Broward County Community Development Corporation Inc

Organization Overview

Broward County Community Development Corporation Inc, operating under the name Broward Housing Solutions Inc, is located in Fort Lauderdale, FL. The organization was established in 1993. According to its NTEE Classification (S31) the organization is classified as: Urban & Community Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Broward Housing Solutions 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, Broward Housing Solutions Inc generated $4.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $3.7m during the year ending 06/2022. While expenses have increased by 1.5% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE QUALITY, PERMANENT AND AFFORDABLE HOUSING OPPORTUNITIES TO MEET THE NEEDS OF LOWER INCOME OR HOMELESS PEOPLE WITH DISABILITIES, WHO ALSO HAVE A MENTAL ILLNESS. CORE VALUES ARE: STABILITY, DIGNITY AND HOPE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

AFFORDABLE HOUSING PROGRAM: 1. PREVENTS HOMELESSNESS: BHS AFFORDABLE AND SUPPORTIVE HOUSING PREVENTS LOW-INCOME PEOPLE FROM BECOMING HOMELESS. COUPLED WITH COLLABORATION FROM COMMUNITY BEHAVIORAL HEALTH PARTNERS OFFERING AN ARRAY OF SUPPORT SERVICES ENCOURAGES A PERMANENT EXODUS FROM THE STREETS. 2. PROVIDES OPPORTUNITY: BHS AFFORDABLE AND SUPPORTIVE HOUSING PROVIDES LOW-INCOME PEOPLE A SAFE HOME WHERE THEY ARE PROVIDED THE TOOLS FOR SUCCESSFUL, LONG-TERM, INDEPENDENT LIVING, ACHIEVING LONG-TERM SELF SUFFICIENCY. 3. SOCIAL BENEFIT: BHS AFFORDABLE HOUSING FOR YOUNG ADULTS ADDRESSES THE IMMEDIATE NEEDS FOR LONG-TERM STABILITY AND PRODUCTIVE CITIZENS WHICH PRODUCES SIGNIFICANT SOCIAL BENEFITS AND REDUCES SUBSTANTIAL FINANCIAL STRAINS ON OUR COMMUNITIES (TAXPAYERS), SUCH AS INCARCERATION, OVER- UTILIZATION OF EMERGENCY ROOMS AND SUBSTANCE ABUSE.


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Board, Officers & Key Employees

Name (title)Compensation
Lisa Vecchi
Executive Di
$151,658
Thomas Bluth
Treasurer
$0
Mark Berkowitz
Board Member
$0
Tara D
Board Member
$0
Marc Esko
Board Member
$0
Steven Holtz
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $1,239,358
All other contributions, gifts, grants, and similar amounts not included above$2,567,055
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$3,806,413
Total Program Service Revenue$670,335
Investment income $1,747
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 $4,659,433

Grants Recieved

Over the last fiscal year, we have identified 5 grants that Broward County Community Development Corporation Inc has recieved totaling $801,551.

Awarding OrganizationAmount
$655,357
United Way Of Broward County

Fort Lauderdale, FL

PURPOSE: General Support

$76,517
Community Foundation Of Broward Inc

Fort Lauderdale, FL

PURPOSE: HUMAN SERVICE

$44,654
Central Indiana Community Foundation Inc

Indianapolis, IN

PURPOSE: Affordable Housing for Homeless and Disabled Resid

$25,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$23
View Grant Recipient Profile

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