MOMENTUM COMMUNITY ECONOMIC DEVELOPMENT SOCIETY

MOMENTUM COMMUNITY ECONOMIC DEVELOPMENT SOCIETY

The Society's program include: business development program, skills training programs, financial literacy programs and business services. All programs are geared towards the low-income earners which include the unemployed, underemployed and hard to employ individuals. During the year, volunteers cintributed an estimated 1,784 hours of services to assist the Society in carrying out services.


Charity Type

Location: CALGARY, AB Registration #/EIN # 883793218RR0001
Phone: (403) 272-9323 Type Welfare
Email: GLENNR@MOMENTUM.ORG Category Welfare org., n.e.c.
Website: WWW.MOMENTUM.ORG Operating Budget:
Facebook: https://www.facebook.com/MomentumCalgary Twitter https://twitter.com/momentumcalgary
Executive Director: Jeff Loomis

What is Organization's Mandate

Mission Statement:

Partnering with the underemployed to develop their productive futures.

Programs/Services Provided:


Charity information Other Information
Board Members:View Charity Board Information Need Emergency Fundings :
Emergency Funding Information: Donor Bill of Rights Adopted:No
Major Donors: Code of Ethical Fundraising Adopted:No
Number Of Staff Involved:40 Strategic Plan Guiding Growth:
Size of the Organization: Very Large Updated Board Governance Manual & terms:
Number of Volunteers:133
Number of People Impacted:4252

Financial Data

Revenues: $3,605,662.00 Revenues: $4,408,945.00 Revenues: $4,799,945.00 Revenues: $5,089,583.00 Revenues: $5,420,428.00 Revenues: $5,480,688.00 Revenues: $6,414,020.00 Revenues: $6,519,546.00 Revenues: $7,061,695.00 Revenues: $7,307,228.00 Revenues: $3,605,662.00 Revenues: $4,408,945.00 Revenues: $4,799,945.00 Revenues: $5,089,583.00 Revenues: $5,420,428.00 Revenues: $5,480,688.00 Revenues: $6,414,020.00 Revenues: $6,519,546.00 Revenues: $7,061,695.00 Costs:$3,495,525.00 Costs:$4,183,598.00 Costs:$4,548,527.00 Costs:$4,958,058.00 Costs:$5,039,283.00 Costs:$5,509,606.00 Costs:$5,984,835.00 Costs:$6,552,486.00 Costs:$6,494,112.00 Costs:$6,813,864.00 Costs:$3,495,525.00 Costs:$4,183,598.00 Costs:$4,548,527.00 Costs:$4,958,058.00 Costs:$5,039,283.00 Costs:$5,509,606.00 Costs:$5,984,835.00 Costs:$6,552,486.00 Costs:$6,494,112.00 Costs:$6,813,864.00
Fiscal Year End: 12/31/2015
Organizational Budget Breakdown Financial Statement:
Revenue:
Gifts with Receipts: $776,259.00
Gifts without Receipts: $18,920.00
Government Contributions: $1,621,616.00
Other Revenue : $4,890,433.00
Total Revenue : $7,307,228.00
Expenses
Charitable Programs & Services : $7,183,025.00
Fundraising : $423,360.00
Management & Administrative : $1,091,096.00
Total Expenses : $6,813,864.00
Profit/Loss: $493,364.00
Assets
Cash : $5,281,650.00
Long Term Investments: $0.00
Other Assets: $780,217.00
Total Assets: $6,061,867.00
Liabilities
Accounts Payable: $881,099.00
Deferred Revenue: $1,756,815.00
Other Liabilities: $770,490.00
Total Liabilities: $3,408,404.00
Fiscal Year EndOperating Costs
12/31/2015$6,813,864.00
12/31/2014$6,494,112.00
12/31/2013$6,552,486.00
12/31/2012$5,984,835.00
12/31/2011$5,509,606.00
12/31/2010$5,039,283.00
12/31/2009$4,958,058.00
12/31/2008$4,548,527.00
12/31/2007$4,183,598.00
12/31/2006$3,495,525.00

Overhead Expenses:


Charity Projects

No projects have been registered yet.

Key Issues


    Volunteer Opportunities


    No open vacancies for now

    Documents

    Financial Documents Provided by Charity

    filenamedescriptionUpload Date 
    2014 Signed audited statements.pdf 06/22/2015 Download
    2015-year-in-review.pdf 12/23/2016 Download

    Documents Provided by Charity

    File NameDescriptionUpload Date 
    2009 Annual Report.pdf 2009 Annual Report Download
    2014-Momentum-YIR.pdf 06/22/2015 Download
    Momentum-AR2012-Flattened.pdf 06/22/2015 Download

    Supplemental Documents Provided by Charity

    File NameDescriptionUpload Date 
    Impact letter June 2016.pdf 12/23/2016 Download

    Some miscellaneous charity information shown of Charity home page:

    economic development, poverty, employment, immigrant, entrepreneur

    Inkind Donations

    Value of in-kind donations for this fiscal year:
    Did you use this donation to match another?
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    Additional comments:
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