Urban Core Collective
- Assets
- $555.5k
- Revenue
- $892.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Grand Rapids, MI
- Founding
- 10/2014
- Data as of
- 12/2021
- EIN
- 46-5227869
Organization Overview
Urban Core Collective is located in Grand Rapids, MI. The organization was established in 2014. According to its NTEE Classification (S19) the organization is classified as: Support N.E.C., under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Urban Core Collective 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, Urban Core Collective generated $892.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $622.3k during the year ending 12/2021. While expenses have increased by 12.6% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT MEMBER ORGANIZATIONS THAT WORK TO IMPROVE SERVICES TO THE COMMUNITY OF COLOR IN GRAND RAPIDS, MICHIGAN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORTING SERVICES FOR MEMBER ORGANIZATIONS THAT WORK TO IMPROVE SERVICES TO THE COMMUNITY OF COLOR IN GRAND RAPIDS, MICHIGAN.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Veneese Chandler Board Chair | OfficerTrustee | 1 | $0 |
Sonja Forte Director | Trustee | 1 | $0 |
Vanessa Greene Director | Trustee | 1 | $0 |
Eric Williams Director | Trustee | 1 | $0 |
Joseph Jones Director | Trustee | 1 | $0 |
Evelyn Esparza-Gonzalez Director | Trustee | 1 | $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 | $892,347 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $892,347 |
| 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 | $892,347 |
| 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 | $503,882 |
| Fees for services: Legal | $600 |
| Fees for services: Accounting | $1,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $10,049 |
| Advertising and promotion | $0 |
| Office expenses | $9,371 |
| Information technology | $7,771 |
| Royalties | $0 |
| Occupancy | $15,637 |
| Travel | $2,958 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,987 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,312 |
| All other expenses | $4,639 |
| Total functional expenses | $622,344 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $548,068 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $6,000 |
| 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 | $1,458 |
| 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 | $555,526 |
| Accounts payable and accrued expenses | $23,386 |
| 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 | $70,430 |
| Total liabilities | $93,816 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $461,710 |
| 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 | $555,526 |
Grants Awarded
Over the last fiscal year, Urban Core Collective has awarded $140,100 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
Grand Rapids, MI PURPOSE: CAPACITY BUILDING | $24,000 |
Grand Rapids, MI PURPOSE: CAPACITY BUILDING | $24,000 |
Grand Rapids, MI PURPOSE: CAPACITY BUILDING | $23,700 |
Grand Rapids, MI PURPOSE: CAPACITY BUILDING | $23,400 |
Grand Rapids, MI PURPOSE: CAPACITY BUILDING | $22,500 |
Grand Rapids, MI PURPOSE: CAPACITY BUILDING | $22,500 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Urban Core Collective has recieved totaling $593,500.
| Awarding Organization | Amount |
|---|---|
Grand Rapids Community Foundation Grand Rapids, MI PURPOSE: GENERAL OPERATING SUPPORT | $354,500 |
United States Energy Foundation San Francisco, CA PURPOSE: TO SUPPORT EDUCATION AND OUTREACH TO BUILD A CLEAN ENERGY FUTURE. | $75,000 |
Whyhunger Inc New York, NY PURPOSE: FIGHT HUNGER | $50,000 |
Tides Foundation San Francisco, CA PURPOSE: EQUITY, HUMAN RIGHTS, AND ECONOMIC EMPOWERMENT | $49,000 |
Frey Foundation Grand Rapids, MI PURPOSE: FEDERAL GRANT FUNDING ASSISTANCE | $45,000 |
Allied Media Projects Inc Detroit, MI PURPOSE: MAJIC MINI-GRANT & MEJD SUBGRANT | $12,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Northwest Central Indiana Community Partnerships Inc West Lafayette, IN | $12,143,513 | $4,878,239 |
Detroit Future City Detroit, MI | $3,886,880 | $3,923,868 |
Indianapolis Neighborhood Resource Center Inc Indianapolis, IN | $1,122,953 | $770,097 |
Brightstar Wisconsin Foundation Inc Milwaukee, WI | $10,555,163 | $1,965,225 |
Urban Core Collective Grand Rapids, MI | $555,526 | $892,347 |
Shared Enterprise Management Inc Lafayette, IN | $5,168,519 | $342,006 |
Southeast Indiana Chamber Foundation Inc Lawrenceburg, IN | $4,649 | $281,343 |
Community Renaissance Fund Port Huron, MI | $2,626,576 | $380,059 |
Hola Ohio Painesville, OH | $1,921,865 | $997,056 |
National Tooling And Machining Foundation Inc Cleveland, OH | $3,837,536 | $254,798 |
Cincinnati Computer Cooperative Cincinnati, OH | $289,058 | $172,416 |
Interior Designers Coalition For Change Livonia, MI | $119,556 | $0 |