Colorado Association Of Municipal Utilities
- Assets
- $162.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Colorado Springs, CO
- Founding
- 08/1982
- Data as of
- 12/2021
- EIN
- 84-0870646
Organization Overview
Colorado Association Of Municipal Utilities is located in Colorado Springs, CO. The organization was established in 1982. According to its NTEE Classification (W80) the organization is classified as: Public Utilities, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Colorado Association Of Municipal Utilities is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Colorado Association Of Municipal Utilities generated $169.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $171.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.5%) per year over the past 7 years. 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
CAMU PROVIDES ONGOING STATE AND FEDERAL ADVOCACY AND EDUCATION ON BEHALF OF COLORADO'S 28 MUNICIPALLY OWNED ELECTRIC DISTRIBUTION UTILITIES AND THEIR ASSOCIATE JOINT ACTION AGENCIES, HOSTS QUARTERLY, IN-PERSON MEETINGS FOR MEMBERS TO SHARE INFORMATION, AND HOSTS AN ANNUAL CONFERENCE TO EDUCATE ITS MEMBERS ON INDUSTRY ISSUES AND TRENDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rick Rigel Board President | 1 | $0 | |
Dave Hornbacher Board Vice President | 1 | $0 | |
Travas Deal Board Member | 1 | $0 | |
Ron Clodfelter Board Member | 1 | $0 | |
Brent Nation Board Treasurer | 1 | $0 | |
Adam Suppes Board Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $1,743 |
| Membership dues | $166,754 |
| Investment income | $846 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $169,343 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $150,382 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $2,074 |
| Other expenses | $19,184 |
| Total expenses | $171,640 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $162,863 |
| Other assets | $0 |
| Total assets | $162,863 |
| Total liabilities | $0 |
| Net assets or fund balances | $162,863 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pioneer Electric Cooperative Inc Ulysses, KS | $284,468,248 | $104,061,245 |
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Prairie Land Electric Cooperative Inc Norton, KS | $193,607,034 | $87,385,850 |
Victory Electric Cooperative Association Inc Dodge City, KS | $181,839,680 | $85,802,968 |
Northeast Oklahoma Electric Cooperative Inc Vinita, OK | $249,522,381 | $85,761,419 |
Moon Lake Electric Association Inc Roosevelt, UT | $157,473,371 | $84,270,268 |
Mohave Electric Cooperative Inc Bullhead City, AZ | $252,184,313 | $80,080,972 |
Verdigris Valley Electric Cooperative Incorporated Collinsville, OK | $207,857,115 | $78,783,085 |
Cotton Electric Cooperative Inc Walters, OK | $176,118,552 | $75,743,198 |
High Plains Power Inc Riverton, WY | $149,704,644 | $74,809,988 |
Canadian Valley Electric Cooperative Inc Seminole, OK | $173,885,980 | $69,270,313 |
Delta-Montrose Electric Association Montrose, CO | $233,268,073 | $81,764,019 |