← BROWARD COUNTY COMMUNITY DEVELOPMENT CORPORATION INC

Form 990 for tax year 2024

Filed by BROWARD COUNTY COMMUNITY DEVELOPMENT CORPORATION INC.

Totals

Total revenue: $5,514,279
Total expenses: $4,799,158
Contributions and grants received: $3,326,288
Grants paid: $0
Program service revenue: $883,351
Investment income: $1,226,791
Other revenue: $77,849
Total assets, end of year: $13,832,213
Total liabilities, end of year: $7,687,918
Net assets or fund balances, end of year: $6,144,295
Program services expenses (Part IX): $4,362,843
Management and general expenses: $406,410
Fundraising expenses: $29,905
Program service expenses (Part III): $4,362,843

Program services were 90.9% 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)

$2,929,441
1f · All other contributions, gifts and grants

$396,847
2a · Program service revenue: HOUSING PROGRAM

total $883,351 · related or exempt $883,351
3 · Investment income

total $56,880 · related or exempt $56,880
7a · Gross sales of assets other than inventory

other assets $1,350,000
7b · Less cost or other basis and sales expenses

other assets $180,089
7c · Gain or loss

other assets $1,169,911
7d · Net gain or loss

total $1,169,911 · related or exempt $1,169,911
11a · Other revenue: OTHER

total $49,616 · related or exempt $49,616
11b · Other revenue: FORGIVENESS OF DEBT

total $28,233 · related or exempt $28,233
11e · Other revenue, total

$77,849

Functional expenses

Part IX, the statement of functional expenses.

7 · Other salaries and wages

total $1,335,237 · program services $1,108,183 · management and general $198,250 · fundraising $28,804
10 · Payroll taxes

total $254,788 · program services $211,462 · management and general $43,326
11b · Fees: legal

total $191,862 · program services $93,905 · management and general $97,957
12 · Advertising and promotion

total $19,787 · program services $16,422 · management and general $3,365
13 · Office expenses

total $165,278 · program services $132,169 · management and general $33,109
14 · Information technology

total $52,172 · program services $43,300 · management and general $8,872
16 · Occupancy

total $272,372 · program services $268,051 · management and general $4,321
19 · Conferences, conventions and meetings

total $46,542 · program services $38,628 · management and general $7,914
20 · Interest

total $118,537 · program services $116,581 · management and general $1,956
22 · Depreciation, depletion and amortization

total $445,609 · program services $445,609
23 · Insurance

total $402,912 · program services $397,243 · management and general $5,669
24a · Other expenses: RENTAL SUBSIDIES

total $1,078,653 · program services $1,078,653
24b · Other expenses: MAINTENANCE & REPAIR

total $270,185 · program services $269,101 · management and general $1,084
24c · Other expenses: TAXES & LICENSES

total $86,579 · program services $86,508 · management and general $71
24d · Other expenses: COMMUNITY SUPPORT

total $25,892 · program services $24,791 · fundraising $1,101
24e · All other expenses

total $32,753 · program services $32,237 · management and general $516

Balance sheet

Part X, book values.

1 · Cash, non-interest-bearing

beginning of year $1,368,080 · end of year $1,363,324
3 · Pledges and grants receivable

beginning of year $590,047 · end of year $584,192
4 · Accounts receivable

beginning of year $48,852
7 · Other notes and loans receivable

end of year $66,016
9 · Prepaid expenses and deferred charges

beginning of year $400,340 · end of year $444,077
10a · Land, buildings and equipment: cost or other basis

$17,281,876
10b · Land, buildings and equipment: accumulated depreciation

$6,294,245
10c · Land, buildings and equipment, net

beginning of year $7,025,666 · end of year $10,987,631
14 · Intangible assets

beginning of year $195
15 · Other assets

beginning of year $320,691 · end of year $386,973
17 · Accounts payable and accrued expenses

beginning of year $222,807 · end of year $296,652
19 · Deferred revenue

beginning of year $61,694 · end of year $41,665
21 · Escrow or custodial account liability

end of year $196,173
25 · Other liabilities

beginning of year $4,040,195 · end of year $7,153,428
27 · Net assets without donor restrictions

beginning of year $5,158,384 · end of year $6,055,340
28 · Net assets with donor restrictions

beginning of year $270,791 · end of year $88,955

Mission and programs · 2024

Mission

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

Activities or mission (Part I)

TO PROVIDE QUALITY, PERMANENT, AFFORDABLE AND INDEPENDENT HOUSING OPPORTUNITIES TO MEET THE NEEDS OF LOWER-INCOME OR HOMELESS PEOPLE WHO ALSO HAVE MENTAL ILLNESS. CORE VALUES ARE: SIGNITY AND HOPE

BROWARD HOUSING SOLUTIONS (BHS) PROVIDED PERMANENT SUPPORTIVE HOUSING TO A TOTAL OF 331 INDIVIDUALS AND FAMILIES. AMONG THESE, 217 WERE IDENTIFIED AS PRIMARY CLIENTS AND 66 WERE CHILDREN AGES 0-17. THROUGH COMPREHENSIVE, WRAPAROUND CASE MANAGEMENT AND THERAPEUTIC INTERVENTION SERVICES, BHS DELIVERED OVER 5,000 HOURS OF SUPPORTIVE HOUSING SERVICES AND MORE THAN 900 HOURS OF THERAPEUTIC INTERVENTIONS. BHS IS PROUD TO REPORT THE FOLLOWING OUTCOMES: . 82% OF CLIENTS RECEIVING RENTAL SUBSIDY ASSISTANCE THROUGH FEDERALLY FUNDED PROGRAMS (SAMARITAN, BROWARD II, AND BROWARD IV) MAINTAINED OR INCREASED THEIR INCOME. . 90% OF YOUTH IN THE YOUTH SOLUTIONS PROGRAM ARE EMPLOYED OR ENROLLED IN SCHOOL FULL-TIME. . 100% OF ADULTS SERVED HAVE BEEN DIAGNOSED WITH A SEVERE AND PERSISTENT MENTAL ILLNESS. . 94% OF CLIENTS MAINTAINED STABLE HOUSING THROUGHOUT THE YEAR. 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. THREE POINTS SUPPORTING THIS APPROACH: 1. PREVENTS HOMELESSNESS: BHS' AFFORDABLE AND SUPPORTIVE HOUSING PREVENTS LOW-INCOME AND MENTALLY ILL 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 PERMANENT AND SUPPORTIVE HOUSING PROVIDES LOW-INCOME PEOPLE A SAFE HOME WHERE THEY ARE GIVEN TOOLS FOR SUCCESSFUL, LONG TERM, INDEPENDENT LIVING, ACHIEVING LONG-TERM SELF-SUFFICIENCY. 3. SOCIAL BENEFIT: BHS' PERMANENT AND AFFORDABLE HOUSING 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.

Expenses $4,362,843 · Revenue $883,351

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

Rocco TricaricoROCCO TRICARICO

CEO/PRESIDEN

Total calculated

$139,008

From this org

$139,008

From related orgs

$0

Other

$0

Hours/week

50

Schedule J breakdown matched by us

Base

$139,008

Bonus

not reported

Other

not reported

Deferred

not reported

Nontaxable benefits

not reported

Filer's total

$139,008
Amanda MaccormackAMANDA MACCORMACK

CHIEF PROGRA

Total calculated

$110,004

From this org

$110,004

From related orgs

$0

Other

$0

Hours/week

50

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: 2024
Filed: 5 December 2025
IRS schema version: 2024v5.0
Source object: 202533539349300703

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