Sustainable Economies Law Center
- Assets
- $8.0m
- Revenue
- $4.4m
- Investments
- $0.0
- Employees
- 72
- Location
- Oakland, CA
- Founding
- 08/2014
- Data as of
- 12/2022
- EIN
- 46-2210531
Organization Overview
Sustainable Economies Law Center is located in Oakland, CA. The organization was established in 2014. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. As of 12/2022, Sustainable Economies Law Center employed 72 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sustainable Economies Law Center 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 12/2022, Sustainable Economies Law Center generated $4.4m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 21.9% each year . All expenses for the organization totaled $3.9m during the year ending 12/2022. While expenses have increased by 23.7% per year over the past 5 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.
Since 2021, Sustainable Economies Law Center has awarded 13 individual grants totaling $1,878,651. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
WE PROVIDE LEGAL SERVICES, RESEARCH, EDUCATION, AND ADVOCACY TO ASSIST COMMUNITIES IN BUILDING THEIR OWN SUSTAINABLE SOURCES OF FOOD, WATER, HOUSING, ENERGY, JOBS, AND OTHER ASPECTS OF THRIVING COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SUSTAINABLE ECONOMIES LAW CENTER ENGAGES IN A WIDE RANGE OF ACTIVITIES TO SUPPORTTHE DEVELOPMENT OF MORE SUSTAINABLE ECONOMIES. HERE ARE SOME OF THE ACTIVITIES WECONDUCTED IN 2022:- CONTINUED TO OFFER LEGAL CAFES/CAFECITOS LEGALES ONLINE, THEREBYREACHING 475+ COOPS, MUTUAL AID GROUPS, NONPROFITS, LAND TRUSTS, AND OTHER SOCIALENTERPRISES- TAUGHT AND WROTE ABOUT LEGAL STRUCTURES FOR HOUSING JUSTICE, LANDSTEWARDSHIP, LAND TRANSFERS, AND LAND RETURN THROUGH OUR RADICAL REAL ESTATE LAWSCHOOL- DEVELOPED MATERIALS AND TAUGHT WORKSHOPS ON: WORKPLACE DEMOCRACY INNONPROFITS, DEMOCRATIZING LAND/HOUSING/FOOD/ENERGY, THE BLACK COOPERATIVE MOVEMENT,DEMOCRATIZING MONEY AND FINANCE, AND COOPERATIVE LEGAL RESOURCES GENERALLY-PROVIDEDLEGAL, POLICY, FINANCIAL, AND OPERATIONAL SUPPORT FOR EMERGING LAND STEWARDSHIPORGANIZATIONS AND IMMIGRANT-OWNED CO-OPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mwende Hinojosa President | OfficerTrustee | 30 | $90,944 |
Janelle Orsi Executive Dir. | Officer | 40 | $63,954 |
Hasmik Geghamyan Secretary | OfficerTrustee | 1.5 | $9,965 |
Eunice Kwon Treasurer | OfficerTrustee | 0.5 | $0 |
Deseree Fontenot Director | Trustee | 0.5 | $0 |
Adrien Salazar Director | Trustee | 0.5 | $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 | $4,049,151 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,049,151 |
| Total Program Service Revenue | $359,797 |
| Investment income | $23,482 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $7,200 |
| 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 | $4,439,630 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,238,644 |
| 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. | $164,863 |
| Compensation of current officers, directors, key employees. | $36,332 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,716,144 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $177,400 |
| Payroll taxes | $151,213 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $59,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $233,113 |
| Advertising and promotion | $858 |
| Office expenses | $44,249 |
| Information technology | $22,109 |
| Royalties | $0 |
| Occupancy | $48,660 |
| Travel | $22,393 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $21,849 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $20,931 |
| All other expenses | $0 |
| Total functional expenses | $3,934,146 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $560,915 |
| Savings and temporary cash investments | $7,066,882 |
| Pledges and grants receivable | $265,348 |
| Accounts receivable, net | $18,116 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $20,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $34,090 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $7,965,351 |
| Accounts payable and accrued expenses | $143,799 |
| Grants payable | $0 |
| Deferred revenue | $6,600 |
| 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 | $150,399 |
| Net assets without donor restrictions | $1,784,924 |
| Net assets with donor restrictions | $6,030,028 |
| 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 | $7,965,351 |
Grants Awarded
Over the last fiscal year, Sustainable Economies Law Center has awarded $1,230,451 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
EAST BAY PERMANENT REAL ESTAT | | | $894,500 |
HASTA MUERTE COFFEE | | | $36,375 |
PEOPLE POWER SOLAR COOPERATIV | | | $54,428 |
REPAIRED NATIONS | | | $191,000 |
RICE AND BEANS COOPERATIVE | | | $25,000 |
THE COOPERATIVE PROFESSIONALS | | | $21,140 |