Overview
What is Bay Minette Rotary Village Inc?
Bay Minette Rotary Village Inc is a nonprofit organization situated in Mobile, Alabama. Primarily, it focuses on providing affordable and secure housing for the elderly and low-income citizens in the Bay Minette area. As per the guidelines set by the United States Department of Housing and Urban Development, the organization operates this specific type of housing facility. The organization is bound to maintain this operation for a 40-year period.
Is Bay Minette Rotary Village Inc legitimate?
Bay Minette Rotary Village Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bay Minette Rotary Village 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 Bay Minette Rotary Village Inc?
Bay Minette Rotary Village Inc is committed to providing affordable and safe housing for low-income and elderly citizens. The organization operates under the guidelines set by the United States Department of Housing and Urban Development. This is the sole operation of the organization, which it must maintain for a 40-year period. The mission of Bay Minette Rotary Village Inc is to contribute to the well-being of its community by offering a secure living environment for those in need, promoting dignity and independence.
What is the revenue of Bay Minette Rotary Village Inc?
Bay Minette Rotary Village Inc's revenue in 2023 was $279,808.
Who are the executives of Bay Minette Rotary Village Inc and what are their salaries?
Here are 4 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
Where can I find the form 990 for Bay Minette Rotary Village Inc?
Bay Minette Rotary Village Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Bay Minette Rotary Village Inc
Bay Minette Rotary Village Inc is dedicated to providing affordable and secure housing for low-income and elderly citizens in their community. The organization's mission is centered around ensuring that individuals in these demographics have access to safe living spaces, thereby enhancing their overall well-being. To achieve this goal, Bay Minette Rotary Village Inc operates low-income, elderly rental housing, adhering to the guidelines set by the United States Department of Housing and Urban Development. This operation is a long-term commitment, with the organization required to maintain it for a period of 40 years. By providing affordable and safe housing, Bay Minette Rotary Village Inc aims to contribute positively to the lives of its residents, enabling them to live with dignity and independence.
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
October, 2024
Bay Minette Rotary Village Inc significantly impacts the community by providing affordable and safe housing for low-income and elderly citizens in the Bay Minette, Alabama area. The organization ensures that its housing complies with the requirements set by the United States Department of Housing and Urban Development, which is crucial for maintaining standards of safety and affordability. By focusing solely on this mission, it addresses a critical need in the community, helping to improve the quality of life for some of the most vulnerable residents. The commitment to operate for an extended period of 40 years guarantees long-term stability and support, fostering a sense of community and belonging for its residents. This initiative not only enhances living conditions but also contributes to the overall improvement of the Bay Minette area.
This information is meant to be a general summary of Bay Minette Rotary Village 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: $6
- Program Service Revenue: $260,802
- Gross Receipts: $279,808
Assets and Liabilities:
- Total Assets: $1,727,479
- Total Liabilities: $102,911
- Net Assets: $1,624,568
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.
RENTAL INCOME
Revenue
$185,439
TENANT ASSITANCE-RENT
Revenue
$73,482
SECURITY DEPOSIT FOREFI
Revenue
$674
MISC
Revenue
$1,137
LAUNDRY & VENDING
Revenue
$70
Organization Details
Founding Year
1994
Principal Officer
Harold Koons
NTEE Category
Code: S80 - Community improvement
If you are a representative of Bay Minette Rotary Village 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.