Philadelphia Area Cooperative Alliance
- Assets
- $337.3k
- Revenue
- $361.4k
- Investments
- $0.0
- Employees
- 6
- Location
- Philadelphia, PA
- Founding
- 07/2014
- Data as of
- 12/2021
- EIN
- 45-4730993
Organization Overview
Philadelphia Area Cooperative Alliance is located in Philadelphia, PA. The organization was established in 2014. According to its NTEE Classification (Y19) the organization is classified as: Support N.E.C., under the broad grouping of Mutual & Membership Benefit and related organizations. As of 12/2021, Philadelphia Area Cooperative Alliance employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Philadelphia Area Cooperative Alliance 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, Philadelphia Area Cooperative Alliance generated $361.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.3% each year . All expenses for the organization totaled $359.8k during the year ending 12/2021. While expenses have increased by 17.9% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE THE LIVES OF PEOPLE IN THE PHILADELPHIA REGION BY SUPPORTING DEMOCRATICALLY ORGANIZED BUSINESSES, PROMOTING THE INTERNATIONAL COOPERATIVE MOVEMENT AND GROWING THE COOPERATIVE ECONOMY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CO-OP DEVELOPMENT AND EDUCATION - ACTIVITIES RELATED TO PROVIDING FREE CO-OP BUSINESS DEVELOPMENT, TECHNICAL ASSISTANCE, AND SUPPORT TO CO-OPS IN LOW-INCOME COMMUNITIES, AS WELL AS EDUCATING THE PUBLIC AND PEOPLE WORKING IN COOPERATIVES ABOUT THE COOPERATIVE BUSINESS MODEL AND HOW IT SUPPORTS MOVEMENTS FOR ECONOMIC JUSTICE. IN 2021, PACA HOSTED THE STUDY CIRCLES, COMMUNITY VOICES PROGRAM, AND WORKSHOPS RELEVANT TO COOPERATIVE DEVELOPEMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jamila Medley Executive Director (thru May) | Officer | 40 | $38,326 |
Charlyn Griffith-Oro President | OfficerTrustee | 1 | $0 |
Annette Griffin Treasurer | OfficerTrustee | 1 | $0 |
Brad Forbes Vice President | OfficerTrustee | 1 | $0 |
Komal Vaidya Secretary | OfficerTrustee | 1 | $0 |
Nancy Nguyen Director | Trustee | 1 | $0 |
Financial Statements
| 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 | $335,279 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $335,279 |
| Total Program Service Revenue | $24,574 |
| Investment income | $466 |
| 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 | $361,443 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $28,146 |
| 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. | $38,326 |
| Compensation of current officers, directors, key employees. | $7,665 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $198,601 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $13,151 |
| Payroll taxes | $19,775 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $104 |
| Fees for services: Accounting | $6,300 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $23,175 |
| Advertising and promotion | $825 |
| Office expenses | $19,901 |
| Information technology | $3,552 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,000 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,162 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,728 |
| All other expenses | $3,080 |
| Total functional expenses | $359,826 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $736 |
| Savings and temporary cash investments | $319,900 |
| Pledges and grants receivable | $15,503 |
| Accounts receivable, net | $1,166 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $337,305 |
| Accounts payable and accrued expenses | $10,519 |
| 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 | $0 |
| Total liabilities | $10,519 |
| Net assets without donor restrictions | $221,203 |
| Net assets with donor restrictions | $105,583 |
| 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 | $337,305 |
Grants Awarded
Over the last fiscal year, Philadelphia Area Cooperative Alliance has awarded $51,629 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
BIRTH BROWN PURPOSE: DEVELOPMENT | $19,890 |
KENSINGTON COMMUNITY FOOD CO-OP PURPOSE: DEVELOPMENT | $13,250 |
SERENITY SOULAR PURPOSE: DEVELOPMENT | $11,127 |
SOUTH PHILLY FOOD CO-OP PURPOSE: DEVELOPMENT | $7,362 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Philadelphia Area Cooperative Alliance has recieved totaling $243,100.
| Awarding Organization | Amount |
|---|---|
The Harry Halloran Jr Charitable Trust Philadelphia, PA PURPOSE: GENERAL OPERATING SUPPORT | $150,000 |
Organization Name not Listed PURPOSE: COOPERATIVE DEVELOPMENT | | $67,500 |
Philadelphia Foundation Philadelphia, PA PURPOSE: GENERAL OPERATING SUPPORT | $25,000 |
Open Society Institute New York, NY PURPOSE: MATCHING GIFT PROGRAM | $600 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Everfund Inc Spring Valley, NY | $111,409 | $336,160 |
Philadelphia Area Cooperative Alliance Philadelphia, PA | $337,305 | $361,443 |
The Ohio Title Insurance Rating Bureau Inc Dublin, OH | $536,262 | $161,685 |
All Together Foundation Washington Crossing, PA | $449,289 | $0 |
Plumbers Local 112 Building Corporation Binghamton, NY | $0 | $96,036 |
Jillian S Legacy Inc Vincent, OH | $7,042 | $0 |
Gulapshah Garden Inc Queens Village, NY | $5,644 | $0 |