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Burroughs Manor Inc

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

EIN: 731124865 ✦ Bartlesville, OK ✦ Designated as a 501(c)(3)

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Overview

What is Burroughs Manor Inc?

Burroughs Manor Inc, based in Bartlesville, Oklahoma, is a 50-unit nonprofit organization that offers affordable housing specifically designed for elderly residents residing in Vinita, Oklahoma. Their primary mission revolves around providing a comfortable living space for this demographic, contributing significantly to the local community. The organization does not seem to have any additional programs or services beyond this core aspect, as indicated by the consistent description of their activity and mission.

Is Burroughs Manor Inc legitimate?

Burroughs Manor Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Burroughs Manor 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 Burroughs Manor Inc?

Burroughs Manor Inc, as an organization, is dedicated to providing affordable housing for the elderly residing in various communities. Specifically, they operate a 50-unit residential complex to cater to this need. The primary focus of Burroughs Manor Inc is to make housing accessible and affordable for the elderly, ensuring they can maintain a dignified living standard. While the information provided does not detail any advocacy or support initiatives, it is clear that the organization's mission revolves around the provision of affordable housing for the elderly population.

Who is the CEO of Burroughs Manor Inc?

Jim Ratcliff is the President of Burroughs Manor Inc.

What is the revenue of Burroughs Manor Inc?

Burroughs Manor Inc's revenue in 2022 was $400,003.

Who are the executives of Burroughs Manor Inc and what are their salaries?


Here are 3 key members and their salaries:


Sarah Bruce (Vice-Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Liz Logan (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Ratcliff (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Burroughs Manor Inc?

Burroughs Manor Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Burroughs Manor Inc

Burroughs Manor Inc, a nonprofit organization, is dedicated to providing affordable housing for the elderly community. Situated in Vinita, Oklahoma, this residential complex serves as a home for elderly residents, ensuring they can live comfortably without straining their financial resources. The mission of Burroughs Manor Inc is twofold: firstly, it aims to provide a secure and affordable living space for the elderly, enabling them to maintain their independence and dignity. Secondly, the organization seeks to enhance the quality of life for its residents by offering them a supportive environment where they can age gracefully. By providing affordable housing, Burroughs Manor Inc contributes to the well-being of its elderly community, ensuring they have a safe and comfortable place to call home.

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Impact




October, 2024

Burroughs Manor Inc significantly contributes to the wellbeing of the elderly community in Vinita, Oklahoma, by providing a 50-unit residential complex that offers affordable housing. This initiative addresses the pressing need for accessible living arrangements for seniors, ensuring they have a safe and supportive environment. The impact of such affordable housing is profound, as it allows elderly residents to maintain independence while fostering a sense of community and belonging. By alleviating the financial burden of housing, Burroughs Manor Inc enhances the quality of life for its residents, enabling them to focus on their health, social engagement, and overall happiness.




This information is meant to be a general summary of Burroughs Manor 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
$400,003 (2022)
Expenses
$440,700 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $361
  • Program Service Revenue: $397,403
  • Gross Receipts: $400,003

Assets and Liabilities:

  • Total Assets: $566,446
  • Total Liabilities: $1,194,079
  • Net Assets: -$627,633

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Programs

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

TENANT RECEIPTS

Revenue

$202,937

HUD SUBSIDY

Revenue

$181,846

SPECIAL CLAIMS

Revenue

$6,952

LAUNDRY AND VENDING

Revenue

$3,228

TENANT CHARGES

Revenue

$1,291

Organization Details

Founding Year

1981

Principal Officer

Jim Ratcliff

Main Address

398060 W 2200 RD, BARTLESVILLE, OK, 74006

NTEE Category

Code: L20Z - Housing

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