Brownstone Gardens Inc

Organization Overview

Brownstone Gardens Inc is located in East Longmeadow, MA. The organization was established in 2018. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Brownstone Gardens 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, Brownstone Gardens Inc generated $1.6m in total revenue. All expenses for the organization totaled $1.3m during the year ending 12/2021. While expenses have increased by 186.3% per year over the past 2 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

LOW INCOME ELDERLY HOUSING.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE HOUSING FOR APPROXIMATELY 135 LOW INCOME ELDERLY RESIDENTS.


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Board, Officers & Key Employees

Name (title)Compensation
Alan Van Tassel
President
$0
James Broderick Jr
Vice President
$0
Amy Ferrero
Treasurer/secretary
$0
Raymond C Miller
Director
$0
Eric H Madison
Director
$0
Marilyn Richards
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Saloomey Construction
Construction
$5,358,470
Carr Property Management
Management Services
$546,846
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $484,977
All other contributions, gifts, grants, and similar amounts not included above$525
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$485,502
Total Program Service Revenue$1,128,121
Investment income $1,940
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 $1,622,181

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