2023-07-31T11:03:48-07:00 2022-12-31 271375413 BWK Rogers PC 431 South 7th Street Suite 2424 Minneapolis MN 55415 990 2022-01-01 823563111 CENTER FOR ECONOMIC INCLUSION CENT 6123518200 370 Wabasha St N Suite 900 Saint Paul MN 55102 Tawanna Black Chief Executive Officer 6513518200 2023-06-27 1 1 Melissa J Baraibar P02464922 6123325446 2023-06-22 1 11 0 AAL2 2022 2023-04-26 12:10:37Z Tawanna Black 370 Wabasha St N Ste 900 Saint Paul MN 55102 4355726 0 X www.centerforeconomicinclusion.org X 2017 MN The Center for Economic Inclusion is an organization committed to strengthening the Minneapolis - Saint Paul region's civic infrastructure and collective capacity to disrupt systems and influence market forces to catalyze shared prosperity and advance an inclusive economy. 8 8 37 13 0 0 9455285 3346675 309578 1006761 6980 490 5142 -24355 9776985 4329571 30013 0 0 0 2342266 3399361 39270 45512 104640 1666545 3020718 4078094 6465591 5698891 -2136020 9315769 7738892 442910 1002053 8872859 6736839 The Center for Economic Inclusion is an organization committed to strengthening the Minneapolis - Saint Paul region's civic infrastructure and collective capacity to disrupt systems and influence market forces to catalyze shared prosperity and advance an inclusive economy. 0 0 2430457 0 982875 Racial Equity Consulting Services for Employers & Government Agencies: We collaborate with employers to provide organizational consulting services in 5 Pillars of Racially Responsive Employer Action (People, Procurement, Policy, Philanthropy and Products) while measuring and improving organizational effectiveness nationally and throughout the region. 1289640 0 0 Driving Shared Accountability for Data Informed Action: We elevate disaggregated data leveraging our Indicators for an Inclusive Regional Economy (TM) to produce dashboards, reports and publications elevating regional trends in inclusive economic growth and competitiveness, racial equity, and corporate action. Our researchers, analysts and consultants offer solutions to help leaders make data informed decisions that address the roots of systemic racism to close racial wealth gaps and stimulate inclusive economic growth. 711216 0 23886 Education, Coaching and Awareness: We curate experiential learning events, trainings, and workshops designed to raise awareness, foster shared accountability, drive action, and build ambassadors for action. Our campaigns inform, equip and inspire employers and policymakers, for example, to invest in regional workforce development to: * Build racially inclusive, equitable and engaging workplaces * Leverage inclusive workplaces to increase productivity and market growth * Drive public policy change through lobbying and regional advocacy * Facilitate cross-racial, multi-sector partnerships for increased awareness, action, and accountability * Elevate the economic imperative of closing racial wealth gaps by investing in Black, Indigenous, Latinx, and Asian individuals, businesses, and communities. 0 0 0 4431313 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 27 0 1 37 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 MN X Tawanna Black 6123518200 370 Wabasha St N Suite 900 Saint Paul MN 55102 Tawanna Black Founder and Chief Executive Officer 40 0 X 350600 0 40615 Suzanne Kelly Chief of Staff 40.0 0 X 178600 0 39395 Anthony Tolliver Sr Director of Workforce Innovation 40 0 X 155600 0 36399 Andrea Ferstan VP of Systems Innovation 40 0 X 158564 0 15796 Nathan Arnosti Director of Analytics 40 0 X 116411 0 11324 Michele Pletcher VP of Finance and Operations 40 0 X 88350 0 7645 William Barney Board Member 1 0 X 0 0 0 Repa Mekha Board Member 1 0 X 0 0 0 Adair Mosley Board Member 1 0 X 0 0 0 Joseph Nayquonabe Board Member 1 0 X 0 0 0 Toni Carter Board Member 1 0 X 0 0 0 Sam Yamoah Jr Board Member 1 0 X 0 0 0 Karen Hudson Board Member 1 0 X 0 0 0 Dionne Gumbs Board Member 1 0 X 0 0 0 Elliot Jaffee Board Member 1 0 X 0 0 0 Kimberly Randolph Board Member 1 0 X 0 0 0 Ro Adebiyi Board Chair 2 0 X X 0 0 0 Kenneth LaChance Treasurer 1 0 X X 0 0 0 1048125 0 151174 5 0 1 0 Founders First Community Development Corporation 9920 Pacific Heights Blvd Suite 400 San Diego CA 92121 Training 454925 CliftonLarsonAllen LLP 220 South 6th Street Suite 300 Minneapolis MN 55402 Accounting Services 176010 Metro Source LLC 1240 N Claiborne Ave New Orleans LA 70116 Program Services Consultant 162400 Mind the GAPP 4215 Fairview Ave Minnetonka MN 55343 Training 138000 Robert Half Executive Search PO Box 743295 Los Angelos CA 90074 Executive search services 124020 8 74250 0 51743 0 657322 2563360 0 3346675 Program Service Fees 611430 1006761 1006761 0 0 0 0 0 0 1006761 490 0 0 490 0 0 0 0 0 0 0 0 0 0 0 0 0 51743 26155 -26155 0 -26155 Miscellaneous Revenue 900099 1800 0 0 1800 0 0 0 0 1800 4329571 1006761 0 -23865 X 1071565 280623 764909 26033 1825108 1624884 190898 9326 274496 244140 29445 911 228192 154857 70897 2438 6085 6085 292774 292774 63800 63800 45512 45512 1779681 1516187 251459 12035 111863 58582 52017 1264 161394 84093 75309 1992 208998 108894 97524 2580 126276 117608 8618 50 152367 110077 41092 1198 102415 58387 42923 1105 15065 9181 5688 196 6465591 4431313 1929638 104640 4744556 4377251 20003 3963563 1962574 68673 96791 50000 300000 66413 226887 688429 405238 367561 283191 10000 35000 482198 9315769 7738892 212126 287608 69650 400000 0 230784 244795 442910 1002053 X 1189351 355649 7683508 6381190 8872859 6736839 9315769 7738892 -2136020 0 0 0 0 0 X 0 1 X 1 0 X 2239957 5211829 2676728 9455285 3346675 22930474 2239957 5211829 2676728 9455285 3346675 22930474 9312681 13617793 7929 3907 21294 6980 490 40600 20135 23479 337 5142 1800 50893 23021967 2204877 X Schedule A, Part II, Line 10 Miscellaneous Income RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 1 5200 0 0 1 53337 0 1 5263 63800 0 Schedule C, Part II-B, Line 1 Hired a lobbyist to send letters, to meet with, and call government officials and legislators. 0 0 0 0 0 0 0 0 390840 267299 123541 0 297589 137939 159650 0 0 0 0 283191 Employee Retention Credit Receivable 356421 Right-of-Use Asset - Operating Leases 90777 Security Deposit 35000 482198 0 Lease Liability - Operating Leases 244795 244795 X 4344571 0 15000 0 0 15000 4329571 0 0 0 4329571 6480591 15000 0 0 0 15000 6465591 0 0 0 6465591 Schedule D, Part X, Line 2 The Center's activities are generally exempt from federal and state income taxes under Section 501(c)(3) of the Internal Revenue Code. Since the Center is exempt from federal and state income tax liability, no provision is made for current or deferred income tax expense. The Center is not a private foundation. Management has determined that the Center is not subject to unrelated business income tax. Management is not aware of any transactions that would impact the Center's tax-exempt status. The Center follows the guidance of the Accounting Standard Codification (ASC) 740, Accounting for Income Taxes, related to uncertainties in income taxes, which prescribes a threshold of more than likely than not for recognition and derecognition of positions taken or expected to be taken in a tax return. For the years ended December 31, 2022 and 2021, management of the Center is not aware of any material uncertain tax positions. All tax-exempt entities are subject to review and audit by federal, state and other applicable agencies. Such agencies may review the taxability of unrelated business income, or the qualification of the tax-exempt entity under the Internal Revenue Code and applicable state statutes. For federal tax purposes, the tax returns remain open for possible examination for a period of three years after the respective filing deadlines of those returns. X X X X X X 1 Tracy Babler 5624 Colfax Ave S Minneapolis MN 55419 Grantwriter 0 2639791 45512 2594279 2639791 45512 2594279 MN Special Event 51743 51743 0 0 0 8831 10211 1310 5763 0 0 51743 51743 0 0 0 8831 10211 1310 5763 26115 -26115 X X X X 0 0 0 0 0 0 0 0 0 Tawanna Black Founder and Chief Executive Officer 350600 0 0 0 0 0 17500 0 23115 0 391215 0 0 0 Suzanne Kelly Chief of Staff 178600 0 0 0 0 0 26700 0 12695 0 217995 0 0 0 Andrea Ferstan VP of Systems Innovation 158564 0 0 0 0 0 15796 0 0 0 174360 0 0 0 Anthony Tolliver Sr Director of Workforce Innovation 155600 0 0 0 0 0 7750 0 28649 0 191999 0 0 0 Form 990, Part VI, Section B, Line 11b The Form 990 is reviewed by the management and Board of Directors prior to signing and filing the return. Form 990, Part VI, Section B, Line 12c The Board is asked to consider and declare any conflicts during voting matters where a conflict might impact voting. Form 990, Part VI, Section B, Line 15 An outside consultant was hired to conduct an independent analysis using comparable data points to establish the CEO's salary and all employee salaries. Form 990, Part VI, Section C, Line 19 The Organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. Form 990, Part IX, Line 11g $924,034 Contract Program Services, $83,799 Management Consultants, $88,977 Case Management, $11,174 Cohort Support, $217,975 Training, $115,376 Graphic Design, $51,304 Human Resources Support, $140,353 Marketing, $16,888 Payroll, $89,195 Technology, $40,606 Other