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BGC NONPROFIT HOUSING CORPORATION C/O ALTMAN MANAGEMENT COMPANY

BGC NONPROFIT HOUSING CORPORATION C/O ALTMAN MANAGEMENT COMPANY

Okemos, MI, US
501(c)3
EIN
38-3075222
Regional Funder
funder logo

BGC NONPROFIT HOUSING CORPORATION C/O ALTMAN MANAGEMENT COMPANY

Okemos, MI, US
501(c)3
EIN
38-3075222
Regional Funder

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$2,069,029

Program Services
98%
Investments
2%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Other
0%
Expenses in 2024

$1,760,758

Other
36%
Fees to Service Providers
23%
Offices, Occupancy & IT
17%
Depreciation
10%
Interest
9%
Grants
5%
Advertising & Promotion
<1%
Benefits to Members
0%
Salaries & Benefits
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$1,942,003
$2,032,993
+5%
Membership Dues
$0
$0
-
Investments
$3,800
$36,036
+848%
Other
$0
$0
-
Total Revenues
$1,945,803
$2,069,029
+6%
Expenses
2023
2024
Change
Grants
$3,091,667
$91,667
-97%
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$0
-
Fees to Service Providers
$383,329
$406,854
+6%
Advertising & Promotion
$2,578
$1,222
-53%
Offices, Occupancy & IT
$322,347
$299,426
-7%
Interest
$161,447
$158,123
-2%
Depreciation
$217,973
$170,819
-22%
Other
$529,916
$632,647
+19%
Total Expenses
$4,709,257
$1,760,758
-63%
Net income
2023
2024
Change
Net income
-$2,763,454
+$308,271
-111%
Functional Expenses
Summary
2023
2024
Change
Program
$4,145,427
$1,197,407
-71%
Admin
$563,830
$563,351
0%
Fundraising
$0
$0
-
Total Expenses
$4,709,257
$1,760,758
-63%
Income Statement
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