Bhr Housing Properties

Overview

Bhr Housing Properties is a U.S. nonprofit organization focused on providing low-cost, permanent housing for individuals with special housing needs. The organization primarily targets individuals who are chronically mentally ill and are at risk of, or have experienced, homelessness.

Mission

The mission of Bhr Housing Properties is to ensure a safe and stable living environment for individuals with chronic mental illnesses. They aim to provide these individuals with a place to call home, helping them rebuild their lives and focus on recovery.

Programs and Initiatives

One of Bhr Housing Properties' notable initiatives is "The Gardens," a residential facility that offers 34 studio apartments. This housing complex is designed to cater to the unique needs of its residents, providing a supportive environment that is currently 97% occupied.

Financial and Governance Practices

Bhr Housing Properties has received a four-star rating from Charity Navigator, indicating strong accountability and financial health. The organization boasts a fully independent board, enhancing decision-making and oversight. Additionally, it has implemented policies such as conflict of interest and whistleblower policies, demonstrating a commitment to ethical governance. Bhr Housing Properties maintains a sound financial position with an excellent asset-to-liability ratio.

Legitimacy

Bhr Housing Properties is a registered 501(c)(3) entity and submits Form 990 annually, ensuring operational transparency and adherence to regulatory requirements. Contributions to the organization are tax-deductible.

Executive Compensation

The organization's total compensation structure does not include executive salaries. However, the total compensation reported for management is $274,929.

Impact and Reception

Bhr Housing Properties is recognized for its dedication to providing essential housing services for vulnerable populations. Its strong governance and financial practices have earned it high ratings from charitable evaluators, making it a trusted recipient of donations.