Community Bridge Housing Corp
- Assets
- $242.3k
- Revenue
- $875.2k
- Investments
- $0.0
- Employees
- 3
- Location
- Sylmar, CA
- Founding
- Data as of
- 12/2023
- EIN
- 35-2646928
Organization Overview
Community Bridge Housing Corp is located in Sylmar, CA. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, under the broad grouping of Housing & Shelter and related organizations. As of 12/2023, Community Bridge Housing Corp employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Bridge Housing Corp 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, Community Bridge Housing Corp generated $875.2k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 26.0% each year . All expenses for the organization totaled $819.1k during the year ending 12/2023. While expenses have increased by 26.8% per year over the past 5 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO PROVIDE QUALITY INTERIM HOUSING,RESOURCES AND DIRECT SOCIAL SERVICES WITH MEANINGFUL ACTIVITIES FOR PEOPLE MOVING FROM INSTITUTIONS, OR OTHERWISE UNSHELTERED, INTO HOUSING AND STABILITY, PARTICULARLY AS ALTERNATIVES TO INCARCERATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORTIVE LIVING (DEFINED AS PEOPLE STAYING OVER 6 MONTHS) PROVIDED MORE THAN 50,00 BED NIGHTS AND 150,000+MEALS.FOR 2023, WE CATEGORIZED OUR INTERIM HOUSING INTO THREE PROGRAM SERVICE AREAS: SUPPORTIVE LIVING FOR PEOPLE WHO STAY LONGER, RESTORATIVE SERVICES FOR PEOPLE EXITING INSTITUTIONS, AND RESOURCE ACCESS TO CONNECT PEOPLE TO NEEDED SERVICES. THE NEW PROGRAM SERVICE AREAS WERE INITIATED AT THE END OF 2023, AND THEREFORE REFLECT MINIMAL USAGE, BUT WILL EXPAND SIGNIFICANTLY IN COMING YEARS TO HELP MANY MORE PEOPLE.
RESOURCE ACCESS SERVICES INCLUDE INTERIM HOUSING AND MEALS BUT DELINEATE USAGE BY PEOPLE WHO BENEFIT FROM EXTRA SUPPORTIVE SERVICES, TYPICALLY THOSE EXITING HOSPITALS AND OTHER CLINICAL SETTINGS. CONTINUITY OF TREATMENT, COUNSELING AND MEDICATION MANAGEMENT RESOURCE ACCESS SERVICES IS EMPHASIZED. WALKING ACCESS CENTER EFFORTS INCLUDING GROCERY AND CLOTHING DISTRIBUTION, HOMELESS OUTREACH AND RELATED ACTIVITIES ARE ALSO INCLUDED IN RESOURCE ACCESS SERVICES. BETTER PROCESSES TO IDENTIFY RESOURCE USAGE BY THIS SUB-POPULATION HAVE BEEN IMPLEMENTED. FOR 2023, WE ESTIMATE 12,500 BED NIGHTS AND 37,500+ MEALS WERE DELIVERED.
RESTORATIVE SERVICES INCLUDE REENTRY HOUSING AND SERVICES FOR PEOPLE AS ALTERNATIVES TO, AND EXITING FROM, INCARCERATION. DURING THE LAST MONTH OF 2023 WE SECURED FUNDING FOR THIS PROGRAM AND RESOURCES WILL INCREASE SIGNIFICANTLY. IN THE FIRST MONTH WE PROVIDED OVER 500 BED NIGHTS AND 1500+ MEALS TO PEOPLE PARTICIPATING IN THE RESTORATIVE SERVICES PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jacqueline Chavez CFO | OfficerTrustee | 40 | $96,000 |
Mary Younge Director | Trustee | 1 | $0 |
Jennifer Castro Secretary | OfficerTrustee | 10 | $0 |
Denise Gonzales Director | Trustee | 2 | $0 |
Juan Greer Director | Trustee | 1 | $0 |
Mark Dyer Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $146,066 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $146,066 |
| Total Program Service Revenue | $729,129 |
| Investment income | $0 |
| 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 | $875,195 |
| 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. | $96,000 |
| Compensation of current officers, directors, key employees. | $14,400 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $40,333 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $21,718 |
| Payroll taxes | $12,084 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,964 |
| Fees for services: Accounting | $6,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,274 |
| Office expenses | $1,974 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $392,215 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $605 |
| Insurance | $42,655 |
| All other expenses | $39,230 |
| Total functional expenses | $819,051 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $55,914 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $101,980 |
| 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 | $64,508 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $19,900 |
| Total assets | $242,302 |
| Accounts payable and accrued expenses | $0 |
| 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 | $175,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $59,011 |
| Total liabilities | $234,011 |
| Net assets without donor restrictions | $8,291 |
| 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 | $242,302 |