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Bridges Development Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 264085157 ✦ Buffalo, NY ✦ Designated as a 501(c)(4)

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Overview

What is Bridges Development Inc?

Bridges Development Inc, located at 300 Perry Street, Buffalo, New York, is a nonprofit organization dedicated to collaborating with the Buffalo Municipal Housing Authority. Their primary mission is to ensure the provision of clean, safe, and affordable housing within the city of Buffalo. They carry out this mission by planning, coordinating, organizing, developing, managing, maintaining, owning, redeveloping, and operating housing developments in partnership with the authority. The organization employs a team of three individuals, working towards the betterment of the community's housing situation.

Is Bridges Development Inc legitimate?

Bridges Development Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Bridges Development 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: $159,000

For more financial information, click here

What is the mission statement of Bridges Development Inc?

Bridges Development Inc's mission is centered around assisting in the provision of clean, safe, and affordable housing within a city context. Specifically, they collaborate with municipal housing authorities, in this case, the Buffalo Municipal Housing Authority, to achieve this goal. Their activities encompass planning, coordinating, organizing, developing, managing, maintaining, redeveloping, and operating housing developments to ensure the availability of suitable living spaces for the community.

Who is the CEO of Bridges Development Inc?

Nadine Marrero is the Chairman of Bridges Development Inc.

What is the revenue of Bridges Development Inc?

Bridges Development Inc's revenue in 2022 was $149,872.

Who are the executives of Bridges Development Inc and what are their salaries?

The average compensation at Bridges Development Inc during 2022 was $53,000. There are 3 employees at Bridges Development Inc.


Here are 4 key members and their salaries:


David Rodriguez (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yvonne Mccray (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Pressley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nadine Marrero (President)
  • Compensation: $106,000
  • Related: $0
  • Other: $0
Where can I find the form 990 for Bridges Development Inc?

Bridges Development Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Bridges Development Inc

Bridges Development Inc, a nonprofit organization, is committed to assisting the Buffalo Municipal Housing Authority in providing clean, safe, and affordable housing for the city's residents. The mission of Bridges Development Inc is multifaceted, encompassing planning, coordinating, organizing, developing, managing, maintaining, owning, redeveloping, and operating housing developments. This nonprofit plays a significant role in ensuring the availability of quality living spaces within the city, working in conjunction with the Buffalo Municipal Housing Authority to achieve this goal. By fulfilling these tasks, Bridges Development Inc contributes to the betterment of the community, ensuring that its residents have access to decent and affordable housing options.

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Impact




October, 2024

Bridges Development Inc plays a crucial role in enhancing the quality of life for residents in Buffalo by collaborating with the Buffalo Municipal Housing Authority to ensure that clean, safe, and affordable housing is available. By planning, coordinating, developing, and managing a variety of housing projects, Bridges Development Inc contributes significantly to the revitalization of the local community.

Their efforts directly support the mission of providing dignified living conditions, which help to foster community stability and improve overall well-being. By focusing on the redevelopment and maintenance of housing developments, Bridges Development Inc not only addresses immediate housing needs but also promotes sustainable development practices that benefit the city of Buffalo in the long run. Through these initiatives, they play an essential role in reducing homelessness, improving public health, and enhancing the overall livability of Buffalo.




This information is meant to be a general summary of Bridges Development 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.

Revenue
$149,872 (2022)
Expenses
$224,046 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $103,368
  • Gross Receipts: $149,872

Assets and Liabilities:

  • Total Assets: $10,281,258
  • Total Liabilities: $402,149
  • Net Assets: $9,879,109

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

DEVELOPER FEE

Revenue

$93,368

MANAGEMENT FEES

Revenue

$10,000

Organization Details

Founding Year

2008

Principal Officer

Nadine Marrero

Main Address

300 PERRY STREET, BUFFALO, NY, 142042299

NTEE Category

Code: L21 - Housing

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