Overview
What is Greater Bristol Realty Corp?
Greater Bristol Realty Corp is a nonprofit organization dedicated to providing housing solutions for families with limited financial resources. Their primary focus is on acquiring and developing land into approved building sites, with the ultimate goal of constructing homes for families whose income falls within 80% of the Area Median Income (AMI), as defined by HUD. By raising capital and dedicating their efforts to this mission, Greater Bristol Realty Corp aims to make homeownership an attainable dream for these families, thereby contributing to their community's housing needs.
Official website here: www.gbrc-homes.org
Is Greater Bristol Realty Corp legitimate?
Greater Bristol Realty Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greater Bristol Realty Corp submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Official website here: www.gbrc-homes.org
What is the mission statement of Greater Bristol Realty Corp?
Greater Bristol Realty Corp's mission is centered around providing housing opportunities for families with lower to moderate incomes. The corporation's primary goal is to acquire and develop land into approved building sites, subsequently raising funds to construct homes for families whose income does not exceed 80% of the Area Median Income, as defined by HUD. In essence, Greater Bristol Realty Corp's mission is to make homeownership accessible for a significant portion of the population who might otherwise struggle with affordability.
Official website here: www.gbrc-homes.org
Who is the CEO of Greater Bristol Realty Corp?
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Official website here: www.gbrc-homes.org
What is the revenue of Greater Bristol Realty Corp?
Greater Bristol Realty Corp's revenue in 2022 was $187,000.
Official website here: www.gbrc-homes.org
Who are the executives of Greater Bristol Realty Corp and what are their salaries?
Here are 8 key members and their salaries:
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Official website here: www.gbrc-homes.org
Where can I find the form 990EZ for Greater Bristol Realty Corp?
Greater Bristol Realty Corp's most recent form 990EZ was submitted in 2022 and can be accessed here.
Official website here: www.gbrc-homes.org
Learn more at the official website: www.gbrc-homes.org
Mission Statement of Greater Bristol Realty Corp
Greater Bristol Realty Corp is an organization dedicated to advancing housing opportunities for families with modest and low incomes. Their primary mission is to acquire and transform land into approved building sites, subsequently raising funds to construct homes for families whose earnings do not surpass 80% of the Area Median Income (AMI), as defined by the U.S. Department of Housing and Urban Development (HUD). By carrying out this mission, Greater Bristol Realty Corp aims to contribute to the creation of sustainable living spaces for families in need.
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Impact
October, 2024
Greater Bristol Realty Corp plays a crucial role in addressing the housing needs of families with low and moderate incomes in Bristol, CT. By acquiring and developing land into approved building lots, the organization facilitates the construction of affordable homes, specifically targeting families earning up to 80% of the Area Median Income (AMI) as determined by HUD.
This initiative not only helps to alleviate the housing crisis in the area but also promotes economic stability for families who might otherwise struggle to find affordable housing options. By providing access to subsidized housing, Greater Bristol Realty Corp enhances the overall quality of life in the community, fostering homeownership opportunities that can lead to increased community engagement and investment.
The organization significantly impacts the local economy by raising capital for development, creating jobs through construction projects, and encouraging diverse, vibrant neighborhoods where families can thrive. Through these efforts, Greater Bristol Realty Corp contributes to a more equitable housing landscape, ensuring that homeownership is attainable for those who need it most.
This information is meant to be a general summary of Greater Bristol Realty Corp. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $187,000
Assets and Liabilities:
- Total Assets: $345,669
- Total Liabilities: $9,200
- Net Assets: $336,469
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Organization Details
Main Address
P O Box 3124, BRISTOL, CT, 06011
Website
www.gbrc-homes.orgNTEE Category
Code: L80Z - Housing
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