Overview
What is Bridge Terraza Inc?
Bridge Terraza Inc, located in San Francisco, California, is a nonprofit organization dedicated to supporting Bridge Housing Corporation (Bridge). Their primary mission involves facilitating home improvement or support programs, with the goal of enhancing the overall functionality and living conditions of the homes managed by Bridge. Although the specific activities or programs offered by Bridge Terraza are not detailed in the information provided, it is clear that they play a crucial role in supporting the broader mission of Bridge Housing Corporation.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 34%
Bridge Terraza Inc has received a low rating of 34%, resulting in a Zero-Star out of Four Stars designation. This rating primarily reflects significant issues in accountability and financial practices, with a particularly concerning lack of independent board members—none out of ten. While the organization does have policies in place for conflict of interest, whistleblower protection, and document retention, the absence of a website listed on their tax form and missing important financial disclosures undermines transparency.
The financial metrics also raise red flags, notably with a program expense ratio of only 0.80%, suggesting that a minimal portion of their budget is being allocated to actual programs and services. Additionally, while the organization reports no material diversion of assets, the liabilities to assets ratio stands at 0.00%, indicating potential financial instability.
Compensation for key personnel is notably high, with the President/CEO earning $649,882 and other executives also receiving substantial salaries. This raises concerns about the allocation of funds and the overall prioritization of the organization's mission. Overall, while there are some structural policies in place, the financial practices and governance issues present significant challenges for Bridge Terraza Inc.
This AI summary has been generated from information found on Charity Navigator.
Is Bridge Terraza Inc legitimate?
Bridge Terraza Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bridge Terraza 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 Terraza Inc?
Bridge Terraza Inc serves as a supporting entity for Bridge Housing Corporation. Its mission is to aid in their operations, promoting the overall goal of the parent organization. While the provided information does not specify the exact nature of their support or activities, it is clear that Bridge Terraza Inc is committed to contributing to Bridge Housing Corporation's objectives.
Who is the CEO of Bridge Terraza Inc?
Unavailable The CEO's salary of Bridge Terraza Inc is $0 and their total compensation is $0.
What is the revenue of Bridge Terraza Inc?
Bridge Terraza Inc's revenue in 2022 was $1,800.
Who are the executives of Bridge Terraza Inc and what are their salaries?
Here are 7 key members and their salaries (Bridge Terraza Inc's CEO's salary is $0 and their total compensation is $0):
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Where can I find the form 990EZ for Bridge Terraza Inc?
Bridge Terraza Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Bridge Terraza Inc
Bridge Terraza Inc, as a home improvement or support program, is dedicated to assisting Bridge Housing Corporation. Its mission is to contribute to the organization's goals, improving the living conditions and overall well-being of individuals in need. By supporting Bridge, Bridge Terraza Inc plays a significant role in enhancing the quality of life for its beneficiaries.
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Impact
October, 2024
Bridge Terraza Inc plays a crucial role in enhancing living conditions in San Francisco by focusing on home improvement and support initiatives. Its mission is closely aligned with that of the Bridge Housing Corporation, driving efforts that improve the quality of life for residents. By addressing housing needs, Bridge Terraza Inc contributes to creating safer and more stable living environments, ultimately fostering community development and providing essential support for those in need. This impact not only helps individuals and families secure better housing but also strengthens the overall community fabric by promoting safer neighborhoods and supporting access to vital resources.
This information is meant to be a general summary of Bridge Terraza 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) 989-1111Main Address
600 CALIFORNIA STREET 900, SAN FRANCISCO, CA, 94108
NTEE Category
Code: L20Z - Housing
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