The Council of Urban Professionals Institute

Nonprofit profile at a glance

EIN
010683413
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
New York, NY, USA
Phone
9173288840
Rating
75
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Urban, Community Economic Development

Official website

Reported finances

Revenue
$1,529,406
Expenses
$1,353,468
Assets
$602,990
Liabilities
$224,675

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

23 people listed

Highest reported compensation

  • MELISSA FENTON (EXECUTIVE DI): $238,009 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The council of urban professionals institute's (cupi)mission is to inspire, elevate, and empower the next generation of diverse business, civic leaders and women.

What it reported doing in 2024

Summits & power forums: -- cup's 6th annual pipeline to power summit - hosted by white & case - in-person, wednesday, march 13th, 2024 2pm - 8pm et over 360 registered ales rudisar, director, global diversity & inclusion, white & case; melissa fenton, executive director, cup; hedieh fakhriyazdi, chief diversity officer, white & case; pamela everhart, head of regional public affairs, inclusion and impact, fidelity investments; kamalita abdool, managing director, head of securities services americas and global custodian coverage, deutsche bank; dale favors, managing partner, adaptive growth leadership; breen sullivan, founder, the fourth effect; captain zeita merchant, sector commander, captain of the port, u.s. Coast guard sector New York; kathryn burdett, americas head of diversity, equity & inclusion, deutsche bank; patricia pacheco de baez, managing director, senior private bank advisor, business development exec - diverse segment, bank of america private bank; sekou kaalund, head of branch and small business banking, u.s. Bank; sarah squiers, executive vice president, client relationships, televisaunivision; arlene arin hahn, partner, global head of the technology practice, white & case; alita t. Wingfield, managing director, head of talent for legal and compliance, morgan stanley; tyreek moore, founding partner of unified state group and ceo, tjt consulting services and culturevations; amanda samuel, head of s&p global market intelligence legal, global data business, s&p global; bola oyesanya, managing director, head of the law firm, j.p. Morgan private bank; jacqueline l. Chung, partner, white & case; jomaire crawford, litigation partner, quinn emanuel urquhart & sullivan, llp; pratik karia, head of engineering, buyside trading platform (aim), bloomberg lp; fernando a. Bohorquez jr., partner, litigation and intellectual property, bakerhostetler, nyct trustee, cup board member - -- cup media & entertainment summit - "navigating a changing landscape-; hosted by uta on friday, october 25th from 11:00am - 7:00pm et over 200 registered crescent muhammad - managing director, cup la; michael a. Persaud - portfolio manager, global sports and entertainment associate director, morgan stanley - cup board chair; jean-rene zetrenne - chief people officer, uta; karen toliver, producer, chasing miles productions; michael ealy - actor; matt johnson - founding partner, johnson shapiro slewett & kole llp; carla santiago - founder, stori.digital; steven wolfe pereira - ceo, alpha & co.; x. Eyee (they/them) - senior policy advisor, goldman school of public policy, uc berkeley; ceo, malo santo; gordon bobb - partner, del shaw; emerson davis - partner, uta; e. Brian dobbins - co- founder, co-president & producer, artists first; jamila hunter - president, macro tv studios; niija kuykendall - vice president film, netflix; dan limerick - chief operating officer, wme -- cup's alternative investments power forum, in-person, tuesday, may 7th, 2024, 4pm - 8pm et, "wealth creation in venture & infrastructure investing", hosted by morgan stanley, ares management, fidelity investments & gcm grosvenor; over 228 registered melissa fenton, executive director, cup; crescent muhammad, managing director, la, cup; michael a. Persaud, portfolio manager, global sports and entertainment associate director, morgan stanley, cup board chair; jay brown, co-founder and chairman, rocnation; indhira arrington, chief diversity, equity and inclusion officer, ares management, cup vice chair; cheryl alston, executive director and chief investment officer, dallas employees' retirement fund; jarvis v. Hollingsworth, vice chairman, irradiant partners, lp; edward keith iii, partner, head of infrastructure secondaries; troy duffie, director, financial markets, milken institute -- cup's 5th annual tech forum with partner "smart city expo USA" - wed/thurs, may 22nd & 23rd, 2024, 8am-5pm et, sponsored by s&p global, morgan stanley, nomura, over 150 registered melissa fenton, execut

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 75
  • Transparency & Controls: 70
  • Accountability: 95
  • Sustainability: 41
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 75.3%; rating input score 75
  • Program expense ratio: 85%; rating input score 85
  • Fundraising efficiency: $13.08 raised per $1 spent on fundraising; rating input score 46; 46th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 1 of 6 controls in place; rating input score 17
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 7 of 8 controls in place; rating input score 88
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 11.5%; rating input score 64; 64th percentile among comparable filings
  • Total-asset coverage ratio: 0.45; rating input score 21; 21st percentile among comparable filings
  • Liabilities to assets ratio: 0.37; rating input score 21; 21st percentile among comparable filings
  • Officer compensation ratio: 17.6%; rating input score 18; 18th percentile among comparable filings

Growth

  • Program expense growth: 12.5% per year; rating input score 100; 70th percentile among comparable filings
  • Revenue growth: -1.7% per year; rating input score 0; 10th percentile among comparable filings
  • Asset growth: 1.3% per year; rating input score 100; 22nd percentile among comparable filings

Details

  • Where the money goes: 75.3% of revenue deployed · 85% of spending went to programs
  • Governance: 19 of 19 board members independent · 7 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $1.2M in reported program spending
  • Leadership: top reported pay $238K · 23 people listed · 1 of 6 pay-setting controls reported
  • Consistency: 26 of 26 current checks pass
  • Schedules: 7 filed schedules · includes major donors and executive pay
  • Filing history: 13 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Fundraising efficiency scored 46/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 21/100.
  • Review — Accountability: Governance controls: Document-retention policy not reported.
  • High — Sustainability: Officer compensation ratio scored 18/100.
  • High — Sustainability: Liabilities to assets ratio scored 21/100.