BRIGHT COMMUNITY TRUST INC
2561 NURSERY RD NO D, CLEARWATER, FL 33764 thebrightway.org

Total Revenue
$1,223,598
Total Expenses
$2,386,236
Net Assets
$12,742,532

Organizations Filed Purposes: UTILIZE LAND TRUSTS AS A VEHICLE TO FACILITATE THE OWNERSHIP AND DEVELOPMENT OF AFFORDABLE HOUSING.

BRIGHT COMMUNITY TRUST FOCUS IS THE DEVELOPMENT AND REHABILITATION OF DISTRESSED AND FORECLOSED HOMES FOR RENT OR RESALE TO WORK FORCE AND LOWER INCOME FAMILIES. UTILIZING A COMMUNITY LAND TRUST THE PROPERTIES STAY ATTAINABLE FOR GENERATIONS.AS A CERTIFIED HUD COUNSELING AGENCY, EDUCATION AND ONGOING MENTORSHIP IS PROVIDED PREPARING RESIDENTS FOR HOMEOWNERSHIP.

BRIGHT SERVES AS THE MANAGEMENT AGENT FOR A COMMUNITY LAND TRUST WITH CENTRAL FLORIDA REGIONAL HOUSING TRUST, INC. (CFRHT). UNDER THE TERMS OF THE AGREEMENT, BRIGHT HAS FULL CONTROL AND DISCRETION IN THE OPERATION, DIRECTION, MANAGEMENT, AND SUPERVISION OF CFRHT AND THE HOUSING TRUST PROPERTY. BRIGHT WILL MANAGE THE CURRENT AND FUTURE PROPERTY OF CFRHT IN ACCORDANCE WITH THE MISSION OF BOTH ORGANIZATIONS WHICH IS TO PROVIDE HOUSING THAT IS SAFE, SECURE, AND AFFORDABLE IN PERPETUITY.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Renee WelchCFO40$70,214
Marquac McgheeCOO40$60,292
Anthony JonesCEO/PRESIDENT40$25,000
Charles AllcottDIRECTOR (1/1/19-2/28/19)1$0
Theresa JonesDIRECTOR (1/1/19-10/14/19)1$0
Clive Kofi HuntDIRECTOR1$0
David O ArchieDIRECTOR1$0
Jillian BandesTREASURER1$0
Dr Robert ArnoldSECRETARY5$0
Roxanne AmorosoCHAIRMAN5$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202021959349302397_public.xml