2026-04-15T08:37:58-05:00 2024-12-31 410746749 CLIFTONLARSONALLEN 29 SOUTH MAIN STREET 4TH FLOOR WEST HARTFORD CT 06107 990 2024-01-01 222809353 BRIDGEPORT NEIGHBORHOOD TRUST BRID 2032904255 570 STATE STREET BRIDGEPORT CT 06604 DORIS LATORRE CHIEF EXECUTIVE OFFICER 2032904255 2026-04-09 1 1 ALEXANDRA SPIELVOGEL P02040631 8605614000 2026-04-09 2024 2025-03-06 01:10:19Z BUILDING NEIGHBORHOODS TOGETHER DORIS LATORRE 570 STATE STREET BRIDGEPORT CT 06604 1892056 0 X BNTWEB.ORG X 1986 CT FOUNDED IN 1986, BUILDING NEIGHBORHOODS TOGETHER'S (BNT) MISSION IS TO END HOUSING INSECURITY, INCOME INEQUALITY AND HOMELESSNESS BY CREATING SAFE, AFFORDABLE HOUSING, AND PROVIDING COMPREHENSIVE HOUSING AND FINANCIAL COUNSELING SERVICES TO LOW- AND MODERATE-INCOME FAMILIES ACROSS CONNECTICUT. 10 10 12 10 0 0 1438394 1493335 1029761 288455 2058757 253 135341 83261 4662253 1865304 0 0 0 0 1088514 998118 0 0 0 2864062 727411 3952576 1725529 709677 139775 4841236 3054229 1470829 729621 3370407 2324608 X FOUNDED IN 1986, BUILDING NEIGHBORHOODS TOGETHER'S (BNT) MISSION IS TO END HOUSING INSECURITY, INCOME INEQUALITY, AND HOMELESSNESS BY CREATING SAFE, AFFORDABLE HOUSING, AND PROVIDING COMPREHENSIVE HOUSING AND FINANCIAL COUNSELING SERVICES TO LOW- AND MODERATE-INCOME FAMILIES ACROSS CONNECTICUT. 0 0 189006 83874 PROPERTY MANAGEMENT - REPRESENTS ALL MANAGEMENT ACTIVITIES FOR OPERATING PROPERTIES. BNT IS THE SINGLE MEMBER OF 6 LIMITED LIABILITY COMPANIES ORGANIZED TO ACQUIRE, DEVELOP AND OPERATE AFFORDABLE HOUSING IN BRIDGEPORT, CONNECTICUT. 126787 HOUSING DEVELOPMENT - FOCUSES ON THE BUILDING AND RENOVATION OF QUALITY AFFORDABLE HOMES AND APARTMENTS THAT PROVIDE NEW HOUSING OPPORTUNIES FOR FAMILIES WITH LOW-AND MODERATE-INCOME LEVELS THROUGHOUT THE STATE OF CONNECTICUT. 542955 204581 EMPOWERMENT RESOURCE ACADEMY ('ERA") - PROVIDES EDUCATION 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 THROUGHOUT THE STATE OF CONNECTICUT. 858748 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 23 0 1 12 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 CT X X DORIS LATORRE 2032904255 570 STATE STREET BRIDGEPORT CT 06604 TERENCE FLOYD BOARD PRESIDENT 2.00 X X 0 0 0 JENITA HAYES BOARD TREASURER 2.00 X X 0 0 0 CAROL J HELLER BOARD SECRETARY (UNTIL 10/24) 2.00 X X 0 0 0 CHARLES G BRELAND BOD MEMBER 2.00 X 0 0 0 KEVIN MOORE BOD MEMBER 2.00 X 0 0 0 DAVID REYES BOD MEMBER 2.00 X 0 0 0 REGINA VERMONT BOD MEMBER 2.00 X 0 0 0 CYNTHIA LUCERO BOD MEMBER 2.00 X 0 0 0 KIRINA GAIR MCMICHAEL BOD MEMBER 2.00 X 0 0 0 CHIP PARRISH BOARD PRESIDENT (UNTIL 03/24) 2.00 X X 0 0 0 DORIS LATORRE CEO 40.00 X 175050 0 46146 175050 0 46146 1 0 1 0 0 108052 239610 1145673 1493335 HOMEOWNERSHIP 624229 204581 204581 RENTAL INCOME 624229 83874 83874 288455 253 253 20070 108052 26752 -6682 -6682 OTHER REVENUE 900099 89943 89943 89943 1865304 288455 0 83514 217572 53529 164043 564982 424717 140265 21230 14022 7208 124258 124258 70076 34991 35085 15628 15614 14 11747 1216 10531 189357 189357 88388 35044 53344 52903 28962 23941 35206 22212 12994 19515 13534 5981 16021 4199 11822 31091 31091 83285 10879 72406 REAL ESTATE TAXES 168738 168738 REPAIRS & MAINTENANCE 15532 15532 1725529 858748 866781 0 1422054 1173606 38918 144188 217424 27992 589849 249701 548840 340148 100 2613900 1368295 4841236 3054229 629447 254404 377409 205177 463973 270040 1470829 729621 X 3006463 2274608 363944 50000 3370407 2324608 4841236 3054229 X 139775 815736 -2001310 X 0 1 X 1 0 X 1877783 3122494 2050514 1438394 1493335 9982520 1877783 3122494 2050514 1438394 1493335 9982520 1333652 8648868 2419 317 4458 595 253 8042 110013 110013 10100575 9466352 0.85630 0.86710 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: GROSS INCOME FROM FUNDRAISING - 2024 AMOUNT: $ 20,070. OTHER INCOME - 2024 AMOUNT: $ 89,943. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 458343 119443 338900 131506 130258 1248 340148 DEVELOPMENT PROPERTIES 771814 PROPERTIES HELD FOR SALE 326441 RIGHT-OF-USE ASSET 270040 1368295 RIGHT-OF-USE LIABILITY 270040 270040 X PART X, LINE 2: THE ORGANIZATION ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC TOPIC, INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE CONSOLIDATED FINANCIAL STATEMENTS REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE ORGANIZATION HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS AT DECEMBER 31, 2024. GALA 121122 101052 20070 20070 500 2168 91 HOMEWARD BOUND 7000 7000 2384 1246 293 128122 108052 20070 22454 1746 2168 384 26752 -6682 X 0 0 0 0 0 0 0 0 0 DORIS LATORRE CEO 174550 0 500 0 0 0 3381 0 42765 0 221196 0 0 0 FORM 990, PART VI, SECTION A, LINE 1A AN EXECUTIVE COMMITTEE OF NOT LESS THAN FOUR (4) MEMBERS, CONSISTING OF AT LEAST THE PRESIDENT, VICE PRESIDENT, SECRETARY, AND TREASURER. THE EXECUTIVE COMMITTEE MAY EXERCISE SUCH POWERS THAT ARE DELEGATED BY THE BOARD OF DIRECTORS BY RESOLUTION AND IN COMPLIANCE WITH THE CERTIFICATE OF INCORPORATION AND THE BYLAWS OF THE CORPORATION. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED AND APPROVED BY BNT MANAGEMENT AND THE EXECUTIVE STAFF. THE BOARD RECEIVE A COPY OF THE FORM 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS, DIRECTORS, AND KEY EMPLOYEES ARE REQUIRED TO ANNUALLY DISCLOSE INTERESTS THAT COULD GIVE RISE TO CONFLICT. THE BOARD OF DIRECTORS SHALL INVESTIGATE ANY POTENTIAL CONFLICTS OF INTEREST. AN INTERESTED PERSON TO WHOM A POTENTIAL CONFLICT OF INTEREST RELATES SHALL NOT ATTEMPT TO INFLUENCE OTHER DIRECTORS REGARDING SUCH MATTER. THE BOARD PRESIDENT MONITORS COMPLIANCE WITH THIS POLICY. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF DIRECTORS DETERMINES THE COMPENSATION OF THE CHIEF EXECUTIVE OFFICER THROUGH AN INDEPENDENT REVIEW PROCESS. ALL DISCUSSIONS, DATA REVIEWED, AND FINAL DECISIONS ARE DOCUMENTED IN THE BOARD MEETING MINUTES AT THE TIME OF DELIBERATION. THE CHIEF EXECUTIVE OFFICER DETERMINES THE COMPENSATION OF OTHER OFFICERS AND KEY EMPLOYEES BASED ON ORGANIZATIONAL RESPONSIBILITIES AND AVAILABLE BUDGET. PROPOSED SALARIES ARE INCORPORATED INTO THE ORGANIZATION'S ANNUAL OPERATING BUDGET. THE FULL BOARD OF DIRECTORS REVIEWS AND APPROVES THE BUDGET, INCLUDING COMPENSATION LEVELS, AS PART OF THE ANNUAL BUDGETING PROCESS. THIS ENSURES BOARD OVERSIGHT AND ALIGNMENT OF COMPENSATION WITH THE ORGANIZATION'S FINANCIAL POLICIES AND CAPACITY. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2024. FORM 990, PART VI, SECTION C, LINE 19 BRIDGEPORT NEIGHBORHOOD TRUST, INC. (BNT) MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. COPIES MAY BE OBTAINED BY SUBMITTING A WRITTEN OR EMAILED REQUEST TO THE ORGANIZATION'S MAIN OFFICE AT 570 STATE STREET, BRIDGEPORT, CT 06604, OR BY EMAILING RECEPTION@BNTWEB.ORG. FORM 990, PART XI, LINE 9: LOSS ON DISPOSAL OF NONCONTROLLING INTERESTES -2,001,310. SEAVIEW VENTURE LLC 570 STATE STREET BRIDGEPORT CT 06604 300961915 REAL ESTATE HOLDING CT 78394 656937 COLUMBIA COURT LLC 570 STATE STREET BRIDGEPORT CT 06604 461473395 REAL ESTATE HOLDING CT 561178 THIRTY-FIVE COLUMBIA COURT LLC 570 STATE STREET BRIDGEPORT CT 06604 464253048 REAL ESTATE HOLDING CT 135528 COLUMBIA COURT PHASE II LLC 570 STATE STREET BRIDGEPORT CT 06604 301325188 REAL ESTATE HOLDING CT 232236 SOUTH END COMMUNITY INTIATIVE PHASE III LLC 570 STATE STREET BRIDGEPORT CT 06604 472882191 REAL ESTATE HOLDING CT 174321 JOHNSON STREET DEVELOPMENT LLC 570 STATE STREET BRIDGEPORT CT 06604 222809353 REAL ESTATE HOLDING CT 106246