Bridge Housing Corporation

Organization Overview

Bridge Housing Corporation is located in San Francisco, CA. The organization was established in 1983. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, Bridge Housing Corporation employed 213 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bridge Housing Corporation 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, Bridge Housing Corporation generated $38.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.9% each year. All expenses for the organization totaled $35.9m during the year ending 12/2021. While expenses have increased by 9.1% 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.

Since 2014, Bridge Housing Corporation has awarded 106 individual grants totaling $64,431,922. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

MISSION: BRIDGE HOUSING CORPORATION (BRIDGE) STRENGTHENS COMMUNITIES BY DEVELOPING, OWNING AND MANAGING HIGH-QUALITY, AFFORDABLE HOMES FOR WORKING FAMILIES AND SENIORS.VISION:* BRIDGE STRENGTHENS COMMUNITIES AND CREATES OPPORTUNITIES FOR WORKING FAMILIES AND SENIORS, BEGINNING BUT NOT ENDING WITH HOUSING.* BRIDGE IS A LEADER AND INNOVATOR IN THE MISSION-DRIVEN BUSINESS OF EFFECTIVE PRODUCTION, OPERATION AND OWNERSHIP OF AFFORDABLE AND MIXED-INCOME HOUSING.* BRIDGE EARNS THE HIGHEST DEGREE OF CUSTOMER SATISFACTION FROM ALL STAKEHOLDERS, INCLUDING RESIDENTS, NEIGHBORS, INVESTORS, TAXPAYERS, PRIVATE- AND PUBLIC-SECTOR PARTNERS, AND EMPLOYEES.* BRIDGE IS THE GO-TO DEVELOPER AND OWNER FOR PUBLIC OFFICIALS, INVESTORS AND COMMUNITIES SEEKING AN ARRAY OF HOUSING SOLUTIONS, AND IT DELIVERS RESULTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

BRIDGE HOUSING CORPORATION ("BRIDGE") CREATES HIGH-QUALITY, AFFORDABLE HOMES FOR WORKING FAMILIES AND SENIORS. WITH OVER 19,800 HOMES PLACED IN SERVICE AND OVER 7,800 UNITS CURRENTLY IN PROGRESS, BRIDGE IS AMONG THE LARGEST AFFORDABLE HOUSING DEVELOPERS. BRIDGE BUILDS A RANGE OF HOUSING TYPES THAT NOT ONLY FIT COMFORTABLY INTO THEIR SURROUNDINGS BUT ALSO ACT AS A CATALYST FOR REVITALIZING AND STRENGTHENING NEIGHBORHOODS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Van Meter Williams Pollack Llp
Architectural
$161,210
Mosaic Urban Development Llc
Construction Management
$167,035
Knutson Architecture
Architectural
$237,203
Cm Squared Llc
Architectural
$136,377
Sighthound Search Partners
Executive Search
$125,000
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$8,616,581
Government grants $791,621
All other contributions, gifts, grants, and similar amounts not included above$4,345,086
Noncash contributions included in lines 1a–1f $101,984
Total Revenue from Contributions, Gifts, Grants & Similar$13,753,288
Total Program Service Revenue$20,549,755
Investment income $4,123,295
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 $38,426,338

Grants Awarded

Over the last fiscal year, Bridge Housing Corporation has awarded $5,188,498 in support to 10 organizations.

Grant RecipientAmount

BRIDGE COMMUNITY IMPACT

Org PageRecipient Profile

San Francisco, CA

PURPOSE: TO SUPPORT PROJECT DEVELOPMENT OF THE AFFILIATED ORGANIZATION

$3,580,834

BRIDGE SUPPORT CORPORATION

Org PageRecipient Profile

San Francisco, CA

PURPOSE: TO SUPPORT PROJECT DEVELOPMENT OF THE AFFILIATED ORGANIZATION

$1,000,000

MCB FAMILY HOUSING INC

Org PageRecipient Profile

San Francisco, CA

PURPOSE: TO SUPPORT PROJECT DEVELOPMENT OF THE AFFILIATED ORGANIZATION

$418,625

BERNAL SENIOR HOUSING CORP

Org PageRecipient Profile

San Francisco, CA

PURPOSE: TO SUPPORT PROJECT DEVELOPMENT OF THE AFFILIATED ORGANIZATION

$81,000

CALIFORNIA HOUSING CONSORTIUM

Org PageRecipient Profile

Agoura Hills, CA

PURPOSE: UNRESTRICTED GRANT TO FURTHER THE ORGANIZATIONS EXEMPT PURPOSE

$35,000

Washington, DC

PURPOSE: UNRESTRICTED GRANT TO FURTHER THE ORGANIZATIONS EXEMPT PURPOSE

$25,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 17 grants that Bridge Housing Corporation has recieved totaling $1,467,720.

Awarding OrganizationAmount
Salesforce Com Foundation

San Francisco, CA

PURPOSE: SUPPORT TO SOLVING HOMELESSNESS

$500,000
The Harry & Jeanette Weinberg Foundation Inc

Owings Mills, MD

PURPOSE: TO SUPPORT CONSTRUCTION OF THE HOPE CENTER AND BERKELEY WAY AFFORDABLE APARTMENTS, A DEVELOPMENT THAT WILL PROVIDE PERMANENT SUPPORTIVE, AFFORDABLE SPACE.

$500,000
Schwab Charitable Fund

San Francisco, CA

PURPOSE: HUMAN SERVICES

$254,000
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: OPERATIONAL SUPPORT

$30,000
American Gift Fund

Wilmington, DE

PURPOSE: OPERATIONS

$25,000
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: OPERATIONAL SUPPORT

$25,000
View Grant Recipient Profile

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