Nonprofit · EIN 45-3064996
COMMUNITY ENTERPRISE DEVELOPMENT SERVICES
Tax-exempt · AURORA, CO 80010
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $1,536,762 | $2,529,434 | -$992,672 | $12,562,293 | $8,801,787 | $3,760,506 |
| September 30, 2024 | 990 | $3,346,203 | $2,887,554 | $458,649 | $12,247,897 | $7,494,719 | $4,753,178 |
| September 30, 2023 | 990 | $2,641,150 | $2,377,333 | $263,817 | $11,399,395 | $7,104,866 | $4,294,529 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $906,069
- of which government grants
- $386,193
- Program service revenue
- $467,915
- Investment income
- $162,778
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $578,000
- Other salaries and wages
- $834,558
- Salaries, compensation and benefits (total)
- $1,682,383
- Professional fundraising fees
- $0
- Legal fees
- $4,873
- Accounting fees
- $42,000
- Occupancy
- $180,845
- Travel
- $8,721
- Depreciation
- $44,161
- Program services (functional)
- $1,893,721
- Management and general (functional)
- $361,610
- Fundraising (functional)
- $274,103
Balance sheet and other
- Total assets, start of year
- $12,247,897
- Total assets, end of year
- $12,562,293
- Total liabilities, end of year
- $8,801,787
- Net assets, end of year
- $3,760,506
- Land, buildings and equipment
- $85,226
- Net assets without donor restrictions
- $3,408,226
- Net assets with donor restrictions
- $352,280
- Gross receipts
- $1,536,762
- Employees
- 20
- Volunteers
- 23
- Year formed
- 2011
- State of legal domicile
- CO
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ALEXANDRIA WISE | Executive Dir. Officer | 40 | $162,247 | $15,570 |
| ANTHONY PELZ | DIRECTOR OF LENDING | 40 | $156,476 | $1,913 |
| DIANA PADGETT | DIRECTOR OF FINANC | 40 | $121,169 | $17,028 |
| CARRIE HANSON | DIRECTOR OF DEVELO | 40 | $114,777 | $15,670 |
| JONALYN DENLINGER | BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| MARIE PETERS | Director Trustee or director | 1 | $0 | $0 |
| PATRICK HORVATH | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| NICOLE CARNER | Secretary Trustee or director, Officer | 1 | $0 | $0 |
| TRICIA ALLEN | Director Trustee or director | 1 | $0 | $0 |
| JORGE ABURTO | Director Trustee or director | 1 | $0 | $0 |
| WILLIAM HUNTER RAILEY | Director Trustee or director | 1 | $0 | $0 |
| SARAH MONTGOMERY | Treasurer Trustee or director, Officer | 1 | $0 | $0 |
| JOHN PALYO | Director Trustee or director | 1 | $0 | $0 |
| ARLENE DELGADO | Director Trustee or director | 1 | $0 | $0 |
| TIMOTHY FLOYD | Director Trustee or director | 1 | $0 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JESSICA SVEEN | Director Trustee or director | 1 | $0 |
990 for the year ended September 30, 2024: 14 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ALEXANDRIA WISE | Executive Dir. Officer | 40 | $166,781 | $13,227 |
| JONALYN DENLINGER | BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| JOSH PEEBLES | Treasurer Trustee or director, Officer | 1 | $0 | $0 |
| PATRICK HORVATH | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| NICOLE CARNER | Secretary Trustee or director, Officer | 1 | $0 | $0 |
| KAROL JONES | Director Trustee or director | 1 | $0 | $0 |
| JEREMY HARKEY | Director Trustee or director | 1 | $0 | $0 |
| TRICIA ALLEN | Director Trustee or director | 1 | $0 | $0 |
| JORGE ABURTO | Director Trustee or director | 1 | $0 | $0 |
| WILLIAM HUNTER RAILEY | Director Trustee or director | 1 | $0 | $0 |
| SARAH MONTGOMERY | Director Trustee or director | 1 | $0 | $0 |
| JOHN PALYO | Director Trustee or director | 1 | $0 | $0 |
| ARLENE DELGADO | Director Trustee or director | 1 | $0 | $0 |
| TIMOTHY FLOYD | Director Trustee or director | 1 | $0 | $0 |
990 for the year ended September 30, 2023: 7 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ALEXANDRIA WISE | EXECUTIVE DIRECTOR Officer | 40 | $100,209 | $9,216 |
| KAROL JONES | BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| JONALYN DENLINGER | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| JOSH PEEBLES | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| PATRICK HORVATH | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| NICOLE CARNER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JEREMY HARKEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 10660 E COLFAX AVE STE B, AURORA, CO 80010-5048
- In care of
- % ALEXANDRIA WISE
- Principal officer (990 for 2024)
- ALEXANDRIA WISE, 10660 EAST COLFAX AVE SUITE B, AURORA, CO 80010
- Signed the 990
- ALEXANDRIA WISE, Executive Director
- Phone
- (303) 569-8165
- Website
- WWW.CEDSFINANCE.ORG
- Return prepared by
- Olson Reyes & Sauerwein LLC
Mission
COMMUNITY ENTERPRISE DEVELOPMENT SERVICES' MISSION 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.
Program accomplishments
- CEDS Finance empowers small business entrepreneursparticularly low-income owners with few other alternativesby providing access to patient capital and personalized business consulting. It's a certified Community Development Financial Institution (CDFI) since 2015, targeting low-income populations and qualified investment areas.In FY25, CEDS Finance advanced its mission by deploying $3.5 million across 108 loans and murabahas to underserved entrepreneurs that created or retained 254 jobs. The organization achieved a 15% improvement in approval efficiency due to enhanced pre-screening. CEDS Finance maintained strong portfolio performance with a net charge-off ratio of 0.2% (well below the 2.8% benchmark) while growing its portfolio by 16.8% to $5.7 million. Key operational enhancements included expanding software efficiencies with two new modules that speed up monthly reporting and improve data accuracy, as well as launching a new online payment portal. The portal has demonstrated early success with 42% of clients are repeat usersdemonstrating early demand for improved repayment flexibility. These improvements strengthen efficiency and impact, enabling a smaller investment team to sustain deployment levels while increasing service accessibility for low-income and immigrant business owners.CEDS Finance provided 3,243 hours of free technical assistance for small business owners, and hosted or attended 58 community events that generated nearly 200 completed loan applications.By breaking down barriers to capital with culturally responsive products and services in 16 languages, CEDS Finance is creating a more effective financial system where every entrepreneur has the resources to thrive.Expenses $1,893,721 · revenue $467,915
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 15, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 16, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 17, 2025 | 990 on file |
IRS record
- EIN
- 45-3064996
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2012
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P51)
- Assets (IRS master file)
- $12,562,293
- Income (IRS master file)
- $1,536,762
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $1,536,762 | $2,529,434 | $12,562,293 | XML |
| 990 | September 2024 | $3,346,203 | $2,887,554 | $12,247,897 | XML |
| 990 | September 2023 | $2,641,150 | $2,377,333 | $11,399,395 | XML |
| 990 | September 2022 | $1,970,968 | $1,239,201 | $7,813,338 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 45-3064996).
Questions about COMMUNITY ENTERPRISE DEVELOPMENT SERVICES
- What is the EIN of COMMUNITY ENTERPRISE DEVELOPMENT SERVICES?
- The employer identification number (EIN) of COMMUNITY ENTERPRISE DEVELOPMENT SERVICES is 45-3064996.
- Is COMMUNITY ENTERPRISE DEVELOPMENT SERVICES tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
- Are donations to COMMUNITY ENTERPRISE DEVELOPMENT SERVICES tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does COMMUNITY ENTERPRISE DEVELOPMENT SERVICES file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of COMMUNITY ENTERPRISE DEVELOPMENT SERVICES due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did COMMUNITY ENTERPRISE DEVELOPMENT SERVICES last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of COMMUNITY ENTERPRISE DEVELOPMENT SERVICES?
- The 990 for the year ended September 30, 2025 names ALEXANDRIA WISE.
- Who are the officers and directors of COMMUNITY ENTERPRISE DEVELOPMENT SERVICES?
- The 990 for the year ended September 30, 2025 lists 16 people; 4 received compensation from the organization, the highest $162,247 (ALEXANDRIA WISE, Executive Dir.).
- How much revenue does COMMUNITY ENTERPRISE DEVELOPMENT SERVICES have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $1,536,762, expenses of $2,529,434 and total assets of $12,562,293 at year end.
Other nonprofits in AURORA
- DEVELOPMENTAL PATHWAYS INC EIN 84-0534643 · last filed 990 for 2025
- SMITH AGENCY EIN 84-1198543 · last filed 990 for 2025
- SHALOM PARK EIN 74-2376546 · last filed 990 for 2025
- CONTINUUM OF COLORADO INC EIN 45-5324193 · last filed 990 for 2025
- THIRD FUTURE SCHOOLS--LOUISIANA EIN 93-1638103 · last filed 990 for 2025
- SECOND CHANCE CENTER INC EIN 90-0794239 · last filed 990 for 2025
- PROJECT WORTHMORE EIN 45-0933835 · last filed 990 for 2024
- VILLAGE EXCHANGE CENTER INC EIN 81-5174986 · last filed 990 for 2025