Friends Of The Ouray Via Ferrata

Organization Overview

Friends Of The Ouray Via Ferrata is located in Ouray, CO. The organization was established in 2018. According to its NTEE Classification (N99) the organization is classified as: Recreation & Sports N.E.C., under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Friends Of The Ouray Via Ferrata employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of The Ouray Via Ferrata 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, Friends Of The Ouray Via Ferrata generated $225.0k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $222.4k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE ORGANIZATION WAS ORGANIZED TO INSTALL A WORLD CLASS VIA FERRATA ON PROPERTY OWNED BY THE CITY OF OURAY IN THE ICE PARK GORGE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE VIA FERRATA WILL HAVE A SIGNIFICANT ECONOMIC IMPACT ON OURAY, WITH A PROJECTED $5 MILLION IN NEW LOCAL SPENDING, 48 NEW FULL TIME JOBS, $145,000 IN ADDITIONAL TAX REVENUE, OVER 4,000 ADDITIONAL LODGING NIGHTS, AND NEARLY $14,000 IN NEW ANNUAL LOT REVENUE.


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Board, Officers & Key Employees

Name (title)Compensation
Mark Iuppenlatz
President
$0
Nathan Disser
Vice President
$0
Alan Cook
Director
$0
Sharon Wild
Director
$0
Chris Hinkson
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$225,034
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$225,034
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 $225,034

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Friends Of The Ouray Via Ferrata has recieved totaling $125,000.

Awarding OrganizationAmount
The Telluray Foundation

Littleton, CO

PURPOSE: VIA FERRATA EXPANSION

$100,000
Western Colorado Community Foundation Inc

Grand Junction, CO

PURPOSE: RECREATION

$25,000
View Grant Recipient Profile

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