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Bessie Boley Foundation Inc C/O Boley Centers Inc

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

EIN: 596165239 ✦ St petersburg, FL ✦ Designated as a 501(c)(3)

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Overview

What is Bessie Boley Foundation Inc C/O Boley Centers Inc?

The Bessie Boley Foundation Inc, operating under the umbrella of Boley Centers Inc, is a charitable organization based in St. Petersburg, Florida. Its primary focus is to support mental health care, primarily through Boley Centers Inc. This support encompasses a wide range of initiatives, including research, therapy, housing, and various other forms of aid. The goal is to help individuals in need maintain, gain, or regain their mental health. The foundation collects income from investments and uses it to fund these initiatives, ultimately aiming to make a significant impact on the lives of those struggling with mental health issues.


Official website here: www.boleycenters.org

What are the reviews and ratings of this charity?

Charity Navigator Rating 97% - Four-Star out of Four Stars .ating.

The Bessie Boley Foundation Inc. has achieved a notable Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The rating is primarily based on a single beacon score, reflecting the organization’s commitment to transparency and effective financial management. The foundation scored perfectly on various metrics, including the independence of its board members and the absence of asset diversion, showcasing its strong governance.

Strengths of the organization include a fully independent board and an impressive program expense ratio of 84.27%, suggesting that the vast majority of its funds are directed towards its programs rather than administrative costs. Additionally, the foundation has established robust policies, including those for conflict of interest and whistleblower protections, enhancing its operational integrity and trustworthiness.

Despite its strong performance, the summary does not indicate any areas of significant concern or limitations in the organization’s operations. Overall, the Bessie Boley Foundation Inc. exemplifies a well-managed nonprofit dedicated to its mission, with a strong emphasis on accountability and financial responsibility.


This AI summary has been generated from information found on Charity Navigator.

Is Bessie Boley Foundation Inc C/O Boley Centers Inc legitimate?

Bessie Boley Foundation Inc C/O Boley Centers Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bessie Boley Foundation Inc C/O Boley Centers 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.boleycenters.org

What is the mission statement of Bessie Boley Foundation Inc C/O Boley Centers Inc?

The Bessie Boley Foundation Inc, operating under the umbrella of Boley Centers Inc, is dedicated to supporting various aspects of mental health care. Specifically, their mission involves providing research, therapy, housing, and all other forms of aid to individuals in need, with the aim of helping them maintain, gain, or regain their mental health. This is achieved through their affiliation with Boley Centers Inc, an organization that specializes in mental health care. The foundation collects income from investments, which is then distributed to Boley Centers Inc to fund their operations and continue their work in mental health care.


Official website here: www.boleycenters.org

Who is the CEO of Bessie Boley Foundation Inc C/O Boley Centers Inc?

Kevin Marrone is the Treasurer of Bessie Boley Foundation Inc C/O Boley Centers Inc.


Official website here: www.boleycenters.org

What is the revenue of Bessie Boley Foundation Inc C/O Boley Centers Inc?

Bessie Boley Foundation Inc C/O Boley Centers Inc's revenue in 2022 was $103,398.


Official website here: www.boleycenters.org

Who are the executives of Bessie Boley Foundation Inc C/O Boley Centers Inc and what are their salaries?

There 6 volunteers at Bessie Boley Foundation Inc C/O Boley Centers Inc.


Here are 7 key members and their salaries:


Rutland Bussey (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martin T Lott (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul V Misiewicz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Markus Mittermayr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leonard Coley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandra Incorvia (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Marrone (Executive Di)
  • Compensation: $0
  • Related: $151,367
  • Other: $15,137


Official website here: www.boleycenters.org

Where can I find the form 990 for Bessie Boley Foundation Inc C/O Boley Centers Inc?

Bessie Boley Foundation Inc C/O Boley Centers Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.boleycenters.org

Learn more at the official website: www.boleycenters.org

Mission Statement of Bessie Boley Foundation Inc C/O Boley Centers Inc

The Bessie Boley Foundation Inc C/O Boley Centers Inc is dedicated to extending support for research, therapy, housing, and all other forms of aid to individuals in need of mental health assistance. By collaborating with Boley Centers Inc, its supported organization, the foundation aims to help those struggling to maintain, regain, or achieve mental health stability.

In essence, the Bessie Boley Foundation Inc C/O Boley Centers Inc collects income from investments and distributes it to Boley Centers Inc, an organization specializing in mental health care. This partnership allows for the provision of comprehensive mental health services, ultimately aiming to improve the lives of those seeking help. The foundation's mission is a testament to its commitment to mental health care and the belief that everyone deserves access to the necessary resources for maintaining, regaining, or even improving their mental wellbeing.

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Impact




June, 2024

The Bessie Boley Foundation Inc C/O Boley Centers Inc plays a crucial role in supporting research, therapy, housing, and various forms of aid for individuals in need of mental health care. By collecting income from investments and distributing it to Boley Centers Inc, this organization significantly contributes to the maintenance, improvement, and restoration of mental health for those in need. Through their efforts, they are actively helping individuals in the community access the necessary resources and support to enhance their mental well-being.




This information is meant to be a general summary of Bessie Boley Foundation Inc C/O Boley Centers 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
$103,398 (2022)
Expenses
$111,935 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $103,398
  • Gross Receipts: $294,566

Assets and Liabilities:

  • Total Assets: $2,754,563
  • Total Liabilities: $0
  • Net Assets: $2,754,563

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Organization Details

Founding Year

1971

Principal Officer

Kevin Marrone

Main Address

445 31ST STREET NORTH, ST PETERSBURG, FL, 33713

NTEE Category

Code: F110 - Mental health

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