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Brothers Redevelopment Inc

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

EIN: 840615347 ✦ Edgewater, CO ✦ Designated as a 501(c)(3)

Overview

What is Brothers Redevelopment Inc?

Brothers Redevelopment Inc is a dedicated nonprofit organization based in Edgewater, Colorado. With a team of 111 employees, they provide managerial oversight and property management services to the affordable housing communities owned by the organization and its partners. Their mission is to ensure safe, accessible, and affordable housing for low-income, elderly, and disabled individuals in Colorado. They manage 13 such communities, offering 526 well-maintained apartments to those in need.


Official website here: www.brothersredevelopment.org

Is Brothers Redevelopment Inc legitimate?

Brothers Redevelopment Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Brothers Redevelopment 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: $172,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,436,626

For more financial information, click here


Official website here: www.brothersredevelopment.org

What is the mission statement of Brothers Redevelopment Inc?

Brothers Redevelopment Inc is dedicated to providing safe, affordable, and accessible housing and housing services for the low-income, elderly, and disabled community in Colorado. Through their management oversight and property services, they ensure the organization's and third-party owned communities meet the needs of their residents. Brothers Redevelopment manages thirteen (13) affordable housing communities, providing a total of 526 apartments for those in need. Their mission is to make a positive impact on the lives of vulnerable individuals by addressing their housing needs.


Official website here: www.brothersredevelopment.org

Who is the CEO of Brothers Redevelopment Inc?

Jeff Martinez is the Chairman of Brothers Redevelopment Inc.


Official website here: www.brothersredevelopment.org

What is the revenue of Brothers Redevelopment Inc?

Brothers Redevelopment Inc's revenue in 2022 was $23,000,953.


Official website here: www.brothersredevelopment.org

Who are the executives of Brothers Redevelopment Inc and what are their salaries?

The average compensation at Brothers Redevelopment Inc during 2022 was $41,519. There are 111 employees and 1,892 volunteers at Brothers Redevelopment Inc.

Here are 13 key members and their salaries:

    Jeff Martinez (President)
  • Compensation: $153,923
  • Related: $0
  • Other: $18,077

    • Chad H Mitchell (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Larry Aubrecht (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joycelyn Gardner Rodda (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Samuel Herrera (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William M Christopher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jennifer Haynes (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nicole Brunswig (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Rinderknecht (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Margaret Turco (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Janine Halverson (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Katie Mckenna (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jim Tanzillo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.brothersredevelopment.org

    Where can I find the form 990 for Brothers Redevelopment Inc?

    The Brothers Redevelopment Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.brothersredevelopment.org

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

    Mission Statement of Brothers Redevelopment Inc

    Brothers Redevelopment Inc, a dedicated nonprofit organization, is committed to ensuring the availability of safe, affordable housing for the low-income, elderly, and disabled residents of Colorado. The mission of this esteemed organization is to provide these vulnerable populations with accessible housing and essential housing services.

    Through their managerial oversight and property management services, Brothers Redevelopment Inc manages thirteen affordable housing communities, offering 526 apartments to those in need. These apartments cater specifically to disabled, elderly, and low-income families. The nonprofit goes above and beyond by also providing third-party maintenance services to its nonprofit organizations.

    Brothers Redevelopment Inc's unwavering dedication to its cause is evident in its impactful work. By offering safe and affordable housing, the organization enables its residents to focus on their wellbeing and personal growth. The provision of housing services further enhances the quality of life for the residents, addressing their unique needs and ensuring a sense of stability and security.

    In summary, Brothers Redevelopment Inc is a pioneering nonprofit organization that focuses on providing safe, affordable, and accessible housing and essential services for the low-income, elderly, and disabled population of Colorado. Through its comprehensive housing solutions, the organization empowers its residents to overcome challenges and build better lives for themselves and their families.

    Impact

    This information is meant to be a general summary of Brothers Redevelopment Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Brothers Redevelopment Inc has a significant impact on the Colorado community by providing safe, affordable, and accessible housing and housing services to low-income, elderly, and disabled individuals. Through their managerial oversight, property management services, and third-party maintenance, the organization ensures that 526 apartments are available to those in need. By managing thirteen affordable housing communities, Brothers Redevelopment Inc plays a crucial role in addressing the housing needs of vulnerable populations in Colorado, ultimately contributing to the well-being and stability of these individuals and families.





    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: $569,001
  • Program Service Revenue: $6,358,328
  • Gross Receipts: $23,318,354

    • Assets and Liabilities:
  • Total Assets: $36,260,929
  • Total Liabilities: $17,732,961
  • Net Assets: $18,527,968
  • Programs

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

    TENANT RENT

    Revenue

    $3,965,670

    PROPERTY MANAGEMENT FEES

    Revenue

    $2,392,658

    Organization Details

    Founding Year

    1973

    Principal Officer

    Jeff Martinez

    Main Address

    2250 EATON ST GARDEN LEVEL, EDGEWATER, CO, 80214

    NTEE Category

    Code: L20Z - Housing

    If you are a representative of Brothers Redevelopment Inc 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.