Form 990 for tax year 2022
Filed by ADELANTE COMMUNITY DEVELOPMENT.
Totals
- Total revenue
- $840,279
- Total expenses
- $764,107
- Contributions and grants received
- $838,259
- Grants paid
- $0
- Program service revenue
- $2,000
- Investment income
- $0
- Other revenue
- $20
- Total assets, end of year
- $950,590
- Total liabilities, end of year
- $861,938
- Net assets or fund balances, end of year
- $88,652
- Program services expenses (Part IX)
- $533,406
- Management and general expenses
- $150,322
- Fundraising expenses
- $80,379
- Program service expenses (Part III)
- $533,406
Program services were 69.8% 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)
$503,545
-
1f · All other contributions, gifts and grants
$334,714
-
2a · Program service revenue: PROGRAM SERVICE FEES
total $2,000 · related or exempt $2,000
-
3 · Investment income
total $0
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11a · Other revenue: OTHER
total $20 · related or exempt $20
-
11e · Other revenue, total
$20
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $152,094 · program services $98,861 · management and general $38,024 · fundraising $15,209
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $72,749 · program services $47,998 · management and general $968 · fundraising $23,783
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $31,819 · program services $20,783 · management and general $5,518 · fundraising $5,518
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $1,614 · management and general $1,614
-
11c · Fees: accounting
total $40,791 · management and general $40,791
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $266,534 · program services $195,899 · management and general $49,086 · fundraising $21,549
-
12 · Advertising and promotion
total $32,263 · program services $29,037 · management and general $1,613 · fundraising $1,613
-
13 · Office expenses
total $11,078 · program services $7,236 · management and general $1,921 · fundraising $1,921
-
14 · Information technology
total $19,186 · program services $12,532 · management and general $3,327 · fundraising $3,327
-
15 · Royalties
total $0
-
16 · Occupancy
total $50,409 · program services $45,368 · management and general $2,521 · fundraising $2,520
-
17 · Travel
total $7,738 · program services $5,054 · management and general $1,342 · fundraising $1,342
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $2,842 · program services $1,856 · management and general $493 · fundraising $493
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $731 · program services $477 · management and general $127 · fundraising $127
-
23 · Insurance
total $0
-
24a · Other expenses: DIRECT PROGRAM EXPENSE
total $57,094 · program services $57,094
-
24b · Other expenses: DUES & SUBSCRIPTIONS
total $17,165 · program services $11,211 · management and general $2,977 · fundraising $2,977
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $154,953 · end of year $948,223
-
2 · Savings and temporary cash investments
end of year $0
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $0
-
10a · Land, buildings and equipment: cost or other basis
$3,098
-
10b · Land, buildings and equipment: accumulated depreciation
$731
-
10c · Land, buildings and equipment, net
end of year $2,367
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $16,167 · end of year $1,977
-
23 · Secured mortgages and notes payable
beginning of year $75,000 · end of year $62,762
-
24 · Unsecured notes and loans payable
beginning of year $47,500 · end of year $51,068
-
25 · Other liabilities
end of year $746,131
-
27 · Net assets without donor restrictions
beginning of year $16,286 · end of year $74,208
-
28 · Net assets with donor restrictions
end of year $14,444
Mission and programs · 2022
Mission
TO ADVANCE ECONOMIC AND EDUCATIONAL OPPORTUNITIES FOR LATINOS THROUGH IMPACTFUL PARTNERSHIPS WITH BUSINESS, FAMILIES, AND COMMUNITY STAKEHOLDERS.
-
HEALTH EQUITY PROGRAM: Adelante focuses on providing access through referral to the most basic health services. Health disparities have disproportionately harmed our Spanish-speaking and immigrant community by historically excluding our community members from having insurance coverage and limited knowledge of health resources and how to access critical care. We know that health success is integral to economic success. Healthy entrepreneurs are essential for communities to thrive.
Expenses $357,411 · Revenue $2,000
-
ENTREPRENEURSHIP PROGRAM:Adelante is proudly pioneering the growth of the Spanish-speaking start-up ecosystem in Colorado, fostering innovation, health equity, and economic mobility within our vibrant and diverse community. Adelante Community Development is a one-stop shop for Spanish-speaking entrepreneurs and their families. We focus on the whole person, and their well-being by providing education and support with technical skills, essential digital and business skills, health, and wellness as well as resource and referral. Our focus is on creating economic mobility and equitable community assets. Understanding the challenges entrepreneurs face in navigating complex regulations, we have developed new resources and tools to support them in this crucial aspect of their business journey. We offer comprehensive guides, checklists, and interactive workshops to help entrepreneurs better understand and comply with various legal and compliance requirements. By demystifying these complexities, we empower entrepreneurs to focus on their core business operations and growth, confident in their ability to navigate the regulatory landscape.
Expenses $175,995
As filed on the 2022 return.
Listed in Part VII
-
Maria GonzalezMARIA GONZALEZ
Executive Dir.
- Total calculated
- $152,094
- From this org
- $152,094
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $152,094
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- $152,094
-
Vanessa HuertaVANESSA HUERTA
Director
- Total calculated
- $0
- Hours/week
- 0
-
Nancy FlockNANCY FLOCK
Director
- Total calculated
- $0
- Hours/week
- 0
-
Rocio PerezROCIO PEREZ
Director
- Total calculated
- $0
- Hours/week
- 0
-
Jimmy BurdsJIMMY BURDS
Director
- Total calculated
- $0
- Hours/week
- 0
-
Diana BustillosDIANA BUSTILLOS
Director
- Total calculated
- $0
- Hours/week
- 0
-
Ana Carolina Trevino TejadaANA CAROLINA TREVINO TEJADA
Director
- Total calculated
- $0
- Hours/week
- 0
-
Juan GallegosJUAN GALLEGOS
Vice President
- Total calculated
- $0
- Hours/week
- 0
-
Priscilla Orozco-GarciaPRISCILLA OROZCO-GARCIA
Treasurer
- Total calculated
- $0
- Hours/week
- 0
-
Yasmin GonzalezYASMIN GONZALEZ
Secretary
- Total calculated
- $0
- Hours/week
- 0
-
Cristal Corral MaciasCRISTAL CORRAL MACIAS
President
- Total calculated
- $0
- Hours/week
- 0
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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 14 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202303199349319755
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