Bowdoin Manor Housing Inc

Organization Overview

Bowdoin Manor Housing Inc is located in Boston, MA. The organization was established in 2019. According to its NTEE Classification (L40) the organization is classified as: Temporary Housing, 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. Bowdoin Manor Housing 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, Bowdoin Manor Housing Inc generated $1.8m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 24.0% each year . All expenses for the organization totaled $1.6m during the year ending 12/2021. While expenses have increased by 18.6% per year over the past 5 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

TO OWN AND OPERATE A RESIDENTIAL BUILDING FOR LOW-INCOME INDIVIDUALS

Describe the Organization's Program Activity:

Part 3 - Line 4a

OWNS, OPERATES, MANAGES, AND SERVICES A RESIDENTIAL BUILDING UTILIZED BY LOW INCOME RESIDENTS AND INDIVIDUALS ELIGIBLE FOR COMMONWEALTH OF MASSACHUSETTS DEPARTMENT OF MENTAL HEALTH STAFFED PROGRAMS. BMH INC. OPERATES 120 SINGLE ROOM OCCUPANCY UNITS, WHICH ARE RESERVED FOR LOW INCOME, DISABLED AND FORMERLY HOMELESS INDIVIDUALS. BMH INC. ALSO PROVIDES ON-SITE CASE MANAGEMENT SERVICES.


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Board, Officers & Key Employees

Name (title)Compensation
Bruce Henderson
Chair
$0
Daniel Bancroft
Vice Chair
$0
Iva Comey
President
$0
Tamirirashe Gambiza
Treasurer
$0
Kevin R Kelly
Chief Financial Officer (until Nov. 2021)
$0
Alexander Schultz
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $1,229,363
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$1,229,363
Total Program Service Revenue$385,663
Investment income $513
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $95,673
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 $1,802,793

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