Greater Bridgeport Communityenterprises Inc - Gbce
- Assets
- $1.4m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 34
- Location
- Bridgeport, CT
- Founding
- 06/2009
- Data as of
- 06/2022
- EIN
- 20-5759623
Organization Overview
Greater Bridgeport Communityenterprises Inc - Gbce, operating under the name Greater Bridgeport Community Enterprises Inc, is located in Bridgeport, CT. The organization was established in 2009. According to its NTEE Classification (C99) the organization is classified as: Environment N.E.C., under the broad grouping of Environment and related organizations. As of 06/2022, Greater Bridgeport Community Enterprises Inc employed 34 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greater Bridgeport Community Enterprises 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, Greater Bridgeport Community Enterprises Inc generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.1% each year . All expenses for the organization totaled $1.4m during the year ending 06/2022. While expenses have increased by 24.6% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ASSIST LOW-INCOME FAMILIES IN DISADVANTAGED NEIGHBORHOODS ACHIEVE SELF-SUFFICIENCY AND FINANCIAL STABILITY THROUGH JOBS AND THE EXPANSION OF BUSINESS OPPORTUNITIES IN THE GROWING GREEN ECONOMY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PARTNERS WITH COMPANIES, MUNICIPALITIES, ORGANIZATIONS AND INSTITUTIONS TO SAVE THEM MONEY IN MATTRESS DISPOSAL, INCREASING THEIR RECYCLING RATES, CREATING GREEN AND CLEAN NEIGHBORHOODS, EMPOWERING COMMUNITIES, AND CREATING GREEN JOBS FOR DISADVANTAGED RESIDENTS, PARTICULARLY THOSE WHO WERE FORMERLY INCARCERATED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Adrienne Farrar Houel President/ceo | Officer | 40 | $0 |
Jeff Leichtman Director | Trustee | 5 | $0 |
Robert Wall Director | Trustee | 5 | $0 |
Vincensia Adusei Director | Trustee | 5 | $0 |
David Stubbs Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $86,960 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,946 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $90,906 |
| Total Program Service Revenue | $1,113,264 |
| Investment income | $374 |
| 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 | $1,204,544 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $613,134 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $68,361 |
| Fees for services: Management | $1,250 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $62,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $58,577 |
| Advertising and promotion | $466 |
| Office expenses | $9,384 |
| Information technology | $3,723 |
| Royalties | $0 |
| Occupancy | $115,927 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,405 |
| Interest | $10,625 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $44,337 |
| Insurance | $72,921 |
| All other expenses | $3,322 |
| Total functional expenses | $1,358,478 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $44,771 |
| Savings and temporary cash investments | $677,374 |
| Pledges and grants receivable | $51,068 |
| Accounts receivable, net | $72,083 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,520 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $23,344 |
| Net Land, buildings, and equipment | $310,704 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $187,891 |
| Other assets | $9,064 |
| Total assets | $1,377,819 |
| Accounts payable and accrued expenses | $154,576 |
| 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 | $114,340 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,431,735 |
| Total liabilities | $1,700,651 |
| Net assets without donor restrictions | -$322,832 |
| 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 | $1,377,819 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Greater Bridgeport Communityenterprises Inc - Gbce has recieved totaling $15,000.
| Awarding Organization | Amount |
|---|---|
The Tow Foundation Inc New Canaan, CT PURPOSE: PLANNING GRANT FOR HOMEBRIDGE VENTURES | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Environmental Grantmakers Association New York, NY | $3,826,328 | $3,211,858 |
The Stringer Foundation New York, NY | $22,298,258 | $2,265,089 |
North Shore Innoventures Inc Beverly, MA | $2,743,433 | $2,186,020 |
Greater Bridgeport Communityenterprises Inc - Gbce Bridgeport, CT | $1,377,819 | $1,204,544 |
Museum At Eldridge Street New York, NY | $3,528,526 | $1,744,110 |
New Economy Coalition Inc Cambridge, MA | $1,630,247 | $2,011,256 |
Alliance To Protect Nantucket Sound Inc Hyannis, MA | $1,586,755 | $1,119,261 |
Energy For Common Good Inc Concord, MA | $153,854 | $1,003,500 |
Blue Mountain Center Blue Mountain Lake, NY | $22,198,352 | $2,163,643 |
North American Passive House Network Inc New York, NY | $37,915 | $662,900 |
Brooklyn Greenway Initative Brooklyn, NY | $362,698 | $657,211 |
Sailors Snug Harbor Of Boston Boston, MA | $9,691,854 | $663,582 |