Bridges Inc
- Assets
- $6.3m
- Revenue
- $7.5m
- Investments
- $0.0
- Employees
- 218
- Location
- Jamestown, RI
- Founding
- Data as of
- 06/2016
- EIN
- 22-2776414
Organization Overview
Bridges Inc is located in Jamestown, RI. As of 06/2016, Bridges Inc employed 218 individuals. Bridges Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2016
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE NON-INSTITUTIONALIZED LIVING TO INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES AND TO WORK IN COLLABORATION WITH THESE INDIVIDUALS TO ALLOW FOR THEM TO HAVE A LIFE OF OPPORTUNITY, ENRICHMENT, CONTRIBUTION AND PURPOSE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF TWELVE GROUP HOMES FOR THE DEVELOPMENTALLY DISABLED. DURING THE PERIOD ENDING 6/30/2016, THERE WERE 52 INDIVIDUALS RESIDING IN THE HOMES. ALSO, APPROXIMATELY 75 INDIVIDUALS RECEIVED DAY PROGRAM SERVICES, WHICH INCLUDES SUPPORT TO ASSIST INDIVIDUALS IN OBTAINING AND/OR MAINTAINING EMPLOYMENT AND APPROXIMATELY 8 INDIVIDUALS RECEIVED 24-HOUR NON-RESIDENTIAL SUPPORT THAT WAS PROVIDED IN A GROUP SETTING OR IN THE PERSON'S OWN HOME.
OPERATION OF SECTION 8 HOUSING FOR THE DEVELOPMENTALLY DISABLED.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisa Rafferty President And Treasurer | OfficerTrustee | 40 | $94,606 |
James Rafferty Vice President And Secretary | OfficerTrustee | 40 | $51,947 |
Norm Marsh Board Member (as Of 11/15) | Trustee | 1 | $0 |
Mary Berthelot Board Member (as Of 11/15) | Trustee | 1 | $0 |
John Murphy Board Member | Trustee | 1 | $0 |
Mary Lou Sanborn Board Member (as Of 11/15) | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $16,676 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,368 |
| Noncash contributions included in lines 1a–1f | $1,120 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $21,044 |
| Total Program Service Revenue | $7,397,772 |
| Investment income | $10,390 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$70,060 |
| Net Gain/Loss on Asset Sales | $103,422 |
| Net Income from Fundraising Events | $8,655 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,472,146 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $164,574 |
| Compensation of current officers, directors, key employees. | $164,574 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,276,927 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $884,791 |
| Payroll taxes | $322,281 |
| Fees for services: Management | $366,960 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $5,029 |
| Fees for services: Other | $284,450 |
| Advertising and promotion | $3,801 |
| Office expenses | $105,978 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $246,714 |
| Travel | $130,080 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $28,633 |
| Interest | $16,238 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $158,456 |
| Insurance | $56,821 |
| All other expenses | $41,753 |
| Total functional expenses | $7,425,541 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $19,790 |
| Savings and temporary cash investments | $1,505,135 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $904,687 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $98,036 |
| Net Land, buildings, and equipment | $2,907,789 |
| Investments—publicly traded securities | $859,711 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $35,040 |
| Total assets | $6,330,188 |
| Accounts payable and accrued expenses | $657,923 |
| Grants payable | $0 |
| Deferred revenue | $519,614 |
| 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 | $302,844 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $54,354 |
| Total liabilities | $1,534,735 |
| Unrestricted restricted net Assets | $3,859,010 |
| Temporarily restricted net Assets | $836,443 |
| Permanently restricted net Assets or current funds | $100,000 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $4,795,453 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Bridges Inc has recieved totaling $25.
| Awarding Organization | Amount |
|---|---|
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: PROGRAM/OPERATING SUPPORT | $25 |
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