Tour Colorado
- Assets
- $94.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Durango, CO
- Founding
- 08/2002
- Data as of
- 12/2020
- EIN
- 03-0417503
Organization Overview
Tour Colorado is located in Durango, CO. The organization was established in 2002. 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. Tour Colorado 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 12/2020, Tour Colorado generated $110.2k 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 (13.1%) each year. All expenses for the organization totaled $97.7k during the year ending 12/2020. 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
2020
Describe the Organization's Program Activity:
Part 3
TOUR COLORADO ASSOCIATION BRINGS TOGETHER COLORADO DESTINATIONS, ATTRACTIONS, LODGERS AND TOURISM BASED SERVICE PROVIDERS AS ONE STATEWIDE ORGANIZATION TO MARKET COLORADO DIRECTLY TO DOMESTIC TOUR OPERATORS AND PACKAGED TRAVEL PLANNERS. TOUR COLORADO ASSOCIATION IS POSITIONED AS THE AUTHORITY OF COLORADO INFORMATION FOR NORTH AMERICAN TOUR OPERATORS & PACKAGED TRAVEL PLANNERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julianne Fredrick Executive Dir. | 20 | $27,000 | |
Floy Kennedy Board Member | 2 | $0 | |
Michelle Kempama President | 2 | $0 | |
Lee Dahl Board Member | 2 | $0 | |
Dona Basham Vice President | 2 | $0 | |
Joan Fields Board Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $80,000 |
| Total Program Service Revenue | $14,425 |
| Membership dues | $15,733 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $110,159 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $27,000 |
| Professional fees and other payments to independent contractors | $2,630 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $4,936 |
| Other expenses | $63,106 |
| Total expenses | $97,672 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $90,869 |
| Other assets | $0 |
| Total assets | $94,469 |
| Total liabilities | $0 |
| Net assets or fund balances | $94,469 |
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