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← CORNERSTONE CENTER FOR ECONOMIC OPPORTUNITY

Form 990-EZ for tax year 2022

Filed by CORNERSTONE CENTER FOR ECONOMIC OPPORTUNITY.

Totals

Total revenue
$144,250
Total expenses
$128,867
Contributions and grants received
$144,250
Grants paid
$78,879
Program service revenue
not reported
Membership dues (line 3)
not reported
Investment income (line 4)
not reported
Gain or loss on sale of assets (line 5c)
not reported
Gaming and fundraising events, net (line 6d)
not reported
Gross profit on inventory sales (line 7c)
not reported
Other revenue (line 8)
not reported
Total assets, end of year
$137,200
Total liabilities, end of year
not reported
Net assets or fund balances, end of year
$137,200
Program service expenses (Part III)
$128,867

Program services were 100.0% of total expenses calculated — Part III's total program service expenses over total expenses, both as filed.

Mission and programs · 2022

Primary exempt purpose

CCEO WORKS WITH MEMBERS OF THE SOUTH DALLAS COMMUNITY TO START AND BUILD BUSINESSES THAT SERVE THE COMMUNITY, AS WELL AS PROVIDE EMPLOYMENT. CCEO ADDRESSES THE MANY ISSUES FACING THE SOUTH DALLAS COMMUNITY, INCLUDING SPIRITUAL, SOCIAL, ECONOMIC, ADDICTION, AND OTHER AT-RISK CHALLENGES THAT HAVE STRIPPED RESIDENTS OF THE OPPORTUNITY TO IMPROVE THEIR LIVES AND THE LIVES OF THEIR CHILDREN.

  • IN 2022, CCEO WORKED WITH INDIVIDUALS AND BUSINESSES IN SOUTH DALLAS TO EMPOWER ADULTS FACING SOCIAL, ECONOMIC, ADDICTION AND OTHER AT-RISK CHALLENGES THROUGH DIGNIFIED, MEANINGFUL TRAINING. THE GOAL BEING TO PROVIDE ASSISTANCE WITH THE START UP OF SMALL BUSINESSES AND NON-PROFITS IN THE SOUTH DALLAS AREA. IN 2022, CCEO PROVIDED FUNDS AND BUSINESS CONSULTING TO OVER ONE HUNDRED BUSINESSES AND NON-PROFITS. MANY OTHERS HAVE BEGUN THE PROCESS OF BUSINESS PLANNING. GRANTS DURING 2022 TOTALED $78,879.

    Expenses $128,867 · Grants $78,879

As filed on the 2022 return.

Listed in Part IV

  • ANDREW J WILEMAN

    DIRECTOR/CHAIRM

    Total calculated
    $0
    Compensation
    $0
    Benefit plans
    not reported
    Expense account
    not reported
    Hours/week
    8
  • CHRISTOPHER L SIMMONS SR

    DIRECTOR/SEC

    Total calculated
    $12,000
    Compensation
    $12,000
    Benefit plans
    not reported
    Expense account
    not reported
    Hours/week
    2
  • GREG LAMB

    Director

    Total calculated
    $0
    Compensation
    $0
    Benefit plans
    not reported
    Expense account
    not reported
    Hours/week
    1
  • THANA HICKMAN-SIMMONS

    Director

    Total calculated
    $0
    Compensation
    $0
    Benefit plans
    not reported
    Expense account
    not reported
    Hours/week
    1
  • SUSAN LINCOLN

    Director

    Total calculated
    $0
    Compensation
    $0
    Benefit plans
    not reported
    Expense account
    not reported
    Hours/week
    1
  • JOE HENRY

    Director

    Total calculated
    $0
    Compensation
    $0
    Benefit plans
    not reported
    Expense account
    not reported
    Hours/week
    0
  • SHERIAN SMITH

    Director

    Total calculated
    $0
    Compensation
    $0
    Benefit plans
    not reported
    Expense account
    not reported
    Hours/week
    0

Compensation is as filed in Part IV of the Form 990-EZ: compensation, contributions to benefit plans, expense account, 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.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990_ez
Tax year
2022
Filed
9 November 2023
IRS schema version
2022v5.0
Source object
202333139349203203

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