Nonprofit · EIN 84-2956832
COBIZ RICHMOND INC
Tax-exempt · RICHMOND, CA 94801
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $747,923 | $679,124 | $68,799 | $288,376 | $208,552 | $79,824 |
| December 31, 2024 | 990 | $928,989 | $891,407 | $37,582 | $180,718 | $169,693 | $11,025 |
| December 31, 2023 | 990 | $610,382 | $622,340 | -$11,958 | $143,496 | $170,053 | -$26,557 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $293,592
- Program service revenue
- $411,363
- Investment income
- $0
- Other revenue
- $42,968
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $129,521
- Salaries, compensation and benefits (total)
- $144,826
- Professional fundraising fees
- $0
- Legal fees
- $136,471
- Accounting fees
- $34,860
- Occupancy
- $178,904
- Travel
- $954
- Program services (functional)
- $543,300
- Management and general (functional)
- $135,824
Balance sheet and other
- Total assets, start of year
- $180,718
- Total assets, end of year
- $288,376
- Total liabilities, end of year
- $208,552
- Net assets, end of year
- $79,824
- Gross unrelated business income
- $90,866
- Gross receipts
- $747,923
- Employees
- 1
- Year formed
- 2019
- State of legal domicile
- CA
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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHRIS HORTON | BOARD OF DIRECTOR Trustee or director, Officer | 1 | $0 |
| MICHAEL MARTIN | TREASURER Trustee or director, Officer | 1 | $0 |
| BRET SWEET | CHAIRMAN Trustee or director, Officer | 1 | $0 |
| EMMANUAL HYPPOLITE | BOARD OF DIRECTOR Trustee or director, Officer | 1 | $0 |
| MYISHA ROBERTSON | BOARD OF DIRECTOR Trustee or director, Officer | 1 | $0 |
| PHAETHON BROWN | BOARD OF DIRECTOR Trustee or director, Officer | 1 | $0 |
| DIANNA TREMBLAY | BOARD OF DIRECTORS Trustee or director, Officer | 1 | $0 |
| WESLEY ALEXANDER | CEO Officer | 65 | $0 |
990 for the year ended December 31, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHRIS HORTON | BOARD OF DIRECTOR Trustee or director, Officer | 1 | $0 |
| MICHAEL MARTIN | TREASURER Trustee or director, Officer | 1 | $0 |
| BRET SWEET | CHAIRMAN Trustee or director, Officer | 1 | $0 |
| EMMANUAL HYPPOLITE | BOARD OF DIRECTOR Trustee or director, Officer | 1 | $0 |
| MYISHA ROBERTSON | BOARD OF DIRECTOR Trustee or director, Officer | 1 | $0 |
| PHAETHON BROWN | BOARD OF DIRECTOR Trustee or director, Officer | 1 | $0 |
| WESLEY ALEXANDER | CEO Officer | 65 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BRET SWEET | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| JAMES LEE | DIRECTOR Trustee or director, Officer | 1 | $0 |
| MICHAEL MARTIN | TREASURER Trustee or director, Officer | 1 | $0 |
| LILY RAHNEMA | SECRETARY Trustee or director, Officer | 1 | $0 |
| WESLEY ALEXANDER | CEO Officer | 65 | $0 |
Address and contacts
- Address (IRS master file)
- 1503 MACDONALD AVE STE A, RICHMOND, CA 94801-3269
- In care of
- % WESLEY ALEXANDER
- Signed the 990
- WESLEY ALEXANDER, OFFICER
- Phone
- (510) 309-7107
- Website
- WWW.COBIZRICHMOND.COM
- Return prepared by
- Terence J Romney CPA PLLC
California records
California keeps its own records of charities and corporations. Search them by EIN 84-2956832 or by the name COBIZ RICHMOND INC.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
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
Program accomplishments
- COBIZ CONTINUED PROVIDING LOW TO NO COST BUSINESS INNOVATION AND INCUBATION SERVICES IN A COLLABORATIVE SHARED WORK-SPACE SETTING, SERVING THE COMMUNITY AND ESSENTIAL PROFESSIONALS THROUGH THE PANDEMIC AND NUMEROUS SHELTER IN PLACE ORDERS.Expenses $543,300 · grants $293,512
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 84-2956832
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2019
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S32)
- Assets (IRS master file)
- $288,376
- Income (IRS master file)
- $747,923
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $747,923 | $679,124 | $288,376 | XML |
| 990 | December 2024 | $928,989 | $891,407 | $180,718 | IRS |
| 990 | December 2023 | $610,382 | $622,340 | $143,496 | XML |
| 990 | December 2022 | $563,616 | $622,803 | $136,740 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-EZ | December 2019 | – | – | – | 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 84-2956832).
Questions about COBIZ RICHMOND INC
- What is the EIN of COBIZ RICHMOND INC?
- The employer identification number (EIN) of COBIZ RICHMOND INC is 84-2956832.
- Is COBIZ RICHMOND INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
- Are donations to COBIZ RICHMOND INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does COBIZ RICHMOND INC 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 COBIZ RICHMOND INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did COBIZ RICHMOND INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who are the officers and directors of COBIZ RICHMOND INC?
- The 990 for the year ended December 31, 2025 lists 8 people; 0 received compensation from the organization.
- How much revenue does COBIZ RICHMOND INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $747,923, expenses of $679,124 and total assets of $288,376 at year end.
Other nonprofits in RICHMOND
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- SOUTH BERKELEY NEIGHBORHOOD DEVELOPMENT CORPORATION EIN 94-3037196 · last filed 990 for 2024
- RICHMOND COMMUNITY-OWNED DEVELOPMENT ENTERPRISE EIN 83-3335321 · last filed 990 for 2025
- RYSE COMMONS EIN 83-4535921 · last filed 990 for 2025
- WEST CONTRA COSTA BUSINESS DEVELOPMENT CENTER EIN 68-0367278 · last filed 990 for 2025
- RICHMOND MAIN STREET INITIATIVE INC EIN 68-0481132 · last filed 990 for 2025
- FOR A LOVING FUTURE EIN 87-1109213 · last filed 990 for 2025
- ROTARY CLUB OF RICHMOND INC EIN 20-5499127 · last filed 990-EZ for 2025
All nonprofits in RICHMOND · California · Community improvement and capacity building