Form 990 for tax year 2023
Filed by CENTER FOR ECONOMIC OPPORTUNITY AND BELONGING.
Totals
- Total revenue
- $732,597
- Total expenses
- $561,263
- Contributions and grants received
- $732,597
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $293,776
- Total liabilities, end of year
- $3,068
- Net assets or fund balances, end of year
- $290,708
- Program services expenses (Part IX)
- $539,543
- Management and general expenses
- $13,119
- Fundraising expenses
- $8,601
- Program service expenses (Part III)
- $539,543
Program services were 96.1% 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.
-
1e · Government grants (contributions)
$40,000
-
1f · All other contributions, gifts and grants
$692,597
-
1g · Noncash contributions included above
$139,500
-
11d · All other revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $100,000 · program services $90,000 · management and general $5,000 · fundraising $5,000
-
7 · Other salaries and wages
total $114,987 · program services $114,987 · management and general $0 · fundraising $0
-
8 · Pension plan contributions
total $6,450 · program services $6,150 · management and general $150 · fundraising $150
-
9 · Other employee benefits
total $45,150 · program services $42,672 · management and general $1,239 · fundraising $1,239
-
10 · Payroll taxes
total $26,943 · program services $25,527 · management and general $708 · fundraising $708
-
11b · Fees: legal
total $1,068 · program services $0 · management and general $1,068 · fundraising $0
-
11c · Fees: accounting
total $3,450 · program services $0 · management and general $3,450 · fundraising $0
-
11g · Fees: other
total $53,105 · program services $53,105 · management and general $0 · fundraising $0
-
12 · Advertising and promotion
total $53,000 · program services $53,000 · management and general $0 · fundraising $0
-
13 · Office expenses
total $15,037 · program services $12,029 · management and general $1,504 · fundraising $1,504
-
14 · Information technology
total $1,200 · program services $1,200 · management and general $0 · fundraising $0
-
16 · Occupancy
total $13,200 · program services $13,200 · management and general $0 · fundraising $0
-
17 · Travel
total $983 · program services $983 · management and general $0 · fundraising $0
-
19 · Conferences, conventions and meetings
total $33,421 · program services $33,421 · management and general $0 · fundraising $0
-
24a · Other expenses: Training
total $90,547 · program services $90,547 · management and general $0 · fundraising $0
-
24b · Other expenses: Dues/Subscriptions
total $1,203 · program services $1,203 · management and general $0 · fundraising $0
-
24c · Other expenses: Printing
total $1,519 · program services $1,519 · management and general $0 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
end of year $280,618
-
4 · Accounts receivable
end of year $3,968
-
9 · Prepaid expenses and deferred charges
end of year $9,190
-
17 · Accounts payable and accrued expenses
end of year $3,068
-
27 · Net assets without donor restrictions
end of year $190,708
-
28 · Net assets with donor restrictions
end of year $100,000
Mission and programs · 2023
Mission
Our mission is to engage with communities and catalyze private, public, and philanthropic partnerships to remedy opportunity gaps in economic opportunity, education, health, and housing in Utah.
-
Our mission is to engage with communities and catalyze private, public, and philanthropic partnerships to remedy opportunity gaps in economic opportunity, education, health, and housing in Utah.
Expenses $539,543 · Revenue $732,597
As filed on the 2023 return.
Listed in Part VII
-
Ze Min Xiao
President & CEO
- Total calculated
- $94,971
- From this org
- $56,392
- From related orgs
- $38,579
- Other
- $0
- Hours/week
- 40
-
Michael Gallegos
Chair
- Total calculated
- $0
- Hours/week
- 2
-
Jenny Mayer-Glenn
Vice Chair
- Total calculated
- $0
- Hours/week
- 1
-
Ian Shellady
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Byron Russell
Secretary
- Total calculated
- $0
- Hours/week
- 1
-
Nubia Pena
Director
- Total calculated
- $0
- Hours/week
- 1
-
Deneiva Knight
Director
- Total calculated
- $0
- Hours/week
- 1
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
- 11 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202423179349301607
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