COBIZ RICHMOND INC
To create an entrepreneurial hub to foster a culture of innovation, collaboration, and entrepreneurship between individuals and tri-sector stakeholders with the intent to drive sustainable economic development and revitalization of downtown and greater Richmond, California. ([charitynavigator.org](https://www.charitynavigator.org/ein/842956832?utm_source=openai))
About COBIZ RICHMOND INC
CoBiz Richmond, Inc. is a Richmond, California–based 501(c)(3) nonprofit that operates a purpose-driven co-working space and business incubator serving entrepreneurs, small businesses, freelancers, and community organizations in downtown Richmond. The organization operates a multi-thousand square-foot, transit-oriented co-working and event space at 1503 Macdonald Avenue that provides low- and no-cost business supports, meeting rooms, programming, and member services. ([cobizrichmond.com](https://www.cobizrichmond.com/calendar.html?utm_source=openai))
CoBiz was recognized as tax-exempt beginning in 2019 and has reported program-driven revenues and active operations in recent years; its most recently reported Form 990 (fiscal year ending December 2023) shows $610,382 in revenue and $622,340 in expenses, with program services accounting for the majority of revenue. The organization has continued partnerships with City of Richmond economic development initiatives and maintained in-person programming and space operations through and after the pandemic period. ([projects.propublica.org](https://projects.propublica.org/nonprofits/organizations/842956832?utm_source=openai))
Notable achievements
Launched Transit‑Oriented Co‑Working & Incubator Space
Opened and operates a modern, transit-accessible co-working and business incubator in downtown Richmond (approximately a 9,000 sq. ft. footprint), providing members and the public with workspace, events, and business support resources to spur local entrepreneurship. ([linkedin.com](https://www.linkedin.com/company/cobiz-richmond?utm_source=openai))
City Partnership for Business Services
Partnered with the City of Richmond on programs to deliver on‑demand enhanced business services and solutions for local small businesses, integrating CoBiz programming into municipal economic development initiatives. ([ci.richmond.ca.us](https://www.ci.richmond.ca.us/4893/On-Demand-Enhanced-Business-Services-Sol?utm_source=openai))
Sustained Community Incubation During Pandemic
Maintained low- and no-cost incubation, networking, and program delivery for entrepreneurs and essential professionals through the COVID‑19 shelter-in-place period and subsequent recovery, preserving continuity of services for underserved local entrepreneurs. ([causeiq.com](https://www.causeiq.com/organizations/cobiz-richmond%2C842956832/?utm_source=openai))
At a glance
- Total assets
- $181K
- Annual revenue
- $929K
- Tax status
- 501(c)(3)Public charity
- EIN
- 84-2956832
- Location
- Richmond, CA
- Website
- www.cobizrichmond.com
- On Mahalo since
- May 2026
Financial figures from the IRS Business Master File, the IRS’s registry of tax-exempt organizations.
Recognition
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