Bridge Communities Inc

Organization Overview

Bridge Communities Inc is located in Glen Ellyn, IL. The organization was established in 1990. According to its NTEE Classification (L80) the organization is classified as: Housing Support, under the broad grouping of Housing & Shelter and related organizations. As of 06/2022, Bridge Communities Inc employed 36 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bridge Communities 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, Bridge Communities Inc generated $5.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $5.0m during the year ending 06/2022. While expenses have increased by 5.8% 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 990T Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE SERVICES AND HOUSING FOR HOMELESS FAMILIES.

Describe the Organization's Program Activity:

IN FY22, BRIDGE COMMUNITIES SERVED 81 FAMILIES INCLUDING 95 ADULTS (18 YRS AND OLDER) AND THEIR 151 CHILDREN (UNDER 18). BRIDGE CONTINUED TO EXPAND THE BREADTH AND QUALITY OF ITS SERVICE OFFERINGS TO FAMILIES AND THE OVER 300 VOLUNTEER MENTORS WHO SUPPORT THEM, FOCUSING ON CASE MANAGEMENT, NUTRITION, BEHAVIORAL HEALTH, TRAUMA INFORMED CARE, AND CAREER AND EDUCATIONAL COUNSELING FOR BOTH ADULTS AND TEEN CHILDREN. IN 2022, WE LAUNCHED A PILOT INITIATIVE TO TEST A STRATEGY TO SHIFT FUNDING AND SUPPORT FOR FAMILIES FACING HOMELESSNESS, REDUCING TIME TO HOUSE, AND EXPANDING, IN AN INCREMENTAL WAY, THE NUMBER AND KINDS OF FAMILIES BRIDGE CAN SERVE.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Geromini Cleaning Services
Building Rehab And Maintenance
$175,447
Beaksco Inc
Property Management
$116,164
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$651,112
Related organizations$0
Government grants $242,788
All other contributions, gifts, grants, and similar amounts not included above$3,111,091
Noncash contributions included in lines 1a–1f $37,647
Total Revenue from Contributions, Gifts, Grants & Similar$4,004,991
Total Program Service Revenue$1,561,721
Investment income $72,108
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $56,991
Net Income from Fundraising Events -$211,472
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $5,545,489

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Bridge Communities Inc has recieved totaling $17,000.

Awarding OrganizationAmount
Manire Foundation 23-05811

Glen Ellyn, IL

PURPOSE: ADVOCACY

$15,000
J R Albert Foundation Inc

Naperville, IL

PURPOSE: GENERAL OPERATING

$2,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$3,714,815
Earnings-$553,230
Net Contributions$215,426
Other Expense-$109,511
Ending Balance$3,267,500

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