Alabama Baptist Retirement Centers Inc

Organization Overview

Alabama Baptist Retirement Centers Inc is located in Montgomery, AL. The organization was established in 2008. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, Alabama Baptist Retirement Centers Inc employed 7 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Alabama Baptist Retirement Centers Inc 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, Alabama Baptist Retirement Centers Inc generated $923.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $634.9k during the year ending 12/2021. 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

THE ALABAMA BAPTIST RETIREMENT CENTERS, INC.'S MISSION IS TO PROVIDE QUALITY LOW INCOME HOUSING TO SENIOR CITIZENS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

APARTMENT RENTALS TO SENIOR CITIZENS AND THE MANAGEMENT AND SPONSORSHIP OF QUALITY LOW INCOME ELDERLY HOUSING.


APARTMENT RENTALS TO SENIOR CITIZENS AND THE MANAGEMENT AND SPONSORSHIP OF QUALITY LOW INCOME ELDERLY HOUSING.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$195,419
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$13,375
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$208,794
Total Program Service Revenue$483,308
Investment income $142,675
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $923,077

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