Overview

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Est.

1973

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

BROTHERS REDEVELOPMENT INC is a Colorado nonprofit focused on housing development and retirement housing, with a mission to provide safe, affordable, accessible housing and housing services for low-income, elderly, and disabled people in Colorado. In filing year 2024, it reported an operating budget of $28.9M and total revenue of $31.2M, with major support from THE COLORADO HEALTH FOUNDATION ($1.8M, 2024), NEXTFIFTY INITIATIVE ($562K, 2024), and DANIELS FUND ($465K, 2023).

Mission Statement

TO PROVIDE SAFE, AFFORDABLE, ACCESSIBLE HOUSING AND HOUSING SERVICES FOR THELOW-INCOME, ELDERLY AND DISABLED OF COLORADO.
Revenues
$31.2M
Expenses
$28.9M
Net Income:
+$2.4M
Assets
$43.4M
Liabilities
$22.4M
Net Assets:
+$21M
Operating Budget
$28.9M
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
18
Median grant size
$22.1K
Largest grant received
$260K
J
Jeff Martinez
Board Member
J
Janine Halverson
Board Member
L
Larry Aubrecht
Board Member
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  • 41 funders
  • 24 board & team members
  • 11 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is BROTHERS REDEVELOPMENT INC’s budget?
In 2024, BROTHERS REDEVELOPMENT INC reported an annual operating budget of around $28.9 million. More detailed financial information is available to registered users.
What causes does BROTHERS REDEVELOPMENT INC support?
BROTHERS REDEVELOPMENT INC supports work in Retirement housing and Housing development.
Where does BROTHERS REDEVELOPMENT INC operate?
BROTHERS REDEVELOPMENT INC is headquartered in Edgewater, CO.
Who funded BROTHERS REDEVELOPMENT INC recently?
In 2025, BROTHERS REDEVELOPMENT INC received grants from ENERGY OUTREACH COLORADO, SCHLESSMAN FOUNDATION INC, and RICHEY MAY CARES FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant BROTHERS REDEVELOPMENT INC received in 2024?
The largest grant to BROTHERS REDEVELOPMENT INC in 2024 exceeds $260 thousand.
What is BROTHERS REDEVELOPMENT INC’s reliance on government grants?
BROTHERS REDEVELOPMENT INC relied on government grants for more than 60% of their total revenue in 2024.