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Nonprofiteer
← REAL CHANGE HOMELESS EMPOWERMENT PROJECT

Form 990 for tax year 2022

Filed by REAL CHANGE HOMELESS EMPOWERMENT PROJECT.

Totals

Total revenue
$1,541,249
Total expenses
$1,630,194
Contributions and grants received
$1,355,957
Grants paid
$0
Program service revenue
$187,864
Investment income
$624
Other revenue
-$3,196
Total assets, end of year
$343,334
Total liabilities, end of year
$87,019
Net assets or fund balances, end of year
$256,315
Program services expenses (Part IX)
$1,136,131
Management and general expenses
$278,113
Fundraising expenses
$215,950
Program service expenses (Part III)
$1,136,131

Program services were 69.7% 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.

  • 1a · Federated campaigns

    $0

  • 1b · Membership dues

    $0

  • 1c · Fundraising events

    $88,486

  • 1d · Related organizations

    $0

  • 1e · Government grants (contributions)

    $106,725

  • 1f · All other contributions, gifts and grants

    $1,160,746

  • 1g · Noncash contributions included above

    $0

  • 2a · Program service revenue: NEWSPAPERS/WORKSHOPS

    total $187,864 · related or exempt $159,136 · unrelated business $28,728 · excluded $0

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $624 · related or exempt $0 · unrelated business $0 · excluded $624

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 5 · Royalties

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7c · Gain or loss

    securities $0 · other assets $0

  • 8a · Fundraising events: gross income

    $0

  • 8a · Fundraising events: contributions included on line 1c

    $88,486

  • 8b · Fundraising events: direct expenses

    $1,190

  • 8c · Net income from fundraising events

    total -$1,190 · unrelated business $0 · excluded -$1,190

  • 10a · Gross sales of inventory

    $2,897

  • 10b · Cost of goods sold

    $4,903

  • 10c · Net income from sales of inventory

    total -$2,006 · related or exempt $0 · unrelated business $0 · excluded -$2,006

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $106,288 · program services $42,515 · management and general $37,201 · fundraising $26,572

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $776,362 · program services $541,235 · management and general $133,313 · fundraising $101,814

  • 8 · Pension plan contributions

    total $23,056 · program services $16,330 · management and general $3,805 · fundraising $2,921

  • 9 · Other employee benefits

    total $57,657 · program services $40,556 · management and general $9,684 · fundraising $7,417

  • 10 · Payroll taxes

    total $82,069 · program services $54,576 · management and general $15,675 · fundraising $11,818

  • 11c · Fees: accounting

    total $6,059 · management and general $6,059

  • 11g · Fees: other

    total $66,473 · program services $49,345 · management and general $13,250 · fundraising $3,878

  • 12 · Advertising and promotion

    total $62,618 · program services $59,479 · management and general $180 · fundraising $2,959

  • 13 · Office expenses

    total $138,955 · program services $93,281 · management and general $17,052 · fundraising $28,622

  • 14 · Information technology

    total $16,009 · program services $10,183 · management and general $3,312 · fundraising $2,514

  • 16 · Occupancy

    total $107,085 · program services $68,439 · management and general $21,795 · fundraising $16,851

  • 17 · Travel

    total $3,301 · program services $2,470 · management and general $608 · fundraising $223

  • 19 · Conferences, conventions and meetings

    total $20,211 · program services $18,249 · management and general $398 · fundraising $1,564

  • 20 · Interest

    total $83 · management and general $83

  • 23 · Insurance

    total $7,462 · management and general $7,462

  • 24a · Other expenses: TAXES

    total $3,670 · program services $0 · management and general $3,670 · fundraising $0

  • 24b · Other expenses: FEES/DUES

    total $22,056 · program services $9,898 · management and general $3,681 · fundraising $8,477

  • 24c · Other expenses: PROGRAM PRINTING

    total $61,282 · program services $61,282 · management and general $0 · fundraising $0

  • 24d · Other expenses: INSP EXPENSES

    total $65,939 · program services $65,939 · management and general $0 · fundraising $0

  • 24e · All other expenses

    total $3,559 · program services $2,354 · management and general $885 · fundraising $320

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $167,396 · end of year $119,056

  • 2 · Savings and temporary cash investments

    beginning of year $244,440 · end of year $203,466

  • 4 · Accounts receivable

    beginning of year $960 · end of year $3,305

  • 9 · Prepaid expenses and deferred charges

    beginning of year $22,757 · end of year $17,507

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

    $32,113

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

    $32,113

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $77,354 · end of year $70,777

  • 21 · Escrow or custodial account liability

    beginning of year $13,035 · end of year $16,242

  • 27 · Net assets without donor restrictions

    beginning of year $279,600 · end of year $256,315

  • 28 · Net assets with donor restrictions

    beginning of year $65,564 · end of year $0

Mission and programs · 2022

Mission

OUR MISSION IS TO PROVIDE OPPORTUNITY AND A VOICE FOR LOW INCOME AND HOMELESS PEOPLE WHILE TAKING ACTION FOR ECONOMIC, SOCIAL AND RACIAL JUSTICE. REAL CHANGE HAS SEVERAL PROGRAM AREAS: THE PUBLICATION OF A WEEKLY NEWSPAPER, A LOW-BARRIER EMPLOYMENT PROGRAM FOR OUR VENDORS WHO SELL THE PAPER, AND ADVOCACY AND ORGANIZING FOR PUBLIC POLICIES THAT BENEFIT HOMELESS AND LOW INCOME PEOPLE.

Activities or mission (Part I)

OUR MISSION IS TO PROVIDE OPPORTUNITY AND A VOICE FOR LOW INCOME AND HOMELESS PEOPLE WHILE TAKING ACTION FOR ECONOMIC, SOCIAL & RACIAL JUSTICE

  • EDITORIAL: REAL CHANGE PUBLISHES AN AWARD-WINNING, INDEPENDENT NEWSPAPER, WITH A PAID CIRCULATION OF APPROXIMATELY 241,000 PAPERS ANNUALLY. ON AVERAGE, THE NEWSPAPER IS PRODUCED BY FOUR JOURNALISTS AND FIFTEEN VOLUNTEERS. THE PAPER IS INFORMED BY THE ADVICE OF HOMELESS AND FORMERLY HOMELESS PEOPLE WHO REVIEW THE PAPER'S CONTENT.

    Expenses $436,226 · Revenue $187,864

  • VENDOR SERVICES: WE RUN A COMPREHENSIVE VENDOR SERVICES PROGRAM THAT PROVIDES A LOW BARRIER EMPLOYMENT OPPORTUNITY TO HOMELESS AND LOW INCOME PEOPLE EVERY YEAR. OUR VENDORS BUY PAPERS FROM REAL CHANGE FOR $0.60 EACH AND SELL THEM ON THE STREET FOR $2.00. IN 2022-2023, VENDORS SOLD APPROXIMATELY 241,000 PAPERS, COLLECTIVELY EARNING OVER $880,000. REAL CHANGE PROVIDES A LOW THRESHOLD SELF-EMPLOYMENT OPPORTUNITY FOR THOSE WHO, IN MOST CASES, WOULD FACE SERIOUS CHALLENGES FINDING OR MAINTAINING REGULAR EMPLOYMENT.

    Expenses $402,650

  • ADVOCACY AND ORGANIZING: REAL CHANGE LEVERAGES THE RELATIONSHIPS THAT EXIST BETWEEN OUR VENDORS AND READERS TO BUILD A CROSS CLASS MOVEMENT FOR ECONOMIC AND RACIAL JUSTICE. WE CONTINUE TO ADVOCATE FOR PROGRESSIVE REVENUE SOURCES TO ADDRESS THE SHORTAGE OF AFFORDABLE HOUSING AND WRAP AROUND SERVICES FOR THOSE EXPERIENCING HOMELESSNESS.

    Expenses $297,255

As filed on the 2022 return.

Listed in Part VII

  • Camilla Walter

    EXECUTIVE DIRECTOR

    Total calculated
    $103,486
    From this org
    $95,231
    From related orgs
    $0
    Other
    $8,255
    Hours/week
    40

  • Yolanda Altamirano

    PRESIDENT

    Total calculated
    $0
    Hours/week
    4.5

  • Matthew Echohawk-Hayashi

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    2

  • Hannah Hunthausen

    SECRETARY

    Total calculated
    $0
    Hours/week
    1.5

  • Breanne Schuster

    TREASURER

    Total calculated
    $0
    Hours/week
    3.5

  • Shelly Cohen

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0

  • Lorenzo Dabenzo

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Dimitri Groce

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Maria Elena Ramirez

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5

  • Felicia Salcedo

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5

  • Jim Lauinger

    DIRECTOR (THROUGH 04/2022)

    Total calculated
    $0
    Hours/week
    2.25

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
15 February 2024
IRS schema version
2022v5.0
Source object
202420459349300312

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