Hub Of Bakersfield Inc is located in Bakersfield, CA. The organization was established in 2019. 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. Hub Of Bakersfield 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, Hub Of Bakersfield Inc generated $57.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (12.4%) each year. All expenses for the organization totaled $74.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
WE PROMOTE, DEVELOP, AND REVITALIZE THE DOWNTOWN CORE AND SURROUNDING NEIGHBORHOODS OF BAKERSFIELD THRU PROJECTS SUCH AS OUR INNOVATION LAB AND MURALS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Andrae Gonzales Chair | 4 | $0 | |
Shannon Labare Vice Chair | 4 | $0 | |
Gabriela Alexander Director | 1 | $0 | |
Jonathan Yates Secretary | 4 | $0 | |
Daniel Cater Director | 1 | $0 | |
Alex Balfour Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $54,071 |
Total Program Service Revenue | $3,400 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $57,471 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $25,618 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $364 |
Other expenses | $48,011 |
Total expenses | $73,993 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $36,603 |
Other assets | $0 |
Total assets | $36,603 |
Total liabilities | $0 |
Net assets or fund balances | $36,603 |
Over the last fiscal year, we have identified 3 grants that Hub Of Bakersfield Inc has recieved totaling $60,000.
Awarding Organization | Amount |
---|---|
Virginia And Alfred Harrell Foundation Bakersfield, CA PURPOSE: PROGRAM SERVICE SUPPORT | $20,000 |
Virginia And Alfred Harrell Foundation Bakersfield, CA PURPOSE: PROGRAM SERVICE SUPPORT | $20,000 |
Virginia And Alfred Harrell Foundation Bakersfield, CA PURPOSE: PROGRAM SERVICE SUPPORT | $20,000 |
Organization Name | Assets | Revenue |
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Downtown Santa Monica Inc Santa Monica, CA | $4,897,203 | $9,308,728 |
Resources For Community Development Berkeley, CA | $93,266,557 | $6,994,658 |
Lake Wildwood Association Penn Valley, CA | $30,720,187 | $8,953,678 |
Antelope Valley Partners For Health Lancaster, CA | $4,220,936 | $10,090,239 |
Community Vision Capital & Consulting San Francisco, CA | $118,645,783 | $20,656,685 |
Hacienda Community Development Corporation Portland, OR | $42,129,547 | $14,753,048 |
Powerswitch Action Oakland, CA | $19,442,233 | $13,398,955 |
Downtown Center Business Improvement District Inc Los Angeles, CA | $1,747,827 | $7,519,589 |
Underground Service Alert Of Northern California And Nevada Concord, CA | $6,010,381 | $7,617,174 |
Community Action Agency Of Butte County Inc Chico, CA | $5,886,657 | $7,635,979 |
Las Sendas Community Association Scottsdale, AZ | $18,217,968 | $6,434,720 |
Union Square Business Improvement District San Francisco, CA | $3,440,343 | $7,353,306 |