Overview
What is Bridge Community Impact?
Bridge Community Impact is a nonprofit organization situated in San Francisco, California. Its main purpose is to fund and provide services to support low-income, elderly, and disabled households residing in Bridge-related housing developments. By doing so, the organization aims to alleviate the burden on local government, combat community deterioration, and lessen neighborhood tensions in communities associated with Bridge-related housing developments. Contributing to this mission, Bridge Community Impact supports Bridge Housing Corporation (Bridge), an organization that develops, owns, and manages high-quality, affordable homes for working families and seniors. Bridge is recognized as a leader and innovator in the field of affordable and mixed-income housing, earning customer satisfaction from various stakeholders, including residents, neighbors, investors, taxpayers, and employees. Overall, Bridge Community Impact plays a crucial role in strengthening communities and creating opportunities for vulnerable populations by providing housing solutions.
What are the reviews and ratings of this charity?
Charity Navigator rating: 79%, Three-Star out of Four Star rating.
Bridge Community Impact has achieved a commendable 79% score, indicating strong performance in accountability and finance. The rating is primarily based on the organization's robust financial management, which demonstrates a commitment to responsible stewardship of resources. Key areas such as document retention policies and board meeting minutes are well maintained, contributing positively to their overall score.
The organization excels notably in its program expense ratio, with an impressive 98.79%, reflecting a high percentage of funds directed towards its programs rather than administrative costs. Furthermore, it showcases effective governance practices with no material diversion of assets and comprehensive conflict of interest and whistleblower policies in place.
However, while the organization has a solid financial foundation, potential donors may want to consider the overall impact and outcomes of its programs, as the rating does not provide insights into program effectiveness or community engagement. Investing in further transparency regarding their operational impact could enhance their overall reputation and trust among stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Bridge Community Impact legitimate?
Bridge Community Impact is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bridge Community Impact 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: $1,075,020
For more financial information, click here
What is the mission statement of Bridge Community Impact?
Bridge Community Impact supports Bridge Housing Corporation's mission to strengthen communities by developing, owning, and managing high-quality, affordable homes for working families and seniors. The organization's vision encompasses more than just housing, aiming to create opportunities for these groups and enhance community life. As a leader and innovator in the affordable housing sector, Bridge Community Impact delivers exceptional customer satisfaction to all stakeholders, including residents, neighbors, investors, and employees. The organization serves as a go-to developer and owner for public officials, investors, and communities seeking various housing solutions, consistently delivering results.
Who is the CEO of Bridge Community Impact?
Delphine Sherman is the Evp Of Development (Outgoing) of Bridge Community Impact. The CEO's salary of Bridge Community Impact is $0 and their total compensation is $538,963.
What is the revenue of Bridge Community Impact?
Bridge Community Impact's revenue in 2022 was $2,743,356.
Who are the executives of Bridge Community Impact and what are their salaries?
Here are 7 key members and their salaries (Bridge Community Impact's CEO's salary is $0 and their total compensation is $538,963):
- Compensation: $0
- Related: $486,042
- Other: $98,469
- Compensation: $0
- Related: $503,363
- Other: $35,600
- Compensation: $0
- Related: $347,144
- Other: $116,424
- Compensation: $0
- Related: $342,254
- Other: $104,797
- Compensation: $0
- Related: $347,823
- Other: $97,080
- Compensation: $0
- Related: $245,086
- Other: $21,219
- Compensation: $0
- Related: $76,056
- Other: $3,970
Where can I find the form 990 for Bridge Community Impact?
Bridge Community Impact's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Bridge Community Impact
Bridge Community Impact, a supporting organization, is committed to strengthening communities by developing, owning, and managing high-quality, affordable homes for working families and seniors. The organization's vision extends beyond housing, aiming to create opportunities for these populations within the communities they serve. Bridge Community Impact is recognized as a leader and innovator in the mission-driven business of producing, operating, and owning affordable and mixed-income housing. The organization strives to earn the highest degree of satisfaction from all stakeholders, including residents, neighbors, investors, taxpayers, private- and public-sector partners, and employees. Bridge Community Impact is also the go-to developer and owner for public officials, investors, and communities seeking a variety of housing solutions, consistently delivering results.
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Impact
July, 2024
Bridge Community Impact's impact is centered around strengthening communities by developing, owning, and managing high-quality, affordable homes for working families and seniors. They play a vital role in providing housing solutions that create opportunities for those in need, ultimately contributing to the overall well-being of residents and neighborhoods associated with their housing developments. Their goal is to combat community deterioration, lessen neighborhood tensions, and support low- and moderate-income households, elderly, and disabled individuals through various programs and services. The organization aims to be a leader and innovator in the housing sector, earning high levels of customer satisfaction from all stakeholders involved.
This information is meant to be a general summary of Bridge Community Impact. 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: $6,929
- Gross Receipts: $2,743,356
Assets and Liabilities:
- Total Assets: $7,356,793
- Total Liabilities: $3,059,133
- Net Assets: $4,297,660
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Organization Details
Founding Year
2016
Phone
(415) 989-1111Principal Officer
Delphine Sherman
Main Address
600 CALIFORNIA STREET 900, SAN FRANCISCO, CA, 94108
NTEE Category
Code: L11 - Housing
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