EIN 22-2809353

Bridgeport Neighborhood Trust (BNT)

IRS 501(c) type
501(c)(3)
Num. employees
9
Year formed
1986
Most recent tax filings
2023-12-01
Description
To lead, empower and change Bridgeport neighborhoods, improving quality of life through affordable housing opportunities.
Total revenues
$4,662,253
2023
Total expenses
$3,952,576
2023
Total assets
$4,841,236
2023
Num. employees
9
2023

Program areas at BNT

Property management - represents all management activities for operating properties. Bnt is the single member of 29 limited liability companies organized to acquire, develop and operate affordable housing in Bridgeport, Connecticut.
Empowerment resource academy ("era") - provides education to families to achieve self-sufficiency, build wealth and maintain financial stability. Era provides pre-purchase counseling and education, and foreclosure prevention services. Services include rental counseling and eviction prevention, mobility counseling and resident engagement and empowerment services. During 2023, era continued assisting the state of ct with solicitation, application, processing, and counseling related to resident rent relief programs related to covid19.
Housing development - focuses on the building and renovation of quality affordable homes and apartments that provide new housing opportunities for families with low- and moderate-income levels throughout the state of Connecticut. During 2023, bnt continues to work on two more projects (south end commons and east main street redevelopment).
Social enterprise group - provided goods and services currently not being offered in the community and jobs with ownership potential that will provide economic stability.

Who funds Bridgeport Neighborhood Trust (BNT)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
National Community Reinvestment Coalition (NCRC)Subgrant$147,826
The Tudor FoundationCharitable Purposes$50,000
Fairfield County's Community FoundationFor General Support.$27,000
...and 7 more grants received

Personnel at BNT

NameTitleCompensation
Doris LatorreChief Executive Officer$153,804
Charles GriggsDirector of Administration and Fund Development
Beverly HoppieDirector of Education and Community Engagement
Ana "Elsie" Algarin OFFICEAlgarin Office Manager
Michael GoldsonAssistant Property Manager
...and 13 more key personnel

Financials for BNT

RevenuesFYE 12/2023
Total grants, contributions, etc.$1,438,394
Program services$1,029,761
Investment income and dividends$595
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$2,058,162
Net income from fundraising events$-24,057
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$159,398
Total revenues$4,662,253

Form 990s for BNT

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-15990View PDF
2022-122023-11-15990View PDF
2021-122022-11-15990View PDF
2020-122021-11-15990View PDF
2019-122021-04-05990View PDF
...and 11 more Form 990s

Organizations like BNT

OrganizationLocationRevenue
Rebuilding Together Philadelphia (RTP)Philadelphia, PA$3,111,751
Acts Community Development CorporationMilwaukee, WI$11,716,959
Community Housing Improvement Program (CHIP)Chico, CA$5,417,809
HomeportColumbus, OH$10,798,452
A Tiny Home for GoodSyracuse, NY$1,386,320
Urban Edge Housing CorporationRoxbury, MA$10,937,114
Proud GroundPortland, OR$10,403,303
HomewordMissoula, MT$8,609,814
Rebuilding Together PittsburghPittsburgh, PA$5,314,491
NeighborWorks Northeast NebraskaNorfolk, NE$5,603,055
Data update history
December 27, 2024
Received grants
Identified 2 new grant, including a grant for $50,000 from The Tudor Foundation
September 21, 2024
Received grants
Identified 2 new grant, including a grant for $15,000 from Elizabeth and Joseph Massoud Family Foundation
July 14, 2024
Received grants
Identified 2 new grant, including a grant for $27,000 from Fairfield County's Community Foundation
May 19, 2024
Received grants
Identified 1 new grant, including a grant for $15,000 from TD Charitable Foundation
January 22, 2024
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Housing and shelter organizationsCharities
Issues
Human servicesHousing
Characteristics
LobbyingPartially liquidatedFundraising eventsState / local levelReceives government fundingTax deductible donationsAccepts online donations
General information
Address
570 State St
Bridgeport, CT 06604
Metro area
Bridgeport-Stamford-Norwalk, CT
County
Greater Bridgeport Planning Region, CT
Website URL
bntweb.org/ 
Phone
(203) 290-4255
Facebook page
BridgeportNeighborhoodTrust 
Twitter profile
@bridgeportnt 
IRS details
EIN
22-2809353
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1986
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
L80: Housing Support Services
NAICS code, primary
62422: Community Housing Services
Parent/child status
Independent
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