Bridge Community Impact
- Assets
- $8.3m
- Revenue
- $4.6m
- Investments
- $2.4m
- Employees
- 0
- Location
- San Francisco, CA
- Founding
- 07/2017
- Data as of
- 12/2021
- EIN
- 81-4175818
Organization Overview
Bridge Community Impact is located in San Francisco, CA. The organization was established in 2017. According to its NTEE Classification (L11) the organization is classified as: Single Organization Support, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bridge Community Impact 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, Bridge Community Impact generated $4.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $3.5m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Bridge Community Impact has awarded 13 individual grants totaling $968,369. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
MISSION: THIS ORGANIZATION SUPPORTS BRIDGE HOUSING CORPORATION (BRIDGE). BRIDGE STRENGTHENS COMMUNITIES BY DEVELOPING, OWNING AND MANAGING HIGH-QUALITY, AFFORDABLE HOMES FOR WORKING FAMILIES AND SENIORS.VISION:* BRIDGE STRENGTHENS COMMUNITIES AND CREATES OPPORTUNITIES FOR WORKING FAMILIES AND SENIORS, BEGINNING BUT NOT ENDING WITH HOUSING.* BRIDGE IS A LEADER AND INNOVATOR IN THE MISSION-DRIVEN BUSINESS OF EFFECTIVE PRODUCTION, OPERATION AND OWNERSHIP OF AFFORDABLE AND MIXED-INCOME HOUSING.* BRIDGE EARNS THE HIGHEST DEGREE OF CUSTOMER SATISFACTION FROM ALL STAKEHOLDERS, INCLUDING RESIDENTS, NEIGHBORS, INVESTORS, TAXPAYERS, PRIVATE- AND PUBLIC-SECTOR PARTNERS, AND EMPLOYEES.* BRIDGE IS THE GO-TO DEVELOPER AND OWNER FOR PUBLIC OFFICIALS, INVESTORS AND COMMUNITIES SEEKING AN ARRAY OF HOUSING SOLUTIONS, AND IT DELIVERS RESULTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION WAS FORMED TO FUND AND PROVIDE SERVICES TO SUPPORT PROGRAMS THAT ASSIST THE LOW- AND MODERATE-INCOME, ELDERLY, AND DISABLED HOUSEHOLDS WHO RESIDE IN BRIDGE-RELATED HOUSING DEVELOPMENTS, AND TO LESSEN THE BURDEN OF LOCAL GOVERNMENT, COMBAT COMMUNITY DETERIORATION AND LESSEN NEIGHBORHOOD TENSIONS IN COMMUNITIES ASSOCIATED WITH BRIDGE-RELATED HOUSING DEVELOPMENTS THROUGH PROGRAMS THAT PROVIDE SERVICES TO THE COMMUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cynthia Parker President/ceo (outgoing) | OfficerTrustee | 1 | $0 |
Jim Mather Cio & VP | OfficerTrustee | 1 | $0 |
Delphine Sherman CFO & Evp | OfficerTrustee | 1 | $0 |
Rebecca Hlebasko Asst Secty & VP | OfficerTrustee | 1 | $0 |
Susan Johnson Secty, VP & CEO | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Community Initiatives Administrative Services | 12/30/19 | $150,000 |
Harder Company Community Research Research Services | 12/30/19 | $326,450 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $4,162,730 |
| Government grants | $0 |
| 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 | $4,162,730 |
| Total Program Service Revenue | $0 |
| Investment income | $192,175 |
| 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 | $4,579,229 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $49,682 |
| Grants and other assistance to domestic individuals. | $274,378 |
| 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 | $1,053,510 |
| Pension plan accruals and contributions | $61,785 |
| Other employee benefits | $147,842 |
| Payroll taxes | $75,179 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $64 |
| Fees for services: Accounting | $9,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $420,327 |
| Advertising and promotion | $0 |
| Office expenses | $38,381 |
| Information technology | $1,095 |
| Royalties | $0 |
| Occupancy | $106,999 |
| Travel | $3,663 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,059 |
| Interest | $40,556 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $82,549 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $3,513,012 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $333,555 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,393,629 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,292,840 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $2,381,617 |
| Investments—program-related | $0 |
| Intangible assets | $121,738 |
| Other assets | $2,792,905 |
| Total assets | $8,316,284 |
| Accounts payable and accrued expenses | $272,427 |
| 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 | $2,557,746 |
| Total liabilities | $2,830,173 |
| Net assets without donor restrictions | -$625,599 |
| Net assets with donor restrictions | $6,111,710 |
| 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 | $8,316,284 |
Grants Awarded
Over the last fiscal year, Bridge Community Impact has awarded $786,401 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
RIVERPLACE PARCEL 3 LLC PURPOSE: TO SUPPORT THE ORGANIZATION IN PROVIDING AFFORDABLE HOUSING | $309,999 |
San Francisco, CA PURPOSE: TO SUPPORT THE ORGANIZATION IN PROVIDING AFFORDABLE HOUSING | $236,402 |
San Francisco, CA PURPOSE: TO SUPPORT THE ORGANIZATION IN PROVIDING AFFORDABLE HOUSING | $200,000 |
14TH STREET ASSOCIATES LP PURPOSE: TO SUPPORT THE ORGANIZATION IN PROVIDING AFFORDABLE HOUSING | $26,554 |
MACARTHUR TELEGRAPH ASSOCIATES LP PURPOSE: TO SUPPORT THE ORGANIZATION IN PROVIDING AFFORDABLE HOUSING | $13,446 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Bridge Community Impact has recieved totaling $3,580,834.
| Awarding Organization | Amount |
|---|---|
Bridge Housing Corporation San Francisco, CA PURPOSE: TO SUPPORT PROJECT DEVELOPMENT OF THE AFFILIATED ORGANIZATION | $3,580,834 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jewish Senior Living Group San Francisco, CA | $2,756,319 | $9,175,842 |
Mmm East Inc San Francisco, CA | $118,949,023 | $7,931,673 |
Covia Foundation Glendale, CA | $0 | $7,791,148 |
Housing Promise Corporation Los Angeles, CA | $717,273 | $717,273 |
Claremont Investment Management Company Claremont, CA | $1,000 | $4,500,473 |
Bridge Community Impact San Francisco, CA | $8,316,284 | $4,579,229 |
Cedarsinai Park Foundation Portland, OR | $11,831,059 | $2,143,357 |
Bethany Center Foundation Of San Francisco Walnut Creek, CA | $0 | $0 |
Rhf Holdings Group Inc Long Beach, CA | $23,097,923 | $3,748,331 |
Lchs Foundation Inc Livingston, CA | $19,439,813 | $1,009,991 |
Ahsc Qalicb Portland, OR | $14,353,857 | $611,073 |
Jack Hall Hawaii Housing Corporation Honolulu, HI | $19,597,939 | $226,920 |