East Denver Colfax Partnership Inc, operating under the name The Fax Partnership, is located in Denver, CO. The organization was established in 2006. 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. As of 12/2023, Fax Partnership employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fax Partnership 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, Fax Partnership generated $2.7m in total revenue. All expenses for the organization totaled $1.3m during the year ending 12/2023. While expenses have increased by 115.7% per year over the past 6 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE FAX PARTNERSHIP STRENGTHENS AND SUPPORTS RESIDENTS AND BUSINESSES ALONG THE EAST COLFAX CORRIDOR WHILE ADVANCING A VISION OF EQUITABLE DEVELOPMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BUSINESS SUPPORT OFFICE: IN 2023, THE FAX PARTNERSHIP HAD THE PRIVILEGE OF ASSISTING 89 BUSINESSES WITH GENERAL BUSINESS SUPPORT. WE CONDUCTED 15 CRIME PREVENTION THROUGH ENVIRONMENTAL DESIGN (CPTED) WALKS FOR BUSINESSES ON THE EAST COLFAX WHICH ALLOWED US TO ASSIST EIGHT BUSINESSES IN MAKING IMPROVEMENTS TO THEIR PHYSICAL SECURITY, SUCH AS INSTALLING SECURITY CAMERAS, IMPROVING CASH REGISTERS, AND CONDUCTING MAINTENANCE ON THEIR PROPERTY. WE ALSO HELPED 17 BUSINESSES APPLY FOR GRANTS AND LOANS TO SUPPORT THEIR GROWTH AND EXPANSION.EAST COLFAX CULTURAL DISTRICT: IN 2023 THE FAX AND THE COMMUNITY FINALIZED A LOGO FOR THE NEWLY CREATED EAST COLFAX CULTURAL DISTRICT. THE LOGO WAS DESIGNED BY A DENVER ARTIST, FOLLOWING MONTHS OF COMMUNITY INPUT. THE LOGO WAS UNVEILED AT AN EVENT IN MARCH 2023. LATER IN JUNE THE FAX HOSTED AN EVENT WHERE COMMUNITY MEMBERS AND THE LOGO ARTIST PAINTED THE LOGO ON THE WALL OF A LOCAL BUSINESS. IN THE FALL OF 2023, THE FAX LAUNCHED A COMMUNITY STEERING COMMITTEE FOR THE CULTURAL DISTRICT; TEN LOCAL COMMUNITY MEMBERS WERE IDENTIFIED THROUGH AN EXTENSIVE PROCESS. THE COMMITTEE WILL GUIDE THE WORK OF THE DISTRICT IN FUTURE YEARS.
EQUITABLE DEVELOPMENT OFFICE:IN SEPTEMBER 2022, THE FAX PURCHASED TWO EAST COLFAX MOTELS. THE WESTERNER MOTEL AND THE SAND & SAGE MOTEL, LOCATED AT 8405 AND 8415 E. COLFAX, WERE ACQUIRED WITH THE VISION OF DEVELOPING AFFORDABLE HOUSING AND AVOIDING INVOLUNTARY DISPLACEMENT IN THE COMMUNITY WITHIN THE NEXT SIX YEARS. IN SEPTEMBER 2023, VOLUNTEERS OF AMERICA OF COLORADO STARTED THEIR LEASE OF THE FAX'S MOTEL PROPERTIES IN WHICH THEY WILL OPERATE THEIR FAMILY HOUSING PROGRAM WHILE THEIR THEODORA FAMILY MOTEL IS REHABILITATED. THE REDEVELOPMENT OF THE FAX'S MOTELS WILL BEGIN IN SEPTEMBER 2028, ONCE THE EXISTING BILLBOARD LEASE AT THE PROPERTIES EXPIRES.
RESIDENTIAL SUPPORT OFFICE: IN 2023 THE FAX PARTNERSHIP INITIATED ITS FOOD PANTRY PROGRAM AND BY THE END OF THE YEAR, 258 HOUSEHOLDS PARTICIPATED IN THE PROGRAM RECEIVING NUTRITIOUS, ETHNICALLY DIVERSE FOOD. THE FAX ALSO ORGANIZED A FRESH FOOD POP-UP IN OCTOBER WHICH PROVIDED FRESH FOOD TO 60 FAMILIES, WHICH WAS FOLLOWED BY THE NOVEMBER FOOD AND COAT DRIVE DISTRIBUTING 350 COATS, 200 BOXES OF FOOD, AND 63 TURKEYS. BY THE END OF 2023, THE RSO DISTRIBUTED IN EXCESS OF 20,000 DIAPERS AND 11,000LBS OF FOOD. ATTENDANCE OF OUR 2 SUMMER FAIRS EXCEEDED 750 PEOPLE WHERE ATTENDEES RECEIVED A TOTAL OF 568 BOOKS, 544 PAIRS OF SHOES, 500 BACKPACKS FILLED WITH SCHOOL SUPPLIES, AND 250 COVID TESTING KITS. THE RSO ALSO CONTINUED ITS COLLABORATION WITH TAX HELP COLORADO TO OFFER TAX PREPARATION CLINICS FOR A 2ND CONSECUTIVE YEAR, WITH 47 HOUSEHOLDS FILING THEIR TAXES THROUGH THE PROGRAM RESULTING IN OVER $75,000 IN REFUNDS THAT MAY OTHERWISE NOT HAVE BEEN RECEIVED. THROUGHOUT THE YEAR THE RSO ASSISTED COMMUNITY MEMBERS WITH THEIR LEAP AND SNAP APPLICATION AND BECAUSE OF THE DIVERSE POPULATION IN EAST COLFAX, REGULARLY SENT OUT INFORMATION IN ENGLISH, SPANISH, BURMESE, AND AMHARIC TO MAKE SURE THAT COMMUNITY MEMBERS WERE AWARE OF THE PROGRAMS AVAILABLE TO THEM.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Tor Erickson Board Member | Trustee | 2 | $0 |
Stacie Loucks Treasurer | OfficerTrustee | 2 | $0 |
Doug Wiley Board Member | Trustee | 2 | $0 |
Javonni Butler Secretary | Trustee | 2 | $0 |
Tyler Boschert Board Member | Trustee | 2 | $0 |
George Meier Board Member | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $1,670,157 |
All other contributions, gifts, grants, and similar amounts not included above | $833,550 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $2,503,707 |
Total Program Service Revenue | $244,698 |
Investment income | $609 |
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 | $2,749,014 |
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. | $117,521 |
Compensation of current officers, directors, key employees. | $13,124 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $445,180 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $27,036 |
Payroll taxes | $45,905 |
Fees for services: Management | $0 |
Fees for services: Legal | $7,442 |
Fees for services: Accounting | $49,686 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $14,439 |
Advertising and promotion | $61,893 |
Office expenses | $62,851 |
Information technology | $7,430 |
Royalties | $0 |
Occupancy | $125,920 |
Travel | $3,724 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $3,662 |
Interest | $94,222 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $124,439 |
Insurance | $42,598 |
All other expenses | $0 |
Total functional expenses | $1,291,490 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $486,299 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $243,772 |
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 | $7,552 |
Net Land, buildings, and equipment | $4,620,803 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $112,622 |
Total assets | $5,471,048 |
Accounts payable and accrued expenses | $46,004 |
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 | $3,513,849 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $11,898 |
Total liabilities | $3,571,751 |
Net assets without donor restrictions | $1,560,503 |
Net assets with donor restrictions | $338,794 |
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 | $5,471,048 |