Urban Partnerships Community Development Corporation
- Assets
- $13.4m
- Revenue
- $5.0m
- Investments
- $0.0
- Employees
- 35
- Location
- Pearland, TX
- Founding
- 08/2017
- Data as of
- 12/2021
- EIN
- 82-1993706
Organization Overview
Urban Partnerships Community Development Corporation is located in Pearland, TX. The organization was established in 2017. According to its NTEE Classification (S32) the organization is classified as: Rural Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Urban Partnerships Community Development Corporation employed 35 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Urban Partnerships Community Development Corporation 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, Urban Partnerships Community Development Corporation generated $5.0m in total revenue. All expenses for the organization totaled $2.3m during the year ending 12/2021. While expenses have increased by 99.8% per year over the past 5 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
SEE SCHEDULE OTO CATALYZE COMMERCE AND ECONOMIC DEVELOPMENT TO BENEFIT LOW AND MODERATE INCOME RESIDENTS OF HOUSTON'S CULTURALLY UNIQUE AND HISTORICAL CENTRAL NEIGHBORHOODS THROUGH JOB GROWTH INITIATIVES, CULTURAL AND ARTS PROMOTION, AND REAL ESTATE DEVELOPMENT AND MANAGEMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
URBAN PARTNERSHIPS COMMUNITY DEVELOPMENT CORPORATION (UP CDC) IS A NONPROFIT COMMUNITY DEVELOPMENT LEADER. UP CDC PARTNERS WITH NONPROFIT, PUBLIC AND PRIVATE ORGANIZATIONS TO JOIN COMMUNITY ASSETS WITH FINANCIAL CAPITAL TO LAUNCH CATALYTIC PROJECTS THAT CREATE EQUITABLE ECONOMIC DEVELOPMENT IN LOW- AND MODERATE-INCOME NEIGHBORHOODS.CONTINUED ON SCHEDULE OITS CAPSTONE PROJECT, AND NEW HEADQUARTERS, IS THE EAST END MAKER HUB, LOCATED IN AN ECONOMICALLY DISTRESSED, LOW-INCOME COMMUNITY IN HOUSTON. EAST END MAKER HUB IS REDEFINING ENTREPRENEURSHIP IN HOUSTON, BY PROVIDING EQUITABLE ACCESS TO AFFORDABLE WORKSPACE FOR LOCAL MANUFACTURERS, FABRICATORS, CRAFTERS, INNOVATORS, ARTISANS AND ARTISTS. AFTER OPENING IN FEBRUARY OF 2021, AS OF SEPTEMBER 2021, THE PROJECT IS 80% LEASED 18 MONTHS AHEAD OF SCHEDULE, HAVING ADDED 40 COMPANIES PROJECTING TO HIRE OVER 500 INDIVIDUALS. UP CDC'S PARTNER AND THE HUB'S ANCHOR TENANT, TXRX LABS INCUBATOR., PROVIDES SKILLS TRAINING TO HUNDREDS OF COMMUNITY RESIDENTS ANNUALLY TO PROMOTE EMPLOYMENT AND ENTREPRENEURSHIP. IN JUNE OF 2021, THE MAKER HUB ADDED A SECOND INCUBATOR, THE PRISON ENTREPRENEURSHIP PROGRAM, PEP, WHICH WORKS WITH PREVIOUSLY INCARCERATED INDIVIDUALS THAT WILL BE WORKING WITH TXRX LABS TO PLACE THOSE INDIVIDUALS IN GOOD PAYING JOBS AND HELPING THE LAUNCH NEW BUSINESSES.UP CDC ALSO HAS SEVERAL AFFILIATED ENTITIES INCLUDING UP COMMUNITY IMPACT FUND, AN EMERGING COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION (CDFI) THAT LENDS CAPITAL TO UNDERSERVED STARTUPS AND NON-PROFITS. UP CDC LAUNCHED UP COMMERCIAL REAL ESTATE IN 2020 TO SERVE ITS REAL ESTATE NEEDS AND TO AID IN CATALYTIC REAL ESTATE DEVELOPMENT PROJECTS IN LOW- AND MODERATE-INCOME NEIGHBORHOODS. UP CDC ALSO SEEKS TO PROVIDE AFFORDABLE HOUSING AND IS PARTICIPATING CURRENTLY IN THREE TAX CREDIT, MULTI-FAMILY PROJECTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patrick Ezzell Chairman/president | OfficerTrustee | 39 | $178,906 |
Robert Fiederlien Vice President/secretary | OfficerTrustee | 39 | $0 |
William Banta Director | Trustee | 1 | $0 |
Joel North Director | Trustee | 1 | $0 |
Robert Trevino Director | Trustee | 1 | $0 |
Susan C Garcia Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,640,232 |
| All other contributions, gifts, grants, and similar amounts not included above | $122,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,762,232 |
| Total Program Service Revenue | $1,451,606 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $787,114 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,000,952 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,247,321 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $478,937 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $90,166 |
| Payroll taxes | $31,732 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,593 |
| Fees for services: Accounting | $29,880 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $120,392 |
| Advertising and promotion | $26,257 |
| Office expenses | $18,459 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $148,059 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $58,589 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $288 |
| Insurance | $30,926 |
| All other expenses | $699 |
| Total functional expenses | $2,309,637 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,388,101 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $62,945 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $11,843,484 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $9,981 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $84,882 |
| Total assets | $13,389,393 |
| Accounts payable and accrued expenses | $84,770 |
| 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 | $11,918,484 |
| Other liabilities | $0 |
| Total liabilities | $12,003,254 |
| Net assets without donor restrictions | $1,386,139 |
| 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 | $13,389,393 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Urban Partnerships Community Development Corporation has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
Local Initiatives Support Corporation New York, NY PURPOSE: SEE PART IV | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Rural Enterprises Of Oklahoma Inc Durant, OK | $41,908,355 | $15,173,432 |
Black River Area Development Corporation Pocahontas, AR | $9,485,787 | $11,077,041 |
Central Oklahoma Economic Development District Shawnee, OK | $5,863,107 | $4,724,858 |
Coordinating & Development Corp Louisiana Inc Bossier City, LA | $518,798 | $4,124,909 |
Urban Partnerships Community Development Corporation Pearland, TX | $13,389,393 | $5,000,952 |
New Mexico Community Capital Albuquerque, NM | $12,754,152 | $2,840,640 |
Western Arkansas Planning And Fort Smith, AR | $1,883,659 | $2,141,077 |
Little Rock Workforce Development Board Little Rock, AR | $359,522 | $1,935,959 |
Southern Mutual Help Association Inc New Iberia, LA | $8,015,178 | $898,903 |
Forge Financing Ozark Rural Growth And Economy Huntsville, AR | $10,015,357 | $2,246,755 |
Texas Rural Funders Austin, TX | $461,661 | $1,275,314 |
Centro Por La Justicia San Antonio, TX | $1,103,116 | $899,952 |