United South Broadway Corporation

Organization Overview

United South Broadway Corporation is located in Albuquerque, NM. The organization was established in 1989. According to its NTEE Classification (L82) the organization is classified as: Housing Expense Reduction Support, under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, United South Broadway Corporation employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. United South Broadway Corporation 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, United South Broadway Corporation generated $964.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $805.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO IMPROVE THE SOCIAL, PHYSICAL, AND ECONOMIC CONDITIONS OF THE NEIGHBORHOODS LOCATED WITHIN THE ALBUQUERQUE POCKET OF POVERTY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SECURED CONTRACT WITH THE ALBUQUERQUE PUBLIC SCHOOLS. RENEWED CONTRACT WITH THE CIVIL LEGAL SERVICES COMMISSION. CONDUCTED 15 PISAB TRAININGS APPLIED AND RECEIVED 115,000 IN PAYROLL PROTECTION PROGRAM LOAN. RECEIVED FORGIVENESS FOR 235,400 IN PAYROLL PROTECTION PROGRAM LOANS.


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Board, Officers & Key Employees

Name (title)Compensation
Diana Dorn-Jones
Executive Di
$97,450
Rick Burton
President
$0
Marie Robinson
Vice Preside
$0
Joseph Jaramillo
Director
$0
Beatrice Gutierrez
Director
$0
Alma Olivas
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $331,691
All other contributions, gifts, grants, and similar amounts not included above$231,108
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$562,799
Total Program Service Revenue$145,150
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $20,805
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 $964,154

Grants Recieved

Over the last fiscal year, we have identified 6 grants that United South Broadway Corporation has recieved totaling $241,622.

Awarding OrganizationAmount
Marguerite Casey Foundation

Seattle, WA

PURPOSE: FOR GENERAL OPERATING SUPPORT.

$100,000
National Community Reinvestment Coalition Inc

Washington, DC

PURPOSE: HOUSING COUNSELING SERVICES

$62,622
Con Alma Health Foundation

Santa Fe, NM

PURPOSE: HEALTHCARE

$43,500
State Bar Of New Mexico

Albuquerque, NM

PURPOSE: GENERAL SUPPORT

$25,000
Pnm Foundation Inc

Albuquerque, NM

PURPOSE: AFFORDABLE HOUSING GRANTS

$10,000
Pnm Foundation Inc

Albuquerque, NM

PURPOSE: DIRECTORY DISCRETIONARY GRANTS

$500
View Grant Recipient Profile

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