2024-05-10T11:01:59-07:00 2023-12-31 990EZ 2023-01-01 842505013 ELM AVE COWORKING ELMA 7342101726 115 E Elm Avenue Monroe MI 48162 Jeff Beamsley Treasurer 7346529539 2024-05-08 Jeff Beamsley 999009999 1 1 11 1 AAL2 2023 2023-04-26 12:10:37Z X X elmaveco.org X X 154350 X 129951 23980 0 419 0 0 0 0 0 0 0 0 0 0 0 154350 0 0 40712 8008 74119 0 33683 156522 -2172 34024 8069 39921 X 1972 704 0 0 32052 48022 34024 48726 0 8805 34024 39921 Elm Ave. Coworking's primary exempt purpose is to create new business opportunities and infrastructure, train and mentor those interested in acquiring high demand skills, and better the community in Monroe County, MI with particular focus on the underserved, under employed, and unemployed. Continue to work with tenants and service providers including helping them grow their businesses, acquire new skills, and improve the start-up and small business economy in Monroe County particularly for the underserved, under employed, and unemployed. 0 103476 Implemented ARPA Grant funded Digital Literacy grant for an underserved community in Monroe, MI. In August, 2023 received approved to expand the program to include at risk middle school and high school teens. Hired three instructors. Held 8 class sessions with a total of 51 classes and an average of 10 students per class. Each class was between 60 and 90 minutes. Seniors made dramatic progress from being basically illiterate to being able to shop online, use social media to communicate with their friends and family, edit and upload pictures, make and upload videos, and create gifts using digital designs of their own creation. Teens quickly mastered digital design tools, made their own t-shirts, and competed in a logo design contest sponsored by a local non-profit. In addition to the ARPA grant from Monroe County ($63,886), the Arthur Lesow Community Center provides space for classes valued at $7650 for 2023. 71536 48449 Community WiFi - Completed project to provide 6 free high speed internet hot spots serving a Qualified Census Tract. Elm Ave Coworking continues to manage and support the network. It also pays for the internet connections at one of the hot spots. 5 TB Download (Terabytes!) 180 GB Upload 2100 user experiences serving 700 families The expense is providing internet service at one of the 6 hot spot locations. The other five donate internet connectivity valued at $9,000/yr. All six provide internal racks space and external physical mounting valued at $7,200/yr. 16200 1359 153284 Nolan Beamsley President 15.38 40712 0 0 Jeff Beamsley Treasurer 10 0 0 0 John Hile Vice President 2 0 0 0 Patty Thompson Secretary 2 0 0 0 Tim Lake Board Member 1 0 0 0 Kristina Rodriguez Board Member 5 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 MI Jeff Beamsley 8628 South Lakeview Rd Traverse City MI 49684 7346529539 0 0 0 0 0 0 0 0 0 0 0 NONE NONE 1 X 51800 108044 66131 129951 355926 0 0 23980 23980 0 0 0 0 0 0 0 0 21300 21300 0 51800 108044 66131 175231 401206 0 0 66065 66065 0 0 0 0 66065 66065 335141 19950 24150 38763 82863 0 0 0 0 19950 24150 38763 0 82863 0 0 0 0 0 0 0 71750 132194 104894 175231 484069 X Form 990-EZ, Part I, Line 16 Program expense - 29347.43 marketing - 3140.52 tax processing - 317.36 bank fees and interest charges - 877.30 Form 990-EZ, Part I, Line 20 purchase of computer equipment for Digital literacy training - $16,169.86 plus EOY bank balance of $704.20 less credit card EOY balance - $8,805.42 equals $8068.64 Form 990-EZ, Part II, Line 24 last years assets - $34,024 plus Computer equipment $16169.86 less the loss of 2172 Form 990-EZ, Part II, Line 26 American Express credit card balance - $6856.08 chase business Ink credit card balance - $1949.34