The Greenway Foundation Inc
- Assets
- $2.8m
- Revenue
- $1.2m
- Investments
- $662.3k
- Employees
- 27
- Location
- Denver, CO
- Founding
- 07/1976
- Data as of
- 12/2021
- EIN
- 51-0193575
Organization Overview
The Greenway Foundation Inc is located in Denver, CO. The organization was established in 1976. According to its NTEE Classification (S99) the organization is classified as: Community Improvement & Capacity Building N.E.C., under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Greenway Foundation Inc employed 27 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greenway Foundation Inc 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 12/2021, Greenway Foundation Inc generated $1.2m 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 (4.7%) each year. All expenses for the organization totaled $1.8m during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE GREENWAY FOUNDATION IS TO ADVANCE A SUSTAINABLE WATER FUTURE FOCUSING PRIMARILY ON COLORADO AND THE WESTERN UNITED STATES.THE MISSION WILL BE ACCOMPLISHED BY CREATING ONGOING ENVIRONMENTAL AND RIPRARIAN ENHANCEMENTS, HOLDING REAL ESTATE, WHEN NEEDED, IN CONSERVATION EASEMENTS; UTILIZING THE RIVER AS AN OUTDOOR AND HISTORICAL LEARNING RESOURCE; HOSTING FREE CULTURAL EVENTS PROMOTING THE RIVER AND MUSIC, ART AND THEATRE; PROVIDING YOUTH EMPLOYMENT OPPORTUNITIES; AND BY PROMOTING GOOD STEWARDSHIP THROUGH HANDS ON EDUCATIONAL PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COS CREEK PLAN-CITY OF COLORADO SPRINGS, COLORADO:THE FOUNDATION SERVES AS THE PROJECT MANAGER FOR A MULTI-YEAR VISIONING EFFORT INVOLVING NUMEROUS PUBLIC AND PRIVATE PARTNERS TO CREATE A STRATEGIC PLAN FOR THE FOUNTAIN CREEK WATERSHE WITH THE CITY OF COLORADO SPRINGS. THE FOUNDATION'S WILL STRIVE TO MAKE VISION = REALITY.PURGATORIE RIVER - CITY OF TRINIDAD, COLORADOTHE FOUNDATION SERVES AS THE PROJECT MANAGER FOR A MULTI-YEAR VISIONING EFFORT.
OTHER PROGRAM SERVICES AND PROJECTS:THE WATER CONNECTION - WATER RESOURCES AND POLICY INITIATIVE OF THE FOUNDATION. THE WATER CONNECTION IS A REGIONAL VENTURE THAT FOSTERS CIVIC ACTION AND TECHNOLOGICAL INNOVATION FOR THE VARIOUS COLORADO WATERSHEDS AND PROMOTES AND FACILITATES REGENERATIVE WATER SYSTEMS, IMPROVED WATER QUALITY, AND SUSTAINABLE WATER INFRASTRUCTURE.CHATFIELD ENVIRONMENTAL POOL - THE FOUNDATION AND DENVER WATER JOINTLY INITIATED A FUND DRIVE TO ADD AN ADDITIONAL 500 ACRE FEET OF ENVIRONMENTAL STORAGE IN CHATFIELD RESERVOIR.
SPREE PROGRAM:SOUTH PLATTE RIVER ENVIRONMENTAL EDUCATION ("SPREE") PROVIDES EDUCATION PROGRAMS TO CHILDREN ON THE SOUTH PLATTE RIVER IN DENVER. SPREE AIMS TO DEVELOP A POSITIVE RELATIONSHIP BETWEEN THE S PLATTE RIVER AND DENVER AREA CITIZENS THROUGH SCHOOL EXCURSIONS, WEEKEND EVENTS, AND SUMMER CAMPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
W Jeffrey Shoemaker Exec Director | 50 | $0 | |
Kip Stastny Chairman | OfficerTrustee | 0 | $0 |
Bar Chadwick Vice Chair | OfficerTrustee | 0 | $0 |
Brent Applebaum Secretary | OfficerTrustee | 0 | $0 |
Larry Elrod Director | Trustee | 0 | $0 |
Jon Bridges Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $21,500 |
| Related organizations | $0 |
| Government grants | $359,608 |
| All other contributions, gifts, grants, and similar amounts not included above | $365,608 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $746,716 |
| Total Program Service Revenue | $138,863 |
| Investment income | $81,112 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $41,457 |
| Net Income from Fundraising Events | $224,310 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,248,678 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $4,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $222,649 |
| Compensation of current officers, directors, key employees. | $48,983 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $506,199 |
| Pension plan accruals and contributions | $30,233 |
| Other employee benefits | $44,969 |
| Payroll taxes | $51,965 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $517,285 |
| Advertising and promotion | $12,888 |
| Office expenses | $15,620 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $34,179 |
| Travel | $1,497 |
| 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 | $2,604 |
| Insurance | $17,016 |
| All other expenses | $44,892 |
| Total functional expenses | $1,819,449 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $95,354 |
| Savings and temporary cash investments | $715,537 |
| Pledges and grants receivable | $114,486 |
| 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 | $16,795 |
| Investments—publicly traded securities | $1,205,289 |
| Investments—other securities | $662,291 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,809,752 |
| Accounts payable and accrued expenses | $161,121 |
| 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 | $40,976 |
| Total liabilities | $202,097 |
| Net assets without donor restrictions | $643,869 |
| Net assets with donor restrictions | $1,963,786 |
| 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 | $2,809,752 |
Grants Recieved
Over the last fiscal year, we have identified 14 grants that The Greenway Foundation Inc has recieved totaling $541,005.
| Awarding Organization | Amount |
|---|---|
Mdc Richmond American Homes Foundation Denver, CO PURPOSE: General Operating Support | $300,000 |
Gates Family Foundation Denver, CO PURPOSE: PROJECT SUPPORT | $50,000 |
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $47,604 |
Community First Foundation Arvada, CO PURPOSE: GENERAL PURPOSE | $32,795 |
Denver Foundation Denver, CO PURPOSE: GENERAL OPERATING SUPPORT | $31,000 |
Xcel Energy Foundation Minneapolis, MN PURPOSE: MATCHING EMPLOYEE DONATION / EDUCATION GRANT | $15,720 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
City Of Glendale Municipal Property Corporation Glendale, AZ | $246,934,000 | $15,805,000 |
Northeast Nebraska Community Action Partnership Inc Pender, NE | $3,455,970 | $8,987,958 |
Sun City Oro Valley Community Association Inc Oro Valley, AZ | $28,029,235 | $8,742,643 |
Estrella Joint Committee Inc A Non-Profit Corporation Scottsdale, AZ | $5,462,539 | $8,224,629 |
Villages At Estrella Mountain Ranch Community Association Scottsdale, AZ | $5,670,197 | $7,276,595 |
Capacity Builders Inc Farmington, NM | $637,038 | $4,802,457 |
Downtown Denver Inc Denver, CO | $16,400,414 | $3,557,827 |
Step One Foundation Inc Prescott Valley, AZ | $1,032,360 | $2,189,469 |
The Willow Domestic Violence Center Inc Lawrence, KS | $1,107,749 | $1,909,779 |
Ralston House Arvada, CO | $2,291,601 | $1,890,985 |
The Greenway Foundation Inc Denver, CO | $2,809,752 | $1,248,678 |
Mechanical Contractors Association Of Colorado Denver, CO | $0 | $1,885,998 |