BESSEMER REDEVELOPMENT CORP
AI Summary
BESSEMER REDEVELOPMENT CORP is a Bessemer, Alabama-based community improvement nonprofit focused on community-first development, including affordable housing, community assets, public spaces, and safer neighborhood infrastructure such as sidewalks and streetlights. In filing year 2024, it reported an operating budget of $944.5K and total revenue of $889.4K, with major support from Housing Affordability Trust ($1M, 2024), CAMPBELL ESTELLE S CHAR FOUNDATION ($315K, 2024), and NAVIGATE AFFORDABLE HOUSING PARTNERS INC ($200K, 2024).
Mission Statement
WE LEAD THE TRANSFORMATION OF NEIGHBORHOODS IN BESSEMER, ALABAMA, THROUGH COMMUNITY-FIRST DEVELOPMENT, INCLUDING BUILDING OR RENOVATING A QUALITY AFFORDABLE HOUSING PRODUCT, CREATING BUILDINGS OR SITES THAT BECOME COMMUNITY ASSETS, CREATING QUALITY PUBLIC SPACES, AND A SAFER ENVIRONMENT FOR EVERYONE (SIDEWALKS, STREETLIGHTS).
Cause Areas
1
Community improvement
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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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- 13 funders
- 6 board & team members
- 5 historic 990s & financials
- 6-year operating budget trend
Frequently Asked Questions
What is BESSEMER REDEVELOPMENT CORP’s budget?
In 2024, BESSEMER REDEVELOPMENT CORP reported an annual operating budget of around $945 thousand. More detailed financial information is available to registered users.
What causes does BESSEMER REDEVELOPMENT CORP support?
BESSEMER REDEVELOPMENT CORP supports work in Community improvement.
Where does BESSEMER REDEVELOPMENT CORP operate?
BESSEMER REDEVELOPMENT CORP is headquartered in Bessemer, AL.
Who funded BESSEMER REDEVELOPMENT CORP recently?
In 2024, BESSEMER REDEVELOPMENT CORP received grants from Housing Affordability Trust, NAVIGATE AFFORDABLE HOUSING PARTNERS INC, and MIKE AND GILLIAN GOODRICH FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant BESSEMER REDEVELOPMENT CORP received in 2024?
The largest grant to BESSEMER REDEVELOPMENT CORP in 2024 exceeds $169 thousand.
What is BESSEMER REDEVELOPMENT CORP’s reliance on government grants?
BESSEMER REDEVELOPMENT CORP relied on government grants for more than 25% of their total revenue in 2024.