SBP reports that it works to shrink the time between disaster and recovery by developing tools for a prompt, efficient, and predictable recovery. SBP states that its intervention model includes rebuilding, sharing, preparing, advising, and advocating, which serve to address rebuilding needs and systemic advocacy efforts that change the model of how to manage disaster recovery. Through the organization's model, SBP rebuilds homes quickly after a disaster through mobilizing the private sector; shares SBP's rebuilding innovations with other organizations to allow for predictable rebuilding efforts; prepares home and business owners prior to and following disasters with specific steps to mitigate risk and improve resilience; advises policy makers immediately after disaster so federal dollars may de deployed in a way that allows an efficient recovery; and advocates for the reform of disaster recovery strategy in the United States to improve predictability and speed of recovery. In 2018, SBP reports that it trained 37,000 individuals in disaster preparedness and resilience, rebuilt 234 homes, and established a long-term operating site in Puerto Rico.
For the year ended December 31, 2018, SBP's program expenses were:
Rebuilding |
$25,366,911 |
Opportunity housing |
$1,223,208 |
Disaster resilience and recovery lab |
$736,798 |
Total Program Expenses: |
$27,326,917 |
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Chief Executive
Zack Rosenburg, Co-Founder and Chief Executive Officer
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Compensation*
$250,353
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Chair of the Board
Francis Bouchard
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Chair's Profession / Business Affiliation
Group Head of Communications and Public Affairs, Zurich Insurance
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Board Size
16
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Paid Staff Size
87
*2018 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Invitations to fund raising events, Planned giving arrangements, Print advertisements (newspapers, magazines, etc.), Cause- related marketing (affinity credit cards, consumer product sales, etc.), Television
Fundraising costs were 3% of related contributions. (Related contributions, which totaled $24,312,031 are donations received as a result of fundraising activities.)
This organization is tax-exempt under section 501(c) (3) of the Internal Revenue Code.It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on SBP's audited financial statements - consolidated for the year ended December 31, 2018.
Source of Funds |
Grants |
$14,542,662 |
Contributions |
$9,769,369 |
Homeowner funding |
$1,722,577 |
Property management fees |
$669,112 |
Other income |
$576,860 |
Sale of properties |
$540,000 |
Opportunity housing income |
$106,889 |
Vendor incentives |
$91,090 |
Total Income |
$28,018,559 |
- Programs: 90%
- Administrative: 8%
- Fundraising: 2%
Total Income |
$28,018,559 |
Program expenses |
$27,326,917 |
Fundraising expenses |
$794,958 |
Administrative expenses |
$2,263,340 |
Other expenses |
$0 |
Total expenses: |
$30,385,215 |
Income in Excess of Expenses |
$-2,366,656 |
Beginning Net Assets |
$25,049,319 |
Other Changes In Net Assets |
$0 |
Ending Net Assets |
$22,682,663 |
Total Liabilities |
$9,901,408 |
Total Assets |
$32,584,071 |
Note: According to SBP's audited financial statements - consolidated - for the year ended December 31, 2018, the organization received $5,891,992 in donated services ($5,572,000) and donated goods ($319,992).