Alliance For Innovation And Transformation
- Assets
- $286.6k
- Revenue
- $203.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Golden, CO
- Founding
- 10/2007
- Data as of
- 12/2021
- EIN
- 84-1365711
Organization Overview
Alliance For Innovation And Transformation, operating under the name Cqin, is located in Golden, CO. The organization was established in 2007. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cqin 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 12/2021, Cqin generated $203.0k 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 (6.3%) each year. All expenses for the organization totaled $187.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.3%) per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATIONS PRIMARY MISSION IS TO PROVIDE ITS MEMBERS INSPIRED LEARNING, DEVELOPMENT, AND NETWORKING OPPORTUNITIES FOCUSED ON CUSTOMER-DRIVEN VALUE, INNOVATION, TRANSFORMATION SKILLS AND TECHNIQUES, AND LONG-TERM SUSTAINABILITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUMMER INSTITUTE IS A UNIQUE EDUCATIONAL EXPERIENCE DESIGNED FOR CEOS AND THEIR TEAMS TO LEARN FROM WORLD CLASS LEARNING PARTNERS. DURING THE PROGRAM, TEAMS PARTICIPATE IN INTERACTIVE LEARNING ACTIVITIES AND DISCUSS KEY CONCEPTS IN ORDER TO TRANSLATE THEM INTO ACTIONABLE SOLUTIONS THAT FIT THEIR INSTITUTIONS NEEDS. APPROXIMATELY 270 ATTENDEES AND THEIR ORGANIZATIONS BENEFITTED FROM THIS PROGRAM.
CEO/REPS MEETING - ANNUAL FORUM FOR MEMBER CEOS AND INSTITUTIONAL REPRESENTATIVES TO WORK WITH LEARNING PARTNER SENIOR EXECUTIVES TO DISCUSS THE CONCEPTS AND STRATEGIES THAT HAVE LED THEM TO ACHIEVE PERFORMANCE EXCELLENCE. THIS ALLOWS MEMBER CEOS/REPS TO ADDRESS THEIR SPECIFIC LEADERSHIP CHALLENGES AND SHAPE LEARNING FOR THE SUMMER INSTITUTE. APPROXIMATELY 80 INDIVIDUALS AND THEIR ORGANIZATIONS BENEFITTED FROM THIS PROGRAM.
CEO NETWORKING SESSIONS ARE PRIVATE, FACILITATED SESSIONS WHICH PROVIDE CEOS A SAFE SPACE TO HAVE OPEN, HONEST CONVERSATIONS ABOUT CURRENT EVENTS AND HOT BUTTON ISSUES IMPACTING THEIR CAMPUSES. APPROXIMATELY 170 ATTENDEES AND THEIR ORGANIZATIONS BENEFITTED FROM 12 MONTHLY SESSIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Politi Outgoing Executive Director | Officer | 30 | $51,150 |
Julie Rekart Financial Coordinator | Officer | 6 | $12,100 |
Erika Liodice Incoming Executive Director | OfficerTrustee | 0 | $0 |
Christine Sobek Secr-Treasurer | OfficerTrustee | 2 | $0 |
Leah Bornstein President | OfficerTrustee | 2 | $0 |
Jackie Elliott President Elect | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $57,499 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $57,499 |
| Total Program Service Revenue | $132,525 |
| Investment income | $24 |
| 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 | $203,048 |
| 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. | $63,249 |
| Compensation of current officers, directors, key employees. | $39,764 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $84,151 |
| Advertising and promotion | $24 |
| Office expenses | $6,725 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $4,744 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,027 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $186,956 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $107,821 |
| Savings and temporary cash investments | $141,669 |
| 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 | $37,088 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $286,578 |
| Accounts payable and accrued expenses | $38 |
| Grants payable | $0 |
| Deferred revenue | $57,500 |
| 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 | $0 |
| Total liabilities | $57,538 |
| Net assets without donor restrictions | $229,040 |
| 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 | $286,578 |
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