Center For Opportunity Urbanism
- Assets
- $46.7k
- Revenue
- $311.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Houston, TX
- Founding
- 03/2015
- Data as of
- 12/2021
- EIN
- 47-2241225
Organization Overview
Center For Opportunity Urbanism, operating under the name Urban Reform Institute, is located in Houston, TX. The organization was established in 2015. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Urban Reform Institute 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 Reform Institute generated $311.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (7.6%) each year. All expenses for the organization totaled $322.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.2%) per year over the past 6 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
TO PROMOTE APPROACHES THAT ENABLE CITIES TO DRIVE OPPORTUNITIES FOR THE BULK OF THEIR CITIZENS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CENTER FOR OPPORTUNITY URBANISM (COU) EXAMINES ISSUES OF UPWARD MOBILITY, GROWTH AND PROSPERITY FOR ALL CITIZENS WITH PARTICULAR INTEREST IN HOW PLANNING AND ZONING DECISIONS CAN HAMPER OR SPARK ECONOMIC GROWTH. COU'S WORK FOCUSES ON KEY DEMOGRAPHIC CONCERNS, NOTABLY AROUND THE CRITICAL ISSUE OF FAMILIES, WHO GENERALLY SEEK OUT HOUSING THAT IS BOTH AFFORDABLE AND SPACIOUS ENOUGH TO RAISE CHILDREN. AND GOVERNANCE - THE QUESTION OF WHO MAKES DECISIONS ABOUT THE COMMONS - WILL ALSO BE A KEY AREA OF EXPLORATION. AN APPROACH THAT FOCUSES ON GOOD SCHOOLS, GOOD PARKS, DECENT JOBS AND STRONG NEIGHBORHOODS MAY NOT THRILL MANY ARCHITECTS, PUNDITS AND PLANNERS - WHO ALMOST INVARIABLY FAVOR EVER-DENSER DEVELOPMENT - BUT THEY DO MATTER TO MOST PEOPLE WHO LIVE IN URBAN AREAS. IN 2020, COU PUBLISHED MAJOR STUDIES ON "UPWARD MOBILITY IN THE UNITED STATES AND "THE DEMOGRAPHIA INTERNATIONAL HOUSING AFFORDABILITY INDEX" SPONSORED VIRTUAL EVENTS ON "OPPORTUNITY AND UPWARD MOBILITY FOR THE MIDDLE CLASS AND PRODUCED COMMENTARIES ON ECONOMIC GROWTH, GENTRIFICATION, DEMOGRAPHICS. UPWARD MOBILITY, AND AFFORDABILITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joel Kotkin Executive Director | Officer | 40 | $97,500 |
Tom Lile Chairman | OfficerTrustee | 1 | $0 |
Leo Linbeck III Vice Chairman | OfficerTrustee | 1 | $0 |
Michael Barnhart Treasurer | OfficerTrustee | 1 | $0 |
Alan Hassenflu Director | Trustee | 1 | $0 |
Larry Johnson 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 | $311,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $311,000 |
| 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 | $311,000 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $15,000 |
| 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 | $97,500 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $57,660 |
| Fees for services: Legal | $6,247 |
| Fees for services: Accounting | $14,503 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $74,500 |
| Advertising and promotion | $0 |
| Office expenses | $19,316 |
| Information technology | $5,228 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $3,786 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $322,906 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $46,673 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $46,673 |
| Accounts payable and accrued expenses | $8,548 |
| 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 | $8,548 |
| 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 | $38,125 |
| Total liabilities and net assets/fund balances | $46,673 |
Grants Awarded
Over the last fiscal year, Center For Opportunity Urbanism has awarded $15,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Houston, TX PURPOSE: BW2B FUNDRAISER PROGRAM | $10,000 |
HOUSTON PROFESSIONAL FIRE FIGHTERS ASSOCIATION CHARITABLE FOUNDATION PURPOSE: URBAN REFORM SPONSOR | $5,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Center For Opportunity Urbanism has recieved totaling $70,000.
| Awarding Organization | Amount |
|---|---|
Linbeck Family Charitable Tr Houston, TX PURPOSE: COMMUNITY IMPROVEMENT & CAPACITY BUILDING-URBAN & COMMUNITY ECONOMIC DEVELOPMENT | $35,000 |
Greater Houston Community Foundation Houston, TX PURPOSE: PUBLIC BENEFIT | $35,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Old Spanish Trail-Almeda Corridors Redevelopment Authority Houston, TX | $78,272,041 | $12,203,610 |
Centro Public Improvement District San Antonio, TX | $1,647,971 | $6,189,889 |
Maple Avenue Economic Development Corporation Of Dallas Dallas, TX | $11,933,705 | $3,299,961 |
White River Planning & Development Dist Inc Batesville, AR | $13,868,468 | $4,307,468 |
Covenant Community Capital Corporation Houston, TX | $9,362,906 | $2,210,165 |
Metafund Corporation Edmond, OK | $30,699,805 | $2,775,325 |
Sfs Development Inc Oklahoma City, OK | $22,888,253 | $6,807,080 |
Divinc Austin, TX | $1,242,173 | $2,296,391 |
The Pyramid Community Development Corporation Houston, TX | $3,288,918 | -$1,072,522 |
Technology & Entrepreneurship Center Of Houston Inc Houston, TX | $3,649,151 | $380,691 |
Regional Community Finance Inc New Orleans, LA | $27,779,646 | $1,353,772 |
Duncan Area Economic Development Foundation Duncan, OK | $17,794,309 | $1,169,335 |