Sb7 Coalition Inc
- Assets
- $9.2m
- Revenue
- $463.6k
- Investments
- $0.0
- Employees
- 1
- Location
- Baltimore, MD
- Founding
- 02/2019
- Data as of
- 12/2021
- EIN
- 82-4122642
Organization Overview
Sb7 Coalition Inc is located in Baltimore, MD. The organization was established in 2019. According to its NTEE Classification (S21) the organization is classified as: Community Coalitions, 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. Sb7 Coalition 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, Sb7 Coalition Inc generated $463.6k in total revenue. All expenses for the organization totaled $475.3k during the year ending 12/2021.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE SB7 COALITION SERVES AS A CONDUIT TO PROVIDE FUNDINGS FOR COMMUNITY PRIORITY PROJECTS THAT INCLUDES BUT NOT LIMITED TO CREATION OF AN INTER-NEIGHBORHOOD BUS CONNECTOR, CONSOLIDATION OF INFRASTRUCTURE NEEDS INTO A REGIONAL MASTER PLAN, ATTRACTING AND BUILDING A QUALITY REGIONAL GROCERY STORE, PROMOTING INVESTMENT IN LOCAL SMALL BUSINESSES ALONG COMMERCIAL CORRIDORS, SUPPORTING REGIONAL COMMUNITY LAND TRUST EFFORTS, INCREASING PARTICIPATION OF GROWING LATINO POPULATION IN NEIGHBORHOOD ASSOCIATION ACTIVITIES AND CREATION OF ADULT LEARNING OPPORTUNITIES WITH A FOCUS ON HOMEOWNERSHIP TRAINING IN SOUTH BALTIMORE REGION IN PARTNERSHIP WITH 6 COMMUNITY ORGANIZATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SB7 COALITION CONTINUED TO EXPAND ITS PROGRAM SERVICES. THE SB7 COALITION IN PARTNERSHIP WITH 6 COMMUNITY ORGANIZATIONS REACHED OUT TO THE COMMUNITY IN SOUTH BALTIMORE REGION AND EXPANDED PROGRAMS SUCH AS CREATION OF INTER-NEIGHBORHOOD BUS CONNECTOR, PROMOTING INVESTMENT IN LOCAL SMALL BUSINESSES ALONG COMMERCIAL CORRIDORS, ETC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Alston Co-Chair | OfficerTrustee | 1 | $0 |
Diane Ingram Treasurer | OfficerTrustee | 1 | $0 |
Michael Middleton President/chairman | OfficerTrustee | 1 | $0 |
Marc Broady Secretary | OfficerTrustee | 1 | $0 |
Pamela Oliver Director | Trustee | 1 | $0 |
Sharon 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 | $462,680 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $462,680 |
| Total Program Service Revenue | $0 |
| Investment income | $910 |
| 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 | $463,590 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $379,045 |
| 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 | $50,433 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,630 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,500 |
| Fees for services: Accounting | $9,300 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,303 |
| Advertising and promotion | $0 |
| Office expenses | $1,435 |
| Information technology | $489 |
| Royalties | $0 |
| Occupancy | $6,055 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $400 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $992 |
| Insurance | $6,180 |
| All other expenses | $0 |
| Total functional expenses | $475,289 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $21,723 |
| Savings and temporary cash investments | $9,012,412 |
| Pledges and grants receivable | $6,887 |
| 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 | $135,140 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $9,176,162 |
| Accounts payable and accrued expenses | $3,572 |
| Grants payable | $31,185 |
| 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 | $34,757 |
| 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 | $9,141,405 |
| Total liabilities and net assets/fund balances | $9,176,162 |
Grants Awarded
Over the last fiscal year, Sb7 Coalition Inc has awarded $326,545 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
Baltimore, MD PURPOSE: PAY PARTIAL SALARY FOR WCEDC ED, REAL ESTATE PROJECT MANAGER & COMMUNITY ORGANIZER, ACQUISITION OF VACANT HOME, COVERING OPERATING COSTS IE. INSURANCE, PHONE, ZOOM, COPY/PRINT COSTS & LAPTOP | $106,545 |
Baltimore, MD PURPOSE: HIRE PART-TIME ORGANIZER, CONDUCT OUTREACH & PREP FOR MASTER PLANNING PROCESS | $50,000 |
Brooklyn, MD PURPOSE: ESTABLISHING CHCC AS NONPROFIT W/BANK ACCOUNT, HIRE STAFF, CHDC FUNDING FOR BLIGHT REDUCTION HOME OWNERSHIP INITIATIVES (5 HOME RENOS) | $50,000 |
Baltimore, MD PURPOSE: HIRE 3 PART-TIME STAFF, OFFICE SUPPLIES & FUNDING COMMUNITY ENGAGEMENT PROGRAMS | $50,000 |
MT WINANS COMMUNITY DEVELOPMENT CORPORATION PURPOSE: PAY COMMUNITY ORGANIZER, PROJECT MANAGER/GRANT WRITER, SUPPORT GREEN AMBASSADOR PROGRAM & BOARD TRAINING | $50,000 |
SOUTH BALTIMORE COMMUNITY LAND TRUST INC PURPOSE: FREE YOUR VOICE - CREATE 4 PAID APPRENTICESHIP OPPORTUNITIES FOR YOUTH, ZERO WASTE INFRASTRUCTURE, LEGAL STRUCTURE/FEES ASSOCIATED WITH DEVELOPMENT, GREEN SPACE - PURCHASING SUPPLIES FOR CLEANUPS | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Sb7 Coalition Inc has recieved totaling $100,000.
| Awarding Organization | Amount |
|---|---|
Jp Morgan Chase Foundation New York, NY PURPOSE: IN SUPPORT OF NEIGHBORHOOD REVITALIZATION | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Harrison Rural Electrification Association Inc Bridgeport, WV | $39,716,529 | $14,386,396 |
Virginia Organizing Inc Charlottesville, VA | $8,195,944 | $10,817,973 |
Spanish American Civic Association For Equality Inc Lancaster, PA | $3,870,631 | $8,827,092 |
Coalition Against Electricity Deregulation Inc Washington, DC | $487,186 | $8,246,247 |
American Exceptionalism Institute Inc Arlington, VA | $932,684 | $8,055,400 |
National Coalition For Asian Pacific American Community Dev Washington, DC | $6,392,194 | $8,381,016 |
Rural Cellular Association Washington, DC | $3,010,489 | $4,499,751 |
Pennsylvania Rural Electric Assoc Harrisburg, PA | $2,337,852 | $4,606,290 |
Neighborhood Housing Services Of Baltimore Inc Baltimore, MD | $24,650,096 | $5,559,716 |
Peterson Family Foundation Fairfax, VA | $10,465,952 | $6,659,097 |
Pennsylvania Rural Water Assn Bellefonte, PA | $3,869,851 | $3,373,669 |
Community Forklift Edmonston, MD | $1,775,314 | $3,254,710 |