BBAR PHASE IV CORPORATION ("BIVC") IS ORGANIZED AND OPERATED AS A SUPPORTING ORGANIZATION (AS DESCRIBED IN SECTION 509(A)(3) OF THE IRC), WITH RESPECT TO BUILDING BRIDGES ACROSS THE RIVER, INC. ("BBAR"). BIVC PROMOTES, DESIGNS, FUNDRAISES FOR, CONSTRUCTS, AND OPERATES A BUILDING HOUSING THE WASHINGTON SCHOOL FOR GIRLS ON THE CAMPUS OF BBAR. BIVC WAS CREATED TO FACILITATE THE USE OF NEW MARKETS TAX CREDITS ("NMTC") AS A FINANCING SOURCE FOR PART OF THE COST OF THE NEW BUILDING.
Reported officers (all unpaid)
No paid executives reported in 2024. BBAR PHASE IV CORPORATION reported 3 unpaid officers and board members on its 990.
What Community Improvement & Capacity Building executives earn in District of Columbia
BBAR PHASE IV CORPORATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable community improvement & capacity building organization in District of Columbia earns a median of $216,500.
These are community improvement & capacity building sector-wide figures, not this organization's reported pay. Based on 315 organizations across 315 filings (2021 – 2024).
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