Overview
What is Bridge Housing Corporation?
Bridge Housing Corporation (Bridge) is a prominent nonprofit organization based in San Francisco, California, with a mission to strengthen communities by developing, owning, and managing high-quality, affordable homes for working families and seniors. With a substantial portfolio of 21,000 homes placed in service and 8,100 units currently in progress, Bridge is among the largest affordable housing developers. Their housing solutions range from apartments to single-family homes, designed to seamlessly fit into their surroundings and serve as catalysts for neighborhood revitalization. Bridge's vision extends beyond housing, aiming to create opportunities for families and seniors, earning the highest degree of customer satisfaction from all stakeholders, and being the go-to developer and owner for public officials, investors, and communities seeking efficient housing solutions. Their team consists of approximately 201 employees dedicated to delivering results.
Official website here: www.bridgehousing.com
What are the reviews and ratings of this charity?
Charity Navigator Rating 95%
Bridge Housing Corporation has achieved a Four-Star out of Four Star rating from Charity Navigator, highlighting its strong commitment to accountability and finance. The organization excelled in various metrics, including having an entirely independent board and a high program expense ratio, indicating a focus on its mission to provide quality affordable housing.
User reviews from Great Nonprofits consistently praise Bridge Housing for its impactful work and mission. Reviewers highlight the importance of safe, affordable homes and the positive influence the organization has on the lives of low-income families. Many former employees express a deep commitment to the organization, emphasizing a supportive work environment and the effectiveness of its programs.
While feedback is overwhelmingly positive, potential limitations are not explicitly noted in the available data. Nonetheless, the high ratings and supportive testimonials suggest a strong reputation for transparency and effectiveness within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Bridge Housing Corporation legitimate?
Bridge Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bridge Housing Corporation 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: $4,516,882
Professional Fundraising Fees: $0
Other Salaries and Wages: $10,984,220
For more financial information, click here
Official website here: www.bridgehousing.com
What is the mission statement of Bridge Housing Corporation?
Bridge Housing Corporation's mission is to fortify communities by creating high-quality, affordable homes for working families and seniors. The organization's vision extends beyond housing, aiming to foster opportunities for these demographics. Bridge leads and innovates in the mission-driven housing sector, delivering effective production, operation, and ownership of affordable and mixed-income housing. The corporation earns exceptional satisfaction from all stakeholders, including residents, neighbors, investors, taxpayers, private and public sector partners, and employees. Bridge is the go-to developer and owner for governments, investors, and communities seeking diverse housing solutions, consistently delivering results.
Official website here: www.bridgehousing.com
Who is the CEO of Bridge Housing Corporation?
Kenneth Lombard is the President & Ceo of Bridge Housing Corporation. The CEO's salary of Bridge Housing Corporation is $503,363 and their total compensation is $538,963.
Official website here: www.bridgehousing.com
What is the revenue of Bridge Housing Corporation?
Bridge Housing Corporation's revenue in 2022 was $69,068,304.
Official website here: www.bridgehousing.com
Who are the executives of Bridge Housing Corporation and what are their salaries?
The average compensation at Bridge Housing Corporation during 2022 was $77,120. There are 201 employees and 12 volunteers at Bridge Housing Corporation.
Here are 30 key members and their salaries (Bridge Housing Corporation's CEO's salary is $503,363 and their total compensation is $538,963):
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- Compensation: $325,537
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- Compensation: $347,144
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- Compensation: $347,823
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- Other: $97,080
- Compensation: $503,363
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- Compensation: $486,042
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- Other: $98,469
- Compensation: $333,278
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- Compensation: $342,254
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- Other: $3,970
- Compensation: $371,530
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- Other: $100,852
- Compensation: $245,086
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- Other: $21,219
- Compensation: $355,650
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- Other: $34,862
- Compensation: $592,378
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- Other: $63,162
- Compensation: $274,452
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- Other: $102,190
- Compensation: $241,458
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- Other: $57,299
- Compensation: $236,655
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- Other: $59,720
- Compensation: $232,233
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- Other: $37,613
Official website here: www.bridgehousing.com
Where can I find the form 990 for Bridge Housing Corporation?
Bridge Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bridgehousing.com
Learn more at the official website: www.bridgehousing.com
Mission Statement of Bridge Housing Corporation
Bridge Housing Corporation, a mission-driven organization, is dedicated to strengthening communities by developing, owning, and managing high-quality, affordable homes for working families and seniors. The corporation's vision extends beyond housing, aiming to create opportunities for these groups and foster thriving communities.
Bridge Housing Corporation is a leader and innovator in the production, operation, and ownership of affordable and mixed-income housing. They earn the highest degree of customer satisfaction from all stakeholders, including residents, neighbors, investors, taxpayers, private- and public-sector partners, and employees. Bridge is the go-to developer and owner for public officials, investors, and communities seeking a range of housing solutions. Their commitment to delivering results has made them a respected name in the industry.
In their pursuit of community strengthening, Bridge Housing Corporation effectively combines affordable housing with opportunities for working families and seniors. They are a mission-driven business that prides itself on its innovative approaches to affordable housing production, operation, and ownership. The corporation's unwavering dedication to customer satisfaction ensures that all parties involved are content with the living arrangements and the overall community impact. As a trusted partner for public officials, investors, and communities, Bridge Housing Corporation continues to deliver on its promise of creating lasting, positive change.
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Impact
October, 2024
Bridge Housing Corporation significantly impacts communities by developing, owning, and managing high-quality, affordable homes specifically tailored for working families and seniors. With over 21,000 homes already in service and an additional 8,100 units in progress, it stands as one of the largest affordable housing developers in the region.
By providing a diverse range of housing types, Bridge not only meets the urgent need for affordable living options but also fosters neighborhood revitalization and community strength. Its commitment to enhancing the quality of life for residents is evident in the high levels of customer satisfaction reported by stakeholders, including residents, neighbors, and public officials.
Bridge's innovative approach positions it as a trusted partner for investors and communities seeking effective housing solutions. Its work not only addresses the critical housing challenges faced by many but also creates opportunities that extend beyond housing, contributing to broader social and economic uplift within communities.
This information is meant to be a general summary of Bridge Housing Corporation. 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: $5,488,236
- Program Service Revenue: $41,274,189
- Gross Receipts: $77,146,562
Assets and Liabilities:
- Total Assets: $232,061,703
- Total Liabilities: $118,179,446
- Net Assets: $113,882,257
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DEVELOPER FEES
Revenue
$33,474,366
OTHER INCOME
Revenue
$6,664,360
PARTNERSHIP INCOME
Revenue
$754,256
MANAGEMENT FEES
Revenue
$251,889
RENTAL INCOME
Revenue
$129,318
Organization Details
Founding Year
1982
Phone
(415) 989-1111Principal Officer
Kenneth Lombard
Main Address
600 CALIFORNIA STREET 900, SAN FRANCISCO, CA, 94108
Website
www.bridgehousing.comNTEE Category
Code: L200 - Housing
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