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Nonprofiteer
← UNITED SOUTH BROADWAY CORPORATION

Form 990 for tax year 2022

Filed by UNITED SOUTH BROADWAY CORPORATION.

Totals

Total revenue
$611,829
Total expenses
$966,679
Contributions and grants received
$347,581
Grants paid
$0
Program service revenue
$240,645
Investment income
$0
Other revenue
$23,603
Total assets, end of year
$934,596
Total liabilities, end of year
$1,084,349
Net assets or fund balances, end of year
-$149,753
Program services expenses (Part IX)
$887,939
Management and general expenses
$72,598
Fundraising expenses
$6,142
Program service expenses (Part III)
$887,939

Program services were 91.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $299,835

  • 1f · All other contributions, gifts and grants

    $47,746

  • 2a · Program service revenue: PROGRAM FEES

    total $240,645 · related or exempt $240,645

  • 6a · Gross rents

    real property $39,600

  • 6b · Less rental expenses

    real property $18,497

  • 6c · Rental income or loss

    real property $21,103

  • 6d · Net rental income or loss

    total $21,103 · unrelated business $21,103

  • 11a · Other revenue: OTHER INCOME

    total $2,500 · related or exempt $2,500

  • 11e · Other revenue, total

    $2,500

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $97,548 · program services $73,161 · management and general $19,510 · fundraising $4,877

  • 7 · Other salaries and wages

    total $368,562 · program services $368,562

  • 9 · Other employee benefits

    total $38,183 · program services $36,185 · management and general $1,598 · fundraising $400

  • 10 · Payroll taxes

    total $39,301 · program services $37,245 · management and general $1,645 · fundraising $411

  • 11g · Fees: other

    total $278,720 · program services $259,717 · management and general $19,003

  • 12 · Advertising and promotion

    total $9,207 · program services $9,207

  • 13 · Office expenses

    total $7,087 · program services $6,716 · management and general $297 · fundraising $74

  • 14 · Information technology

    total $9,806 · program services $9,293 · management and general $410 · fundraising $103

  • 16 · Occupancy

    total $45,118 · program services $42,344 · management and general $2,774

  • 17 · Travel

    total $5,086 · program services $4,820 · management and general $213 · fundraising $53

  • 19 · Conferences, conventions and meetings

    total $2,301 · program services $2,301

  • 20 · Interest

    total $9,885 · management and general $9,885

  • 22 · Depreciation, depletion and amortization

    total $6,214 · program services $6,214

  • 23 · Insurance

    total $21,386 · program services $20,267 · management and general $895 · fundraising $224

  • 24a · Other expenses: REPAIRS AND MAINT.

    total $16,232 · program services $5,194 · management and general $11,038

  • 24b · Other expenses: DUES & SUBSCRIPTIONS

    total $6,658 · program services $6,658

  • 24c · Other expenses: TAXES

    total $4,402 · management and general $4,402

  • 24d · Other expenses: OTHER OPERATING EXPENSES

    total $660 · management and general $660

  • 24e · All other expenses

    total $323 · program services $55 · management and general $268

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $193,878 · end of year $49,488

  • 3 · Pledges and grants receivable

    beginning of year $151,148 · end of year $110,370

  • 4 · Accounts receivable

    beginning of year $21,125 · end of year $8,188

  • 9 · Prepaid expenses and deferred charges

    beginning of year $14,327 · end of year $17,633

  • 10a · Land, buildings and equipment: cost or other basis

    $821,964

  • 10b · Land, buildings and equipment: accumulated depreciation

    $410,388

  • 10c · Land, buildings and equipment, net

    beginning of year $436,287 · end of year $411,576

  • 15 · Other assets

    beginning of year $63,525 · end of year $337,341

  • 17 · Accounts payable and accrued expenses

    beginning of year $65,121 · end of year $165,115

  • 23 · Secured mortgages and notes payable

    beginning of year $584,223 · end of year $567,094

  • 25 · Other liabilities

    beginning of year $25,849 · end of year $352,140

  • 27 · Net assets without donor restrictions

    beginning of year $115,827 · end of year -$149,753

  • 28 · Net assets with donor restrictions

    beginning of year $89,270

Mission and programs · 2022

Mission

TO IMPROVE THE SOCIAL, PHYSICAL, AND ECONOMIC CONDITIONS OF THE NEIGHBORHOODS LOCATED WITHIN THE ALBUQUERQUE POCKET OF POVERTY.

  • RENEWAL OF ANTI-RACISM CONTRACT WITH ALBUQUERQUE PUBLIC SCHOOLS (APS) FOR FY22-23 APPLIED FOR AND RECEIVED INCLUSIVE COMMUNITIES FUND GRANT FROM NATIONAL FAIR HOUSING ALLIANCE (NAFA) COMPLETED FISCAL SPONSOR FOR NON-PROFIT RECEIVING KELLOGG GRANT SELECTED TO PARTICIPATE/ SUBMIT PROPOSAL TO ROBERT WOOD JOHNSON MADE GRANT SUBMITTED PROPOSAL TO NM MFA FOR TREASURY HOMEOWNER ASSISTANCE FUND (HAF) DEVELOPED OUR HUMANITY STRATEGY FOR COVID-19 FUNDING THROUGH HHS/OMH

    Expenses $887,939 · Revenue $240,645

As filed on the 2022 return.

Listed in Part VII

  • Rick Burton

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2

  • Marie Robinson

    VICE PRESIDE

    Total calculated
    $0
    Hours/week
    2

  • Alma Olivas

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Beatrice Gutierrez

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Joseph Jaramillo

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Diana Dorn-Jones

    EXECUTIVE DI

    Total calculated
    $97,548
    From this org
    $97,548
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
26 January 2024
IRS schema version
2022v5.0
Source object
202411299349303631

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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