Bessemer Redevelopment Corp

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

EIN: 851601510 ✦ Bessemer, AL ✦ Designated as a 501(c)(3)

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Overview

What is Bessemer Redevelopment Corp?

Bessemer Redevelopment Corp is a nonprofit organization based in Bessemer, Alabama, with a mission to enhance the quality of life in the community. Their primary focus is on acquiring and redeveloping vacant and blighted properties, transforming them into community assets. This includes building or renovating affordable housing, creating public spaces, and improving safety features such as sidewalks and streetlights. By leading community-first development projects, the organization aims to attract like-minded developers, contributing to the overall improvement of Bessemer, Alabama, and its neighborhoods. With a team of three dedicated individuals, Bessemer Redevelopment Corp is committed to making Bessemer, nicknamed the "Marvel City," a deserving name.


Official website here: www.brcal.org

Is Bessemer Redevelopment Corp legitimate?

Bessemer Redevelopment Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bessemer Redevelopment 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $176,451

For more financial information, click here


Official website here: www.brcal.org

What is the mission statement of Bessemer Redevelopment Corp?

Bessemer Redevelopment Corp, as an organization, is committed to improving the quality of life in various communities and neighborhoods by leading community-driven development projects. Their mission involves constructing or renovating affordable housing, creating community assets, building quality public spaces, and enhancing safety through measures like safer sidewalks and streetlights. The corporation believes in the potential of these communities to achieve a standard of living that merits the title "Marvel City." They aim to contribute to this vision by executing targeted, catalytic projects that attract other like-minded developers, working collaboratively for community transformation.


Official website here: www.brcal.org

Who is the CEO of Bessemer Redevelopment Corp?

Brian Giattina is the President of Bessemer Redevelopment Corp.


Official website here: www.brcal.org

What is the revenue of Bessemer Redevelopment Corp?

Bessemer Redevelopment Corp's revenue in 2022 was $777,066.


Official website here: www.brcal.org

Who are the executives of Bessemer Redevelopment Corp and what are their salaries?

The average compensation at Bessemer Redevelopment Corp during 2022 was $58,817. There are 3 employees and 6 volunteers at Bessemer Redevelopment Corp.


Here are 6 key members and their salaries:


Brian Giattina (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Rogers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Welden (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Paige (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ashley Norris (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Calvin Bell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.brcal.org

Where can I find the form 990 for Bessemer Redevelopment Corp?

Bessemer Redevelopment Corp's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.brcal.org

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

Mission Statement of Bessemer Redevelopment Corp

Bessemer Redevelopment Corp, with a strong belief in the potential of communities, is committed to spearheading the transformation of neighborhoods in an unspecified location. Their mission is threefold: firstly, they engage in community-led development, constructing or renovating affordable housing that not only serves as a dwelling but also becomes a valuable asset to the community. Secondly, they create structures and sites that contribute positively to the community, enhancing the quality of public spaces and ensuring a safer environment for all residents, including improved infrastructure like sidewalks and streetlights. Lastly, Bessemer Redevelopment Corp aims to collaborate with like-minded developers, executing multi-faceted projects that catalyze further growth and development in the community. Their ultimate goal is to elevate the community's quality of life, making it a place worthy of the name "Marvel City."

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Impact




July, 2024

Bessemer Redevelopment Corp plays a crucial role in revitalizing neighborhoods in Bessemer, Alabama, through community-first development initiatives. Their focus on creating affordable housing options, transforming blighted properties into community assets, and enhancing public spaces contributes to a safer and more attractive environment for all residents. Through their strategic acquisitions and redevelopment projects, they are actively working towards fulfilling their vision of making Bessemer a vibrant and thriving city worthy of the name Marvel City. Their impact is evident in the positive transformation of neighborhoods and the collaborative efforts that bring together like-minded developers for the betterment of the community.




This information is meant to be a general summary of Bessemer Redevelopment 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.

Revenue
$777,066 (2022)
Expenses
$496,941 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $3,844
  • Gross Receipts: $790,926

Assets and Liabilities:

  • Total Assets: $1,300,172
  • Total Liabilities: $750,355
  • Net Assets: $549,817

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Organization Details

Founding Year

2020

Principal Officer

Brian Giattina

Main Address

2625 5TH AVE N BLDG C, BESSEMER, AL, 35020

NTEE Category

Code: S20 - Community improvement

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