Saguache Works is located in Saguache, CO. The organization was established in 2013. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2022, Saguache Works employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Saguache Works 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, Saguache Works generated $93.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (6.3%) each year. All expenses for the organization totaled $103.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO BUILD A PROSPEROUS COMMUNITY THROUGH ECONOMIC STIMULATION, JOB CREATION AND TRAINING; TO PROMOTE HEALTHY LIFESTYLES THROUGH EXERCISE, HEALTHY FOOD, EDUCATION AND THE CREATION OF COMMUNITY.
Describe the Organization's Program Activity:
ECONOMIC STIMULATION: OUR BUILDING HOUSES A FOOD STORE, A THRIFT STORE AND AN EXERCISE STUDIO, AS WELL AS ONE BUSINESS RENTAL AND TWO AFFORDABLE APARTMENTS. THESE ACTIVITIES CREATE JOBS & COMMERCE. THE WELCOME CENTER LOCATED WITHIN THE FOOD STORE SELLS LOCAL ARTS, CRAFTS, AND HOMEGROWN TOTES, PRODUCED IN PRIOR YEARS UNDER THE FIBER INITIATIVE, ARE STILL MARKETED. OUR TWO BUSINESSES, EXERCISE STUDIO AND INDEPENDENTLY RUN CAFE CREATE A NEXUS FOR ACTIVITY AND COMMERCE. TOGETHER WITH JOB CREATION, THEY HELP US BUILD A VIBRANT COMMUNITY.
EXERCISE: ALTHOUGH GATHERING WAS RESTRICTED DURING PART OF THE PANDEMIC, WE WERE ABLE TO MAKE OUR EXERCISE STUDIO AVAILABLE LATER IN YEAR. FREE EXERCISE AND YOGA CLASSES WERE CARRIED ON AND HEALTH PRACTITIONERS REGULARLY USE THE SPACE TO OFFER SERVICES BY RESERVATION. CLASSES ARE TAUGHT. THE SPACE IS AVAILABLE FOR COMMUNITY MEETINGS BY RESERVATION.
LOCAL HEALTHY FOODS: THROUGH THE FOOD STORE, WE MET THE NEEDS OF THE COMMUNITY COMING OUT OF THE PANDEMIC. ADJUSTED INVENTORY TO ACCOMMODATE SPECIAL NEEDS. SUPPORTED PARTNERSHIP WITH VALLEY ROOTS FOOD HUB AND LOCAL VENDORS FOR DISTRIBUTION OF LOCALLY PRODUCED FOODS. CREATED JOBS IN RETAIL STORES. ACCEPTED FOOD STAMPS AND EXECUTED DOUBLE UP FOOD BUCKS PROGRAM TO GIVE-AWAY PRODUCE. WE OFFERED 20% DISCOUNTS TO CUSTOMERS 60 AND OLDER. ABOUT 60% OF OUR SALES ARE SUBJECT TO THIS DISCOUNT OR ABOUT 1,000 CUSTOMER-SALES/YEAR.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dawn Anderson President | 12 | $0 | |
Judith Anderson Vice President | 20 | $0 | |
Genevieve James CPA Secretary-Treasurer | 10 | $0 | |
Sarah Krantz Director At Large | 6 | $0 | |
Geneva Mixon Director At Large | 4 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $45,552 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $17,278 |
Total Revenue | $93,663 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $56,465 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $17,500 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $29,695 |
Total expenses | $103,660 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $11,761 |
Other assets | $0 |
Total assets | $135,560 |
Total liabilities | $38,000 |
Net assets or fund balances | $97,560 |