Overview
What is Greater Bridgeport Community Enterprises Inc?
Greater Bridgeport Community Enterprises Inc is a nonprofit organization based in Bridgeport, Connecticut. Its primary mission is to help low-income families in disadvantaged neighborhoods attain self-sustainability and financial stability by creating job opportunities and expanding business ventures within the growing green economy. The organization achieves this by partnering with various entities, such as companies, municipalities, organizations, and institutions, to streamline mattress disposal, thereby increasing recycling rates, promoting green initiatives, and creating eco-friendly neighborhoods. In addition, the organization aims to empower communities and offer green jobs, particularly to those who have previously been incarcerated. This nonprofit's efforts extend to creating a cleaner, greener, and more sustainable environment for all.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 64% (Two-Star out of Four Stars)
Greater Bridgeport Community Enterprises Inc received a Two-Star rating from Charity Navigator, indicating a need for improvement in its accountability and finance practices. The organization has a solid independent board structure, with 100% of board members being independent, which is a strong governance point. However, the significant absence of financial statements and a high liabilities to assets ratio of 145.25% raises concerns regarding its financial transparency and health.
On the positive side, the organization has made strides in policy development, having established conflict of interest, whistleblower, and document retention policies. Additionally, it demonstrates a strong commitment to its mission, as evidenced by an impressive program expense ratio of 87.93%, indicating that a large majority of its expenses are directed towards its programs rather than administrative costs.
Despite these strengths, the lack of financial documentation and the high liabilities to assets ratio may hinder potential donor confidence. Improving financial reporting and addressing these financial concerns could enhance the organization's standing and impact in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Greater Bridgeport Community Enterprises Inc legitimate?
Greater Bridgeport Community Enterprises Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greater Bridgeport Community Enterprises Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $613,134
For more financial information, click here
What is the mission statement of Greater Bridgeport Community Enterprises Inc?
Greater Bridgeport Community Enterprises Inc's mission is focused on helping low-income families in disadvantaged communities attain self-sufficiency and financial stability. They achieve this by creating job opportunities and expanding business ventures in the growing green economy. The organization partners with various entities to facilitate mattress disposal, boost recycling rates, and promote a greener, cleaner environment. By doing so, they not only create green jobs but also empower disadvantaged residents, particularly those who have been previously incarcerated.
Who is the CEO of Greater Bridgeport Community Enterprises Inc?
Unavailable The CEO's salary of Greater Bridgeport Community Enterprises Inc is $0 and their total compensation is $0.
What is the revenue of Greater Bridgeport Community Enterprises Inc?
Greater Bridgeport Community Enterprises Inc's revenue in 2022 was $1,204,544.
Who are the executives of Greater Bridgeport Community Enterprises Inc and what are their salaries?
The average compensation at Greater Bridgeport Community Enterprises Inc during 2022 was $18,033. There are 34 employees and 5 volunteers at Greater Bridgeport Community Enterprises Inc.
Here are 5 key members and their salaries (Greater Bridgeport Community Enterprises Inc's CEO's salary is $0 and their total compensation is $0):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Greater Bridgeport Community Enterprises Inc?
Greater Bridgeport Community Enterprises Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Greater Bridgeport Community Enterprises Inc
Greater Bridgeport Community Enterprises Inc is a nonprofit organization with a mission to help low-income families in disadvantaged neighborhoods attain self-sufficiency and financial stability. By focusing on job opportunities and the expansion of business ventures within the growing green economy, this organization aims to bring about positive change in these communities.
In essence, Greater Bridgeport Community Enterprises Inc partners with various entities to facilitate the disposal of mattresses for businesses, thereby increasing recycling rates. This not only benefits the environment but also creates green jobs, particularly for those who have previously been incarcerated, providing them with a chance to rebuild their lives. By doing so, the organization contributes to the creation of cleaner and greener neighborhoods, empowering communities and improving the overall economic landscape.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
June, 2024
Greater Bridgeport Community Enterprises Inc has had a significant impact on the local community by assisting low-income families in disadvantaged neighborhoods to achieve self-sufficiency and financial stability through jobs and the expansion of business opportunities in the growing green economy. The organization's innovative approach includes partnering with companies, municipalities, organizations, and institutions to save them money in mattress disposal, increase recycling rates, create green and clean neighborhoods, empower communities, and generate green jobs for disadvantaged residents, particularly those who were formerly incarcerated. Through its work, Greater Bridgeport Community Enterprises Inc is not only addressing environmental concerns but also contributing to economic resilience and social inclusion in Bridgeport, Connecticut.
This information is meant to be a general summary of Greater Bridgeport Community Enterprises Inc. 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.
- Investment Income: $374
- Program Service Revenue: $1,113,264
- Gross Receipts: $1,204,544
Assets and Liabilities:
- Total Assets: $1,377,819
- Total Liabilities: $1,700,651
- Net Assets: -$322,832
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Recycling program
Revenue
$1,113,264
Organization Details
Founding Year
2009
Phone
(203) 212-3860Main Address
459 IRANISTAN AVENUE, BRIDGEPORT, CT, 066051215
NTEE Category
Code: C99 - Environment
If you are a representative of Greater Bridgeport Community Enterprises Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.