Estes Park Economic Development Corporation
- Assets
- $98.4k
- Revenue
- $359.3k
- Investments
- $0.0
- Employees
- 4
- Location
- Estes Park, CO
- Founding
- Data as of
- 12/2021
- EIN
- 46-3326927
Organization Overview
Estes Park Economic Development Corporation is located in Estes Park, CO. As of 12/2021, Estes Park Economic Development Corporation employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Estes Park Economic Development Corporation is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, Estes Park Economic Development Corporation generated $359.3k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 16.0% each year . All expenses for the organization totaled $350.8k during the year ending 12/2021. While expenses have increased by 12.4% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE CORPORATION SHALL PLAN FOR AND PROMOTE THE ECONOMIC DEVELOPMENT OF THE ESTES VALLEY IN WAYS THAT ARE COMPATIBLE WITH THOSE QUALITIES THAT MAKE ESTES PARK A UNIQUE MOUNTAIN COMMUNITY.THE CORPORATION EXISTS TO BUILD A STRONGER AND MORE BROADLY-BASED ECONOMY AND TAX BASE; TO ADVISE AND ASSIST EXISTING LOCAL BUSINESSES TO REACH THEIR FULL ECONOMIC POTENTIAL; AND TO ATTRACT NEW BUSINESSES THAT CREATE PRIMARY JOBS AND NEW EMPLOYMENT OPPORTUNITIES.THE CORPORATION SHALL USE AND PROMOTE THE TOOLS OF ECONOMIC DEVELOPMENT TO CREATE A MORE DYNAMIC, MULTI-GENERATIONAL COMMUNITY TO THE BENEFIT OF ALL CITIZENS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2021, THE ESTES PARK EDC WORKED WITH ENTREPRENEURS THROUGHOUT THE ESTES VALLEY BY OFFERING INDIVIDUAL PROFESSIONAL MENTORS AND ONE-ON-ONE CONFIDENTIAL BUSINESS CONSULTING. IN ADDITION, THE E-CENTER BUSINESS ACCELERATOR SERVICE OF ESTES (BASE) PROGRAM HOSTED AN INTENSIVE SIX MONTH BUSINESS TRAINING PROGRAM, WHICH RESULTED IN TEN LOCAL BUSINESSES GRADUATING FROM THE PROGRAMIN 2021, THE ESTES PARK EDC ASSISTED IN THE FACILITATION AND EVENTUAL DEVELOPMENT OF A 36 UNIT WORKFORCE HOUSING UNIT. IN ADDITION, WE STARTED WORKING WITH A DEVELOPER (4 POINTS FUNDING) TO FACILITATE, SUPPORT AND ADVOCATE FOR A 96 UNIT WORKFORCE HOUSING PROJECT THAT WILL BE COMPLETED IN 2024. AS WELL, THE ESTES PARK EDC STARTED WORKING WITH THE TOWN OF ESTES PARK AND AMERICA WEST DEVELOPMENT, TO ASSIST IN COMMUNITY OUTREACH, DEVELOPER INCENTIVES AND DEVELOPMENT PLAN APPROVAL FOR A 190 UNIT WORKFORCE HOUSING DEVELOPMENT ON FISH HATCHERY ROAD.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bill Van Horn Secretary | OfficerTrustee | 1 | $0 |
Christina Kraft Vice-Chair | OfficerTrustee | 2 | $0 |
Paul Pewterbaugh Treasurer | OfficerTrustee | 1 | $0 |
Josh Cramer Board Chair | OfficerTrustee | 1 | $0 |
Travis Machelak Director | Trustee | 1 | $0 |
Vern Carda Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $176,650 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $35,589 |
| All other contributions, gifts, grants, and similar amounts not included above | $147,079 |
| Noncash contributions included in lines 1a–1f | $15,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $359,318 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $359,318 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $80,043 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $147,070 |
| Pension plan accruals and contributions | $4,887 |
| Other employee benefits | $0 |
| Payroll taxes | $17,374 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,293 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $8,123 |
| Advertising and promotion | $3,597 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $26,200 |
| Travel | $19,481 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $2,005 |
| Total functional expenses | $350,835 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $59,134 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $50 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $39,168 |
| Total assets | $98,352 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $50 |
| Total liabilities | $50 |
| Net assets without donor restrictions | $98,302 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $98,352 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Estes Park Economic Development Corporation has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Ymca Of The Rockies Estes Park, CO PURPOSE: LOCAL COMMUNITY ASSISTANCE | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Deep East Texas Electric Co-Operative Inc San Augustine, TX | $258,283,792 | $99,942,050 |
University Development Foundation Woodland, CA | $499,472 | $124,731 |
Avera St Marys Pierre, SD | $117,040,382 | $106,933,224 |
Memorial Hermann Hospital Based Physician Group Houston, TX | $12,517,571 | $82,920,785 |
Plan De Salud Del Valle Inc Fort Lupton, CO | $84,737,500 | $104,985,059 |
Community Development Institute Head Start Denver, CO | $4,503,361 | $99,466,958 |
Providence Health Alliance Inc St Louis, MO | $27,745,143 | $62,779,739 |
Colorado Coalition For The Homeless Denver, CO | $156,626,043 | $115,127,641 |
W M Keck Foundation Los Angeles, CA | $1,878,594,082 | $132,529,748 |
Translational Genomics Research Institute Phoenix, AZ | $224,233,974 | $175,687,790 |
Central Valley General Hospital Hanford, CA | $0 | $118,529,798 |
Ach Child And Family Services Fort Worth, TX | $163,813,747 | $98,425,348 |