Public Charity

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

BGC-II NONPROFIT HOUSING CORPORATION C/O ALTMAN MANAGEMENT COMPANY is a nonprofit organization categorized as Public Charity based in OKEMOS, MI. Its most recent IRS filing (2024) reports revenue of $2.7M, expenses of $2.4M, total assets of $16.7M. Imperigo tracks 1 reported grant relationships connected to this organization totaling approximately $234K.

EIN: 383080448 OKEMOS, MI Housing Development, Construction & Management NTEE: L20 Latest filing: 2024
Total Revenue$2.7M
Total Expenses$2.4M
Total Assets$16.7M
Grant Records1
Funding Total$234K
Filing Years2020–2024

Mission

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

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

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

$76 Programs the work itself
$24 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 $76 for programs

$72
Bgc-ii provides 214 rental units to persons of low to moderate income
94% of program spending · Reported in the filing: 214 units
$4
Income from this project and mshda funds benefit activities of the boys and girls club of lansing and midland area homes to the extent that those activities are…
6% 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.

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

Unspecified
$233,616 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $2.7M $2.4M $16.7M
2023 $2.6M $2.3M $16.5M
2022 $2.5M $2.2M $16.6M
2021 $2.0M $2.3M $16.5M
2020 $4.2M $1.8M $17.0M

Between 2020 and 2024, reported annual revenue declined from $4.2M to $2.7M (-36%), with total assets most recently reported at $16.7M.

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

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

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