Overview
What is Bridge Meadows?
Bridge Meadows is a nonprofit organization based in Portland, Oregon, specifically at 8502 N WAYLAND AVENUE. Their mission is to create and maintain intergenerational housing communities for families who have been affected by foster care, providing them with a sense of permanence, community, and meaningful relationships. The presence of older adults in these communities offers a supportive environment, helping foster children thrive in their education, while also allowing adoptive parents to strengthen their families and elders to age in place. Bridge Meadows' unique approach, known as "Whole Community," aims to enhance residents' housing stability, access to health resources, educational attainment, and community connections. The organization currently employs 13 individuals.
Official website here: www.bridgemeadows.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 89% (Three-Star out of Four Stars)
Bridge Meadows has achieved a solid Three-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial management. The organization boasts an impressive 100% independent board and excellent scores across various categories, including a perfect score for its audit and oversight committee, indicating a robust governance structure.
The nonprofit demonstrates effective financial health, with a low liabilities to assets ratio and a working capital ratio of over six years. However, its program expense ratio of 56.99% suggests potential room for improvement in funding direct program services, as a higher percentage could indicate a stronger investment in mission-related activities.
Despite these limitations, Bridge Meadows excels in maintaining transparency and ethical governance, with established policies for conflict of interest and whistleblowing. Overall, its strong accountability measures and sound financial practices position it well within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Bridge Meadows legitimate?
Bridge Meadows is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bridge Meadows submitted a form 990, 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $344,911
Professional Fundraising Fees: $0
Other Salaries and Wages: $833,052
For more financial information, click here
Official website here: www.bridgemeadows.org
What is the mission statement of Bridge Meadows?
Bridge Meadows aims to establish and sustain intergenerational communities that provide a supportive environment for families who have experienced foster care. This mission promotes permanency, community, and caring relationships while offering safety and meaningful purpose in the daily lives of older adults. The organization's approach leverages the power of shared place, permanence, and social purpose to enhance residents' housing stability, access to health resources, educational attainment, and community connections. By offering a stable home environment, Bridge Meadows helps former foster youth succeed in school, supports adoptive parents in building strong families, and enables low-income elders to age in place with purpose.
Official website here: www.bridgemeadows.org
What is the revenue of Bridge Meadows?
Bridge Meadows's revenue in 2023 was $2,236,520.
Official website here: www.bridgemeadows.org
Who are the executives of Bridge Meadows and what are their salaries?
The average compensation at Bridge Meadows during 2023 was $78,531. There are 15 employees and 2000 volunteers at Bridge Meadows.
Here are 22 key members and their salaries:
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- Compensation: $167,348
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- Other: $15,510
- Compensation: $146,719
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- Other: $15,334
Official website here: www.bridgemeadows.org
Where can I find the form 990 for Bridge Meadows?
Bridge Meadows's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.bridgemeadows.org
Learn more at the official website: www.bridgemeadows.org
Mission Statement of Bridge Meadows
Bridge Meadows, a nonprofit organization, is committed to developing and maintaining supportive intergenerational communities. Their mission is to provide a nurturing environment for families who have experienced foster care, promoting permanency, community, and caring relationships. This mission also extends to older adults, offering them safety and meaningful purpose in their daily lives. By establishing intergenerational housing communities, Bridge Meadows aims to overcome the isolation, trauma, and adversity faced by foster youth, their adoptive families, and low-income elders. Their approach, known as "whole community," leverages the power of shared social purpose, housing stability, and access to health resources to improve residents' lives. This holistic approach helps foster youth succeed in school, aids adoptive parents in building strong families, and allows elders to age in place with purpose. Together, these three generations build resilience and improved health and wellness.
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Impact
August, 2024
Bridge Meadows creates a transformative environment where foster youth, adoptive families, and low-income elders can thrive together in intergenerational communities. By offering a supportive and stable home environment, Bridge Meadows enables children who have experienced foster care to succeed in school, helps adoptive parents develop parenting skills and build stable families, and allows elders to age in place with purpose and health. This innovative "whole community" approach promotes housing stability, access to health resources, educational attainment, and community connections, fostering resilience and improved well-being across the generations.
This information is meant to be a general summary of Bridge Meadows. 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 2023.
- Investment Income: $20,349
- Program Service Revenue: $373,024
- Gross Receipts: $2,757,908
Assets and Liabilities:
- Total Assets: $13,110,528
- Total Liabilities: $1,468,588
- Net Assets: $11,641,940
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT FEES
Revenue
$146,909
RENTAL INCOME
Revenue
$104,689
DEVELOPER FEE INTEREST
Revenue
$94,713
SPONSOR LOAN INTEREST
Revenue
$86,483
RECEIPT CLASS ACTION SUIT
Revenue
$26,090
Organization Details
Founding Year
2004
Principal Officer
Derenda Schubert
Website
www.bridgemeadows.orgNTEE Category
Code: O50 - Youth development
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