Overview
What is Breal Inc?
Breal Inc is a nonprofit organization that provides affordable housing for low-income senior citizens. Situated as a 30-unit complex, Breal offers living accommodations at a significantly reduced cost, with utilities included, ensuring a monthly expense of less than $400 or even $350. This initiative caters specifically to the elderly population, offering them a secure and budget-friendly living environment.
Is Breal Inc legitimate?
Breal Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Breal Inc submitted a form 990EZ, 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.
What is the mission statement of Breal Inc?
Breal Inc is dedicated to providing affordable housing for low-income senior citizens. Their mission is to operate an ultra low-cost senior housing apartment complex, offering accommodation at under $400 per month, inclusive of all utilities. This price point is significantly lower than the average market rate, making it an accessible option for seniors with limited income. The complex, which houses 30 units, is committed to ensuring that senior citizens can maintain a decent living standard without worrying about excessive housing expenses.
Who is the CEO of Breal Inc?
Brett Murdock is the President of Breal Inc.
What is the revenue of Breal Inc?
Breal Inc's revenue in 2023 was $122,470.
Who are the executives of Breal Inc and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990EZ for Breal Inc?
Breal Inc's most recent form 990EZ was submitted in 2023 and can be accessed here.
Mission Statement of Breal Inc
Breal Inc, a nonprofit organization, is dedicated to providing affordable housing for low-income senior citizens. The mission of Breal Inc is to offer 30-unit senior housing apartments at a cost of less than $400 per month, including all utilities. This ultra-low-cost housing option aims to make living comfortable for elderly individuals who may be on limited income. Breal Inc's housing complex is an invaluable resource, providing shelter at a significantly reduced rate, enabling seniors to maintain a decent standard of living without financial strain.
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Impact
October, 2024
Breal Inc significantly impacts the community by addressing the critical need for affordable housing options for low-income senior citizens in Brea, CA. By providing 30 units of ultra-low-cost senior housing at rates below $350 per month, including all utilities, Breal Inc alleviates the financial burden many seniors face, enabling them to maintain a stable living environment. This initiative not only enhances the quality of life for residents but also fosters a sense of community and security among seniors, allowing them to thrive in their golden years. Breal Inc stands as a vital resource in promoting dignity and independence for vulnerable populations, contributing positively to both the individual lives of residents and the broader community.
This information is meant to be a general summary of Breal 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 2023.
- Investment Income: $23
- Program Service Revenue: $114,029
- Gross Receipts: $122,470
Assets and Liabilities:
- Total Assets: $152,524
- Total Liabilities: $32,630
- Net Assets: $119,894
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Organization Details
Phone
(714) 990-1217Principal Officer
Brett Murdock
Main Address
111 N Orange Ave, Brea, CA, 92821
NTEE Category
Code: L22Z - Housing
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