Logo for "COBIZ RICHMOND INC"

COBIZ RICHMOND INC

COBIZ RICHMOND INC

Richmond, CA, US
501(c)3
EIN
84-2956832
Logo for "COBIZ RICHMOND INC"

COBIZ RICHMOND INC

Richmond, CA, US
501(c)3
EIN
84-2956832

Overview

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Est.

2019

Fiscal Year Start

Jan 1

Organization Type

Grantseeker
AI Summary
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COBIZ RICHMOND INC is a nonprofit organization focused on rural development, dedicated to creating an entrepreneurial hub that fosters innovation, collaboration, and entrepreneurship among individuals and tri-sector stakeholders to drive sustainable economic development in downtown and greater Richmond, California. In 2023, the organization operated with a budget of $622.3K and total revenue of $610.4K, with significant funding from multiple sources, indicating a diverse financial base without reliance on a single funder for over 50% of its revenue. More information can be found on their website at www.cobizrichmond.com.

Mission Statement

TO CREATE AN ENTREPRENEURIAL HUB TO FOSTER A CULTURE OF INNOVATION, COLLABORATION, AND ENTREPRENEURSHIP BETWEEN INDIVIDUALS AND TRI-SECTOR STAKEHOLDERS WITH THE INTENT TO DRIVE SUSTAINABLE ECONOMIC DEVELOPMENT AND REVITALIZATION OF DOWNTOWN AND GREATER RICHMOND, CALIFORNIA
Revenues

$610.4K

Expenses

$622.3K

Net Income:
-$12K
Assets

$143.5K

Liabilities

$170.1K

Net Assets:
-$26.6K
Operating Budget

$622.3K

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

2

Median grant size
$80K
Largest grant received
$125K
B
Bret Sweet
Board Member
M
Michael Martin
Board Member
W
Wesley Alexander
Board Member

Frequently Asked Questions

What is COBIZ RICHMOND INC’s budget?
In 2023, COBIZ RICHMOND INC reported an annual operating budget of around $622 thousand. More detailed financial information is available to registered users.
What causes does COBIZ RICHMOND INC support?
COBIZ RICHMOND INC supports work in Rural development.
Where does COBIZ RICHMOND INC operate?
COBIZ RICHMOND INC is headquartered in Richmond, CA.
Who funded COBIZ RICHMOND INC recently?
In 2024, COBIZ RICHMOND INC received grants from JPMORGAN CHASE FOUNDATION, PAYPAL CHARITABLE GIVING FUND, and RICHMOND COMMUNITY FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant COBIZ RICHMOND INC received in 2024?
The largest grant to COBIZ RICHMOND INC in 2024 exceeds $125 thousand.
Overview
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