Economic Club Of Colorado Inc is located in Denver, CO. The organization was established in 1987. According to its NTEE Classification (V03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Social Science and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Economic Club Of Colorado 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 12/2023, Economic Club Of Colorado Inc generated $185.3k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $224.4k during the year ending 12/2023. While expenses have increased by 7.6% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
2023 ACCOMPLISHMENTS: - HOSTED 13 EVENTS THAT ALL RECEIVED AT LEAST A 4 OUT OF 5 RATING FROM MEMBERS - DID NOT INCREASE EVENT COSTS 2024 GOALS: - INCREASE MEMBERSHIP BY 15 MEMBERS - INCREASE SPONSORSHIPS BY 2 - HOST 12 EVENTS - HAVE A HIGHER MEMBER RETENTION RATE AND ATTENDANCE RATE THAN 2023
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Minyoung Sohn Chairman | 1 | $0 | |
Alex Loucks Co-President | 1 | $0 | |
Brian Robinson Co-President | 1 | $0 | |
Michael Gavin Treasurer | 1 | $0 | |
Courtney Kanouff Executive Di | 40 | $110,000 | |
Stew Lawrence Member | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $183,911 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $6 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $1,350 |
Total Revenue | $185,267 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $119,006 |
Professional fees and other payments to independent contractors | $52,285 |
Occupancy, rent, utilities, and maintenance | $3,063 |
Printing, publications, postage, and shipping | $176 |
Other expenses | $49,830 |
Total expenses | $224,360 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $9,977 |
Other assets | $0 |
Total assets | $72,888 |
Total liabilities | $6,385 |
Net assets or fund balances | $66,503 |
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