Mission
TO UTILIZE LAND TRUSTS AS A VEHICLE TO FACILITATE THE OWNERSHIP AND DEVELOPMENT OF AFFORDABLE HOUSING PROJECTS WITHIN THE STATE OF FLORIDA.
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
Single Organization Support
NTEE: L11
Latest filing: 2025
Total Revenue$551K
Total Expenses$361K
Total Assets$15.3M
Grant Records7
Funding Total$258K
Filing Years2021–2025
Where $100 goes at Bright Community Trust Inc
How Bright Community Trust Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
$72
Programs
the work itself
$23
Management
running the organization
$5
Fundraising
raising the next dollar
Inside the $72 for programs
$72
Bright Community Trust's focus is the development of new construction homes for rent or sale to work force and lower income families
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
CAPACITY BUILDING
$15,000
BRIGHT COMMUNITY TRUST WELLNESS GRANT
$2,500
SPECIFIC PROGRAM
$170,000
$10,000
SUBGRANT TO SUPPORT DATA SCIENCE PROJECT
$20,000
Showing up to 5 of 7 total records — full history available with membership.
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
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.