Comea Inc
- Assets
- $2.3m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 46
- Location
- Cheyenne, WY
- Founding
- 08/1983
- Data as of
- 12/2021
- EIN
- 74-2269474
Organization Overview
Comea Inc is located in Cheyenne, WY. The organization was established in 1983. According to its NTEE Classification (L40) the organization is classified as: Temporary Housing, under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, Comea Inc employed 46 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Comea Inc 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, Comea Inc generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 21.2% each year . All expenses for the organization totaled $1.2m during the year ending 12/2021. While expenses have increased by 16.1% 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
PROVIDED EMERGENCY SHELTER & ASSISTANCE TO APPROXIMATELY 3000 TRANSIENTS IN AND AROUND CHEYENNE,WY. OTHER SERVICES INCLUDED GAS & BUS TICKETS FOR TRANSPORTAION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED EMERGENCY SHELTER & ASSISTANCE TO APPROXIMATELY 3000 TRANSIENTS IN AND AROUND CHEYENNE, WY. OTHER SERVICES INCLUDED GAS & BUS TICKETS FOR TRANSPORTATION.
PROVIDE HOUSING FOR TRANSIENT PERSONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robin Bocanegra Executive Director | Officer | 40 | $83,534 |
Tony Covello Treasurer | OfficerTrustee | 1 | $0 |
Kathleen Jacobson Chair | OfficerTrustee | 1 | $0 |
Brandi Voightsberger Vice Chair | OfficerTrustee | 1 | $0 |
Dan Fetsco Secretary | OfficerTrustee | 1 | $0 |
Jeannie Grogan Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $245,849 |
| Related organizations | $0 |
| Government grants | $443,646 |
| 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 | $689,495 |
| Total Program Service Revenue | $43,702 |
| Investment income | $370 |
| 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 | $1,481,096 |
| 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. | $83,534 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $559,846 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,506 |
| Payroll taxes | $67,745 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,150 |
| Fees for services: Accounting | $682 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $500 |
| Office expenses | $37,273 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $684 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $19,032 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $70,076 |
| Insurance | $0 |
| All other expenses | $74,341 |
| Total functional expenses | $1,197,608 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $550,735 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $50 |
| 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 | $1,734,802 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,000 |
| Total assets | $2,290,587 |
| Accounts payable and accrued expenses | $452 |
| 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 | $338,405 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,288 |
| Total liabilities | $341,145 |
| Net assets without donor restrictions | $1,941,931 |
| Net assets with donor restrictions | $7,511 |
| 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 | $2,290,587 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Comea Inc has recieved totaling $2,900.
| Awarding Organization | Amount |
|---|---|
First Interstate Bancsystem Foundation Inc Billings, MT PURPOSE: GENERAL OPERATING SUPPORT | $2,900 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lapuente Home Incorporated Alamosa, CO | $2,057,200 | $6,832,731 |
Littleton Section 8 Housing Corporation Littleton, CO | $110,631 | $1,796,940 |
Huntsman Community Shelter Salt Lake City, UT | $14,233,533 | $1,731,042 |
Comea Inc Cheyenne, WY | $2,290,587 | $1,481,096 |
Archuleta Housing Corp Pagosa, CO | $927,347 | $887,000 |
Ascending To Health Respite Care Inc Colorado Springs, CO | $384,988 | $836,062 |
Union College Housing Inc Lincoln, NE | $1,469,312 | $577,321 |
Lagoon Beach Residents Association Inc Denver, CO | $2,617,961 | $302,900 |
Sarahs Home Corporation Peyton, CO | $855,749 | $622,694 |
Project Restart Inc Denver, CO | $203,833 | $276,074 |
Mimis House Casper, WY | $399,941 | $255,612 |
Our Front Porch Denver, CO | $82,223 | $0 |