Center For Jobs And The Economy
- Assets
- $37.4k
- Revenue
- $179.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Sacramento, CA
- Founding
- 09/2013
- Data as of
- 12/2021
- EIN
- 35-2478507
Organization Overview
Center For Jobs And The Economy is located in Sacramento, CA. The organization was established in 2013. According to its NTEE Classification (J01) the organization is classified as: Alliances & Advocacy, 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. Center For Jobs And The Economy 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, Center For Jobs And The Economy generated $179.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (11.8%) each year. All expenses for the organization totaled $191.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.0%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
CONTRIBUTE INSIGHTS & INFO TO THE PUBLIC POLICY DISCOURSE ON CA'S EMPLOYMENT & ECONOMIC CLIMATE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONDUCTED TIMELY AND VALUABLE ECONOMIC RESEARCH ON KEY ISSUES FOR THE CALIFORNIA ECONOMY AND CONTINUED TO DELIVER MONTHLY JOBS REPORTS, TRADE REPORTS, ENERGY PRICE UPDATES AND QUARTERLY EV SALES REPORTS.LAUNCHED CALIFORMERS, A WEBSITE DEDICATED TO TRACKING CALIFORNIA BUSINESSES LEAVING THE STATE.CONTINUED TO ELEVATE ATTENTION FOR THE RECENTLY RELEASED THE AFFORDABILITY INDEX WHICH BASED ON A SET OF KEY ECONOMIC INDICATORS MEASURABLY DISPLAYS THE IMPACT CALIFORNIA'S AFFORDABILITY CHALLENGES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Lapsley President | OfficerTrustee | 1 | $0 |
Kirk Clark Secretary/treasurer | OfficerTrustee | 1 | $0 |
Tom Conley Director | Trustee | 1 | $0 |
Jerry Carnahan Director | Trustee | 1 | $0 |
Ron Cohen Director | Trustee | 1 | $0 |
Brooke Armour Vice President | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Mb Public Affairs Public Affairs | 12/30/16 | $130,025 |
Id Media Partners Website Design | 12/30/16 | $106,034 |
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 | $179,189 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $179,189 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $179,189 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,325 |
| Fees for services: Accounting | $7,300 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $85,150 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $68,750 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $27,760 |
| Insurance | $500 |
| All other expenses | $0 |
| Total functional expenses | $191,845 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,762 |
| Savings and temporary cash investments | $2,571 |
| 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 | $24,085 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $37,418 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $37,418 |
| 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 | $37,418 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Center For Jobs And The Economy has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Pasadena Community Foundation Pasadena, CA PURPOSE: General Support | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
California Alliance For Jobs Sacramento, CA | $6,038,417 | $3,530,973 |
San Francisco Apartment Association San Francisco, CA | $2,302,341 | $1,784,441 |
Him For Her Inc Oakland, CA | $1,716,312 | $2,511,922 |
Smacna Columbia Chapter Portland, OR | $2,111,957 | $1,356,476 |
Voz Workers Rights Education Project Portland, OR | $1,004,281 | $955,718 |
Committee On Jobs San Francisco, CA | $1,464,807 | $693,718 |
Interfaith Movement For Human Integrity Oakland, CA | $1,176,689 | $898,241 |
Cfa Society Of Los Angeles Incorporated Sherman Oaks, CA | $2,450,980 | $767,466 |
California Alarm Association Woodland Hills, CA | $122,258 | $604,649 |
Escrow Institute Of California San Diego, CA | $374,060 | $203,963 |
Douglas Timber Operators Roseburg, OR | $207,125 | $271,097 |
Cyber Proud Inc Sacramento, CA | $104,146 | $339,581 |