Construction Workforce Foundation Of Colorado
- Assets
- $1.1m
- Revenue
- $113.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Centennial, CO
- Founding
- 03/2001
- Data as of
- 09/2021
- EIN
- 84-1565239
Organization Overview
Construction Workforce Foundation Of Colorado is located in Centennial, CO. The organization was established in 2001. According to its NTEE Classification (B30) the organization is classified as: Vocational & Technical Schools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Construction Workforce Foundation Of Colorado 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 09/2021, Construction Workforce Foundation Of Colorado generated $113.8k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.7% each year. All expenses for the organization totaled $66.9k during the year ending 09/2021. While expenses have increased by 6.4% per year over the past 6 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE AND PROMOTE EDUCATIONAL OPPORTUNITIES FOR CONSTRUCTION CAREERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE SCHOLARSHIPS TO STUDENTS WHO HAVE CHOSEN A CONSTRUCTION CAREER.
TO PROVIDE SEMINARS RELATED TO CURRENT TOPICS IN THE CONSTRUCTION INDUSTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Randy Drennen Secretary | OfficerTrustee | 1 | $0 |
Jeffrey Clevenger Trustee | Trustee | 1 | $0 |
Don Appleby Trustee | Trustee | 1 | $0 |
Tim Maloney Trustee | Trustee | 1 | $0 |
Jeff Keller Trustee | Trustee | 1 | $0 |
Ted Dekowzan Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $60,527 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $19,362 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $79,889 |
| Total Program Service Revenue | $0 |
| Investment income | $8,078 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $43,688 |
| Net Income from Fundraising Events | -$17,808 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $113,847 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $51,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| 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 | $3,396 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $9,222 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $157 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,150 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $66,925 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $28,295 |
| Savings and temporary cash investments | $994,945 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $36,996 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $15,416 |
| Total assets | $1,075,652 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $1,075,652 |
| 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 | $1,075,652 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Construction Workforce Foundation Of Colorado has recieved totaling $3,000.
| Awarding Organization | Amount |
|---|---|
Enterprise Holdings Foundation Saint Louis, MO PURPOSE: PROGRAM SUPPORT | $3,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
E-Institute Charter School Inc Glendale, AZ | $5,349,223 | $5,255,212 |
Calibre Academy Inc Glendale, AZ | $11,926,641 | $5,251,509 |
National Tactical Officers Association Colorado Springs, CO | $2,706,085 | $5,194,177 |
Local 798 Training Center Tulsa, OK | $15,089,944 | $2,364,355 |
Phoenix Advantage Charter School Inc Phoenix, AZ | $6,755,365 | $3,116,244 |
Phoenix Electrical Joint Apprentice Phoenix Electrical Jatc Phoenix, AZ | $4,412,540 | $2,803,769 |
Park City Education Foundation Park City, UT | $4,266,324 | $3,020,794 |
New Mexico Pipe Trades Joint Apprenticeship Fund Albuquerque, NM | $5,396,358 | $2,206,148 |
Big Brothers-Big Sisters Of Utah Inc Salt Lake City, UT | $1,937,672 | $2,352,525 |
Cosanti Foundation Mayer, AZ | $6,295,849 | $1,833,941 |
Rolf Institute Boulder, CO | $848,027 | $1,976,824 |
Independent Electrical Contractors Inc Colorado Springs, CO | $945,690 | $1,262,960 |