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Bbi Holdings Inc

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

EIN: 320340831 ✦ Washington, DC ✦ Designated as a 501(c)(3)

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Overview

What is Bbi Holdings Inc?

Bbi Holdings Inc is a nonprofit organization situated in Washington D.C. at 3418 4th Street SE. Its primary objective is to support the charitable mission of Bright Beginnings Inc. To achieve this, Bbi Holdings Inc manages and maintains real estate properties, operating and leasing them exclusively for the betterment of Bright Beginnings Inc's cause. The company's role is essential in providing a solid foundation for the charitable organization, enabling it to fulfill its objectives effectively.


Official website here: www.brightbeginningsinc.org

Is Bbi Holdings Inc legitimate?

Bbi Holdings Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bbi Holdings 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: $0

For more financial information, click here


Official website here: www.brightbeginningsinc.org

What is the mission statement of Bbi Holdings Inc?

Bbi Holdings Inc's mission is centered around supporting a charitable cause. Specifically, the company acquires, manages, and leases real property, with the primary objective of furthering the objectives of Bright Beginnings Inc. This is done exclusively for charitable purposes, contributing to the organization's overall mission. The company's activities are all geared towards providing support in this capacity. While the exact nature of Bright Beginnings Inc's charitable purpose is not specified in the provided data, Bbi Holdings Inc's role is clear: to contribute to its success through real estate management.


Official website here: www.brightbeginningsinc.org

Who is the CEO of Bbi Holdings Inc?

Paul Berry is the President of Bbi Holdings Inc.


Official website here: www.brightbeginningsinc.org

What is the revenue of Bbi Holdings Inc?

Bbi Holdings Inc's revenue in 2022 was $383,431.


Official website here: www.brightbeginningsinc.org

Who are the executives of Bbi Holdings Inc and what are their salaries?

There 7 volunteers at Bbi Holdings Inc.


Here are 9 key members and their salaries:


Paul Berry (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Schakel (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shane Mclaughlin (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Marla Dean (Executive Director Bbi - End 11/2021)
  • Compensation: $0
  • Related: $168,995
  • Other: $1,348
Susan Brobeck (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sheila Stinson (Ex-Officio President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erin Fisher (Director)
  • Compensation: $0
  • Related: $138,456
  • Other: $9,751
Antwone Harris (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Register (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.brightbeginningsinc.org

Where can I find the form 990 for Bbi Holdings Inc?

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


Official website here: www.brightbeginningsinc.org

Learn more at the official website: www.brightbeginningsinc.org

Mission Statement of Bbi Holdings Inc

Bbi Holdings Inc, as a supporting entity, is dedicated to furthering the charitable mission of Bright Beginnings Inc. This is achieved through the acquisition, ownership, management, maintenance, operation, sale, and leasing of real property. The primary objective of Bbi Holdings Inc is to use these real estate ventures exclusively to advance the goals of Bright Beginnings Inc. By doing so, Bbi Holdings Inc contributes to the broader mission of its affiliated nonprofit, supporting its efforts in fulfilling its charitable purpose.

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Impact




October, 2024

Bbi Holdings Inc significantly impacts the community by facilitating the acquisition, management, and operation of real property that supports the mission of Bright Beginnings, Inc. By focusing on real estate activities like owning, leasing, and maintaining properties, Bbi Holdings ensures that the facilities are well-equipped to provide critical human services. This support plays a vital role in enhancing the resources available for programs that benefit vulnerable populations, thereby fostering a stronger support system for families and children in need. The strategic management of these properties allows for sustained service delivery, ultimately contributing to the overall well-being and development of the community in Washington, DC.




This information is meant to be a general summary of Bbi Holdings 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
$383,431 (2022)
Expenses
$406,368 (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: $383,431
  • Gross Receipts: $383,431

Assets and Liabilities:

  • Total Assets: $10,322,696
  • Total Liabilities: $10,525,764
  • Net Assets: -$203,068

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Programs

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

RENTAL INCOME

Revenue

$383,431

Organization Details

Founding Year

2011

Principal Officer

Paul Berry

Main Address

3418 4TH STREET SE, WASHINGTON, DC, 20032

NTEE Category

Code: P11 - Human services

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