The Council Of Urban Professionals Institute is located in New York, NY. The organization was established in 2003. 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 12/2023, Council Of Urban Professionals Institute employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Council Of Urban Professionals Institute 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 12/2023, Council Of Urban Professionals Institute generated $1.4m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 11.6% each year . All expenses for the organization totaled $1.6m during the year ending 12/2023. While expenses have increased by 7.4% per year over the past 9 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO INSPIRE, ELEVATE AND EMPOWER THE NEXT GENERATION OF DIVERSE BUSINESS, CIVIC LEADERS AND WOMEN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LEADERSHIP INSTITUTE - GRADUATED THE COHORT OF THE 16TH CUP NEW YORK FELLOWS PROGRAM - A DYNAMIC AND ENGAGED GROUP OF BUSINESS AND CIVIC LEADERS; 24 MID-CAREER PROFESSIONALS, FOR A TOTAL OF 501 CUP NY FELLOWS ALUMNI TO DATE. JANUARY 24, 2023, 120 ATTENDED. KEVIN POWELL, ACTIVIST, WRITER AND PUBLIC SPEAKER, SAM LALANNE, MANAGING DIRECTOR, HEAD OF DIVERSITY AND INCLUSION FOR INSTITUTIONAL SECURITIES GROUP, INVESTMENT MANAGEMENT, INTERNATIONAL; MELISSA FENTON, EXECUTIVE DIRECTOR, CUP; BENIS REFFKIN, EXECUTIVE, LIFE, & LEADERSHIP COACH, NO ONE SUCCEEDS ALONE: LEARN EVERYTHING YOU CAN FROM EVERYONE YOU CAN; DALE FAVORS, MANAGING PARTNER, ADAPTIVE GROWTH LEADERSHIP, DIRECTOR, CUP NY FELLOWS PROGRAM; JACQUES SEXTON, ASSOCIATE GENERAL COUNSEL, DAILYPAY, CUP NY FELLOWS ALUMNI LEADERSHIP COMMITTEE MEMBER; RAY REYES, MANAGING DIRECTOR OF PROGRAMS AT THE OPPORTUNITY NETWORK. CONCLUDED OUR 6TH YEAR OF THE CUP LA FELLOWS PROGRAM IN JANUARY 2023 WITH 26 GRADUATES, FOR A TOTAL OF 130 CUP LA FELLOWS TO-DATE. FEBRUARY 2, 2023, 88 ATTENDED. ROBERT HOWARD III, FOUNDER & CEO, TALKING IN CIRCLE LLC; MICHAEL A. PERSAUD, PORTFOLIO MANAGER, GLOBAL SPORTS AND ENTERTAINMENT ASSOCIATE DIRECTOR, MORGAN STANLEY, CUP BOARD CHAIR; MELISSA FENTON, EXECUTIVE DIRECTOR, CUP; LISA SILVERA, CONSULTANT, CUP LA; ALEX ALEXANDER-WIENKERS, DIRECTOR OF ADMISSIONS, RICE UNIVERSITY; TULANI WATKINS, PROJECT MANAGER, BUSINESS OPERATOR, META CUP CONVENING VIRTUAL AND IN-PERSON EVENT WAS HELD JOINTLY WITH NY & LA, HOSTED BY THE HELEN MILLS THEATER AND MILTAN MANAGEMENT, OCTOBER 14, 2023, 50 ATTENDED. PATRICIA ROBERTS, DAMION MARTIN, JACQUES SEXTON, LESLIE SWAIN, TOBI JAUYESIMI, NICHOLAS DE ALEJO, JUANCARLOS CHACON, DIONNE NEAL, TAIWO ONIBOKUN-KADIRI.
POWER FORUMS AND SUMMITS: HELD OUR 5TH ANNUAL P2P SUMMIT - HOSTED BY CITI, " FUTURE FORWARD, BUILDING TODAY FOR A BETTER TOMORROW" WITH 14 SPEAKERS, ON MAY 1, 2023, IN-PERSON, OVER 550 ATTENDED. SPEAKERS: ERIKA IRISH BROWN, CHIEF GLOBAL DIVERSITY, EQUITY AND INCLUSION OFFICER AND GLOBAL HEAD OF TALENT, CITI; MELISSA FENTON, EXECUTIVE DIRECTOR, CUP; JENN ZEPHIRIN, VICE PRESIDENT, HEAD OF DIVERSITY, EQUITY & INCLUSION, MATCH GROUP; TITI COLE, CHIEF EXECUTIVE OFFICER OF LEGACY ENTERPRISES, CITI; NAZ VAHID, MANAGING DIRECTOR, GLOBAL HEAD OF CITI, GLOBAL WEALTH AT WORK, CITI; TIMICKA ANDERSON, MANAGING DIRECTOR, GLOBAL CONSUMER PRODUCTS & RETAIL HEAD, COMMERCIAL BANKING, CITI; STEPHON JACKSON, HEAD OF T. ROWE INVESTMENT MANAGEMENT, T. ROWE PRICE; NATHAN SHEETS, GLOBAL CHIEF ECONOMIST, CITI RESEARCH; SAMANTHA SANTOS, HEAD OF DIVERSITY & INCLUSION STRATEGY, CITI; JONATHAN BEANE, SENIOR VICE PRESIDENT, CHIEF DIVERSITY, EQUITY & INCLUSION OFFICER, NFL; HEDIEH FAKHRIYAZDI, CHIEF DIVERSITY OFFICER, WHITE & CASE LLP; DEMETRIUS THORNTON, SENIOR VICE PRESIDENT, TALENT MANAGEMENT AND GARDEN OF DREAMS FOUNDATION, MADISON SQUARE GARDEN ENTERTAINMENT CORPORATION; TAMARA VASQUEZ, GLOBAL HEAD OF DIVERSITY & INCLUSION, S&P GLOBAL; NADIR DARRAH, CHIEF AUDITOR, CITI CUP HELD A 2ND ANNUAL MARTHA'S VINEYARD SUMMIT IN OAK BLUFFS IN FRIDAY, AUGUST 18 TO SUNDAY, AUGUST 20TH, 2023. HOSTED BY GOLDMAN SACHS, MORGAN STANLEY, IMB PARTNERS AND WELLS FARGO. OVER 250 ATTENDED. SPEAKERS: NICOLE PULLEN ROSS | PARTNER, REGION HEAD OF THE NY PRIVATE WEALTH MANAGEMENT (PWM), HEAD OF SPORTS AND ENTERTAINMENT SOLUTIONS (SES), GOLDMAN SACHS; TROY JONES, CO-FOUNDER & CEO, STATUSPRO; JAY LUNDY, SVP AND HEAD OF INVESTING & NEW VENTURES, SEAN COMBS INVESTMENTS, COMBS GLOBAL; JUSTIN TUCK, MANAGING DIRECTOR, PRIVATE WEALTH MANAGEMENT (PWM), GOLDMAN SACHS; MELISSA FENTON, EXECUTIVE DIRECTOR, CUP; ALEXIS JOS RIOS, DIRECTOR OF MARKETING AND ENGAGEMENT, CUP; MIGUELINA CAMILO, COUNSEL TO THE SPEAKER, NEW YORK STATE ASSEMBLY; SHEILA MARMON, FOUNDER & CEO, MIRROR DIGITAL; BARRY G. SIMMONS, HEAD OF NATIONAL SALES, WELLS FARGO ADVISORS, WEALTH & INVESTMENT MANAGEMENT, WELLS FARGO & COMPANY, CUP BOARD MEMBER; TARRUS RICHARDSON, FOUNDER & CEO, IMB PARTNERS, CUP FOUNDER, CUP BOARD MEMBER; FAWN WEAVER, FOUNDER & CEO, UNCLE NEAREST; MICHAEL PERSAUD, PORTFOLIO MANAGER, GLOBAL SPORTS AND ENTERTAINMENT ASSOCIATE DIRECTOR, MORGAN STANLEY, CUP BOARD CHAIR; INDIA ROSE, FOUNDER & CEO, SIDELINE BRAND; TRACI WILKES SMITH, SVP AND TALENT AGENT, CSE, CUP FELLOWS ALUMNI LEADERSHIP COMMITTEE MEMBER, CUP 2020 NY FELLOW ALUM; DR. CLARENCE B. JONES, CO-AUTHOR, DR. MLK JR'S "I HAVE A DREAM" SPEECH; AUTHOR -"LAST OF THE LIONS: AN AFRICAN AMERICAN JOURNEY IN MEMOIR; JOSH HILL, PARTNER, PAUL | WEISS, CUP BOARD MEMBER; MAJA HAZELL, MANAGING DIRECTOR, HEAD OF DIVERSITY, EQUITY AND INCLUSION, THE D. E. SHAW GROUP HELD OUR 14TH ANNUAL LAWYERS FORUM HOSTED BY LOEB & LOEB LLP, "THE POLARIZATION OF JUSTICE: REVERSALS AND RECKONINGS OF THE AMERICAN DREAM," HIGHLIGHTING THE CHANGES IN DEI POLICIES DUE TO SUPREME COURT DECISIONS, AND A TRIBUTE FOR THE "CUP DAVID W. BROWN LEGAL TRAILBLAZER OF THE YEAR AWARD" GIVEN TO MANHATTAN DISTRICT ATTORNEY, ALVIN BRAGG AND NY ATTORNEY GENERAL, LETICIA JAMES. OVER 195 REGISTERED. RECOGNIZED 8 LAW CATALYSTS. SPEAKERS: MIKE DELIKAT, PARTNER, ORRICK HARRINGTON SUTCLIFFE, JENNIFER PARADISE, GC, WHITE & CASE, JENNIFER DAVDA, CDO, LOEB & LOEB, AND KENNY TERRERO, PARTNER, SIDLEY. SPEAKERS INCLUDED, MELISSA FENTON, ED, CUP, CHRIS AGUWA, CHIEF COMMERCIAL OFFICER, LANE HEALTH, GEORGE C. FATHEREE III, FOUNDER/CEO, ORO IMPACT, HARRY VALETK, PARTNER, LOEB & LOEB, RONELLE C. PORTER, ASSISTANT DEPUTY CHAIR/PARTNER, LOEB & LOEB LLP. HELD OUR 4TH ANNUAL TECH POWER FORUM & CATALYST RECOGNITION CEREMONY, SPONSORED BY BLOOMBERG, "THE NEW ERA OF AI AND THE FUTURE OF TRANSFORMATIVE TECHNOLOGY." RECOGNIZED 7 TECH CATALYSTS, JULY 27TH, 2023. OVER 240 REGISTERED. SPEAKERS: MELISSA FENTON, EXECUTIVE DIRECTOR, COUNCIL OF URBAN PROFESSIONALS; CHARLENE BALFOUR, HEAD OF ENTERPRISE CLIENT ONBOARDING & TRANSFORMATION AT WELLS FARGO, 2022 TECH CATALYST; KEN EBIE, EXECUTIVE DIRECTOR & CHIEF DEVELOPMENT OFFICER, BLACK ENTREPRENEURS (BE NYC); ROSSIE TURMAN III, PARTNER, LOWENSTEIN SANDLER LLP; MARK LEVINE, MANHATTAN BOROUGH PRESIDENT, THE MANHATTAN BOROUGH PRESIDENT'S OFFICE; CRYSTAL HUNT, D&I BUSINESS PARTNER, BLOOMBERG; VICTORIA MONTGOMERY BROWN, FOUNDER, COVELL.AI; MICHAEL ELLISON, CEO AND CO-FOUNDER, CODEPATH.ORG; PRATIK KARIA, HEAD OF ENGINEERING BUYSIDE TRADING PLATFORM (AIM), BLOOMBERG; NABIHA SYED, CEO, THE MARKUP CUP LA HELD A SPORTS POWER FORUM "GAME ON! THE BUSINESS OF SPORTS INVESTING, SPONSORED BY ARES MANAGEMENT AND MORGAN STANLEY, AND HOSTED BY KIRKLAND & ELLIS, IN-PERSON, TUESDAY, SEPTEMBER 26, 2023. OVER 100 REGISTERED. SPEAKERS INCLUDED, CRESCENT MUHAMMAD, MD, CUP, MICHAEL PERSAUD, PORTFOLIO MANAGER, GLOBAL SPORTS AND ENTERTAINMENT, ASSOCIATE DIRECTOR, MORGAN STANLEY/CUP BOARD CHAIR, SOFIA MARTOS, PARTNER, KIRKLAND AND ELLIS, BENNETT ROSENTHAL, CO-FOUNDER/DIRECTOR/PARTNER & CHAIRMAN OF PRIVATE EQUITY, ARES MANAGEMENT, LAMAR CARDINEZ, PRINCIPAL, BLUE OWL CAPITAL, K. DON CORNWELL, CO-FOUNDER/CEO, DYNASTY EQUITY. CHRISTINA FRANCIS, PRESIDENT, MAGIC JOHNSON ENTERPRISES. CUP LA HELD AN ALTERNATIVE INVESTMENTS PROGRAM: "THE PATH TO INCLUSIVE CAPITALISM" HOSTED BY ARES MANAGEMENT AND MORGAN STANLEY AND ALLY PARTNER, GCM GROSVENOR, IN-PERSON, WEDNESDAY, MAY 3, 2023, OVER 210 REGISTERED. SPEAKERS: MICHAEL PERSAUD, PORTFOLIO MANAGER, GLOBAL SPORTS AND ENTERTAINMENT, ASSOCIATE DIRECTOR, MORGAN STANLEY/CUP BOARD CHAIR, INDHIRA ARRINGTON, GLOBAL CHIEF DIVERSITY, EQUITY & INCLUSION OFFICER, AND TROY DUFFIE, ASSOCIATE DIRECTOR, MILKEN INSTITUTE.
IN HONOR AND CELEBRATION OF CUP'S 16TH ANNIVERSARY YEAR, PRODUCED TWO CUP CONVERSATIONS PROGRAMS: "CUP CONVERSATIONS: THE EMPOWERMENT & VISIBILITY FACTOR FOR LGBTQIA+ CREATIVES, HELD VIRTUALLY FOR PRIDE MONTH, TUESDAY, JUNE 27, 2023. OVER 50 REGISTERED. SPEAKERS: ALEXIS JOS RIOS, DIRECTOR OF MARKETING, NATHAN HALE WILLIAMS, PRESIDENT & CEO, IN-HALE ENTERTAINMENT LLC A CUP CONVERSATION WITH MICHELLE MILLER: BELONGING HOSTED BY COMPASS, SPONSORED BY IWOMANTV, IN-PERSON, THURSDAY, APRIL 6, 2023. OVER 50 REGISTERED. SPEAKERS: CATHLEEN TRIGG-JONES, FOUNDER, IWOMANTV, EMMY AWARD-WINNING JOURNALIST, TALK SHOW HOST, PRODUCER AND ACTRESS, MICHELLE MILLER, CO-HOST, "CBS SATURDAY MORNING", JOURNALIST, MOM, WIFE, FRIEND, AND ADVENTURER BLACK HISTORY MONTH EVENT CELEBRATING BLACK ARTISTS HOSTED BY PAMELA JOYNER AND REGGIE VAN LEE, IN-PERSON, MONDAY, FEBRUARY 13, 2023. OVER 137 REGISTERED. SPEAKERS: PAMELA JOYNER, BUSINESSWOMAN AND ART COLLECTOR; REGGIE VAN LEE, PARTNER AND CHIEF TRANSFORMATION OFFICER, THE CARLYLE GROUP; MELISSA FENTON, EXECUTIVE DIRECTOR, CUP; TRACI WILKES SMITH, SENIOR VICE PRESIDENT AND TALENT AGENT, CSE; STEPHANIE BROWN, GOVERNMENT AFFAIRS, WONDER CUP CONNECTIONS BANK OF AMERICA, PART I: HARNESSING RESILIENCE TO BUILD A CAREER VIRTUAL, WEDNESDAY, APRIL 5, 2023. OVER 115 REGISTERED. SPEAKERS: MELISSA FENTON, EXECUTIVE DIRECTOR, CUP; LYNNE FAIRBANKS, SENIOR VICE PRESIDENT, GLOBAL WOMEN'S TALENT STRATEGY, BANK OF AMERICA, JEN AUERBACH, MANAGING DIRECTOR, HEAD OF STRATEGIC GROWTH, MERRILL; PATRINA DIXON, FOUNDER AND CEO IT'$ MY MONEY, OWNER OF P. DIXON CONSULTING SBE/MBE/WBE, BANK OF AMERICA INSTITUTE FOR WOMEN'S ENTREPRENEURSHIP AT CORNELL RECIPIENT; ILEANA MUSA, MANAGING DIRECTOR, HEAD OF INTERNATIONAL BANKING AND LENDING, MORGAN STANLEY, AYANNA STEPHENS, SVP, HUMAN RESOURCES EXECUTIVE, BANK OF AMERICA; CICELY WASHINGTON, VP, SR. DIVERSITY B/AA, STRATEGY MANAGER, BANK OF AMERICA TALENT REPRESENTATIVE CUP CONNECTIONS BANK OF AMERICA, PART II: YIELDING NEW STRATEGIES & SAFEGUARDING SELF-CARE VIRTUAL, WEDNESDAY, APRIL 26, 2023. OVER 200 REGISTERED. SPEAKERS: MELISSA FENTON, EXECUTIVE DIRECTOR, CUP; LYNNE FAIRBANKS, SENIOR VICE PRESIDENT, GLOBAL WOMEN'S TALENT STRATEGY, BANK OF AMERICA, JEN AUERBACH, MANAGING DIRECTOR, HEAD OF STRATEGIC GROWTH, MERRILL; ILEANA MUSA, MANAGING DIRECTOR, HEAD OF INTERNATIONAL BANKING AND LENDING, MORGAN STANLEY, AYANNA STEPHENS, SVP, HUMAN RESOURCES EXECUTIVE, BANK OF AMERICA; CICELY WASHINGTON, VP, SR. DIVERSITY B/AA, STRATEGY MANAGER, BANK OF AMERICA TALENT REPRESENTATIVE HELD A "CUP CONNECTIONS: BUILDING GENERATIONAL WEALTH" VIRTUAL WEBINAR SPONSORED BY MORGAN STANLEY, TUESDAY, MAY 9, 2023. OVER 230 REGISTERED. SPEAKERS: MICHAEL A. PERSAUD, FINANCIAL ADVISOR, MORGAN STANLEY, CUP BOARD CHAIR; KRYSTAL BARKER BUISSERETH, MANAGING DIRECTOR, HEAD OF FINANCIAL WELLNESS, MORGAN STANLEY; STEVEN DOUEK, MANAGING DIRECTOR, FINANCIAL ADVISOR, MORGAN STANLEY; AARON HARDING, MANAGING DIRECTOR, CHIEF REVENUE OFFICER FOR MORGAN STANLEY AT WORK; CHRISTYL LUCILLE MURRAY, EXECUTIVE DIRECTOR, DIVERSITY & INCLUSION OFFICER, MORGAN STANLEY; KARA UNDERWOOD, MANAGING DIRECTOR, HEAD OF DIVERSITY, INCLUSION AND TALENT, MORGAN STANLEY WEALTH MANAGEMENT FERNANDO A. BOHORQUEZ JR. BROOKLYN HALF-MARATHON FELLOWS CHALLENGE. IN-PERSON, SUNDAY, MAY 21, 2023. HELD AN IN-PERSON NY FELLOWS HOLIDAY GATHERING AT THE "MAYFLY NYC" ON DECEMBER 14, 2023. 50 ATTENDED. FERNANDO A. BOHORQUEZ, JR., PARTNER, LITIGATION AND INTELLECTUAL PROPERTY, BAKERHOSTETLER HELD AN LA HOLIDAY HANGOUT, AT "SUNSET HOUSE LA" - LOS ANGELES, CA, FRIDAY, DECEMBER 15TH, 2023, SPONSORED BY MAR VISTA INVESTMENT PARTNERS AND PATTY LAURENT SIGNATURE. OVER 300 REGISTERED.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michael A Persaud Chairman | OfficerTrustee | 5 | $0 |
Indhira Arrington Vice Chairman | OfficerTrustee | 2 | $0 |
Tejash Patel Treasurer | OfficerTrustee | 3 | $0 |
Harry Valetk Secretary | OfficerTrustee | 1 | $0 |
Johnita Walker Mizelle Off 0623 Chair Emeritus | OfficerTrustee | 1 | $0 |
Timicka C Anderson Board Member | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $762,500 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $730,838 |
Noncash contributions included in lines 1a–1f | $125,248 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,493,338 |
Total Program Service Revenue | $0 |
Investment income | $40 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | -$98,315 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,395,063 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
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. | $235,517 |
Compensation of current officers, directors, key employees. | $23,552 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $373,538 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $48,004 |
Payroll taxes | $37,498 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $131,005 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $232,506 |
Advertising and promotion | $0 |
Office expenses | $46,161 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $9,303 |
Travel | $41,921 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $361,587 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $3,333 |
Insurance | $0 |
All other expenses | $51,354 |
Total functional expenses | $1,571,727 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $537,997 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $37,300 |
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 | $28,102 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $603,399 |
Accounts payable and accrued expenses | $66,522 |
Grants payable | $0 |
Deferred revenue | $334,500 |
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 | $401,022 |
Net assets without donor restrictions | $202,377 |
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 | $0 |
Total liabilities and net assets/fund balances | $603,399 |