Bear Creek Development Center Inc

Nonprofit profile at a glance

EIN
841884979
IRS 990 coverage
2020–2024
Forms available
Form 990 2024
Location
Rochester, MN, USA
Phone
5072584992
Rating
83
Verdict
STRONG
Rating confidence
Moderate

Reported finances

Revenue
$1,080,009
Expenses
$973,128
Assets
$7,487,327
Liabilities
$4,390,068

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

10 people listed

Executive titles in this filing

  • Jeffrey Urban (Executive Director)

Highest reported compensation

  • Jeffrey Urban (Executive Director): $18,354 total reported compensation
  • Christina Block (Member): $1,057 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Bear Creek Development Center was established by Bear Creek Christian Church to create innovative, holistic, and truly affordable housing solutions with families and individuals in the Rochester MN area.

What it reported doing in 2024

The MAC-V veterans' units are fully occupied in the Pentagon Building on the campus.BCDC continues to work with Three Rivers on the awarded Low Income Housing Tax Credit project called Restoration Glen. It is hoped to close on the project in August 2025. This building will provide housing for 48 families, making incomes under 30%, 50%, and 60% AMI.The main work of BCDC is providing housing for low-income individuals, as well as people in recovery, from drug and alcohol addictions.Doc's Recovery House runs re-entry programing and housing in approximately 60 of the beds on the campus. BCDC mentors women, in a number of units, on the campus as well. These women meet with the property manager to help maintain their sobriety and make steps towards independence.Three of the 4BR units are operated by Catholic Charities, which serves new refugee families in the US. Another few units serve refugee families, who have relocated, to the US a few years ago.

Operating model

Revenue model
Earned-program. 97% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 76
  • Transparency & Controls: 92
  • Accountability: 94
  • Sustainability: 64
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 80.8%; rating input score 81
  • Program expense ratio: 90.6%; rating input score 91
  • Fundraising efficiency: $0.49 raised per $1 spent on fundraising; rating input score 2; 2nd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 90%; rating input score 90; 23rd percentile among comparable filings
  • Governance controls: 8 of 8 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 9.9%; rating input score 61; 61st percentile among comparable filings
  • Total-asset coverage ratio: 7.69; rating input score 90; 90th percentile among comparable filings
  • Liabilities to assets ratio: 0.59; rating input score 13; 13th percentile among comparable filings
  • Officer compensation ratio: 2%; rating input score 58; 58th percentile among comparable filings

Growth

  • Program expense growth: 11.3% per year; rating input score 100; 67th percentile among comparable filings
  • Revenue growth: -26% per year; rating input score 0; 1st percentile among comparable filings
  • Asset growth: 3.8% per year; rating input score 100; 33rd percentile among comparable filings

Details

  • Where the money goes: 80.8% of revenue deployed · 90.6% of spending went to programs
  • Governance: 9 of 10 board members independent · 8 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $882K in reported program spending
  • Leadership: top reported pay $18K · 10 people listed
  • Consistency: 28 of 28 current checks pass
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 5 filing years from 2020 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Fundraising efficiency scored 2/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 13/100.
  • Review — Sustainability: Officer compensation ratio scored 58/100.