Cooperative Metropolitan Ministries
- Assets
- $95.6k
- Revenue
- $183.3k
- Investments
- $0.0
- Employees
- 6
- Location
- Newton, MA
- Founding
- 03/1967
- Data as of
- 06/2022
- EIN
- 04-6137247
Organization Overview
Cooperative Metropolitan Ministries is located in Newton, MA. The organization was established in 1967. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, under the broad grouping of Housing & Shelter and related organizations. As of 06/2022, Cooperative Metropolitan Ministries employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cooperative Metropolitan Ministries is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Cooperative Metropolitan Ministries generated $183.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $220.0k during the year ending 06/2022. While expenses have increased by 1.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF COOPERATIVE METROPOLITAN MINISTRIES (CMM) IS TO MOBILIZE CONGREGATIONS AND COMMUNITIES ACROSS ECONOMIC, RELIGIOUS, RACIAL, AND ETHNIC BOUNDARIES SO THAT, IN PARTNERSHIP, WE CAN WORK MORE EFFECTIVELY FOR A JUST AND PEACEFUL SOCIETY AND FOR SPIRITUAL GROWTH AND INTERFAITH UNDERSTANDING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INTERFAITH YOUTH INITIATIVE (IFYI): DURING THE SUMMER, THE IFYI PROGRAM BRINGS TOGETHER HIGH SCHOOL AND COLLEGE YOUTH FROM DIFFERENT RELIGIOUS TRADITIONS TO LIVE AND LEARN TOGETHER, AND TO LEARN FROM ONE ANOTHER, IN THE SPIRIT OF BUILDING INTERFAITH UNDERSTANDING. GRADUATE THEOLOGICAL STUDENTS ARE LEADERS AND MENTORS DURING THE SUMMER PROGRAM AND DURING FOLLOW-UP PROGRAMS THROUGHOUT THE YEAR.
THE PURPOSE OF BOSTON BRIDGES IS TO PROVIDE OUTSTANDING INDIVIDUALS THE OPPORTUNITY TO DEVELOP SUSTAINED RELATIONSHIPS WITH PEERS FROM DIFFERENT RELIGIOUS AND CULTURAL CONTEXTS, AND TO REFINE AND DEEPEN THEIR LEADERSHIP SKILLS FOR SERVICE IN A DIVERSE SOCIETY.
SPIRITUALITY AND HEALING: THROUGH ITS RUAH AND OTHER PROGRAMS, CMM SEEKS TO ENCOURAGE DIALOGUE AND INTERFAITH UNDERSTANDING, AS WELL AS TRANSFORMATIVE AND CREATIVE FORMS AND PRACTICES OF SPIRITUALITY IN THE CONTEXT OF THE URGENT REALITIES OF OUR WORLD, THROUGH WORKSHOPS, CLASSES, RETREATS AND OTHER EDUCATIONAL FORUMS.
SOCIAL JUSTICE: UNDER THE CONSTRUCT OF "JUST PEACE", CMM LEADS AND COLLABORATES WITH OTHER ORGANIZATIONS IN PROGRAMS TO PROMOTE SOCIAL JUSTICE IN MANY AREAS, INCLUDING HOUSING AND HOMELESSNESS, YOUTH VIOLENCE, UNDER-EMPLOYMENT, DISCRIMINATION, AND RE-ENTRY AFTER INCARCERATION. IN 2015, CMM INITIATED A NEW PROGRAM CALLED "VALUES OVER VIOLENCE" WHICH SEEKS, AMONG OTHER GOALS, TO WORK WITH YOUTH TO CHOOSE NON-VIOLENT WAYS OF DEALING WITH CONFLICT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rev Dr Rodney L Petersen Executive Di | Officer | 5 | $0 |
Rev Dr David Killian President | OfficerTrustee | 5 | $0 |
Rahim Abrishamian Chair | OfficerTrustee | 5 | $0 |
Jenny Bonham-Carter Vice Preside | OfficerTrustee | 5 | $0 |
Hubert Williams Vice Preside | OfficerTrustee | 5 | $0 |
Dr Alice Kidder Clerk | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $179,682 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $179,682 |
| Total Program Service Revenue | $0 |
| Investment income | $3,588 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $183,270 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $95,500 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $37,788 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $1,967 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,562 |
| Advertising and promotion | $1,553 |
| Office expenses | $9,242 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $9,627 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $8,420 |
| All other expenses | $1,470 |
| Total functional expenses | $219,975 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $52,110 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $43,470 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $95,580 |
| Accounts payable and accrued expenses | $7,025 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $7,025 |
| Net assets without donor restrictions | $88,555 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $95,580 |