Public Charity

BRIDGE STREET DEVELOPMENT CORPORATION

BRIDGE STREET DEVELOPMENT CORPORATION is a Public Charity headquartered in BROOKLYN, NY. Financial data from the 2024 filing: $3.3M revenue, $3.6M expenses, $2.1M total assets. 26 publicly reported grants to this organization, totaling roughly $1.0M, appear in IRS filings.

EIN: 113250772 BROOKLYN, NY Latest filing: 2024
Total Revenue$3.3M
Total Expenses$3.6M
Total Assets$2.1M
Grant Records26
Funding Total$1.0M
Filing Years2019–2024

Mission

BRIDGE STREET DEVELOPMENT CORPORATION'S MISSION IS THREEFOLD: (1)DEVELOPING AND UPGRADING HOUSING IN LOW AND MODERATE INCOME FAMILIES IN THE BEDFORD-STUYVESANT AREA; (2) ENCOURAGING THE FORMATION OF BUSINESSES IN, AND RECRUITING PROSPECTIVE AND EXISTING BUSINESSES TO, BEDFORD-STUYVESANT; 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.

Officers & Directors

TREASURER Abitzel Robinson-Hobson
MEMBER Bonny O Williams
MEMBER Drexel Harris
CHAIRMAN Edward Odom Jr
MEMBER Fitzgerald Miller
PRESIDENT AND CEO Gregory Anderson

Officer compensation and complete director data available with membership.

Top Grant Purposes

SEE PART IV
$342,500 4 grants
GENERAL SUPPORT
$240,945 4 grants
DAF
$90,000 2 grants
HOUSING & LEGAL COUNSELING
$85,000 3 grants
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.
$50,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $3.3M $3.6M $2.1M
2023 $4.5M $4.6M $2.9M
2022 $2.8M $2.6M $2.2M
2020 $1.4M $1.5M $2.1M
2019 $1.6M $1.5M $2.1M

Between 2019 and 2024, reported annual revenue grew from $1.6M to $3.3M (+112%), with total assets most recently reported at $2.1M.

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

See the full picture for BRIDGE STREET DEVELOPMENT CORPORATION

Complete financials, all 26 grant records, officer compensation, year-over-year trend charts, a geographic grant map, and data exports — across 498,000+ organizations.

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