Overview
What is Forest Meadow Apartments Inc?
Forest Meadow Apartments Inc is a 15-unit housing complex located in St. Petersburg, Florida (33713). Established under the National Affordable Housing Act's Section 811 Capital Advance, this nonprofit organization provides housing for individuals dealing with chronic mental illness. These residents are also clients of Boley Centers, Inc., a related 501(c)(3) organization. The mission of Forest Meadow Apartments Inc is to offer a living space for individuals with chronic mental health issues, aiming to support and provide them with a suitable environment.
Official website here: www.boleycenters.org
Is Forest Meadow Apartments Inc legitimate?
Forest Meadow Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Forest Meadow Apartments 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: $8,726
For more financial information, click here
Official website here: www.boleycenters.org
What is the mission statement of Forest Meadow Apartments Inc?
Forest Meadow Apartments Inc, as a non-profit organization, is dedicated to providing housing for individuals dealing with chronic mental illness. These individuals are clients of Boley Centers Inc, a related 501(c)(3) organization. The apartment complex, consisting of 15 units, is funded through the National Affordable Housing Act and offers Project Rental Assistance contracts. The primary goal of Forest Meadow Apartments Inc is to offer a secure and supportive living environment for its residents, allowing them to manage their mental health challenges effectively.
Official website here: www.boleycenters.org
Who is the CEO of Forest Meadow Apartments Inc?
Kevin Marrone is the CEO of Forest Meadow Apartments Inc The CEO's salary of Forest Meadow Apartments Inc is $0 and their total compensation is $215,936.
Official website here: www.boleycenters.org
What is the revenue of Forest Meadow Apartments Inc?
Forest Meadow Apartments Inc's revenue in 2024 was $97,393.
Official website here: www.boleycenters.org
Who are the executives of Forest Meadow Apartments Inc and what are their salaries?
There 8 volunteers at Forest Meadow Apartments Inc.
Here are 12 key members and their salaries (Forest Meadow Apartments Inc's CEO's salary is $0 and their total compensation is $215,936):
- Compensation: $0
- Related: $208,614
- Other: $7,322
- Compensation: $0
- Related: $181,766
- Other: $13,810
- Compensation: $0
- Related: $122,081
- Other: $0
- Compensation: $0
- Related: $82,284
- Other: $10,635
- 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
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.boleycenters.org
Where can I find the form 990 for Forest Meadow Apartments Inc?
Forest Meadow Apartments Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.boleycenters.org
Learn more at the official website: www.boleycenters.org
Mission Statement of Forest Meadow Apartments Inc
Forest Meadow Apartments Inc, a nonprofit organization, is dedicated to providing housing for individuals battling chronic mental illnesses. These individuals are clients of Boley Centers, Inc., a related 501(c)(3) organization. The mission of Forest Meadow Apartments Inc is to offer a safe and supportive living environment for these individuals, providing them with the necessary resources to manage their conditions and improve their quality of life. The organization operates a 15-unit apartment complex, funded by a Section 811 Capital Advance of the National Affordable Housing Act, and is equipped with a Project Rental Assistance Contract. All tenants residing in the complex are clients of Boley Centers Inc, ensuring that they receive the comprehensive mental health services they require. By providing housing and supporting services, Forest Meadow Apartments Inc plays a crucial role in empowering and assisting individuals with chronic mental illnesses in their journey towards recovery and independence.
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Impact
October, 2024
Forest Meadow Apartments Inc plays a crucial role in enhancing the lives of individuals with chronic mental illness in St. Petersburg, FL. By providing a dedicated 15-unit apartment complex, it creates a supportive and stable housing environment specifically designed for clients of Boley Centers, Inc. This initiative not only addresses the critical need for affordable housing but also helps foster community and independence among residents.
The association with Boley Centers ensures that tenants receive not only housing but also access to mental health services tailored to their unique needs. This holistic approach significantly improves the quality of life for residents, enabling them to focus on recovery and personal growth in a safe and nurturing setting. The project also exemplifies the impact of the Section 811 Capital Advance under the National Affordable Housing Act, showcasing how targeted housing solutions can effectively support vulnerable populations. Through its mission, Forest Meadow Apartments Inc actively contributes to breaking the cycle of homelessness and mental health challenges, empowering individuals to rebuild their lives.
This information is meant to be a general summary of Forest Meadow Apartments 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 2024.
- Investment Income: $27
- Program Service Revenue: $53,335
- Gross Receipts: $97,393
Assets and Liabilities:
- Total Assets: $472,930
- Total Liabilities: $1,045,898
- Net Assets: -$572,968
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT INCOME - APARTMEN
Revenue
$53,335
Organization Details
Founding Year
1993
Principal Officer
Kevin Marrone
Website
www.boleycenters.orgNTEE Category
Code: L22Z - Housing
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