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. 27 publicly reported grants to this organization, totaling roughly $1.0M, appear in IRS filings.

EIN: 113250772 BROOKLYN, NY Community & Neighborhood Development NTEE: S20 Latest filing: 2024
Total Revenue$3.3M
Total Expenses$3.6M
Total Assets$2.1M
Grant Records27
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.

Sample Grants Received

$90,000
THE CENTER FOR NEW YORK CITY NEIGHBORHOODS INC
2024
HOUSING & LEGAL COUNSELING
$40,000
UNITED WAY OF NEW YORK CITY
2024
EMERGENCY ASSISTANCE AND COMMUNITY NEEDS FUND (EACN)-DESIGNED TO MEET EMERGENCY SITUATIONS THAT ARISE IN NEW YORK CITY AND ALLOWS UWNYC TO PROVIDE GRANTS TO ORGANIZATIONS AT THE COMMUNITY LEVEL TO ENSURE THAT THEY HAVE THE RESOURCES THEY NEED TO SERVE THEIR CLIENTS AND COMMUNITIES RAPIDLY AND EFFECTIVELY.
$15,000
$45,000
$45,000

Showing up to 5 of 27 total records — full history available with membership.

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 $2.8M
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.

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