Colorado Physical Therapy Network is located in Lakewood, CO. The organization was established in 1995. According to its NTEE Classification (E50) the organization is classified as: Rehabilitative Care, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Colorado Physical Therapy Network 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, Colorado Physical Therapy Network generated $168.1k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $186.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.1%) per year over the past 8 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
THE ORGANIZATION'S PRIMARY SERVICE IS TO EDUCATE AND REFER PATIENTS TO PARTNERING HEALTH SPECIALISTS IN COLORADO.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Engleman Executive Director | 40 | $86,528 | |
Bob Cranny Board Member | 1 | $0 | |
Julie Byrt Board Member | 1 | $0 | |
Shane Bryant Board Member | 1 | $0 | |
Vince Carmellini Board Member | 1 | $0 | |
Scott Rezac Board President & Treasurer | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $168,069 |
| Investment income | $3 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $168,072 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $111,221 |
| Professional fees and other payments to independent contractors | $280 |
| Occupancy, rent, utilities, and maintenance | $20,453 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $54,904 |
| Total expenses | $186,858 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $27,656 |
| Other assets | $0 |
| Total assets | $109,418 |
| Total liabilities | $417 |
| Net assets or fund balances | $109,001 |