Colorado Association Of Transit Agencies
- Assets
- $945.9k
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 7
- Location
- Denver, CO
- Founding
- 02/1989
- Data as of
- 12/2022
- EIN
- 84-1099925
Organization Overview
Colorado Association Of Transit Agencies is located in Denver, CO. The organization was established in 1989. According to its NTEE Classification (W40) the organization is classified as: Public Transportation Systems, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2022, Colorado Association Of Transit Agencies employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Colorado Association Of Transit Agencies 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 12/2022, Colorado Association Of Transit Agencies generated $1.6m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 13.3% each year . All expenses for the organization totaled $1.6m during the year ending 12/2022. While expenses have increased by 14.2% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TRADE ASSOCIATION DEDICATED TO THE INTERESTS OF TRANSIT PROVIDERS. THE ASSOCIATION PROVIDES TRAINING PROGRAMS, CONFERENCES, AND NEWSLETTERS ON TRANSIT ISSUES OF INTEREST TO ITS MEMBERSHIP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBERSHIP AND ADVOCACY PROGRAMS SUCH AS PROVIDING INFORMATION TO THE PUBLIC REGARDING TRANSIT POLICIES; COALITION FOR COLORADO PUBLIC TRANSIT AGENCIES TO OBTAIN FEDERAL FUNDING AND GRANTS, SPRING AND FALL CONFERENCES AND PROVISION OF TRAINING OPPORTUNITIES.
ADMINSTRATION OF GRANT FUNDING FROM THE COLORADO ENERGY OFFICE TO SUPPORT COLORADO TRANSIT AGENCIES TO REBUILD TRANSIT RIDERSHIP FOLLOWING THE COVID-19 EPIDEMIC. THE PROGRAM'S GOALS INCLUDE REDUCING OZONE FORMATION, INCREASING RIDERSHIP ON TRANSIT, AND REDUCING VEHICLE MILES TRAVELED IN COLORADO.
ADMINSTRATION OF GRANT FUNDING FROM THE COLORADO DEPARTMENT OF TRANSPORTATION TO PROVIDE SERVICES UNDER THE RURAL TRANSPORTATION ASSISTANCE PROGRAM TO SUPPORT COLORADO RURAL TRANSIT AGENCIES WITH TRAINING, TECHNICAL ASSISTANCE AND OTHER SUPPORT SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dawn Block President | Trustee | 2 | $0 |
Joyce Rihanek Vice President | Trustee | 2 | $0 |
Scott Truex Treasurer | Trustee | 2 | $0 |
Sarah Dodson Hill Secretary | Trustee | 2 | $0 |
Michael Davies Director | Trustee | 1 | $0 |
Comer Hobbs Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,162,702 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,162,702 |
| Total Program Service Revenue | $460,275 |
| Investment income | $1,399 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $375 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,624,751 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $733,286 |
| 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. | $110,475 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $101,080 |
| Pension plan accruals and contributions | $4,023 |
| Other employee benefits | $4,093 |
| Payroll taxes | $17,132 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $16,810 |
| Fees for services: Lobbying | $40,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $61,797 |
| Advertising and promotion | $0 |
| Office expenses | $7,723 |
| Information technology | $9,024 |
| Royalties | $0 |
| Occupancy | $24,014 |
| Travel | $9,672 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $206,929 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $592 |
| Insurance | $4,640 |
| All other expenses | $11,400 |
| Total functional expenses | $1,637,714 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $820,512 |
| Savings and temporary cash investments | $31,498 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $32,812 |
| 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 | $19,778 |
| Net Land, buildings, and equipment | $3,038 |
| Investments—publicly traded securities | $17,754 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $20,478 |
| Total assets | $945,870 |
| Accounts payable and accrued expenses | $639,419 |
| Grants payable | $0 |
| Deferred revenue | $44,836 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $16,872 |
| Total liabilities | $701,127 |
| Net assets without donor restrictions | $244,743 |
| Net assets with donor restrictions | $0 |
| 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 | $945,870 |
Grants Awarded
Over the last fiscal year, Colorado Association Of Transit Agencies has awarded $718,246 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
CITY OF COLORADO SPRINGS DBA MOUNTAIN METROPOLITAN TRANSIT PURPOSE: CASTA GRANT THROUGH COLO. ENERGY OFFICE PROGRAM TO REDUCE OZONE EMISSIONS AND REBUILD TRANSIT RIDERSHIP FOLLOWING THE COVID-19 PANDEMIC. | $534,674 |
SAN MIGUEL AUTHORITY FOR REGIONAL TRANSPORTATION PURPOSE: CASTA GRANT THROUGH COLO. ENERGY OFFICE PROGRAM TO REDUCE OZONE EMISSIONS AND REBUILD TRANSIT RIDERSHIP FOLLOWING THE COVID-19 PANDEMIC. | $5,677 |
CITY OF GREELEY - GREELEY EVANTS TRANSIT PURPOSE: CASTA GRANT THROUGH COLO. ENERGY OFFICE PROGRAM TO REDUCE OZONE EMISSIONS AND REBUILD TRANSIT RIDERSHIP FOLLOWING THE COVID-19 PANDEMIC. | $54,110 |
DURANGO TRANSIT CITY OF DURANGO PURPOSE: CASTA GRANT THROUGH COLO. ENERGY OFFICE PROGRAM TO REDUCE OZONE EMISSIONS AND REBUILD TRANSIT RIDERSHIP FOLLOWING THE COVID-19 PANDEMIC. | $24,829 |
PUEBLO TRANSIT PURPOSE: CASTA GRANT THROUGH COLO. ENERGY OFFICE PROGRAM TO REDUCE OZONE EMISSIONS AND REBUILD TRANSIT RIDERSHIP FOLLOWING THE COVID-19 PANDEMIC. | $98,956 |