Estes Park Economic Development Corporation
- Assets
- $52.9k
- Revenue
- $371.4k
- Investments
- $0.0
- Employees
- 4
- Location
- Estes Park, CO
- Founding
- Data as of
- 12/2022
- EIN
- 46-3326927
Organization Overview
Estes Park Economic Development Corporation is located in Estes Park, CO. As of 12/2022, Estes Park Economic Development Corporation employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Estes Park Economic Development Corporation is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2022, Estes Park Economic Development Corporation generated $371.4k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 12.7% each year . All expenses for the organization totaled $419.7k during the year ending 12/2022. While expenses have increased by 14.2% per year over the past 4 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE CORPORATION SHALL PLAN FOR AND PROMOTE THE ECONOMIC DEVELOPMENT OF THE ESTES VALLEY IN WAYS THAT ARE COMPATIBLE WITH THOSE QUALITIES THAT MAKE ESTES PARK A UNIQUE MOUNTAIN COMMUNITY.THE CORPORATION EXISTS TO BUILD A STRONGER AND MORE BROADLY-BASED ECONOMY AND TAX BASE; TO ADVISE AND ASSIST EXISTING LOCAL BUSINESSES TO REACH THEIR FULL ECONOMIC POTENTIAL; AND TO ATTRACT NEW BUSINESSES THAT CREATE PRIMARY JOBS AND NEW EMPLOYMENT OPPORTUNITIES.THE CORPORATION SHALL USE AND PROMOTE THE TOOLS OF ECONOMIC DEVELOPMENT TO CREATE A MORE DYNAMIC, MULTI-GENERATIONAL COMMUNITY TO THE BENEFIT OF ALL CITIZENS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ESTES PARK EDC'S THREE LARGEST PROGRAM SERVICES IN 2022 WERE BASE PROGRAM, BEAR PROGRAM AND ENTREPRENEURIAL CENTER.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Travis Machelak Director | Trustee | 1 | $0 |
Christina Kraft Vice-Chair | OfficerTrustee | 2 | $0 |
Adam Crowe Director | Trustee | 1 | $0 |
Bill Van Horn Secretary | OfficerTrustee | 1 | $0 |
Claudine Perrault Director | Trustee | 1 | $0 |
Estee Rivera Murdock Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $190,900 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $153,528 |
| All other contributions, gifts, grants, and similar amounts not included above | $26,925 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $371,353 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $371,353 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $265,848 |
| Pension plan accruals and contributions | $944 |
| Other employee benefits | $0 |
| Payroll taxes | $22,090 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,530 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $13,689 |
| Advertising and promotion | $2,413 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $49,000 |
| Travel | $47,592 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,752 |
| Insurance | $1,457 |
| All other expenses | $21 |
| Total functional expenses | $419,694 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $28,256 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $50 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $24,591 |
| Total assets | $52,897 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | -$798 |
| Total liabilities | -$798 |
| Net assets without donor restrictions | $53,695 |
| 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 | $52,897 |