The Bridge Inc
- Assets
- $44.4m
- Revenue
- $67.4m
- Investments
- $0.0
- Employees
- 667
- Location
- New York, NY
- Founding
- 10/1955
- Data as of
- 06/2022
- EIN
- 13-1919799
Organization Overview
The Bridge Inc is located in New York, NY. The organization was established in 1955. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. As of 06/2022, Bridge Inc employed 667 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bridge Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Bridge Inc generated $67.4m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.1% each year . All expenses for the organization totaled $65.3m during the year ending 06/2022. While expenses have increased by 10.4% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE BRIDGE'S MISSION IS TO CHANGE LIVES, BY OFFERING HELP, HOPE AND (SEE SCHEDULE O) OPPORTUNITY TO THE MOST VULNERABLE IN OUR COMMUNITY. THE BRIDGE OFFERS A COMPREHENSIVE RANGE OF EVIDENCE-BASED REHABILITATIVE SERVICES, INCLUDING MENTAL HEALTH AND SUBSTANCE ABUSE TREATMENT, SUPPORTED HOUSING,VOCATIONAL TRAINING AND JOB PLACEMENT, HEALTHCARE, EDUCATION AND CREATIVE ARTS THERAPIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESIDENTIAL SERVICES - THE BRIDGE PROVIDES TRANSITIONAL AND PERMANENT RESIDENTIAL SERVICES - THE BRIDGE PROVIDES TRANSITIONAL AND PERMANENT SUPPORTIVE BEHAVIORAL HEALTH HOUSING TO 1,141 SINGLE ADULTS IN THREE BOROUGHS (MANHATTAN, THE BRONX, AND BROOKLYN). INDIVIDUALS ARE HOUSED IN A COMBINATION OF SINGLE SITE BRIDGE OWNED BUILDINGS AND SCATTER-SITE APARTMENTS RENTED FROM PRIVATE LANDLORDS IN THE COMMUNITY. THE MAJORITY OF THESE RESIDENTS ARE FORMERLY HOMELESS OR ARE COMING FROM ACUTE AND LONG-TERM HOSPITALIZATION. ALL BRIDGE HOUSING PROGRAMS ALSO PROVIDE SUPPORTIVE SERVICES TO THE RESIDENTS.
OTHER PROGRAM SERVICES.
COMMUNITY-BASED SERVICES - (1) CARE COORDINATION: THE BRIDGE IS UNDER CONTRACT WITH TWO HEALTH HOMES AND WORKS WITH OVER 1000 HEALTH HOME ENROLLED MEMBERS IN THE BRONX, BROOKLYN, QUEENS, AND MANHATTAN PROVIDING OUTREACH, ENGAGEMENT, AND ONGOING CARE COORDINATION. (2) ASSERTIVE COMMUNITY TREATMENT (ACT): THE BRIDGE OPERATES SEVEN ACT TEAMS - 3 IN MANHATTAN AND 4 IN THE BRONX - WHICH PROVIDE INTENSIVE CLINICAL SERVICES TO ADULTS DIAGNOSED WITH SERIOUS MENTAL ILLNESS WHO HAVE STRUGGLED TO ENGAGE WITH TRADITIONAL OFFICE-BASED SERVICES. THREE OF THESE TEAMS WORK WITH SHELTER RESIDENTS AND ONE WITH JUSTICE INVOLVED INDIVIDUALS. (3) THE BRIDGE OPERATES ONE PATHWAY HOME TEAM. PATHWAY HOME PROVIDES INTENSIVE TRANSITIONAL SUPPORT TO INDIVIDUALS AS THEY TRANSITION FROM ONE SETTING TO ANOTHER. PATHWAY HOME ADDRESSES GAPS IN CARE AND HELPS MEMBERS DEVELOP MEANINGFUL RELATIONSHIPS WITH TREATMENT PROVIDERS IN THE COMMUNITY. 4) THE BRIDGE OPERATES FOUR SAFE OPTIONS SUPPORT (SOS) TEAMS. THE SOS TEAMS WORK WITH PEOPLE EXPERIENCING HOMELESSNESS (PEH) LIVING EITHER ON THE STREET OR IN THE NYC TRANSIT SYSTEM. THE SOS TEAMS MAKE CONNECTIONS WITH THESE INDIVIDUALS WITH THE GOAL OF HELPING THEM TRANSITION EITHER TO TEMPORARY OR PERMANENT HOUSING AND TO ACCESS CARE AND TREATMENT.
CLINICAL SERVICES - THE BRIDGE OPERATES AN OFFICE OF MENTAL HEALTH (OMH) LICENSED PERSONALIZED RECOVERY ORIENTED SERVICES (PROS) PROGRAM, WHICH IS A PSYCHIATRIC REHABILITATION PROGRAM. PROS SUPPORTS CLIENTS THROUGH GROUP BASED PSYCHIATRIC REHABILITATION SERVICES IN A PERSON-CENTERED, RECOVERY FOCUSED MODALITY. PROS OFFERS A FULL RANGE OF EMPLOYMENT SUPPORT SERVICES, EDUCATION SUPPORT SERVICES, AND ASSISTANCE WITH OBTAINING OTHER LIFE ROLE GOALS. THE OUTPATIENT ARTICLE 31MENTAL HEALTH CLINIC PROVIDES PSYCHOPHARMACOLOGY AND MEDICATION MONITORING, INDIVIDUAL, GROUP, AND FAMILY THERAPY, AND HEALTH MONITORING FOR CHRONIC DISEASES SUCH AS DIABETES AND ASTHMA. ALL SERVICES ARE BASED ON PERSON-CENTERED PLANNING AND BEST PRACTICES. THE BRIDGE ALSO PROVIDES PSYCHIATRIC REHABILITATION SERVICES THROUGH HOME AND COMMUNITY BASED SERVICES IN THE COMMUNITY SETTING OF THE INDIVIDUAL'S CHOICE AND FOCUSES ON EDUCATION, EMPLOYMENT, AND COMMUNITY INCLUSION. THE BRIDGE OPERATES AN OASAS-LICENSED (NYS OFFICE OF ADDICTION SUPPORTS AND SERVICES) MEDICALLY SUPERVISED CLINIC AND OFFERS PART 822 CHEMICAL DEPENDENCE OUTPATIENT TREATMENT SERVICES FOR PERSONS WITH CO-OCCURRING MENTAL HEALTH AND SUBSTANCE USE DISORDERS. THE OASAS CLINIC ALSO OPERATES A NYC DEPARTMENT OF HEALTH AND MENTAL HYGIENE (DOHMH) OPIOID OVERDOES PREVENTION PROGRAM (OOPP) WITH THE GOAL OF CONNECTING WITH INDIVIDUALS WHO USE OPIOIDS AS WELL AS THEIR FAMILY MEMBERS AND FRIENDS TO PROVIDE TRAINING AND SUPPORT IN THE USE OF NARCAN (USED TO REVERSE AN OVERDOSE).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alan J Kersner Director | Trustee | 1 | $0 |
Albert E Mayas Vice President | OfficerTrustee | 1 | $0 |
Alice Zoloto-Kosmin Director | Trustee | 1 | $0 |
Bess Freedman Director | Trustee | 1 | $0 |
Carol Buckler Director | Trustee | 1 | $0 |
Cynthia C Wainwright President | OfficerTrustee | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Edelman Sultan Knox Wood Architects Llp Architects | 6/29/22 | $309,804 |
Steve Jorgensen Consulting Services Outsourced Cfo Services | 6/29/22 | $146,000 |
Medicus Psychiatry Services Llc Contracted Psychiatry | 6/29/22 | $156,935 |
Marks Paneth Llc Audit Services | 6/29/22 | $134,391 |
Littler Mendelson Pc Legal Services | 6/29/22 | $118,520 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $796,366 |
| Related organizations | $0 |
| Government grants | $29,414,545 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,799,935 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $33,010,846 |
| Total Program Service Revenue | $29,186,226 |
| Investment income | $1,888 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $217,039 |
| Net Gain/Loss on Asset Sales | $4,743,349 |
| Net Income from Fundraising Events | -$50,714 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $67,431,099 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $6,093,353 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $614,456 |
| Compensation of current officers, directors, key employees. | $422,784 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $24,298,456 |
| Pension plan accruals and contributions | $457,198 |
| Other employee benefits | $4,946,127 |
| Payroll taxes | $3,247,854 |
| Fees for services: Management | $70,800 |
| Fees for services: Legal | $153,278 |
| Fees for services: Accounting | $129,887 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $351,705 |
| Advertising and promotion | $0 |
| Office expenses | $2,518,866 |
| Information technology | $1,161,900 |
| Royalties | $0 |
| Occupancy | $2,548,207 |
| Travel | $586,445 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $554,314 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $374,182 |
| Insurance | $404,811 |
| All other expenses | $1,360,396 |
| Total functional expenses | $65,303,103 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,659,600 |
| Savings and temporary cash investments | $1,221,626 |
| Pledges and grants receivable | $7,787,235 |
| Accounts receivable, net | $4,814,493 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,600,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,236,166 |
| Net Land, buildings, and equipment | $2,036,663 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $12,038,227 |
| Total assets | $44,394,010 |
| Accounts payable and accrued expenses | $5,322,867 |
| Grants payable | $0 |
| Deferred revenue | $17,280,488 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $891,250 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,459,640 |
| Total liabilities | $24,954,245 |
| Net assets without donor restrictions | $19,105,549 |
| Net assets with donor restrictions | $334,216 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $44,394,010 |
Grants Awarded
Over the last fiscal year, The Bridge Inc has awarded $6,093,353 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
323 HOUSTON STREET CORP PURPOSE: RENOVATING PROPERTY. | $2,754,396 |
SHERIDAN HILL HOUSE CORPORATION PURPOSE: RENOVATING PROPERTY. | $3,338,957 |