Form 990 for tax year 2024
Filed by CENTER FOR COMMUNITY BASED ENTERPRISE INC.
Totals
- Total revenue
- $291,610
- Total expenses
- $243,292
- Contributions and grants received
- $191,271
- Grants paid
- $0
- Program service revenue
- $100,339
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $85,987
- Total liabilities, end of year
- $77,934
- Net assets or fund balances, end of year
- $8,053
- Program services expenses (Part IX)
- $168,345
- Management and general expenses
- $73,345
- Fundraising expenses
- $1,602
- Program service expenses (Part III)
- $168,345
Program services were 69.2% 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.
-
1f · All other contributions, gifts and grants
$191,271
-
2a · Program service revenue: SERVICE FEE
total $69,650 · related or exempt $69,650
-
2b · Program service revenue: WRITE OFFS
total $30,689 · related or exempt $30,689
-
8c · Net income from fundraising events
total $0
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $93,810 · program services $63,306 · management and general $30,504
-
10 · Payroll taxes
total $7,248 · program services $3,627 · management and general $3,621
-
11c · Fees: accounting
total $27,508 · program services $2,118 · management and general $25,390
-
11g · Fees: other
total $90,313 · program services $88,460 · management and general $661 · fundraising $1,192
-
12 · Advertising and promotion
total $477 · program services $379 · management and general $94 · fundraising $4
-
13 · Office expenses
total $3,287 · program services $1,492 · management and general $1,785 · fundraising $10
-
14 · Information technology
total $5,011 · program services $1,026 · management and general $3,889 · fundraising $96
-
16 · Occupancy
total $2,500 · program services $2,500
-
17 · Travel
total $3,155 · program services $2,393 · management and general $762
-
19 · Conferences, conventions and meetings
total $690 · program services $596 · management and general $94
-
22 · Depreciation, depletion and amortization
total $729 · program services $729
-
23 · Insurance
total $3,751 · management and general $3,751
-
24a · Other expenses: BANK FEES
total $507 · program services $97 · management and general $410
-
24b · Other expenses: PAYROLL PROCESSSING
total $1,200 · program services $300 · management and general $900
-
24c · Other expenses: DUES AND SUBSCRIPTION
total $1,068 · program services $432 · management and general $636
-
24d · Other expenses: MEMBERSHIP DUES
total $1,255 · program services $836 · management and general $419
-
24e · All other expenses
total $783 · program services $54 · management and general $429 · fundraising $300
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $29,455 · end of year $81,725
-
9 · Prepaid expenses and deferred charges
beginning of year $2,546 · end of year $3,229
-
10a · Land, buildings and equipment: cost or other basis
$2,186
-
10b · Land, buildings and equipment: accumulated depreciation
$1,153
-
10c · Land, buildings and equipment, net
beginning of year $1,762 · end of year $1,033
-
17 · Accounts payable and accrued expenses
beginning of year $34,717 · end of year $1,188
-
25 · Other liabilities
beginning of year $39,579 · end of year $76,746
-
27 · Net assets without donor restrictions
beginning of year -$40,533 · end of year $8,053
Mission and programs · 2024
Mission
THE CENTER FOR COMMUNITY BASED ENTERPRISE IS A NON-PROFIT ORGANIZATION WORKING TO CREATE LIVING-WAGE JOBS THROUGH WORKER-OWNERSHIP IN ALL OF ITS FORMS. WE PROVIDE LEGAL HELP, TECHNICAL ASSISTANCE,EDUCATION, AND COLLABORATION TO INDIVIDUALS.
-
.IN THE 10/01/2023-09/30/2024 TAX YEAR, C2BE HAS PROVIDED EMPLOYEE OWNERSHIP EXPLORATION SERVICES TO 45 UNIQUE BUSINESSES; PLUS AN ADDITIONAL 16 BUSINESSES THAT WE WORKED WITH IN BOTH 2023 AND 2024, FOR A TOTAL OF 61 BUSINESSES. .C2BE HAS 3 ACTIVE BUSINESSES GETTING FINANCIAL AND MANAGEMENT ASSESMENT FOR WORKER OWNERSHIP, INCLUDING A PROJECT WE ARE WORKING ON JOINTLY WITH ANOTHER DETROIT-BASED COOPERATIVE DEVELOPER. .C2BE WORKED WITH TWO DETROIT LEGACY BLACK-OWNED BUSINESSES, TO HELP THEM CONSIDER EMPLOYEE OWNERSHIP AS AN EXIT STRATEGY. .C2BE RECEIVED TECHNICAL ASSITANCE FUNDING VIA THE TREASURY DEPARTMENTS STATE SMALL BUSINESS CREDIT INITIATIVE (SSBC) TECHNICAL ASSISTANCE PROGRAM. AS PART OF A CONSORTIUM OF FOUR MICHIGAN ORGANIZATIONS AROUND THE STATE, WE ARE ALL FOCUSED ON BUSINESSES THAT CENTER PEOPLE, WITH A PARTICULAR INTEREST IN ALL VARIATIONS OF EMPLOYEE RELATIONSHIP,MANAGED BY THE MICHIGAN ECONOMIC DEVELOPMENT CORPORATION. IT IS THE FIRST TIME IN RECENT RECENT HISTORY THAT THE STATE IS INVESTING IN EMPLOYEE OWNERSHIP AS A BUSINESS STRATEGY. THE FUNDING INITIATIVE AIMS TO INCREASE SMALL BUSINESSES ACCESS TO TECHNICAL ASSISITANCE AND LOAN CAPITAL, AND IN THIS CASE POTENTIAL EMPLOYEE OWNED BUSINESS AS A FOCUS. .C2BE2 HAS PARTICIPATED IN 12 EDUCATIONAL PRESENTATIONS ON SOME ASPECT OF EMPLOYEE OWNERSHIP TO OVER 450 INDIVIDUALS. HAT CENTER PEOPLE, WITH A PARTICULAR INTEREST IN ALL VARIATIONS OF EMPLOYEE OWNERSHIP, MANAGED BY THE MICHIGAN ECONOMIC DEVELOPMENT CORPORATION.IT IS THE FIRST TIME IN RECENT HISTORY THAT THE STATE IS INVESTING IN EMPLOYEE OWNERSHIP AS A BUSINESS STRATEGY. THE FUNDING INITIATIVE AIMS TO INCREASE SMALL BUSINESSES ACCESS TO TECHNICAL ASSISITANCE AND LOAN CAPITAL, AND IN THIS CASE POTENTIAL EMPLOYEE OWNED BUSINESS AS A FOCUS. .C2BE2 HAS PARTICIPATED IN 12 EDUCATIONAL PRESENTATIONS ON SOME ASPECT OF EMPLOYEE OWNERSHIP TO OVER 450 INDIVIDUALS.
Expenses $168,345
As filed on the 2024 return.
Listed in Part VII
-
Sarah CraftSARAH CRAFT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Juwon HarrisJUWON HARRIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Delphia SimmonsDELPHIA SIMMONS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Vincent TilfordVINCENT TILFORD
SECRETARY
- Total calculated
- $0
- Hours/week
- 5
-
Judith WilliamsJUDITH WILLIAMS
CO-CHAIR
- Total calculated
- $0
- Hours/week
- 5
-
Lanita CarterLANITA CARTER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Jerry DavisJERRY DAVIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Emberly VickEMBERLY VICK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Jarret SchlaffJARRET SCHLAFF
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Karen Tyler-RuizKAREN TYLER-RUIZ
EXECUTIVE DIRECTOR
- Total calculated
- $0
- Hours/week
- 40
-
Steve DubbSTEVE DUBB
CO-CHAIR
- Total calculated
- $0
- Hours/week
- 5
-
Alicia FarrisALICIA FARRIS
TREASURER
- Total calculated
- $0
- Hours/week
- 5
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
- 2024
- Filed
- 12 August 2026
- IRS schema version
- 2024v5.2
- Source object
- 202612289349300001
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