Overview
What is Bridge Housing Ventures Inc?
Bridge Housing Ventures Inc is a nonprofit organization based in San Francisco, California, with a mission to support Bridge Housing Corporation (Bridge). Bridge is dedicated to strengthening communities by developing, owning, and managing high-quality, affordable homes for working families and seniors. The organization's vision goes beyond housing, aiming to create opportunities and improve lives in various aspects. Bridge is known as a leader and innovator in the affordable and mixed-income housing sector, delivering results for stakeholders, including residents, investors, taxpayers, and public- and private-sector partners. They earn top satisfaction from all parties and are the go-to developer and owner for housing solutions sought by public officials, investors, and communities.
What are the reviews and ratings of this charity?
Charity Navigator Rating 79% - Three-Star out of Four Star Rating
Bridge Housing Ventures Inc has earned a Three-Star rating from Charity Navigator, reflecting a solid performance in terms of accountability and finance. The overall score indicates a strong commitment to financial integrity, as evidenced by perfect scores in key areas such as audit oversight, asset management, and governance policies.
The organization demonstrates high accountability through its comprehensive policies, including conflict of interest and whistleblower protections. Its program expense ratio is notably high at 99.91%, meaning that almost all of its resources are directed towards its mission-related activities, which is a significant strength in the nonprofit sector.
However, while the financial metrics are strong, the rating is based solely on the accountability and finance score. This could suggest that there is limited information regarding other critical areas such as program impact or community feedback, which potential donors and supporters might consider when assessing the organization’s overall effectiveness and reach.
This AI summary has been generated from information found on Charity Navigator.
Is Bridge Housing Ventures Inc legitimate?
Bridge Housing Ventures Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bridge Housing Ventures Inc 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: $0
For more financial information, click here
What is the mission statement of Bridge Housing Ventures Inc?
Bridge Housing Ventures Inc supports Bridge Housing Corporation in its mission to strengthen communities by developing, owning, and managing high-quality, affordable homes for working families and seniors. Bridge is a pioneer in the affordable housing sector, demonstrating effective production, operation, and ownership of affordable and mixed-income housing. By prioritizing customer satisfaction for all stakeholders, including residents, neighbors, investors, taxpayers, and employees, Bridge has earned a reputation as the go-to developer and owner for a range of housing solutions. Public officials, investors, and communities seeking innovative housing solutions turn to Bridge, which delivers results. Bridge's vision extends beyond housing, striving to create opportunities and improve the lives of working families and seniors.
What is the revenue of Bridge Housing Ventures Inc?
Bridge Housing Ventures Inc's revenue in 2023 was -$2,173,663.
Who are the executives of Bridge Housing Ventures Inc and what are their salaries?
Here are 12 key members and their salaries:
- Compensation: $0
- Related: $417,504
- Other: $120,312
- Compensation: $0
- Related: $405,393
- Other: $108,335
- Compensation: $0
- Related: $1,007,909
- Other: $47,242
- Compensation: $0
- Related: $408,787
- Other: $100,838
- Compensation: $0
- Related: $366,441
- Other: $48,028
- Compensation: $0
- Related: $243,835
- Other: $30,071
- Compensation: $0
- Related: $474,486
- Other: $55,741
- Compensation: $0
- Related: $397,025
- Other: $97,083
- Compensation: $0
- Related: $156,829
- Other: $16,509
- Compensation: $0
- Related: $374,930
- Other: $87,011
- Compensation: $0
- Related: $229,451
- Other: $27,088
- Compensation: $0
- Related: $417,409
- Other: $90,294
Where can I find the form 990 for Bridge Housing Ventures Inc?
Bridge Housing Ventures Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Bridge Housing Ventures Inc
Bridge Housing Ventures Inc, a mission-driven organization, is dedicated to supporting Bridge Housing Corporation (Bridge). Bridge is known for its commitment to strengthening communities by developing, owning, and managing high-quality, affordable homes for working families and seniors. Bridge goes beyond housing, fostering opportunities for these groups to thrive and build strong communities.
Bridge is a leading innovator in the affordable and mixed-income housing sector. It effectively produces, operates, and owns properties that cater to the needs of various stakeholders, including residents, neighbors, investors, taxpayers, private- and public-sector partners, and employees. The organization's customer satisfaction is unparalleled, with all stakeholders expressing their satisfaction with Bridge's properties and services.
Bridge is the go-to developer and owner for public officials, investors, and communities seeking a range of housing solutions. It delivers results by consistently meeting the demands of different sectors while maintaining a high standard of living. Bridge's focus on affordable and mixed-income housing not only provides a roof over the heads of working families and seniors but also creates opportunities for them to build a better future. By fostering strong communities, Bridge Housing Ventures Inc plays a vital role in creating a sustainable living environment for its residents.
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Impact
October, 2024
Bridge Housing Ventures Inc. significantly impacts communities by developing, owning, and managing high-quality, affordable homes tailored for working families and seniors. Their commitment to strengthening communities extends beyond just housing, as they create opportunities that foster economic and social well-being.
As a leader and innovator in the affordable and mixed-income housing sector, Bridge Housing Ventures focuses on effective production, operation, and ownership, ensuring that their initiatives meet the diverse needs of the population they serve. They maintain a strong reputation for customer satisfaction among residents, investors, and partners, which reflects their dedication to quality and community engagement.
Their strategic role as a general or limited partner in various partnerships allows them to facilitate the provision of low-income housing while also acting as a landowner. This positions them as a crucial resource for public officials, investors, and communities seeking viable housing solutions. Ultimately, their ongoing efforts contribute to the creation of thriving neighborhoods, enhancing the quality of life for many individuals and families.
This information is meant to be a general summary of Bridge Housing Ventures 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: $377,505
- Program Service Revenue: $293,836
- Gross Receipts: $719,935
Assets and Liabilities:
- Total Assets: $46,467,167
- Total Liabilities: $2,133,109
- Net Assets: $44,334,058
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ASSET MANAGEMENT FEES
Revenue
$170,063
INVESTOR SERVICE FEES
Revenue
$123,773
Organization Details
Founding Year
1991
Principal Officer
Kenneth Lombard
NTEE Category
Code: L80 - Housing
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