Overview

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Est.

1965

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

TWO BRIDGES NEIGHBORHOOD COUNCIL INC is a nonprofit organization dedicated to serving the neighborhoods of Manhattan's Lower East Side since 1954, focusing on housing development and retirement housing. With an operating budget of $785K and total revenue of $577.5K, TBNC collaborates with local residents, businesses, and leaders to create affordable housing and celebrate cultural diversity. The organization receives support from major funders including FIDELITY INVESTMENTS CHARITABLE GIFT FUND, NETWORK FOR GOOD, and The New York and Presbyterian Hospital, among others, but does not rely on a single funder for 50% or more of its revenue.

Mission Statement

PTWO BRIDGES NEIGHBORHOOD COUNCIL, INC. ("TBNC") HAS BEEN DEDICATED TO SERVING THE NEIGHBORHOODS OF MANHATTAN'S LOWER EAST SIDE SINCE 1954, CREATING AFFORDABLE HOUSING, CELEBRATING CULTURAL DIVERSITY AND WORKING WITH LOCAL RESIDENTS, BUSINESSES, ENTREPRENEURS AND LEADERS TO STIMULATE AND MAINTAIN ECONOMIC VITALITY.
Revenues
$577.5K
Expenses
$785K
Net Income:
-$207.5K
Assets
$4.9M
Liabilities
$3.2M
Net Assets:
+$1.7M
Operating Budget
$785K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
3
Median grant size
$51K
Largest grant received
$150K
D
Ditashiah Kohn
Board Member
J
Jerrod Delaine
Board Member
A
Anthony Giorgio
Board Member

Frequently Asked Questions

What is TWO BRIDGES NEIGHBORHOOD COUNCIL INC’s budget?
In 2024, TWO BRIDGES NEIGHBORHOOD COUNCIL INC reported an annual operating budget of around $785 thousand. More detailed financial information is available to registered users.
What causes does TWO BRIDGES NEIGHBORHOOD COUNCIL INC support?
TWO BRIDGES NEIGHBORHOOD COUNCIL INC supports work in Retirement housing and Housing development.
Where does TWO BRIDGES NEIGHBORHOOD COUNCIL INC operate?
TWO BRIDGES NEIGHBORHOOD COUNCIL INC is headquartered in New York, NY.
Who funded TWO BRIDGES NEIGHBORHOOD COUNCIL INC recently?
In 2024, TWO BRIDGES NEIGHBORHOOD COUNCIL INC received grants from The New York and Presbyterian Hospital, FIDELITY INVESTMENTS CHARITABLE GIFT FUND, and EDISON PROPERTIES NEWARK FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant TWO BRIDGES NEIGHBORHOOD COUNCIL INC received in 2024?
The largest grant to TWO BRIDGES NEIGHBORHOOD COUNCIL INC in 2024 exceeds $150 thousand.
What is TWO BRIDGES NEIGHBORHOOD COUNCIL INC’s reliance on government grants?
TWO BRIDGES NEIGHBORHOOD COUNCIL INC relied on government grants for more than 5% of their total revenue in 2024.