2024-11-15T13:47:01+00:00 2023-12-31 440160260 Forvis Mazars LLP 111 South Tejon Suite 800 Colorado Springs CO 809039848 990 2023-01-01 844867019 THE COMMUNITY FIRM COMM 3032381200 1600 N DOWNING STREET STE 600 DENVER CO 80218 Becky Nelson CFO 7209876507 2024-11-15 true true Adam R Smith P00958966 7194714290 2024-11-15 2023 2024-10-15 13:58:12Z COMMUNITY ECONOMIC DEFENSE PROJECT SAM GILMAN 1600 N DOWNING STREET STE 600 DENVER CO 80218 69362073 false X https://cedproject.org/ X 2020 CO THE COMMUNITY FIRM IS A NONPROFIT ESTABLISHED TO PROVIDE SOCIAL AND LEGAL SERVICES, PUBLIC BENEFITS, & POLICY CHANGE FOR & BY PARTNERING WITH LOW INCOME & WORKING PEOPLE. 7 2 150 5 0 0 84421354 68616547 80482 711193 1607 6616 27717 84503443 69362073 73769349 54851006 0 0 6863971 9876762 0 0 16379 1312937 1739499 81946257 66467267 2557186 2894806 23651721 16128222 20356365 9938060 3295356 6190162 X THE COMMUNITY FIRM DBA COMMUNITY ECONOMIC DEFENSE PROJECT (CEDP) IS A NOT-FOR-PROFIT ORGANIZATION ESTABLISHED TO PROVIDE SOCIAL SERVICES, PUBLIC BENEFITS, AND POLICY CHANGE. OUR MISSION IS TO PARTNER WITH LOW INCOME AND WORKING PEOPLE TO BUILD ECONOMIC AND RACIAL EQUITY. WE DO THIS BY PROVIDING EMERGENCY SERVICES, CONFRONTING ECONOMIC ABUSE, AND INVESTING IN COMMUNITY WEALTH. WE USE AN EVER-EVOLVING SET OF LEGAL, ECONOMIC AND ADVOCACY TOOLS TO CHALLENGE AND DISMANTLE UNJUST SYSTEMS, BUILDING QUICKLY TOWARDS A WORLD WHERE ALL PEOPLE HAVE WHAT THEY NEED TO LIVE AND THRIVE. true false 50068152 43273179 711193 INTEGRATED FINANCIAL ASSISTANCE AND HOUSEHOLD STABILITY SERVICES: THE ORGANIZATION OFFERS A FUND THAT PROVIDES EMERGENCY RENTAL ASSISTANCE TO RENTERS FACING EVICTION OR DISPLACEMENT. IN PARTNERSHIP WITH STATE AND LOCAL GOVERNMENT EMERGENCY ASSISTANCE PROGRAMS, CEDP QUALIFIES RENTERS FACING EVICTION AND DISPLACEMENT FOR BENEFITS, AND IT ISSUES QUICK, ACCURATE FINANCIAL ASSISTANCE CHECKS. ITS EMERGENCY RENTAL ASSISTANCE PROGRAM IS DESIGNED TO MOVE FASTER THAN THE EVICTION TIME LINE, WITH CAPABILITIES TO QUALIFY TENANTS FOR BENEFITS AND ISSUE PAYMENTS IN LESS THAN 24 HOURS WHEN NEEDED TO STABILIZE A HOUSEHOLD. SINCE JULY 2022, CEDP HAS ALSO MANAGED THE STATE OF COLORADO'S EMERGENCY INTAKE SYSTEM FOR RENTERS FACING DISPLACEMENT. THIS INTAKE SYSTEM ANSWERS TENANT CALLS ABOUT THE RENTAL ASSISTANCE PROGRAM, FEATURES INTAKE AGENTS AT COURTHOUSES ACROSS THE STATE, AND COORDINATES AMONG SERVICE PROVIDERS. THROUGH THIS PROGRAM, CEDP MAKES REFERRALS TO ITS OWN EVICTION PREVENTION AND HOMELESSNESS DIVERSION PROGRAMS, AND COORDINATES SERVICE DELIVERY WITH OTHER SERVICE PROVIDERS ACROSS THE STATE FOR HOUSEHOLD STABILITY SERVICES AND OTHER NEEDED BENEFITS AND SERVICES. SERVICES AND OTHER NEEDED BENEFITS AND SERVICES. 11887784 11473900 In 2023, we launched a new program to expand the stabilizing services we offer to the community. Housing is a human right, and the loss of a home can lead to cycles of poverty that are exceedingly difficult to recover from. We are able to provide mortgage assistance for clients who are behind on payments based on the individual circumstances of each. Our team of caring navigators and lawyers are passionately committed to keeping our clients in their homes. 2299331 103927 LEGAL AID: THROUGH CED LAW, THE ORGANIZATION OFFERS LEGAL ASSISTANCE TO RENTERS FACING EVICTION IN THE STATE OF COLORADO. MANAGED SEPARATELY FROM THE FINANCIAL ASSISTANCE AND HOUSEHOLD STABILITY SERVICES PROGRAM, CED LAW PROVIDES LEGAL ASSISTANCE TO COLORADANS FACING EVICTION OR STRUGGLING WITH CONSUMER AND HOUSING DEBT BURDENS. DEPENDING ON CLIENT NEED, ATTORNEYS PROVIDE ADVICE, LIMITED ASSISTANCE REPRESENTATION, OR FULL-SERVICE LEGAL REPRESENTATION. CED LAW ALSO MANAGES LEGAL AID CLINICS ALONGSIDE COMMUNITY PARTNERS AND IN COURTHOUSES ACROSS THE STATE. 64255267 true true false true false false false false false true false false false true false true false false false false false false false false false false false true true false false false false false false false false false false false false false false false false false true 3780 0 false 150 true false false false false false false false false false false false false X 7 2 true false false false false false false true true false false true true true true true true true true false CO X SAM GILMAN 2028413180 1600 N DOWNING STREET STE 600 DENVER CO 80218 CAREY DEGENARO BOARD SECRETARY 1.0 0.0 X X 0 0 0 JENNIFER LOPEZ BOARD CHAIR 1.0 0.0 X X 0 0 0 MARCO DORADO BOARD TREASURER 0.5 0.0 X X 0 0 0 SAM GILMAN CO-FOUNDER/CO-CEO 40.0 0.0 X X 141047 0 9551 ZACHARY NEUMANN CO-FOUNDER/CO-CEO 40.0 0.0 X X 144268 0 9711 BURT NADLER DIRECTOR (BEG 09/22) 0.5 0.0 X 0 0 0 VICTORIA SUAREZ-PALOMO DIRECTOR 0.5 0.0 X 0 0 0 Christina Garcia Chief Program Officer 40.0 0.0 X 126544 0 10347 MELISSA MEJIA HEAD OF STATE LOCAL POLICY 40.0 0.0 X 105470 0 17352 Rebecca Cohn Head of CED Law 40.0 0.0 X 107558 0 15358 624887 0 62319 5 false true false THE COMMUNITY INVESTMENT ALLIANCE 24 HERMOSA CIRCLE DURANGO CO 81301 HOUSING PLANNING SVC ALTRUISTIC ADVISORS PO BOX 6060 PLYMOUTH MI 48170 ACCOUNTING 0 0 0 0 0 66160536 2456011 68616547 IMPACT DEVELOPMENT 561000 607624 607624 Housing Vouchers 624229 103569 103569 0 0 0 0 711193 6616 6616 0 0 0 0 MISCELLANEOUS 900099 27717 27717 0 0 0 0 27717 69362073 711193 0 34333 40000 40000 54811006 54811006 0 0 304577 304577 0 0 8513 8513 0 0 8116404 7019622 1096782 0 245074 203876 41198 0 465339 411269 54070 0 736855 631851 105004 0 128044 39660 88384 0 77978 0 77978 0 59980 59980 0 0 0 0 0 0 0 379174 266023 104443 8708 0 0 0 0 124506 100106 16729 7671 642849 327116 315733 0 0 0 0 0 103773 5129 98644 0 9184 6359 2825 0 0 0 0 0 59917 17085 42832 0 64800 0 64800 0 0 0 0 0 5644 0 5644 0 20528 0 20528 0 EQUIPMENT AND REPAIRS 56017 2738 53279 0 BAD DEBT 3519 0 3519 0 RECRUITING 3019 0 3019 0 OTHER 567 357 210 0 0 0 0 0 66467267 64255267 2195621 16379 7599173 8121448 10055831 13202 5730134 7398802 0 0 0 0 249404 283200 38000 13076 17179 24924 0 0 0 286646 23651721 16128222 386420 253691 16969945 6379963 0 0 3000000 3000000 0 304406 20356365 9938060 X 3107896 4440986 187460 1749176 3295356 6190162 23651721 16128222 2894806 0 0 0 0 0 X false true X true true true X 336441 18876738 84377468 68616547 172207194 0 0 0 336441 18876738 84377468 68616547 172207194 0 172207194 2 123 1607 6616 8348 0 0 0 0 0 27717 27717 172243259 794650 X Schedule A, Part II, Line 10 Other Income DESCRIPTION - OTHER INCOME, COLUMN A - , COLUMN B - , COLUMN C - , COLUMN D - , COLUMN E - 27717.0, COLUMN F - 27717.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true false false false false true 59980 false false 59980 false Schedule C, Part II-B, Line 1 DETAILED DESCRIPTION OF THE LOBBYING ACTIVITY ON A DE MINIMIS BASIS, THE COMMUNITY FIRM LOBBIED THE COLORADO STATE LEGISLATURE TO PASS POLICIES ASSOCIATED WITH ITS MISSION TO SERVE TENANTS AND LOW-INCOME PEOPLE IN COLORADO. LOBBYING CONSISTED OF DIRECT CONTACT WITH LEGISLATORS, THEIR STAFFS, GOVERNMENT OFFICIALS, AND A LEGISLATIVE BODY. THE COMMUNITY FIRM EMPLOYED AN OUTSIDE LOBBYIST. 38000 13076 24924 24924 OPERATING LEASE LIABILITY 304406 304406 69362073 0 0 69362073 0 0 69362073 66467267 0 0 66467267 0 0 66467267 Schedule D, Part X, Line 2 LIABILITY FOR UNCERTAIN TAX POSITIONS THE ORGANIZATION HAS BEEN ORGANIZED AS A COLORADO NONPROFIT COPORATION AND HAS BEEN RECOGNIZED BY THE IRS AS EXEMPT FROM FEDERAL INCOME TAXES UNDER IRC SECTION 501(A) AS ORGANIZATIONS DESCRIBED IN IRC SECTION 501(C)(3), QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION, AND HAS BEEN DETERMINED NOT TO BE A PRIVATE FOUNDATION. THE ORGANIZATION IS ANNUALLY REQUIRED TO FILE A RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) WITH THE IRS. IN ADDITION, THE ORGANIZATION ARE SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO THEIR EXEMPT PURPOSES. THE ORGANIZATION DETERMINED THAT IT IS NOT SUBJECT TO UNRELATED BUSINESS INCOME TAX AND HAS NOT FILED AN EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN (FORM 990-T) WITH THE IRS. MANAGEMENT BELIEVES THAT THE ORGANIZATION HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AFFECTING ITS ANNUAL FILING REQUIREMENTS, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE ORGANIZATION WOULD RECOGNIZE FUTURE ACCRUED INTEREST AND PENALITES RELATED TO UNRECOGNIZED TAX BENEFITS AND LIABILITIES IN INCOME TAX EXPENSE IF SUCH INTEREST AND PENALITES ARE INCURRED. true Settlement Disbursement 1 8625 Rental Assistance 6800 43241778 Specific Assistance 40 69648 Mortgage Assistance 800 11473900 Rapid Rehousing 75 16935 Towing 2 120 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. FOR GRANTS TO INDIVIDUALS, THE ORGANIZATION ENSURES THAT THESE GRANTS ARE SPENT ACCORDING TO THEIR INTENDED PURPOSES BY CONDUCTING ELIGIBILITY CHECKS AND REVIEWS. FOR GRANTS TO ORGANIZATIONS, THE COMMUNITY FIRM IS IN REGULAR CONTACT WITH THE ASSOCIATED ORGANIZATIONS AND THROUGH THEIR JOINT ACTIVITIES MONITORS THE RELEVANT GRANTS. X X X false false false false false false false false false ZACHARY NEUMANN CO-FOUNDER/CO-CEO 144268 0 0 0 0 0 4331 0 5380 0 153979 0 0 0 SAM GILMAN CO-FOUNDER/CO-CEO 141047 0 0 0 0 0 4250 0 5301 0 150598 0 0 0 Form 990, Part III, Line 2 New program services Mortgage Assistance: In 2023, CEDP launched its mortgage assistance program, extending the assistance provided to prevent displacement. Form 990, Part VI, Line 2 Family/business relationships amongst interested persons EXECUTIVE DIRECTOR ZACHARY NEUMANN AND VICTORIA SUAREZ-PALOMO HAVE A FAMILY RELATIONSHIP. - Family relationship Form 990, Part VI, Line 11b Review of form 990 by governing body THE INFORMATION FOR THE 990 IS GATHERED AND ENTERED BY ACCOUNTING LEADERSHIP, MAINLY THE CONTROLLER AND CFO. THEY UTILIZE THE SOFTWARE RELEVANT TO THE INFORMATION BEING REQUESTED (I.E. ACCOUNTING SOFTWARE, PAYROLL SOFTWARE) AS WELL AS VERIFYING INFORMATION AGAINST THE APPROVED SCHEDULES AND AUDITED FINANCIALS. AFTER THE INFORMATION IS INPUTTED, A DRAFT REPORT IS GENERATED AND SENT TO THE CEO AND PRESIDENT FOR REVIEW AND APPROVAL. ONCE APPROVED, THE INFORMATION IS PRESENTED TO THE BOD FOR REVIEW AND APPROVAL. Form 990, Part VI, Line 12c Conflict of interest policy THE CONFLICT POLICY REQUIRES ANNUAL DISCLOSURE OF ANY CONFLICTS AND TIGHT FINANCIAL CONTROLS. NO ONE HAS COMPLETE CONTROL OF A TRANSACTION OR OF THE CONTRACTING PROCESS. RELATED PARTIES MUST RECUSE THEMSELVES FROM DELIBERATION ON THESE ISSUES. Form 990, Part VI, Line 15a Process to establish compensation of top management official THE COMMUNITY FIRM CONDUCTED A SALARY STUDY FOR EACH POSITION IN THE ORGANIZATION. THE SALARY STUDY REVIEWED THE COMPENSATION OF SIMILARLY SITUATED ROLES AT OTHER NON-PROFITS. THE RESULTS OF THAT SALARY STUDY WERE PRESENTED TO MANAGEMENT AND THE BOARD. IN 2023, THE BOARD APPROVED COMPENSATION AND DEFERRED COMPENSATION FOR ORGANIZATIONAL LEADERSHIP. Form 990, Part VI, Line 15b Process to establish compensation of other employees THE COMMUNITY FIRM CONDUCTED A SALARY STUDY FOR EACH POSITION IN THE ORGANIZATION. THE SALARY STUDY REVIEWED THE COMPENSATION OF SIMILARLY SITUATED ROLES AT OTHER NON-PROFITS. THE RESULTS OF THAT SALARY STUDY WERE PRESENTED TO MANAGEMENT AND THE BOARD. IN 2023, THE BOARD APPROVED COMPENSATION AND DEFERRED COMPENSATION FOR ORGANIZATIONAL LEADERSHIP. Form 990, Part VI, Line 19 Required documents available to the public FORM 990 IS PUBLICLY AVAILABLE. THE AUDIT IS AVAILABLE THROUGH SAC. THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE ALSO AVAILABLE UPON REQUEST.