Broad Community Connections Inc
- Assets
- $629.0k
- Revenue
- $550.7k
- Investments
- $120.5k
- Employees
- 2
- Location
- New Orleans, LA
- Founding
- 12/2008
- Data as of
- 12/2021
- 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 12/2021, 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 12/2021, Broad Community Connections Inc generated $550.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $137.7k during the year ending 12/2021. 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
2021
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 DEVELOPMENT AND PUBLIC HEALTH - REFRESH PROJECT BCC CONTINUES TO WORK TO MAKE BROAD STREET ONE OF THE MOST VIBRANT, EQUITABLE, AND DIVERSE COMMERCIAL CORRIDORS IN NEW ORLEANS. BCC CONTINUES TO LEAD THE REFRESH PROJECT, INCLUDING CONVENING THE REFRESH COALITION, GROWING IT TO OVER 60 ORGANIZATIONS, AND HIRING THE FIRST REFRESH DIRECTOR TO OVERSEE THE DEVELOPMENT OF COLLABORATIVE PROGRAMMING AT THE REFRESH PROJECT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kelsy Yeargain President | OfficerTrustee | 2 | $0 |
Deborah Chapman Vice Preside | OfficerTrustee | 2 | $0 |
Matthew Amoss Treasurer | OfficerTrustee | 2 | $0 |
Graham Bosworth Secretary | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $37,700 |
| All other contributions, gifts, grants, and similar amounts not included above | $207,095 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $244,795 |
| Total Program Service Revenue | $4,800 |
| Investment income | $6 |
| 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 | $550,734 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $7,500 |
| Grants and other assistance to domestic individuals. | $6,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $45,950 |
| Pension plan accruals and contributions | $1,608 |
| Other employee benefits | $0 |
| Payroll taxes | $3,515 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,853 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,425 |
| Office expenses | $6,171 |
| Information technology | $2,880 |
| Royalties | $0 |
| Occupancy | $27,524 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,940 |
| Interest | $4,064 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,657 |
| All other expenses | $571 |
| Total functional expenses | $137,716 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $447,206 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,400 |
| 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 | $120,459 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $629,035 |
| Accounts payable and accrued expenses | $9,426 |
| 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 | $9,426 |
| Net assets without donor restrictions | $619,609 |
| 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 | $629,035 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Broad Community Connections Inc has recieved totaling $95,005.
| Awarding Organization | Amount |
|---|---|
Enterprise Community Partners Inc Columbia, MD PURPOSE: EMERGENCY ACTION FOR RESIDENTS & PARTNERS STABILITY | $95,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Avance Inc San Antonio, TX | $11,319,048 | $60,395,226 |
Operation Homefront Inc San Antonio, TX | $30,804,944 | $40,861,039 |
Three Rivers Planning & Development District Pontotoc, MS | $48,398,868 | $43,682,575 |
Gulf Coast Community Services Assn Inc Houston, TX | $4,457,612 | $33,824,576 |
Hill Country Community Action Association Inc San Saba, TX | $4,864,839 | $26,700,596 |
Crawford Sebastian Community Development Council Inc Fort Smith, AR | $10,081,488 | $25,336,007 |
Hope Enterprise Corporation Jackson, MS | $150,349,143 | $24,959,106 |
St Martin Iberia Lafayette Parishes Community Action Agency Lafayette, LA | $1,628,921 | $19,226,376 |
El Paso Community Action Program Project Bravo Inc El Paso, TX | $2,433,349 | $16,653,742 |
Abilene Improvement Corporation Abilene, TX | $4,300,132 | $16,087,347 |
Waterloo Greenway Conservancy Austin, TX | $14,294,713 | $19,654,960 |
Avance Inc San Antonio, TX | $3,341,095 | $14,922,059 |