Techequity Collaborative is located in Martinez, CA. According to its NTEE Classification (L01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Housing & Shelter and related organizations. As of 06/2021, Techequity Collaborative employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Techequity Collaborative 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 06/2021, Techequity Collaborative generated $1.0m 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 (3.7%) each year. All expenses for the organization totaled $922.6k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (0.3%) per year over the past 2 years. 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
OUR MISSION IS TO MOBILIZE TECH WORKERS AND COMPANIES TO ADVANCE STRUCTURAL CHANGE THAT ADDRESSES ECONOMIC INEQUITY AT ITS ROOTS, FOCUSING ON HOUSING AND WORKFORCE & LABOR
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2020, TECH EQUITY COLLABORATIVE HELD MORE THAN 40 VIRTUAL EVENTS AND 4500 EVENT PARTICIPANTS, VOLUNTEERS BANKDED 4,568 CALLS IN SUPPORT OF THE HISTORIC MEASURE PROPOSITION 15 AND COLLECTED 1,386 SIGNATURES ON THE NOVEMBER BALLOT. THE ORGANIZATION RESPONDED TO THE COVID-19 PANDEMIC BY PARTNERING WITH TECHEXCHANGE TO GET LAPTOPS TO STUDENTS AND THEIR FAMILIES, ADVOCATED FOR PAID SICK LEAVE FOR ALL WORKERS IN SAN JOSE AND FOUGHT FOR POLICIES TO ADDRESS THE EXISTING AFFORDABILITY CRISIS. FOLLOWING THE PASSAGE OF THE TENANT PROTECTION ACT OF 2019, TECH EQUITY COLLABORATIVE CREATED TENANTPROTECTIONS.ORG, A TOOL FOR CALIFORNIA RENTERS TO UNDERSTAND THEIR NEW RIGHTS AND GET LEGAL SUPPORT IN THE FACE OF UNLAWFUL EVICTIONS AND RENT INCREASES. THIS WAS BUILT IN PARTNERSHIP AND ACCE AND CODE FOR AMERICA'S SAN FRANCISCO BRIGADE, BECOMING OUR FIRST MAJOR PROJECT IN POLICY IMPLEMNTATION. TECH EQUITY COLLABORATIVE CREATED EDUCATIONAL MATERIALS AND EDUCATED MORE THAN 5,000 VOTERS WTH ELECTION RESOURCES, WITH MORE THAN 3,000 PEOPLE READING ITS PROPOSITION 22 ARTICLE. WE ALSO ADVISED TECH COMPANIES TO TAKE POSITIONS ON PROGRESSIVE LEGISLATION, WITH POSTMATES AND SALESFORCE ENDORSING PROPOSITION 15 POSTMATES AND PANTHEON ENDORSING AB 1436, RENTER AND MORTGAGE MORATORIUM IN THE FACE OF COVID-19.
WE LAUNCHED THREE MAJOR INITIATIVES TO TACKLE TECHS ROLE IN RISING INEQUALITY, INVESTIGATING CORNERS OF THE INDUSTRY PREVIOUSLY UNEXAMINED. TO ADDRESS THE GROWING RACIAL WEALTH GAP, WE WORKED WITH COMMUNITY PARTNERS TO DEVELOP A GUIDE FOR TECH COMPANIES TO HIRE PEOPLE RETURNING FROM INCARCERATION. TO UNDERSTAND THE ROLE OF TECH COMPANIES IN THE HOUSING SYSTEMAND THE ROLE THEY MAY PLAY IN INCREASING SEGREGATIONWE LAUNCHED THE TECH, BIAS AND HOUSING INITIATIVE. TO UNCOVER THE TRUTH OF OCCUPATIONAL SEGREGATION IN TECH, WE RELEASED FIRST-OF-ITS-KIND RESEARCH INTO THE TWO-TIERED EMPLOYMENT SYSTEM IN THE TECH INDUSTRY. WE ALSO CREATED TENANTPROTECTIONS.ORG AFTER THE PASSAGE OF TENANT PROTECTION ACT OF 2019: A TOOL TO HELP CALIFORNIA RENTERS UNDERSTAND THEIR RIGHTS AND GET LEGAL SUPPORT WHEN FACED WITH UNLAWFUL EVICTION AND RENT INCREASE.
TECH EQUITY COLLABORATIVE HELD MORE THAN 40 VIRTUAL EVENTS WITH 4500 EVENT PARTICIPANTS DISCUSSING THE MYRIAD OF WAYS THE TECH SECTOR CAN SUPPORT SOLUTIONS TO INEQUITY AND WORK TO REMOVE SYSTEMIC BARRIERS TO ECONOMIC MOBILITY.
TECH EQUITY COLLABORATIVE CREATED EDUCATION MATERIALS TO PROVIDE MORE THAN 5000 VOTERS WITH EDUCATIONATIONAL RESOURCES, INCLUDING 3000 READERS OF AN ARTICLE ABOUT PROPOSITION 22. ADDITIONALLY, TECH EQUITY COLLABORATIVE ADVISED TECH COMPANIES ON EQUITABLE APPROACHES TO SYSTEMIC BIAS IN THE HOUSING AND LABOR SPACE, INCLUDING ON ISSUES RELATED TO THE COVID19 CRISIS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ian Mogavero CFO | Officer | 40 | $20,250 |
Catherine Bracy CEO | Officer | 40 | $19,290 |
James Hurd Nixon Director | Trustee | 2 | $0 |
Zack Rosen Director | Trustee | 2 | $0 |
Darrell Jones III Board Member | Trustee | 2 | $0 |
Y-Vonne Hutchinson Board Member | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $832,306 |
Investment income | $0 |
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 | $1,001,805 |
Statement of Expenses | |
---|---|
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. | $39,540 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $636,360 |
Pension plan accruals and contributions | $12,081 |
Other employee benefits | $67,647 |
Payroll taxes | $57,337 |
Fees for services: Management | $0 |
Fees for services: Legal | $6,620 |
Fees for services: Accounting | $10,198 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $38,693 |
Advertising and promotion | $8,455 |
Office expenses | $0 |
Information technology | $28,763 |
Royalties | $0 |
Occupancy | $0 |
Travel | $764 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $14 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $922,599 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $294,277 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $66,859 |
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 | $21,188 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $2 |
Total assets | $382,326 |
Accounts payable and accrued expenses | $9,266 |
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 | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $293,854 |
Total liabilities | $303,120 |
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 |
Total liabilities and net assets/fund balances | $79,206 |
Over the last fiscal year, we have identified 5 grants that Techequity Collaborative has recieved totaling $630,000.
Awarding Organization | Amount |
---|---|
Ford Foundation New York, NY PURPOSE: FOR CORE SUPPORT FOR THE WORK AND LABOR INITIATIVE TO HARNESS THE POWER OF THE PEOPLE WHO WORK IN THE TECH INDUSTRY TO ADVANCE SOLUTIONS TO THE STRUCTURAL PROBLEMS IN OUR ECONOMY THAT DRIVE INEQUITY | $250,000 |
James Irvine Foundation San Francisco, CA PURPOSE: FOR RESEARCH ON CONTRACT WORKERS | $150,000 |
World Education Services Inc New York, NY PURPOSE: EMPLOYER PRACTICES FUNDING ROUND | $150,000 |
Silicon Valley Community Foundation Mountain View, CA PURPOSE: Housing and Transportation | $50,000 |
Mitchell Kapor Foundation Oakland, CA PURPOSE: TO SUPPORT YOUR CONTRACT WORKER DISPARITY PROJECT | $30,000 |
Organization Name | Assets | Revenue |
---|---|---|
Eviction Defense Collaborative Inc San Francisco, CA | $4,442,827 | $9,517,293 |
California Yimby Sacramento, CA | $3,332,341 | $900,288 |
Coalition For Adequate School Housing Sacramento, CA | $2,734,906 | $3,444,663 |
Causa Justa Just Cause Oakland, CA | $4,981,855 | $3,483,728 |
Southern Nevada Homebuilders Assn Inc Las Vegas, NV | $2,383,055 | $1,869,224 |
Interfaith Housing Assistance Corp Lemon Grove, CA | $1,637,628 | $1,229,150 |
Techequity Collaborative Martinez, CA | $382,326 | $1,001,805 |
San Francisco Housing Action Coalition San Francisco, CA | $126,939 | $814,905 |
Csa San Diego County El Cajon, CA | $304,145 | $784,364 |
Abundant Housing La Education Fund Los Angeles, CA | $119,524 | $536,727 |
Apartment Association California Southern Cities Inc Long Beach, CA | $775,919 | $465,560 |
Border Kindness El Centro, CA | $365,611 | $473,511 |