2015-03-31T16:06:39-05:00 2013-12-31 271728945 O'CONNOR DAVIES LLP 500 MAMARONECK AVENUE HARRISON NY 105281633 990 2013-01-01 452201993 COMMONWISE EDUCATION INC COMM 6462418535 654 WEST 161 STREET NO 5F NEW YORK NY 10032 NICK IUVIENE PRESIDENT 6462418535 2015-03-30 1 GARRETT M HIGGINS P00543209 9143818900 2015-03-30 2013 2016-03-07 17:11:31Z X NICK IUVIENE 654 WEST 161 STREET NO 5F NEW YORK NY 10032 1303500 0 X WWW.COMMONWISE.NYC X 2011 VT COMMONWISE EDUCATION, INC. WILL PROVIDE ON-LINE EDUCATION AND TRAINING IN THE AREAS OF ENTRPRENEURSHIP,MANAGEMENT, SUSTAINABILITY, ORGANIZATIONAL DEVELOPMENT AND INNOVATION TO SOCIAL ENTERPRISE AND COMMUNITY DEVELOPMENT BUSINESSES, EMPLOYEE AND COOPERATIVELY OWNED COMMONWISE EDUCATION, INC. THESE SERVICES ARE DESIGNED TO INCREASE THE SUCCESS AND VIABILITY OF THESE BUSINESSES. 3 2 0 3 0 0 382875 1300000 0 0 0 0 0 3500 382875 1303500 10100 512576 0 0 0 0 0 30000 30000 136278 168365 146378 710941 236497 592559 287794 880353 0 0 287794 880353 X SEE SCHEDULE O 0 0 672921 512576 SEE SCHEDULE O 672921 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 5 0 0 0 0 0 0 0 0 0 0 0 0 X 3 2 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 0 0 0 NY X NICK IUVIENE 6462418535 654 WEST 161ST SUITE 5F NEW YORK NY 10032 X JEFFREY HOLLENDER PRESIDENT 20.00 0.00 X X 0 0 0 CHERYL HELLER VICE PRESIDENT 5.00 0.00 X X 0 0 0 SHEILA HOLLENDER TREASURER 5.00 0.00 X X 0 0 0 0 0 0 0 0 0 0 0 1300000 1300000 MISCELLANEOUS 900099 3500 3500 3500 1303500 0 0 3500 X 512576 512576 2300 2300 5500 5500 30000 30000 147123 147123 220 220 5389 5389 2130 2130 OTHER PROGRAM EXPENSES 5703 5703 710941 672921 8020 30000 287794 280353 600000 287794 880353 0 0 X 87794 40353 200000 840000 287794 880353 287794 880353 592559 0 X 0 0 0 X 150000 382875 1300000 1832875 150000 382875 1300000 1832875 1215779 617096 3500 3500 1836375 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2013 AMOUNT: $ 3,500. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 1 THOMASINA WILLIAMS 18 MORNINGSIDE AVE NEW YORK NY 10026 CONSULTED ON DEVELOPING FUNDRAISING PROPOSALS AND REPORTING 0 900000 30000 870000 900000 30000 870000 NY VT 0 GREENPEACE 702 H STREET NW NO 300 WASHINGTON DC 20001 953313195 501(C)(3) 7000 EDUCATION AND TRAINING TO SOCIAL ENTERPRISE GREEN WORKER INC 409 MORRIS PARK AVENUE BRONX NY 10460 201828936 501(C)(3) 8000 SUPPORT ACTIVE INVOLVEMENT IN DEVELOPING COMMUNITY ECONOMIC DEVELOPMENT PLATFORM IN THE BRONX THE POINT CDC 940 GARRISON AVENUE BRONX NY 10474 133765140 501(C)(3) 8000 SUPPORT ACTIVE INVOLVEMENT IN DEVELOPING COMMUNITY ECONOMIC DEVELOPMENT PLATFORM IN THE BRONX NORTHWEST BRONX COMMUNITY AND CLERGY COALITION 103 EAST 196TH STREET BRONX NY 10468 132806160 501(C)(3) 8000 SUPPORT ACTIVE INVOLVEMENT IN DEVELOPING COMMUNITY ECONOMIC DEVELOPMENT PLATFORM IN THE BRONX MOTHERS ON THE MOVE 928 INTERVALE AVENUE BRONX NY 10459 133768715 N/A 8000 SUPPORT ACTIVE INVOLVEMENT IN DEVELOPING COMMUNITY ECONOMIC DEVELOPMENT PLATFORM IN THE BRONX MIT 77 MASSACHUSETTS AVE CAMBRIDGE MA 02139 042103594 501(C)(3) 142334 PLANNING AND EDUCATION FOR ECONOMIC AND BUSINESS DEVELOPMENT IN THE BRONX AMERICAN SUSTAINABLE BUSINESS COUNCIL 1401 NEW YORK NW WASHINGTON DC 20005 452384297 501(C)(3) 285000 SUPPORT SOCIAL ENTERPRISE ON EDUCATION AND TRAINING IN DEMOCRACTIC MANAGEMENT, ENTREPRENEURSHIP, AND SUSTAINABILITY 6 1 JEFFREY HOLLENDER LLC BOARD PRESIDENT IS CEO & DIRECTOR OF LLC 26374 CONSULTING ON BUSINESS AND ENTREPRENEURSHIP DEVELOPMENT 0 JEFFREY HOLLENDER PARTNERS LLC BOARD PRESIDENT IS CEO & DIRECTOR OF LLC 35000 CONSULTING ON BUSINESS AND ENTREPRENEURSHIP DEVELOPMENT 0 FORM 990, PART III, LINE 1 THE ORGANIZATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL AND/OR SCIENTIFIC PURPOSES, INCLUDING, FOR SUCH PURPOSES, THE MAKING OF DISTRIBUTIONS TO ORGANIZATIONS THAT QUALIFY AS EXEMPT ORGANIZATIONS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED THE "CODE")(OR CORRESPONDING PROVISION OF ANY FUTURE UNITED STATES INTERNAL REVENUE LAW), INCLUDING IN PARTICULAR (I) TO PROVIDE EDUCATION AND TRAINING TO SOCIAL ENTERPRISE AND COMMUNITY DEVELOPMENT BUSINESSES, COOPERATIVES AND ESOPS IN TOPICS SUCH AS DEMOCRATIC MANAGEMENT, ENTREPRENEURSHIP, SUSTAINABILITY, FUNDRAISING AND RELATED TOPICS; (II) TO DEVELOP AND DESIGN THESE TRAINING AND DEVELOPMENT SERVICES TO BE AVAILABLE BOTH ON-LINE AND THROUGH IN-PERSON DELIVERY; (III) TO WORK WITH UNIVERSITIES AND OTHER EDUCATIONAL INSTITUTIONS TO DEVELOP THESE SERVICES; (IV) TO APPLY FOR ANY AND ALL REQUIRED GOVERNMENTAL APPROVALS FOR ANY OF THE FOREGOING ACTIVITIES; AND (V) TO ENGAGE IN ANY AND ALL LAWFUL ACTIVITIES INCIDENTAL TO AND IN PURSUIT OF THE FOREGOING PURPOSES, EXCEPT AS RESTRICTED HEREIN. FORM 990, PART III, LINE 4A COMMONWISE EDUCATION, INC. IS THE FISCAL SPONSOR FOR THE BRONX COOPERATIVE DEVELOPMENT INITIATIVE (BCDI), WHICH WAS LAUNCHED BY BRONX-BASED INSTITUTIONS, GRASSROOTS ORGANIZATIONS AND CIVIC LEADERS IN 2011. THE MISSION OF THE BCDI IS TO END GENERATIONAL POVERTY IN THE BRONX BY BUILDING COMMUNITY WEALTH AND OWNERSHIP AMONGST RESIDENTS AND BY INSTITUTING DEMOCRATIC PLANNING AND ECONOMIC DEVELOPMENT PROCESSES THROUGHOUT THE BOROUGH. BCDI'S STRATEGIES INCLUDE HARNESSING EXISTING ASSETS TO ADDRESS THE BOROUGH'S ECONOMIC, SOCIAL, AND ENVIRONMENTAL CHALLENGES AND TO TRANSFORM THE BRONX INTO A STRONG, INCLUSIVE, EQUITABLE, AND SUSTAINABLE ECONOMY. THROUGHOUT 2013, COMMONWISE PROVIDED BUSINESS AND ENTREPRENEURIAL DEVELOPMENT SUPPORT TO THE INITIATIVE, INCLUDING A DEVELOPMENT STUDY OF THE BRONX WITH MIT'S COMMUNITY INNOVATORS LAB. COMMONWISE SERVED AS FISCAL SPONSOR FOR THE AMERICAN SUSTAINABLE BUSINESS COUNCIL (ASBC). ASBC OFFERS PROGRAMS THAT EDUCATE AND INFORM THE PUBLIC AND POLICY MAKERS ABOUT THE BENEFITS OF A MORE SUSTAINABLE ECONOMY, AND ABOUT POLICIES AND PRACTICES THAT CAN HELP THE ECONOMY BECOME MORE SUSTAINABLE. THE COUNCIL SPANS A GROWING NETWORK OF BUSINESS ASSOCIATIONS ACROSS THE UNITED STATES, WHICH IN TURN REPRESENT OVER 200,000 BUSINESSES AND 325,000 BUSINESS EXECUTIVES, OWNERS, INVESTORS, AND OTHERS. FORM 990, PART VI, SECTION A, LINE 2 JEFFREY HOLLENDER AND SHEILA HOLLENDER HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11 A COPY OF THE FORM 990 IS SENT TO THE PRESIDENT PRIOR TO SUBMISSION TO THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY WAS ADOPTED AT BOARD MEETING BY UNANIMOUS RESOLUTION DATED MAY 24, 2011. ALL BOARD MEMBERS ARE REQUIRED TO COMPLETE AN ANNUAL DISCLOSURE OF ANY CONFLICTS. TO DETERMINE WHETHER A CONFLICT OF INTEREST EXISTS, AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE GOVERNING BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. THE PROCEDURES OF ADDRESSING THE CONFLICT OF INTEREST IS AS FOLLOWS: (1) AN INTEREST PERSON SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING POSSIBLE CONFLICT OF INTEREST. ANY INTERESTED PERSON SHALL NOT ATTEMPT TO INFLUENCE THE BOARD OF DIRECTORS REGARDING THE CONFLICT MATTER; (2) THE CHAIRPERSON OF THE GOVERNING BOARD OF COMMITTEE SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT; (3) AFTER EXERCISING DUE DILIGENCE, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE WHETHER THE ORGANIZATION CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST; AND (4) IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE ORGANIZATION'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. IN CONFORMITY WITH THE ABOVE DETERMINATION IT SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION, FORM 990, FORM 1023, AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTEN REQUEST OR BY CALLING THE ORGANIZATION DIRECTLY. FORM 990, PART IX, LINE 11G CONSULTANTS: PROGRAM SERVICE EXPENSES 37,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 37,000. BUSINESS ANALYST: PROGRAM SERVICE EXPENSES 94,556. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 94,556. OTHER PROFESSIONAL: PROGRAM SERVICE EXPENSES 15,567. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 15,567.