Big Thompson Manor Inc

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

EIN: 846047546 ✦ Canon city, CO ✦ Designated as a 501(c)(3)

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Overview

What is Big Thompson Manor Inc?

Big Thompson Manor Inc. is a nonprofit organization, established under Colorado's laws, with a mission to serve the community. Situated in Loveland, Colorado, the organization owns and operates a 58-unit apartment complex. This complex is specifically designed for senior residents with modest or low income, ensuring affordable housing options for this demographic. The primary source of income for Big Thompson Manor Inc. is derived from renting out these apartment units. The organization's primary goal is to provide suitable housing for elderly and disabled individuals, contributing positively to the local community.

Is Big Thompson Manor Inc legitimate?

Big Thompson Manor Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Big Thompson 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: $59,563

For more financial information, click here

What is the mission statement of Big Thompson Manor Inc?

Big Thompson Manor Inc's primary mission is centered around providing housing accommodations. Specifically, the organization focuses on serving the needs of elderly and disabled individuals with modest incomes. Through owning and managing a 58-unit apartment complex, Big Thompson Manor Inc. aims to offer affordable living spaces, deriving most of its income from the rental of these units. The organization's mission is to ensure that these vulnerable groups have access to suitable housing, enhancing their quality of life.

Who is the CEO of Big Thompson Manor Inc?

Jay Fernandez is the President of Big Thompson Manor Inc.

What is the revenue of Big Thompson Manor Inc?

Big Thompson Manor Inc's revenue in 2023 was $323,643.

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

There 6 volunteers at Big Thompson Manor Inc.


Here are 6 key members and their salaries:


Jay Fernandez (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Glen Conger (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug Pitman (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Louis Brenner (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
William L Chronic (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Dalpaiz (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Big Thompson Manor Inc?

Big Thompson Manor Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Big Thompson Manor Inc

Big Thompson Manor Inc, as a nonprofit organization, is committed to providing housing for individuals who are elderly or disabled and fall under the category of low or moderate income. Its primary mission is to own and operate an apartment complex, specifically a 58-unit facility, that caters to this specific demographic. The primary source of income for this organization comes from the rental of its apartment units. In essence, Big Thompson Manor Inc plays a vital role in offering affordable housing solutions to those who might otherwise struggle to secure suitable accommodation due to their financial circumstances.

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Impact




October, 2024

Big Thompson Manor Inc. significantly impacts the community by providing affordable housing specifically designed for low-income elderly and disabled citizens. The organization owns and operates a 58-unit apartment complex in Loveland, Colorado, creating an essential resource for vulnerable populations who often struggle to secure stable and affordable living conditions.

By focusing on this demographic, Big Thompson Manor Inc. helps to alleviate housing insecurity among seniors and individuals with disabilities, enabling them to live independently while maintaining their dignity. The availability of affordable housing not only improves their quality of life but also promotes stability, allowing residents to allocate their limited resources towards other essential needs such as healthcare, food, and social activities.

Moreover, the presence of such housing contributes positively to the broader community by fostering diversity and inclusiveness, as well as supporting local services and businesses through increased economic activity. The commitment to providing a safe and nurturing environment for these residents reflects the organization's dedication to enhancing the living conditions and overall well-being of those in need.




This information is meant to be a general summary of Big Thompson 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
$323,643 (2023)
Expenses
$318,097 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $8,591
  • Program Service Revenue: $315,052
  • Gross Receipts: $323,643

Assets and Liabilities:

  • Total Assets: $964,915
  • Total Liabilities: $42,088
  • Net Assets: $922,827

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Programs

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

Low Income Housing Ren

Revenue

$306,099

Laundry and Vending

Revenue

$5,128

Tenant Charges

Revenue

$3,825

Organization Details

Founding Year

1966

Principal Officer

Jay Fernandez

Main Address

1545 Phelps Ave, Canon City, CO, 812124625

NTEE Category

Code: L22 - Housing

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