West End Economic Development Corporation

Organization Overview

West End Economic Development Corporation is located in Naturita, CO. The organization was established in 2015. According to its NTEE Classification (S32) the organization is classified as: Rural Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2022, West End Economic Development Corporation employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. West End Economic Development Corporation 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, West End Economic Development Corporation generated $225.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (7.2%) each year. All expenses for the organization totaled $263.2k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (5.3%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

ECONOMIC AND SMALL BUSINESS DEVELOPMENT

Describe the Organization's Program Activity:

Part 3 - Line 4a

WEST END ECONOMIC DEVELOPMENT CORPORATION RECEIVED A RURAL ECONOMIC DEVELOPMENT INITIATIVE GRANT FROM THE COLORADO DEPARTMENT OF LOCAL AFFAIRS TO CONTINUE THE EFFORTS OF A PREVIOUS GRANT TO CONTINUE TO ASSIST THE WEST END COMMUNITY IN THEIR TRANSITION AWAY FROM COAL. THE REDI GRANT SUPPORTED COMMUNITY DEVELOPMENT WORKFORCE DEVELOPMENT AND SMALL BUSINESS DEVELOPMENT. THIS GRANT ENDS IN FY23.


BLUEPRINT SBDC IS A GRANT-FUNDED PROGRAM TO ASSIST SMALL BUSINESSES DEVELOP THEIR BUSINESS PLANS PROVIDE CLASS TRAINING AND ONE-ON-ONE CONSULTATION WITH QUALIFIED SMALL BUSINESS COUNSELORS INCLUDING CONTRACTORS.


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Board, Officers & Key Employees

Name (title)Compensation
Aimee Tooker
President
$0
Rick Wolney
Vice President
$0
Kenny Heldman
Secretary Treasurer
$0
April Montgomery
Director
$0
Carrie Andrew
Director
$0
Lisa Sutherland
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$6,200
Fundraising events$0
Related organizations$0
Government grants $172,381
All other contributions, gifts, grants, and similar amounts not included above$46,720
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$225,301
Total Program Service Revenue$2,900
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income -$2,775
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 $225,426

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Center For Community Transformation Inc
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$0
West End Economic Development Corporation
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$225,426
Logan County Economic Development Corporation
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Downtown Development Corp Of Tucson Az
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Albion Economic Development Corporation
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