Bowen Residential Inc
- Assets
- $178.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Warsaw, IN
- Founding
- 04/1991
- Data as of
- 06/2022
- EIN
- 35-1815690
Organization Overview
Bowen Residential Inc is located in Warsaw, IN. The organization was established in 1991. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, 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. Bowen Residential 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 06/2022, Bowen Residential Inc generated $74.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $83.0k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION PROVIDES AFFORDABLE HOUSING IN A GROUP HOME ENVIRONMENT TO HANDICAPPED INDIVIDUALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brent Martin Director | 1 | $0 | |
Pam Kennedy Director | 1 | $0 | |
Kurt Garner Director | 1 | $0 | |
Kurt Carlson President | 1 | $0 | |
Jeremy Skinner Director | 1 | $0 | |
Dan Woods Secretary/treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $74,149 |
| Membership dues | $0 |
| Investment income | $7 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $655 |
| Total Revenue | $74,811 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $4,965 |
| Professional fees and other payments to independent contractors | $6,106 |
| Occupancy, rent, utilities, and maintenance | $46,697 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $25,246 |
| Total expenses | $83,014 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $43 |
| Other assets | $0 |
| Total assets | $178,686 |
| Total liabilities | $456,540 |
| Net assets or fund balances | -$277,854 |
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