Overview
What is Bridgecourt Housing Inc?
Bridgecourt Housing Inc, situated in San Rafael, California, is a nonprofit organization committed to upholding the charitable goals of EAH Inc., a California-based public benefit corporation. Their primary focus is on providing affordable housing for low-income individuals. In 2016, they purchased an apartment complex in Fairfax with 27 units and have since expanded their mission by being the limited partner in 17 limited partnerships across California, all working on developing more low-income housing projects.
Is Bridgecourt Housing Inc legitimate?
Bridgecourt Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bridgecourt Housing Inc submitted a form 990EZ, 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: $0
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What is the mission statement of Bridgecourt Housing Inc?
Bridgecourt Housing Inc, following in the footsteps of EAH Inc., a California-based nonprofit, is dedicated to providing affordable housing for low-income individuals. To achieve this mission, the corporation purchased a complex with 27 rental units in Fairfax, CA in 2016. Furthermore, Bridgecourt Housing serves as the limited partner in 17 ongoing California projects, all focused on developing more low-income housing units. This organization's primary goal is to contribute to the charitable functions of EAH Inc., thereby improving housing accessibility for those in need.
What is the revenue of Bridgecourt Housing Inc?
Bridgecourt Housing Inc's revenue in 2023 was $2,810,799.
Who are the executives of Bridgecourt Housing Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $612,298
- Other: $43,208
- Compensation: $0
- Related: $520,780
- Other: $29,184
- Compensation: $0
- Related: $381,279
- Other: $37,687
Where can I find the form 990 for Bridgecourt Housing Inc?
Bridgecourt Housing Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Bridgecourt Housing Inc
Bridgecourt Housing, as an extension of EAH Inc., a California-based nonprofit corporation, is committed to carrying out charitable functions and purposes focused on providing affordable housing for low-income individuals. In line with this mission, Bridgecourt Housing acquired a 27-unit apartment complex in Fairfax, California, in 2016, catering to individuals with limited financial resources. Apart from this, the organization serves as the limited partner in 17 limited partnerships spread across California, all working towards the development of additional low-income housing projects. By investing in and managing these housing projects, Bridgecourt Housing contributes to the provision of safe and affordable living spaces for individuals in need, thereby playing a crucial role in alleviating housing disparities.
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Impact
October, 2024
Bridgecourt Housing Inc has made a significant impact on the availability of low-income housing in California. By purchasing an apartment complex in Fairfax, CA, with 27 rental units specifically designated for low-income individuals, Bridgecourt has directly provided much-needed housing solutions. This initiative is critical in a state where affordable housing is scarce and many individuals and families struggle to find suitable accommodations.
Moreover, Bridgecourt's role as a limited partner in 17 limited partnerships throughout California amplifies its impact by supporting the development of additional low-income housing projects. This multifaceted approach not only addresses immediate housing needs but also contributes to long-term solutions in affordable housing availability, fostering stability for low-income communities. Overall, Bridgecourt Housing Inc plays a crucial role in enhancing the quality of life for individuals in need of affordable housing options while actively working towards expanding access throughout the region.
This information is meant to be a general summary of Bridgecourt Housing Inc. 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 2023.
- Investment Income: $34,220
- Program Service Revenue: $1,295
- Gross Receipts: $2,810,799
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MISCELLANEOUS INCOME
Revenue
$1,295
Organization Details
Principal Officer
Cathy Macy
NTEE Category
Code: L25Z - Housing
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