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: Verified by RoundPaper

FY 2023

Verified NonprofitLast Filed 2023EIN 04-2399546

Bowdoin Apartments Corporation

MALDEN, MAFounded 1963

mission statement

To support affordable housing through below market rate loans and grants and facilitate technical assistance through the due diligence process to 501(c) organizations.

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Total Revenue

$907K

FY 2023

Program Spending

86.4%

of total expenses

Known Funders

institutional backers

Key Metrics (FY 2023)

The Numbers

$13.0M

Total Assets

$12.8M net

185.5 mo

Operating Reserves

FY 2023

+24%

Revenue Growth

YoY

Total Employees

FY 2023

Programs (FY 2023)

What They Do

$717K in expenses

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, 2024 was $675,000. The organization also made 24 grants to other 501(c)(3) organizations that have similar programs.

Financial History

Revenue Over Time

Revenue Mix

Program Revenue

16%

Investment Income

84%

Governance (FY 2023)

Leadership

Leonard Gruenfeld

Board Member

James C Miller

President

John R Daly Jr

Treasurer

Nigel A Moffett

Clerk/director

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: Verified by RoundPaper

Verified NonprofitLast Filed 2023EIN 04-2399546

Bowdoin Apartments Corporation

MALDEN, MAFounded 1963

: Verified by RoundPaper

FY 2023

Verified NonprofitLast Filed 2023EIN 04-2399546

Bowdoin Apartments Corporation

MALDEN, MAFounded 1963

mission statement

To support affordable housing through below market rate loans and grants and facilitate technical assistance through the due diligence process to 501(c) organizations.

Share this profile

Total Revenue

$907K

FY 2023

Program Spending

86.4%

of total expenses

Known Funders

institutional backers

Key Metrics (FY 2023)

The Numbers

$13.0M

Total Assets

$12.8M net

185.5 mo

Operating Reserves

FY 2023

+24%

Revenue Growth

YoY

Total Employees

FY 2023

Programs (FY 2023)

What They Do

$717K in expenses

Financial History

Revenue Over Time

Revenue Mix

Program Revenue

16%

Investment Income

84%

Governance (FY 2023)

Leadership

Leonard Gruenfeld

Board Member

James C Miller

President

John R Daly Jr

Treasurer

Nigel A Moffett

Clerk/director

Organization ExclusiveComing Soon

Your profile shows 0 known funders. We can find more.

Get a comprehensive Funder Intelligence Report with ranked prospects, fit scores, and funder briefs tailored to Bowdoin Apartments Corporation.

Ranked Funder Recommendations
AI Grant Proposal Blueprints
Funder Profiles with Giving Histories

Claim This Profile

Edit your mission, add context to sections, and control what funders see.

Earn your verified badge

Custom mission statement
Add a donate button
Show or hide sections
Add context notes for visitors