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Bridge Housing Corporation - Southern California

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 943233154 ✦ San francisco, CA ✦ Designated as a 501(c)(3)

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Overview

What is Bridge Housing Corporation - Southern California?

Bridge Housing Corporation - Southern California is a nonprofit organization situated in San Francisco, California. Its primary role is to support Bridge Housing Corporation, which strengthens communities by creating and managing high-quality, affordable homes for working families and seniors. Bridge aims to lead and innovate in the mission-driven business of producing, operating, and owning affordable and mixed-income housing. They strive to earn the highest degree of satisfaction from all stakeholders, including residents, neighbors, investors, taxpayers, and employees. As a general partner in several partnerships, Bridge Housing Corporation-Southern California contributes to the development and operation of affordable housing projects for low-income individuals.

Is Bridge Housing Corporation - Southern California legitimate?

Bridge Housing Corporation - Southern California is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bridge Housing Corporation - Southern California 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: $482,550

For more financial information, click here

What is the mission statement of Bridge Housing Corporation - Southern California?

Bridge Housing Corporation, aiming to strengthen communities, develops, owns, and manages high-quality, affordable homes for working families and seniors. Their mission is multifaceted, striving to not only provide housing but also create opportunities for these groups. As a leader and innovator in the mission-driven business of affordable and mixed-income housing, Bridge earns high satisfaction from all stakeholders, including residents, neighbors, investors, and employees. They are recognized as the go-to developer and owner for public officials, investors, and communities seeking a variety of housing solutions, consistently delivering results.

Who is the CEO of Bridge Housing Corporation - Southern California?

Delphine Sherman is the Evp Of Development (Outgoing) of Bridge Housing Corporation - Southern California. The CEO's salary of Bridge Housing Corporation - Southern California is $0 and their total compensation is $538,963.

What is the revenue of Bridge Housing Corporation - Southern California?

Bridge Housing Corporation - Southern California's revenue in 2022 was $4,933,639.

Who are the executives of Bridge Housing Corporation - Southern California and what are their salaries?


Here are 7 key members and their salaries (Bridge Housing Corporation - Southern California's CEO's salary is $0 and their total compensation is $538,963):


Kimberly Mckay (Evp Of Development (Outgoing))
  • Compensation: $0
  • Related: $486,042
  • Other: $98,469
Kenneth Lombard (President & Ceo)
  • Compensation: $0
  • Related: $503,363
  • Other: $35,600
Delphine Sherman (Evp & Cfo)
  • Compensation: $0
  • Related: $347,144
  • Other: $116,424
Rebecca Hlebasko (Svp General Counsel)
  • Compensation: $0
  • Related: $342,254
  • Other: $104,797
James Mather (Evp & Cio)
  • Compensation: $0
  • Related: $347,823
  • Other: $97,080
Susan Johnson (Evp (Outgoing))
  • Compensation: $0
  • Related: $245,086
  • Other: $21,219
Sierra Atilano (Evp Of Development)
  • Compensation: $0
  • Related: $76,056
  • Other: $3,970
Where can I find the form 990 for Bridge Housing Corporation - Southern California?

Bridge Housing Corporation - Southern California's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Bridge Housing Corporation - Southern California

Bridge Housing Corporation, an organization dedicated to strengthening communities, achieves this goal by developing, owning, and managing high-quality, affordable homes for working families and seniors. Their mission extends beyond housing, aiming to create opportunities for these groups and earning the highest degree of satisfaction from all stakeholders. As a leader and innovator in the mission-driven business of effective production, operation, and ownership of affordable and mixed-income housing, Bridge Housing Corporation serves as a 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 their mission and vision.

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Impact




October, 2024

Bridge Housing Corporation - Southern California makes a significant impact by developing, owning, and managing high-quality, affordable homes that empower working families and seniors. By focusing on community strength, they create housing solutions that go beyond mere shelter, fostering stability and opportunities for residents.

Their commitment to excellence positions them as a leader and innovator in affordable and mixed-income housing. They prioritize customer satisfaction, earning trust from a diverse array of stakeholders, including residents, neighbors, investors, and public officials. This broad support underscores their role as a go-to developer for innovative housing solutions.

By actively engaging in partnerships that operate affordable housing projects, they help to alleviate the housing crisis for low-income individuals, contributing to stronger and more resilient communities throughout Southern California. Their efforts not only provide essential housing but also promote social equity and economic mobility within the regions they serve.




This information is meant to be a general summary of Bridge Housing Corporation - Southern California. 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.

Revenue
$4,933,639 (2022)
Expenses
$8,145,296 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $10,061
  • Program Service Revenue: $4,854,959
  • Gross Receipts: $4,933,639

Assets and Liabilities:

  • Total Assets: $17,606,755
  • Total Liabilities: $35,699,093
  • Net Assets: -$18,092,338

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL INCOME

Revenue

$4,452,982

ASSET MANAGEMENT FEES

Revenue

$318,282

INCENTIVE MANAGEMENT FEES

Revenue

$83,695

Organization Details

Founding Year

1995

Principal Officer

Delphine Sherman

Main Address

600 CALIFORNIA STREET 900, SAN FRANCISCO, CA, 94108

NTEE Category

Code: L200 - Housing

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