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Nonprofiteer
← COOPERATIVE DEVELOPMENT INSTITUTE

Form 990 for tax year 2022

Filed by COOPERATIVE DEVELOPMENT INSTITUTE.

Totals

Total revenue
$3,738,343
Total expenses
$4,455,490
Contributions and grants received
$1,514,965
Grants paid
$0
Program service revenue
$1,817,731
Investment income
$22,512
Other revenue
$383,135
Total assets, end of year
$3,663,324
Total liabilities, end of year
$1,519,462
Net assets or fund balances, end of year
$2,143,862
Program services expenses (Part IX)
$4,192,192
Management and general expenses
$250,673
Fundraising expenses
$12,625
Program service expenses (Part III)
$4,192,192

Program services were 94.1% 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.

  • 1b · Membership dues

    $343,844

  • 1e · Government grants (contributions)

    $1,171,121

  • 2a · Program service revenue: Contract Income

    total $1,817,731 · related or exempt $1,817,731

  • 3 · Investment income

    total $22,512 · related or exempt $22,512

  • 11a · Other revenue: General Income

    total $8,141 · related or exempt $8,141

  • 11b · Other revenue: Reimbursed expenses

    total $6,492 · related or exempt $6,492

  • 11c · Other revenue: Federal credits&Funding

    total $368,502 · related or exempt $368,502

  • 11e · Other revenue, total

    $383,135

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $1,884,995 · program services $1,793,296 · management and general $86,223 · fundraising $5,476

  • 11g · Fees: other

    total $2,171,711 · program services $2,079,501 · management and general $91,850 · fundraising $360

  • 17 · Travel

    total $76,942 · program services $73,592 · management and general $3,350

  • 24a · Other expenses: Donations

    total $3,000 · program services $3,000

  • 24b · Other expenses: OH Rate cost

    total $17,934 · program services $17,934

  • 24c · Other expenses: Grants

    total $496 · program services $496

  • 24d · Other expenses: Operating expenses

    total $297,629 · program services $221,590 · management and general $69,250 · fundraising $6,789

  • 24e · All other expenses

    total $2,783 · program services $2,783

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,898,846 · end of year $3,060,187

  • 4 · Accounts receivable

    beginning of year $255,757 · end of year $453,382

  • 7 · Other notes and loans receivable

    beginning of year $217,491 · end of year $133,697

  • 9 · Prepaid expenses and deferred charges

    beginning of year $13,677 · end of year $16,058

  • 15 · Other assets

    beginning of year $500

  • 17 · Accounts payable and accrued expenses

    beginning of year $121,092 · end of year $47,004

  • 25 · Other liabilities

    beginning of year $416,119 · end of year $1,472,458

  • 27 · Net assets without donor restrictions

    beginning of year $2,849,060 · end of year $2,143,862

Mission and programs · 2022

Mission

Develop and Train Cooperatives

  • Cooperative Development & Assistance to cooperatives Assist Resident Owned Communities in fomation of Cooperative

    Expenses $2,490,261

  • In FY22, grants and other resources taken in for fiscal sponsorships was $1,949,498 and disbursements was $564,452 The surplus excluding this activity associated with fiscal sponsorships was $372,631. In FY23, grants and other resources taken in for fiscal sponsorships was $560,157 and disbursementswas $1,701,931. The surplus excluding this activity associated with fiscal sponsorships was $424,627

    Expenses $1,701,931 · Revenue $560,157

As filed on the 2022 return.

Listed in Part VII

  • DeJongh Wells

    Director

    Total calculated
    $0
    Hours/week
    2

  • Carolyn Edsell-Vetter

    Chair

    Total calculated
    $0
    Hours/week
    2

  • Jo Lum

    Director

    Total calculated
    $0
    Hours/week
    2

  • Arthur Sabiti

    Directorstaff representative

    Total calculated
    $0
    Hours/week
    2

  • Heiny Maldonado

    Director

    Total calculated
    $0
    Hours/week
    2

  • Maria Femandes-Dominique

    SecretaryTreasurer

    Total calculated
    $0
    Hours/week
    2

  • Maggie Cohn

    Director

    Total calculated
    $0
    Hours/week
    2

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
21 July 2024
IRS schema version
2022v5.0
Source object
202402039349300055

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