Broad Community Connections Inc
- Assets
- $850.8k
- Revenue
- $585.1k
- Investments
- $198.4k
- Employees
- 2
- Location
- New Orleans, LA
- Founding
- 12/2008
- Data as of
- 12/2023
- EIN
- 26-3184397
Organization Overview
Broad Community Connections Inc is located in New Orleans, LA. The organization was established in 2008. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2023, Broad Community Connections Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Broad Community Connections 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 12/2023, Broad Community Connections Inc generated $585.1k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 16.4% each year . All expenses for the organization totaled $280.6k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
BROAD COMMUNITY CONNECTIONS, INC. (BCC) MISSION IS TO REVITALIZE BROAD STREET FROM TULANE AVE. TO BAYOU RD. AS A VIBRANT, DIVERSE AND EQUITABLE COMMERCIAL DISTRICT, BRING TOGETHER THE SURROUNDING NEIGHBORHOODS AND PROMOTING THEIR HEALTH AND ECONOMIC, RESIDENTIAL AND CULTURAL DEVELOPMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY ECONOMIC DEVELOPMENT BROAD COMMUNITY CONNECTION (BCC)CONTINUES TO CATALYZE REVITALIZATION ALONG NEW ORLEANS' BROAD STREET, TO CENTER THE VALUES OF RESIDENTS IN DECISION- MAKING AND TO BUILD COMMUNITY POWER AND WEALTH. ITS WORK INCLUDES STEWARDING THE REFRESH PROJECT - A COMMUNITY HEALTH HUB-, SMALL BUSINESS ORGANIZING, AND TRANSFORMATIVE PLACEKEEPING PROJECTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dasjon Jordan Executive Di | Officer | 40 | $79,132 |
Graham Bosworth Board Member | Trustee | 2 | $0 |
Deborah Chapman Chair | OfficerTrustee | 2 | $0 |
Royliene Johnson Board Member | Trustee | 2 | $0 |
Jamal Mccoy Board Member | Trustee | 2 | $0 |
Whitney Mitchell Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $394,082 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $394,082 |
| Total Program Service Revenue | $113,023 |
| Investment income | $39 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $585,052 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,175 |
| 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. | $80,000 |
| Compensation of current officers, directors, key employees. | $80,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $41,074 |
| Pension plan accruals and contributions | $3,808 |
| Other employee benefits | $7,251 |
| Payroll taxes | $9,118 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $750 |
| Fees for services: Accounting | $5,999 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $192 |
| Office expenses | $11,025 |
| Information technology | $2,018 |
| Royalties | $0 |
| Occupancy | $25,096 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,727 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,933 |
| All other expenses | $0 |
| Total functional expenses | $280,623 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $595,259 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $56,970 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $198,367 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $200 |
| Total assets | $850,796 |
| Accounts payable and accrued expenses | $10,149 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $10,149 |
| Net assets without donor restrictions | $840,647 |
| Net assets with donor restrictions | $0 |
| 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 | $850,796 |