COMMUNITY ENTERPRISE DEVELOPMENT SERVICES
1450 S HAVANA STREET SUITE 620, AURORA, CO 80012 www.cedsfinance.org

Total Revenue
$1,027,209
Total Expenses
$875,277
Net Assets
$1,373,083

Organizations Filed Purposes: 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.

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.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Alexandria WiseEXECUTIVE DIRECTOR40$94,215
Karol JonesDIRECTOR1$0
Brian BurkeDIRECTOR1$0
Abram SlossDIRECTOR1$0
Doug VilsackDIRECTOR1$0
Paul SteinDIRECTOR1$0
Zaynab SepahiSECRETARY1$0
Josh PeeblesTREASURER1$0
Jeremy HarkeyCHAIR1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202042199349300849_public.xml