Public Charity

BRIDGES DEVELOPMENT INC

Based in BUFFALO, NY, BRIDGES DEVELOPMENT INC operates as a Public Charity. The organization reported $6.6M in revenue, $415K in expenses, $16.0M in total assets for fiscal year 2024.

EIN: 264085157 BUFFALO, NY Low-Income & Subsidized Rental Housing NTEE: L21 Latest filing: 2024
Total Revenue$6.6M
Total Expenses$415K
Total Assets$16.0M
Grant Records0
Filing Years2019–2024

Mission

TO PROVIDE CLEAN, SAFE, AND AFFORDABLE HOUSING IN THE CITY OF BUFFALO

Where $100 goes at Bridges Development Inc

How Bridges Development Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$81 Programs the work itself
$19 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 $81 for programs

$81
Planning, coordinating, organizing, developing, managing, maintaining, owning, redoveloping, and operating housing developments in conjuction with Buffalo municipal housing authority
All 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

VICE CHAIRMAN Charles Pressley
DIRECTOR Darren Saxon
DIRECTOR David Rodriguez
DIRECTOR David State
DIRECTOR Emily Robinson
PRESIDENT Nadine Marrero

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $6.6M $415K $16.0M
2023 $687K $1.3M $9.9M
2022 $150K $224K $10.3M
2020 $125K $148K $10.2M
2019 $731K $175K $9.9M

Between 2019 and 2024, reported annual revenue grew from $731K to $6.6M (+804%), with total assets most recently reported at $16.0M.

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

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