Alliance For Community Empowerment Inc
- Assets
- $20.3m
- Revenue
- $33.7m
- Investments
- $0.0
- Employees
- 629
- Location
- Bridgeport, CT
- Founding
- 01/1970
- Data as of
- 09/2023
- EIN
- 06-0797841
Organization Overview
Alliance For Community Empowerment Inc is located in Bridgeport, CT. The organization was established in 1970. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 09/2023, Alliance For Community Empowerment Inc employed 629 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alliance For Community Empowerment 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 09/2023, Alliance For Community Empowerment Inc generated $33.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $32.9m during the year ending 09/2023. 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 IMPROVE THE QUALITY OF LIFE FOR ECONOMICALLY DISADVANTAGED INDIVIDUALS IN THE GREATER BRIDGEPORT AREA BY PROVIDING THE NECESSARY RESOURCES TO IMPROVE THEIR LIVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION SERVICES- INCLUDING FEDERAL HEAD START PROGRAMS, SERVED 2,214 CHILDREN; SCHOOL READINESS PROGRAM, SERVED 1,430 CHILDREN; CHILD DAY CARE PROGRAM SERVED 3,270 CHILDREN. A TOTAL OF 725 HOUSEHOLDS WERE SERVED WITH EDUCATION SERVICES.
STATE AND FEDERAL HEALTH & WELFARE PROGRAM SERVICES - INCLUDING EMERGENCY ENERGY ASSISTANCE, SERVED 24,151 INDIVIDUALS AND 10,479 HOUSEHOLDS; AND PROVIDED FAMILIES WITH FAMILY COUNSELING PROGRAMS.
HOUSING SERVICES - INCLUDING FEDERAL ENERGY ASSISTANCE PROGRAM, SERVED 959 HOUSEHOLDS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ralph Jowers 1st Vice Chairsperson | OfficerTrustee | 1 | $0 |
Keith Williams 2nd Vice-Chairperson | OfficerTrustee | 1 | $0 |
Lamond Daniels Chairperson | OfficerTrustee | 1 | $0 |
Folson Almezy Treasurer | OfficerTrustee | 1 | $0 |
Jessica Baldwin Secretary | OfficerTrustee | 1 | $0 |
Sharon Skyers-Jenkins ESQ Director Thru June 2023 | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Trio Food Service | 9/29/23 | $689,895 |
J Perez Cleaning Services/construction | 9/29/23 | $173,810 |
Prestige Commercial Cleaning Cleaning Services | 9/29/23 | $166,150 |
Securitas Security Security Services | 9/29/23 | $158,891 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $29,753,172 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,531,318 |
| Noncash contributions included in lines 1a–1f | $29,382 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $32,284,490 |
| Total Program Service Revenue | $929,354 |
| 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 | $33,661,108 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $9,557,955 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $418,135 |
| Compensation of current officers, directors, key employees. | $418,135 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $12,827,351 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,811,270 |
| Payroll taxes | $1,072,357 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $60,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,022,434 |
| Advertising and promotion | $0 |
| Office expenses | $2,435,091 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,853,192 |
| Travel | $114,660 |
| 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 | $155,842 |
| Insurance | $169,434 |
| All other expenses | $331,181 |
| Total functional expenses | $32,915,028 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,690,218 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $4,513,871 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $1,685,998 |
| Investments—publicly traded securities | $30,665 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,358,101 |
| Total assets | $20,278,853 |
| Accounts payable and accrued expenses | $3,858,485 |
| Grants payable | $0 |
| Deferred revenue | $4,388,373 |
| 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 | $3,402,166 |
| Total liabilities | $11,649,024 |
| Net assets without donor restrictions | $8,213,366 |
| Net assets with donor restrictions | $416,463 |
| 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 | $20,278,853 |