Bridging Communities Inc
- Assets
- $2.4m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 14
- Location
- Detroit, MI
- Founding
- 07/1999
- Data as of
- 12/2021
- EIN
- 38-3434841
Organization Overview
Bridging Communities Inc is located in Detroit, MI. The organization was established in 1999. According to its NTEE Classification (P99) the organization is classified as: Human Services N.E.C., under the broad grouping of Human Services and related organizations. As of 12/2021, Bridging Communities Inc employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bridging 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 12/2021, Bridging Communities Inc generated $1.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 22.1% each year . All expenses for the organization totaled $909.8k during the year ending 12/2021. While expenses have increased by 13.8% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE PRINCIPAL PURPOSES ARE TO STRENGTHEN AND MAINTAIN THE QUALITY OF LIFE FOR RESIDENTS IN SOUTHWEST DETROIT COMMUNITIES THROUGH ELDERCARE, SOCIAL SUPPORT SERVICES AND AFFORDABLE HOUSING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ELDERCARE
SOCIAL SUPPORT SERVICES
AFFORDABLE HOUSING
ALL OTHER ACOMPLISHMENTS FOR SOUTHWEST DETROIT COMMUNITIES THROUGH ELDERCARE, SOCIAL SUPPORT SERVICES, AND AFFORDABLE HOUSING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Phyllis Edwards Executive Di | 40 | $126,200 | |
Rhonda Bost Treasurer | OfficerTrustee | 7 | $0 |
Kwaku Osei President | OfficerTrustee | 7 | $0 |
Courtney Elledge Director | Trustee | 7 | $0 |
Gregory Knott Director | Trustee | 7 | $0 |
Donovan Mckinney Director | Trustee | 7 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,494,203 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,208 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,500,411 |
| Total Program Service Revenue | $3,315 |
| Investment income | $33,861 |
| 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 | $1,642,457 |
| 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 | $418,887 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $57,496 |
| Payroll taxes | $38,458 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $28,597 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $13 |
| Fees for services: Other | $188,341 |
| Advertising and promotion | $5,773 |
| Office expenses | $10,664 |
| Information technology | $16,924 |
| Royalties | $0 |
| Occupancy | $37,399 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,188 |
| Interest | $689 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $38,054 |
| Insurance | $14,672 |
| All other expenses | $1,140 |
| Total functional expenses | $909,755 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,003,371 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $70,300 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $4,369 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $370,532 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $975,941 |
| Total assets | $2,424,513 |
| Accounts payable and accrued expenses | $6,015 |
| 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 | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $7,385 |
| Total liabilities | $13,400 |
| Net assets without donor restrictions | $1,647,520 |
| Net assets with donor restrictions | $763,593 |
| 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 | $2,424,513 |
Grants Recieved
Over the last fiscal year, we have identified 13 grants that Bridging Communities Inc has recieved totaling $702,552.
| Awarding Organization | Amount |
|---|---|
Enterprise Community Partners Inc Columbia, MD PURPOSE: INNOVATION CHALLENGE AWARD | $140,000 |
Kresge Foundation Troy, MI PURPOSE: THIS GRANT PROVIDES PROJECT SUPPORT TO BRIDGING COMMUNITIES TO PLAN AND IMPLEMENT A PUBLIC GREENWAY THAT CONNECTS TWO CITY-OWNED GREEN SPACES IN SOUTHWEST DETROIT, IN ORDER TO FACILITATE COMMUNITY COHESION AND DEVELOP NEIGHBORHOOD CONNECTIVITY AND AS PART OF ROUND 6 OF THE KRESGE INNOVATIVE PROJECTS: DETROIT (KIP:D) INITIATIVE. | $115,000 |
Michigan Health Endowment Fund Brighton, MI PURPOSE: AGENCIES UNITED FOR HEALTHY AGING CHW ACTIVATION INITIATIVE | $99,420 |
Local Initiatives Support Corporation New York, NY PURPOSE: SEE PART IV | $75,000 |
Community Foundation For Southeast Michigan Detroit, MI PURPOSE: COMPUTER TRAINING PROGRAM FOR OLDER ADULTS IN SOUTHEAST MICHIGAN | $75,000 |
Honnold Foundation Salt Lake City, UT PURPOSE: SOLAR INSTALL | $54,262 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
St Vincent De Paul Community Pharmacy Of Cincinnati Cincinnati, OH | $5,013,896 | $12,938,720 |
Lindner Center Of Hope Professional Associates Mason, OH | $872,961 | $8,136,686 |
King Highland Community Redevelopment Corporation Cincinnati, OH | $32,830,933 | $2,909,928 |
Wisconsin Communty Action Program Association Incorporated Madison, WI | $526,927 | $3,675,578 |
Diocesan Council Of Marquette Mi Society Of St Vincent De Paul Marquette, MI | $8,667,690 | $4,832,961 |
Center For Independent Living For Western Wisconsin Inc Menomonie, WI | $4,885,643 | $4,142,811 |
Westland Taylor Corporation Westland, MI | $11,970,993 | $2,865,816 |
Particular Council Of Jackson Jackson, MI | $1,536,644 | $2,629,617 |
Otsego County Commission On Aging Gaylord, MI | $4,456,456 | $2,130,543 |
Metropolitan Foundation Wyoming, MI | $19,562,296 | $1,532,223 |
Crivitz Youth Inc Crivitz, WI | $6,211,935 | $1,738,669 |
The Manna Project Inc Harbor Springs, MI | $2,499,254 | $1,886,938 |