Bridge Housing Corporation
Bridge Housing Corporation reported $101.8 million in revenue and $47.6 million in expenses for calendar year 2024. Of every $100 it spent, $81.09 went to program services, $17.96 to management and general costs and $0.95 to fundraising. Its largest source of revenue was contributions and grants: 53.7% of the total. Government grants made up 14.5%. The highest compensation it reported for one person was $1,112,594 (PRESIDENT/CEO). 65 people received more than $100,000 in reportable compensation. Revenue rose 113% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $48MFor context, the median across 933 covered housing & shelter charities: $89.27 programs, $10.73 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $102MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 81.1% | 87.5% |
| Management & general Part IX 25(C) ÷ 25(A) | 18.0% | 10.5% |
| Fundraising Part IX 25(D) ÷ 25(A) | 1.0% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.01 | $0.01 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 53.7% | 17.0% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 14.5% | 1.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 43.3% | 66.2% |
| Highest reported compensation Part VII-A, columns D–F | $1,112,594 | $300,863 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 2.34% | 1.57% |
| People paid over $100,000 Part VII, line 2 | 65 | 5 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 47.4 | 10.0 |
| Independent voting board members Part VI 1a–1b | 15 of 17 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseBridge Housing Corporation ("bridge") creates high-quality, affordable homes for working families and seniors. Having participated in the development of over 23,000 homes and with over 8,000 units currently in progress, bridge is among the largest affordable housing developers. Bridge builds a range of housing types that not only fit comfortably into their surroundings but also act as a catalyst for revitalizing and strengthening neighborhoods
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT/CEO Director/trustee, officer, 39.00 hrs/week | $1,067,527 | $0 | $45,067 | $1,112,594 |
| EVP/CFO Officer, 39.00 hrs/week | $429,032 | $0 | $120,262 | $549,294 |
| CHIEF REAL ESTATE OFFICER Officer, 39.00 hrs/week | $452,551 | $0 | $53,138 | $505,689 |
| EVP/CIO Officer, 39.00 hrs/week | $387,481 | $0 | $113,550 | $501,031 |
| SVP GENERAL COUNSEL/SECRETARY Officer, 39.00 hrs/week | $405,549 | $0 | $93,649 | $499,198 |
| EVP DEVELOPMENT Officer, 40.00 hrs/week | $410,204 | $0 | $87,530 | $497,734 |
| SVP ASSET MGMT & PORTFOLIO Highest compensated employee, 40.00 hrs/week | $346,950 | $0 | $37,612 | $384,562 |
| VP FINANCE & ACCOUNTING Highest compensated employee, 40.00 hrs/week | $290,900 | $0 | $71,994 | $362,894 |
65 people received more than $100,000 in reportable compensation from Bridge Housing Corporation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $3.7M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b17 · 15 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18Yes
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 5257
- Volunteers Part I, line 615
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| SYNCOPATED STRATEGIES LLC Development consulting | $100,223 |
Individuals listed as contractors are left out. 1 contractors were paid more than $100,000 in all.
Correct a figure or respond
Every number above is copied from Bridge Housing Corporation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Bridge Housing Corporation, you can publish a response that is linked from this page.
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Of every $100 Bridge Housing Corporation spent in 2024, $81.09 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Texas State Affordable Housing CorporationAustin, TX · revenue $101M · programs 99.1% · FY2025
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- National Campus and Community Development CorporationAustin, TX · revenue $96M · programs 99.7% · FY2025
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- Community Housing Partners CorporationChristiansburg, VA · revenue $96M · programs 84.3% · 2025
All housing & shelter charities · Largest charities in California
Questions people ask
How much of Bridge Housing Corporation's spending goes to programs?
In calendar year 2024, Bridge Housing Corporation reported that 81.1% of its $47.6 million in expenses went to program services, 18.0% to management and general and 1.0% to fundraising (Form 990, Part IX).
How much does Bridge Housing Corporation pay its top executive?
The largest total compensation Bridge Housing Corporation reported for one person in calendar year 2024 was $1,112,594, for the role of PRESIDENT/CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Bridge Housing Corporation get its money?
Of $101.8 million in revenue in calendar year 2024, 53.7% came from contributions and grants (including 14.5% from government grants) and 43.3% from program service revenue (Form 990, Part VIII).
Is Bridge Housing Corporation a registered charity?
The IRS lists EIN 94-2827909 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202543199349300219 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202423199349300312 · read the filing
- 2022: Form 990 for calendar year 2022, object 202323149349301932 · read the filing
- 2021: Form 990 for calendar year 2021, object 202203199349308580 · read the filing
- 2020: Form 990 for calendar year 2020, object 202143179349300534 · read the filing
- 2019: Form 990 for calendar year 2019, object 202013199349301146 · read the filing
All filings for EIN 94-2827909: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.