Commure Opportunity Foundation
- Assets
- $14.8m
- Revenue
- $12.8m
- Investments
- $1.4m
- Employees
- 0
- Location
- San Francisco, CA
- Founding
- 10/2019
- Data as of
- 12/2021
- EIN
- 82-5407158
Organization Overview
Commure Opportunity Foundation is located in San Francisco, CA. The organization was established in 2019. According to its NTEE Classification (R19) the organization is classified as: Support N.E.C., under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Commure Opportunity Foundation is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, Commure Opportunity Foundation generated $12.8m in total revenue. All expenses for the organization totaled $155.5k during the year ending 12/2021. While expenses have increased by 43.8% per year over the past 4 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
THE ORGANIZATION WAS FORMED TO ADDRESS THE MENTAL HEALTH OF PHYSICIANS. THE ORGANIZATION WISHES TO RESEARCH CAUSES OF PHYSICIAN STRESS AND WAYS TO IMPROVE PHYSICIAN-PATIENT INTERACTIONS AND TO FUND PROJECTS DOING THE SAME. IN ADDITION, THE ORGANIZATION INTENDS TO PROVIDE FUNDING TO HEALTHCARE RESEARCH WITH A SPECIFIC FOCUS ON OPIOID USE AND ABUSE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION DID NOT MAKE ANY GRANTS IN 2021. THERE WERE NO PROGRAM SERVICE ACTIVITIES IN 2021.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hemant Taneja President | OfficerTrustee | 1 | $0 |
Diede Van Lamoen Treasurer | OfficerTrustee | 1 | $0 |
William Brody Secretary | OfficerTrustee | 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 | $64,912 |
| Noncash contributions included in lines 1a–1f | $64,912 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $64,912 |
| Total Program Service Revenue | $0 |
| Investment income | $47,326 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $12,660,261 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,772,499 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $11,407 |
| Fees for services: Accounting | $27,786 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $41,006 |
| Fees for services: Other | $75,300 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $155,499 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,305,916 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $12,105,094 |
| Investments—other securities | $1,356,671 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $14,767,681 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| 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 | $14,767,681 |
| Total liabilities and net assets/fund balances | $14,767,681 |
Grants Awarded
Over the last fiscal year, Commure Opportunity Foundation has awarded $85,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Philadelphia, PA PURPOSE: TO SUPPORT MENTAL HEALTH OF PHYSICIANS AND PROVIDE FUNDING TO HEALTHCARE RESEARCH WITH A SPECIFIC FOCUS ON OPIOID USE AND ABUSE. | $50,000 |
Boston, MA PURPOSE: TO SUPPORT MENTAL HEALTH OF PHYSICIANS AND PROVIDE FUNDING TO HEALTHCARE RESEARCH WITH A SPECIFIC FOCUS ON OPIOID USE AND ABUSE. | $25,000 |
Philadelphia, PA PURPOSE: TO SUPPORT MENTAL HEALTH OF PHYSICIANS AND PROVIDE FUNDING TO HEALTHCARE RESEARCH WITH A SPECIFIC FOCUS ON OPIOID USE AND ABUSE. | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Arizona Winsl Phoenix, AZ | $2,684,268 | $2,184,149 |
American Civil Rights Institute Sacramento, CA | $15,664 | $266,575 |
Peoples Choice For President Institute San Francisco, CA | $355,583 | $260,026 |
New Democrats Public Policy Coalition Sacramento, CA | $390,372 | $260,000 |
Commure Opportunity Foundation San Francisco, CA | $14,767,681 | $12,772,499 |
Immigrant Family Defense Fund Oakland, CA | $45,651 | $0 |
Schools And Communities First Los Angeles, CA | $347,735 | $0 |
Golf Diversity Program Portland, OR | $28,682 | $52,000 |
A Better San Diego Issues Comm A Sponsored Comm Of San Diego And San Diego, CA | $430 | $0 |
Life Reset Foundation Chino Hills, CA | $6,500 | $7,132 |
Trauma Informed La Lawndale, CA | $0 | $0 |