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Bridgewell Lynn Housing Corporation

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

EIN: 800649502 ✦ Peabody, MA ✦ Designated as a 501(c)(3)

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Overview

What is Bridgewell Lynn Housing Corporation?

Bridgewell Lynn Housing Corporation, located in Peabody, Massachusetts, is a nonprofit organization dedicated to providing affordable housing for elderly and disabled individuals. Their primary mission involves acquiring, constructing, rehabilitating, and operating a housing complex, comprising ten units, specifically designed for low-income elderly or disabled persons. This initiative aims to contribute to the community by offering suitable living arrangements for those in need.


Official website here: www.bridgewell.org

Is Bridgewell Lynn Housing Corporation legitimate?

Bridgewell Lynn Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bridgewell Lynn Housing Corporation 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.bridgewell.org

What is the mission statement of Bridgewell Lynn Housing Corporation?

Bridgewell Lynn Housing Corporation's primary mission is centered around providing affordable housing solutions. Specifically, they aim to acquire, construct, or rehabilitate a housing complex consisting of ten units, which will then be rented out to low-income elderly or disabled individuals. This corporation's mission can be summarized as being dedicated to the provision of housing for those in need, particularly the elderly and disabled, in an effort to support their livelihoods.


Official website here: www.bridgewell.org

Who is the CEO of Bridgewell Lynn Housing Corporation?

Christopher Tuttle is the Ceo of Bridgewell Lynn Housing Corporation. The CEO's salary of Bridgewell Lynn Housing Corporation is $0 and their total compensation is $306,702.


Official website here: www.bridgewell.org

What is the revenue of Bridgewell Lynn Housing Corporation?

Bridgewell Lynn Housing Corporation's revenue in 2022 was $105,026.


Official website here: www.bridgewell.org

Who are the executives of Bridgewell Lynn Housing Corporation and what are their salaries?

There 3 volunteers at Bridgewell Lynn Housing Corporation.


Here are 7 key members and their salaries (Bridgewell Lynn Housing Corporation's CEO's salary is $0 and their total compensation is $306,702):


Robert Hallett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Samuel Hoff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jane Puffer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristin Guido (Clerk)
  • Compensation: $0
  • Related: $63,916
  • Other: $29,645
Christopher Tuttle (Ceo)
  • Compensation: $0
  • Related: $273,404
  • Other: $33,298
Kenneth Halkin (Treasurer/Cfo)
  • Compensation: $0
  • Related: $195,526
  • Other: $26,570
Elaine White (Coo)
  • Compensation: $0
  • Related: $175,903
  • Other: $26,282


Official website here: www.bridgewell.org

Where can I find the form 990 for Bridgewell Lynn Housing Corporation?

Bridgewell Lynn Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.bridgewell.org

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

Mission Statement of Bridgewell Lynn Housing Corporation

Bridgewell Lynn Housing Corporation is dedicated to providing low-income housing for elderly and disabled individuals. Their mission is to acquire, construct, or rehabilitate a ten-unit housing complex, which will then be rented out to this specific group of people in need. By offering affordable housing, Bridgewell Lynn Housing Corporation aims to contribute positively to the lives of these vulnerable individuals, enabling them to live with dignity and independence. The corporation's focus on low-income housing for the elderly and disabled aligns with a broader societal goal to ensure that all individuals, regardless of their age or physical abilities, have access to safe and comfortable living spaces.

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Impact




October, 2024

Bridgewell Lynn Housing Corporation has a significant impact in the community by providing low-income housing specifically designed for elderly and disabled individuals. By acquiring, constructing, rehabilitating, and operating a ten-unit housing complex in Peabody, MA, the organization addresses a critical need for affordable living options in the area. This initiative not only enhances the quality of life for vulnerable populations but also fosters a sense of community and belonging. Ensuring accessible and affordable housing allows elderly and disabled residents to maintain their independence while receiving the support they may need, ultimately contributing to their overall well-being and stability in the community.




This information is meant to be a general summary of Bridgewell Lynn Housing Corporation. 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
$105,026 (2022)
Expenses
$187,206 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $9
  • Program Service Revenue: $43,232
  • Gross Receipts: $105,026

Assets and Liabilities:

  • Total Assets: $1,698,042
  • Total Liabilities: $729,426
  • Net Assets: $968,616

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Programs

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

RENTAL INCOME

Revenue

$43,232

Organization Details

Founding Year

2010

Principal Officer

Christopher Tuttle

Main Address

10 DEARBORN ROAD, PEABODY, MA, 01960

NTEE Category

Code: L21 - Housing

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