Bhi Properties Llc

Organization Overview

Bhi Properties Llc is located in Louisville, KY. The organization was established in 2006. According to its NTEE Classification (L11) the organization is classified as: Single Organization Support, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bhi Properties Llc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Bhi Properties Llc generated $1.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.7% each year . All expenses for the organization totaled $1.1m during the year ending 12/2021. While expenses have increased by 1.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

IN KEEPING WITH THE SPIRIT AND TEACHING OF JESUS CHRIST, IN WHOSE NAME THIS MINISTRY WAS FOUNDED AND SUSTAINED, IS TO PROVIDE A FACILITY FOR ELDERLY AND RETIREMENT NURSING CARE LOCATED IN LOUISVILLE, KENTUCKY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

RENTAL OF ELDERLY AND RETIREMENT NURSING FACILITY AND PERSONAL CARE FACILITY IN LOUISVILLE, KENTUCKY TO RELATED ORGANIZATIONS WHO OPERATE THE FACILITIES AND PROVIDE NURSING CARE TO THE ELDERLY.


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Board, Officers & Key Employees

Name (title)Compensation
Lawrence Dauenhauer
President/secretary/treasu
$0
John Dotson
Trustee
$0
Ray Hayes
Trustee
$0
Walter Jones
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$1,088,627
Investment income $170
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $570,000
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,658,797

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