Public Charity

BRIGHT COMMUNITY TRUST INC

BRIGHT COMMUNITY TRUST INC is a Public Charity headquartered in PORT RICHEY, FL. Financial data from the 2025 filing: $551K revenue, $361K expenses, $15.3M total assets. 7 publicly reported grants to this organization, totaling roughly $258K, appear in IRS filings.

EIN: 262352365 PORT RICHEY, FL Latest filing: 2025
Total Revenue$551K
Total Expenses$361K
Total Assets$15.3M
Grant Records7
Funding Total$258K
Filing Years2021–2025

Mission

TO UTILIZE LAND TRUSTS AS A VEHICLE TO FACILITATE THE OWNERSHIP AND DEVELOPMENT OF AFFORDABLE HOUSING PROJECTS WITHIN THE STATE OF FLORIDA.

Officers & Directors

AT-LARGE Clive Kofi Hunt
SECRETARY Dr Robert Arnold
DIRECTOR Eddie Pelham
CEO/PRESIDENT Francis Wells
DIRECTOR Irvin Simpson
TREASURER Julie Lawrence

Officer compensation and complete director data available with membership.

Top Grant Purposes

SPECIFIC PROGRAM
$170,000 1 grant
Operating Support
$30,000 1 grant
DAF
$20,000 2 grants
SUBGRANT TO SUPPORT DATA SCIENCE PROJECT
$20,000 1 grant
CAPACITY BUILDING
$15,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $551K $361K $15.3M
2024 $635K $597K $15.6M
2023 $2.1M $1.2M $14.9M
2022 $1.3M $1.7M $16.7M
2021 $2.2M $1.2M $17.0M

Between 2021 and 2025, reported annual revenue declined from $2.2M to $551K (-75%), with total assets most recently reported at $15.3M.

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

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