Overview
What is Bridge Economic Development Corporation?
Bridge Economic Development Corporation is a nonprofit organization situated in San Francisco, California. Their primary focus is on revitalizing depressed neighborhoods by developing commercial properties. Aligned with Bridge Housing Corporation's (Bridge) exempt purposes, the organization strengthens communities by constructing, managing, and maintaining high-quality, affordable homes for working families and seniors. Their vision encompasses enhancing opportunities for these groups, leading in mission-driven housing solutions, gaining customer satisfaction from all stakeholders, and being recognized as a reliable developer and property owner by public officials, investors, and communities.
Is Bridge Economic Development Corporation legitimate?
Bridge Economic Development Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Bridge Economic Development 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,254
For more financial information, click here
What is the mission statement of Bridge Economic Development Corporation?
Bridge Economic Development Corporation works towards furthering the exempt purposes of Bridge Housing Corporation. Their primary goal is to strengthen communities by developing, owning, and managing high-quality, affordable homes for working families and seniors. The organization aspires to go beyond just housing, aiming to create opportunities for these groups within the communities.
Bridge is recognized as a leader and innovator in the mission-driven business of effective production, operation, and ownership of affordable and mixed-income housing. They strive to earn the highest degree of satisfaction from all stakeholders, including residents, neighbors, investors, taxpayers, private- and public-sector partners, and employees.
The corporation serves as the go-to developer and owner for public officials, investors, and communities seeking a variety of housing solutions. They consistently deliver results, demonstrating their commitment to providing effective and satisfactory housing solutions.
Who is the CEO of Bridge Economic Development Corporation?
Delphine Sherman is the Evp Of Development (Outgoing) of Bridge Economic Development Corporation. The CEO's salary of Bridge Economic Development Corporation is $0 and their total compensation is $538,963.
What is the revenue of Bridge Economic Development Corporation?
Bridge Economic Development Corporation's revenue in 2022 was $905,550.
Who are the executives of Bridge Economic Development Corporation and what are their salaries?
Here are 7 key members and their salaries (Bridge Economic Development Corporation's CEO's salary is $0 and their total compensation is $538,963):
- Compensation: $0
- Related: $486,042
- Other: $98,469
- Compensation: $0
- Related: $503,363
- Other: $35,600
- Compensation: $0
- Related: $347,144
- Other: $116,424
- Compensation: $0
- Related: $342,254
- Other: $104,797
- Compensation: $0
- Related: $347,823
- Other: $97,080
- Compensation: $0
- Related: $245,086
- Other: $21,219
- Compensation: $0
- Related: $76,056
- Other: $3,970
Where can I find the form 990 for Bridge Economic Development Corporation?
Bridge Economic Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Bridge Economic Development Corporation
Bridge Economic Development Corporation, a mission-driven organization, strives to extend the objectives of Bridge Housing Corporation. Its primary goal is to strengthen communities by constructing, managing, and owning high-quality, affordable homes for working families and seniors. Bridge aspires to not only provide housing but also create opportunities for these groups, with its vision extending beyond shelter.
The corporation is recognized as a leader and innovator in the field of affordable and mixed-income housing production, operation, and ownership. Bridge earns high satisfaction from all stakeholders, including residents, neighbors, investors, taxpayers, private- and public-sector partners, and employees. By consistently delivering results, Bridge has established itself as the go-to developer and owner for communities, public officials, and investors seeking a variety of housing solutions.
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Impact
October, 2024
Bridge Economic Development Corporation significantly impacts communities by focusing on the development, ownership, and management of high-quality, affordable housing for working families and seniors. By creating safe and affordable living spaces, the organization plays a vital role in strengthening communities and improving the quality of life for residents.
Through innovative housing solutions, Bridge addresses the needs of diverse communities, particularly in areas facing economic challenges. Their projects not only provide homes but also contribute to the revitalization of neighborhoods, promoting economic growth and stability. This approach helps mitigate issues related to housing insecurity, ensuring that families have a stable foundation upon which they can build their lives.
Bridge's commitment to excellence is evident through its high customer satisfaction rates among all stakeholders—including residents, investors, and community partners. This reputation as a trusted developer positions Bridge as a leading resource for public officials and communities seeking effective and sustainable housing solutions. The organization's efforts create opportunities that extend beyond housing, fostering a sense of community and collaboration that benefits everyone involved. Overall, Bridge Economic Development Corporation is an essential player in enhancing community resilience and promoting social equity.
This information is meant to be a general summary of Bridge Economic Development 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: -$2,294,278
- Program Service Revenue: $860,210
- Gross Receipts: $3,201,602
Assets and Liabilities:
- Total Assets: $17,379,404
- Total Liabilities: $7,922,393
- Net Assets: $9,457,011
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NET RENTAL REVENUE
Revenue
$479,203
OTHER REVENUE
Revenue
$315,010
CAM REVENUE
Revenue
$57,397
MANAGEMENT REVENUE
Revenue
$8,600
Organization Details
Founding Year
1991
Phone
(415) 989-1111Principal Officer
Delphine Sherman
Main Address
600 CALIFORNIA ST 900, SAN FRANCISCO, CA, 94108
NTEE Category
Code: L80 - Housing
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