Nonprofit · EIN 85-1601510
BESSEMER REDEVELOPMENT CORP
Tax-exempt · BESSEMER, AL 35020
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $163,516 | $487,539 | -$324,023 | $1,380,333 | $725,979 | $654,354 |
| December 31, 2024 | 990 | $889,363 | $950,762 | -$61,399 | $2,605,994 | $1,627,617 | $978,377 |
| December 31, 2023 | 990 | $604,864 | $303,158 | $301,706 | $3,288,982 | $2,437,459 | $851,523 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $435,000
- of which government grants
- $10,000
- Program service revenue
- $0
- Investment income
- -$283,410
- Net rental income
- $11,837
- Net gain from sales of assets
- -$283,603
- Other revenue
- $11,926
Expenses
- Grants and similar amounts paid
- $5,000
- Other salaries and wages
- $124,863
- Salaries, compensation and benefits (total)
- $144,154
- Professional fundraising fees
- $0
- Legal fees
- $7,669
- Accounting fees
- $19,669
- Occupancy
- $15,458
- Travel
- $1,619
- Depreciation
- $23,493
- Program services (functional)
- $430,638
- Management and general (functional)
- $51,513
- Fundraising (functional)
- $5,388
Balance sheet and other
- Total assets, start of year
- $2,605,994
- Total assets, end of year
- $1,380,333
- Total liabilities, end of year
- $725,979
- Net assets, end of year
- $654,354
- Land, buildings and equipment
- $465,131
- Net assets without donor restrictions
- $377,192
- Net assets with donor restrictions
- $277,162
- Gross receipts
- $1,083,419
- Employees
- 2
- Volunteers
- 4
- Year formed
- 2020
- State of legal domicile
- AL
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BRIAN GIATTINA | PRESIDENT Trustee or director, Officer | 20 | $0 |
| MIKE ROGERS | DIRECTOR Trustee or director | 1 | $0 |
| ED WELDEN | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BRIAN GIATTINA | PRESIDENT Trustee or director, Officer | 20 | $0 |
| MIKE ROGERS | DIRECTOR Trustee or director | 1 | $0 |
| ED WELDEN | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BRIAN GIATTINA | PRESIDENT Trustee or director, Officer | 20 | $0 |
| MIKE ROGERS | DIRECTOR Trustee or director | 1 | $0 |
| ED WELDEN | DIRECTOR Trustee or director | 1 | $0 |
| DAVE PAIGE | DIRECTOR Trustee or director | 1 | $0 |
| ASHLEY NORRIS | DIRECTOR Trustee or director | 1 | $0 |
| CALVIN BELL | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 2625 5TH AVE N BLDG C, BESSEMER, AL 35020-4169
- Principal officer (990 for 2025)
- BRIAN GIATTINA, 2625 5TH AVE N BLDG C, BESSEMER, AL 35020
- Signed the 990
- BRIAN GIATTINA, PRESIDENT
- Phone
- (205) 515-2500
- Website
- WWW.BRCAL.ORG
- Return prepared by
- WARREN AVERETT LLC
Mission
WE BELIEVE THAT BESSEMER, 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.
Program accomplishments
- IMPROVEMENT TO VACANT AND BLIGHTED PROPERTIES.Expenses $275,538 · grants $5,000 · revenue $89
- COMMUNITY GARDEN AND GARDENING COURSE AT BESSEMER TRAIN DEPOT TO ENHANCE THE COMMUNITY.Expenses $36,340
- COMMUNITY WORKFORCE HOUSING SOLD THREE NEW MODULAR HOMES IN THE 6TH AVENUE BLOCK OF BESSEMER.Expenses $118,760
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 85-1601510
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2020
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S20)
- Assets (IRS master file)
- $1,380,333
- Income (IRS master file)
- $1,083,419
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $163,516 | $487,539 | $1,380,333 | XML |
| 990 | December 2024 | $889,363 | $950,762 | $2,605,994 | XML |
| 990 | December 2023 | $604,864 | $303,158 | $3,288,982 | XML |
| 990 | December 2022 | $777,066 | $496,941 | $1,300,172 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.
Questions about BESSEMER REDEVELOPMENT CORP
- What is the EIN of BESSEMER REDEVELOPMENT CORP?
- The employer identification number (EIN) of BESSEMER REDEVELOPMENT CORP is 85-1601510.
- Is BESSEMER REDEVELOPMENT CORP tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
- Are donations to BESSEMER REDEVELOPMENT CORP tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BESSEMER REDEVELOPMENT CORP file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of BESSEMER REDEVELOPMENT CORP due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did BESSEMER REDEVELOPMENT CORP last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of BESSEMER REDEVELOPMENT CORP?
- The 990 for the year ended December 31, 2025 names BRIAN GIATTINA.
- Who are the officers and directors of BESSEMER REDEVELOPMENT CORP?
- The 990 for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does BESSEMER REDEVELOPMENT CORP have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $163,516, expenses of $487,539 and total assets of $1,380,333 at year end.
Other nonprofits in BESSEMER
- MOUNT TABOR BENEVOLENT ASSOCIATION INC EIN 63-0798385 · last filed 990 for 2025
- FRIENDS OF MCCALLA EIN 27-2039013 · last filed 990 for 2024
- LIGHT COMMUNITY CENTER INC EIN 63-1219994 · last filed 990-N for 2024
- COMMUNITY REFORM PROJECT EIN 83-2501704
- RED MOUNTAIN HEIGHTS COMMUNITY LEAGUE INC EIN 63-0907967 · last filed 990-N for 2025
- BESSEMER AREA CHAMBER OF COMMERCE FOUNDATION EIN 39-2407234 · last filed 990-N for 2025
- WELCOME HOME PROJECT INC EIN 87-4384423 · last filed 990-N for 2025
- WEST HIGHLAND COMMUNITY ASSOCIATION EIN 20-0603355 · last filed 990-N for 2023
All nonprofits in BESSEMER · Alabama · Community improvement and capacity building