Denver Civic Ventures Inc
- Assets
- $5.9m
- Revenue
- $4.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Denver, CO
- Founding
- 10/1981
- Data as of
- 06/2024
- EIN
- 74-2187538
Organization Overview
Denver Civic Ventures Inc is located in Denver, CO. The organization was established in 1981. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Denver Civic Ventures Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2024, Denver Civic Ventures Inc generated $4.1m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 9.7% each year. All expenses for the organization totaled $4.1m during the year ending 06/2024. While expenses have increased by 12.1% per year over the past 9 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.
Since 2021, Denver Civic Ventures Inc has awarded 165 individual grants totaling $2,089,360. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
SEE FORM 990, PART III, LINE 1
Describe the Organization's Program Activity:
Part 3 - Line 4a
ECONOMIC DEVELOPMENT, PLANNING AND MOBILITY: DCV IS COMMITTED TO BUILDING AN ECONOMICALLY POWERFUL CENTER CITY AND A MULTI-MODAL DOWNTOWN DENVER THAT ENHANCES TRANSPORTATION OPTIONS FOR ALL USERS, CONNECTS DOWNTOWN DENVER WITH SURROUNDING CENTER CITY NEIGHBORHOODS AND STRENGTHENS DOWNTOWN DENVER'S ECONOMIC DEVELOPMENT OPPORTUNITIES BY ENSURING SEAMLESS REGIONAL CONNECTIONS.
DOWNTOWN ENVIRONMENT AND THE PUBLIC REALM: DCV UNDERTAKES INITIATIVES TO INVIGORATE AND REVITALIZE THE CENTER CITY, SUCH AS GROWING THE TREE CANOPY IN DOWNTOWN DENVER AND THE 5280 TRAIL THAT WILL LINK NEIGHBORHOODS AND CONNECT PEOPPLE BY REIMAGINING UNDERUTILIZED STREETS.
MEMBER AND CIVIC ENGAGEMENT: DCV HOLDS CIVIC LEADERSHIP PROGRAMS THAT ARE DESIGNED TO SUPPORT LEADERSHIP DEVELOPMENT AND INCLUDE EXCITING PROGRAMS TO EDUCATE THE NEXT GENERATION OF LEADERS AND CITY BUILDERS.
ENTREPRENEURSHIP AND INNOVATION: DENVER STARTUP WEEK HOSTS A SERIES OF EVENTS SHOWCASING DENVER'S ENTREPRENEUR COMMUNITY IN TECH, DESIGN, BUSINESS, AND SOCIAL ENTREPRENEURSHIP. THESE EVENTS HIGHLIGHT DENVER'S POTENTIAL AS AN ENTREPRENEURIAL CENTER AND CONTINUE TO BUILD THE SENSE OF COMMUNITY AMONGST THE CURRENT ENTREPRENEURS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kourtny Garrett President & | OfficerTrustee | 1 | $0 |
Kate Barton Chief Ext. A | 6 | $0 | |
Beth Moyski SVP Dwtwn En | 2 | $0 | |
Sharon Alton SVP Dwtwn Ex | 5 | $0 | |
Andrew Iltis VP Comm. & P | 33 | $0 | |
Joshua Schneider VP Mkting & | 8 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
City And County Of Denver Trail Devlpmnt | 6/29/24 | $200,000 |
University Of Colorado At Denver Vendor Kiosks | 6/29/24 | $135,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,605,989 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,259,946 |
| Noncash contributions included in lines 1a–1f | $15,500 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,865,935 |
| Total Program Service Revenue | $1,129,909 |
| Investment income | $58,270 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $12,453 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,066,567 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,074,500 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $8,511 |
| Fees for services: Other | $1,057,065 |
| Advertising and promotion | $50,995 |
| Office expenses | $18,180 |
| Information technology | $48,607 |
| Royalties | $0 |
| Occupancy | $60,657 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $69,265 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $14,073 |
| Insurance | $0 |
| All other expenses | -$14,452 |
| Total functional expenses | $4,116,411 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,335,086 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $2,500 |
| Accounts receivable, net | $772,603 |
| 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 | $8,063 |
| Investments—publicly traded securities | $1,795,523 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,913,775 |
| Accounts payable and accrued expenses | $192,580 |
| Grants payable | $0 |
| Deferred revenue | $291,838 |
| 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 | $2,136 |
| Total liabilities | $486,554 |
| Net assets without donor restrictions | $2,896,031 |
| Net assets with donor restrictions | $2,531,190 |
| 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 | $5,913,775 |
Grants Awarded
Over the last fiscal year, Denver Civic Ventures Inc has awarded $1,032,500 in support to 71 organizations.
| Grant Recipient | Amount |
|---|---|
TELLI'S RESTAURANT GROUP PURPOSE: SMALL BUSINESS GRANT | $40,013 |
CENTRO 3M INC PURPOSE: SMALL BUSINESS GRANT | $40,013 |
DK-GA INC PURPOSE: SMALL BUSINESS GRANT | $34,000 |
3G LODO LLC PURPOSE: SMALL BUSINESS GRANT | $30,824 |
BLUE AGAVE GRILL LLC PURPOSE: SMALL BUSINESS GRANT | $29,005 |
GELATO BOY PURPOSE: SMALL BUSINESS GRANT | $24,644 |