BRIGHTBRIDGE INC
506 BROAD STREET, CHATTANOOGA, TN 37402 www.brightbridgeinc.org

Total Revenue
$2,806,922
Total Expenses
$1,858,309
Net Assets
$4,645,979

Organizations Filed Purposes: PROMOTION AND ASSISTANCE OF GROWTH AND DEVELOPMENT OF SMALL BUSINESS CONCERNS THROUGH DIRECT FINANCING OR ASSISTANCE WITH SBA LOANS.

501(C)(3) THAT PROMOTES ECONOMIC DEVELOPMENT BY PROVIDING LOANS AND TECHNICAL ASSISTANCE.

SBA COMMUNITY ADVANTAGE - LOANS TO SMALL AND STARTUP BUSINESSES FOR USE IN NORMAL BUSINESS OPERATIONS TO FINANCE WORKING CAPITAL NEEDS, EQUIPMENT PURCHASES, OR EXPANSION PROJECTS. LOANS ARE REPAID BY BUSINESS CASH FLOWS.

SMALL BUSINESS LENDING PROGRAM - PROGRAM A PROVIDES SMALL AND STARTUP BUSINESSES THAT ARE LOCATED IN QUALIFIED AREAS LOANS THAT CAN BE USED FOR ACQUISITION OF LAND, LAND IMPROVEMENTS, BUILDING CONSTRUCTION, PURCHASE OF BUILDINGS, RENOVATION OF BUILDINGS, AND PURCHASE OF MACHINERY, OR EQUIPMENT. PROGRAM B PROVIDES BUSINESSES (BOTH FOR-PROFIT AND NOT-FOR-PROFIT) LOCATED IN DESIGNATED LOW-INCOME CENSUS TRACTS OR OWNED BY MEMBERS OR A TARGETED POPULATION, WHICH INCLUDES LOW-INCOME PERSONS AND ELIGIBLE MINORITIES, WITH LOANS THAT CAN BE USED FOR MOST BUSINESS PURPOSES, INCLUDING WORKING CAPITAL, FIXED ASSETS, AND OTHERS.

NEW MARKETS TAX CREDIT - PROVIDES INDIVIDUALS LOCATED IN DESIGNATED LOW INCOME CENSUS TRACKS WITH LOANS TO PURCHASE PRIMARY RESIDENCE.

Executives Listed on Filing

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

NameTitleHours Per WeekTotal Salary
Bill PollardSENIOR VICE PRESIDENT40$129,805
Monica BlantonSECRETARY40$122,509
Mike OhlmanPRESIDENT AND CEO40$122,451
Lindsay FrillingDIRECTOR2$0
Gary PettyDIRECTOR2$0
Daniel CarterDIRECTOR2$0
Carla JarrellDIRECTOR2$0
Angela ConnerDIRECTOR2$0
Glenn BarkerDIRECTOR2$0
Jim CallihanDIRECTOR2$0
Clem RenfroDIRECTOR2$0
Joe PittsDIRECTOR2$0
Jack SampleTREASURER2$0
Duffy FranckVICE CHAIRMAN2$0
Les RoddyCHAIRMAN2$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202022979349300837_public.xml