NonprofitsBridgeport Neighborhood Trust Inc

Housing & Shelter

Bridgeport Neighborhood Trust Inc

BRIDGEPORT, CT

Total revenue

$4.7M

Total expenses

$4.0M

Net assets

$3.4M

Grants received

$2.0M

42 grants

EIN

222809353

Tax year

2023

Mission

Founded in 1986, building neighborhoods together's (bnt) mission is to end housing insecurity, income inequality and homelessness by creating safe, affordable housing, and providing comprehensive housing and financial counseling services to low- and moderate-income families across connecticut.

Programs

3 programs

Housing development - focuses on the building and renovation of quality affordable homes and apartments that provide new housing opportunities for families with low- and moderate-income levels throughout the state of connecticut. During 2023, bnt continues to work on two more projects (south end commons and east main street redevelopment).

Expenses: $202K

Empowerment resource academy ("era") - provides education to families to achieve self-sufficiency, build wealth and maintain financial stability. Era provides pre-purchase counseling and education, and foreclosure prevention services. Services include rental counseling and eviction prevention, mobility counseling and resident engagement and empowerment services. During 2023, era continued assisting the state of ct with solicitation, application, processing, and counseling related to resident rent relief programs related to covid19.

Expenses: $196K

Social enterprise group - provided goods and services currently not being offered in the community and jobs with ownership potential that will provide economic stability.

Expenses: $334K

Financials

FY 2023

Revenue

Contributions & grants$1.4M
Program service revenue$1.0M
Investment income$2.1M
Other revenue$135K
Total revenue$4.7M

Expenses

Grants paid
Salaries & benefits$1.1M
Fundraising
Other expenses$2.9M
Total expenses$4.0M
Total assets$4.8M
Net assets$3.4M

People

11 listed

NameRoleCompensation

DORIS LATORRE

CEO

Board

$170K

40 hrs/wk

TERENCE FLOYD

VICE PRESIDENT

Board

2 hrs/wk

DEBORAH CLANCY

DIRECTOR

Board

2 hrs/wk

CAROL J HELLER

SECRETARY

Board

2 hrs/wk

DEBORAH CAVINESS

TRUSTEE

Board

2 hrs/wk

CHIP PARRISH

PRESIDENT

Board

2 hrs/wk

JENITA HAYES

TREASURER

Board

2 hrs/wk

KEVIN MOORE

DIRECTOR

Board

2 hrs/wk

DAVID REYES

DIRECTOR

Board

2 hrs/wk

REGINA VERMONT

DIRECTOR

Board

2 hrs/wk

CHARLES BRELAND

DIRECTOR

Board

2 hrs/wk

Independent contractors

SCHANDLER SELNAU ASSOCIATES

HOUSING DEVELOPMENT SERVICES

$176K

HOOPES MORGANTHALER RAUSCH & SCARAMOZZ

LEGAL SERVICES

$126K

Grants received

Showing 42 of 42

FromAmountPurposeYear
$400K
COMMUNITY PROGRESS MAKERS
2024
$25K
General & Unrestricted
2024
$15K
Strategic Capacity Building: Affordable Housing and Housing Empowerment Initiative
2024
$50K
Charitable purposes
2023
$25K
PROGRAM/OPERATING SUPPORT
2023
$15K
the Financial and Housing Community Program
2023
$15K
General & Unrestricted
2023
$151K
PASS THROUGH PAYMENTS
2022
$27K
FOR GENERAL SUPPORT.
2022
$25K
PROGRAM/OPERATING SUPPORT
2022
$15K
the Empowerment Resource Academy Capacity Building Program
2022
$15K
ERA EVICTION & HOMEOWNERSHIP CAPACITY BUILDING PROGRAM
2022
$160K
Charitable purposes
2021
$20K
PROGRAM SUPPORT
2021
$10K
EMPOWERMENT RESOURCE ACADEMY EDUCATION & COUNSELING PROGRAM
2021
$20K
SUPPORT FOR CONSTITUENTS
2020
$15K
PROGRAM SUPPORT
2020
$10K
EMPOWERMENT RESOURCE ACADEMY
2020
$10K
BNT COVID- 19 RESPONSE
2020
$10K
HOUSING COUNSELING SERVICES
2020
$10K
HOUSING COUNSELING SERVICES
2020
$100
GENERAL OPERATING SUPPORT
2020
$5K
EMPOWERMENT RESOURCE ACADEMY
2019
$225K
NEIGHBORHOOD ASSISTANCE ACT GRANT
2018
$200K
IN SUPPORT OF NEIGHBORHOOD REVITALIZATION
2018
$15K
PROGRAM/OPERATING SUPPORT
2018
$3K
EMPOWERMENT RESOURCE ACADEMY
2018
$8K
RESIDENT EMPOWERMENT&ENGAGEMENT, FORECLOSURE PREVENTION PROGRAM.
2017

Funded by

$2.0M from 16 funders · 42 grants · 2017–2024

National Community Reinvestment

$464K · 5 grants · 2020–2024

Citi Foundation

$400K · 1 grant · 2024

Capital For Change Inc

$225K · 1 grant · 2018

The Tudor Foundation Inc

$210K · 2 grants · 2021–2023

Jpmorgan Chase Foundation

$200K · 2 grants · 2018–2020

Local Initiatives Support Corporation

$157K · 3 grants · 2020–2024

The Bank of America Charitable Foundation Inc

$121K · 8 grants · 2018–2023

Elizabeth and Joseph Massoud Family

$53K · 5 grants · 2020–2024

Details

EIN222809353
NTEE codeL120
Subsection03
Ruling date1987-06
Formed1986
Employees9
Volunteers10
BRIDGEPORT NEIGHBORHOOD TRUST INC — Mission, Financials & Grants Received | Grantivo