2024-11-15T08:33:13-05:00 2023-12-31 990EZ 2023-01-01 871243853 GBB and L Foundation Inc % Stephen Fitzsimmons GBBA 3038688586 46850 HIGHWAY 550 465 Durango CO 81301 Stephen Fitzsimmons President 2024-11-15 2023 2024-10-15 13:58:12Z X X www.georgebaileyfoundation.org X X 8763 X 2047 6700 16 0 0 0 8763 19038 632 19670 -10907 308900 297993 9179 9763 299721 288230 308900 297993 308900 297993 promoting affordable housing options and financial education tools and resources to aid low-income individuals and families in need thereby relieving the poor and distressed. The foundation has purchased property in near resort towns which it offers and maintains on a long-term rent-to-own basis. This year the foundation served 5 individuals. The objective of this activity is to provide safe sanitary and secure housing for families in need. 0 7547 The foundation refers clients to pro bono legal aid providers who volunteer their time and expenses to assist with landlord-tenant disputes or other consumer disputes. This year the foundation helped 4 individuals secure a dismissal of the landlords claims. The foundation also helped an individual dispute and overturn a health insurance denial of coverage. The objective of this activity is to promote and protect clients rights and guard against improper or unlawful collection attempts which would further compromise the clients ability to pay for housing food and education. While the legal professionals volunteer their time on a pro bono basis a reasonable estimate is approximately 40 hours. 0 0 The foundation offers grants for unexpected auto repairs or school athletic expenses which would otherwise compromise the clients ability to to pay for housing food or other necessities. The objective of this activity is to promote financial stability. While the fund program was started this year no grants were made in the year. 0 0 7547 X Stephen Fitzsimmons Incorporator and President 5 0 0 0 false false false false false 0 false false false CO Stephen Fitzsimmons 46850 Highway 550 465 Durango CO 81301 3038688586 false false false false false false false false false false false NONE NONE true X 0 0 318000 3237 2047 323284 0 0 0 0 0 0 0 0 0 0 0 0 0 0 318000 3237 2047 323284 323284 0 0 0 0 2 16 18 0 0 0 0 0 0 323302 19900 X Part II Line 6 Public Support - The foundation received its tax exempt determination letter in October of 2023 and is now actively seeking public donations. Doing Business As Names The George Bailey Building and Loan Foundation Part I, line 16 | Other Expenses:, Amount:| During the tax year the foundation incurred $620 in fees for filing form 1023 and renewing secretary of state registration. It incurred $12 in renewing its website domain., $632| Part IV, General | Explanation:| List of Officers - The foundation received its 501c3 exemption determination in October of 2023. Pursuant to the foundations articles the incorporator has the power to appoint the initial Board of Directors. Board appointments are in process.