BESSEMER REDEVELOPMENT CORP

BESSEMER REDEVELOPMENT CORP

Bessemer, AL, US
501(c)3
EIN
85-1601510

BESSEMER REDEVELOPMENT CORP

Bessemer, AL, US
501(c)3
EIN
85-1601510

Overview

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Est.

2020

Fiscal Year Start

Jan 1

Organization Type

Grantseeker
AI Summary
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Bessemer Redevelopment Corp, with EIN 85-1601510, is a nonprofit organization focused on community improvement in Bessemer, Alabama. With an operating budget of $944.5K and total revenue of $889.4K, the organization is dedicated to transforming neighborhoods through community-first development initiatives, including the construction and renovation of affordable housing, the creation of community assets, and the enhancement of public spaces for safety and accessibility. The organization does not rely on a single funder for 50% or more 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).
Revenues

$889.4K

Expenses

$950.8K

Net Income:
-$61.4K
Assets

$2.6M

Liabilities

$1.6M

Net Assets:
+$978.4K
Operating Budget

$944.5K

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

6

Median grant size
$62.5K
Largest grant received
$169.5K
B
Brian Giattina
Board Member
E
Ed Welden
Board Member
M
Mike Rogers
Board Member

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.
Overview
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