Colorado Business Group On Health
- Assets
- $403.5k
- Revenue
- $475.9k
- Investments
- $0.0
- Employees
- 3
- Location
- Lakewood, CO
- Founding
- 12/1997
- Data as of
- 12/2021
- EIN
- 84-1384777
Organization Overview
Colorado Business Group On Health is located in Lakewood, CO. The organization was established in 1997. According to its NTEE Classification (W90) the organization is classified as: Consumer Protection, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, Colorado Business Group On Health employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Colorado Business Group On Health 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, Colorado Business Group On Health generated $475.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (11.7%) each year. All expenses for the organization totaled $498.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (11.9%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ADVANCE THE PURCHASER'S ROLE IN ADVANCING HIGH QUALITY, COST EFFECTIVE HEALTH CARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Smith Executive Director | OfficerTrustee | 40 | $154,285 |
Heather Britton President | OfficerTrustee | 1 | $0 |
Nathan Cooper Vice President | OfficerTrustee | 1 | $0 |
Kenneth Detweiler Treasurer | OfficerTrustee | 1 | $0 |
Lorie Robertson Secretary | OfficerTrustee | 1 | $0 |
Jennifer Fairman Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $173,600 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $97,042 |
| All other contributions, gifts, grants, and similar amounts not included above | $171,005 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $441,647 |
| Total Program Service Revenue | $33,870 |
| Investment income | $290 |
| 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 | $475,882 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $154,285 |
| Compensation of current officers, directors, key employees. | $38,571 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $120,750 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $33,102 |
| Payroll taxes | $19,992 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $20,175 |
| Fees for services: Accounting | $10,131 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $68,238 |
| Advertising and promotion | $0 |
| Office expenses | $3,344 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $9,000 |
| Travel | $641 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $42,504 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $350 |
| Insurance | $3,651 |
| All other expenses | $0 |
| Total functional expenses | $498,341 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $108,948 |
| Savings and temporary cash investments | $289,940 |
| Pledges and grants receivable | $0 |
| 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 | $3,355 |
| Net Land, buildings, and equipment | $1,225 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $403,468 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $54,550 |
| 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 | $26,789 |
| Total liabilities | $81,339 |
| Net assets without donor restrictions | $322,129 |
| 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 | $403,468 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Colorado Business Group On Health has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
National Alliance Of Healthcare Purchaser Coalitions Inc Washington, DC PURPOSE: PASS-THROUGH SUPPORT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Cyber Intelligence Center Colorado Springs, CO | $2,414,946 | $3,090,288 |
Colorado Business Group On Health Lakewood, CO | $403,468 | $475,882 |
Nebraska Coalition Patient Safety Omaha, NE | $758,206 | $652,422 |
Prescott Area Wildland-Urban Interface Commission Prescott, AZ | $109,171 | $0 |
Consumers United Association Denver, CO | $394,261 | $0 |
Colorado Public Interest Research Foundation Inc Denver, CO | $642,516 | $226,398 |
New Mexico Utility Shareholders Alliance Albuquerque, NM | $0 | $0 |