Council For Community And Economic Research
- Assets
- $944.7k
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 0
- Location
- Arlington, VA
- Founding
- 12/1964
- Data as of
- 12/2023
- EIN
- 47-6034376
Organization Overview
Council For Community And Economic Research is located in Arlington, VA. The organization was established in 1964. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood 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. Council For Community And Economic Research is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2023, Council For Community And Economic Research generated $1.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $1.9m during the year ending 12/2023. While expenses have increased by 5.2% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
C2ER IS A MEMBERSHIP ORGANIZATION PROMOTING EXCELLENCE AND LEADERSHIP AMONG PRACTITIONERS IN SUPPORT OF COMMUNITY, ECONOMIC, AND WORKFORCE RESEARCH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL CONFERENCE/TRAINING AND EDUCATION SERVICES/TECHNICAL ASSISTANCE - TO CONDUCT PROGRAMS THAT PROMOTE EXCELLENCE IN COMMUNITY AND ECONOMIC RESEARCH BY IMPROVING DATA AVAILABILITY, ENHANCE DATA QUALITY, AND FOSTER LEARNING ABOUT REGIONAL ECONOMIC ANALYTICAL METHODS.
COST OF LIVING INDEX - HAS BEEN PUBLISHED BY C2ER SINCE 1968 AND HAS BEEN THE MOST CONSISTENT SOURCE OF CITY-TO-CITY COST COMPARISONS AVAILABLE. PUBLISHED QUARTERLY, USING OVER 60 GOODS AND SERVICES COLLECTED AT THE LOCAL LEVEL FROM OVER 300 INDEPENDENT RESEARCHERS, COST OF LIVING INDEX DATA IS AVAILABLE AT THE METROPOLITAN STATISTICAL AREA (MSA) LEVEL AND AT THE COUNTRY LEVEL. DATA IS RELEASED ON A QUARTERLY BASIS, WITHIN 2 TO 3 MONTHS AFTER ITS COLLECTION.
MEMBERSHIP DUES - C2ER IS A MEMBERSHIP ORGANIZATION COMMITTED TO DEVELOPING AND ENGAGING A DIVERSE MEMBERSHIP TO ELEVATE DATA DRIVEN DECISION MAKING. THERE ARE THREE MEMBERSHIP LEVELS: BASIC ($380), PLUS ($760), AND PREMIUM ($1,162). INVOICES ARE PROCESSED IN JUNE OR DECEMBER DEPENDING ON WHEN THE MEMBERS JOINED C2ER. MEMBERSHIP BENEFIT INCLUDES; MEMBERSHIP DIRECTORY ACCESS, FREE ACCESS TO LIVE AND RECORDED WEBINARS, CONFERENCE AND TRAINING (IN PERSON OR ELEARNING) 20% FEE DISCOUNT, C2ER BIWEEKLY UPDATES ON INDUSTRY NEWS, C2ER BOARD MEMBER ELIGIBILITY, CERTIFIED ECONOMIC RESEARCH PROFESSIONAL (CERP) ELIGIBILITY.
LABOR MARKET INFORMATION PROJECTIONS MANAGING PARTNERSHIP: THE LMI INSTITUTE ADVANCES THE USE OF LABOR MARKET INFORMATION AND WORKFORCE INTELLIGENCE IN SUPPORT OF DECISION-MAKING RELATED TO WORKFORCE DEVELOPMENT, ECONOMIC DEVELOPMENT, EDUCATION AND OTHER RELEVANT POLICY AREAS. THE PROJECTIONS MANAGING PARTNERSHIP MAINTAINS THE NATIONAL INFRASTRUCTURE FOR THE PRODUCTION OF STATE AND SUB-STATE INDUSTRY AND OCCUPATIONAL EMPLOYMENT PROJECTIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laura Coleman Director | Trustee | 2 | $0 |
Angela Ladetto Chair | OfficerTrustee | 1 | $0 |
Keith Bailey Chair-Elect | OfficerTrustee | 1 | $0 |
Carol Rogers Vice Chair | OfficerTrustee | 1 | $0 |
Matt Kodis Director | Trustee | 1 | $0 |
Brittany Lacour Deal 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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $1,822,339 |
| Investment income | $5,361 |
| 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 | $1,852,521 |
| 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 | $1,385,572 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,225 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $121,961 |
| Advertising and promotion | $3,184 |
| Office expenses | $3,535 |
| Information technology | $15,722 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $26,219 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $233,457 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,849 |
| All other expenses | $1,351 |
| Total functional expenses | $1,879,475 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $629,604 |
| Savings and temporary cash investments | $158,919 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $125,722 |
| 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 | $30,439 |
| 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 | $944,684 |
| Accounts payable and accrued expenses | $82,111 |
| Grants payable | $0 |
| Deferred revenue | $490,769 |
| 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 | $572,880 |
| Net assets without donor restrictions | $371,804 |
| 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 | $944,684 |