From public IRS filings
BESSEMER REDEVELOPMENT CORP
BESSEMER, AL · Community Improvement
Mission
WE LEAD THE TRANSFORMATION OF NEIGHBORHOODS IN BESSEMER, ALABAMA, THROUGH COMMUNITY-FIRST DEVELOPMENT, INCLUDING BUILDING OR RENOVATING A QUALITY AFFORDABLE HOUSING PRODUCT, CREATING BUILDINGS OR SITES THAT BECOME COMMUNITY ASSETS, CREATING QUALITY PUBLIC SPACES, AND A SAFER ENVIRONMENT FOR EVERYONE (SIDEWALKS, STREETLIGHTS).
Financials (IRS Form 990)
Total revenue
$889K
Total expenses
$951K
Total assets
$2.6M
Program expense ratio
92%
Source: IRS Form 990, tax year 2024.
Who funds BESSEMER REDEVELOPMENT CORP
$1.6M in foundation grants on record from 11 funders — matched from IRS 990 grant line items. Some matches may be approximate.
| Funder | Total given | Grants |
|---|---|---|
| Housing Affordability Trust | $538K | 3 |
| Mike and Gillian Goodrich Foundation | $275K | 3 |
| Campbell Estelle S Char Foundation | $215K | 3 |
| Navigate Affordable Housing Partners | $200K | 2 |
| Regions Foundation | $150K | 1 |
| Hugh Kaul Foundation | $100K | 1 |
| Alabama Power Foundation | $75K | 2 |
| Protective Life Foundation | $25K | 1 |
| Truist Foundation | $20K | 1 |
| Better Place Foundation | $18K | 1 |
Leadership
BRIAN GIATTINA — PRESIDENT (Principal officer)
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