Cheyenne Leads
- Assets
- $27.4m
- Revenue
- $1.1m
- Investments
- $1.2m
- Employees
- 5
- Location
- Cheyenne, WY
- Founding
- 06/1964
- Data as of
- 12/2023
- EIN
- 83-6002995
Organization Overview
Cheyenne Leads is located in Cheyenne, WY. The organization was established in 1964. 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. As of 12/2023, Cheyenne Leads employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cheyenne Leads 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 12/2023, Cheyenne Leads generated $1.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (9.3%) each year. All expenses for the organization totaled $2.2m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (4.0%) per year over the past 9 years. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
POSITION CHEYENNE AND LARAMIE COUNTY AS A LOCATION OF CHOICE FOR NEW AND EXPANDING BUSINESSES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROMOTE ECONOMIC GROWTH AND ATTRACT NEW BUSINESSES TO LARAMIE COUNTY
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 |
|---|---|---|---|
Betsey Hale CEO | Officer | 40 | $192,171 |
Keith Zabka Chair | OfficerTrustee | 2 | $0 |
Ann Nelson Vice Chair | OfficerTrustee | 2 | $0 |
Rich Bolkovatz Treasurer | OfficerTrustee | 2 | $0 |
Jeff Pope Secretary | OfficerTrustee | 2 | $0 |
Kim Alexander Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $427,626 |
| Fundraising events | $28,525 |
| Related organizations | $0 |
| Government grants | $344,381 |
| All other contributions, gifts, grants, and similar amounts not included above | $750 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $801,282 |
| Total Program Service Revenue | $45,600 |
| Investment income | $294,577 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $40,952 |
| Net Gain/Loss on Asset Sales | -$30,740 |
| Net Income from Fundraising Events | -$12,267 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,139,404 |
| 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. | $192,171 |
| Compensation of current officers, directors, key employees. | $86,477 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $251,901 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $110,070 |
| Payroll taxes | $29,638 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $16,143 |
| Fees for services: Accounting | $49,840 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $35,617 |
| Fees for services: Other | $349,230 |
| Advertising and promotion | $137,537 |
| Office expenses | $39,370 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $46,553 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $52,649 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $47,606 |
| Insurance | $11,242 |
| All other expenses | $24,448 |
| Total functional expenses | $2,196,585 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $54,771 |
| Savings and temporary cash investments | $3,514,292 |
| Pledges and grants receivable | $9,301 |
| Accounts receivable, net | $416,287 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $8,914,162 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $4,941,952 |
| Investments—publicly traded securities | $7,940,124 |
| Investments—other securities | $1,246,227 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $401,918 |
| Total assets | $27,439,034 |
| Accounts payable and accrued expenses | $69,340 |
| Grants payable | $0 |
| Deferred revenue | $437,005 |
| 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 | $2,221,044 |
| Total liabilities | $2,727,389 |
| Net assets without donor restrictions | $24,711,645 |
| 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 | $27,439,034 |