Southeast Center for Cooperative Development FY2022 filing

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Our primary purpose is to help build a more equitable economy by increasing the economic opportunities and benefits available to the excluded through the development of wealth-building cooperatives which are owned and controlled by the low-income minority and or underserved communities in Metro Nashville in Tennessee and in the Southeastern U.S. We give priority to developing the power and capacity of the marginalized.

501(c)(3) charity; gifts are tax-deductible.
$34K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Pay: Part VII

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FY2022 · Form 990-EZIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990-EZ
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 3
filings with a surplus
Average surplus $41K a year · 10% of revenue · last 3 filings
Fine: a surplus in 2 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Pay to officers and key staff
$34K
to officers and key staff
No data yet: the filing does not give pay as a share of spending.
Pt VII · Sec A
Named funders
1
named funder · $75K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$104
total owed
No data yet: the filing does not give total assets.
Pt X · Ln 26
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$74K
-27% vs prior year
Net assets
$98K
By yearFY2021–FY2025
Revenue
$74K
FY2022▼ -27%
Tap a bar for its year
Revenue by fiscal year
FY2021$101K
FY2022$74K
FY2023$495K
FY2024$531K
FY2025$252K
Expenses
—
FY2022
Tap a bar for its year
Expenses by fiscal year
FY2021Not on file
FY2022Not on file
FY2023$313K
FY2024$425K
FY2025$415K
Net assets
$98K
FY2022▼ -9%
Tap a bar for its year
Net assets by fiscal year
FY2021$108K
FY2022$98K
FY2023$279K
FY2024$385K
FY2025$221K

From the FY2022 Form 990 · see the original

990 PDF Claim
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Apr 2019.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

4 people listed on the 990-EZ; $34K paid to officers and key staff.

Part VII, Section A · reportable compensation
Co-Director
$9,632Pt VII · Sec A
Co-Director
$9,632Pt VII · Sec A
Co-Director
$7,405Pt VII · Sec A
Co-Director
$7,405Pt VII · Sec A

Rosemarie Henkel-Rieger’s $75K as Executive Co-Director is at the 67th percentile of top reported officer pay among 1613 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Rosemarie Henkel-Rieger$74,730$75,090———
Robert Overton$74,730$75,090$70,730$7,405$3,600
Rosemarie Henkelrieger——$70,730——
Rosemarie Rieger———$9,632$3,600

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Programs and updates

Builds wealth-building cooperatives for low-income, minority, and underserved communities in Nashville and the Southeast.

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Provided by the organization

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Seed CommonsFY2024$75K
Total grants receivedfrom 1 funder$75K
Grants paid · 1 grant · $20K · 2023–2023
Water Bear Co-Op Land ProjectFY2023$19,759

By the numbers

The FY2022 990-EZ, line by line.

1The main four
Money in
$74K
Other income$74K
Owns and owes
$98K
net assets
Liabilities$104
People
4
listed
Paid4
2In more detail
Revenue in detail
Other income$74K
Total revenue$74K
Assets in detailEnd of year
Liabilities$104
Net assets$98K
Operations
Employees0
Volunteers0
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $252K$415K−$163K$221K 990 PDF
FY2024 $531K$425K$106K$385K 990 PDF
FY2023 $495K$313K$182K$279K 990 PDF
FY2022 Viewing $74K$98K 990 PDF
FY2021 $101K$108K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons A · Public support

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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