Meetings Industry Council Of Colorado Inc is located in Littleton, CO. The organization was established in 2003. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Meetings Industry Council Of Colorado Inc 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 06/2021, Meetings Industry Council Of Colorado Inc generated $140.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (19.6%) each year. All expenses for the organization totaled $164.7k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (16.4%) per year over the past 5 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 Mission:
Part 3 - Line 1
FOR THE HOSPITALITY INDUSTRY THE ORGANIZATION PROVIDES EDUCATION, NETWORKING OPPORTUNITIES, AND A FORUM FOR IMPLEMENTING NEW IDEAS. THIS IS ACHIEVED BY PLANNING, ORGANIZING, AND MANAGING THE INDUSTRIES ANNUAL TRADE SHOW AND OTHER EDUCATIONAL EVENTS.
Describe the Organization's Program Activity:
Part 3
PLAN AND OPERATE YEARLY TRADE SHOW WHICH PROVIDES AN EDUCATIONAL FORUM, NETWORKING OPPORTUNITIES, AND ADVANCEMENT OF NEW IDEAS WITHIN THE HOSPITALITY INDUSTRY.
SERVING UP HOPE LUNCHEON PROVIDES AN EDUCATIONAL FORUM AND NETWORKING OPPORTUNITIES WITH PROCEEDS GOING TO THE FOOD BANK OF THE ROCKIES AND ITS DENVER TABLE FUND.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Lora Knowlton Chairman | 1 | $0 | |
Allison Kinsley Cmm Cmp Ced Manager | 30 | $0 | |
Cody Galloway Secretary | 1 | $0 | |
Gysela Fillingham Cmp Treasurer | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $139,975 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $139,975 |
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 | $76,695 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $88,054 |
Total expenses | $164,749 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $57,057 |
Other assets | $0 |
Total assets | $57,057 |
Total liabilities | $0 |
Net assets or fund balances | $57,057 |
Over the last fiscal year, we have identified 1 grants that Meetings Industry Council Of Colorado Inc has recieved totaling $6,000.
Awarding Organization | Amount |
---|---|
Colorado Springs Convention Visitors Bureau Colorado Springs, CO PURPOSE: Support for local meeting/event | $6,000 |
Organization Name | Assets | Revenue |
---|---|---|
The Thunderbirds Phoenix, AZ | $33,696,955 | $84,390,943 |
Dairy Promotion Inc Kansas City, KS | $585,537 | $75,669,129 |
National Cattlemens Beef Association Inc Centennial, CO | $34,892,254 | $54,202,215 |
United States Meat Export Federation Inc Denver, CO | $20,783,822 | $49,870,327 |
Mgma-Acmpe Englewood, CO | $54,755,762 | $36,087,217 |
Mountain States Employers Council Inc Denver, CO | $41,916,661 | $36,504,782 |
Vail Valley Foundation Inc Avon, CO | $22,993,237 | $18,789,291 |
Scrum Alliance Inc Westminster, CO | $46,979,666 | $21,000,085 |
Investment Management Consultants Assn Inc Greenwood Village, CO | $30,192,603 | $13,414,601 |
National Council For Prescription Drug Programs Inc Scottsdale, AZ | $21,339,680 | $12,526,720 |
International Association Of Certified Home Inspectors Boulder, CO | $7,671,295 | $15,005,233 |
International Association For The Study Of Lung Cancer Denver, CO | $23,299,078 | $13,685,313 |