Form 990 for tax year 2023
Filed by COMMUNITY DEVELOPMENT BANKERS ASSOCIATION CDBA.
Totals
- Total revenue
- $1,159,974
- Total expenses
- $876,091
- Contributions and grants received
- $786,987
- Grants paid
- $0
- Program service revenue
- $371,692
- Investment income
- $1,295
- Other revenue
- $0
- Total assets, end of year
- $2,576,942
- Total liabilities, end of year
- $805,552
- Net assets or fund balances, end of year
- $1,771,390
- Program services expenses (Part IX)
- $771,649
- Management and general expenses
- $104,442
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $771,649
Program services were 88.1% 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.
-
1b · Membership dues
$531,240
-
1f · All other contributions, gifts and grants
$255,747
-
2a · Program service revenue: PEER FORUM SPONSORSHIP
total $265,000 · related or exempt $265,000
-
2b · Program service revenue: PEER FORUM ATTENDANCE
total $106,692 · related or exempt $106,692
-
3 · Investment income
total $1,295 · excluded $1,295
Functional expenses
Part IX, the statement of functional expenses.
-
11a · Fees: management
total $615,865 · program services $559,703 · management and general $56,162
-
11b · Fees: legal
total $3,262 · program services $3,262
-
13 · Office expenses
total $71,054 · program services $31,768 · management and general $39,286
-
14 · Information technology
total $19,261 · program services $19,261
-
16 · Occupancy
total $24,619 · program services $19,695 · management and general $4,924
-
17 · Travel
total $7,797 · program services $7,797
-
19 · Conferences, conventions and meetings
total $102,112 · program services $102,112
-
22 · Depreciation, depletion and amortization
total $6,512 · program services $2,605 · management and general $3,907
-
23 · Insurance
total $500 · program services $500
-
24a · Other expenses: MEMBER SERVICES
total $10,031 · program services $10,031
-
24b · Other expenses: DATA COLLECTION & REPORTI
total $4,000 · program services $4,000
-
24c · Other expenses: TRADE PUBLICATION SUBS.
total $3,933 · program services $3,933
-
24d · Other expenses: TRADE ASSOC. DUES
total $3,890 · program services $3,890
-
24e · All other expenses
total $3,255 · program services $3,092 · management and general $163
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $763,063 · end of year $1,366,669
-
2 · Savings and temporary cash investments
beginning of year $445,250 · end of year $446,545
-
3 · Pledges and grants receivable
end of year $331,471
-
4 · Accounts receivable
beginning of year $468,500 · end of year $372,250
-
9 · Prepaid expenses and deferred charges
end of year $40,264
-
10a · Land, buildings and equipment: cost or other basis
$28,270
-
10b · Land, buildings and equipment: accumulated depreciation
$8,527
-
10c · Land, buildings and equipment, net
end of year $19,743
-
17 · Accounts payable and accrued expenses
beginning of year $141,753 · end of year $203,802
-
19 · Deferred revenue
beginning of year $471,750 · end of year $601,750
-
27 · Net assets without donor restrictions
beginning of year $1,063,310 · end of year $1,771,390
Mission and programs · 2023
Mission
THE MISSION OF THE COMMUNITY DEVELOPMENT BANKERS ASSOCIATION IS TO FURTHER THE REBUILDING OF LOW INCOME COMMUNITIES VIA EDUCATING THE FINANCIAL SERVICES INDUSTRY, INCLUDING SOCIALLY MOTIVATED INVESTORS AND COMMUNITY DEVELOPMENT BANKS, IN REGARDS TO THE CREDIT AND FINANCIAL SERVICE NEEDS OF THESE COMMUNITIES.
-
CDBA HOSTS PEER FORUMS AND PROVIDES MATERIALS TO EDUCATE ITS MEMBER ORGANIZATIONS IN THE REGARDS TO AVAILABLE FEDERAL RESOURCES AND FUNDING WHICH WILL ASSIST THEM IN FURTHERING THEIR SPECIFIC COMMUNITY DEVELOPMENT MISSIONS.
Expenses $771,649 · Revenue $371,692
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Darrin WilliamsDARRIN WILLIAMS
CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Carlos NaudonCARLOS NAUDON
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Dominik MjartanDOMINIK MJARTAN
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Robert Patrick CooperROBERT PATRICK COOPER
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Andy AndersonANDY ANDERSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Brian ArgrettBRIAN ARGRETT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Demetris GiannouliasDEMETRIS GIANNOULIAS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Robert James IIROBERT JAMES II
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Tracie DavisTRACIE DAVIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Hope JohnsonHOPE JOHNSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Dennis AmmannDENNIS AMMANN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Kat TaylorKAT TAYLOR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Joe QuirogaJOE QUIROGA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Bill DanaBILL DANA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Kent CurtisKENT CURTIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
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
- 2023
- Filed
- 8 July 2024
- IRS schema version
- 2023v5.0
- Source object
- 202421929349300942
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