Public Charity

BGC-I NONPROFIT HOUSING CORPORATION C/O ALTMAN MANAGEMENT COMPANY

BGC-I NONPROFIT HOUSING CORPORATION C/O ALTMAN MANAGEMENT COMPANY is a Public Charity headquartered in OKEMOS, MI. Financial data from the 2024 filing: $1.8M revenue, $1.7M expenses, $4.4M total assets. IRS filings disclose 8 grants awarded by this foundation, totaling roughly $2.3M.

EIN: 383080446 OKEMOS, MI Housing Development, Construction & Management NTEE: L20 Latest filing: 2024
Total Revenue$1.8M
Total Expenses$1.7M
Total Assets$4.4M
Grants Given8
Grant Total$2.3M
Filing Years2020–2024

Mission

TO PROVIDE AND PRESERVE HOUSING FACILITIES FOR PERSONS AND FAMILIES OF LOW INCOME AND TO PROVIDE FOR THEIR SOCIAL AND VARIOUS OTHER NEEDS.

Where $100 goes at Bgc-I Nonprofit Housing Corporation C/O Altman Management Company

How Bgc-I Nonprofit Housing Corporation C/O Altman Management Company divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$74 Programs the work itself
$26 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $74 for programs

$68
Bgc-I provides 152 rental units to persons of low to moderate income
91% of program spending · Reported in the filing: 152 units
$6
Income from bgc-I will be used to benefit activities of the boys and girls club of lansing to the extent that those activities are consistent with the exempt…
9% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Given

LANSING, MI · 2024
TO PROVIDE SUPPORT IN THEIR DAY TO DAY ACTIVITIES.
$91,667
LANSING, MI · 2023
TO PROVIDE SUPPORT IN THEIR DAY TO DAY ACTIVITIES.
$91,667
LANSING, MI · 2022
TO PROVIDE SUPPORT IN THEIR DAY TO DAY ACTIVITIES.
$160,417
LANSING, MI · 2020
TO PROVIDE SUPPORT IN THEIR DAY TO DAY ACTIVITIES.
$137,500
LANSING, MI · 2019
TO PROVIDE SUPPORT IN THEIR DAY TO DAY ACTIVITIES.
$137,500

Showing up to 5 of 8 total records — full history available with membership.

Officers & Directors

BOARD MEMBER Dr John A Sauchak
BOARD MEMBER Kurt Hanus
TREASURER Laurie Schwartz
PRESIDENT Richard Kerbawy

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$2,340,876 7 grants

Financial Trends

Year Revenue Expenses Assets
2024 $1.8M $1.7M $4.4M
2023 $1.7M $1.5M $4.3M
2022 $1.7M $1.6M $4.2M
2021 $1.6M $1.5M $4.2M
2020 $1.5M $1.6M $4.0M

Between 2020 and 2024, reported annual revenue grew from $1.5M to $1.8M (+19%), with total assets most recently reported at $4.4M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in MI.

MI

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for BGC-I NONPROFIT HOUSING CORPORATION C/O ALTMAN MANAGEMENT COMPANY

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