Bessemer Non-Profit Development Corporat Ion

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

EIN: 630866917 ✦ Bessemer, AL ✦ Designated as a 501(c)(3)

Overview

What is Bessemer Non-Profit Development Corporat Ion?

The Bessemer Non-Profit Development Corporation is an affiliated entity to the Bessemer Housing Authority. Its primary focus is on low-income housing. The corporation receives financial support in the form of salaries, which are then reimbursed by the Authority. It should be noted that none of the salaries surpass $50,000. The organization's mission aligns with the Bessemer Housing Authority, providing housing solutions for individuals with lower incomes.


Is Bessemer Non-Profit Development Corporat Ion legitimate?

Bessemer Non-Profit Development Corporat Ion is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bessemer Non-Profit Development Corporat Ion 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: $126,303

For more financial information, click here


What is the mission statement of Bessemer Non-Profit Development Corporat Ion?
Who is the CEO of Bessemer Non-Profit Development Corporat Ion?
What is the revenue of Bessemer Non-Profit Development Corporat Ion?
Who are the executives of Bessemer Non-Profit Development Corporat Ion and what are their salaries?
Where can I find the form 990 for Bessemer Non-Profit Development Corporat Ion?

Mission Statement of Bessemer Non-Profit Development Corporat Ion

The Bessemer Non-Profit Development Corporation, related to the Bessemer Housing Authority, is dedicated to providing low-income housing. As a related entity, the corporation receives salaries from the Authority, which are subsequently charged back. The organization's mission revolves around low-income housing, supporting the community by providing necessary accommodations for those in need. The corporation's role is closely tied to the Bessemer Housing Authority, working together to ensure affordable housing opportunities for its constituents.

Impact

This information is meant to be a general summary of Bessemer Non-Profit Development Corporat Ion. Please take the time to review official sources before making any decisions based upon the content provided here.




Saturday, July 20, 2024

Bessemer Non-Profit Development Corporation has a significant impact on providing low-income housing in Bessemer, Alabama. As a related entity to the Bessemer Housing Authority, the corporation plays a crucial role in addressing the housing needs of low-income individuals and families in the city. By managing and facilitating low-income housing projects, the corporation contributes to improving the living conditions and ensuring affordable housing opportunities for those in need. This directly aligns with their mission of providing low-income housing and underscores their commitment to serving 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 2021.

  • Investment Income: $12
  • Program Service Revenue: $399,414
  • Gross Receipts: $1,086,684

    • Assets and Liabilities:
  • Total Assets: $2,871,332
  • Total Liabilities: $2,227,693
  • Net Assets: $643,639
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    TENANT RENTS

    Revenue

    $399,414

    Organization Details

    Founding Year

    1981

    Principal Officer

    Cortney Coleman

    Main Address

    PO BOX 1390, BESSEMER, AL, 35020

    NTEE Category

    Code: L21 - Housing

    If you are a representative of Bessemer Non-Profit Development Corporat Ion 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.