Urban Business Support
- Assets
- $48.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Puyallup, WA
- Founding
- 08/2018
- Data as of
- 06/2022
- EIN
- 83-1637297
Organization Overview
Urban Business Support is located in Puyallup, WA. The organization was established in 2018. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Urban Business Support 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 06/2022, Urban Business Support generated $107.4k in total revenue. All expenses for the organization totaled $72.7k during the year ending 06/2022.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
TO SUPPORT ECONOMIC DEVELOPMENT IN LOW-INCOME COMMUNITIES TO CURB THE NEGATIVE IMPACTS OF GENTRIFICATION, NAMELY SMALL BUSINESS DISPLACEMENT AND UNEVEN DISTRIBUTION OF INVESTMENT CAPITAL AND TO PROVIDE LOCAL BUSINESS OWNERS THE RESOURCES NECESSARY TO RETAIN DIVERSITY OF BUSINESS OWNERSHIP IN ECONOMICALLY DEVELOPING NEIGHBORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Oliver Scott Executive Di | 25 | $30,390 | |
Arturo Noreiga Treasurer | 0.5 | $0 | |
Christine Rose Secretary | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $102,840 |
| Total Program Service Revenue | $930 |
| Membership dues | $0 |
| Investment income | $4 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $3,600 |
| Total Revenue | $107,374 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $32,875 |
| Professional fees and other payments to independent contractors | $25,502 |
| Occupancy, rent, utilities, and maintenance | $1,101 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $13,262 |
| Total expenses | $72,740 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $48,310 |
| Other assets | $0 |
| Total assets | $48,433 |
| Total liabilities | $2,626 |
| Net assets or fund balances | $45,807 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Urban Business Support has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
Washington State Microenterprise Association Olympia, WA | | $18,000 |
Creag Foundation Woodinville, WA PURPOSE: BUSINESS PLAN TRAINING | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Spokane Area Workforce Development Council Spokane, WA | $1,735,015 | $9,993,306 |
South Central Workforce Development Council Union Gap, WA | $4,276,195 | $7,715,275 |
Bend Visitor & Convention Bureau Bend, OR | $2,809,916 | $4,392,853 |
Visit Spokane Spokane, WA | $4,256,594 | $5,130,887 |
Spruce Root Inc Juneau, AK | $2,965,503 | $3,464,933 |
Angels For Angels Seattle, WA | $2,495,465 | $5,448,539 |
Columbia Pacific Economic Development District Of Oregon St Helens, OR | $1,194,782 | $2,960,651 |
Koyuk Native Store Koyuk, AK | $1,287,215 | $2,898,870 |
Eastern Oregon Workforce Investment Board La Grande, OR | $2,038,601 | $2,624,677 |
Greater Seattle Partners Seattle, WA | $2,408,899 | $964,300 |
Southern Oregon Regional Economic Development Inc Medford, OR | $6,059,782 | $2,561,963 |
The Alliance For Pioneer Square Seattle, WA | $803,516 | $2,179,538 |