Overview
What is Bay Bridge Corporation?
Bay Bridge Corporation is a nonprofit organization situated in Berkeley, California, with a specific focus on developing and managing affordable housing units. Their mission extends to catering to individuals with disabilities, particularly those living with AIDS, as they strive to provide six units of such housing. The organization operates within the confines of its given location, contributing to the community by addressing the housing needs of a vulnerable population.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement, 72%, Two-Star out of Four Star rating
Bay Bridge Corporation has received a "Needs Improvement" rating from Charity Navigator, indicating some areas of concern despite strong performance in accountability and finance metrics. The organization boasts a perfect score in aspects such as an independent board and conflict of interest policies, demonstrating a commitment to transparency and good governance. Their program expense ratio is also robust at 90.61%, suggesting that a significant portion of their funds is directed toward their mission.
However, the organization faces notable challenges, particularly highlighted by its liabilities to assets ratio of 193.69%, which raises questions about financial stability and sustainability. This high ratio indicates that Bay Bridge Corporation may have more debt than assets, potentially impacting its operational effectiveness. Additionally, while some key personnel receive salaries, others on the leadership team do not, which could imply varying levels of financial compensation and may affect staff morale.
Overall, while Bay Bridge Corporation shows strengths in governance and program funding, potential donors and stakeholders should consider the financial risks indicated by their liabilities and assess whether the organization can maintain its mission amid these challenges.
This AI summary has been generated from information found on Charity Navigator.
Is Bay Bridge Corporation legitimate?
Bay Bridge Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bay Bridge 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: $8,694
For more financial information, click here
What is the mission statement of Bay Bridge Corporation?
Bay Bridge Corporation's mission is centered around developing and managing affordable housing. In particular, the organization has a specific focus on providing six units of affordable housing for individuals living with Disabilities due to HIV/AIDS. This mission aligns with a broader tax-exempt purpose, which involves developing and operating units of affordable housing for disabled individuals. The organization's efforts aim to provide a housing solution for this vulnerable group, contributing to their overall well-being and quality of life.
Who is the CEO of Bay Bridge Corporation?
Dan Sawislak is the Ceo of Bay Bridge Corporation. The CEO's salary of Bay Bridge Corporation is $0 and their total compensation is $250,048.
What is the revenue of Bay Bridge Corporation?
Bay Bridge Corporation's revenue in 2022 was $55,943.
Who are the executives of Bay Bridge Corporation and what are their salaries?
There 10 volunteers at Bay Bridge Corporation.
Here are 13 key members and their salaries (Bay Bridge Corporation's CEO's salary is $0 and their total compensation is $250,048):
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $201,369
- Other: $48,679
- Compensation: $0
- Related: $148,535
- Other: $40,167
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Bay Bridge Corporation?
Bay Bridge Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Bay Bridge Corporation
Bay Bridge Corporation, a nonprofit organization, is dedicated to a noble mission. Its primary objective is to develop and manage affordable housing units. However, the organization has a specific focus on serving a particular group of individuals. Bay Bridge Corporation aims to develop and operate six units of affordable housing specifically for persons living with Disabilities and HIV/AIDS. This tax-exempt purpose underscores the organization's commitment to addressing the housing needs of a vulnerable population, ensuring they have access to safe and affordable living spaces.
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Impact
August, 2024
Bay Bridge Corporation has a significant impact on the community by developing and managing affordable housing for disabled individuals. Their mission is to provide a stable and supportive living environment for those in need, particularly persons disabled with AIDS. Through their work in Berkeley, California, Bay Bridge Corporation is dedicated to ensuring that individuals facing health challenges have access to safe and affordable housing options.
This information is meant to be a general summary of Bay Bridge 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: $17
- Program Service Revenue: $21,220
- Gross Receipts: $55,943
Assets and Liabilities:
- Total Assets: $508,667
- Total Liabilities: $932,688
- Net Assets: -$424,021
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$21,119
OTHER INCOME
Revenue
$101
Organization Details
Founding Year
1995
Phone
(510) 841-4410Principal Officer
Dan Sawislak
Main Address
2220 OXFORD STREET, BERKELEY, CA, 94704
NTEE Category
Code: L40 - Housing
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