EIN 04-2399546

Bowdoin Apartments Corporation

IRS 501(c) type
501(c)(4)
Num. employees
0
City
Year formed
1963
Most recent tax filings
2023-09-01
Description
Bowdoin Apartments Corporation supports affordable housing through below market rate loans and grants, as well as providing technical assistance to 501(c) organizations during the due diligence process. The organization's program service activity includes offering below market rate loans, grants, and counseling to support affordable residential housing. As of September 30th, 2022, its loan portfolio balance was $1,183,000 and the organization had made 21 grants.
Total revenues
$733,677
2023
Total expenses
$589,485
2023
Total assets
$11,941,434
2023
Num. employees
0
2023

Program areas at Bowdoin Apartments Corporation

The program service activity is the support of affordable residential housing in terms of below market rate loans, grants, and counseling. The organization's loan portfolio balance at september 30, 2023 was $1,040,000. The organization also made 16 grants to other 501(c)(3) organizations that have similar programs.

Grants made by Bowdoin Apartments Corporation

GranteeGrant descriptionAmount
Allston Brighton Community Development Corporation (ABCDC)Program Support$50,000
Commons Community Development CorporationProgram Support$25,000
Greater Bristol Homes CorporationProgram Support$25,000
...and 11 more grants made

Personnel at Bowdoin Apartments Corporation

NameTitleCompensation
James C MillerPresident$3,000
John R DalyTreasurer and Director$3,000
Nigel A MoffettClerk and Director$3,000

Financials for Bowdoin Apartments Corporation

RevenuesFYE 09/2023
Total grants, contributions, etc.$0
Program services$113,278
Investment income and dividends$296,449
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$323,950
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$733,677

Form 990s for Bowdoin Apartments Corporation

Fiscal year endingDate received by IRSFormPDF link
2023-092024-08-08990View PDF
2022-092023-06-21990View PDF
2021-092022-02-10990View PDF
2020-092021-04-08990View PDF
2019-092020-06-27990View PDF
...and 10 more Form 990s

Organizations like Bowdoin Apartments Corporation

OrganizationLocationRevenue
Carroll County Housing DevelopmentCarrollton, MO$273,898
63 Thompson Street Housing Development Fund CorporationNew York, NY$492,372
Munich Area Development CorporationMunich, ND$223,983
KB25 Housing Development Fund CorporationNew York, NY$1,157,387
Rightway Management ServicesMechanicsville, IA$204,961
Corinth Housing CorporationStetson, ME$229,208
Phipps Affordable Housing Development Fund CorporationNew York, NY$388,342
Steelville HomesSteelville, MO$211,936
Valley HomesBoise, ID$308,578
Graceville Rural Rental HousingMontevideo, MN$189,573
Data update history
September 23, 2024
Used new vendors
Identified 1 new vendor, including
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
August 2, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 8, 2022
Posted financials
Added Form 990 for fiscal year 2020
May 2, 2021
Posted financials
Added Form 990 for fiscal year 2019
Nonprofit Types
Grantmaking organizationsHousing and shelter organizations
Issues
Human servicesHousing
Characteristics
No full-time employees
General information
Address
1 Centre St
Malden, MA 02148
Metro area
Boston-Cambridge-Newton, MA-NH
County
Middlesex County, MA
Website URL
bowdoinapartments.com/ 
Phone
(781) 322-9090
IRS details
EIN
04-2399546
Fiscal year end
September
Taxreturn type
Form 990
Year formed
1963
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
L21: Public Housing Facilities
NAICS code, primary
62422: Community Housing Services
Parent/child status
Independent
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