Greater Bristol Homes Co is located in Bristol, CT. The organization was established in 1998. According to its NTEE Classification (L80) the organization is classified as: Housing 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. Greater Bristol Homes Co 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, Greater Bristol Homes Co generated $159.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (7.6%) each year. All expenses for the organization totaled $269.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE SOLE MISSION OF GBRC IS TO ACQUIRE AND DEVELOP LAND INTO APPROVED BUILDING LOTS AND RAISE CAPITAL TO BUILD HOMES FOR FAMILIES EARNING UP TO 80% OF AREA MEDIAN INCOME "AMI" AS DETERMINED BY HUD
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marc Reich President And Director | 15 | $0 | |
Sabina Sitaru Vice President And Director | 0 | $0 | |
Allen Marko Treasurer And Director | 0 | $0 | |
Carline Ferrer Secretary And Director | 0 | $0 | |
Craig Minor Director | 0 | $0 | |
David Haberfeld Director | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $159,500 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $159,500 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,235 |
| Occupancy, rent, utilities, and maintenance | $3,955 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $3,292 |
| Total expenses | $269,546 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $226,423 |
| Other assets | $0 |
| Total assets | $226,423 |
| Total liabilities | $0 |
| Net assets or fund balances | $226,423 |