Overview
What is City Of Bridges Clt?
City of Bridges CLT is a nonprofit organization located in Pittsburgh, Pennsylvania, specifically at 5515 Penn Avenue 100, with a mission to revitalize residential properties within the city and Allegheny County. Their primary goal is to foster community ownership, promoting permanent affordability, empowering individuals, and ensuring responsible growth and stewardship. With a dedicated team of seven employees, they work towards preserving affordable housing and fostering a sense of community involvement. Their activities primarily revolve around residential property development, aiming to enhance the living conditions of the local population.
Official website here: www.cityofbridgesclt.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Stars)
City Of Bridges Clt has earned a commendable Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial health. The charity's overall score is derived entirely from its impressive Accountability & Finance score of 95%. This rating indicates that the organization adheres to high standards in managing its resources and maintaining transparency.
The organization boasts an independent board of directors, with 10 out of 10 members being independent, which enhances its governance practices. It also scored full points in several key areas, including the presence of an audit and oversight committee, conflict of interest policies, and thorough documentation of board meeting minutes. Additionally, it has demonstrated sound financial management, with a low liabilities to assets ratio and efficient fundraising practices.
Despite these strengths, it's worth noting that their program expense ratio is high, indicating that a significant majority of their expenses are dedicated to program services rather than administrative costs. Overall, City Of Bridges Clt shows a solid financial foundation and commitment to its mission, making it a trustworthy choice for potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is City Of Bridges Clt legitimate?
City Of Bridges Clt is a legitimate nonprofit organization registered as a 501(c)(3) entity. City Of Bridges Clt 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: $101,319
Professional Fundraising Fees: $0
Other Salaries and Wages: $299,385
For more financial information, click here
Official website here: www.cityofbridgesclt.org/
What is the mission statement of City Of Bridges Clt?
The mission of City of Bridges CLT, in essence, is geared towards fostering community ownership. This objective involves preserving affordable housing permanently, empowering individuals, and promoting responsible growth and stewardship. This organization strives to revitalize residential properties in a specific location, without disclosing specific details, with a focus on ensuring that the community thrives sustainably.
Official website here: www.cityofbridgesclt.org/
Who is the CEO of City Of Bridges Clt?
Ed Nusser is the Executive Dir. of City Of Bridges Clt.
Official website here: www.cityofbridgesclt.org/
What is the revenue of City Of Bridges Clt?
City Of Bridges Clt's revenue in 2022 was $887,530.
Official website here: www.cityofbridgesclt.org/
Who are the executives of City Of Bridges Clt and what are their salaries?
The average compensation at City Of Bridges Clt during 2022 was $57,243. There are 7 employees and 14 volunteers at City Of Bridges Clt.
Here are 12 key members and their salaries:
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Official website here: www.cityofbridgesclt.org/
Where can I find the form 990 for City Of Bridges Clt?
City Of Bridges Clt's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cityofbridgesclt.org/
Learn more at the official website: www.cityofbridgesclt.org/
Mission Statement of City Of Bridges Clt
The City of Bridges CLT, as a nonprofit organization, is committed to establishing community ownership. This mission revolves around preserving permanent affordability, empowering individuals, and promoting responsible growth and stewardship. The organization takes an active role in revitalizing residential properties within the City of Pittsburgh and Allegheny County. By doing so, it aims to create a sense of community engagement and ensure that affordable housing remains a viable option for its residents. The ultimate goal is to empower individuals within these communities, fostering a sense of responsibility and pride in their surroundings.
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Impact
July, 2024
City Of Bridges Clt's impact lies in revitalizing residential properties in Pittsburgh and Allegheny County. Their mission to build community ownership for permanent affordability, empower individuals, and ensure responsible growth and stewardship directly contributes to the improvement and sustainability of neighborhoods in the region. Through their focus on housing and neighborhood development, City Of Bridges Clt is actively working towards creating long-lasting positive outcomes for the community.
This information is meant to be a general summary of City Of Bridges Clt. 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.
- Program Service Revenue: $158,035
- Gross Receipts: $900,823
Assets and Liabilities:
- Total Assets: $4,216,233
- Total Liabilities: $1,460,683
- Net Assets: $2,755,550
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Developer Fees
Revenue
$46,185
Program Service Fees
Revenue
$111,850
Organization Details
Founding Year
2019
Phone
(412) 621-1811Principal Officer
Ed Nusser
Main Address
5515 Penn Avenue 100, Pittsburgh, PA, 15206
Website
www.cityofbridgesclt.org/NTEE Category
Code: L20 - Housing
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