← BROWARD COUNTY COMMUNITY DEVELOPMENT CORPORATION INC

Form 990 for tax year 2023

Filed by BROWARD COUNTY COMMUNITY DEVELOPMENT CORPORATION INC.

Totals

Total revenue: $4,516,239
Total expenses: $4,264,476
Contributions and grants received: $3,675,336
Grants paid: $0
Program service revenue: $791,872
Investment income: $37,237
Other revenue: $11,794
Total assets, end of year: $9,753,871
Total liabilities, end of year: $4,324,696
Net assets or fund balances, end of year: $5,429,175
Program services expenses (Part IX): $3,887,039
Management and general expenses: $348,900
Fundraising expenses: $28,537
Program service expenses (Part III): $3,887,039

Program services were 91.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

1e · Government grants (contributions)

$3,191,538
1f · All other contributions, gifts and grants

$483,798
2a · Program service revenue: HOUSING PROGRAM

total $791,872 · related or exempt $791,872
3 · Investment income

total $37,237 · excluded $37,237
11a · Other revenue: OTHER INCOME

total $11,794 · related or exempt $11,794
11e · Other revenue, total

$11,794

Functional expenses

Part IX, the statement of functional expenses.

7 · Other salaries and wages

total $1,188,938 · program services $980,647 · management and general $179,754 · fundraising $28,537
10 · Payroll taxes

total $226,703 · program services $186,987 · management and general $39,716
11b · Fees: legal

total $10,814 · program services $8,651 · management and general $2,163
11c · Fees: accounting

total $16,800 · program services $13,857 · management and general $2,943
11g · Fees: other

total $136,487 · program services $95,844 · management and general $40,643
12 · Advertising and promotion

total $17,910 · program services $14,772 · management and general $3,138
13 · Office expenses

total $68,764 · program services $51,404 · management and general $17,360
14 · Information technology

total $46,417 · program services $38,285 · management and general $8,132
17 · Travel

total $44,853 · program services $36,995 · management and general $7,858
20 · Interest

total $81,558 · program services $78,710 · management and general $2,848
22 · Depreciation, depletion and amortization

total $369,507 · program services $365,361 · management and general $4,146
23 · Insurance

total $348,952 · program services $341,028 · management and general $7,924
24a · Other expenses: RENTAL SUBSIDIES

total $1,012,982 · program services $1,012,982
24b · Other expenses: MAINTENANCE AND REPAIRS

total $271,363 · program services $269,927 · management and general $1,436
24c · Other expenses: UTILITIES

total $198,870 · program services $198,027 · management and general $843
24d · Other expenses: IN-KIND GOODS & SERVICES

total $152,587 · program services $125,855 · management and general $26,732
24e · All other expenses

total $70,971 · program services $67,707 · management and general $3,264

Balance sheet

Part X, book values.

1 · Cash, non-interest-bearing

beginning of year $608,841 · end of year $1,368,080
2 · Savings and temporary cash investments

beginning of year $534,267
3 · Pledges and grants receivable

beginning of year $546,851 · end of year $590,047
4 · Accounts receivable

beginning of year $41,233 · end of year $48,852
9 · Prepaid expenses and deferred charges

beginning of year $347,422 · end of year $400,340
10a · Land, buildings and equipment: cost or other basis

$13,000,938
10b · Land, buildings and equipment: accumulated depreciation

$5,975,272
10c · Land, buildings and equipment, net

beginning of year $6,633,680 · end of year $7,025,666
14 · Intangible assets

beginning of year $222 · end of year $195
15 · Other assets

beginning of year $71,280 · end of year $320,691
17 · Accounts payable and accrued expenses

beginning of year $206,859 · end of year $222,807
19 · Deferred revenue

beginning of year $58,485 · end of year $61,694
23 · Secured mortgages and notes payable

beginning of year $3,172,738 · end of year $3,665,431
25 · Other liabilities

beginning of year $168,302 · end of year $374,764
27 · Net assets without donor restrictions

beginning of year $5,177,412 · end of year $5,429,175

Mission and programs · 2023

Mission

TO PROVIDE QUALITY, PERMANENT AND AFFORDABLE HOUSING OPPORTUNITIES TO MEET THE NEEDS OF LOWER INCOME OR HOMELESS PEOPLE WITH DISABILITIES, WHO ALSO HAVE A MENTAL ILLNESS. CORE VALUES ARE: STABILITY, DIGNITY AND HOPE.

AFFORDABLE HOUSING PROGRAM: 1. PREVENTS HOMELESSNESS: BHS AFFORDABLE AND SUPPORTIVE HOUSING PREVENTS LOW-INCOME PEOPLE FROM BECOMING HOMELESS. COUPLED WITH COLLABORATION FROM COMMUNITY BEHAVIORAL HEALTH PARTNERS OFFERING AN ARRAY OF SUPPORT SERVICES ENCOURAGES A PERMANENT EXODUS FROM THE STREETS. 2. PROVIDES OPPORTUNITY: BHS AFFORDABLE AND SUPPORTIVE HOUSING PROVIDES LOW-INCOME PEOPLE A SAFE HOME WHERE THEY ARE PROVIDED THE TOOLS FOR SUCCESSFUL, LONG-TERM, INDEPENDENT LIVING, ACHIEVING LONG-TERM SELF SUFFICIENCY. 3. SOCIAL BENEFIT: BHS AFFORDABLE HOUSING FOR YOUNG ADULTS ADDRESSES THE IMMEDIATE NEEDS FOR LONG-TERM STABILITY AND PRODUCTIVE CITIZENS WHICH PRODUCES SIGNIFICANT SOCIAL BENEFITS AND REDUCES SUBSTANTIAL FINANCIAL STRAINS ON OUR COMMUNITIES (TAXPAYERS), SUCH AS INCARCERATION, OVER- UTILIZATION OF EMERGENCY ROOMS AND SUBSTANCE ABUSE. BHS CURRENTLY SERVES 325 CLIENTS; 72 TENANTS WE HOUSE ARE CHILDREN UNDER THE AGE OF 18 OF WHICH 100% ARE NOW RESIDING IN A STABLE ENVIRONMENT; 86% HAVE MAINTAINED STABLY HOUSED THROUGHOUT THE LAST YEAR. IN ADDITION, OVER 75% OF OUR CLIENTS HAVE MAINTAINED AND/OR INCREASED THEIR TOTAL INCOME. MOST IMPORTANTLY, BHS HAS PROVIDED ALMOST 6,000 HOURS OF CLIENT SERVICES, 637 HOURS OF THERAPEUTIC INTERVENTION, 1,412 HOURS OF HOME INSPECTIONS, 1,746 HOURS OF PROPERTY MAINTENANCE, AND 1,286 HOURS OF CLIENT WORK ORDERS. WHILE RESIDING IN BHS' AFFORDABLE HOUSING UNITS, LOW-INCOME OR HOMELESS PEOPLE WITH A DIAGNOSED MENTAL ILLNESS HAVE ACCESS TO A VARIETY OF RESOURCES. THESE WRAP-AROUND SUPPORTIVE SERVICES ENCOURAGE SELF-SUFFICIENCY AND INDEPENDENT LIVING. HOUSING SPECIALISTS AND CASE MANAGEMENT TEAMS CONNECT RESIDENTS TO EMPLOYMENT, VOLUNTEER, EDUCATIONAL AND HEALTHCARE OPPORTUNITIES, WHICH PROMOTE SAFE, PERMANENT AND INDEPENDENT LIVING OPPORTUNITIES. WHILE RESIDING IN BHS' AFFORDABLE HOUSING UNITS, LOW-INCOME OR HOMELESS PEOPLE WITH A DIAGNOSED MENTAL ILLNESS HAVE ACCESS TO A VARIETY OF RESOURCES. THESE WRAP-AROUND SUPPORTIVE SERVICES ENCOURAGE SELF-SUFFICIENCY AND INDEPENDENT LIVING. HOUSING SPECIALISTS AND CASE MANAGEMENT TEAMS CONNECT RESIDENTS TO EMPLOYMENT, VOLUNTEER, EDUCATIONAL AND HEALTHCARE OPPORTUNITIES, WHICH PROMOTE SAFE, PERMANENT AND INDEPENDENT LIVING OPPORTUNITIES.

Revenue $791,872
Expenses $3,887,039

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

Lisa A VecchiLISA A VECCHI

EXECUTIVE DI

Total calculated

$164,448

From this org

$164,448

From related orgs

$0

Other

$0

Hours/week

60

Schedule J breakdown matched by us

Base

$164,448

Bonus

not reported

Other

not reported

Deferred

not reported

Nontaxable benefits

not reported

Filer's total

$164,448
Thomas BluthTHOMAS BLUTH

TREASURER

Total calculated

$0
Tara DTARA D

BOARD MEMBER

Total calculated

$0
Marc EskoMARC ESKO

BOARD MEMBER

Total calculated

$0
Angelina GonzalezANGELINA GONZALEZ

BOARD MEMBER

Total calculated

$0
Steven HoltzSTEVEN HOLTZ

BOARD MEMBER

Total calculated

$0
Felisa Del KlerFELISA DEL KLER

BOARD MEMBER

Total calculated

$0
Alan MethelisALAN METHELIS

BOARD MEMBER

Total calculated

$0
Alison MiranskyALISON MIRANSKY

BOARD MEMBER

Total calculated

$0
Chris MurphyCHRIS MURPHY

BOARD MEMBER

Total calculated

$0
Lloyd PlummerLLOYD PLUMMER

BOARD MEMBER

Total calculated

$0
Jordan SimlerJORDAN SIMLER

BOARD MEMBER

Total calculated

$0
Cecilia StaggCECILIA STAGG

BOARD MEMBER

Total calculated

$0
Rocco TricaricoROCCO TRICARICO

EXECUTIVE DI

Total calculated

$0

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

4a · Severance or change-of-control payment
4b · Supplemental nonqualified retirement plan
4c · Equity-based compensation arrangement
5a · Pay contingent on this organization's revenues
5b · Pay contingent on a related organization's revenues
6a · Pay contingent on this organization's net earnings
6b · Pay contingent on a related organization's net earnings
7 · Other non-fixed payments
8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type: form_990
Tax year: 2023
Filed: 12 November 2024
IRS schema version: 2023v5.0
Source object: 202433479349301308

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