Overview

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Est.

1996

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

BMA INC is a nonprofit organization focused on providing legal services and supporting homeowners and tenants associations, with a mission to acquire and operate a 20-unit apartment complex for lower-income families and individuals. With an operating budget of $232.7K and total revenue of $211.4K for the filing year 2024, the organization is dedicated to addressing housing needs in its community. More information can be found on their website, REACHCDC.ORG.

Mission Statement

TO ACQUIRE AND OPERATE A 20-UNIT APARTMENT COMPLEX FOR LOWER-INCOME FAMILIES AND INDIVIDUALS
Revenues
$211.4K
Expenses
$232.7K
Net Income:
-$21.3K
Assets
$788.2K
Liabilities
$65.8K
Net Assets:
+$722.4K
Operating Budget
$232.7K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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J
Jim Lodwick
Board Member
E
Edward Knightly
Board Member
J
Jamie Beckland
Board Member

Frequently Asked Questions

What is BMA INC’s budget?
In 2024, BMA INC reported an annual operating budget of around $233 thousand. More detailed financial information is available to registered users.
What causes does BMA INC support?
BMA INC supports work in Legal services and Homeowners & Tenants Associations.
Where does BMA INC operate?
BMA INC is headquartered in Portland, OR.
What is BMA INC’s reliance on government grants?
BMA INC relied on government grants for more than 60% of their total revenue in 2024.