Elm Ave Coworking is located in Monroe, MI. According to its NTEE Classification (J20) the organization is classified as: Employment Preparation & Procurement, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Elm Ave Coworking 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, Elm Ave Coworking generated $105.9k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 13.9% each year . All expenses for the organization totaled $107.7k during the year ending 12/2022. While expenses have increased by 18.3% per year over the past 3 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.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nolan Beamsley President | 12 | $600 | |
Jeff Beamsley Treasurer | 12 | $0 | |
John Hile Vice President | 1 | $0 | |
Patty Thompson Secretary | 1 | $0 | |
Tim Lake Board Member | 0.5 | $0 | |
Kristina Rodriguez Board Member | 5 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $66,131 |
| Total Program Service Revenue | $39,061 |
| Membership dues | $0 |
| Investment income | $750 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $105,942 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $30,600 |
| Occupancy, rent, utilities, and maintenance | $73,703 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $3,357 |
| Total expenses | $107,660 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,972 |
| Other assets | $0 |
| Total assets | $34,024 |
| Total liabilities | $0 |
| Net assets or fund balances | $34,024 |