Building Dreams For Marines Inc
- Assets
- $353.5k
- Revenue
- $175.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Nashua, NH
- Founding
- 08/2011
- Data as of
- 12/2021
- EIN
- 27-4966984
Organization Overview
Building Dreams For Marines Inc is located in Nashua, NH. The organization was established in 2011. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Building Dreams For Marines 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, Building Dreams For Marines Inc generated $175.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.1% each year . All expenses for the organization totaled $93.2k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR PROVIDING DESERVING MARINES WITH THE ABILITY TO LIVE INDEPENDENTLY, THEREBY INCREASING THEIR QUALITY OF LIFE BY REBUILDING AND RENOVATING HOMES TO ADDRESS THEIR SPECIAL NEEDS, AND ALL BUSINESS RELATED THERETO, AS IT RELATES TO QUALIFYING PURPOSES AND DISTRIBUTIONS AS REQUIRED BY SECTION 501 (C) (3).
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION'S PROGRAM IS DESIGNED TO PROVIDE QUALIFYING DISABLED MARINES WITH THE ABILITY TO LIVE INDEPENDENTLY, INCREASING THE QUALITY OF LIFE BY REBUILDING AND RENOVATING HOMES TO ADDRESS THEIR SPECIAL NEEDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Baetz President | Trustee | 0 | $0 |
Gwen Krailo Secretary | Trustee | 5 | $0 |
Jason Climer Board Member | Trustee | 0 | $0 |
Clark Gaphardt Board Member | Trustee | 0 | $0 |
Jeff Cohen Vice Chair | Trustee | 0 | $0 |
Daniel Proulx Jr Board Member | Trustee | 0 | $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 | $114,274 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $114,274 |
| Total Program Service Revenue | $0 |
| Investment income | $113 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $60,725 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $175,112 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,021 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $595 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $75 |
| Fees for services: Accounting | $1,350 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,830 |
| Office expenses | $101 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $803 |
| All other expenses | $359 |
| Total functional expenses | $93,165 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $127,186 |
| Savings and temporary cash investments | $226,343 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $353,529 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $353,529 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $353,529 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Building Dreams For Marines Inc has recieved totaling $10,026.
| Awarding Organization | Amount |
|---|---|
National Christian Chartitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $26 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Barry L Price Rehabilitation Center Inc Newton, MA | $18,773,745 | $10,331,539 |
Specialized Community Care East Middlebury, VT | $2,866,634 | $9,711,783 |
Alternative Supports Inc Waltham, MA | $5,340,686 | $8,453,905 |
Champlain Community Services Inc Colchester, VT | $2,622,484 | $7,818,072 |
Families First In Southern Vermont Inc Brattleboro, VT | $4,414,877 | $8,586,118 |
Northeast Independent Living Program Inc Lawrence, MA | $5,158,467 | $6,938,863 |
The Boston Foundation For Sight Needham, MA | $7,511,659 | $6,445,390 |
Riverside Industries Inc Easthampton, MA | $7,004,376 | $6,274,583 |
Quincy Asian Resources Inc Quincy, MA | $2,397,803 | $5,700,731 |
Boston Center For Independent Living Inc Boston, MA | $3,652,014 | $5,135,842 |
Life Needs Co Op Inc Great Barrington, MA | $1,229,436 | $4,261,100 |
Neads Inc Princeton, MA | $14,166,743 | $5,111,896 |