BROWARD COUNTY COMMUNITY DEVELOPMEN

EIN: 650407370 501(c)(3) Community Improvement

FT LAUDERDALE, FL

Total Revenue
$5,514,279
Total Expenses
$4,799,158
Total Assets
$13,832,213
Net Assets
$6,144,295
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1993
Legal Domicile
FL
Principal Officer
ROCCO TRICARICO
Phone
9547642000
Tax Period
2024-07-01 to 2025-06-30

BROWARD COUNTY COMMUNITY DEVELOPMEN, founded in 1993, is a community nonprofit in the Community Improvement sector that reported $5.5M in total revenue in fiscal year 2024. Revenue surged 22% from the prior year, signaling strong growth momentum. Expenses of $4.8M left a modest 13% surplus.

Mission

TO PROVIDE QUALITY, PERMANENT, AFFORDABLE, AND INDEPENDENT HOUSING OPPORTUNITIES TO MEET THE NEEDS OF LOWER-INCOME OR HOMELESS PEOPLE WHO ALSO HAVE MENTAL ILLNESS. CORE VALUES ARE: STABILITY; DIGNITY AND HOPE.

Program Service Accomplishments

Program 1
Expenses: $4,362,843 Revenue: $883,351

BROWARD HOUSING SOLUTIONS (BHS) PROVIDED PERMANENT SUPPORTIVE HOUSING TO A TOTAL OF 331 INDIVIDUALS AND FAMILIES. AMONG THESE, 217 WERE IDENTIFIED AS PRIMARY CLIENTS AND 66 WERE CHILDREN AGES 0-17...

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BROWARD HOUSING SOLUTIONS (BHS) PROVIDED PERMANENT SUPPORTIVE HOUSING TO A TOTAL OF 331 INDIVIDUALS AND FAMILIES. AMONG THESE, 217 WERE IDENTIFIED AS PRIMARY CLIENTS AND 66 WERE CHILDREN AGES 0-17. THROUGH COMPREHENSIVE, WRAPAROUND CASE MANAGEMENT AND THERAPEUTIC INTERVENTION SERVICES, BHS DELIVERED OVER 5,000 HOURS OF SUPPORTIVE HOUSING SERVICES AND MORE THAN 900 HOURS OF THERAPEUTIC INTERVENTIONS. BHS IS PROUD TO REPORT THE FOLLOWING OUTCOMES: . 82% OF CLIENTS RECEIVING RENTAL SUBSIDY ASSISTANCE THROUGH FEDERALLY FUNDED PROGRAMS (SAMARITAN, BROWARD II, AND BROWARD IV) MAINTAINED OR INCREASED THEIR INCOME. . 90% OF YOUTH IN THE YOUTH SOLUTIONS PROGRAM ARE EMPLOYED OR ENROLLED IN SCHOOL FULL-TIME. . 100% OF ADULTS SERVED HAVE BEEN DIAGNOSED WITH A SEVERE AND PERSISTENT MENTAL ILLNESS. . 94% OF CLIENTS MAINTAINED STABLE HOUSING THROUGHOUT THE YEAR. WHILE RESIDING IN BHS' AFFORDABLE HOUSING UNITS, LOW-INCOME OR HOMELESS PEOPLE WITH A DIAGNOSED MENTAL ILLNESS HAVE ACCESS TO A VARIETY OF RESOURCES. THESE WRAP-AROUND SUPPORTIVE SERVICES ENCOURAGE SELF-SUFFICIENCY AND INDEPENDENT LIVING. HOUSING SPECIALISTS AND CASE MANAGEMENT TEAMS CONNECT RESIDENTS TO EMPLOYMENT, VOLUNTEER, EDUCATIONAL AND HEALTHCARE OPPORTUNITIES, WHICH PROMOTE SAFE, PERMANENT AND INDEPENDENT LIVING OPPORTUNITIES. THREE POINTS SUPPORTING THIS APPROACH: 1. PREVENTS HOMELESSNESS: BHS' AFFORDABLE AND SUPPORTIVE HOUSING PREVENTS LOW-INCOME AND MENTALLY ILL PEOPLE FROM BECOMING HOMELESS. COUPLED WITH COLLABORATION FROM COMMUNITY BEHAVIORAL HEALTH PARTNERS OFFERING AN ARRAY OF SUPPORT SERVICES ENCOURAGES A PERMANENT EXODUS FROM THE STREETS. 2. PROVIDES OPPORTUNITY: BHS PERMANENT AND SUPPORTIVE HOUSING PROVIDES LOW-INCOME PEOPLE A SAFE HOME WHERE THEY ARE GIVEN TOOLS FOR SUCCESSFUL, LONG TERM, INDEPENDENT LIVING, ACHIEVING LONG-TERM SELF-SUFFICIENCY. 3. SOCIAL BENEFIT: BHS' PERMANENT AND AFFORDABLE HOUSING ADDRESSES THE IMMEDIATE NEEDS FOR LONG-TERM STABILITY AND PRODUCTIVE CITIZENS WHICH PRODUCES SIGNIFICANT SOCIAL BENEFITS AND REDUCES SUBSTANTIAL FINANCIAL STRAINS ON OUR COMMUNITIES (TAXPAYERS), SUCH AS INCARCERATION, OVER- UTILIZATION OF EMERGENCY ROOMS AND SUBSTANCE ABUSE.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,326,288
Program Service Revenue $883,351
Investment Income $1,226,791
Other Revenue $77,849
TOTAL REVENUE $5,514,279

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,590,025
Fundraising Expenses $29,905
Program Expenses $4,362,843
Other Expenses $3,209,133
TOTAL EXPENSES $4,799,158

Year-over-Year Comparison

2024 2023 Change
Revenue $5,514,279 $4,516,239 +0.2%
Expenses $4,799,158 $4,264,476 +0.1%
Net Income $715,121 $251,763 +1.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
13
Independent Members
13
Employees
31
Volunteers
13

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
1
$110,004
Total Directors
1
$110,004
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROCCO TRICARICO CEO/PRESIDEN 50.00
$139,008 $0 $139,008
AMANDA MACCORMACK CHIEF PROGRA 50.00
Officer Director
$110,004 $0 $110,004
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $5,514,279 $4,799,158 $13,832,213 $715,121
2024 $4,516,239 $4,264,476 $9,753,871 $251,763
2023 $4,486,293 $4,082,821 $8,783,796 $403,472
2022 $4,659,433 $3,695,368 $8,205,586 $964,065
2021 $3,567,263 $3,602,586 $6,833,285 $-35,323
2020 $3,717,287 $3,495,123 $7,255,171 $222,164
2019 $3,533,208 $3,433,768 $6,905,488 $99,440
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