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Bridge House Corporation

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

EIN: 726027674 ✦ New orleans, LA ✦ Designated as a 501(c)(3)

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Overview

What is Bridge House Corporation?

The Bridge House Corporation is a nonprofit organization dedicated to offering substance abuse treatment services. Their mission is to support individuals who have lost hope, help, and even considered dying. By providing essential services, they aim to restore lives and offer second chances to those in need.


Official website here: www.bridgehouse.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97% (Four-Star out of Four Star rating)

Bridge House Corporation has achieved a remarkable 97% score from Charity Navigator, demonstrating outstanding performance in accountability and finance. This high rating reflects the organization's commitment to transparency and effective financial management, with a specific emphasis on independent oversight and strong governance practices.

The charity is notable for its fully independent board, consisting of 20 members, and has established robust policies including conflict of interest and whistleblower protections. Additionally, the organization shows a strong program expense ratio of 82.61%, indicating that a substantial portion of its funds is directed towards its mission-driven programs rather than administrative costs.

While the financial indicators are all strong, with an efficient fundraising ratio and a healthy working capital ratio, there are no significant limitations noted in the available data. Overall, Bridge House Corporation exemplifies a well-run nonprofit dedicated to maintaining high standards in financial and operational accountability.


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

What do the Facebook reviews say about Bridge House Corporation?

100% of 27 reviewers on Facebook recommend Bridge House Corporation. Here’s a summary of their thoughts:

Many users express deep gratitude for the transformative impact that Bridge House has had on their lives. One reviewer noted that the organization "saved [their] life" and highlighted their commitment to giving back by supporting others within the program. The positive experiences shared suggest that individuals feel supported and inspired by the structure and guidance provided, particularly through the 12-step program.

Overall, the sentiment surrounding Bridge House Corporation is overwhelmingly positive, with reviewers appreciating the support they received and the opportunity to contribute to the community by helping others. This organization clearly delivers on its promise to empower individuals and foster recovery.


This AI summary has been generated from reviews found on Facebook.

Is Bridge House Corporation legitimate?

Bridge House Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bridge House 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: $236,437
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,187,364

For more financial information, click here


Official website here: www.bridgehouse.org

What is the mission statement of Bridge House Corporation?

The Bridge House Corporation is dedicated to extending a helping hand to individuals who have succumbed to substance abuse and find themselves in a state of despair. With a mission to revive the lost hope and sense of purpose in these individuals, the organization offers treatment services to those who feel hopeless, helpless, and even desperate, with some even considering suicide. The organization aims to restore the dignity and self-worth of these individuals by providing them with the necessary tools and resources to overcome their addiction and regain control of their lives. The ultimate goal is to enable them to rejoin society as productive members and lead fulfilling lives.


Official website here: www.bridgehouse.org

Who is the CEO of Bridge House Corporation?

Else Pedersen is the Board Member of Bridge House Corporation. The CEO's salary of Bridge House Corporation is $134,330 and their total compensation is $134,330.


Official website here: www.bridgehouse.org

What is the revenue of Bridge House Corporation?

Bridge House Corporation's revenue in 2022 was $13,156,719.


Official website here: www.bridgehouse.org

Who are the executives of Bridge House Corporation and what are their salaries?

The average compensation at Bridge House Corporation during 2022 was $24,853. There are 178 employees and 100 volunteers at Bridge House Corporation.


Here are 22 key members and their salaries (Bridge House Corporation's CEO's salary is $134,330 and their total compensation is $134,330):


Greg Romig (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Commander (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Walton Goldring (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Pou (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
D Scott Crabtree (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Catherine Downs (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
H Elder Gwin (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
George W Healy Iv (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Lagrone (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Haigler (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anne Raymond (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rachael Johnson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Rueb (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gregory Rusovich (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Shea (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Tipton (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cherrell Simms Taplin (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharonda Williams (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elly Zakris Md (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chip Verges (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Walter Wright (Chief Financial Officer)
  • Compensation: $102,107
  • Related: $0
  • Other: $0
Else Pedersen (Chief Executive Officer)
  • Compensation: $134,330
  • Related: $0
  • Other: $0


Official website here: www.bridgehouse.org

Where can I find the form 990 for Bridge House Corporation?

Bridge House Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.bridgehouse.org

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

Mission Statement of Bridge House Corporation

Bridge House Corporation, a dedicated nonprofit organization, strives to extend a helping hand to those who have succumbed to substance abuse and find themselves in a state of despair. With a mission to revive the hope and dignity of those who have lost everything, the organization caters to individuals who are hopeless, helpless, and even contemplating death. The organization's primary focus is on delivering substance abuse treatment services that cater to the unique needs of these individuals, providing them with a renewed sense of purpose and the tools they need to overcome their struggles. The compassionate team at Bridge House Corporation understands that the road to recovery can be long and arduous, and they are committed to walking alongside each person, offering unwavering support and guidance every step of the way. The organization's unwavering dedication to its mission ensures that those in need are not left behind, providing them with the opportunity to reclaim their lives and embrace a brighter future.

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Impact




October, 2024

Bridge House Corporation significantly impacts the community by providing vital substance abuse treatment services to individuals facing extreme hardship. Located in New Orleans, Louisiana, the organization reaches out to those who feel hopeless, helpless, and even suicidal, offering them the support and care they desperately need.

Through its programs, Bridge House Corporation addresses the critical mental health needs of individuals who have lost everything, fostering an environment where healing and recovery can begin. By focusing on personalized treatment, the organization empowers clients to regain control of their lives, build resilience, and develop healthier coping mechanisms.

The work done by Bridge House Corporation not only transforms individual lives but also contributes to the overall well-being of the community. By steering individuals towards recovery, the organization helps reduce the stigma surrounding substance abuse and mental health issues, paving the way for a more supportive and understanding society.




This information is meant to be a general summary of Bridge House 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.

Revenue
$13,156,719 (2022)
Expenses
$8,873,470 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $361,552
  • Program Service Revenue: $3,529,914
  • Gross Receipts: $16,749,639

Assets and Liabilities:

  • Total Assets: $29,764,352
  • Total Liabilities: $5,521,381
  • Net Assets: $24,242,971

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Programs

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

CLIENT SERVICES (MEDICAID)

Revenue

$3,156,554

CLIENT SERVICES (FOOD STAMPS)

Revenue

$299,803

CLIENT SERVICES (OTHER)

Revenue

$73,557

Organization Details

Founding Year

1957

Principal Officer

Else Pedersen

Main Address

4150 EARHART BLVD, NEW ORLEANS, LA, 70125

NTEE Category

Code: F34Z - Mental health

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