Urban Partnerships Community Development Corporation

Nonprofit profile at a glance

EIN
821993706
IRS 990 coverage
2018–2024
Forms available
Form 990 2024, Form 990-EZ 2017
Location
Pearland, TX, USA
Phone
8324985803
Rating
71
Verdict
SUPPORTED
Rating confidence
Standard
Sector
Rural Economic Development

Official website

Reported finances

Revenue
$1,847,429
Expenses
$1,383,123
Assets
$35,107,297
Liabilities
$34,081,099

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

Leadership & pay

9 people listed

Executive titles in this filing

  • PATRICK EZZELL (CHAIRMAN/PRESIDENT)
  • JASON BULLEN (EXECUTIVE DIRECTOR/ VP)

Highest reported compensation

  • PATRICK EZZELL (CHAIRMAN/PRESIDENT): $257,252 total reported compensation
  • JASON BULLEN (EXECUTIVE DIRECTOR/ VP): $112,083 total reported compensation

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

Overview

Mission

To catalyze commerce and economic development to benefit low and moderate income residents of houston's culturally unique and historical central neighborhoods through job growth initiatives, cultural and arts promotion, and real estate development and management.

What it reported doing in 2024

Up cdc will develop real estate project to benefit low and moderate income individuals by creating a stable environment for small businesses to rent space in an environment where rising real estate prices are forcing employers out of low and moderate income neighborhoods. These spaces will be offered below market to companies that have committed to hire from the community. The first such project is the east end innovation maker hub. Up cdc is partnering with txrx labs, a 501(c)(3), and the greater east end management district, a municipal business improvement district. In 2020 construction commenced on the east end maker hub and reached 90% by year end.continued on schedule oits capstone project, and new headquarters, is the east end maker hub, located in an economically distressed, low-income community in houston. East end maker hub is redefining entrepreneurship in houston, by providing equitable access to affordable workspace for local manufacturers, fabricators, crafters, innovators, artisans and artists. After opening in february of 2021, as of september 2021, the project is 80% leased 18 months ahead of schedule, having added 40 companies projecting to hire over 500 individuals. Up cdc's partner and the hub's anchor tenant, txrx labs incubator., provides skills training to hundreds of community residents annually to promote employment and entrepreneurship. In june of 2021, the maker hub added a second incubator, the prison entrepreneurship program, pep, which works with previously incarcerated individuals that will be working with txrx labs to place those individuals in good paying jobs and helping the launch new businesses.up cdc also has several affiliated entities including up community impact fund, an emerging community development financial institution (cdfi) that lends capital to underserved startups and non-profits. Up cdc launched up commercial real estate in 2020 to serve its real estate needs and to aid in catalytic real estate development projects in low- and moderate-income neighborhoods. Up cdc also seeks to provide affordable housing and is participating currently in three tax credit, multi-family projects.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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.

The verdict

SUPPORTED - A large share of total spending goes to programs and the filed numbers largely add up. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 61
  • Transparency & Controls: 80
  • Accountability: 72
  • Sustainability: 68
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 56.6%; rating input score 57
  • Program expense ratio: 75.6%; rating input score 76
  • Fundraising efficiency: $8.25 raised per $1 spent on fundraising; rating input score 32; 32nd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Pass
    • 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: Yes; rating input score 100

Accountability

  • Independent voting board: 80%; rating input score 80; 18th percentile among comparable filings
  • Governance controls: 5 of 8 controls in place; rating input score 62
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 25.1%; rating input score 81; 81st percentile among comparable filings
  • Total-asset coverage ratio: 25.38; rating input score 97; 97th percentile among comparable filings
  • Liabilities to assets ratio: 0.97; rating input score 6; 6th percentile among comparable filings
  • Officer compensation ratio: 26.7%; rating input score 9; 9th percentile among comparable filings

Growth

  • Program expense growth: 25.5% per year; rating input score 100; 87th percentile among comparable filings
  • Revenue growth: 16.7% per year; rating input score 100; 81st percentile among comparable filings
  • Asset growth: 42.2% per year; rating input score 100; 95th percentile among comparable filings

Details

  • Where the money goes: 56.6% of revenue deployed · 75.6% of spending went to programs
  • Governance: 4 of 5 board members independent · 5 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $1M in reported program spending
  • Leadership: top reported pay $257K · 9 people listed · 2 of 6 pay-setting controls reported
  • Consistency: 29 of 29 current checks pass
  • Schedules: 6 filed schedules · includes major donors, executive pay, and related organizations
  • Filing history: 6 filing years from 2018 to 2024
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • Related organizations: 5 filed related-organization links
  • 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.

  • Review — Financial Efficiency: Mission deployment rate scored 57/100.
  • Review — Accountability: Governance controls: 3 of 8 not reported.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 32/100.
  • High — Sustainability: Liabilities to assets ratio scored 6/100.
  • High — Sustainability: Officer compensation ratio scored 9/100.