Civic Intelligence

Common Wealth Development Inc.

990 • Fiscal year 2021 • EIN 39-1323500

Jan 01, 2021 to Dec 31, 2021 • Filed on Aug 12, 2022

Organization ProfileWWW.CWD.ORG
1501 Williamson StMadison, WI 53703-3728

(608) 256-3527

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

87th percentile

0.77x

Higher debt load relative to assets than 87% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Liabilities / Revenue

92nd percentile

3.46x

Higher debt load relative to revenue than 92% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Net Margin

32nd percentile

4.0%

Higher net margin than 32% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Top Officer Pay

22nd percentile

$95,952

Higher top officer pay than 22% of similar nonprofits.

Top officer pay equals 2.5% of source-year revenue.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Asset Growth

48th percentile

9.3%

Faster asset growth than 48% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Revenue Growth

66th percentile

26%

Faster revenue growth than 66% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets87th percentile

Assets

Up

$16,900,042

Up $1,432,000 (+9.3%) from 2020

Net Assets

Up

$3,832,277

Up $129,075 (+3.5%) from 2020

Liabilities

Up

$13,067,765

Up $1,302,925 (+11%) from 2020

Revenue And Expenses
Liabilities / Revenue92nd percentileNet Margin32nd percentile

Revenue

Up

$3,774,568

Up $774,889 (+26%) from 2020

Expenses

Up

$3,624,354

Up $361,403 (+11%) from 2020

Net Income

Up

$150,214

Up $413,486 (+157%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth48th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$20M$15M$10M$5.0M$0Assets 2011: $6,953,215Liabilities 2011: $4,928,990Net Assets 2011: $2,024,2252011Assets 2012: $8,043,450Liabilities 2012: $5,766,708Net Assets 2012: $2,276,7422012Assets 2013: $8,529,231Liabilities 2013: $6,342,056Net Assets 2013: $2,187,1752013Assets 2014: $9,716,510Liabilities 2014: $7,471,389Net Assets 2014: $2,245,1212014Assets 2015: $10,395,368Liabilities 2015: $8,096,270Net Assets 2015: $2,299,0982015Assets 2016: $10,952,106Liabilities 2016: $8,621,273Net Assets 2016: $2,330,8332016Assets 2017: $10,944,886Liabilities 2017: $8,673,517Net Assets 2017: $2,271,3692017Assets 2018: $15,442,302Liabilities 2018: $11,052,685Net Assets 2018: $4,389,6172018Assets 2019: $14,914,253Liabilities 2019: $10,912,929Net Assets 2019: $4,001,3242019Assets 2020: $15,468,042Liabilities 2020: $11,764,840Net Assets 2020: $3,703,2022020Assets 2021: $16,900,042Liabilities 2021: $13,067,765Net Assets 2021: $3,832,2772021Assets 2022: $17,793,475Liabilities 2022: $13,870,923Net Assets 2022: $3,922,5522022Assets 2023: $17,388,863Liabilities 2023: $14,029,665Net Assets 2023: $3,359,1982023Assets 2024: $17,731,600Liabilities 2024: $13,724,193Net Assets 2024: $4,007,4072024

Highlighted filing

2021

Assets$16,900,042
Liabilities$13,067,765
Net Assets$3,832,277
Open 2021 Filing

Operations Trend

Revenue Growth66th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $1,660,546Expenses 2011: $1,674,408Net Income 2011: -$13,8622011Expenses 2012: $1,655,8822012Revenue 2013: $1,736,439Expenses 2013: $1,826,006Net Income 2013: -$89,5672013Revenue 2014: $1,873,141Expenses 2014: $1,815,195Net Income 2014: $57,9462014Revenue 2015: $1,972,508Expenses 2015: $1,918,531Net Income 2015: $53,9772015Revenue 2016: $2,315,462Expenses 2016: $2,283,727Net Income 2016: $31,7352016Revenue 2017: $2,308,555Expenses 2017: $2,368,019Net Income 2017: -$59,4642017Revenue 2018: $2,617,325Expenses 2018: $2,466,247Net Income 2018: $151,0782018Revenue 2019: $3,111,196Expenses 2019: $3,499,470Net Income 2019: -$388,2742019Revenue 2020: $2,999,679Expenses 2020: $3,262,951Net Income 2020: -$263,2722020Revenue 2021: $3,774,568Expenses 2021: $3,624,354Net Income 2021: $150,2142021Revenue 2022: $3,797,574Expenses 2022: $3,734,604Net Income 2022: $62,9702022Revenue 2023: $3,480,272Expenses 2023: $4,059,922Net Income 2023: -$579,6502023Revenue 2024: $4,589,947Expenses 2024: $4,378,542Net Income 2024: $211,4052024

Highlighted filing

2021

Revenue$3,774,568
Expenses$3,624,354
Net Income$150,214
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Aug 12, 2022
Return Version
2021v4.2
Gross Receipts
$3,815,130
Mission and Program Overview

Mission

Common wealth development, inc. Supports and preserves the vitality of neighborhoods in the madison metropolitan area. Our work serves as the foundational bedrock of healthy community and economic development, with projects aimed at improving the housing and business climate of our neighborhoods through a people-first approach centered on racial equity and community-level health improvement.

To support and preserve the vitality of neighborhoods in the madison metropolitan area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$13,239,654$14,408,668▲ $1,169,014
Cash and Non-Interest-Bearing Accounts$21,214$454,281▲ $433,067
Pledges and Grants Receivable$499,416$447,690▼ $51,726
Savings and Temporary Cash Investments$696,571$406,146▼ $290,425
Investments Program Related$145,419$145,419→ $0
Accounts Receivable$50,418$76,259▲ $25,841
Prepaid Expenses and Deferred Charges$63,884$60,494▼ $3,390
Total Assets$15,468,042$16,900,042▲ $1,432,000
Other Assets Total$751,466$901,085▲ $149,619
Liabilities
Mortgage Notes Payable Secured by Investment Property$5,704,661$6,958,330▲ $1,253,669
Other Liabilities$5,425,307$5,859,054▲ $433,747
Accounts Payable and Accrued Expenses$604,390$185,830▼ $418,560
Deferred Revenue$30,482$64,551▲ $34,069
Total Liabilities$11,764,840$13,067,765▲ $1,302,925
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,200,634$3,343,103▲ $142,469
Net Assets With Donor Restrictions$502,568$489,174▼ $13,394
Total Net Assets Fund Balance$3,703,202$3,832,277▲ $129,075
Total Liabilities and Net Assets / Fund Balance$15,468,042$16,900,042▲ $1,432,000

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$11,540,813$4,788,344$16,329,157
Land$2,378,963-$2,378,963
Leasehold Improvements$264$511,237$511,501
Other Land Buildings$359,814$58,265$418,079
Equipment$128,814$77,115$205,929
Other Assets Org$19,952--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$18,115-▲ $3,279$1,256$19,952
2020$16,899-▲ $1,380-$18,115
2019$15,247-▲ $2,398-$16,899
2018$16,148-▼ $326-$15,247
2017$13,098$800▲ $2,250-$16,148
Compensation and Service Providers
Top Officer Pay22nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Justice CastanedaExecutive DirectorFT$88,664$7,288$95,952
Stefan DavidsonFinance DirectorFT$74,458$7,574$82,032

Board Members and Trustees

NameTitle
Connor SabatinoPresident
Benjamin LeroyVice President (from October)
Leslie FreehillVice President (thru September)
Autumn NeugentDirector
Erica YoungDirector
Joclyn AcunaDirector
Robert PaolinoDirector
Rudy MooreDirector
Amy WickDirector (thru Mid-december)
Dean LoumosDirector (thru Mid-december)
Eric GavinsDirector (thru Mid-december)
Shaya SchreiberDirector (thru Mid-december)
Tyrone Cratic-williamsDirector (thru Mid-december)
Beth WelchSecretary
Vanessa KuettelTreasurer (from Mid-december)
Susan DayTreasurer (thru Mid-december)

Highest Paid Contractors

ContractorServicesLocationCompensation
Qti Human Resources LLCEmployee Leasing1010 E WASHINGTON AVE UNIT 314, Madison, WI 53703$1,356,294
Connery ConstructionGeneral Contracting3234 COUNTY HWY N, Cottage Grove, WI 53527$1,279,843
Revenue and Support

Revenue Composition

Contributions and Grants
$1,392,837
Program Service Revenue
$2,301,197
Investment Income
$1,215
Other Revenue
$79,319
All Other Contributions
$458,185
Change in Net Assets
$150,214
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,122,413
Salaries, Compensation, and Employee Benefits$1,465,834
Total Fundraising Expense$48,894
Grants and Similar Amounts Paid$36,107
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$912,369$58,259$36,469$1,007,097
Occupancy$886,449$4,288-$890,737
Depreciation Depletion$564,598$13,125-$577,723
Interest$261,528--$261,528
Current Officers, Directors, Trustees, and Key Employees-$178,184-$178,184
Other Employee Benefits$136,059$35,259$5,439$176,757
Payroll Taxes$69,296$17,958$2,770$90,024
Office Expenses$45,136$32,641$431$78,208
Fees for Services Accounting-$74,932-$74,932
Fees for Services Legal-$64,615-$64,615
Information Technology$20,243$34,674$2,544$57,461
Fees for Services Other$6,150$41,942-$48,092
All Other Expenses-$40,710$140$40,850
Grants to Domestic Individuals$36,107--$36,107
Pension Plan Contributions$10,601$2,747$424$13,772
Insurance-$5,739-$5,739
Conferences and Meetings$1,922$3,246$241$5,409
Travel$1,696$2,865$213$4,774
Advertising$1,053$1,778$132$2,963
Other Expenses$725$1,224$91$2,040
Total Functional Expenses$2,953,932$621,528$48,894$3,624,354
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$38,523
Fundraising Gross Income$26,174
Gaming Gross Income$3,456
Gaming Direct Expenses$2,039
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Willy Street Festival$47,222$23,347$1,509$21,838
Golf Tournament$10,324$4,439$201$4,238
Total Events$57,546$27,786$35,716$-7,930
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Notes Payable, Cdbg$5,687,834
Security Deposits$171,220
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The prepared form 990 is reviewed and approved by the members of the governing body before the return is filed with the irs.”

Form 990, Part VI, Section B, Line 12C

“Annually, all members of the governing body complete and sign a form disclosing all potential conflicts of interest. The disclosure forms are reviewed by the governing body. The signed forms are kept at the organization's administrative office. An individual with a potential conflict of interest may not be present at the meetings where the governing body's deliberations and decisions on the potential conflict of interest take place.”

Form 990, Part VI, Section B, Line 15

“A committee of the governing body conducts an annual performance review of the management team, reviews compensation for comparable positions, and recommends a compensation amount that is submitted to the entire governing body for approval as part of the annual budgeting process. The process is undertaken on an annual basis.”

Form 990, Part VI, Section C, Line 19

“The organization made its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Common Wealth Development Inc
EIN
39-1323500
Phone
6082563527
Address
1501 WILLIAMSON ST, MADISON, WI 53703-3728

Signing Officer

Name
Justice Castaneda
Title
Executive Director
Phone
6082563527
Signed
2022-08-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Justice Castaneda
Formed
1979
Legal Domicile
Wi
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
42

Preparer

Firm
Wegner Cpas Llp
Address
2921 LANDMARK PL STE 300, MADISON, WI 53713-4236
Preparer
Mike Hablewitz CPA
Phone
6082744020
Supplemental Narrative

Additional Explanations

FORM 990, PART V, LINE 2A:

“Common wealth development, inc. Leases employees from a professional employment organization, qti human resources, llc. The employees are considered common law employees of common wealth development, inc., however, qti human resources, llc is the employer of record and employees get their w2s from qti human resources, llc.”

Financial Statement Notes

PART V, LINE 4:

“The income from the endowment funds can be used to support the organization's general activities.”

Raw XML AppendixShowing 400 of 675 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0604390
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0185830
IRS990/AccountsReceivableGrp/BOYAmt050418
IRS990/AccountsReceivableGrp/EOYAmt076259
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO SUPPORT AND PRESERVE THE VITALITY OF NEIGHBORHOODS IN THE MADISON METROPOLITAN AREA.
IRS990/AdvertisingGrp/FundraisingAmt0132
IRS990/AdvertisingGrp/ManagementAndGeneralAmt01778
IRS990/AdvertisingGrp/ProgramServicesAmt01053
IRS990/AdvertisingGrp/TotalAmt02963
IRS990/AllOtherContributionsAmt0458185
IRS990/AllOtherExpensesGrp/FundraisingAmt0140
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt040710
IRS990/AllOtherExpensesGrp/TotalAmt040850
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/PersonNm0JUSTICE CASTANEDA
IRS990/BooksInCareOfDetail/PhoneNum06082563527
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01501 WILLIAMSON ST
IRS990/BooksInCareOfDetail/USAddress/CityNm0MADISON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0WI
IRS990/BooksInCareOfDetail/USAddress/ZIPCd0537033728
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt021214
IRS990/CashNonInterestBearingGrp/EOYAmt0454281
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt02
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0178184
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0178184
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/FundraisingAmt0241
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt03246
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt01922
IRS990/ConferencesMeetingsGrp/TotalAmt05409
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/ContractorCompensationGrp/CompensationAmt01356294
IRS990/ContractorCompensationGrp/CompensationAmt11279843
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt01010 E WASHINGTON AVE UNIT 314
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt13234 COUNTY HWY N
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0MADISON
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1COTTAGE GROVE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0WI
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1WI
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd053703
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd153527
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0QTI HUMAN RESOURCES LLC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1CONNERY CONSTRUCTION
IRS990/ContractorCompensationGrp/ServicesDesc0EMPLOYEE LEASING
IRS990/ContractorCompensationGrp/ServicesDesc1GENERAL CONTRACTING
IRS990/ContriRptFundraisingEventAmt031372
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01392837
IRS990/CYGrantsAndSimilarPaidAmt036107
IRS990/CYInvestmentIncomeAmt01215
IRS990/CYOtherExpensesAmt02122413
IRS990/CYOtherRevenueAmt079319
IRS990/CYProgramServiceRevenueAmt02301197
IRS990/CYRevenuesLessExpensesAmt0150214
IRS990/CYSalariesCompEmpBnftPaidAmt01465834
IRS990/CYTotalExpensesAmt03624354
IRS990/CYTotalFundraisingExpenseAmt048894
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt03774568
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt030482
IRS990/DeferredRevenueGrp/EOYAmt064551
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt013125
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0564598
IRS990/DepreciationDepletionGrp/TotalAmt0577723
IRS990/Desc0HOUSING PROVIDES AFFORDABLE RENTAL HOUSING OPPORTUNITIES TO LOW AND MODERATE-INCOME HOUSEHOLDS THROUGH THE OWNERSHIP AND MANAGEMENT OF 157 APARTMENTS. THERE ARE 111 APARTMENTS SCATTERED THROUGHOUT THE WILLIAMSON-MARQUETTE NEIGHBORHOOD ON MADISON'S EAST SIDE, AND 46 APARTMENTS IN THE MEADOWOOD NEIGHBORHOOD ON MADISON'S SOUTHWEST SIDE. CWD ALSO ADMINISTERS 20 UNITS OF AFFORDABLE HOME OWNERSHIP.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd01
IRS990/DocumentRetentionPolicyInd01
IRS990/DonatedServicesAndUseFcltsAmt0-21139
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt0502568
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0489174
IRS990/DonorRstrOrQuasiEndowmentsInd01
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt01608025
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FederatedCampaignsAmt010233
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt074932
IRS990/FeesForServicesAccountingGrp/TotalAmt074932
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt064615
IRS990/FeesForServicesLegalGrp/TotalAmt064615
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt041942
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt06150
IRS990/FeesForServicesOtherGrp/TotalAmt048092
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt131.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt141.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt151.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1640.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1740.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd7X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt167288
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt177574
IRS990/Form990PartVIISectionAGrp/PersonNm0CONNOR SABATINO
IRS990/Form990PartVIISectionAGrp/PersonNm1LESLIE FREEHILL
IRS990/Form990PartVIISectionAGrp/PersonNm2BENJAMIN LEROY
IRS990/Form990PartVIISectionAGrp/PersonNm3BETH WELCH
IRS990/Form990PartVIISectionAGrp/PersonNm4VANESSA KUETTEL
IRS990/Form990PartVIISectionAGrp/PersonNm5SUSAN DAY
IRS990/Form990PartVIISectionAGrp/PersonNm6DEAN LOUMOS
IRS990/Form990PartVIISectionAGrp/PersonNm7ROBERT PAOLINO
IRS990/Form990PartVIISectionAGrp/PersonNm8SHAYA SCHREIBER
IRS990/Form990PartVIISectionAGrp/PersonNm9ERIC GAVINS
IRS990/Form990PartVIISectionAGrp/PersonNm10AMY WICK
IRS990/Form990PartVIISectionAGrp/PersonNm11AUTUMN NEUGENT
IRS990/Form990PartVIISectionAGrp/PersonNm12RUDY MOORE
IRS990/Form990PartVIISectionAGrp/PersonNm13TYRONE CRATIC-WILLIAMS
IRS990/Form990PartVIISectionAGrp/PersonNm14JOCLYN ACUNA
IRS990/Form990PartVIISectionAGrp/PersonNm15ERICA YOUNG
IRS990/Form990PartVIISectionAGrp/PersonNm16JUSTICE CASTANEDA
IRS990/Form990PartVIISectionAGrp/PersonNm17STEFAN DAVIDSON
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1688664
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1774458
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT (THRU SEPTEMBER)
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDENT (FROM OCTOBER)
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4TREASURER (FROM MID-DECEMBER)
IRS990/Form990PartVIISectionAGrp/TitleTxt5TREASURER (THRU MID-DECEMBER)
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR (THRU MID-DECEMBER)
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR (THRU MID-DECEMBER)
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR (THRU MID-DECEMBER)
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR (THRU MID-DECEMBER)
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR (THRU MID-DECEMBER)
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17FINANCE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01979
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt031372
IRS990/FundraisingDirectExpensesAmt038523
IRS990/FundraisingGrossIncomeAmt026174
IRS990/GamingActivitiesInd00
IRS990/GamingDirectExpensesAmt02039
IRS990/GamingGrossIncomeAmt03456
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GovernmentGrantsAmt0893047
IRS990/GrantAmt08065
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt036107
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt036107
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt03815130
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt02544
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt034674
IRS990/InformationTechnologyGrp/ProgramServicesAmt020243
IRS990/InformationTechnologyGrp/TotalAmt057461
IRS990/InsuranceGrp/ManagementAndGeneralAmt05739
IRS990/InsuranceGrp/TotalAmt05739
IRS990/InterestGrp/ProgramServicesAmt0261528
IRS990/InterestGrp/TotalAmt0261528
IRS990/InvestmentIncomeGrp/ExclusionAmt01215
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01215
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt0145419
IRS990/InvestmentsProgramRelatedGrp/EOYAmt0145419
IRS990/IRPDocumentCnt048
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt05434961
IRS990/LandBldgEquipBasisNetGrp/BOYAmt013239654
IRS990/LandBldgEquipBasisNetGrp/EOYAmt014408668
IRS990/LandBldgEquipCostOrOtherBssAmt019843629
IRS990/LegalDomicileStateCd0WI
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0COMMON WEALTH DEVELOPMENT, INC. SUPPORTS AND PRESERVES THE VITALITY OF NEIGHBORHOODS IN THE MADISON METROPOLITAN AREA. OUR WORK SERVES AS THE FOUNDATIONAL BEDROCK OF HEALTHY COMMUNITY AND ECONOMIC DEVELOPMENT, WITH PROJECTS AIMED AT IMPROVING THE HOUSING AND BUSINESS CLIMATE OF OUR NEIGHBORHOODS THROUGH A PEOPLE-FIRST APPROACH CENTERED ON RACIAL EQUITY AND COMMUNITY LEVEL HEALTH IMPROVEMENT.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt05704661
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt06958330
IRS990/NetAssetsOrFundBalancesBOYAmt03703202
IRS990/NetAssetsOrFundBalancesEOYAmt03832277
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-12349
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-12349
IRS990/NetIncomeFromGamingGrp/ExclusionAmt01417
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt01417
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt03200634
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt03343103
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt04288
IRS990/OccupancyGrp/ProgramServicesAmt0886449
IRS990/OccupancyGrp/TotalAmt0890737
IRS990/OfficeExpensesGrp/FundraisingAmt0431
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt032641
IRS990/OfficeExpensesGrp/ProgramServicesAmt045136
IRS990/OfficeExpensesGrp/TotalAmt078208
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0751466
IRS990/OtherAssetsTotalGrp/EOYAmt0901085
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt05439
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt035259
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0136059
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0176757
IRS990/OtherExpensesGrp/Desc0BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/Desc1DUES AND SUBSCRIPTIONS
IRS990/OtherExpensesGrp/FundraisingAmt091
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt07342
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11224
IRS990/OtherExpensesGrp/ProgramServicesAmt0725
IRS990/OtherExpensesGrp/TotalAmt07342
IRS990/OtherExpensesGrp/TotalAmt12040
IRS990/OtherLiabilitiesGrp/BOYAmt05425307
IRS990/OtherLiabilitiesGrp/EOYAmt05859054
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0LAWSUIT SETTLEMENT
IRS990/OtherRevenueMiscGrp/ExclusionAmt090251
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt090251
IRS990/OtherRevenueTotalAmt090251
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt036469
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt058259
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0912369
IRS990/OtherSalariesAndWagesGrp/TotalAmt01007097
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt02770
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt017958
IRS990/PayrollTaxesGrp/ProgramServicesAmt069296
IRS990/PayrollTaxesGrp/TotalAmt090024
IRS990/PensionPlanContributionsGrp/FundraisingAmt0424
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt02747
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt010601
IRS990/PensionPlanContributionsGrp/TotalAmt013772
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0499416
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0447690
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt063884
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt060494
IRS990/PrincipalOfficerNm0JUSTICE CASTANEDA
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1624310
IRS990/ProgramServiceRevenueGrp/BusinessCd2624200
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc1ECONOMIC DEVELOPMENT R
IRS990/ProgramServiceRevenueGrp/Desc2HOUSING REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02245990
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt151516
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt23691
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02245990
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt151516
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt23691
IRS990/ProgSrvcAccomActy2Grp/Desc0ECONOMIC DEVELOPMENT CONSISTS OF ADULT AND YOUTH WORKFORCE DEVELOPMENT AND MANAGEMENT OF TWO BUSINESS INCUBATORS. CWD MANAGES A 42,000 SQUARE FOOT BUSINESS INCUBATOR PROVIDING SMALL BUSINESS TECHNICAL ASSISTANCE AND REFERRALS, A 50,000 SQUARE FOOT LIGHT INDUSTRIAL BUILDING AND A COMMUNITY BASED EMPLOYMENT TRAINING AND PLACEMENT PROGRAM WITH CASE MANAGEMENT SUPPORT. THE YOUTH AND ADULT WORKFORCE DEVELOPMENT PROGRAMS COACH PARTICIPANTS IN FINANCIAL FLUENCY, JOB READINESS AND ENTREPRENEURIAL LEADERSHIP.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt01291028
IRS990/ProgSrvcAccomActy2Grp/GrantAmt027751
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0671689
IRS990/ProgSrvcAccomActy3Grp/Desc0HEALTH EQUITY INTEGRATES COMPREHENSIVE COMMUNITY HEALTH APPROACHES TO VIOLENCE PREVENTION.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt054879
IRS990/ProgSrvcAccomActy3Grp/GrantAmt0291
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0845588
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt08379
IRS990/PYInvestmentIncomeAmt02279
IRS990/PYOtherExpensesAmt01881927
IRS990/PYOtherRevenueAmt01520
IRS990/PYProgramServiceRevenueAmt02150292
IRS990/PYRevenuesLessExpensesAmt0-263272
IRS990/PYSalariesCompEmpBnftPaidAmt01372645
IRS990/PYTotalExpensesAmt03262951
IRS990/PYTotalProfFndrsngExpnsAmt00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$16,900,042
Liabilities
$13,067,765
Net assets
$3,832,277
Revenue
$3,774,568
Expenses
$3,624,354
Net income
$150,214
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.7$13.7$4.01$4.59$4.38$0.21
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.4$14.0$3.36$3.48$4.06$0.58
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.8$13.9$3.92$3.80$3.73$0.06
2021Detailed filing. Detailed filing data is available for this year.$16.9$13.1$3.83$3.77$3.62$0.15
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.5$11.8$3.70$3.00$3.26$0.26
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.9$10.9$4.00$3.11$3.50$0.39
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.4$11.1$4.39$2.62$2.47$0.15
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.9$8.67$2.27$2.31$2.37$0.06
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.0$8.62$2.33$2.32$2.28$0.03
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.4$8.10$2.30$1.97$1.92$0.05
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.72$7.47$2.25$1.87$1.82$0.06
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$8.53$6.34$2.19$1.74$1.83$0.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.04$5.77$2.28$1.66
2011Summary only. Only limited summary data is available for this year.$6.95$4.93$2.02$1.66$1.67$0.01