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Community Economics Inc

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Housing, Shelter / Housing Development, Construction, Management (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$1.17M (2023)

Expenses
$1.61M (2023)

Total Assets
$2.04M (2023)

Total Liabilities
$1.01M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,165,250
Expenses
$1,612,856
Net Income
-$447,606
Net Assets
$1,033,463
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,128,403
96.8%
Investment Income $40,368
3.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$3,521
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $557,561
34.6%
Professional Fundraising Fees $0
Other Salaries and Wages $563,687
34.9%
Assets/Debt
Total Assets $2,041,866
Total Liabilities $1,008,403
Net Assets $1,033,463
Compensation
Key Employees and Officers Compensation Related Other
Elissa Dennis (Executive Director) $269,149 $0 $40,490
Diana Downton (Sr Affordable Hsg Finance Consultant) $215,584 $0 $32,338
Linda Rivers (Office Manager) $162,289 $0 $31,015
Lisa Motoyama (Sr Affordable Hsg Finance Consultant) $144,576 $0 $26,301
Magda V Lira (Affordable Hsg Finance Consultant) $113,296 $0 $19,678
Mike Rawson (Secretary/Treasurer) $0 $0 $0
Lynette Lee (Director) $0 $0 $0
Dena Belzer (President) $0 $0 $0
Roy Linton Schweyer (Vice President) $0 $0 $0
Gisela Salgado (Director) $0 $0 $0
Steven Shum (Director) $0 $0 $0
Irma Poe (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,318,392
Expenses
$1,684,034
Net Income
-$365,642
Net Assets
$1,393,014
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,302,672
98.8%
Investment Income $24,987
1.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$9,267
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $751,212
44.6%
Professional Fundraising Fees $0
Other Salaries and Wages $387,285
23.0%
Assets/Debt
Total Assets $2,428,483
Total Liabilities $1,035,469
Net Assets $1,393,014
Compensation
Key Employees and Officers Compensation Related Other
Elissa Dennis (Executive Director) $251,262 $0 $37,689
Diana Downton (Sr Affordable Hsg Finance Consultant) $201,458 $0 $30,219
Lisa Motoyama (Sr Affordable Hsg Finance Consultant) $200,508 $0 $30,076
Linda Rivers (Office Manager) $153,470 $0 $23,020
Andrew Matsas (Affordable Hsg Finance Consultant) $119,313 $0 $17,897
Zohreh Khodabandelu (Sr Affordable Hsg Finance Consultant) $100,866 $0 $15,130
Mike Rawson (Secretary/Treasurer) $0 $0 $0
Lynette Lee (Director) $0 $0 $0
Dena Belzer (Director) $0 $0 $0
Roy Linton Schweyer (President) $0 $0 $0
Gisela Salgado (Vice President) $0 $0 $0
Steven Shum (Director) $0 $0 $0
Irma Poe (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,713,439
Expenses
$1,764,071
Net Income
-$50,632
Net Assets
$1,964,435
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,540,493
89.9%
Investment Income $40,577
2.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $132,369
7.7%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $908,412
51.5%
Professional Fundraising Fees $0
Other Salaries and Wages $291,151
16.5%
Assets/Debt
Total Assets $2,776,374
Total Liabilities $811,939
Net Assets $1,964,435
Compensation
Key Employees and Officers Compensation Related Other
Elissa Dennis (Executive Director) $238,312 $0 $37,026
Diana Downton (Sr Affordable Hsg Finance Consultant) $196,331 $0 $29,450
Lisa Motoyama (Sr Affordable Hsg Finance Consultant) $183,627 $0 $28,226
Zohreh Khodabandelu (Sr Affordable Hsg Finance Consultant) $159,744 $0 $35,696
Linda Rivers (Office Manager) $154,701 $0 $24,057
Andrew Matsas (Affordable Hsg Finance Consultant) $110,106 $0 $16,516
Mike Rawson (Secretary/Treasurer) $0 $0 $0
Lynette Lee (Director) $0 $0 $0
Dena Belzer (President) $0 $0 $0
Roy Linton Schweyer (Vice President) $0 $0 $0
Gisela Salgado (Director) $0 $0 $0
Steven Shum (Director) $0 $0 $0
Irma Poe (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,755,148
Expenses
$1,772,123
Net Income
-$16,975
Net Assets
$2,045,209
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,692,433
96.4%
Investment Income $28,238
1.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $34,477
2.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $658,856
37.2%
Professional Fundraising Fees $0
Other Salaries and Wages $464,473
26.2%
Assets/Debt
Total Assets $2,891,934
Total Liabilities $846,725
Net Assets $2,045,209
Compensation
Key Employees and Officers Compensation Related Other
Elissa Dennis (Executive Director) $227,976 $0 $34,196
Diana Downton (Sr Affordable Hsg Finance Consultant) $173,359 $0 $26,004
Lisa Motoyama (Sr Affordable Hsg Finance Consultant) $171,583 $0 $25,738
Zohreh Khodabandelu (Finance Consultant) $149,152 $0 $22,373
Linda Rivers (Office Manager) $137,682 $0 $20,652
Mike Rawson (Secretary/Treasurer) $0 $0 $0
Roy Linton Schweyer (Vice President) $0 $0 $0
Dena Belzer (President) $0 $0 $0
Lynette Lee (Director) $0 $0 $0
Gisela Salgado (Director) $0 $0 $0
Steven Shum (Director) $0 $0 $0
Irma Poe (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,442,135
Expenses
$1,536,703
Net Income
-$94,568
Net Assets
$1,942,616
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,383,733
96.0%
Investment Income $40,373
2.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $18,029
1.3%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $621,963
40.5%
Professional Fundraising Fees $0
Other Salaries and Wages $395,061
25.7%
Assets/Debt
Total Assets $3,040,847
Total Liabilities $1,098,231
Net Assets $1,942,616
Compensation
Key Employees and Officers Compensation Related Other
Elissa Dennis (Executive Director) $219,895 $0 $32,984
Lisa Motoyama (Sr Affordable Hsg Finance Consultant) $167,618 $0 $25,143
Diana Downton (Sr Affordable Hsg Finance Consultant) $153,325 $0 $22,999
Linda Rivers (Office Manager) $135,507 $0 $20,326
Zohreh Khodabandelu (Finance Consultant) $118,208 $0 $17,731
Mike Rawson (Secretary/Treasurer) $0 $0 $0
Roy Linton Schweyer (Vice President) $0 $0 $0
Dena Belzer (President) $0 $0 $0
Lynette Lee (Director) $0 $0 $0
Gisela Salgado (Director) $0 $0 $0
Steven Shum (Director) $0 $0 $0
Irma Poe (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,339,003
Expenses
$1,643,325
Net Income
-$304,322
Net Assets
$1,943,347
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,291,076
96.4%
Investment Income $40,399
3.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $7,528
0.6%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $530,863
32.3%
Professional Fundraising Fees $0
Other Salaries and Wages $470,320
28.6%
Assets/Debt
Total Assets $3,027,809
Total Liabilities $1,084,462
Net Assets $1,943,347
Compensation
Key Employees and Officers Compensation Related Other
Kevin Knudtson (Executive Director) $235,859 $0 $35,379
Elissa Dennis (Sr. Consultant) $223,993 $0 $35,632
Diana Downton (Finance Consultant) $153,085 $0 $22,963
Linda Rivers (Office Manager) $125,014 $0 $24,985
Lisa Motoyama (Finance Consultant) $104,587 $0 $35,142
Mike Rawson (Secretary/Treasurer) $0 $0 $0
Roy Linton Schweyer (Vice President) $0 $0 $0
Dena Belzer (President) $0 $0 $0
Lynette Lee (Director) $0 $0 $0
Gisela Salgado (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,355,480
Expenses
$1,371,461
Net Income
-$15,981
Net Assets
$2,312,263
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,325,323
97.8%
Investment Income $42,265
3.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$12,108
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $497,131
36.2%
Professional Fundraising Fees $0
Other Salaries and Wages $360,199
26.3%
Assets/Debt
Total Assets $3,725,628
Total Liabilities $1,413,365
Net Assets $2,312,263
Compensation
Key Employees and Officers Compensation Related Other
Kevin Knudtson (Executive Director) $217,779 $0 $32,667
Elissa Dennis (Sr. Consultant) $213,010 $0 $33,675
Diana Downton (Senior Consultant) $125,332 $0 $18,800
Linda Rivers (Office Manager) $122,151 $0 $27,268
Mike Rawson (Secretary/Treasurer) $0 $0 $0
Roy Linton Schweyer (Vice President) $0 $0 $0
Dena Belzer (President) $0 $0 $0
Cathy Craig (Director) $0 $0 $0
Lynette Lee (Director) $0 $0 $0
Gisela Salgado (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,320,648
Expenses
$1,572,248
Net Income
-$251,600
Net Assets
$2,237,703
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,267,627
96.0%
Investment Income $60,097
4.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$7,076
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $512,189
32.6%
Professional Fundraising Fees $0
Other Salaries and Wages $471,603
30.0%
Assets/Debt
Total Assets $3,941,362
Total Liabilities $1,703,659
Net Assets $2,237,703
Compensation
Key Employees and Officers Compensation Related Other
Kevin Knudtson (Executive Director) $228,829 $0 $34,324
Elissa Dennis (Sr. Consultant) $216,553 $0 $32,483
Joel Rubenzahl (Consultant) $133,087 $0 $19,963
Gigi Szabo (Senior Consultant) $112,867 $0 $9,036
Diana Downton (Senior Consultant) $111,353 $0 $16,703
Linda Rivers (Office Manager) $111,128 $0 $22,453
Mike Rawson (Secretary/Treasurer) $0 $0 $0
Roy Linton Schweyer (Vice President) $0 $0 $0
Cathy Craig (Director) $0 $0 $0
Dena Belzer (President) $0 $0 $0
Lynette Lee (Director) $0 $0 $0
Gisela Salgado (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,253,470
Expenses
$1,965,494
Net Income
-$712,024
Net Assets
$2,482,344
Notable Sources of Revenue Percent of Total Revenue
Contributions $100
0.0%
Program Services $1,141,190
91.0%
Investment Income $64,846
5.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $47,334
3.8%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $778,574
39.6%
Professional Fundraising Fees $0
Other Salaries and Wages $270,615
13.8%
Assets/Debt
Total Assets $4,173,007
Total Liabilities $1,690,663
Net Assets $2,482,344
Compensation
Key Employees and Officers Compensation Related Other
Joel Rubenzahl (Consultant) $258,047 $0 $39,082
Kevin Knudtson (Executive Director) $214,183 $0 $32,127
Elissa Dennis (Sr. Consultant) $204,413 $0 $30,722
Linda Rivers (Office Manager) $108,612 $0 $21,932
Diana Downton (Senior Consultant) $107,733 $0 $12,628
Mike Rawson (Secretary/Treasurer) $0 $0 $0
Roy Linton Schweyer (Vice President) $0 $0 $0
Cathy Craig (Director) $0 $0 $0
Dena Belzer (President) $0 $0 $0
Lynette Lee (Director) $0 $0 $0
Karen Chapple (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,581,673
Expenses
$1,889,584
Net Income
-$307,911
Net Assets
$3,324,943
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,422,331
89.9%
Investment Income $79,256
5.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $80,086
5.1%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $523,048
27.7%
Professional Fundraising Fees $0
Other Salaries and Wages $419,350
22.2%
Assets/Debt
Total Assets $4,839,674
Total Liabilities $1,514,731
Net Assets $3,324,943
Compensation
Key Employees and Officers Compensation Related Other
Joel Rubenzahl (Director) $255,364 $0 $42,120
Kevin Knudtson (Sr. Consultant) $196,143 $0 $29,421
Elissa Dennis (Sr. Consultant) $180,819 $0 $29,608
Linda Rivers (Office Manager) $105,613 $0 $22,048
Mike Rawson (Secretary/Treasurer) $0 $0 $0
Roy Linton Schweyer (Vice President) $0 $0 $0
Cathy Craig (Director) $0 $0 $0
Dena Belzer (President) $0 $0 $0
Lynette Lee (Director) $0 $0 $0
Karen Chapple (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,506,804
Expenses
$1,469,490
Net Income
$37,314
Net Assets
$3,690,694
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,437,734
95.4%
Investment Income $69,070
4.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $510,161
34.7%
Professional Fundraising Fees $0
Other Salaries and Wages $263,446
17.9%
Assets/Debt
Total Assets $5,112,762
Total Liabilities $1,422,068
Net Assets $3,690,694
Compensation
Key Employees and Officers Compensation Related Other
Joel Rubenzahl (Director) $217,430 $0 $68,265
Kevin Knudtson (Sr. Consultant) $168,496 $0 $55,970
Elissa Dennis (Sr. Consultant) $156,297 $0 $37,659
Alice Talcott (Sr. Consultant) $148,128 $0 $32,477
Mike Rawson (Secretary/Treasurer) $0 $0 $0
Roy Linton Schweyer (Vice President) $0 $0 $0
Mel Carriere (Director) $0 $0 $0
Dena Belzer (President) $0 $0 $0
Lynette Lee (Director) $0 $0 $0
Karen Chapple (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,498,418
Expenses
$1,569,486
Net Income
-$71,068
Net Assets
$3,549,972
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,413,590
94.3%
Investment Income $84,828
5.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $493,399
31.4%
Professional Fundraising Fees $0
Other Salaries and Wages $258,829
16.5%
Assets/Debt
Total Assets $4,820,124
Total Liabilities $1,270,152
Net Assets $3,549,972

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,450,183
Expenses
$1,442,921
Net Income
$7,262
Net Assets
$3,501,171
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,379,510
95.1%
Investment Income $70,673
4.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $504,527
35.0%
Professional Fundraising Fees $0
Other Salaries and Wages $353,609
24.5%
Assets/Debt
Total Assets $4,572,635
Total Liabilities $1,071,464
Net Assets $3,501,171

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

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For those interested in acquiring the original data from the source, here’s where our data comes from:

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