Colorado Consumer Health Initiative
- Assets
- $1.5m
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 15
- Location
- Denver, CO
- Founding
- 11/1990
- Data as of
- 12/2022
- EIN
- 84-1145452
Organization Overview
Colorado Consumer Health Initiative is located in Denver, CO. The organization was established in 1990. According to its NTEE Classification (E01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Health Care and related organizations. As of 12/2022, Colorado Consumer Health Initiative employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Colorado Consumer Health Initiative 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 12/2022, Colorado Consumer Health Initiative generated $1.9m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 32.5% each year . All expenses for the organization totaled $1.5m during the year ending 12/2022. While expenses have increased by 14.4% per year over the past 4 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
CCHI ADVANCES THE CONSUMER VOICE TO IMPROVE ACCESS TO HEALTH CARE FOR ALL COLORADANS BY WORKING STATEWIDE FOR PROGRESS TOWARD EQUITY, AFFORDABILITY, AND QUALITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2022 CCHI SUPPORTED CONSUMER-FOCUSED IMPLEMENTATION OF THE COLORADO OPTION, PRESCRIPTION DRUG AFFORDABILITY BOARD, AND HOSPITAL DISCOUNTED CARE REGULATIONS INCLUDING HOSTING NUMEROUS WEBINARS AND OUTREACH ACTIVITIES TO BRING COMMUNITY VOICES INTO THESE PROCESSES AND RAISE AWARENESS. CCHI ALSO SPEARHEADED HB22 1269 TO BRING GREATER TRANSPARENCY TO HEALTH CARE SHARING ASSOCIATIONS IN COLORADO AND SUPPORTED MEMBER ORGANIZATIONS' IN PASSING CRUCIAL LEGISLATION ON COVERAGE FOR IMMIGRANT COLORADANS, PROTECTING REPRODUCTIVE HEALTH CARE, AND PROMOTING ORAL HEALTH. AND, SINCE 2018 THE CONSUMER ASSISTANCE PROGRAM SAVED ALMOST 7 MILLION IN CONSUMER MEDICAL AND PRESCRIPTION DRUG COSTS AND SERVED 2,550 CLIENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sara Kraeski Board Chair | OfficerTrustee | 2 | $0 |
Phillip Chung Vice Chair | OfficerTrustee | 2 | $0 |
Barry Danielsen Treasurer | OfficerTrustee | 2 | $0 |
Christy Blakely Member | Trustee | 2 | $0 |
Beth Dembroski Member | Trustee | 1 | $0 |
Elizabet Garcia Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Chris Armijo Consulting Consulting | 12/30/21 | $210,424 |
Progressive Promotions Media Consult | 12/30/21 | $144,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,225 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,857,356 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,858,581 |
| Total Program Service Revenue | $72,967 |
| Investment income | $1,801 |
| 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 | $1,933,349 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $297,209 |
| 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. | $78,904 |
| Compensation of current officers, directors, key employees. | $2,675 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $598,032 |
| Pension plan accruals and contributions | $16,400 |
| Other employee benefits | $52,340 |
| Payroll taxes | $56,072 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,961 |
| Fees for services: Lobbying | $50,000 |
| Fees for services: Fundraising | $19,300 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $219,011 |
| Advertising and promotion | $27,099 |
| Office expenses | $15,578 |
| Information technology | $18,671 |
| Royalties | $0 |
| Occupancy | $44,013 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $18,645 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,955 |
| Insurance | $3,790 |
| All other expenses | $0 |
| Total functional expenses | $1,548,673 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $953,594 |
| Pledges and grants receivable | $509,186 |
| 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 | $13,129 |
| Net Land, buildings, and equipment | $10,586 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $35,109 |
| Total assets | $1,521,604 |
| Accounts payable and accrued expenses | $91,261 |
| Grants payable | $60,000 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $35,109 |
| Total liabilities | $186,370 |
| Net assets without donor restrictions | $482,333 |
| Net assets with donor restrictions | $852,901 |
| 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 | $1,521,604 |
Grants Awarded
Over the last fiscal year, Colorado Consumer Health Initiative has awarded $272,209 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
CENTER FOR AFRICAN AMERICAN HEALTH PURPOSE: SUBGRANT | $154,209 |
COLORADO CHANGEMAKERS COLLECTIVE PURPOSE: SUBGRANT | $8,000 |
SAN LUIS VALLEY IMMIGRANT RESOURCECENTER PURPOSE: SUBGRANT | $8,000 |
COLORADO LATINO LEADERSHIPADVOCACY & RESEARCH ORGANIZATION PURPOSE: SUBGRANT | $12,000 |
MOUNTAIN DREAMERS PURPOSE: SUBGRANT | $8,000 |
COLORADO IMMIGRANT RIGHTS COALITION PURPOSE: SUBGRANT | $82,000 |