2025-10-23T10:22:07-05:00 2024-12-31 454084437 WARREN AVERETT LLC 2500 ACTON ROAD BIRMINGHAM AL 35243 990 2024-01-01 851601510 BESSEMER REDEVELOPMENT CORP BESS 2055152500 2625 5TH AVE N BLDG C BESSEMER AL 35020 BRIAN GIATTINA PRESIDENT 2055152500 2025-10-21 1 1 MEGAN RANDOLPH P00989558 2059794100 2025-10-21 2024 2025-03-06 01:10:19Z BRIAN GIATTINA 2625 5TH AVE N BLDG C BESSEMER AL 35020 904211 0 X WWW.BRCAL.ORG X 2020 AL 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). 3 2 2 11 0 0 556940 891500 0 0 40598 -14604 7326 12467 604864 889363 4700 6250 0 0 126739 136857 0 0 8263 171719 807655 303158 950762 301706 -61399 3288982 2605994 2437459 1627617 851523 978377 X WE 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 THAT ARE MULTI-FACETED AND BRING OTHER LIKE-MINDED DEVELOPERS TO THE TABLE. 0 0 676055 6250 95 ACQUISITIONS OF VACANT AND BLIGHTED PROPERTIES FOR REDEVELOPMENT. 49159 RENOVATION OF THE BESSEMER TRAIN DEPOT TO ENHANCE THE COMMUNITY. 147091 COMMUNITY WORKFORCE HOUSING ADDED THREE NEW MODULAR HOMES AVAILABLE FOR SALE IN THE 6TH AVENUE BLOCK OF BESSEMER. 872305 1 1 0 0 0 0 0 0 0 0 1 0 1 0 0 1 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 1 0 0 0 0 1 25 0 1 2 1 0 0 0 0 0 0 0 0 0 0 0 0 X 3 2 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 X BRIAN GIATTINA 2055152500 2625 5TH AVE N BLDG C BESSEMER AL 35020 X BRIAN GIATTINA PRESIDENT 20.00 0.00 X X 0 0 0 MIKE ROGERS DIRECTOR 1.00 0.00 X 0 0 0 ED WELDEN DIRECTOR 1.00 0.00 X 0 0 0 0 0 0 0 0 0 0 EMPYREAN CONSTRUCTION LLC PO BOX 360533 BIRMINGHAM AL 35236 PROPERTY RENOVATION 130900 1 241000 650500 891500 244 244 12372 0 12372 12372 12372 14848 -14848 -14848 -14848 REBATES 900099 95 95 95 889363 95 0 -2232 X 6250 6250 120290 75000 45290 6804 6804 9763 9763 7500 7500 5323 5323 285037 275669 1105 8263 9382 9382 254 254 3979 3979 19933 19485 448 2499 2499 950 950 100187 100187 64455 64455 26138 26138 IMPAIRMENT LOSS 256000 256000 COMMUNITY GARDEN 21199 21199 REPAIRS AND MAINTENANCE 1660 1660 DUES AND SUBSCRIPTIONS 1635 1635 1524 317 1207 950762 872305 70194 8263 756637 411149 454525 424088 975 0 135728 21744 210800 59598 1096481 9488 0 1086993 1729351 601456 966 966 3288982 2605994 388317 78691 454525 0 169804 158138 1424813 1390788 2437459 1627617 X 851523 701215 0 277162 851523 978377 3288982 2605994 -61399 188253 0 X 1 X 0 0 0 X 114002 381565 770238 556940 891500 2714245 114002 381565 770238 556940 891500 2714245 54000 54000 0 54000 54000 2660245 7796 20688 36790 12616 77890 7796 20688 36790 12616 77890 16875 53 95 17023 114002 406236 790926 593783 904211 2809158 0.94700 0.92850 0.02770 0.03430 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 367525 367525 728956 9488 719468 1086993 INVESTMENT IN REAL ESTATE-HELD FOR SALE 601456 C 601456 X PART X, LINE 2: THE ORGANIZATION IS INCORPORATED AS A NON-PROFIT CORPORATION AND IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC). THE ORGANIZATION HAS INCOME TAX MATTERS THAT MAY ARISE FROM ONGOING OPERATIONS FROM TIME TO TIME, AND MANAGEMENT MAKES ACCRUALS FOR THOSE MATTERS WHERE APPROPRIATE. THE ORGANIZATION IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS OR OF ANY TAX POSITIONS TAKEN THAT ARE SUBJECT TO A SIGNIFICANT DEGREE OF UNCERTAINTY. SCHEDULE D, PART VIII: PROGRAM-RELATED INVESTMENTS ARE REPORTED ON THE BALANCE SHEET AND ON SCHEDULE D AT ACQUISITION COST. THESE INVESTMENTS REPRESENT ONGOING RENOVATION AND REDEVELOPMENT PROJECTS CARRIED OUT BY THE ORGANIZATION IN FURTHERANCE OF ITS MISSION. THE ORGANIZATION DOES NOT HAVE ANY INTENTION OF PLACING THESE CAPITAL ASSETS IN SERVICE AT ANY POINT IN TIME. HENCE, NO DEPRECIATION OR AMORTIZATION EXPENSE IS REPORTED ON THE FORM 990, PART IX, STATEMENT OF FUNCTIONAL EXPENSES. 2434 PROPERTIES LLC OWNED BY BRIAN GIATTINA FINANCING X 238198 37045 0 0 0 BLOX HOLDINGS LLC OWNED BY BRIAN GIATTINA FINANCING X 161000 161607 0 0 0 1809 CAROLINA AVENUE LLC OWNED BY BRIAN GIATTINA FINANCING X 2039 1510 0 0 0 BRIAN GIATTINA PRESIDENT FINANCING X 30000 7076 0 0 0 2434 PROPERTIES LLC OWNED BY BRIAN GIATTINA FINANCING X 5641 5641 0 0 0 GA STUDIO OWNED BY BRIAN GIATTINA FINANCING X 1046 1046 0 0 0 BRIAN GIATTINA PRESIDENT INTEREST RECEIVABLE X 3441 3441 0 0 0 217366 SCHEDULE L, PART II: SOME OF THE ACTIVITIES THAT ARE NOW CONDUCTED BY THE ORGANIZATION USED TO BE CARRIED OUT BY SEVERAL ENTITIES RELATED TO THE ORGANIZATION'S CURRENT MANAGEMENT. CONSIDERING THAT REAL ESTATE-RELATED RELATIONSHIPS MAY TAKE SOME TIME TO UNWIND, THE ORGANIZATION IS (AGAIN) REPORTING ITS INVOLVEMENT WITH THESE ENTITIES WITH AN INTENTION TO SIGNIFICANTLY REDUCE OR COMPLETELY TERMINATE THEM IN THE NEAR FUTURE AND TO TRANSFER ALL ACTIVITIES CONDUCTED BY THESE ENTITIES TO THE FILING ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW AND APPROVAL BEFORE IT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S PRESIDENT ENSURES THAT NO CONFLICTS OF INTEREST EXIST THROUGHOUT THE YEAR. IN THE EVENT A POTENTIAL CONFLICT OF INTEREST SHOULD ARISE, MEMBERS DISCLOSE POTENTIAL CONFLICT AS SOON AS THEY BECOME AWARE OF IT AND ABSTAIN FROM VOTING ON ANY MATTER IN CONNECTION WITH ANY SUCH CONFLICT. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION ALSO MAKES ITS FORMS 990 AVAILABLE ON THE SAME DAY, IF REQUESTED IN PERSON, OR WITHIN 30 DAYS IF REQUESTED VIA MAIL, E-MAIL, FACSIMILE OR PRIVATE DELIVERY. AVAILABILITY OF OTHER DOCUMENTS SUCH AS OUR GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, AND OUR FINANCIAL STATEMENTS FOLLOW THE SAME DISCLOSURE POLICY AND THE SAME TURNAROUND TIMES. ALL OF THESE DOCUMENTS ARE PROVIDED TO ALL REQUESTERS FREE OF CHARGE AND WITHOUT ANY EXPLANATION OF THE REASONS FOR THE REQUEST. FORM 990, PART IX, LINE 11G GRANT WRITING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 8,263. TOTAL EXPENSES 8,263. CONSULTING: PROGRAM SERVICE EXPENSES 6,634. MANAGEMENT AND GENERAL EXPENSES 1,105. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,739. CONTRACT LABOR: PROGRAM SERVICE EXPENSES 269,035. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 269,035. BESSEMER TRAIN DEPOT LLC 2625 5TH AVENUE NORTH BUILDING C BESSEMER AL 35020 862095568 REAL ESTATE DEVELOPMENT AL 0 202357 BESSEMER REDEVELOPMENT CORP COMMUNITY WORKFORCE HOUSING LLC 2625 5TH AVENUE NORTH BUILDING C BESSEMER AL 35020 934576718 REAL ESTATE DEVELOPMENT AL 0 1240686 BESSEMER REDEVELOPMENT CORP