2024-11-14T12:24:32-06:00 2023-12-31 521392008 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE SUITE 800N BETHESDA MD 208142930 990 2023-01-01 474694291 BUILDING BRIDGES DEVELOPMENT CORPORATION BUIL 2028895901 1901 MISSISSIPPI AVE SE WASHINGTON DC 20020 WILLIAM T MCMAHON PRESIDENT 2028895901 2024-11-14 1 0 ELIZABETH W HELLER P00397829 3019519090 2023 2024-10-15 13:58:12Z RAHSAAN BERNARD 1901 MISSISSIPPI AVE SE WASHINGTON DC 20020 9418968 0 X N/A X 2015 DC SEE PART III, LINE 1. 2 1 0 1 0 0 500000 9418938 0 0 4 30 0 0 500004 9418968 0 0 0 0 0 0 0 0 0 1401814 738275 1401814 738275 -901810 8680693 26808289 25977572 31450130 21938720 -4641841 4038852 BUILDING BRIDGES DEVELOPMENT CORPORATION (BBDC) WAS ORGANIZED TO OPERATE EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES BY CONDUCTING OR SUPPORTING ACTIVITIES OF BUILDING BRIDGES ACROSS THE RIVER (BBAR), A SECTION 501(C)3 ORGANIZATION. 0 0 738275 BUILDING BRIDGES DEVELOPMENT CORPORATION SERVICED THE NEW MARKET TAX CREDITS AND CONSTRUCTION LOANS. THEREFORE, HELPING TO SUPPORT THE ACTIVITIES OF BUILDING BRIDGES ACROSS THE RIVER. 738275 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 2 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 MD VA X JULIE DURIGA 2028895901 1901 MISSISSIPPI AVE SE WASHINGTON DC 20020 WILLIAM T SKIP MCMAHON CO-FOUNDER 2.00 2.00 X X 0 39448 0 JEFFERY P CAPRON BOARD MEMBER 2.00 2.00 X X 0 0 0 SCOTT KRATZ DIRECTOR OF 11TH ST BRIDGE 1.00 40.00 X 0 172494 19380 RAHSAAN BERNARD PRESIDENT AND CEO 1.00 40.00 X 0 321549 45100 0 533491 64480 0 0 1 0 0 9418938 9418938 30 30 9418968 0 0 30 46730 46730 7616 7616 683929 683929 738275 738275 0 0 146817 2393 2423 30576491 4601342 26659079 25975149 26808289 25977572 31450000 21938720 130 0 31450130 21938720 X -4641841 4038852 -4641841 4038852 26808289 25977572 8680693 0 X 0 0 0 X X X 1 BUILDING BRIDGES ACROSS THE RIVER 522013526 7 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 30576491 4601342 25975149 25975149 0 0 0 0 0 0 0 0 0 RAHSAAN BERNARD PRESIDENT AND CEO 0 295469 0 26080 0 0 0 10927 0 34173 0 366649 0 0 SCOTT KRATZ DIRECTOR OF 11TH ST BRIDGE 0 157494 0 15000 0 0 0 7298 0 12082 0 191874 0 0 PART I, LINE 3 BUILDING BRIDGES DC RELIES ON A RELATED ORGANIZATION, BUILDING BRIDGES, TO DETERMINE COMPENSATION OF OFFICERS. BBAR USES THE FOLLOWING METHODS TO ESTABLISH COMPENSATION OF THE PRESIDENT: - COMPENSATION COMMITTEE - APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE PART IV, LINE 12B AS OF THE DATE OF THIS FILING, THE ORGANIZATION'S AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2023, WERE BEING PREPARED. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS PREPARED BY THE OUTSIDE ACCOUNTANTS AND REVIEWED BY THE BOARD BEFORE IT WAS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C UNLESS SPECIFICALLY AUTHORIZED BY THE BOARD OF DIRECTORS, BUILDING BRIDGES ACROSS THE RIVER, INC. AND ITS SUBSIDIARIES AND AFFILIATES WILL NOT DO BUSINESS WITH ANY FIRM OR ENTITY OWNED OR CONTROLLED BY ANY MEMBER OF THE BOARD OF DIRECTORS OR ANY OFFICER OR ANY MEMBER OF THE IMMEDIATE FAMILY OF ANY DIRECTOR OR OFFICER, OR ANY FIRM OR ENTITY, IN WHICH ANY SUCH PERSON HAS A SUBSTANTIAL FINANCIAL INTEREST. EACH DIRECTOR AND OFFICER PROMPTLY NOTIFIES THE CHAIRPERSON OF THE BOARD UPON BECOMING AWARE THAT THE AGENCY DOES BUSINESS, OR IS CONSIDERING DOING BUSINESS WITH A FIRM OR BUSINESS IN WHICH A DIRECTOR OR OFFICER HAS A SIGNIFICANT INTEREST. ALL CONTRACTS OR PURCHASES OF MORE THAN $5,000 ARE DISCLOSED TO THE BOARD AT THE END OF THE YEAR WHEN THE BOARD SIGNS THEIR CONFLICT OF INTEREST POLICIES. BOARD MEMBERS AND OFFICERS DISCLOSE ANY SIGNIFICANT INTEREST IN ANY FIRM OR BUSINESS WITH WHICH THE AGENCY IS CONSIDERING DOING BUSINESS. THE MEMBER OR MEMBERS WITH THE CONFLICT OF INTEREST MUST ABSTAIN FROM VOTING ON THIS CONTRACT. FORM 990, PART VI, SECTION B, LINE 15 BUILDING BRIDGES DC RELIES ON THE RELATED ORGANIZATION (BUILDING BRIDGES) TO DETERMINE THE COMPENSATION OF OFFICERS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. BUILDING BRIDGES ACROSS THE RIVER INC 1901 MISSISSIPPI AVENUE SE WASHINGTON DC 20020 522013526 IMPROVE THE QUALITY OF LIFE FOR CHILDREN & ADULTS EAST OF ANACOSTIA RIVER DC 501(C)(3) LINE 7 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0