Form 990 for tax year 2022

Filed by BURTEN BELL CARR DEVELOPMENT INC.

Totals

Total revenue: $5,328,896
Total expenses: $4,626,829
Contributions and grants received: $4,213,135
Grants paid: $0
Program service revenue: $1,130,426
Investment income: -$14,665
Other revenue: $0
Total assets, end of year: $23,538,115
Total liabilities, end of year: $17,632,703
Net assets or fund balances, end of year: $5,905,412
Program services expenses (Part IX): $3,729,828
Management and general expenses: $699,067
Fundraising expenses: $197,934
Program service expenses (Part III): $3,729,828

Program services were 80.6% 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)

$1,844,152
1f · All other contributions, gifts and grants

$2,368,983
2a · Program service revenue: PROGRAM FEES

total $583,027 · related or exempt $583,027
2b · Program service revenue: RENTAL REVENUE

total $380,803 · related or exempt $380,803
2c · Program service revenue: MISCELLANEOUS

total $100,596 · related or exempt $100,596
2d · Program service revenue: DEVELOPMENT FEE

total $66,000 · related or exempt $66,000
3 · Investment income

total -$14,665 · related or exempt -$29,369 · excluded $14,704

Functional expenses

Part IX, the statement of functional expenses.

7 · Other salaries and wages

total $1,471,496 · program services $1,304,334 · management and general $115,807 · fundraising $51,355
11c · Fees: accounting

total $1,288,314 · program services $752,891 · management and general $398,604 · fundraising $136,819
11g · Fees: other

total $165,480 · program services $114,083 · management and general $49,281 · fundraising $2,116
12 · Advertising and promotion

total $22,022 · program services $6,915 · management and general $10,355 · fundraising $4,752
13 · Office expenses

total $30,673 · program services $4,749 · management and general $23,032 · fundraising $2,892
16 · Occupancy

total $16,302 · program services $14,869 · management and general $1,433
17 · Travel

total $19,491 · program services $6,828 · management and general $12,663
20 · Interest

total $50,619 · program services $48,118 · management and general $2,501
22 · Depreciation, depletion and amortization

total $245,019 · program services $228,137 · management and general $16,882
23 · Insurance

total $60,537 · program services $53,527 · management and general $7,010
24a · Other expenses: PROGRAM EXPENSES

total $703,495 · program services $664,170 · management and general $39,325
24b · Other expenses: REPAIR AND MAINTENANCE

total $276,665 · program services $272,266 · management and general $4,399
24c · Other expenses: OTHER

total $197,500 · program services $179,725 · management and general $17,775
24d · Other expenses: REAL ESTATE TAXES

total $79,216 · program services $79,216

Balance sheet

Part X, book values.

1 · Cash, non-interest-bearing

beginning of year $338,265 · end of year $1,160,362
2 · Savings and temporary cash investments

beginning of year $617,252
3 · Pledges and grants receivable

beginning of year $1,026,234 · end of year $1,216,776
4 · Accounts receivable

beginning of year $18,325 · end of year $15,610
7 · Other notes and loans receivable

beginning of year $4,125,982 · end of year $3,011,000
9 · Prepaid expenses and deferred charges

beginning of year $49,381 · end of year $23,526
10a · Land, buildings and equipment: cost or other basis

$18,174,315
10b · Land, buildings and equipment: accumulated depreciation

$1,917,361
10c · Land, buildings and equipment, net

beginning of year $16,409,795 · end of year $16,256,954
13 · Investments: program-related

beginning of year $154,034 · end of year $80,664
15 · Other assets

beginning of year $1,195,831 · end of year $1,773,223
17 · Accounts payable and accrued expenses

beginning of year $1,571,417 · end of year $1,914,477
19 · Deferred revenue

beginning of year $23,837 · end of year $71,267
24 · Unsecured notes and loans payable

beginning of year $16,007,025 · end of year $15,646,959
27 · Net assets without donor restrictions

beginning of year $5,665,086 · end of year $5,642,125
28 · Net assets with donor restrictions

beginning of year $667,734 · end of year $263,287

Mission and programs · 2022

Mission

BBC'S MISSION IS TO EMPOWER CITIZENS, AND REVITALIZE BLIGHTED AND UNDERSERVED COMMUNITIES.

CREATED FOR NEIGHBORHOOD PLANNING AND COMMUNITY REVITALIZATION ACTIVITIES IN WARD 5 OF THE CITY OF CLEVELAND. IN 30 YEARS OF EXISTENCE, BBC PRIMARILY FOCUSED ITS EFFORTS ON NEIGHBORHOOD PLANNING AND RESTORING THE RESIDENTIAL FABRIC OF THE COMMUNITY BY FACILITATING A VARIETY OF HOUSING PROJECTS AND SUPPORTIVE SERVICES IN THE CENTRAL COMMUNITY. WE EVOLVED INTO A FULL SERVICE COMMUNITY DEVELOPMENT CORPORATION SERVING THE CENTRAL AND LOWER KINSMAN NEIGHBORHOODS. ADDITIONAL NEIGHBORHOODS THAT WE NOW SUPPORT. BUCKEYE-SHAKER SQUARE AND BUCKEYE-WOODLAND NEIGHBORHOODS.

Expenses $3,676,301
IN 30 YEARS WE HAVE SEEN INDICATORS, SUCH AS LOW FORECLOSURE RATES, PURPOSEFUL RE-USE OF LARGE TRACTS OF DESOLATE LAND AND THE SUCCESSFUL RENTAL OF RETAIL SPACES WITHIN ONCE INFAMOUS CRIME-INFESTED AREAS, DEMONSTRATES OUR EFFECTIVENESS AT CHARTING THE PATH OF NEIGHBORHOOD RECOVERY WITHIN THE MOST CHALLENGED NEIGHBORHOODS OF CLEVELAND. WITH SUCH PROVEN SUCCESS WE ARE POISED TO CULTIVATE A NEW THRIVING NEIGHBORHOOD.
Withheld by Nonprofiteer: this text may name a private individual.
DURING THE 2021 FISCAL YEAR, BBC CONTINUED TO RISE TO THE CHALLENGES ASSOCIATED WITH THE COVID-19 GLOBAL PANDEMIC. THE BOARD AND STAFF REMAIN VIGILANT TO SUPPORT THE RESIDENTS, BUSINESSES, AND COMMUNITY STAKEHOLDERS TO NAVIGATE THESE TUMULTUOUS TIMES. WE WORKED CLOSELY WITH PARTNERS TO LEVERAGE RESOURCES TO PROVIDE OVER 4,000 COMMUNITY RESIDENTS WITH WEEKLY DINNERS, FRESH PRODUCE, AND PERSONAL PROTECTIVE EQUIPMENT. BBC ALSO PROVIDED RESIDENTS WITH RENTAL SUPPORT, GROCERIES FOR HOUSEHOLDS, AND SUPPORT WITH UTILITY BILLS. WE SUPPORTED 19 BUSINESS WITH RENTAL OR MORTGAGE ASSISTANCE AND TECHNICAL ASSISTANCE TO ENSURE THEY REMAIN VIABLE IN OUR COMMUNITY. WE COMPLETED THE FINANCING FOR COLFAX FAMILY HOMES, 36 SINGLE-FAMILY HOMES THAT WILL CREATE LOW- TO MODERATE-INCOME HOUSING OPTIONS IN THE KINSMAN NEIGHBORHOOD. THESE HOMES WILL CHANGE THE LANDSCAPE OF THE STREET AND COMMUNITY AS WE IMPLEMENT OUR NEIGHBORHOOD MASTER PLAN. OTHER KEY PROGRAMS AND SERVICES INCLUDE: "BOXSPOT SMALL BUSINESS VENTURE "HEALTH & WELLNESS EDUCATION FOR YOUTH & ADULTS HOME REPAIR ASSISTANCE "PROGRAMS FOCUSING ON THE ARTS "RETAIL DEVELOPMENT "HOUSING DEVELOPMENT & OCCUPANCY "GREENSPACE DEVELOPMENT AND MAINTENANCE FISCAL AGENT SERVICES TO GRASS ROOTS "GROUPS NEIGHBORHOOD LANDSCAPING INITIATIVE. "INVESTMENT SCHOOL LEAD AGENCY "LAND ASSEMBLY "NEIGHBORHOOD PLANNING "TECHNICAL ASSISTANCE TO BUSINESSES & ENTREPRENEURS "VOLUNTEER INCOME TAX ASSISTANCE PROGRAM.

Expenses $53,527

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here. A text marked withheld matched a screen for wording that may name a private individual, such as an honorific or "in memory of". Most of what it withholds names no one; it is withheld so that what does is never shown.

Listed in Part VII

Joy JohnsonJOY JOHNSON

EXECUTIVE DI

Total calculated

$111,097

From this org

$111,097

From related orgs

$0

Other

$0

Hours/week

40
Mildred CephusMILDRED CEPHUS

BOARD MEMBER

Total calculated

$0

Hours/week

2
Dawn GlascoDAWN GLASCO

BOARD MEMBER

Total calculated

$0

Hours/week

2
Pamela GoodwinPAMELA GOODWIN

BOARD MEMBER

Total calculated

$0

Hours/week

2
Larry JonesLARRY JONES

BOARD PRESID

Total calculated

$0

Hours/week

2
Christopher KingCHRISTOPHER KING

BOARD MEMBER

Total calculated

$0

Hours/week

2
John Anthony OrlandoJOHN ANTHONY ORLANDO

BOARD MEMBER

Total calculated

$0

Hours/week

2
Beverly OwensBEVERLY OWENS

BOARD MEMBER

Total calculated

$0

Hours/week

2
Jamie ParkerJAMIE PARKER

BOARD MEMBER

Total calculated

$0

Hours/week

2
David B RoneyDAVID B RONEY

SECRETARY

Total calculated

$0

Hours/week

2
Michael SchoopMICHAEL SCHOOP

TREASURER

Total calculated

$0

Hours/week

2
Runako StroudRUNAKO STROUD

BOARD MEMBER

Total calculated

$0

Hours/week

2
Bara WattsBARA WATTS

VICE PRESIDE

Total calculated

$0

Hours/week

2

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.

Grants on this return

No itemized grants to organizations on this return.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

BRIDGEPORT PLACE LLC

RENTAL RE · OH

Directly controlled by BURTEN BEL BURTEN BELL CARR DEVELOPMENT
EAST CENTRAL TOWNHOMES

RENTAL RE · OH

Directly controlled by BURTEN BEL BURTEN BELL CARR DEVELOPMENT
EAST CEDAR APARTMENTS

RENTAL RE · OH

Directly controlled by BURTEN BEL BURTEN BELL CARR DEVELOPMENT
ARBOR PARL PLACE LLC

REAL ESTAT · OH

Directly controlled by BURTEN BEL BURTEN BELL CARR DEVELOPMENT
COLFAX FAMILY HOMES LLC

REAL ESTAT · OH

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

BBC LEVERAGE LENDER LLC

RELATED · REAL ESTAT · OH · general or managing partner

Directly controlled by BURTEN BELL CARR DEVELOPMENT
CLEVELAND NEW HOMES LLC

RELATED · REAL ESTAT · OH · general or managing partner

Directly controlled by BURTEN BEL BURTEN BELL CARR DEVELOPMENT

Provenance

Return type: form_990
Tax year: 2022
Filed: 10 April 2024
IRS schema version: 2022v5.0
Source object: 202421369349312542

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.