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The Bridge Fund Of New York Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 133824852 ✦ New york, NY ✦ Designated as a 501(c)(3)

Overview

What is The Bridge Fund Of New York Inc?

The Bridge Fund of New York Inc is a nonprofit organization situated in New York City, specifically at 271 Madison Ave 907, New York, NY 10016. Their primary mission is to combat homelessness, providing assistance to families at risk of becoming homeless. They accomplish this by offering interest-free loans or grants, as well as financial counseling. This combination of support empowers families to navigate their financial situations and maintain stable housing. In 2022, an impressive 929 families benefited from their services. With a team of 20 dedicated employees, The Bridge Fund of New York Inc demonstrates a strong commitment to supporting vulnerable families and preventing homelessness in their community.


Official website here: www.thebridgefund.org

Is The Bridge Fund Of New York Inc legitimate?

The Bridge Fund Of New York Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Bridge Fund Of New York Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $147,617
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,094,396

For more financial information, click here


Official website here: www.thebridgefund.org

What is the mission statement of The Bridge Fund Of New York Inc?

The Bridge Fund of New York Inc. is dedicated to preventing homelessness. They achieve this by offering financial assistance to families at risk of becoming homeless, either through interest-free loans or grants. Additionally, they provide financial counseling to help clients manage their finances more effectively. In 2022, this organization extended aid to 929 families, demonstrating their commitment to this cause.


Official website here: www.thebridgefund.org

Who is the CEO of The Bridge Fund Of New York Inc?

Anthony Sabia is the Director of The Bridge Fund Of New York Inc.


Official website here: www.thebridgefund.org

What is the revenue of The Bridge Fund Of New York Inc?

The Bridge Fund Of New York Inc's revenue in 2022 was $6,688,159.


Official website here: www.thebridgefund.org

Who are the executives of The Bridge Fund Of New York Inc and what are their salaries?

The average compensation at The Bridge Fund Of New York Inc during 2022 was $62,101. There are 20 employees and 13 volunteers at The Bridge Fund Of New York Inc.

Here are 15 key members and their salaries:

    Anthony Sabia (Executive Director)
  • Compensation: $136,659
  • Related: $0
  • Other: $10,958

    • Maria L Toledo (Deputy Director)
  • Compensation: $101,405
  • Related: $0
  • Other: $10,921

    • Benjamin K Joseph (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bruce Barniker (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • D Roger B Liddell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eon Parks (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Foster L Birch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James E Thatcher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joseph H Cruickshank (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kenneth A Chandler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mary Nan Pollock (Co-Founder) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Oscar S Pollock (Chairman/Co-Founder) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul H Jenkel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard D Ditoro (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tony Pandjiris (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.thebridgefund.org

    Where can I find the form 990 for The Bridge Fund Of New York Inc?

    The The Bridge Fund Of New York Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.thebridgefund.org

    Learn more at the official website: www.thebridgefund.org

    Mission Statement of The Bridge Fund Of New York Inc

    The Bridge Fund of New York Inc, a devoted organization, is dedicated to preventing homelessness. They accomplish this mission by offering a unique combination of financial assistance and guidance to individuals and families who are at risk of becoming homeless. This aid comes in the form of interest-free loans or grants, providing them with much-needed financial support during challenging times. In 2022 alone, the organization extended assistance to 929 families, demonstrating their commitment to combating homelessness and improving the lives of those in need.

    Impact

    This information is meant to be a general summary of The Bridge Fund Of New York Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Bridge Fund Of New York Inc's impact lies in its focused mission to prevent homelessness by offering clients at risk of losing their homes a combination of financial assistance through interest-free loans or grants and financial counseling. In 2022 alone, 929 families were provided with crucial assistance to help them secure stable housing. This direct intervention has helped in mitigating the immediate threat of homelessness for individuals and families in New York, making a tangible difference in their lives and contributing to the overall well-being of the community.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $-694,887
  • Program Service Revenue: $0
  • Gross Receipts: $8,506,697

    • Assets and Liabilities:
  • Total Assets: $5,053,011
  • Total Liabilities: $242,408
  • Net Assets: $4,810,603
  • Organization Details

    Founding Year

    1991

    Principal Officer

    Anthony Sabia

    Main Address

    271 MADISON AVE 907, NEW YORK, NY, 10016

    NTEE Category

    Code: P60 - Human services

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