Burroughs Manor Incorporated
Burroughs Manor Incorporated
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About this organization
Revenue
$373,312
Expenses
$417,001
Mission
. The organization's exempt purpose is to provide safe and affordable housing to elderly and disabled individuals according to HUD guidelines.
About
The organization owns and operates a 50 unit building which provides safe and affordable HUD subsidized housing to elderly and/or disabled individuals pursuant to HUD guidelines. The building average occupancy rate for 2018 was 98% based on revenues.
Interesting data from their 2020 990 filing
The filing documents outline the non-profit's mission as “The 50-unit residential complex provides affordable housing for elderly residents residing in vinita, oklahoma.”.
When outlining the tasks it performs, they were referred to as: “The 50-unit residential complex provides affordable housing for elderly residents residing in vinita, oklahoma.”.
- The non-profit's reported state of operation is OK as per legal requirements.
- As of 2020, the non-profit has 0 employees reported on their 990 form.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Does not provide credit counseling.
- Does not have foreign activities.
- Is not a donor-advised fund.
- Is not a private foundation.
- Expenses are between $250,000 and $500,000.
- Revenue is between $250,000 and $500,000.
- Revenue less expenses is -$65,732.
- The CEO compensation policy of the organization is not established through an independent review and approval process.
- The organization has a written policy that delegates the management duties.
- The organization has 3 independent voting members.
- The organization was formed in 1981.
- The organization has a written policy that addresses conflicts of interest.
- The organization is required to file Schedule O.
- The organization pays $0 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.
- The organization has minutes of its meetings.
- The organization's financial statements were reviewed by an accountant.