Center for Community Wealth Building: FY2023 Nonprofit Profile & Form 990 (EIN 85-2257483)

Revenue by fiscal year
FY2022	$1.1M
FY2023	$1.9M
FY2024	$1.8M
FY2025	$1.6M

Expenses by fiscal year
FY2022	$494K
FY2023	$1.1M
FY2024	$1.6M
FY2025	$1.6M

Net assets by fiscal year
FY2022	$744K
FY2023	$1.6M
FY2024	$1.8M
FY2025	$1.8M

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 2021.

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

Where the money goes

89 cents of each dollar spent went to programs.

89%

Program services 89% · $981K Management & general 9% · $97K Fundraising 2% · $19K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

5 people listed on the 990; $96K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII

Yessica Holguin

Executive Director

$96,054Pt VII · Sec A

Jeff Shanahan

Board Member

$0Pt VII · Sec A

Kayvan Khalatbari

President

$0Pt VII · Sec A

Asia Dorsey

Treasurer

$0Pt VII · Sec A

Michael Miera

Secretary

$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

Name	FY2025	FY2024	FY2023	FY2022
Yessica Holguin	$121,785	$102,040	$96,054	$38,317

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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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

Family or business ties among officersPt VI · Ln 2No
Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Builds an inclusive economy that benefits everyone.

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Provided by the organization

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3 programs · $715K · in their own filed words · FY2022

01

Democratizing Ownership

To build a robust community-ownership movement alongside communities of color that increases leadership skills, business acumen, and economic mobility, CCWB: - conducted its third cooperative developer train the trainer program, which equipped 16 community members with the skills to educate their communities on how worker ownership…

$406Kprogram expense

02

Strengthening Local Entrepreneurship

To build local economic resilience and community cohesion by strengthening neighborhood microbusinesses through culturally responsive business support, CCWB: - recruited over 150 business owners to join SHOPBIPOC.COM, the online platform connecting consumers interested in purchasing from bipoc-owned businesses directly with those…

$214Kprogram expense

03

Engaging Anchor Institutions

To advance economic opportunity for communities by leveraging place-based institutions' procurement, hiring, and investing practices, CCWB: - convened 16 local anchor institutions throughout the year in the denver anchor network for peer learning about how they can best leverage their everyday business practices to close the racial…

$95Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · funders on record

Grants received · FY2024

The Colorado Health FoundationFY2024$770K

Latino Community Foundation of Colorado INCFY2024$100K

The Denver FoundationFY2024$52K

Community First FoundationFY2024$40K

Womens Foundation of Colorado INCFY2024$30K

Tides CenterFY2024$8K

Chinook FundFY2024$5K

Total grants receivedfrom 7 funders$1.0M

See all 7 funders →

By the numbers

The FY2023 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$1.9M

Ln 12

Gifts and grantsLn 1h$1.8M

Fees for servicesLn 2g$133K

Investment incomeLn 3$20K

Money outPt IX

$1.1M

Ln 25

Programscol B$981K

Managementcol C$97K

Fundraisingcol D$19K

Owns and owesPt X

$1.6M

net assets · Ln 32

Cash and savingsLn 1–2$1.6M

Total assetsLn 16$2.1M

LiabilitiesLn 26$493K

PeoplePt VI, VII

5

listed · VII A

PaidVII A1

Voting boardVI 1a4

IndependentVI 1b4

2In more detail

Revenue in detailPt VIII

Gifts and grantsLn 1h$1.8M

Government grantsLn 1e$339K

Noncash giftsLn 1g$0

Fundraising eventsLn 1c$0

Fees for servicesLn 2g$133K

Investment incomeLn 3$20K

Total revenueLn 12$1.9M

Assets in detailPt X, end of year

CashLn 1$387K

SavingsLn 2$1.2M

Cash and savings togetherLn 1–2$1.6M

InvestmentsLn 11–13$254K

Land, buildings, equipmentLn 10c$7K

Total assetsLn 16$2.1M

LiabilitiesLn 26$493K

Net assetsLn 32$1.6M

OperationsPt I, VI

EmployeesI 514

VolunteersI 68

Fiscal year endsHeaderJune

Conflict-of-interest policyVI 12aYes

Whistleblower policyVI 13Yes

Records policyVI 14No

3Year over year

Balance sheet, start vs end of yearPt X · col A, B

Line	Start FY23	End FY23
Cash and savingsLn 1–2	$752K	$1.6M
InvestmentsLn 11–13		$254K
Land, buildings, equipmentLn 10c	$10K	$7K
Total assetsLn 16	$789K	$2.1M
LiabilitiesLn 26	$45K	$493K
Net assetsLn 32	$744K	$1.6M

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Pay of current officers, directors and key staffLn 5	$96K	$85K	$9K	$3K
Other salaries and wagesLn 7	$479K	$423K	$42K	$13K
Pension plan contributionsLn 8	$13K	$12K	$694	$140
Other employee benefitsLn 9	$42K	$37K	$4K	$737
Payroll taxesLn 10	$53K	$47K	$4K	$1K
Legal feesLn 11b	$8K	$8K
Accounting feesLn 11c	$29K		$29K
Other fees for servicesLn 11g	$247K	$245K	$2K
Advertising and promotionLn 12	$2K	$1K	$450
Office expensesLn 13	$18K	$16K	$1K	$677
Information technologyLn 14	$5K	$5K	$106
OccupancyLn 16	$40K	$39K	$1K
TravelLn 17	$23K	$23K	$108
Conferences, conventions and meetingsLn 19	$22K	$21K	$944
InterestLn 20	$637	$605	$32
InsuranceLn 23	$1K		$1K
Other expenses (24a–d)Ln 24	$19K	$18K	$1K
Total functional expensesLn 25	$1.1M	$981K	$97K	$19K

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2025 Latest	$1.6M	$1.6M	−$4K	$1.8M	990 PDF
FY2024	$1.8M	$1.6M	$240K	$1.8M	990 PDF
FY2023 Viewing	$1.9M	$1.1M	$831K	$1.6M	990 PDF
FY2022	$1.1M	$494K	$574K	$744K	990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations

See the full FY2023 990 (6 parts)

Part I · Summary $1,927,955 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $989,620$1,774,835

I-9 Program service revenuePrior year $75,847$133,290

I-10 Investment incomePrior year $1,128$19,830

I-11 Other revenuePrior year $1,434$0

I-12 Total revenuePrior year $1,068,029$1,927,955

I-13 Grants and similar amounts paidPrior year $0$0

I-14 Benefits paid to membersPrior year $0$0

I-15 Salaries and benefitsPrior year $379,470$682,867

I-16a Professional fundraising feesPrior year $0$0

I-17 Other expensesPrior year $114,760$414,545

I-18 Total expensesPrior year $494,230$1,097,412

I-19 Revenue less expensesPrior year $573,799$830,543

Part VI · Governance 4 of 4 board members independent, 1 to look at

VI-1a Voting members of the governing body4

VI-1b Independent voting members4

VI-14 Document retention and destruction policyNo

VI-2 Family or business relationship among officers or directorsNo

VI-12a Written conflict of interest policyYes

VI-13 Written whistleblower policyYes

VI-15a Process for setting top official's payYes

Part VIII · Statement of revenue $1,927,955 across 12 lines filed

VIII-1a Federated campaigns$0

VIII-1b Membership dues$0

VIII-1c Fundraising events$0

VIII-1d Related organizations$0

VIII-1e Government grants$338,897

VIII-1f All other contributions, gifts and grants$1,435,938

VIII-1g Noncash contributions (included above)$0

VIII-1h Total contributions, gifts and grants$1,774,835

VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $133,290 · Unrelated business $0 · Excluded from tax $0$133,290

VIII-3 Investment incomeRelated to mission $0 · Unrelated business $0 · Excluded from tax $19,830$19,830

VIII-5 RoyaltiesRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0

VIII-12 Total revenueRelated to mission $133,290 · Unrelated business $0 · Excluded from tax $19,830$1,927,955

Part IX · Statement of functional expenses $1,097,412 across 17 lines filed

IX-5 Pay of current officers, directors and key staffPrograms $85,166 · Management $8,554 · Fundraising $2,711$96,431

IX-7 Other salaries and wagesPrograms $423,280 · Management $42,449 · Fundraising $13,450$479,179

IX-8 Pension plan contributionsPrograms $11,986 · Management $694 · Fundraising $140$12,820

IX-9 Other employee benefitsPrograms $37,259 · Management $3,780 · Fundraising $737$41,776

IX-10 Payroll taxesPrograms $46,906 · Management $4,470 · Fundraising $1,285$52,661

IX-11b Legal feesPrograms $7,500$7,500

IX-11c Accounting feesManagement $28,900$28,900

IX-11g Other fees for servicesPrograms $245,353 · Management $1,675$247,028

IX-12 Advertising and promotionPrograms $1,337 · Management $450$1,787

IX-13 Office expensesPrograms $16,016 · Management $1,110 · Fundraising $677$17,803

IX-14 Information technologyPrograms $5,032 · Management $106$5,138

IX-16 OccupancyPrograms $38,820 · Management $1,478$40,298

IX-17 TravelPrograms $22,699 · Management $108$22,807

IX-19 Conferences, conventions and meetingsPrograms $20,848 · Management $944$21,792

IX-20 InterestPrograms $605 · Management $32$637

IX-23 InsuranceManagement $1,477$1,477

IX-24 Other expenses (24a–d)Programs $18,254 · Management $1,124$19,378

IX-25 Total functional expensesPrograms $981,061 · Management $97,351 · Fundraising $19,000$1,097,412

Part X · Balance sheet $2,067,665 assets, 15 lines filed

X-1 Cash, non-interest-bearingStart of year $324,989$387,004

X-2 Savings and temporary cash investmentsStart of year $426,671$1,216,715

X-4 Accounts receivableStart of year $22,992$189,806

X-9 Prepaid expenses and deferred chargesStart of year $4,096$12,589

X-10c Land, buildings and equipment, netStart of year $10,440$7,137

X-11 Publicly traded securities$254,414

X-16 Total assetsStart of year $789,188$2,067,665

X-17 Accounts payable and accrued expensesStart of year $34,798$96,695

X-19 Deferred revenue$390,000

X-24 Unsecured notes and loans payableStart of year $10,440$6,477

X-26 Total liabilitiesStart of year $45,238$493,172

X-27 Net assets without donor restrictionsStart of year $700,069$1,204,341

X-28 Net assets with donor restrictionsStart of year $43,881$370,152

X-32 Total net assets or fund balancesStart of year $743,950$1,574,493

X-33 Total liabilities and net assetsStart of year $789,188$2,067,665

Part XI · Reconciliation of net assets $1,574,493 net assets at year end

XI-1 Total revenue$1,927,955

XI-2 Total expenses$1,097,412

XI-3 Revenue less expenses$830,543

XI-4 Net assets at start of year$743,950

XI-5 Net unrealized gains (losses) on investments$0

XI-6 Donated services and use of facilities$0

XI-7 Investment expenses$0

XI-8 Prior period adjustments$0

XI-9 Other changes in net assets$0

XI-10 Net assets at end of year$1,574,493

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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Center for Community Wealth Building FY2023 filing

Before you give

Is it real?

Where the money goes

Who runs it and what they're paid

Compensation history total reportable pay by year · 1 named individual · Part VII

Questions the 990 asks

Programs and updates

Questions for Center for Community Wealth Building

Democratizing Ownership

Strengthening Local Entrepreneurship

Engaging Anchor Institutions

Funders

Grants

By the numbers

Filing history

Schedules filed Part IV