Redford Brightmoor Initiative
- Assets
- $126.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Redford, MI
- Founding
- 02/2013
- Data as of
- 12/2023
- EIN
- 36-4751009
Organization Overview
Redford Brightmoor Initiative is located in Redford, MI. The organization was established in 2013. According to its NTEE Classification (S31) the organization is classified as: Urban & Community Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Redford Brightmoor Initiative 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, Redford Brightmoor Initiative generated $169.8k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $141.4k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Pickett Board Chair | 10 | $0 | |
Rachel Kain President | 5 | $0 | |
Hilary Kristal Director | 30 | $49,508 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $169,844 |
| 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 | $169,844 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $81,962 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $10,165 |
| Printing, publications, postage, and shipping | $2,101 |
| Other expenses | $47,127 |
| Total expenses | $141,355 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $100,597 |
| Other assets | $0 |
| Total assets | $126,472 |
| Total liabilities | $0 |
| Net assets or fund balances | $126,472 |