Economic Club Of Colorado Inc
- Assets
- $86.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Denver, CO
- Founding
- 09/1987
- Data as of
- 12/2021
- EIN
- 74-2463798
Organization Overview
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 12/2021, Economic Club Of Colorado Inc generated $136.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $163.5k during the year ending 12/2021. While expenses have increased by 5.0% per year over the past 7 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
2021
Describe the Organization's Program Activity:
Part 3
2021 ACCOMPLISHMENTS: PUT ON MORE ONLINE AND IN-PERSON EVENTS THAN PROJECTED AROUND A MYRIAD OF TOPICS THAT ENGAGED OUR MEMBERS. RETAINED ALMOST 100 PERCENT OF MEMBERS, ONLY LOSING NET TWO WHICH WASN'T BAD CONSIDERING THE PANDEMIC. 2022 GOALS: - ADD 10 NET NEW MEMBERS IN 2022 - TARGET 67 BY 12/31/2022 - IMPROVE MEMBER ENGAGEMENT - BOARD MEMBERS HAVING COFFEE/LUNCH WITH MEMBERS TWICE PER QUARTER - EXECUTIVE DIRECTOR DESIGNATING 0.5 DAYS PER WEEK TO MEMBER ENGAGEMENT ACTIVITIES - LUNCH, COFFEE - MEETING WITH ALL MEMBERS BY END OF YEAR - 90% OF MEMBERSHIP ATTEND +75% OF EVENTS - 50% OF MEMBERS INVITE ONE PROSPECTIVE MEMBER DURING THE YEAR - ADD 2 NET NEW SPONSORS BY 12/31/2022 AT 5K OR 10K PER SPONSOR OR 10-20K IN NET NEW SPONSORSHIP COMMITMENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Courtney Kanouff Executive Di | 40 | $105,000 | |
Minyoung Sohn Chairman | 1 | $0 | |
Brian Robinson Co-President | 1 | $0 | |
Michael Gavin Treasurer | 1 | $0 | |
Gib Watson Member | 1 | $0 | |
Jack Robinson Chairman Eme | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $136,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $3 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $136,003 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $105,000 |
| Professional fees and other payments to independent contractors | $15,108 |
| Occupancy, rent, utilities, and maintenance | $1,408 |
| Printing, publications, postage, and shipping | $122 |
| Other expenses | $41,878 |
| Total expenses | $163,516 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $41,000 |
| Other assets | $0 |
| Total assets | $86,000 |
| Total liabilities | $0 |
| Net assets or fund balances | $86,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Economic Club Of Colorado Inc has recieved totaling $7,500.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $7,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Society For The Study Of Emerging Markets Inc Chandler, AZ | $35,180 | $0 |
Midwest Sociological Society Inc Omaha, NE | $2,496,519 | $320,416 |
Economic Club Of Colorado Inc Denver, CO | $86,000 | $0 |
International Association For Society And Natural Resources Logan, UT | $538,125 | $122,193 |
Responsible Research In Business & Management Paradise Valley, AZ | $41,055 | $0 |
Networked Digital Library Of Theses And Dissertations Provo, UT | $55,395 | $0 |