Southern Colorado Commercial Brokers Association is located in Denver, CO. The organization was established in 2015. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, 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. Southern Colorado Commercial Brokers Association 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 12/2022, Southern Colorado Commercial Brokers Association generated $26.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.8%) each year. All expenses for the organization totaled $36.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.1%) per year over the past 7 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
2022
Describe the Organization's Program Activity:
Part 3
EDUCATION PROFESSIONAL GROWTH NETWORKING OPPORTUNITIES AND COMMUNITY OUTREACH FOR COMMERCIAL REAL ESTATE PROFESSIONALS IN THE COLORADO SPRINGS AREA.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Simon Penner President | 1 | $0 | |
Chris Myers Immediate Past President | 0.5 | $0 | |
Zachary Bunney Finance Chair | 1 | $0 | |
Jeremy Shirley Membership Chair | 1 | $0 | |
Alex Armani-Munn Director | 0.25 | $0 | |
Gosia Bikker Director | 0.25 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $30,405 |
| Investment income | $38 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$3,572 |
| Other Revenue | $0 |
| Total Revenue | $26,871 |
| 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 | $16,200 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $813 |
| Other expenses | $19,466 |
| Total expenses | $36,479 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $41,441 |
| Other assets | $0 |
| Total assets | $41,441 |
| Total liabilities | $13,561 |
| Net assets or fund balances | $27,880 |