Overview
What is Bridge Investment Community Development?
Bridge Investment Community Development is a nonprofit organization situated in Rock Island, Illinois, with the mission to promote economic growth and job creation in low- and moderate-income communities. They achieve this by engaging committed members and administering lending activities, such as originating and servicing loans. Their primary objective is to support the development of low- and moderate-income housing for eligible households, thereby contributing to community-based lending and investment.
Official website here: www.bridgeinvestmentcdc.org
Is Bridge Investment Community Development legitimate?
Bridge Investment Community Development is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bridge Investment Community Development 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.bridgeinvestmentcdc.org
What is the mission statement of Bridge Investment Community Development?
Bridge Investment Community Development's mission is focused on fostering job creation and economic growth in low- and moderate-income communities. They achieve this by providing community-based lending and investment. The organization's mission also includes supporting the creation and preservation of affordable housing for these communities' households. In essence, Bridge Investment Community Development aims to promote its objective by recruiting members committed to its mission and administering lending activities, which involve originating and servicing loans.
Official website here: www.bridgeinvestmentcdc.org
Who is the CEO of Bridge Investment Community Development?
Kevin Schoonmaker is the Past Vice Chair of Bridge Investment Community Development.
Official website here: www.bridgeinvestmentcdc.org
What is the revenue of Bridge Investment Community Development?
Bridge Investment Community Development's revenue in 2022 was $590,634.
Official website here: www.bridgeinvestmentcdc.org
Who are the executives of Bridge Investment Community Development and what are their salaries?
- Aj Loss (Past Vice Chair) [Trustee/Director]
- Sameer Kulkarni (Director)
- Brian Hollenback (Executive Dir.) [Trustee/Director]
- Dan Blocher (Director)
- Karen Reynolds (Director)
- Marcus Wynn (Director)
- Chuck Sorensen (Director)
- John Daly (Director)
- Justin Peterson (Director)
- Matt Wynn (Treasurer) [Trustee/Director]
- Frank Nowinski (Director)
- Dirk Meminger (Secretary) [Trustee/Director]
- Kevin Schoonmaker (Chair) [Trustee/Director]
- Ric Parades (Director)
- Dr Ahmed Okba (Director)
- Lawrence Davis (Director)
Official website here: www.bridgeinvestmentcdc.org
Where can I find the form 990 for Bridge Investment Community Development?
The Bridge Investment Community Development’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.bridgeinvestmentcdc.org
Learn more at the official website: www.bridgeinvestmentcdc.org
Mission Statement of Bridge Investment Community Development
Bridge Investment Community Development is an organization that is dedicated to fostering job creation and economic growth in low and moderate income communities. They achieve this by providing community-based lending and investment services. The mission of this nonprofit is to support the creation and preservation of affordable housing for low and moderate income households, contributing to the overall economic development of these communities. By recruiting members who share their commitment to this mission, Bridge Investment Community Development administers lending activities, including originating and servicing loans. This approach allows the organization to play a crucial role in promoting sustainable growth in underserved communities, ultimately improving the living standards and opportunities for its residents.
Impact
This information is meant to be a general summary of Bridge Investment Community Development. Please take the time to review official sources before making any decisions based upon the content provided here.
Wednesday, July 24, 2024
Bridge Investment Community Development has a significant impact on low and moderate-income communities by supporting job creation and economic growth. Through community-based lending and investment initiatives, the organization plays a crucial role in fostering the development and preservation of affordable housing for households in need. By recruiting members dedicated to its mission and administering lending activities, Bridge Investment Community Development actively contributes to improving the economic well-being of underserved communities in Rock Island, IL.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST INCOME-CASH
Revenue
$331
INTEREST INCOME-LOANS
Revenue
$68,850
LOAN FEE REVENUE
Revenue
$6,850
MISC INCOME
Revenue
$1,175
RETURNED CHECK CHARGES
Revenue
$210
Organization Details
Founding Year
2014
Phone
(309) 794-6711
Principal Officer
Kevin Schoonmaker
Main Address
100 19TH STREET 109, ROCK ISLAND, IL, 61201
Website
www.bridgeinvestmentcdc.org
NTEE Category
Code: S30 - Community improvement
If you are a representative of Bridge Investment Community Development and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.