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Boscobel Heights Development Company Inc

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

EIN: 831126768 ✦ Nashville, TN ✦ Designated as a 501(c)(3)

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Overview

What is Boscobel Heights Development Company Inc?

Boscobel Heights Development Company Inc is a nonprofit organization situated in Nashville, Tennessee. Their primary mission is to support the Metropolitan Development and Housing Agency, an entity dedicated to providing affordable housing opportunities, enhancing neighborhoods, strengthening communities, and contributing to the growth of Nashville as a whole. In particular, Boscobel Heights is involved in financing the construction of a K-8 charter school facility, which will subsequently be leased to the Metropolitan Development and Housing Agency. This collaborative effort aims to contribute to the education and community development in Nashville.

Is Boscobel Heights Development Company Inc legitimate?

Boscobel Heights Development Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Boscobel Heights Development Company 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 Boscobel Heights Development Company Inc?

Boscobel Heights Development Company Inc supports the mission of the Metropolitan Development and Housing Agency, which aims to create affordable housing opportunities, support neighborhoods, strengthen communities, and contribute to building a greater Nashville. The company's role is to assist in this mission by providing financing for the construction of a K-8 charter school facility, which is then leased to the Metropolitan Development and Housing Agency. This partnership helps in expanding educational opportunities and contributing to the overall development of the community.

Who is the CEO of Boscobel Heights Development Company Inc?

Troy D White is the President of Boscobel Heights Development Company Inc.

What is the revenue of Boscobel Heights Development Company Inc?

Boscobel Heights Development Company Inc's revenue in 2022 was $950,000.

Who are the executives of Boscobel Heights Development Company Inc and what are their salaries?


Here are 10 key members and their salaries:


Emily Thaden (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Danny Herron (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anna Page (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melinda Hatfield (Director Of Finance)
  • Compensation: $0
  • Related: $146,822
  • Other: $0
James Harbison (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Cain (Director Of Urban Development)
  • Compensation: $0
  • Related: $151,500
  • Other: $0
James Thiltgen (Deputy Executive Director)
  • Compensation: $0
  • Related: $150,660
  • Other: $0
Julia Moss (Director Of Affordable Housing)
  • Compensation: $0
  • Related: $140,750
  • Other: $0
Norman Deep (Director Of Rental Assistance)
  • Compensation: $0
  • Related: $138,264
  • Other: $0
Michael Wegerson (Director Of Construction)
  • Compensation: $0
  • Related: $130,098
  • Other: $0
Where can I find the form 990 for Boscobel Heights Development Company Inc?

Boscobel Heights Development Company Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Boscobel Heights Development Company Inc

Boscobel Heights Development Company Inc is committed to supporting the Metropolitan Development and Housing Agency, an organization with a mission to create affordable housing opportunities, strengthen communities, and help build a greater Nashville. In line with this mission, Boscobel Heights Development Company Inc plays a crucial role by financing community development entities to construct a K-8 charter school facility. This facility is then leased to the Metropolitan Development and Housing Agency, thereby contributing to the agency's efforts in providing educational opportunities and supporting neighborhoods. In essence, Boscobel Heights Development Company Inc is an integral part of the Metropolitan Development and Housing Agency's mission, working towards creating a more affordable and vibrant community in Nashville.

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Impact




October, 2024

Boscobel Heights Development Company Inc. plays a pivotal role in enhancing the quality of life in Nashville by partnering with the Metropolitan Development and Housing Agency (MDHA). Its primary focus is on fostering affordable housing opportunities, which is crucial for the development of strong neighborhoods and resilient communities. This support enables MDHA to pursue initiatives that directly address the housing needs of the community, ensuring that more residents have access to safe and affordable living spaces.

In addition to its housing initiatives, Boscobel Heights Development Company Inc. is also actively involved in education by facilitating the construction of a K-8 charter school facility. This investment not only provides educational resources to families but also contributes to the overall betterment of the community by nurturing the next generation of leaders and engaged citizens.

By channeling financing through community development entities, Boscobel Heights is making strategic investments that bolster both housing and education, which are essential elements in building a greater Nashville. The cumulative effect of these efforts significantly strengthens community ties and promotes socio-economic development, positioning Nashville as a more inclusive and vibrant city for all its residents.




This information is meant to be a general summary of Boscobel Heights Development Company 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
$950,000 (2022)
Expenses
$1,995,430 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $950,000

Assets and Liabilities:

  • Total Assets: $26,709,682
  • Total Liabilities: $27,515,856
  • Net Assets: -$806,174

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Organization Details

Founding Year

2018

Principal Officer

Troy D White

Main Address

701 S 6TH STREET, NASHVILLE, TN, 37206

NTEE Category

Code: S47 - Community improvement

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