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Bradley Homes For The Elderly 3Inc

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

EIN: 630951984 ✦ Montgomery, AL ✦ Designated as a 501(c)(3)

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Overview

What is Bradley Homes For The Elderly 3Inc?

Bradley Homes for the Elderly 3 Inc, established in Montgomery, Alabama, is a nonprofit organization dedicated to providing affordable housing options for the elderly population. Their mission revolves around catering to the unique needs of elderly individuals, offering tailored housing solutions within their affordable housing program. The company's primary activity is to serve as a reliable housing alternative for the elderly community, striving to enhance their quality of life.

Is Bradley Homes For The Elderly 3Inc legitimate?

Bradley Homes For The Elderly 3Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bradley Homes For The Elderly 3Inc 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: $12,126

For more financial information, click here

What is the mission statement of Bradley Homes For The Elderly 3Inc?

Bradley Homes for the Elderly 3 Inc., as an organization, was established with the primary purpose of providing affordable housing for the elderly population. Their mission is centered around offering housing solutions that cater specifically to the needs of the elderly, ensuring that they have a viable and economical housing option available to them. The company's programs are designed to meet the unique requirements of the elderly, providing them with affordable housing options tailored to their specific needs.

Who is the CEO of Bradley Homes For The Elderly 3Inc?

Leon Bradley is the Chairman Sec of Bradley Homes For The Elderly 3Inc.

What is the revenue of Bradley Homes For The Elderly 3Inc?

Bradley Homes For The Elderly 3Inc's revenue in 2022 was $255,119.

Who are the executives of Bradley Homes For The Elderly 3Inc and what are their salaries?

The average compensation at Bradley Homes For The Elderly 3Inc during 2022 was $6,063. There are 2 employees at Bradley Homes For The Elderly 3Inc.


Here are 3 key members and their salaries:


Leon Bradley (Chairman Sec)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eyre Cook (Vice Charima)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerome Bradley (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Bradley Homes For The Elderly 3Inc?

Bradley Homes For The Elderly 3Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Bradley Homes For The Elderly 3Inc

Bradley Homes for the Elderly 3, a nonprofit organization, was established with the primary objective of providing affordable housing for the elderly population. Their mission is to offer suitable and economical housing options tailored to the specific needs of the elderly community. The company's programs are designed to ensure that elderly individuals have a comfortable and affordable living space, thereby addressing a vital social issue. By providing affordable housing, Bradley Homes for the Elderly 3 contributes to the well-being of the elderly population, enabling them to live with dignity and independence.

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Impact




October, 2024

Bradley Homes For The Elderly 3Inc significantly improves the quality of life for senior citizens in Montgomery, AL, by providing affordable housing specifically designed to meet their needs. The organization addresses a critical issue in the community, ensuring that elderly individuals have access to safe, comfortable, and economically feasible living arrangements.

By offering tailored housing options, Bradley Homes contributes to the well-being and independence of seniors, helping them to remain active and engaged in their community. The availability of affordable housing reduces financial stress for elderly residents, allowing them to allocate their resources to healthcare, nutrition, and other essential services. This not only enhances their overall quality of life but also fosters a sense of belonging and community among residents.

Moreover, the presence of such housing options can positively affect the local economy, as it helps to stabilize the housing market by providing a necessary resource for a vulnerable population. By focusing on the elderly, Bradley Homes For The Elderly 3Inc plays a crucial role in promoting dignity, respect, and the right of every individual to live in a suitable environment as they age.




This information is meant to be a general summary of Bradley Homes For The Elderly 3Inc. 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
$255,119 (2022)
Expenses
$211,071 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2
  • Program Service Revenue: $255,117
  • Gross Receipts: $255,119

Assets and Liabilities:

  • Total Assets: $81,751
  • Total Liabilities: $412,365
  • Net Assets: -$330,614

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Programs

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

HAP AND TENANT RENTAL INCOME

Revenue

$253,292

LAUNDRY

Revenue

$1,530

DAMAGES/CLEANING

Revenue

$295

Organization Details

Founding Year

1987

Principal Officer

Leon Bradley

Main Address

5960 CARMICHAEL PLACE STE 200, MONTGOMERY, AL, 36117

NTEE Category

Code: L21Z - Housing

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