Overview
What is Bridge Third Street Inc?
Bridge Third Street Inc, situated in San Francisco, CA, is a nonprofit organization that collaborates with Bridge Housing Corporation to create and maintain high-quality, affordable housing for working families and seniors. The organization has a history of serving as a general partner in partnerships, managing affordable housing projects for low-income individuals, such as one that operated until 2018. Currently, Bridge Third Street continues its mission in this capacity as a general partner in YWCA Villa Nueva Partners, which manages another affordable housing project.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star rating)
Bridge Third Street Inc has achieved an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and financial performance. This score reflects their strong commitment to ethical governance and responsible financial management, assessed through various metrics, with a perfect score in significant areas like board independence and financial ratios.
The organization demonstrates a commendable level of transparency, featuring an independent board and robust policies, including conflict of interest and whistleblower policies. Their fiscal management is notable, with a program expense ratio that shows a significant portion of their funds is directed towards their mission-related activities, further enhancing their credibility.
While the charity has performed exceptionally well in financial accountability, ongoing engagement with stakeholders and community awareness could bolster their impact. Overall, Bridge Third Street Inc stands out as a well-managed nonprofit with strong governance practices, making it a trustworthy option for donors.
This AI summary has been generated from information found on Charity Navigator.
Is Bridge Third Street Inc legitimate?
Bridge Third Street Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bridge Third Street 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.
What is the mission statement of Bridge Third Street Inc?
Bridge Third Street Inc supports the mission of Bridge Housing Corporation by contributing to the development, ownership, and management of affordable housing for working families and seniors. Historically, Bridge Third Street was involved in a partnership that offered housing for low-income individuals, but this partnership dissolved in 2018. Currently, the organization serves as a general partner in YWCA Villa Nueva Partners, which continues to provide housing for low-income individuals. In essence, Bridge Third Street Inc plays a role in ensuring that affordable housing options remain available for those in need.
Who is the CEO of Bridge Third Street Inc?
Susanne Wilson is the President of Bridge Third Street Inc.
What is the revenue of Bridge Third Street Inc?
Bridge Third Street Inc's revenue in 2022 was $1,800.
Who are the executives of Bridge Third Street Inc and what are their salaries?
Here are 4 key members and their salaries:
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Where can I find the form 990EZ for Bridge Third Street Inc?
Bridge Third Street Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Bridge Third Street Inc
Bridge Third Street Inc plays a crucial role in supporting Bridge Housing Corporation in the development, ownership, and management of high-quality, affordable homes for working families and seniors. Previously, the organization served as a general partner in a partnership that managed an affordable housing project for low-income individuals until its dissolution in 2018. Currently, Bridge Third Street Inc continues its mission as a general partner in YWCA Villa Nueva Partners, which oversees another affordable housing project for low-income individuals. By participating in these projects, Bridge Third Street Inc contributes to the provision of affordable housing options for those in need.
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Impact
August, 2024
Bridge Third Street Inc's impact lies in its crucial role in supporting Bridge Housing Corporation in developing, owning, and managing high-quality, affordable homes for working families and seniors. By serving as a general partner in affordable housing projects for low-income individuals, such as the YWCA Villa Nueva Partners, this organization plays a vital part in providing much-needed housing options for marginalized communities in San Francisco, CA. Through its dedication to affordable housing, Bridge Third Street Inc contributes to creating more equitable and sustainable communities, offering stability and security to those in need.
This information is meant to be a general summary of Bridge Third Street 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 2022.
- Gross Receipts: $1,800
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Phone
(415) 989-1111Principal Officer
Susanne Wilson
Main Address
600 CALIFORNIA STREET 900, SAN FRANCISCO, CA, 94108
NTEE Category
Code: L20Z - Housing
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