Bessemer Redevelopment Corp

Community development organization based in Bessemer, AL. 2 employees. Exempt under §501(c)(3).

MissionWE BELIEVE THAT BESSSEMER, ALABAMA COMMUNITIES AND NEIGHBORHOODS CAN HAVE A QUALITY OF LIFE THAT MAKES IT DESERVING OF THE NAME MARVEL CITY. BESSEMER REDEVELOPMENT CORPORATION ("THE ORGANIZATION") SEEKS TO DO ITS PART IN MOVING THAT FORWARD THROUGH TARGETED CATALYTIC PROJECTS

Financial snapshot · TY 2024

$889K
Total revenue
$951K
Total expenses
$2.6M
Net assets

Financial health · TY 2024

60
Moderate financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
49
8.9 months of expenses
Program efficiency
100
91.7% spent on programs
Revenue diversity
0
Mix of program fees, grants & contributions

No individual compensation data available.

This organization files with the IRS but does not report individual compensation on Form 990 Part VII.

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Bessemer Redevelopment Corp Executive Compensation | 990 Data | DoubleNine