Coalition For Economic Survival
- Assets
- $1.1m
- Revenue
- $415.3k
- Investments
- $607.7k
- Employees
- 5
- Location
- Sherman Oaks, CA
- Founding
- 08/1997
- Data as of
- 12/2023
- EIN
- 95-4641627
Organization Overview
Coalition For Economic Survival is located in Sherman Oaks, CA. The organization was established in 1997. According to its NTEE Classification (W01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2023, Coalition For Economic Survival employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Coalition For Economic Survival 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 12/2023, Coalition For Economic Survival generated $415.3k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $314.1k during the year ending 12/2023. While expenses have increased by 4.4% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
HELPING TENANTS WITH HOUSING PROBLEMS AND HOUSING NEEDS
Describe the Organization's Program Activity:
Part 3 - Line 4a
GENERAL SERVICE PROGRAM OF COMMUNITY ORGANIZING AROUND TENANT PROBLEMS AND TENANT ORGANIZING AROUNF THEIR HOUSING NEEDS. IT INCLUDES EDUCATION AND INFORMATION ON AFFORDABLE HOUSING. IT ALSO INCLUDES A LEAD PAINT PREVENTION PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Larry Gross Executive Di | Trustee | 29 | $45,150 |
Bertha Alvarez Director | Trustee | 1 | $0 |
Mirna Corballo Director | Trustee | 1 | $0 |
Maritza Guzman Director | Trustee | 1 | $0 |
Wendell Jones Chairman | OfficerTrustee | 3 | $0 |
Velvet King Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $190 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $326,035 |
| All other contributions, gifts, grants, and similar amounts not included above | $77,526 |
| Noncash contributions included in lines 1a–1f | $56,694 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $403,751 |
| Total Program Service Revenue | $0 |
| Investment income | $11,545 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $415,296 |
| 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. | $45,150 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $185,512 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $38,678 |
| Payroll taxes | $18,413 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,302 |
| Fees for services: Accounting | $2,275 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $602 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $77 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $250 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $9,092 |
| All other expenses | $2,701 |
| Total functional expenses | $314,140 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $521,131 |
| 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 | $0 |
| Investments—other securities | $607,679 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,977 |
| Total assets | $1,132,787 |
| 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 | $211 |
| Total liabilities | $211 |
| Net assets without donor restrictions | $1,132,576 |
| 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 | $1,132,787 |