit corporation, and it is their only activity.
Official website here: www.berkeleycitizens.org
Who is the CEO of Bci Homes Inc?
Holly Frye is the Member of Bci Homes Inc.
Official website here: www.berkeleycitizens.org
What is the revenue of Bci Homes Inc?
Bci Homes Inc's revenue in 2023 was $60,645.
Official website here: www.berkeleycitizens.org
Who are the executives of Bci Homes Inc and what are their salaries?
There 20 volunteers at Bci Homes Inc.
Here are 7 key members and their salaries:
- 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
Official website here: www.berkeleycitizens.org
Where can I find the form 990 for Bci Homes Inc?
Bci Homes Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.berkeleycitizens.org
Learn more at the official website: www.berkeleycitizens.org
Mission Statement of Bci Homes Inc
Bci Homes Inc, a nonprofit corporation, is dedicated to providing housing assistance for disabled individuals aged 18 and above. This mission is fulfilled through their participation in the HUD Section 811 Housing Assistance Program. The project under this program, located in Moncks Corner, South Carolina, consists of two homes, offering six units in total. These homes serve as residences for six disabled individuals, providing them with monthly rent subsidies. The construction of these homes was funded using capital advances provided under Section 811 of the National Affordable Housing Act. Regulated by the U.S. Department of Housing and Urban Development (HUD), the project's rental charges and operating methods adhere to the guidelines set by this department. Bci Homes Inc holds the legal title of this project, which is their only recorded activity.
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
August, 2024
Bci Homes Inc's impact is centered around providing housing assistance to disabled individuals through the HUD Section 8 Housing Assistance Program. The organization operates a project consisting of two homes in Moncks Corner, South Carolina, offering a total of six units for disabled persons aged 18 and above. These individuals receive monthly rent subsidies, enabling them to access safe and affordable housing. By utilizing capital advances from Section 811 of the National Affordable Housing Act, Bci Homes Inc plays a vital role in addressing the housing needs of this marginalized population.
This information is meant to be a general summary of Bci Homes 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 2023.
- Investment Income: $24
- Program Service Revenue: $60,621
- Gross Receipts: $60,645
Assets and Liabilities:
- Total Assets: $148,306
- Total Liabilities: $26,283
- Net Assets: $122,023
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.
PROGRAM REVENUE
Revenue
$60,621
Organization Details
Founding Year
1996
Phone
(843) 761-0321Principal Officer
Holly Frye
Main Address
1301 OLD HIGHWAY 52 SOUTH, MONCKS CORNER, SC, 294610429
Website
www.berkeleycitizens.orgNTEE Category
Code: L20Z - Housing
If you are a representative of Bci Homes 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.