Community Economics Laboratory
- Assets
- $1.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Albuquerque, NM
- Founding
- 01/2011
- Data as of
- 12/2021
- EIN
- 26-4095233
Organization Overview
Community Economics Laboratory, operating under the name Community Economics Laboratory Inc, is located in Albuquerque, NM. The organization was established in 2011. According to its NTEE Classification (J05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Economics Laboratory Inc 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 12/2021, Community Economics Laboratory Inc generated $36.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.0% each year. All expenses for the organization totaled $150.6k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
COMMUNITY ECONOMICS LABORATORY EXPLORED AND REPORTED ON NEW AND INNOVATIVE WAYS TO IMPROVE THE WORKFORCE AND ECONOMY IN AREAS THAT ARE CONSTRAINED BY LABOR AND CAPITAL THUS ASSISTING IN THE OVERALL DEVELOPMENT OF THOSE COMMUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sarah Crichlow Secretary / Executive Director | 35 | $38,596 | |
Birga Alden Program Director | 35 | $24,783 | |
Deborah Burns President | 2 | $20,000 | |
Kim Nunley Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $36,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $36,000 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $93,651 |
| Professional fees and other payments to independent contractors | $38,473 |
| Occupancy, rent, utilities, and maintenance | $18,473 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $150,597 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,721 |
| Other assets | $0 |
| Total assets | $1,721 |
| Total liabilities | $77,412 |
| Net assets or fund balances | -$75,691 |
Grants Awarded
Over the last fiscal year, Community Economics Laboratory has awarded $45,811 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Bowling Green, KY PURPOSE: Economic development | $39,811 |
HAMRICK ENTERPRISE DEVELOPMENT PURPOSE: Economic development | $6,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Community Economics Laboratory has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
The Guadalupe Institute Albuquerque, NM PURPOSE: CHARITABLE | $5,000 |
The Guadalupe Institute Albuquerque, NM PURPOSE: CHARITABLE | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Workforce Resource Inc Wichita Falls, TX | $912,226 | $10,163,355 |
Colorado Center For Nursing Excellence Denver, CO | $4,960,902 | $2,948,407 |
New Mexico Caregivers Coalition Bernalillo, NM | $801,552 | $489,232 |
Fm Research And Information Center Houston, TX | $0 | $618,127 |
Community Economics Laboratory Albuquerque, NM | $1,721 | $0 |