BESSEMER REDEVELOPMENT CORP
AI Summary
Bessemer Redevelopment Corp is a nonprofit organization dedicated to community improvement in Bessemer, Alabama. Its mission focuses on transforming neighborhoods through community-first development, which includes building or renovating affordable housing, creating community assets, and enhancing public spaces for safety and accessibility. With an operating budget of $944.5K and total revenue of $889.4K, the organization receives significant support from key funders such as Enterprise Holdings Foundation and Truist Foundation Inc, among others, none of which provide over 50% of its revenue. For more information, visit www.brcal.org.
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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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.