Bella Communities
- Assets
- $355.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 01/2010
- Data as of
- 05/2024
- EIN
- 27-0400149
Organization Overview
Bella Communities is located in Los Angeles, CA. The organization was established in 2010. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bella Communities 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 05/2024, Bella Communities generated $20.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (34.0%) each year. All expenses for the organization totaled $9.1k during the year ending 05/2024. As we would expect to see with falling revenues, expenses have declined by (34.9%) per year over the past 6 years. 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
2024
Describe the Organization's Program Activity:
Part 3
WE CONTINUED TO SEARCH FOR PARTNERS/COLLABORATORS TO ACQUIRE AFFORDABLE HOUSING UNITS AND/OR DELIVER THE INNOVATIVE SERVICE LEARNING AND ECOMONIC OPPORTUNITY MODEL CALLED REV-UP.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ruell Fiant Cfotreasurer | 1 | $0 | |
Thomas Dougherty Director | 1 | $0 | |
Mike Fodor Director | 1 | $0 | |
Benjamin Downing President | 1 | $0 | |
Khoi D Pham Secretaryexec Dir | 20 | $0 | |
Deb Jordan Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,354 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $19,370 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $20,724 |
| 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 | $6,893 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $158 |
| Other expenses | $2,081 |
| Total expenses | $9,132 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $355,091 |
| Other assets | $0 |
| Total assets | $355,091 |
| Total liabilities | $0 |
| Net assets or fund balances | $355,091 |