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Nonprofits›Bessemer Redevelopment Corp

Community Improvement & Capacity Building

Bessemer Redevelopment Corp

BESSEMER, AL

Website

Total revenue

$889K

Total expenses

$951K

Net assets

$978K

Grants received

$1.8M

19 grants

EIN

851601510

Tax year

2024

Mission

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).

Programs

2 programs

Renovation of the bessemer train depot to enhance the community.

Expenses: $49K

Community workforce housing added three new modular homes available for sale in the 6th avenue block of bessemer.

Expenses: $147K

Financials

FY 2024

Revenue

Contributions & grants$892K

Program service revenue—

Investment income—

Other revenue$12K

Total revenue$889K

Expenses

Grants paid$6K

Salaries & benefits$137K

Fundraising$8K

Other expenses$808K

Total expenses$951K

Total assets$2.6M

Net assets$978K

People

3 listed

NameRoleCompensation

BRIAN GIATTINA

PRESIDENT

Board

—

20 hrs/wk

MIKE ROGERS

DIRECTOR

Board

—

1 hrs/wk

ED WELDEN

DIRECTOR

Board

—

1 hrs/wk

Independent contractors

EMPYREAN CONSTRUCTION LLC

PROPERTY RENOVATION

$131K

Grants received

Showing 19 of 19

FromAmountPurposeYear

Housing Affordability Trust

$169K

Discretionary

2024

NAVIGATE AFFORDABLE HOUSING PARTNERS

$100K

RENOVATION OF TWO AFFORDABLE HOUSING UNITS IN BESSEMER - WE ARE REQUESTING $100,000 TO CARRY OUT MUCH-NEEDED REPAIRS TO TWO EXISTING HOMES LOCATED ACROSS THE STREET FROM OUR NEW CONSTRUCTION. WITH MINIMAL INVESTMENT, WE CAN HELP THESE LONG-TIME BESSEMER RESIDENTS, WHO ARE LMI, HAVE A SAFE AND ATTRACTIVE PLACE TO LIVE WHILE IMPROVING THE APPEARANCE AND DESIRABILITY OF THE ENTIRE BLOCK. THE IMPROVEMENTS WE PROPOSE FOCUS ON THE HOMES EXTERIORS. THEY INCLUDE NEW FENCING AND LANDSCAPING, AS WELL AS NEW ROOFING AND SIDING, ENSURING THESE HOMES REMAIN SAFE AND HABITABLE WHILE CONTRIBUTING POSITIVELY TO THE SURROUNDING NEIGHBORHOOD.

2024

MIKE AND GILLIAN GOODRICH FOUNDATION

$75K

OPERATING SUPPORT OF ORGANIZATION

2024

REGIONS FOUNDATION

$150K

GENERAL SUPPORT

2023

Housing Affordability Trust

$104K

Discretionary