Overview
What is Bowdoin Manor Housing Inc C/O Commonwealth Land Trust?
Bowdoin Manor Housing Inc C/O Commonwealth Land Trust is a nonprofit organization situated in Boston, Massachusetts. Its primary mission is to own and operate a residential building, providing shelter for individuals with low incomes. The organization operates 120 single room occupancy units, specifically reserved for low-income, disabled, and formerly homeless individuals. Additionally, Bowdoin Manor Housing Inc offers on-site case management services to support its residents. The organization is dedicated to offering a safe and supportive living environment for those in need.
Official website here: www.commonwealthlandtrust.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 77%, Three-Star out of Four Star rating.
Bowdoin Manor Housing Inc C/O Commonwealth Land Trust has received a Three-Star rating from Charity Navigator, indicating a moderate level of accountability and financial health. The rating is based solely on the organization's performance in the Accountability & Finance category, showcasing a strong commitment to transparency and governance practices.
The organization excels in several key areas, including having a fully independent board with a majority of independent members and a strong audit and oversight committee. Their financial practices are backed by well-documented policies, including conflict of interest and whistleblower policies, which contribute to a high level of accountability. Additionally, the program expense ratio is notably high at 93.17%, indicating that a significant portion of their resources is directed towards their mission.
However, the organization faces challenges in its liabilities to assets ratio, which stands at 73.36%, impacting its financial stability score. While the overall governance appears strong, addressing this financial metric could enhance their performance rating and further bolster donor confidence in their fiscal management.
This AI summary has been generated from information found on Charity Navigator.
Is Bowdoin Manor Housing Inc C/O Commonwealth Land Trust legitimate?
Bowdoin Manor Housing Inc C/O Commonwealth Land Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bowdoin Manor Housing Inc C/O Commonwealth Land Trust 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.commonwealthlandtrust.org
What is the mission statement of Bowdoin Manor Housing Inc C/O Commonwealth Land Trust?
Bowdoin Manor Housing Inc. C/O Commonwealth Land Trust is dedicated to owning and operating a residential building for low-income individuals. This organization provides a living space for individuals with low income, as well as those eligible for Massachusetts Department of Mental Health staffed programs. The building, which houses 120 single room occupancy units, is specifically reserved for low-income, disabled, and formerly homeless individuals. Additionally, Bowdoin Manor Housing Inc. offers on-site case management services to support its residents.
Official website here: www.commonwealthlandtrust.org
Who is the CEO of Bowdoin Manor Housing Inc C/O Commonwealth Land Trust?
Iva Comey is the President of Bowdoin Manor Housing Inc C/O Commonwealth Land Trust.
Official website here: www.commonwealthlandtrust.org
What is the revenue of Bowdoin Manor Housing Inc C/O Commonwealth Land Trust?
Bowdoin Manor Housing Inc C/O Commonwealth Land Trust's revenue in 2022 was $2,066,220.
Official website here: www.commonwealthlandtrust.org
Who are the executives of Bowdoin Manor Housing Inc C/O Commonwealth Land Trust and what are their salaries?
Here are 11 key members and their salaries:
- Compensation: $0
- Related: $180,229
- Other: $539
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $124,435
- Other: $1,608
Official website here: www.commonwealthlandtrust.org
Where can I find the form 990 for Bowdoin Manor Housing Inc C/O Commonwealth Land Trust?
Bowdoin Manor Housing Inc C/O Commonwealth Land Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.commonwealthlandtrust.org
Learn more at the official website: www.commonwealthlandtrust.org
Mission Statement of Bowdoin Manor Housing Inc C/O Commonwealth Land Trust
Bowdoin Manor Housing Inc C/O Commonwealth Land Trust is a nonprofit organization with a mission to provide housing for low-income individuals. In fulfilling this mission, they own and operate a residential building, serving as a home for individuals who meet certain income criteria. The building is also reserved for individuals with disabilities and those who have previously experienced homelessness. Beyond just providing a place to live, Bowdoin Manor Housing Inc offers on-site case management services to its residents. These services are designed to provide support and resources to help individuals navigate their circumstances and improve their lives. The organization operates 120 single room occupancy units, demonstrating its commitment to providing affordable housing options for those in need.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Bowdoin Manor Housing Inc, operating under Commonwealth Land Trust, has a significant impact on low-income individuals in Boston by providing stable and affordable housing. The organization owns and operates a residential building with 120 single room occupancy units specifically reserved for low-income, disabled, and formerly homeless individuals. By offering on-site case management services, Bowdoin Manor Housing Inc plays a crucial role in supporting the residents' well-being and helping them maintain housing stability. Overall, the organization's efforts contribute to addressing the housing needs of vulnerable populations in the community.
This information is meant to be a general summary of Bowdoin Manor Housing Inc C/O Commonwealth Land Trust. 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: $632
- Program Service Revenue: $390,717
- Gross Receipts: $2,066,220
Assets and Liabilities:
- Total Assets: $7,363,632
- Total Liabilities: $5,402,170
- Net Assets: $1,961,462
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$385,254
PROGRAM SERVICE FEES
Revenue
$5,463
Organization Details
Founding Year
2017
Phone
(617) 445-4075Principal Officer
Iva Comey
Main Address
1059 TREMONT STREET SUITE 2, BOSTON, MA, 02120
NTEE Category
Code: L40 - Housing
If you are a representative of Bowdoin Manor Housing Inc C/O Commonwealth Land Trust and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.