Downtown Partnership Of Colorado Springs

Organization Overview

Downtown Partnership Of Colorado Springs is located in Colorado Springs, CO. The organization was established in 1998. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Downtown Partnership Of Colorado Springs employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Downtown Partnership Of Colorado Springs is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.

For the year ending 12/2021, Downtown Partnership Of Colorado Springs generated $1.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.6% each year. All expenses for the organization totaled $943.9k during the year ending 12/2021. While expenses have increased by 6.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO ACHIEVE A WORLD-CLASS, VIBRANT DOWNTOWN COLORADO SPRINGS THAT SERVES AS THE CIVIC, CULTURAL, AND ECONOMIC HEART OF THE CITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

MORE THAN 180 ORGANIZATIONS WERE PROVIDED TECHNICAL ASSISTANCE, MARKETING SUPPORT AND CUSTOM ORIENTATIONS TO THE WIDE VARIETY OF SUPPORTIVE SERVICES OFFERED THROUGH DOWNTOWN. A CAPACITY CROWD OF 700 PEOPLE ENJOYED AN INFORMATION-PACKED ABOUT DOWNTOWN THROUGH THE ANNUAL GATHERING, AND MORE THAN 1,600 PEOPLE WERE EDUCATED ABOUT DOWNTOWN THROUGH WALKING TOURS. DOWNTOWN PARTNERSHIP RECEIVED TWO AWARDS FROM THE INTERNATIONAL DOWNTOWN ASSOCIATION: VIRTUAL FIRST FRIDAY, A PROGRAM THAT AIDED GALLERIES AND CREATIVE VENUES DURING THE PANDEMIC, RECEIVED AN AWARD OF EXCELLENCE; AND OUR GATEWAY INITIATIVE WAS ONE OF JUST SEVEN PROJECTS NATIONWIDE HONORED WITH THE COVETED PINNACLE AWARD. PARTNERSHIP ADVOCACY, INVOLVEMENT AND MARKET DATA WAS ESSENTIAL TO SEVERAL NEW INITIATIVES SUCH AS THE LAUNCH OF E-SCOOTERS: THE UTILITIES RELIABILITY PROGRAM UPGRADES TO THE SOUTHEAST QUADRANT OF DOWNTOWN: PREPARING FOR THE DOWNTOWN SHUTTLE COMING IN 2022: JOINING WITH THE CITY TO SECURE A $1.6 MILLION GRANT FOR PHASE 1 OF THE TEJON STREET RECONFIGURATION.


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Board, Officers & Key Employees

Name (title)Compensation
Susan Edmondson
President/ceo
$148,777
Davin Neubacher
Chair
$0
Stuart Coppedge
Chair
$0
Tammy Shuminsky
Secretary/treasurer
$0
Warren Epstein
Vice Chair
$0
Jon Khoury
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$218,982
Fundraising events$28,073
Related organizations$0
Government grants $133,468
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$380,523
Total Program Service Revenue$742,840
Investment income $669
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 $1,126,455

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Downtown Partnership Of Colorado Springs has recieved totaling $10,000.

Awarding OrganizationAmount
Dusty And Katherine Loo Foundation

Colorado Springs, CO

PURPOSE: AOTS FOUNDATION - CONTRIBUTION FOR THE JUDY NOYES FUND

$10,000
View Grant Recipient Profile

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