Overview
What is Brentwood Economic Com Dev Corp?
Brentwood Economic Com Dev Corp, also known as the Brentwood Community Foundation, is a nonprofit organization situated in Houston, Texas. Their primary mission is to enhance the quality of life in the greater Houston community through various programs focusing on education, economic development, arts, health, and social services. One of their significant initiatives, Project WAITT, provides assistance with housing, rent, mortgage payments, and utilities, as well as operates a transitional housing facility for individuals living with HIV. This organization, with a team of 13 dedicated employees, strives to support and uplift the local community.
Official website here: www.brentwoodfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating.
The Brentwood Economic Development Corporation has achieved an impressive 96% score, earning a Four-Star rating from Charity Navigator. This high rating reflects strong accountability and financial health, which is critical for nonprofit organizations. The evaluation is based entirely on the organization’s financial practices, which have been rated exceptionally well across various categories.
The charity demonstrates a commitment to transparency, with all board members being independent and a well-structured governance framework. They score perfectly on financial oversight, as evidenced by their audit and oversight committee's high rating. Additionally, they maintain robust policies regarding conflicts of interest and whistleblower protections, further enhancing their accountability.
A notable strength of the organization is its efficient allocation of resources, with 96.08% of expenses going directly to programs. This suggests that the Brentwood Economic Development Corporation effectively utilizes its funds to fulfill its mission. However, while the data highlights several strengths, it does not provide insights into the specific programs or outcomes achieved, which could offer a more comprehensive understanding of the organization's impact.
This AI summary has been generated from information found on Charity Navigator.
Is Brentwood Economic Com Dev Corp legitimate?
Brentwood Economic Com Dev Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Brentwood Economic Com Dev Corp 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: $153,064
Professional Fundraising Fees: $0
Other Salaries and Wages: $112,753
For more financial information, click here
Official website here: www.brentwoodfoundation.org
What is the mission statement of Brentwood Economic Com Dev Corp?
The Brentwood Economic Development Corporation aims to enhance the quality of life in the greater Houston community through various programs focusing on education, economic development, arts, health, and social services. One of their key initiatives, Project WAITT, provides assistance with housing, rent, mortgage payments, and utilities, as well as operating a transitional housing facility for individuals affected by HIV.
Official website here: www.brentwoodfoundation.org
Who is the CEO of Brentwood Economic Com Dev Corp?
Glenda Hopkins is the Chairman Of The Board of Brentwood Economic Com Dev Corp.
Official website here: www.brentwoodfoundation.org
What is the revenue of Brentwood Economic Com Dev Corp?
Brentwood Economic Com Dev Corp's revenue in 2022 was $923,055.
Official website here: www.brentwoodfoundation.org
Who are the executives of Brentwood Economic Com Dev Corp and what are their salaries?
The average compensation at Brentwood Economic Com Dev Corp during 2022 was $20,447. There are 13 employees at Brentwood Economic Com Dev Corp.
Here are 9 key members and their salaries:
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- Compensation: $16,376
- Related: $27,610
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- Compensation: $61,500
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Official website here: www.brentwoodfoundation.org
Where can I find the form 990 for Brentwood Economic Com Dev Corp?
Brentwood Economic Com Dev Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.brentwoodfoundation.org
Learn more at the official website: www.brentwoodfoundation.org
Mission Statement of Brentwood Economic Com Dev Corp
Brentwood Economic Community Development Corporation, often referred to as Brentwood ECDC, is dedicated to enhancing the quality of life in the broader community through various programs. Their mission encompasses education, economic development, arts, health, and social services. By implementing these initiatives, Brentwood ECDC aims to improve the living standards of individuals within their community.
One of the significant ways Brentwood ECDC carries out its mission is through Project WAITT. This initiative offers assistance with housing, rent, mortgage payments, and utilities for individuals who are affected by HIV. Furthermore, Brentwood ECDC operates a transitional housing facility to provide a supportive environment for those in need. This holistic approach to improving living conditions demonstrates Brentwood ECDC's commitment to addressing various aspects of community well-being.
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Impact
July, 2024
Brentwood Economic Com Dev Corp, through Project Waitt, provides crucial assistance for housing, rent, mortgage payments, and utilities. Additionally, they operate a transitional housing facility for individuals with HIV. Their impact can be seen in the tangible support they offer to those in need by providing rent, mortgage, and utilities assistance, along with a safe space for those affected by HIV to transition into stable housing. In this way, Brentwood Economic Com Dev Corp contributes significantly to improving the quality of life in the Greater Houston community by addressing housing challenges and supporting individuals facing health-related struggles.
This information is meant to be a general summary of Brentwood Economic Com Dev Corp. 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 2022.
- Investment Income: $1,915
- Program Service Revenue: $92,632
- Gross Receipts: $923,055
Assets and Liabilities:
- Total Assets: $384,392
- Total Liabilities: $15,864
- Net Assets: $368,528
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Scholarship
Revenue
$92,632
Organization Details
Founding Year
1993
Phone
(713) 852-1451Principal Officer
Glenda Hopkins
Main Address
13033 LANDMARK, HOUSTON, TX, 77045
Website
www.brentwoodfoundation.orgNTEE Category
Code: L80Z - Housing
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