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Bridgeway Sandburg

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

EIN: 371358634 ✦ Galesburg, IL ✦ Designated as a 501(c)(3)

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Overview

What is Bridgeway Sandburg?

Bridgeway Sandburg is a nonprofit organization situated in Galesburg, Illinois (specifically at 2323 N Windish Drive), dedicated to providing housing opportunities for individuals who fall under the categories of low income and disability. The organization's primary mission is to offer housing solutions to qualified individuals in need, ensuring they have a safe and suitable living environment.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 72% (Two-Star out of Four Star rating)

Bridgeway Sandburg has received a Two-Star rating from Charity Navigator, primarily due to its Accountability & Finance score of 72%. This rating highlights both strengths and weaknesses in the organization's practices. Notably, the charity boasts a fully independent board, with 80% of its members being independent, and it has a strong record of no material diversion of assets, which reflects responsible governance.

On the positive side, Bridgeway Sandburg has a high program expense ratio of 83.08%, indicating that a significant portion of its expenditures is directed toward its programs rather than administrative costs. Additionally, the presence of a conflict of interest policy and documented board meeting minutes further underscores its commitment to accountability. However, there are areas for improvement, such as the absence of a whistleblower policy and a concerning liabilities to assets ratio of 167.32%, which may raise questions about financial stability.

Overall, while Bridgeway Sandburg demonstrates solid governance practices and a commitment to directing funds towards its mission, it faces challenges that could impact its long-term effectiveness and financial health. Prospective donors and stakeholders may want to consider these factors when evaluating their support for the organization.


This AI summary has been generated from information found on Charity Navigator.

Is Bridgeway Sandburg legitimate?

Bridgeway Sandburg is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bridgeway Sandburg 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: $17,818

For more financial information, click here

What is the mission statement of Bridgeway Sandburg?

Bridgeway Sandburg is committed to providing housing for qualified individuals with low income and disabilities. This organization's mission is centered around offering a home to those who need it most, ensuring that they have a suitable living space. The focus is on individuals who fall into the low-income category and have disabilities, providing them with a place to call their own. This mission is carried out through the organization's housing services, aiming to make a positive impact on these individuals' lives.

Who is the CEO of Bridgeway Sandburg?

William Nelson is the Vice Chairman of Bridgeway Sandburg. The CEO's salary of Bridgeway Sandburg is $0 and their total compensation is $0.

What is the revenue of Bridgeway Sandburg?

Bridgeway Sandburg's revenue in 2022 was $124,182.

Who are the executives of Bridgeway Sandburg and what are their salaries?


Here are 8 key members and their salaries (Bridgeway Sandburg's CEO's salary is $0 and their total compensation is $0):


Steve Tibbitts (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Garner (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Nelson (Ceo/President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wayne Allen (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Duncan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Butcher (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Staci Danner (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Dalton (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Bridgeway Sandburg?

Bridgeway Sandburg's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Bridgeway Sandburg

Bridgeway Sandburg is an organization dedicated to providing housing options for qualified individuals with low income and disabilities. Their mission is centered around this primary goal, aiming to create a housing environment that caters to this specific group of people. By offering suitable living spaces, Bridgeway Sandburg seeks to contribute positively to the lives of those who may face challenges in securing adequate housing due to their income status or disabilities. The organization's efforts are focused on ensuring that these individuals have access to safe, comfortable, and suitable living conditions, thereby improving their overall quality of life.

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Impact




October, 2024

Bridgeway Sandburg significantly impacts the Galesburg, IL community by providing essential housing for qualified low-income individuals and disabled people. By addressing the need for safe and affordable housing, Bridgeway Sandburg plays a crucial role in enhancing the quality of life for its residents. The organization’s focus on this vulnerable population helps to alleviate housing insecurity, allowing individuals to gain stability and improve their overall well-being. This commitment not only fosters a sense of community but also empowers residents to become more self-sufficient and engaged citizens. Through its services, Bridgeway Sandburg contributes positively to the social fabric of Galesburg, ensuring that all individuals have access to the foundational element of a stable home.




This information is meant to be a general summary of Bridgeway Sandburg. 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
$124,182 (2022)
Expenses
$174,784 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $87
  • Program Service Revenue: $123,272
  • Gross Receipts: $124,182

Assets and Liabilities:

  • Total Assets: $847,700
  • Total Liabilities: $1,315,717
  • Net Assets: -$468,017

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Programs

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

HOUSING ASSISTANCE PMT

Revenue

$83,290

APARTMENT CARRY CHARGE

Revenue

$39,982

Organization Details

Founding Year

1996

Principal Officer

William Nelson

Main Address

2323 N WINDISH DRIVE, GALESBURG, IL, 61401

NTEE Category

Code: L40 - Housing

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