Senior Living Of Bedford

Organization Overview

Senior Living Of Bedford, operating under the name Bowman Place at Olde Bedford, is located in Bedford, NH. The organization was established in 2019. According to its NTEE Classification (P75) the organization is classified as: Supportive Housing for Older Adults, under the broad grouping of Human Services and related organizations. As of 04/2022, Bowman Place at Olde Bedford employed 65 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bowman Place at Olde Bedford 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 04/2022, Bowman Place at Olde Bedford generated $3.8m in total revenue. All expenses for the organization totaled $8.1m during the year ending 04/2022.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

SENIOR LIVING COMMUNITY

Describe the Organization's Program Activity:

Part 3 - Line 4a

SENIOR LIVING OF BEDFORD ("SLB") WAS FORMED ON DECEMBER 31, 2018 FOR THE PURPOSE OF CONSTRUCTING AND OPERATING A SENIOR LIVING FACILITY IN BEDFORD, NEW HAMPSHIRE. ON APRIL 25, 2019, SLB ENTERED INTO A PURCHASE AND SALE AGREEMENT TO ACQUIRE AN APPROXIMATELY 16 ACRE PARCEL OF LAND LOCATED AT 24 OLD BEDFORD ROAD, BEDFORD, NEW HAMPSHIRE. SLB PLANS TO CONSTRUCT THEREON A 105 UNIT SENIOR HOUSING FACILITY OF APPROXIMATELY 95,800 SQUARE FEET. THIS PROJECT IS PLANNED TO INCLUDE 69 ASSISTED LIVING UNITS AND 36 MEMORY CARE UNITS. THE THREE STORY BUILDING WILL INCLUDE COMMON AREAS FOR DINING, ACTIVITIES, ART AND MUSIC, LIBRARY, AND FITNESS AS WELL AS OFFICE AND SUPPORT SERVICE AREAS. THE FACILITY HAS RECEIVED APPROVALS FROM THE BEDFORD PLANNING BOARD AND WILL BE LICENSED BY THE NEW HAMPSHIRE DEPARTMENT OF HEALTH AND HUMAN SERVICES FOR SUPPORTED RESIDENTIAL CARE. THE FACILITY WILL BE OPERATED BY SLB WITH THE INTENTION OF PROVIDING THE HIGHEST QUALITY SERVICES IN THE MOST COST EFFICIENT MANNER IN ORDER TO MEET THE RESIDENTIAL NEEDS OF SENIORS REQUIRING ASSISTED LIVING AND MEMORY CARE IN THE GREATER BEDFORD, NEW HAMPSHIRE AREA.


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Board, Officers & Key Employees

Name (title)Compensation
Renee Mcallister
Past Executive Director
$118,558
Paul Harrington
Chair
$0
Linda Jacobson
Treasurer
$0
Robert Mccarthy
Vice Chair
$0
Chet Bowen
Secretary
$0
Ken Chalifour
Past Secretary
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Jobin Construction Consultants Llc
Construction Consultant
$110,400
Munson And Associates Llc
Construction Consultant
$127,115
Munson And Associates Llc
Construction Consultant
$127,115
Jobin Construction Consultants Llc
Construction Consultant
$110,400
View All Vendors

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$3,146,948
Investment income $600
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 $3,821,536

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