East Chicago Urban Enterprise Association Inc is located in East Chicago, IN. The organization was established in 1991. According to its NTEE Classification (S31) the organization is classified as: Urban & Community Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2021, East Chicago Urban Enterprise Association Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. East Chicago Urban Enterprise Association Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
FOSTER ECONOMIC GROWTH IN THE CITY OF EAST CHICAGO, IN
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING FOR AND SUPPORTING THE RESIDENTS AND BUSINESSES OF THE EAST CHICAGO ENTERPRISE ZONE THROUGH PARTNERSHIPS AND TAX INCENTIVES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Annmarie Madera Business Manager | Officer | 40 | $37,686 |
Ron Komendat Secretary | OfficerTrustee | 1 | $3,600 |
Manuel Martinez Vice Chairman | OfficerTrustee | 1 | $3,600 |
Terrence Velligan Chairman | OfficerTrustee | 1 | $3,600 |
Catherine Thomas Treasurer | OfficerTrustee | 1 | $3,600 |
Kimberly Edwards Board Member | Trustee | 1 | $3,600 |
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 | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | -$124,087 |
Investment income | $25,730 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$103,940 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | -$201,193 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $5,000 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $99,636 |
Compensation of current officers, directors, key employees. | $9,963 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $26,281 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $5,311 |
Fees for services: Management | $47,500 |
Fees for services: Legal | $18,244 |
Fees for services: Accounting | $3,490 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $8,250 |
Fees for services: Other | $826 |
Advertising and promotion | $806 |
Office expenses | $12,867 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $263 |
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 | $8,703 |
Insurance | $1,325 |
All other expenses | $0 |
Total functional expenses | $247,770 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $1,553,555 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $30,767 |
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 | $1,693 |
Net Land, buildings, and equipment | $333,635 |
Investments—publicly traded securities | $771,723 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $3,370,475 |
Total assets | $6,061,848 |
Accounts payable and accrued expenses | $0 |
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 | $3,370,475 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $1,194 |
Total liabilities | $3,371,669 |
Net assets without donor restrictions | $0 |
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 | $2,690,179 |
Total liabilities and net assets/fund balances | $6,061,848 |
Organization Name | Assets | Revenue |
---|---|---|
Milwaukee Economic Development Corp Milwaukee, WI | $129,937,785 | $4,507,113 |
The Center Of Workforce Innovations Inc Valparaiso, IN | $2,958,255 | $14,608,336 |
World Business Chicago Chicago, IL | $9,302,792 | $9,942,081 |
Enlace Chicago Chicago, IL | $7,912,354 | $9,016,287 |
West Central Indiana Economic Development District Inc Terre Haute, IN | $2,629,970 | $4,624,225 |
Common Wealth Development Inc Madison, WI | $16,900,042 | $3,774,568 |
Evansville Vanderburgh County Convention & Visitors Bureau Inc Evansville, IN | $5,490,585 | $3,551,749 |
Milwaukee Urban Strategic Investment Corp Milwaukee, WI | $23,035,863 | $4,044,506 |
Far South Cdc Chicago, IL | $4,303,074 | $2,694,787 |
Northwest Side Community Development Corporation Milwaukee, WI | $11,140,702 | $4,254,876 |
Wepower Saint Louis, MO | $83,554 | $1,807,746 |
Capitalplus Exchange Corporation Skokie, IL | $2,405,541 | $1,079,242 |