Beulah Land Development Corporation
774 Orchard St
New Haven CT 06511
Contact Information
Address 774 Orchard St
New Haven, CT 06511-
Telephone (203) 865-2640 x
Fax 203-624-3611
E-mail dbrooks@beulahlanddevcorp.org
Web and Social Media
Mission

Beulah Land Development Corporation is a faith-based organization committed to creating a safe, revitalized community of choice through:


  • Building affordable housing (homeownership and elderly)

     

  • Creating businesses and job opportunities

     

  • A comprehensive approach to community revitalization

 

At A Glance
Year of Incorporation 1995
Organization received a competitive grant from the community foundation in the past five years No
Leadership
CEO/Executive Director Bishop Theodore L Brooks Sr.
Board Chair Steven Maasbach Sr
Board Chair Company Affiliation N/A
Financial Summary
 
Projected Revenue $187,500.00
Projected Expenses $166,383.00
Statements
Mission

Beulah Land Development Corporation is a faith-based organization committed to creating a safe, revitalized community of choice through:


  • Building affordable housing (homeownership and elderly)

     

  • Creating businesses and job opportunities

     

  • A comprehensive approach to community revitalization

 

Background Established in 1994, Beulah Land Development Corporation is a non-profit organization, originating from the Beulah Heights 1st Pentecostal Church community, created to develop affordable housing for low-to-moderate income individuals and families in the city of New Haven. BLDC believes that all persons, regardless of creed, color, or nationality are entitled to live in a neighborhood void of blight, systematic poverty, and reckless crime. It is our belief that by reaching out to residents of a neighborhood on this premise, we can help to change the quality of life of an entire community.

 

Our goal is to diminish the impact of poverty and blight in our local neighborhoods, and to utilize community development as a tool to re-establish the concept of the family community. We accomplish this by transforming dilapidated, absentee-owned housing structures and vacant infill lots into beautifully renovated, affordable properties that are made available for qualifying individuals and families with low-to-moderate incomes. In doing so, we are not only filling the need for affordable housing, but also providing lower income citizens with an opportunity to secure a better financial position, and freedom from cyclical systematic poverty.

BLDC will continue its mission to eliminate blight, decay, and abandonment through ongoing revitalization efforts, identifying properties within designated Empowerment Zones for the development of affordable housing, increasing the tax base for the City, and increasing the amount of quality, affordable housing in the City for residents who are currently expending more than 30% of their income for housing.

We will also continue to equip and empower our community residents to become fiscally fit, and eventually realize the dream of homeownership through relationships and partnerships with grassroots organizations and corporate entities that provide homebuyer education, financial assistance, and home maintenance programs. We are a referral base to many vital health and human services organizations throughout the Greater New Haven area, and we personally undertake annual outreach efforts to improve the quality of life for our neighbors.

Impact

Orchard Street Redevelopment Phase II, was a project aimed at continuing our efforts of stabilizing the trunk of Orchard Street that neighbors the Dixwell Plaza. We have developed properties at 693 and 718 Orchard Street and 535 Dixwell Avenue for this $845,000 project, to increase affordable homeownership in the Dixwell/Orchard neighborhood. Construction was completed in February 2015. Since the completion of Phase II, three families were successfully placed into homes redeveloped through BLDC. 718 Orchard Street and 535 Dixwell Avenue were sold to New Haven residents, who were thus given a new opportunity to reinvest into the community in which they were raised. In partnership with the Housing Authority of New Haven, the third home, 693 Orchard Street, has been rented to a low-income family of six, who now have their first opportunity of living in a single family home.

 

The 33 Henry Street Redevelopment Project, the most recent phase of BLDC's continuing efforts to restabilize New Haven communities through removal and redevelopment of blighted homes, has culminated in the completion of a two-story, single-family home, finished in May 2016. The redevelopment of this property includes hardwood floors throughout, granite countertops and high end finishes. This home is currently on contract to be purchased by a moderate-income, single female New Haven resident, and will be a first-time homeownership opportunity.

Our upcoming projects include:
 
            ▪ Orchard Street Redevelopment Phase 3 project: (722 Orchard Street, 684 Orchard Street) is an extension of BLDC’s efforts to develop affordable housing, and increase homeownership opportunities in the Dixwell community.  The scattered site properties include a single-family house (722 Orchard Street), and a vacant lot, for the  construction of a two family home (684 Orchard Street). We anticipate providing 3 units of affordable homeownership to qualifying low– to moderate-income families, with household incomes at or below HUD’s area median income. Project will begin in April 2017 and is anticipated to be completed by Spring 2018.

            ▪ Hamden Highwood Estates Project: We are looking to produce 7 units of affordable homeownership (32, 45, 51 and 59 Edwards Street, 330 Morse Street, 482 Shelton Avenue, and 230 Butler Street) consistant with the current design of existing housing stock in the neighborhood.  Our proposal is to develop 4 single-family and 3 two-family homes, featuring 2-3 bedrooms and 1 ½ baths.  The units would be affordable homes for sale to qualified applicants having household incomes at a minimum at/below 80% of HUD’s area median income.


            ▪ 1-7 Shelton Avenue, vacant infill lot designated for the development of 10 units of affordable housing for qualifying low- to moderate-income first-time home buyers between 50% and 80% of the area median income. Development is slated to cost approximately $3 million, and is targeted for completion in Summer 2020.       


            ▪ 340 Dixwell Avenue, the site of an abandoned gas station and eatery, known as “Joe Grate’s”. To address the demand for affordable rental housing, BLDC will develop 40-50 units of affordable rentals for families with very low incomes (at/below 50%-60% of the area median income. Funding will be leveraged using State Department of Housing CHAMP funds, CHFA’s 4% Low Income Housing Tax Credits, and City HOME funds. The 16 million dollar Development is planned for a completion date of 2021.

Needs

Beulah Land Development Corporation (BLDC) is committed to improving the economic and social conditions of New Haven through our goal of diminishing the impact of poverty and blight in our local neighborhoods, and utilizing community development as a tool to re-establish the concept of the family community. We accomplish this by transforming dilapidated, absentee-owned housing structures and vacant infill lots into beautifully renovated, affordable properties that are made available for qualifying individuals and families with low-to-moderate incomes. Ultimately, not only are we filling the need for affordable housing, but also providing low-income families with an opportunity to secure a better financial position, and freedom from cyclical systematic poverty. BLDC seeks to promote the creation and preservation of quality affordable housing to meet the needs of all individuals and families citywide to ensure that New Haven continues to be a great place to live and work.

In order to produce vibrant, healthy communities of choice, community Beulah Land Development Corporation must have access to a variety of resources to respond to housing needs, including:

Fund raising; Board development & expansion; Completion of pipeline projects; Updated strategic plan to include pending development projects, and revenue income streams; Staff development and training
CEO Statement


Beulah Land Development Corporation (BLDC) is committed to improving the economic and social conditions of New Haven, more specifically, the Promise Zone (PZ), in which it resides. We are a faith-based nonprofit organization, originating from the Beulah Heights 1st Pentecostal Church community, created to develop affordable housing for low-to-moderate income individuals and families in the city of New Haven. Our organizational philosophy is consistent with that of grassroots organizations like Enterprise Community (EC), and Renewal Community (RC) initiative established in 1993 to reduce unemployment and generate economic growth through the designation of federal tax incentives and award of grants to distressed communities.


BLDC was formed in 1994, with the belief that all persons—regardless of creed, color, or nationality—are entitled to live in a neighborhood void of blight, systematic poverty, and reckless crime. We believe that by reaching out to residents of a neighborhood on this premise, we can help to change the quality of life of an entire community. Our goal is to diminish the impact of poverty and blight in our local neighborhoods, and to utilize community development as a tool to re-establish the concept of the family community. We accomplish this by transforming dilapidated, absentee-owned housing structures and vacant infill lots into beautifully renovated, affordable properties that are made available for qualifying individuals and families with low-to-moderate incomes. Ultimately, not only are we filling the need for affordable housing, but also providing low-income families with an opportunity to secure a better financial position, and freedom from cyclical systematic poverty. BLDC seeks to promote the creation and preservation of quality affordable housing to meet the needs of all individuals and families citywide to ensure that New Haven continues to be a great place to live and work.


In urban areas such as New Haven, BLDC understands the importance of having homeownership and affordable rental opportunities for low-to- moderate income families.  Homeownership opportunities help to stabilize neighborhoods and increase the tax base for cities like New Haven. Beulah Land has been distinctive from other development corporations in that our homeowners have a zero (0) percent default rate. The success of BLDC’s affordable housing projects (both past and present) reaffirms the ability of low- and moderate-income families to become--and continue to be--homeowners and stakeholders in the creation and revitalization of their communities.


Board Chair Statement In 2012, I was awarded a Fellowship through the Yale President’s Public Service Fellowship while completing my Master’s of Divinity degree at Yale Divinity School. The Director of the President's Public Fellowship program thought my previous New York City real estate finance and development background would be a good fit for a nonprofit affordable housing developer located in New Haven that was affiliated with a Pentecostal church. My fellowship that summer with Beulah Land Development Corporation ("BLDC") was one of immense personal growth that affected me mentally, spiritually, and socially. At the Divinity School, we studied social justice issues; this placement gave me the opportunity to observe how nonprofits and the communities they serve are able to gather together to combat poverty, homelessness, crime, and quality of life issues. After my fellowship ended, I stayed on to assist BLDC with their many projects and most recently joined their board. BLDC is a unique nonprofit affordable housing developer that operates from a faith perspective in all aspects of its operations.  

Since its founding some 20 years ago, BLDC has played an integral role in transforming the urban area surrounding the church community to a mixed housing culture of the Greater New Haven community. With its first redevelopment of an elderly home, its recent construction of 10+ brand new 2 family town homes, and now its plan to develop 30+ affordable rental properties on Dixwell Avenue, the organization is one the few that can truly say that they are taking a hands-on stakeholder's approach to community revitalization in the Winchester Repeating Arms Historic district of New Haven.    

As members of the Board we count it a privilege to be able to provide technical, financial, and moral support to BLDC as it continues its efforts to develop affordable rental housing and homeownership for low-to-moderate income families in the Greater New Haven community. With its strong record of community transformation we look forward to the continued renaissance of Dixwell Avenue.
Service Categories
Primary Organization Category Housing, Shelter / Housing Development, Construction & Management
Areas Served
New Haven
Hamden
Beulah Land Development Corporation is dedicated to serving the Greater New Haven community through community development, development and redevelopment of empty lots and existing blighted and dilapidated homes, and community engagement. BLDC has been historically, and currently, engaged in the Dixwell/Newhallville community. We anticipate continuing our work in community development in the surrounding towns of Hamden, East Haven, and West Haven
Programs
Description

The Dixwell/Newhallville Redevelopment Project ( 722 Orchard Street, 684 Orchard Street) is an extension of BLDC’s efforts to develop affordable housing, and increase homeownership opportunities in the Dixwell/Newhallville community. The project will serve to increase the supply of quality affordable housing available to low– to moderate-income households, as well as establishing and maintaining a suitable living environment for area residents. Acquiring this site at or below the market value will allow BLDC to continue its efforts in making homeownership not only a dream but a reality. The scattered site properties include a single-family houses (722 Orchard Street), and one multi-family home (684 Orchard Street). We anticipate providing 3 units of affordable homeownership to qualifying low– to moderate-income families, with household incomes at or below HUD’s area median income.

Population Served Families / Minorities / Poor,Economically Disadvantaged,Indigent
Program is linked to organization’s mission and strategy Yes
Program is frequently assessed based on predetermined program goals Yes
Short Term SuccessHelpOrganizations describe near term achievement(s) or improvement(s) that will result from this program. This may represent immediate outcomes occurring as a result of the end of a session or service. Through the Dixwell/Newhallville Redevelopment project, anticipated to be completed by the Summer of 2017, BLDC will house two more families (with an average household size of 5 people) into newly redeveloped homes, providing them the opportunity to realize homeownership and reinvestment in their community.
Long Term SuccessHelpOrganizations describe the ultimate change(s) that will result from this program. This may be far into the future and represent an ideal state.

BLDC will continue its mission to eliminate blight, decay, and abandonment through ongoing revitalization efforts, identifying properties within designated Promise Zones for the development of affordable housing, increasing the tax base for the City of New Haven (with anticipated work in surrounding towns of Hamden, East Haven, North Haven, and West Haven), and increasing the amount of quality, affordable housing in the Greater New Haven area for residents who are currently expending more than 30% of their income for housing. We will also continue to equip and empower our community residents to become fiscally fit, and eventually realize the dream of homeownership through relationships and partnerships with grassroots organizations and corporate entities that provide homebuyer education, financial assistance, and home maintenance programs.


Description  

The Renaissance Garden at 340 Dixwell Avenue will provide a total of 40 units of affordable rental housing, in the form of one- two- and three bedroom apartments. The project will be available to very-low to moderate-income renters; by providing all income levels the opportunity to live in this development, this project will be providing diversity and economic integration, and improve the physical appearance of the neighborhood, while bringing the neighbors together on its sidewalks. The projects site for the Renaissance Garden at 340 Dixwell Avenue is a vacant lot, and the project will be an entirely new development, revitalizing the historic Winchester Repeating Arms district.

Population Served Poor,Economically Disadvantaged,Indigent / Minorities / Families
Program is linked to organization’s mission and strategy Yes
Program is frequently assessed based on predetermined program goals Yes
Short Term SuccessHelpOrganizations describe near term achievement(s) or improvement(s) that will result from this program. This may represent immediate outcomes occurring as a result of the end of a session or service.  

The Renaissance Garden at 340 Dixwell Avenue Project will serve to increase the supply of quality affordable housing available to very low– to moderate-income households (at/below 50%-60% AMI) by housing 40 families of varying household size in one- two- and three-bedroom units.

Long Term SuccessHelpOrganizations describe the ultimate change(s) that will result from this program. This may be far into the future and represent an ideal state.  

BLDC will continue its mission to eliminate blight, decay, and abandonment through ongoing revitalization efforts, identifying properties within designated Promise Zones for the development of affordable housing, increasing the tax base for the City of New Haven (with anticipated work in surrounding towns of Hamden, East Haven, North Haven, and West Haven), and increasing the amount of quality, affordable housing in the Greater New Haven area for residents who are currently expending more than 30% of their income for housing. We will also continue to equip and empower our community residents to become fiscally fit, and eventually realize the dream of homeownership through relationships and partnerships with grassroots organizations and corporate entities that provide homebuyer education, financial assistance, and home maintenance programs.

Program Comments
CEO Comments  The market crash of 2008 put many nonprofit organizations, particularly development corporations and housing organizations, into difficult positions. Despite the challenges of the market, BLDC has been able to continue to work towards the revitalization of the New Haven community, while maintaining a zero percent default rate on the original loans. That said, the two greatest challenges facing Beulah Land continue to be generating and raising sufficient funds for operating expenses, and difficulty in the housing market. With the struggles in the housing market, having completed development projects and holding properties for long periods of time makes it difficult to move forward with the next phase of projects. Because our first priority is the community residents, we maintain keeping sale prices of our homes as low as possible. As a result, our proceeds and income reflect the low prices of our homes, and we do not generate enough revenue to ensure the organization will be self-sustaining. Therefore, our organization relies heavily upon corporate and foundation contributions, grants, and gifts from individual donors; subsequently, we do not have a steady stream of secure revenue, and declines in the economy have made obtaining funding very difficult. While Beulah Land does face some programmatic challenges, we anticipate continuing our work in surrounding areas of Hamden, East Haven, and West Haven
CEO/Executive Director
Bishop Theodore L Brooks Sr.
Term Start Oct 1995
Email office@beulahlanddevcorp.org
Staff
Number of Full Time Staff 1
Number of Part Time Staff 2
Number of Volunteers 12
Number of Contract Staff 0
Staff Retention Rate 75%
Staff Demographics - Ethnicity
African American/Black 2
Asian American/Pacific Islander 0
Caucasian 0
Hispanic/Latino 0
Native American/American Indian 0
Other 1 African- Black
Staff Demographics - Gender
Male 1
Female 2
Unspecified 0
Senior Staff
Title Director of Projects
Formal Evaluations
CEO/Executive Formal Evaluation Frequency Annually
Senior Management Formal Evaluation Frequency Annually
Non Management Formal Evaluation Frequency Annually
Comments
CEO Comments  Despite its small staff size, sound management, visionary leadership, and dedication from the staff and board of directors has enabled Beulah Land to continue its mission for the improvement and revitalization of New Haven communities in providing over 60 units of housing for community residents. The staff at BLDC has a combined experience of over 60 years of community service and development and housing revitalization.
Board Chair
Steven Maasbach Sr
Company Affiliation N/A
Term Jan 2016 to Jan 2019
Board of Directors
NameAffiliation
Charles A Blango
Bishop Theodore L. Brooks Sr.Beulah Heights First Pentecostal Church
Althea Brooks Community Volunteer
Amy Marx Community Volunteer
Romero McElveen Community Volunteer
Kyle Pederson Community Volunteer
Tyrone Poole Community Volunteer
Faith Rosa-Brooks Community Volunteer
Linton Tucker Community Volunteer
Jay Wesley Community Volunteer
Board Demographics - Ethnicity
African American/Black 6
Asian American/Pacific Islander 0
Caucasian 3
Hispanic/Latino 1
Native American/American Indian 0
Other 1 0
Board Demographics - Gender
Male 7
Female 3
Unspecified 1
Governance
Board Term Lengths 3
Written Board Selection Criteria Under Development
Written Conflict of Interest Policy Yes
Percentage Making Monetary Contributions 0%
Constituency Includes Client Representation Yes
CEO Comments

BLDC is working within one of the most challenging communities in the greater New Haven community. New Haven has one of the tightest rental markets and the lowest vacancy rates for rental housing in the country. In addition, the housing that is available is not of livable quality because the properties often remain in disrepair, blight. and/or contamination. 

 Beulah Land is uniquely position to address the aforementioned and other societal ills as it relates to housing; because Beulah understands the importance of having homeownership and affordable housing for low to moderate income families in urban areas such as New Haven. The current success of current and past BLDC affordable housing projects reaffirms the ability of low to moderate-income families to become stakeholders in the creation and revitalization of their communities. To date, we have successfully transitioned over 25 families from rental housing to homeownership.  

 
 
Financials
Fiscal Year Start July 01 2016
Fiscal Year End June 30 2017
Projected Revenue $187,500.00
Projected Expenses $166,383.00
Spending Policy N/A
Credit Line No
Reserve Fund No
Detailed Financials
Prior Three Years Revenue Sources ChartHelpThe financial analysis involves a comparison of the IRS Form 990 and the audit report (when available) and revenue sources may not sum to total based on reconciliation differences. Revenue from foundations and corporations may include individual contributions when not itemized separately.
Fiscal Year201520142013
Foundation and
Corporation Contributions
$126,263$11,120$5,950
Government Contributions$197,009$241,017$57,676
Federal----$17,676
State------
Local$197,009$241,017$40,000
Unspecified------
Individual Contributions------
------
------
Investment Income, Net of Losses------
Membership Dues------
Special Events------
Revenue In-Kind------
Other------
Prior Three Years Expense Allocations Chart
Fiscal Year201520142013
Program Expense$469,357$152,979$150,308
Administration Expense$19,432$18,501$20,875
Fundraising Expense------
Payments to Affiliates------
Total Revenue/Total Expenses0.661.470.37
Program Expense/Total Expenses96%89%88%
Fundraising Expense/Contributed Revenue0%0%0%
Prior Three Years Assets and Liabilities Chart
Fiscal Year201520142013
Total Assets$552,510$549,867$360,511
Current Assets$40,480$21,107$99,842
Long-Term Liabilities$360,427$210,231$117,800
Current Liabilities$57,556$39,592$23,324
Total Net Assets$134,527$300,044$219,387
Prior Three Years Top Three Funding Sources
Fiscal Year201520142013
Top Funding Source & Dollar AmountCity of New Haven - City Home $157,889City of New Haven - City Home $201,029Community Dev. Block Grant $40,000
Second Highest Funding Source & Dollar AmountCommunity Dev. Block Grant $39,120Community Dev. Block Grant $39,989City of New Haven Federal pass thru (CHDO) $17,676
Third Highest Funding Source & Dollar AmountCT LISC $32,955CT LISC $7,045 --
Solvency
Short Term Solvency
Fiscal Year201520142013
Current Ratio: Current Assets/Current Liabilities0.700.534.28
Long Term Solvency
Fiscal Year201520142013
Long-Term Liabilities/Total Assets65%38%33%
Capitial Campaign
Currently in a Capital Campaign? No
Comments
CEO Comments

As expressed in my earlier statement, it is a difficult time for Beulah Land Development Corp, and arguably for non-profit organizations throughout New Haven and Connecticut. Of the three homes in the most recently completed project, Orchard Street Redevelopment Phase II (completed February 2015), two of the homes have been sold (one only recently in January 2016), and one has been turned into a rental property in collaboration with the Housing Authority of New Haven. As a result, these properties stayed in our inventory longer than our anticipated schedule, causing us to sustain an operating loss over the last fiscal year. While we are working diligently to increase our organization’s sustainability and make up the deficit, in light of statewide budget cuts and an overall weak economy, our organization continues to be vulnerable to economic turns. We continue to rely upon the generous gifts of individual donors, as well as foundation and corporate donations, and grants.

Yet, Beulah Land continues to strive towards community development and the reversal of neighborhood blight through development opportunities. We are optimistic about the positive turn in the economy, and understand that our first priority is to the residents of New Haven, whom we serve.
Foundation Staff Comments

This profile, including the financial summaries prepared and submitted by the organization based on its own independent and/or internal audit processes and regulatory submissions, has been read by the Foundation. Financial information is inputted by Foundation staff directly from the organization’s IRS Form 990, audited financial statements or other financial documents approved by the nonprofit’s board. The Foundation has not audited the organization’s financial statements or tax filings, and makes no representations or warranties thereon. The Community Foundation is continuing to receive information submitted by the organization and may periodically update the organization’s profile to reflect the most current financial and other information available. The organization has completed the fields required by The Community Foundation and updated their profile in the last year. To see if the organization has received a competitive grant from The Community Foundation in the last five years, please go to the General Information Tab of the profile.

Address 774 Orchard St
New Haven, CT 06511
Primary Phone 203 865-2640
CEO/Executive Director Bishop Theodore L Brooks Sr.
Board Chair Steven Maasbach Sr
Board Chair Company Affiliation N/A

 

Related Information

Meet Basic Needs

A strong community not only meets its members’ basic needs but also works to create long-term solutions to their problems. Provide people with affordable housing, enough to eat and access to affordable health care and you enable them to envision a better future for themselves.