Believe In Grace Inc
- Assets
- $500.0
- Revenue
- $7.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Vero Beach, FL
- Founding
- Data as of
- 12/2021
- EIN
- 85-3584285
Organization Overview
Believe In Grace Inc is located in Vero Beach, FL. 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. Believe In Grace Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
OWNING, OPERATING OR DEVELOPING AFFORDABLE RENTAL HOUSING FOR ELIGIBLE SENOIR INDIVIDUALS WITH LOW TO MODERATE INCOME.
PROVIDE SUPPORT FOR ORGANIZATIONS THAT HELP THE EDERLY WHO NEED CARE.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bethany Fortunato Pres, Director | 2 | $0 | |
Patrick Baggett Director | 0 | $0 | |
Robert Mosley Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $7,500 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $7,500 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $0 |
| Contributions, gifts, grants paid | $7,500 |
| Total expenses and disbursements | $7,500 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $500 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $500 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Believe In Grace Inc has awarded $7,500 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
VNA HOSPICE HOUSE PURPOSE: GENERAL SUPPORT | $3,250 |
Fort Pierce, FL PURPOSE: GENERAL SUPPORT | $3,250 |
Fellsmere, FL PURPOSE: GENERAL SUPPORT | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sunnyside Properties Of Sarasota Inc Sarasota, FL | $68,013,446 | $10,977,854 |
Moorings Park Community Health Incorporated Naples, FL | $1,266,538 | $9,547,257 |
Moorings Park Institute Incorporated Naples, FL | $917,438 | $9,024,675 |
Westminster Senior Services Inc Orlando, FL | $3,758,693 | $8,872,607 |
Church Home Rehabilitation And Healthcare Llc Perry, GA | $11,785,809 | $8,119,276 |
Aldersgate Retirement Inc Hialeah, FL | $3,351,583 | $6,541,744 |
The Centurion Foundation Inc Atlanta, GA | $193,227,829 | $5,759,227 |
Decatur Church Of Christ Senior Housing Inc Decatur, GA | $17,263,297 | $4,161,433 |
Quality Senior Housing Foundaton Inc Atlanta, GA | $15,962,385 | $3,890,508 |
Wesley Woods Senior Living Inc Atlanta, GA | $6,214,370 | $5,013,917 |
St Annes Terrace Inc Atlanta, GA | $7,448,886 | $4,867,910 |
Fannie E Taylor Home For The Aged Taylor Manor Inc Jacksonville, FL | $2,539,639 | $3,737,309 |