Cogum Global
- Assets
- $5.5m
- Revenue
- $691.3k
- Investments
- $0.0
- Employees
- 2
- Location
- Rock Hill, SC
- Founding
- 10/2012
- Data as of
- 12/2021
- EIN
- 45-3620353
Organization Overview
Cogum Global is located in Rock Hill, SC. The organization was established in 2012. According to its NTEE Classification (K30) the organization is classified as: Food Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 12/2021, Cogum Global employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cogum Global 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, Cogum Global generated $691.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 24.8% each year . All expenses for the organization totaled $548.7k during the year ending 12/2021. 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
THE ORGANIZATIONS PRIMARY OBJECTIVE IS TO PROVIDE AFFORDABLE HOUSING TO LOWER-INCOME FAMILIES AND AID IN SUPPORTING POVERSHED FAMILIES WITH CLOTHING, GROCERY, ETC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COGUM IS PROUD TO FOCUS ON ECONOMIC AND COMMUNITY DEVELOPMENT AND STABILIZATION IN NORTH CAROLINA AND SOUTH CAROLINA. CURRENTLY WE ARE AIDING THE HOUSING NEEDS AND PERSONAL NEEDS OF COMMUNITY MEMBERS IN CHAR-MECK, NC, AND ROCK HILL, SC COMMUNITIES. OUR CURRENT COMMUNITY DEVELOPMENT PROJECT, WOODLAND PARK, IS MADE-UP OF 67 SINGLE FAMILY RESIDENTIAL UNITS, NEAR THE HEART OF DOWNTOWN ROCK HILL, SC. THROUGHOUT THE LAST 36 MONTHS, WE HAVE RE-INVESTED PROCEEDS TO REHABILITATE 62 HOMES
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vincent James II Treasurer | Trustee | 40 | $0 |
Francisco Morales Vice President | Trustee | 6 | $0 |
Delores Morales Secretary | Trustee | 6 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $363 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $690,883 |
| 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 | $691,314 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $13,799 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $6,000 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $26,160 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,460 |
| 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 | $0 |
| Advertising and promotion | $2,643 |
| Office expenses | $3,234 |
| Information technology | $6,287 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,682 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $108,058 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $147,051 |
| Insurance | $24,842 |
| All other expenses | $83,533 |
| Total functional expenses | $548,709 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $44,231 |
| 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 | $3,889,029 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,570,551 |
| Total assets | $5,503,811 |
| Accounts payable and accrued expenses | $60,897 |
| 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 | $4,591,644 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $7,974 |
| Total liabilities | $4,660,515 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $843,296 |
| 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 | $5,503,811 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Council Services Inc Americus, GA | $11,942,180 | $9,376,326 |
Second Helpings Atlanta Inc Atlanta, GA | $1,164,616 | $7,933,266 |
Georgia Nutritional Services Inc Conyers, GA | $1,305,106 | $6,913,092 |
Food Runners Collaborative Inc Raleigh, NC | $2,926,900 | $1,721,680 |
Fill Ministries Inc Cumming, GA | $1,776,201 | $2,103,898 |
The Harvest Center Of Charlotte Inc Charlotte, NC | $6,077,688 | $1,147,805 |
Farmer Foodshare Inc Durham, NC | $324,033 | $995,510 |
Place Of Hope Ministries Inc Morrow, GA | $92,380 | $1,320,224 |
Nourishnc Inc Wilmington, NC | $2,811,192 | $1,992,250 |
A Place At The Table Raleigh, NC | $1,734,822 | $1,324,238 |
Feeding Avery Families Banner Elk, NC | $1,165,335 | $1,382,285 |
Healthy Choice Nutritional Program Columbus, GA | $122,643 | $1,004,566 |