Overview
What is Bridging Inc?
Bridging Inc, located in Bloomington, Minnesota, is a dedicated nonprofit organization. Their mission involves empowering families and individuals seeking stable housing by offering them high-quality furniture and household essentials. By doing so, they aim to enhance lives and support the transition out of homelessness and poverty. Through their two warehouses in the Twin Cities, they serve around 4,600 client households annually, with nearly half being children. Bridging's operations are carried out by a team of 40 staff members and approximately 2,500 volunteers, ensuring that they effectively utilize community resources. By recycling donated items, Bridging manages to divert approximately 10-11 million pounds of waste annually, distributing these items to clients or passing them on to other nonprofits.
Official website here: www.bridging.org
What are the reviews and ratings of this charity?
**Bridging Inc : Charity Navigator Rating 98% (Four-Star out of Four Stars )**ar Rating)**
Bridging Inc has achieved an impressive 98% score on Charity Navigator, indicating strong organizational health through its high standards of accountability and finance. The organization has been recognized for its fully independent board, lack of asset diversion, and solid financial ratios, making it a trustworthy nonprofit. Its mission focuses on providing essential furniture and household goods, enhancing the stability of families in need.
Strengths of Bridging Inc lie in its strong community culture and proactive engagement with constituents, evidenced by perfect scores in feedback collection and usage. The organization clearly prioritizes transparency and adaptability, effectively demonstrating how it navigated challenges brought about by the pandemic. Its financial practices, combined with its strategic goals of local density and regional expansion, reflect a commitment to growth and sustainable impact.
User reviews from GreatNonprofits could not be fetched, so sentiments from the public regarding their experiences with Bridging Inc remain unavailable. Nevertheless, the rating from Charity Navigator underscores an overall confidence in the organization’s operations and mission effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Bridging Inc legitimate?
Bridging Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bridging 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: $216,339
Professional Fundraising Fees: $14,000
Other Salaries and Wages: $2,147,472
For more financial information, click here
Official website here: www.bridging.org
What is the mission statement of Bridging Inc?
Bridging Inc, through its mission, aims to enhance the lives of individuals and families transitioning out of homelessness and poverty. This is accomplished by effectively reusing donated items, providing them with quality furniture and household goods. By doing so, Bridging assists these individuals in stabilizing and improving their living situations. The organization serves over 4,600 client households annually, with nearly half being children. With two warehouse locations in the Twin Cities and a team of staff members and volunteers, Bridging is able to keep millions of pounds of items out of the waste stream each year by distributing them to clients or passing them along to other nonprofits and organizations in need.
Official website here: www.bridging.org
What is the revenue of Bridging Inc?
Bridging Inc's revenue in 2023 was $11,960,900.
Official website here: www.bridging.org
Who are the executives of Bridging Inc and what are their salaries?
The average compensation at Bridging Inc during 2023 was $49,246. There are 48 employees and 3864 volunteers at Bridging Inc.
Here are 19 key members and their salaries:
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- Compensation: $189,273
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- Other: $27,066
Official website here: www.bridging.org
Where can I find the form 990 for Bridging Inc?
Bridging Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.bridging.org
Learn more at the official website: www.bridging.org
Mission Statement of Bridging Inc
Bridging Inc, a nonprofit organization, is dedicated to empowering individuals and families who are striving for housing stability. Through its mission, Bridging improves lives by providing high-quality furniture and household essentials to those transitioning out of homelessness and poverty. By effectively reusing donated items, Bridging plays a crucial role in enabling these individuals to establish and maintain a stable living environment.
The nonprofit serves over 4,600 client households annually, with nearly half of those served being children. Bridging's team of dedicated staff members and volunteers work tirelessly from its two warehouse locations in the Twin Cities. By distributing these donated items to clients, Bridging helps to keep millions of pounds of waste out of landfills each year. Additionally, Bridging often passes along these items to other nonprofits and organizations that can utilize them, further maximizing the impact of its community resources.
In essence, Bridging Inc is an organization that provides essential support to those in need of housing stability. By offering high-quality furniture and household goods, Bridging helps improve the lives of individuals and families, enabling them to establish a stable living environment while also reducing waste and making the most of donated items.
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Impact
July, 2024
Bridging Inc empowers individuals and families seeking housing stability by providing them with quality furniture and household goods, ultimately stabilizing and enhancing their lives. With a dedication to serving over 4,600 client households annually - a significant portion being children - Bridging makes a substantial impact in the seven-county metro area of the Twin Cities. Through the efficient use of community resources and a committed team of staff and volunteers, Bridging not only transforms homes but also prevents around 10-11 million pounds of items from going to waste each year. This organization's profound commitment to recycling and redistribution contributes significantly to the well-being of those transitioning out of homelessness and poverty.
This information is meant to be a general summary of Bridging 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 2023.
- Investment Income: $51,859
- Program Service Revenue: $1,378,735
- Gross Receipts: $12,647,844
Assets and Liabilities:
- Total Assets: $8,600,999
- Total Liabilities: $406,555
- Net Assets: $8,194,444
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Delivery fees
Revenue
$743,315
Appointment fees
Revenue
$381,983
Residential pickup fee
Revenue
$236,319
Miscellaneous Income
Revenue
$17,118
Organization Details
Founding Year
1992
Principal Officer
Mark Wilkening
Website
www.bridging.orgNTEE Category
Code: Z99Z - Unknown
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