Community Office For Resource Efficiency
- Assets
- $5.3m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 12
- Location
- Aspen, CO
- Founding
- 04/1995
- Data as of
- 12/2021
- EIN
- 84-1280543
Organization Overview
Community Office For Resource Efficiency is located in Aspen, CO. The organization was established in 1995. According to its NTEE Classification (C30) the organization is classified as: Natural Resources Conservation & Protection, under the broad grouping of Environment and related organizations. As of 12/2021, Community Office For Resource Efficiency employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Office For Resource Efficiency 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, Community Office For Resource Efficiency generated $2.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $1.9m during the year ending 12/2021. While expenses have increased by 3.4% per year over the past 7 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.
Since 2014, Community Office For Resource Efficiency has awarded 212 individual grants totaling $6,082,043. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
CORE HELPS OUR COMMUNITY SAVE ENERGY THROUGH ENERGY EFFICIENCY AND RENEWABLE ENERGY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANT PROGRAM MANAGEMENT: FUNDED FROM THE ASPEN/PITKIN COUNTY RENEWABLE ENERGY MITIGATION PROGRAM (REMP). GRANT PROGRAMS INCLUDE UDALL NEW INITIATIVE, DESIGN ASSISTANCE, COMMUNITY, AND NET ZERO HOME GRANTS. CORE HAS FUNDED PROJECTS FOR MUNICIPAL BUILDINGS, EMPLOYEE HOUSING, SCHOOLS, RESIDENTIAL PROPERTIES AND COMMERCIAL ENTITIES. PROJECTS INCLUDE SOLAR PV SYSTEMS, LIGHTING RETROFITS, AIR SEALING AND INSULATION, AND OBTAINING LEED CERTIFICATION.
ENERGY SMART PROGRAM MANAGEMENT: PROVIDES LOW-COST HOME ENERGY ASSESSMENTS. OFFERS RESIDENTIAL AND COMMERCIAL REBATES FOR ENERGY-EFFICIENCY UPGRADES AND RENEWABLE ENERGY PROJECTS IN THE ROARING FORK VALLEY. CORE ADMINISTERS REBATES FOR THE CITY OF ASPEN AND CONNECTS CLIENTS TO REBATES FROM THEIR UTILITY COMPANIES.
INCOME-QUALIFIED PROGRAM: EXTENDS TO MODERATE INCOME FAMILIES TO UPGRADE THEIR HOMES FOR IMPROVED COMFORT, SAFETY AND ENERGY EFFICIENCY. INCOME QUALIFIED RESIDENTS OF PITKIN AND EAGLE COUNTIES IN THE ROARING FORK VALLEY RECEIVE FREE PROGRAM BENEFITS INCLUDING HOME ENERGY ASSESSMENTS, ENERGY UPGRADES, AND ENERGY ADVISING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Treadway Employee | 40 | $103,584 | |
Mona Newton Exec Dir/sec Thru 11/30 | Officer | 10 | $94,568 |
John Dougherty Interim Exec Dir From 12/01 | Officer | 10 | $20,750 |
David Munk Vice Chair | OfficerTrustee | 1 | $0 |
Bill Stirling Chair | OfficerTrustee | 1 | $0 |
Bob Sirkus Alternate Trustee | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,997,822 |
| 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 | $1,997,822 |
| Total Program Service Revenue | $118,367 |
| Investment income | $5,912 |
| 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 | $2,122,101 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $604,193 |
| Grants and other assistance to domestic individuals. | $224,030 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $198,152 |
| Compensation of current officers, directors, key employees. | $17,230 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $460,094 |
| Pension plan accruals and contributions | $19,996 |
| Other employee benefits | $60,884 |
| Payroll taxes | $51,544 |
| Fees for services: Management | $37,349 |
| Fees for services: Legal | $1,556 |
| Fees for services: Accounting | $28,959 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $74,437 |
| Advertising and promotion | $97,670 |
| Office expenses | $5,244 |
| Information technology | $4,101 |
| Royalties | $0 |
| Occupancy | $38,975 |
| Travel | $2,113 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,969 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $564 |
| Insurance | $6,521 |
| All other expenses | $0 |
| Total functional expenses | $1,922,351 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $181,166 |
| Savings and temporary cash investments | $1,915,425 |
| Pledges and grants receivable | $1,771,000 |
| Accounts receivable, net | $119,614 |
| 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 | $2,679 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,276,391 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,552 |
| Total assets | $5,269,827 |
| Accounts payable and accrued expenses | $168,122 |
| 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 | $133,088 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $3,764 |
| Total liabilities | $304,974 |
| Net assets without donor restrictions | $1,534,340 |
| Net assets with donor restrictions | $3,430,513 |
| 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 | $5,269,827 |
Grants Awarded
Over the last fiscal year, Community Office For Resource Efficiency has awarded $573,945 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
CITY OF ASPEN PURPOSE: BUILDING EFFICIENCY | $200,000 |
TOWN OF SNOWMASS VILLAGE PURPOSE: BUILDING EFFICIENCY | $100,000 |
ASPEN PITKIN EMPLOYEE HOUSING INC PURPOSE: BUILDING EFFICIENCY | $60,000 |
Basalt, CO PURPOSE: BUILDING EFFICIENCY | $60,000 |
Basalt, CO PURPOSE: BUILDING EFFICIENCY | $34,521 |
MCCABE PROPERTIES LLC PURPOSE: BUILDING EFFICIENCY | $20,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Community Office For Resource Efficiency has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
The Goodwin Foundation A New Jersey Non Profit Corporation Pikesville, MD PURPOSE: ENTITY SUPPORT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Western Conservation Foundation Denver, CO | $6,156,193 | $13,024,526 |
Environment America Inc Denver, CO | $45,550,735 | $14,481,282 |
Grand Canyon Trust Inc Flagstaff, AZ | $35,143,090 | $9,915,125 |
Badger Creek Corporation Stilwell, KS | $26,149,568 | $5,167,986 |
Housing Resources Of Western Colorado Grand Junction, CO | $12,341,486 | $4,804,755 |
River Network Boulder, CO | $3,721,825 | $4,468,341 |
Compatible Lands Foundation Inc Claremore, OK | $1,764,355 | $3,589,470 |
Summit Land Conservancy Park City, UT | $8,589,642 | $4,445,147 |
Tucson Audubon Society Tucson, AZ | $6,162,054 | $3,148,032 |
Coalitions And Collaboratives Inc Lake George, CO | $744,071 | $2,427,870 |
Platte River Whooping Crane Maintenance Trust Inc Wood River, NE | $12,726,786 | $1,705,315 |
Mountain Studies Institute San Juan Mountains Colorado Silverton, CO | $837,750 | $2,011,165 |