Bcec Inc
- Assets
- $2.8m
- Revenue
- $169.1k
- Investments
- $182.5k
- Employees
- 0
- Location
- Hastings, MI
- Founding
- 02/2013
- Data as of
- 06/2021
- EIN
- 45-3815583
Organization Overview
Bcec Inc is located in Hastings, MI. The organization was established in 2013. According to its NTEE Classification (T11) the organization is classified as: Single Organization Support, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bcec 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 06/2021, Bcec Inc generated $169.1k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $240.2k during the year ending 06/2021. While expenses have increased by 1.2% per year over the past 6 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
BCEC INC. PROVIDES MEETING AND OFFICE SPACE TO NON-PROFIT AND COMMUNITY GROUPS THAT PROVIDE SERVICES AND PROGRAMS TO RESIDENTS OF BARRY COUNTY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BUILDING MAINTENANCE AND RESTORATION FOR THE OFFICES OF BARRY COUNTY NONPROFIT ORGANIZATIONS AND PROGRAMS.
BUILDING MAINTENANCE AND RESTORATION FOR THE OFFICES OF BARRY COUNTY NONPROFIT ORGANIZATIONS AND PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kim Norris Chair | OfficerTrustee | 6 | $0 |
Jennifer Haywood Treasurer | OfficerTrustee | 4 | $0 |
Bonnie Gettys President/ceo | Officer | 5 | $0 |
Annie Halle Vice President Operations | Officer | 15 | $0 |
Karen Heath Trustee | Trustee | 4 | $0 |
Shauna Swantek Trustee | Trustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $27,110 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $27,110 |
| Total Program Service Revenue | $58,465 |
| Investment income | $63,208 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $20,336 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $169,119 |
| 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 | $30,260 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,246 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,554 |
| Advertising and promotion | $0 |
| Office expenses | $62,911 |
| Information technology | $11,058 |
| Royalties | $0 |
| Occupancy | $45,600 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $907 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $81,664 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $240,166 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$153,919 |
| Savings and temporary cash investments | $62,046 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $822,973 |
| Investments—publicly traded securities | $1,847,468 |
| Investments—other securities | $182,476 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,761,044 |
| Accounts payable and accrued expenses | $132,173 |
| 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 | $0 |
| Total liabilities | $132,173 |
| Net assets without donor restrictions | $2,628,871 |
| 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 | $2,761,044 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Bcec Inc has recieved totaling $100,000.
| Awarding Organization | Amount |
|---|---|
Barry County Community Foundation Hastings, MI PURPOSE: SUPPLIES FOR BUILDING HABITAT HOUSES | $100,000 |
Endowment Analysis
| Beg. Balance | $39,172,936 |
| Earnings | $7,464,407 |
| Net Contributions | $4,199,691 |
| Grants | $2,615,834 |
| Ending Balance | $48,221,200 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Gift Clearing Trust Indianapolis, IN | $47,036,280 | $91,256,862 |
Jack Joseph And Morton Mandel Supporting Foundation Cleveland, OH | $3,137,744,612 | $304,643,754 |
L Brands Foundation Columbus, OH | $10,808,234 | $42,020,639 |
Sojourner Foundation Inc Milwaukee, WI | $5,493,853 | $4,205,530 |
Siemer Institute Columbus, OH | $21,924,276 | $13,963,015 |
David And Inez Myers Foundation Cleveland, OH | $231,370,323 | $1,575,245 |
Block 3 Community Urban Redevelopment Corporation Cincinnati, OH | $43,753,173 | $7,948,144 |
Sally And John Morley Family Fund Cleveland, OH | $0 | $0 |
Foundation For The Uptown Reinvestment Corporation Flint, MI | $1,872,223 | $6,455,012 |
Dayton Foundation Plus Inc Dayton, OH | $83,505,101 | $9,971,050 |
Jcgf Charitable Tr Cincinnati, OH | $1,841,285 | $5,857,978 |
West Bend Community Foundation Inc Milwaukee, WI | $79,149,428 | $10,575,689 |