2019-05-22T13:21:13-05:00 2018-09-30 390758449 WIPFLI LLP 7887 E BELLEVIEW AVE STE 700 ENGLEWOOD CO 801116021 990 2017-10-01 453064996 COMMUNITY ENTERPRISE DEVELOPMENT SERVICES COMM 3035698165 1450 S HAVANA STREET SUITE 620 AURORA CO 80012 ALEXANDRIA WISE EXECUTIVE DIRECTOR 3035698165 2019-05-21 true ROBERT E FABRY CPA P00757821 3037590089 2019-05-21 50.225.135.84 2019-05-22 13:21:13 CD P 2AD53B2301C0B957B012F959CDA6E32FBA6E34C3 9894DA9A9C601B52784D9168272B73A3580BA9BF 2017 2019-02-21 02:37:17Z ALEXANDRIA WISE 1450 S HAVANA STREET SUITE 620 AURORA CO 80012 914015 false X WWW.CEDSFINANCE.ORG X 2011 CO THE MISSION OF COMMUNITY ENTERPRISE DEVELOPMENT SERVICES IS TO SUPPORT THE AMERICAN DREAM OF FINANCIAL SELF-SUFFICIENCY, BY ASSISTING REFUGEES, IMMIGRANTS, AND THOSE FROM UNDERSERVED COMMUNITIES IN METRO DENVER WHO DESIRE TO OWN OR STRENGTHEN BUSINESSES, DEVELOP ASSETS, AND EMPOWER THEMSELVES FINANCIALLY. 8 8 6 7 0 316093 796268 68027 108973 210 254 1054 8520 385384 914015 0 0 314358 400361 0 31937 178788 159371 493146 559732 -107762 354283 1637640 3302523 770772 2081372 866868 1221151 X THE MISSION OF COMMUNITY ENTERPRISE DEVELOPMENT SERVICES IS TO SUPPORT THE AMERICAN DREAM OF FINANCIAL SELF-SUFFICIENCY, BY ASSISTING REFUGEES, IMMIGRANTS, AND THOSE FROM UNDERSERVED COMMUNITIES IN METRO DENVER WHO DESIRE TO OWN OR STRENGTHEN BUSINESSES, DEVELOP ASSETS, AND EMPOWER THEMSELVES FINANCIALLY. false false 419759 117493 AS PART OF THE MICRO-ENTERPRISE (MED) PROGRAM, THE ORGANIZATION IS ENGAGED TO PROMOTE BUSINESS AND SELF-EMPLOYMENT AMONG UNDERSERVED DENVER METRO RESIDENTS WITH A PARTICULAR CONCENTRATION ON REFUGEES AND IMMIGRANTS. MED LOAN AMOUNTS RANGE FROM 500 TO 50,000, WITH TERMS OF UP TO FIVE YEARS. MED LOANS CAN BE COLLATERALIZED BY ANY ASSETS OF THE BORROWER. ALL LOANS ARE SECURED BY SOME FORM OF COLLATERAL. INTEREST RATES ON THE LOANS ARE BASED ON A VARIETY OF RISK FACTORS AND RANGE 7.25% TO 11.00%. MED LOAN PAYMENTS ARE DUE TO THE ORGANIZATION ON THE 15TH DAY OF EACH MONTH. A LATE FEE OF 5% IS ASSESSED IF LOAN PAYMENTS ARE ELEVEN OR MORE DAYS LATE. IF A MICRO-ENTERPRISE LOAN IS DEEMED TO BE IN DEFAULT, A BORROWER MAY BE ASKED TO VOLUNTARILY SURRENDER THE PLEDGED COLLATERAL. 419759 true true false false false false false false false false true false false false true true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 6 0 true 6 true false false false false false false false false false false X 8 8 false false false false false false false true true false false true true true true false true true true false CO X X THE ORGANIZATION 3035698165 1450 S HAVANA ST SUITE 620 AURORA CO 80012 PAUL STEIN CHAIR 1.00 X X 0 0 0 JEREMY HARKEY VICE CHAIR 1.00 X X 0 0 0 JOSH PEEBLES TREASURER 1.00 X X 0 0 0 ZAYNAB SEPAHI SECRETARY 1.00 X X 0 0 0 DOUG VILSACK DIRECTOR 1.00 X 0 0 0 ABRAM SLOSS DIRECTOR 1.00 X 0 0 0 BRIAN BURKE DIRECTOR 1.00 X 0 0 0 ALEXANDRIA WISE EXECUTIVE DI 40.00 X 91704 0 6700 91704 6700 false false false 724926 71342 796268 MICRO LOAN INTEREST 525990 87924 87924 PROGRAM FEES 525990 21049 21049 108973 254 254 OTHER REVENUE 900099 8520 8520 8520 914015 117493 254 92316 64621 18463 9232 238795 183988 47204 7603 10048 7536 2010 502 29906 22429 5981 1496 29296 21972 5859 1465 11977 10779 1198 8400 8400 18247 7935 862 9450 24871 15286 9352 233 8627 7319 1238 70 21533 18303 2153 1077 5985 5598 387 2485 2485 349 262 87 5389 2205 3184 LOAN LOSS ALLOWANCES 40366 40366 MEMBERSHIPS AND DUES 4163 2740 1354 69 OTHER 3526 3173 353 TELEPHONE 3453 2762 691 559732 419759 108036 31937 469359 371417 231066 1024233 144958 917740 1700455 3866 4754 3841 2135 609 1706 15000 55000 1637640 3302523 46197 71962 709575 1954410 15000 55000 770772 2081372 X 866868 1114151 107000 866868 1221151 1637640 3302523 354283 X false true X true true true X 545513 782299 1114783 316093 796268 3554956 545513 782299 1114783 316093 796268 3554956 3554956 44 219 210 254 727 106 6236 2232 1054 8520 18148 3573831 302727 0.99470 0.99690 X PART II, LINE 10 OTHER INCOME 18,148 SUPPLEMENTAL INFORMATION DURING 2015 THE ORGANIZATION CHANGED FROM A 12/31 YEAR-END TO A 9/30 YEAR- END. THE AMOUNTS REPORTED IN COLUMN E OF SCHEDULE A PART II ARE THE SUM OF AMOUNTS FOR BOTH THE 9 MONTH PERIOD FROM 1/1/15 - 9/30/15 AND AMOUNTS FOR THE FISCAL YEAR ENDING 9/30/16. 3841 2135 1706 1706 AMOUNTS PAYABLE AS FISCAL AGENT 55000 55000 X 914015 914015 914015 559732 559732 559732 SCHEDULE D, PAGE 3, PART X THE ORGANIZATION APPLIES A MORE-LIKELY-THAN-NOT MEASUREMENT METHODOLOGY TO REFLECT THE FINANCIAL STATEMENT IMPACT OF UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. AFTER EVALUATING THE TAX POSITIONS TAKEN, NONE ARE CONSIDERED TO BE UNCERTAIN; THEREFORE, NO AMOUNTS HAVE BEEN RECOGNIZED AS OF SEPTEMBER 30, 2018. FORM 990 - ORGANIZATION'S MISSION THE MISSION OF COMMUNITY ENTERPRISE DEVELOPMENT SERVICES IS TO SUPPORT THE AMERICAN DREAM OF FINANCIAL SELF-SUFFICIENCY, BY ASSISTING REFUGEES, IMMIGRANTS, AND THOSE FROM UNDERSERVED COMMUNITIES IN METRO DENVER WHO DESIRE TO OWN OR STRENGTHEN BUSINESSES, DEVELOP ASSETS, AND EMPOWER THEMSELVES FINANCIALLY. FORM 990, PAGE 6, PART VI, LINE 11B THE 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR AND THEN PRESENTED AT THE MEETING OF THE BOARD OF DIRECTORS BEFORE FILING. FORM 990, PAGE 6, PART VI, LINE 12C OFFICERS AND BOARD MEMBERS ARE EXPECTED TO TAKE INITIATIVES TO SHOW POTENTIAL OR ACTUAL CONFLICTS OF INTEREST. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD OF DIRECTORS DETERMINES THE EXECUTIVE DIRECTOR'S SALARY. FORM 990, PAGE 6, PART VI, LINE 15B COMPENSATION IS INITIATED BY THE EXECUTIVE DIRECTOR AND APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 19 WE MAKE SURE OUR GOVERNING DOCUMENTS ARE AVAILABLE FOR ANYONE INTERESTED TO VIEW AT OUR OFFICE AND OTHER APPROPRIATE PUBLIC AGENCIES.