Insight Center For Community Economic Development is located in Oakland, CA. The organization was established in 1977. According to its NTEE Classification (S31) the organization is classified as: Urban & Community Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2022, Insight Center For Community Economic Development employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Insight Center For Community Economic Development 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 12/2022, Insight Center For Community Economic Development generated $2.5m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 13.4% each year . All expenses for the organization totaled $2.7m during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO BUILD INCLUSION AND EQUITY FOR PEOPLE OF COLOR, WOMEN, IMMIGRANTS, AND LOW-INCOME FAMILIES. THROUGH RESEARCH, ADVOCACY, NARRATIVE CHANGE, AND THOUGHT LEADERSHIP, WE AIM TO ENSURE THAT ALL PEOPLE BECOME AND REMAIN ECONOMICALLY SECURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WORKFORCE DEVELOPMENT - INSIGHT FOCUSES ON ACTIVITIES THAT HELP LOW-INCOME PEOPLE ACCESS JOBS THAT PAY WELL, HAVE CAREER LADDERS, AND ARE HIGH QUALITY WOULD BENEFIT AND OPPORTUNITIES. INSIGHT CONDUCTS RESEARCH AND OUTLINES SOLUTIONS THAT ENSURE WORKING PEOPLE CAN THRIVE. IN 2021, INSIGHT CONTINUED OUR EFFORTS TO ADVANCE THE WELL-BEING OF MISSISSIPPIANS DISCONNECTED FROM EMPLOYMENT AND EDUCATION, FOCUSING ON BLACK AND LOW INCOME PERSONS IN CERTAIN COUNTIES. FOLLOWING OUR EXAMINATION OF REGIONAL LABOR MARKETS, THE WORKFORCE SYSTEM, BARRIERS TO WORK, AND STRUCTURAL FACTORS SUCH AS OCCUPATIONAL CROWDING, WE OUTLINED APPROACHES TO ADDRESS THE TWO-TIERED LABOR MARKET IN MISSISSIPPI, WITH IMPLICATIONS FOR OTHER STATES. WE CONTINUED OUR EFFORTS IN THE SAN FRANCISCO BAY AREA TO HIGHLIGHT THE WAYS IN WHICH WORKFORCE INSTITUTIONS MAY BE PERPETUATING RACIAL AND GENDER BIASES AND INEQUITIES, AND CONTINUED OUR EFFORTS TO ADDRESS EMPLOYMENT EQUITY FOR FORMERLY INCARCERATED PERSONS. FINALLY, WE CONNECTED THESE EFFORTS WITH OUR LARGER ADVOCACY TO ELIMINATE HARMFUL COURT FINES AND FEES, AND OTHER POLICIES AND PRACTICES THAT PERPETUATE RACIAL AND GENDER INEQUITIES IN THE WORKFORCE DEVELOPMENT SYSTEM. ECONOMIC SECURITY - INSIGHT IS A NATIONAL LEADER IN ADVANCING IDEAS AND SOLUTIONS THAT ADDRESS THE ROOT CAUSES OF ECONOMIC EXCLUSION. IN 2021, INSIDE STAFF CO-AUTHORED AN ARTICLE IN TIME MAGAZINE ABOUT THE NEED TO ENACT REAL STRUCTURAL SOLUTIONS TO ACCOUNT FOR RACISM WITHIN OUR ECONOMY AND DEMOCRACY ONE YEAR FROM THE GEORGE FLOYD PROTESTS. INSIGHT RELEASED A NEW PAPER IN PARTNERSHIP WITH THE SAMUEL DUBOIS COOK CENTER ON SOCIAL EQUITY AT DUKE UNIVERSITY CALLED RUNNING UP THE DOWN ESCALATOR: HOW NARRATIVES SHAPE OUR UNDERSTANDING OF RACIAL WEALTH INEQUALITY. INSIGHT PUBLISHED AN OP-ED ON THE GENDERED NARRATIVES DRIVING THE MEDIA AND POLITICIANS FRAMING OF THE DIFFERENT INFRASTRUCTURE BILLS IN CONGRESS. STAFF WERE FEATURED AS ECONOMIC EXPERTS ON NEW SEGMENTS DISCUSSING THE IMPORTANCE OF HUMAN INFRASTRUCTURE SPENDING SUCH AS EXPANDED CHILD TAX CREDIT. STAFF PRESENTED AT A FEDERAL RESERVE BOARD EVENT ON RACISM AND THE ECONOMY: FOCUS ON THE RACIAL WEALTH DIVIDE. INSIGHT CONTINUED ITS EFFORTS TO CHANGE STATE AND LOCAL POLICIES THAT UNFAIRLY TAKE CHILD SUPPORT PAYMENTS FROM FAMILIES. THROUGH INVOLVEMENT WITH THE TRUTH AND JUSTICE IN CHILD SUPPORT COALITION, INSIGHT HELPED H GAIN BENEFITS FOR FAMILIES THAT INTERACT WITH THE CHILD SUPPORT SYSTEM. FINALLY, WE CONTINUE TO ASSESS THE UNITED WAY OF THE BAY AREAS CAMPAIGN TO CUT POVERTY IN HALF IN THE SAN FRANCISCO BAY AREA. ASSET BUILDING - INSIGHT PROMOTES POLICIES AND PROGRAMS THAT HELP CLOSE THE GAP IN ASSETS BETWEEN RICH AND POOR COMMUNITIES, WOMEN AND MEN, PEOPLE OF DIVERSE RACES AND ETHNICITIES AND RECENT IMMIGRANTS AND THE U.S. BORN, ENABLING PEOPLE AND COMMUNITIES ACQUIRE, ACCUMULATE, AND PRESERVE FINANCIAL AND EDUCATIONAL ASSETS. IN 2021, INSIGHT CONTINUED ITS EFFORTS THAT FOCUS ON DEBT MECHANISMS TARGETING AND DISPROPORTIONATELY AFFECTING COMMUNITIES OF COLOR. AS A LEADER IN THE DEBT FREE JUSTICE CALIFORNIA COALITION, INSIGHT HELPED SECURE THE PASSAGE OF LEGISLATION THAT ELIMINATES 17 ADDITIONAL CRIMINAL LEGAL FEES AND DISCHARGES OVER AN ESTIMATED $534 MILLION IN DEBT. BY MAKING CONNECTIONS BETWEEN THE RACIAL WEALTH GAP AND THE FINES AND FEES, FRAMING THIS AS A RACIAL AND ECONOMIC JUSTICE ISSUE, INSIGHT DEMONSTRATED THE POLICYMAKERS THAT THE MINORITY COMMUNITIES OVER-SURVEILLED AND TARGETED BY THE POLICE ARE THE COMMUNITIES THAT BEAR THE BRUNT OF CRIMINAL LEGAL FEE DEBT. INSIGHT ALSO HELPED SECURE PASSAGE OF LEGISLATION THAT CURTAILS THE PREDATORY COLLECTION PRACTICES USED AGAINST PERSONS SADDLED WITH CRIMINAL LEGAL DEBT, SUCH AS WAGE GARNISHMENTS AND BACK LEVIES ON MINIMUM WAGE SALARIES AND MINIMAL BANK ACCOUNTS. INSIGHT PUBLICIZED ITS EFFORTS AND THAT OF THE COALITION WITH PUBLISHED OP-EDS IN MAJOR NEWS OUTLETS, SHOWCASING CALIFORNIA AS A TRAILBLAZING STATE IN THE FIGHT FOR FINES AND FEES REFORM. WE ALSO CONDUCTED A WEBINAR AND FREE TRAINING FOR LAWYERS ON THE RELIEF AVAILABLE AND HOW TO USE THE NEW LAWS, AND PREPARED INFORMATIONAL FLYERS FOR COMMUNITY GROUPS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Anne E Price President | Officer | 37.5 | $220,723 |
Jhumpa Bhattacharya Executive VP | 37.5 | $220,150 | |
Andrea Flynn Senior Director | 37.5 | $165,841 | |
Natasha Hicks Senior Associate | 37.5 | $126,739 | |
Yvonne Yen Liu Director Of Research | 37.5 | $115,326 | |
Josephine Rhymes Director | Trustee | 2 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Alicia M Walters Planning | 12/30/22 | $145,000 |
Saadia Van Winkle Media Relations | 12/30/22 | $130,000 |
Pritpal S Tamber Scientific Writing | 12/30/22 | $139,757 |
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 | $2,284,861 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $2,284,861 |
Total Program Service Revenue | $95,461 |
Investment income | $4,805 |
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 | $2,452,519 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $422,000 |
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. | $220,722 |
Compensation of current officers, directors, key employees. | $17,816 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $713,115 |
Pension plan accruals and contributions | $75,235 |
Other employee benefits | $61,192 |
Payroll taxes | $64,238 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $13,025 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $931,910 |
Advertising and promotion | $0 |
Office expenses | $40,826 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $43,994 |
Travel | $113,700 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $3,389 |
Insurance | $6,161 |
All other expenses | $0 |
Total functional expenses | $2,712,361 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $602,282 |
Savings and temporary cash investments | $770,365 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $900 |
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 | $24,658 |
Net Land, buildings, and equipment | $10,239 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $121,054 |
Total assets | $1,529,498 |
Accounts payable and accrued expenses | $23,166 |
Grants payable | $38,000 |
Deferred revenue | $531,201 |
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 | $121,958 |
Total liabilities | $714,325 |
Net assets without donor restrictions | $621,935 |
Net assets with donor restrictions | $193,238 |
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 | $1,529,498 |
Over the last fiscal year, Insight Center For Community Economic Development has awarded $422,000 in support to 3 organizations.
Grant Recipient | Amount |
---|---|
UNITED FOR A FAIR ECONOMY | | | $88,000 |
NORTHWEST FILM FORUM | | | $34,000 |
SPRING BOARD TO SUCCESS | | | $300,000 |