Overview
What is Bickerdike Redevelopment Corporation?
The Bickerdike Redevelopment Corporation is a Chicago-based nonprofit organization dedicated to developing safe and affordable housing for low-income residents. With a rich history as one of the city's oldest community development organizations, Bickerdike has successfully built and managed 2,060 housing units in 264 buildings, providing homes for over 3,500 people. Their mission is multifaceted, not only focusing on housing development but also serving senior citizens and disabled individuals through contracts with the City of Chicago. By offering affordable housing and subsidies for low-income tenants, Bickerdike ensures the long-term affordability of their properties. With a team of 100 employees, they strive to positively impact the lives of numerous Chicago residents.
Official website here: www.bickerdike.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 96%, Four-Star out of Four Star rating.
Bickerdike Redevelopment Corporation has received an impressive Four-Star rating from Charity Navigator, indicating a high level of trustworthiness and organizational effectiveness. The overall score is primarily driven by exceptional performance in Accountability & Finance, with a score of 96%, and a strong Culture & Community score of 94%. Their commitment to transparency is evident through their independent board and comprehensive financial oversight practices.
User feedback from Great Nonprofits highlights the positive experiences of volunteers who appreciate the dedicated team running Bickerdike. The organization fosters community engagement, particularly through gardening projects, which allows volunteers to witness the growth and changes in the environment they help cultivate. This hands-on involvement underscores the organization's connection to the community it serves.
While the organization boasts strong scores in various metrics of accountability and impact, the ratings reflect a minor weakness in Leadership & Adaptability, with a score of 10%. This may indicate areas for growth in these aspects, although the overall strengths of the organization significantly outweigh this limitation.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
What do the Facebook reviews say about Bickerdike Redevelopment Corporation?
88% of reviewers on Facebook recommend Bickerdike Redevelopment Corporation. Here is a summary of their reviews:
Many individuals express positive sentiments about their experiences with the organization, particularly highlighting the welcoming atmosphere created by the staff and resident council members. Reviewers noted a sense of community and optimism for the future, suggesting that people feel supported and engaged.
Overall, it seems that Bickerdike Redevelopment Corporation is making a positive impact and fostering a collaborative environment for its residents, which adds to its credibility and effectiveness in their mission.
This AI summary has been generated from reviews found on Facebook.
Is Bickerdike Redevelopment Corporation legitimate?
Bickerdike Redevelopment Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bickerdike Redevelopment Corporation 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: $894,246
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,967,472
For more financial information, click here
Official website here: www.bickerdike.org
What is the mission statement of Bickerdike Redevelopment Corporation?
The Bickerdike Redevelopment Corporation is one of the oldest community development organizations in the city, dedicated to making a significant impact. Its primary mission is to develop low-income housing, providing shelter and stability for those in need. In addition to housing development, the organization offers services for senior citizens and disabled individuals under contract with the city. The Bickerdike Redevelopment Corporation also manages and maintains affordable housing units and administers rent subsidy payments for eligible low-income tenants. By focusing on housing and essential services, this organization positively contributes to the lives of many individuals and families in the community.
Official website here: www.bickerdike.org
Who is the CEO of Bickerdike Redevelopment Corporation?
Joy Aruguete is the President of Bickerdike Redevelopment Corporation. The CEO's salary of Bickerdike Redevelopment Corporation is $257,900 and their total compensation is $257,900.
Official website here: www.bickerdike.org
What is the revenue of Bickerdike Redevelopment Corporation?
Bickerdike Redevelopment Corporation's revenue in 2022 was $12,182,359.
Official website here: www.bickerdike.org
Who are the executives of Bickerdike Redevelopment Corporation and what are their salaries?
The average compensation at Bickerdike Redevelopment Corporation during 2022 was $28,617. There are 100 employees and 26 volunteers at Bickerdike Redevelopment Corporation.
Here are 20 key members and their salaries (Bickerdike Redevelopment Corporation's CEO's salary is $257,900 and their total compensation is $257,900):
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Official website here: www.bickerdike.org
Where can I find the form 990 for Bickerdike Redevelopment Corporation?
Bickerdike Redevelopment Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bickerdike.org
Learn more at the official website: www.bickerdike.org
Mission Statement of Bickerdike Redevelopment Corporation
Bickerdike Redevelopment Corporation, one of Chicago's oldest community development organizations, is dedicated to developing low-income housing. With a mission that goes beyond bricks and mortar, this organization plays a pivotal role in creating homes for those in need.
Bickerdike Redevelopment Corporation's most significant activities revolve around the development of affordable housing. Their work extends beyond construction, as they also manage and maintain the properties they build. This commitment to providing a safe and stable living environment for low-income individuals sets them apart.
In addition to their housing development efforts, Bickerdike Redevelopment Corporation offers essential services for senior citizens and handicapped individuals under contract with the City of Chicago. Their mission to improve living conditions is comprehensive, as they recognize the unique needs of various populations and strive to address them. Furthermore, they provide rent subsidy payments to low-income tenants, ensuring that affordable housing remains accessible to those who need it most.
Bickerdike Redevelopment Corporation's contributions go a long way in improving the lives of Chicago's most vulnerable residents. By focusing on the development of low-income housing and the provision of essential services, this organization is making a significant impact on the community. Through their unwavering dedication to affordable housing and compassionate support services, Bickerdike Redevelopment Corporation continues to be a beacon of hope for those in need.
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Impact
October, 2024
Bickerdike Redevelopment Corporation significantly enhances the community by developing low-income housing, providing safe, quality, and affordable living options for residents. With an impressive portfolio of 2,060 housing units across 264 buildings, they have created homes for nearly 3,500 residents in Chicago. Their commitment to long-term affordability ensures that these properties remain accessible to low-income families, contributing to neighborhood stability and growth. Additionally, Bickerdike enhances its impact by offering services to senior citizens and individuals with disabilities and managing rent subsidy programs, further supporting vulnerable populations in the community. Overall, Bickerdike plays a vital role in addressing housing needs and fostering a strong, inclusive community in Chicago.
This information is meant to be a general summary of Bickerdike Redevelopment Corporation. 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: $2,250,888
- Program Service Revenue: $2,618,873
- Gross Receipts: $12,693,116
Assets and Liabilities:
- Total Assets: $92,144,334
- Total Liabilities: $695,892
- Net Assets: $91,448,442
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DEVELOPMENT FEES
Revenue
$1,636,569
MANAGEMENT FEES
Revenue
$802,304
ADMINISTRATIVE FEES
Revenue
$180,000
Organization Details
Founding Year
1967
Phone
(773) 278-5669Principal Officer
Joy Aruguete
Main Address
2550 WEST NORTH AVENUE, CHICAGO, IL, 60647
Website
www.bickerdike.orgNTEE Category
Code: L820 - Housing
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