NonprofitsBridge Street Development Corporation

Community Improvement & Capacity Building

Bridge Street Development Corporation

BROOKLYN, NY

Total revenue

$3.3M

Total expenses

$3.6M

Net assets

$1.5M

Grants received

$1.3M

30 grants

EIN

113250772

Tax year

2024

Mission

Bridge street development corporation's mission is threefold: (1)developing and upgrading housing in low and moderate income families in the bedfordstuyvesant area; (2) encouraging the formation of businesses in, and recruiting prospective and existing businesses to, bedforstuyvesant; and(3)developing management and administrative capacity that will allow for the centralized provision of such services to the several corporations affiliated with bridge street african wesleyan methodist episcopal church.

Programs

4 programs

Housing development

Expenses: $1.0M

Bsdc's economic development program has four objectives: a) to provide technical and planning assistance to small business startups b)develop commercial space for business c) implement neighborhood retail initiatives to attract and retain businesses and jobs d) offer empowering financial literacy programs and business planning courses, as well as first-time homebuyer workshops.

Expenses: $542KGrants: $6K

Bsdc's senior services provides quality housing at below market rent for seniors,and various support services on site, such as meal on wheels, workshops,home health aides, medicare assistance and other extracurricularactivities.

Expenses: $280KGrants: $128

Restorative justice-bsdc's restorative justice program, project restore bedstuy (prb), is an immersive, yearlong, initiative designed to assist young men in need of support due to their involvement in street formations. The project is a collaboration between many community and city stakeholders. Prb provides its participants with mentorship, wraparound support, and the resources to help them regain control of their lives. Core components include access to social resources and services, paid internship employment, targeted education, and important life skills. Additionally, through restorative justice and traumainformed programming, it allows participants to take responsibility for any harm caused, while also healing from any harm they may have experienced themselves.

Expenses: $95KGrants: $27K

Financials

FY 2024

Revenue

Contributions & grants$2.3M
Program service revenue$990K
Investment income$230
Other revenue$142
Total revenue$3.3M

Expenses

Grants paid$66K
Salaries & benefits$2.3M
Fundraising$220K
Other expenses$1.2M
Total expenses$3.6M
Total assets$2.1M
Net assets$1.5M

People

15 listed

NameRoleCompensation

GREGORY ANDERSON

PRESIDENT AND CEO

Board

$216K

40 hrs/wk

PHYLLIS WHITE-THORNE

VICE CHAIR

Board

1 hrs/wk

ABITZEL ROBINSON-HOBSON

TREASURER

Board

1 hrs/wk

VALERIE KENDRICK-COUSIN

SECRETARY

Board

1 hrs/wk

DREXEL HARRIS

MEMBER

Board

1 hrs/wk

FITZGERALD MILLER

MEMBER

Board

1 hrs/wk

NILES D STEWART

MEMBER

Board

1 hrs/wk

EDWARD ODOM JR

CHAIRMAN

Board

1 hrs/wk

REV DAVID B COUSIN SR

MEMBER

Board

1 hrs/wk

TAMARA CHARLES

MEMBER

Board

1 hrs/wk

SHIMONAH ISRAEL

MEMBER

Board

1 hrs/wk

JANEL SHERVINGTON

MEMBER

Board

1 hrs/wk

BONNY O WILLIAMS

MEMBER

Board

1 hrs/wk

OMAR WASHINGTON

MEMBER

Board

1 hrs/wk

JOAN BARTOLOMEO

MEMBER

Board

1 hrs/wk

Grants received

Showing 30 of 30

FromAmountPurposeYear
$50K
MICROSOFT OFFICE CERTIFICATION SKILLS TRAINING PROGRAM
2024
$40K
HOUSING & LEGAL COUNSELING
2024
$5K
General & Unrestricted
2024
$20K
BSDC UJIMA ECONOMIC DEVELOPMENT PROGRAM
2023
$17K
HUNGER PREVENTION NUTRITION ASSISTANCE PROGRAM (HPNAP), EMERGENCY FOOD AND SHELTER PROGRAM (EFSP), AND NOURISH NY ARE UWNYCS LARGEST PROGRAMS TO PROVIDE NUTRITIOUS FOOD TO PANTRIES AND SOUP KITCHENS IN NEW YORK CITY. HPNAP AND EFSP HAVE BEEN CORNERSTONE PROGRAMS OF UWNYC FOR 40 YEARS.
2023
$10K
HARD COSTS RELATED TO FACILITY RENOVATIONS AND PURCHASE OF EQUIPMENT.
2023
$10K
EDUCATION READ WRITE & CODE- RWC BUILDS UPON LESSONS LEARNED FROM READNYC, UWNYCS DECADE-LONG LITERACY PROGRAM IN MOTT HAVEN IN THE BRONX, AND ADDS NEW ELEMENTS TO HELP PREPARE CHILDREN FOR POST-COVID CIVIC AND ECONOMIC ENGAGEMENT. RWC CONTINUES TO ADDRESS CHILDRENS FOUNDATIONAL LITERACY AND WELLNESS NEEDS: INCREASING EARLY LITERACY VIA HOME, SCHOOL, AND COMMUNITY LIBRARIES; PROVIDING OUT-OF-SCHOOL LEARNING AND WELLNESS OPPORTUNITIES FOR CHILDREN AND FAMILIES; AND BUILDING TEACHERS CAPACITY TO MEET CHILDRENS LITERACY NEEDS IN A DIGITAL AGE. AT THE SAME TIME, RWC INVESTS IN STUDENTS ADVANCED 21ST CENTURY LITERACY NEEDS: INNOVATIVE METHODS TO INTEGRATE READING AND WRITING INSTRUCTION, MULTIMODAL APPROACHES TO CULTURALLY RESPONSIVE PEDAGOGY, AND INTRODUCING COMPUTER SCIENCE TO TEACHERS AND STUDENTS IN HUMANITIES SETTINGS.
2023
$250K
COMMUNITY PROGRESS MAKERS
2022
$50K
EMERGENCY ASSISTANCE AND COMMUNITY NEEDS (EACN) FUND TO SUPPORT THE THOUSANDS OF MIGRANTS SEEKING ASYLUM IN OUR CITY. THE FUND DIRECT RESOURCES TO COMMUNITY-BASED ORGANIZATIONS (CBOS) WITHIN THE SPECIFIC AREAS THAT ARE LACKING ADEQUATE FUNDING AT THIS TIME. GRANTS DEPLOYED TO ON-THE-GROUND COMMUNITY-BASED ORGANIZATIONS PROVIDING RAPID RESPONSE TO ASYLUM SEEKERS AND MIGRANTS THROUGH FOOD, SHELTER, TRANSPORTATION,AND BASIC NEEDS.
2022
$20K
HOUSING & LEGAL COUNSELING
2022
$15K
GENERAL SUPPORT
2022
$10K
EDUCATION - BLACK STUDIES CIRRICULUM -HELPING NYC OFFICIALS DESIGN, REFINE, AND IMPLEMENT A BLACK STUDIES CURRICULUM FOR NYC SCHOOLS. AS PART OF THIS WORK, UWNYC LAUNCHED OVER 30+ EVENTS TO HELP EDUCATE AND ENGAGE THE PUBLIC ABOUT BLACK STUDIES AND TO BUILD CITYWIDE SUPPORT. EVENTS RANGED FROM BLOCK PARTIES TO TRIVIA NIGHTS TO A FULLY STOCKED BOOKMOBILE THAT ROLLED UP IN COMMUNITIES ACROSS THE CITY TO SHARE CULTURALLY RESPONSIVE BOOKS AND RESOURCES WITH FAMILIES.
2022
$35K
TO PROVIDE ANNUAL ECONOMIC STIMULUS AND CAPACITY BUILDING SUPPORT
2021
$10K
HARD COSTS RELATED TO RENOVATIONS, AND PURCHASE OF OFFICE EQUIPMENT AND FURNISHINGS.
2021
$25K
GENERAL SUPPORT
2020
$25K
HOUSING & LEGAL COUNSELING
2020
$15K
COVID-19 FUND-THE COVID-19 COMMUNITY FUND WILL PROVIDE RESOURCES TO OUR PARTNER AGENCIES AND COMMUNITY-BASED ORGANIZATIONS THAT WORK WITH COMMUNITIES WHO ARE DISPROPORTIONATELY IMPACTED BY CORONAVIRUS AND THE ECONOMIC CONSEQUENCES OF THE OUTBREAK. WE WILL MOBILIZE OUR BROAD NETWORK OF OVER 600 COMMUNITY-BASED PARTNERS THROUGHOUT THE CITY TO PROVIDE ASSISTANCE TO FAMILIES TO WEATHER THE COVID-19 CRISIS. THIS NETWORK OF COMMUNITY PARTNERS WILL PROVIDE DIRECT SERVICES THROUGH OUR READNYC, FEEDNYC AND STRENGTHENNYC PROGRAMS.
2020
$12K
PURCHASE AND INSTALLATION OF OFFICE EQUIPMENT AND FURNISHINGS.
2020
$25K
CHANGE CAPITAL FUND - CHANGE CAPITAL FUND THE CHANGE CAPITAL FUND (CCF) IS A COLLABORATION OF 15 PHILANTHROPIC FOUNDATIONS AND FINANCIAL INSTITUTIONS THAT POOL FUNDS TO INVEST IN COMMUNITY DEVELOPMENT EFFORTS ACROSS NEW YORK CITY. CCF BEGAN FUNDING COMMUNITY DEVELOPMENT CORPORATIONS TOWARDS THE GOAL OF MORE EFFECTIVELY REDUCING PERSISTENT AND CHRONIC POVERTY. EACH PARTICIPATING NONPROFIT ORGANIZATION WILL BE FUNDED OVER FOUR YEARS AND RECEIVE TECHNICAL ASSISTANCE SUPPORT TOWARDS THE GOAL OF BUILDING INTERNAL CAPACITY FOR MULTI-DISCIPLINARY PRACTICES AND IMPROVED OUTCOMES TRACKING SYSTEMS, AND DEVELOPING MORE EFFECTIVE BUSINESS MODELS.
2019
$15K
General Assistance
2019
$15K
CAPACITY BUILDING
2019
$15K
CAPACITY BUILDING
2018

Funded by

$1.3M from 14 funders · 30 grants · 2018–2024

Local Initiatives Support Corporation

$343K · 4 grants · 2020–2024

Citi Foundation

$250K · 1 grant · 2022

American Online Giving Foundation Inc

$201K · 2 grants · 2020–2022

United Way Of New York City

$127K · 6 grants · 2019–2023

Brooklyn Community Foundation

$115K · 3 grants · 2020–2023

The Center For New York City

$85K · 3 grants · 2020–2024

The New York Urban League Inc

$35K · 1 grant · 2021

Details

EIN113250772
NTEE codeS20
Subsection03
Ruling date1996-03
Formed1995
Employees96
Volunteers0
BRIDGE STREET DEVELOPMENT CORPORATION — Mission, Financials & Grants Received | Grantivo