Southeast Center For Cooperative Development
- Assets
- $98.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Nashville, TN
- Founding
- 04/2019
- Data as of
- 12/2022
- EIN
- 82-4969715
Organization Overview
Southeast Center For Cooperative Development is located in Nashville, TN. The organization was established in 2019. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southeast Center For Cooperative 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, Southeast Center For Cooperative Development generated $73.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (14.3%) each year. All expenses for the organization totaled $84.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
CORE SERVICES: THIS INCLUDE THE FOUNDATIONAL SERVICES OF COOPERATIVE BUSINESS EDUCATION CO-OP BUSINESS TECHNICAL ASSISTANCE AND TRAINING. COMPONENTS OF THIS PROGRAM INCLUDE: INTRODUCTORY CO-OP; CO-OP ACADEMY A 10-WEEK INTENSIVE STUDY; STRONG CO-OP SERIES; CO-OP BUSINESS ACCELERATOR. BUSINESS FINANCING THROUGH THE NET FUND. WE HELD 4 INTRO SESSIONS CONNECTING WITH OVER 50 INDIVIDUALS; OUR FALL ACADEMY HAD 24 ATTENDEES OUR SPRING ACADEMY HAD 62; WE ARE ASSISTING 11 GROUPS CURRENTLY WHO ARE IN VARIOUS STAGES OF START UP AND EXPANSION HAVE THERE'S 8 CO-OPS THAT ARE OPERATING SOLIDLY AND OTHERS IN THE PIPELINE. WE ANTICIPATE WE WILL SEE ABOUT 50% GROWTH AS THE AWARENESS GROWS ABOUT THE MANY BENEFITS STABLE JOBS ENHANCED WORKPLACE ENVIRONMENT ETC. CONVERSIONS ASSISTED: 1 JOBS IMPACTED: 23 NUMBER OF STRONG CO-OP SERIES WORKSHOPS: 2 NON-EXTRACTIVE START-UP LOANS SEED COMMONS: $206,000 NUMBER OF TARGET POPULATION REACHED: 170 CO-OP LAND PROJECT - WATERBEAR SPONSORED
CORE SERVICES: THIS INCLUDE THE FOUNDATIONAL SERVICES OF COOPERATIVE BUSINESS EDUCATION CO-OP BUSINESS TECHNICAL ASSISTANCE AND TRAINING. COMPONENTS OF THIS PROGRAM INCLUDE: INTRODUCTORY CO-OP; CO-OP ACADEMY A 10-WEEK INTENSIVE STUDY; STRONG CO-OP SERIES; CO-OP BUSINESS ACCELERATOR. BUSINESS FINANCING THROUGH THE NET FUND. WE HELD 4 INTRO SESSIONS CONNECTING WITH OVER 50 INDIVIDUALS; OUR FALL ACADEMY HAD 24 ATTENDEES OUR SPRING ACADEMY HAD 62; WE ARE ASSISTING 11 GROUPS CURRENTLY WHO ARE IN VARIOUS STAGES OF START UP AND EXPANSION HAVE THERE'S 8 CO-OPS THAT ARE OPERATING SOLIDLY AND OTHERS IN THE PIPELINE. WE ANTICIPATE WE WILL SEE ABOUT 50% GROWTH AS THE AWARENESS GROWS ABOUT THE MANY BENEFITS STABLE JOBS ENHANCED WORKPLACE ENVIRONMENT ETC. CONVERSIONS ASSISTED: 1 JOBS IMPACTED: 23 NUMBER OF STRONG CO-OP SERIES WORKSHOPS: 2 NON-EXTRACTIVE START-UP LOANS SEED COMMONS: $206,000 NUMBER OF TARGET POPULATION REACHED: 170 CO-OP LAND PROJECT - WATERBEAR SPONSORED
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Overton Co-Director | 30 | $7,405 | |
Rosemarie Rieger Co-Director | 40 | $9,632 | |
Robert Overton Co-Director | 30 | $7,405 | |
Rosemarie Rieger Co-Director | 40 | $9,632 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $73,738 |
| Total Program Service Revenue | $164 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $73,902 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $52,686 |
| Professional fees and other payments to independent contractors | $53,136 |
| Occupancy, rent, utilities, and maintenance | $4,800 |
| Printing, publications, postage, and shipping | $1,827 |
| Other expenses | $21,203 |
| Total expenses | $84,088 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $96,623 |
| Other assets | $0 |
| Total assets | $98,030 |
| Total liabilities | $104 |
| Net assets or fund balances | $97,926 |