Overview
What is Better Opportunities Builder Inc?
Better Opportunities Builder Inc is a nonprofit organization situated in Fresno, California. Their primary focus is on acquiring, managing, and developing affordable housing options for low-income families. They are committed to this mission, aiming to provide a stable living environment for families with modest income levels. Their activities are centered around the acquisition, maintenance, and development of affordable housing properties, which are essential in addressing the housing needs of economically disadvantaged families.
Is Better Opportunities Builder Inc legitimate?
Better Opportunities Builder Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Better Opportunities Builder 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
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What is the mission statement of Better Opportunities Builder Inc?
Better Opportunities Builder Inc's mission is centered around providing affordable housing solutions. They aim to acquire, manage, and develop housing units for families with low to moderate income levels. The organization's primary objective is to make housing affordable for this demographic, contributing to their overall well-being and stability. Their interests extend to income-generating investments in low-income housing rental real estate.
Who is the CEO of Better Opportunities Builder Inc?
Tammy Townsend is the Director, Business Represe of Better Opportunities Builder Inc. The CEO's salary of Better Opportunities Builder Inc is $0 and their total compensation is $0.
What is the revenue of Better Opportunities Builder Inc?
Better Opportunities Builder Inc's revenue in 2022 was $363,416.
Who are the executives of Better Opportunities Builder Inc and what are their salaries?
Here are 6 key members and their salaries (Better Opportunities Builder Inc's CEO's salary is $0 and their total compensation is $0):
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Where can I find the form 990 for Better Opportunities Builder Inc?
Better Opportunities Builder Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Better Opportunities Builder Inc
Better Opportunities Builder Inc, as a nonprofit organization, is dedicated to providing affordable housing for families with low to moderate incomes. Their mission is twofold: firstly, they aim to acquire, manage, and develop properties that will serve as affordable housing options for these families. Secondly, the interest and investment in low-income housing rental real estate form a significant part of their activities. By focusing on this mission, Better Opportunities Builder Inc contributes to the provision of stable and affordable living environments, thereby supporting the well-being and security of the families they serve.
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Impact
October, 2024
Better Opportunities Builder Inc focuses on acquiring, managing, and developing affordable housing specifically for low-income families. By investing in low-income housing rental real estate, the organization plays a crucial role in addressing the housing crisis faced by disadvantaged communities in Fresno, CA.
Through its efforts, the organization not only helps families secure stable and affordable housing but also contributes to the overall economic stability and growth of the community. By providing accessible housing options, it enables families to invest in their futures, improve their quality of life, and foster a sense of belonging and community. This impact is particularly significant as it empowers low to moderate-income families, helping to break the cycle of poverty and promote financial independence.
This information is meant to be a general summary of Better Opportunities Builder 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 2022.
- Investment Income: $14,883
- Program Service Revenue: $348,533
- Gross Receipts: $363,416
Assets and Liabilities:
- Total Assets: $8,165,526
- Total Liabilities: $401,323
- Net Assets: $7,764,203
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ASSET MANAGEMENT FEES
Revenue
$262,707
INTEREST
Revenue
$46,774
FLOWTHROUGH PROFIT
Revenue
$19,862
OTHER INCOME
Revenue
$19,190
Organization Details
Founding Year
1998
Phone
(559) 445-8932Principal Officer
Tammy Townsend
Main Address
PO BOX 11863, FRESNO, CA, 937751863
NTEE Category
Code: L20Z - Housing
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