2025-08-01T12:23:00-04:00 2024-09-30 841255164 KUNDINGER CORDER & MONTOYA PC 475 LINCOLN STREET SUITE 200 DENVER CO 80203 990 2023-10-01 840837398 COLORADO ENTERPRISE FUND COLO 3038600242 1888 SHERMAN STREET SUITE 530 DENVER CO 80203 LUKE ANDERSON CFO 3038600242 2025-07-31 true true TIFFANY KNIGHT P01725779 3035345953 2025-08-01 2023 2025-03-06 01:10:19Z CECILIA PRINSTER 1888 SHERMAN STREET SUITE 530 DENVER CO 80203 24012822 false X WWW.COLORADOENTERPRISEFUND.ORG X 1976 CO TO ACCELERATE COMMUNITY PROSPERITY BY FINANCING AND SUPPORTING ENTREPRENEURS AND SMALL BUSINESSES. 12 12 48 14 0 12136951 17688634 5800275 5449598 285542 869748 46344 4842 18269112 24012822 1600077 3252816 0 3987682 4595032 0 238407 5218133 5325999 10805892 13173847 7463220 10838975 70114897 78725779 35749678 33521585 34365219 45204194 TO ACCELERATE COMMUNITY PROSPERITY BY FINANCING AND SUPPORTING ENTREPRENEURS AND SMALL BUSINESSES. false false 7513087 5449598 SMALL BUSINESS LENDING - CEF AGGREGATES AND LEVERAGES CAPITAL TO SPUR INVESTMENT AND BUILD CAPACITY FOR THOSE WHO LACK ACCESS TO CONVENTIONAL FINANCING AND ENTREPRENEURIAL NETWORKS, SPECIFICALLY TARGETING UNDERSERVED SMALL BUSINESS OWNERS. CEF PROVIDES FINANCING OPTIONS WHEN BANKS CANNOT LEND OR CANNOT LEND ENOUGH, SPECIALIZING IN LOANS UP TO 1,000,000 FOR NEW AND EXISTING SMALL BUSINESSES AND COMMUNITY ENTERPRISES THROUGHOUT COLORADO. CEF CATALYZES BUSINESS OWNERSHIP AND JOB CREATION BY OFFERING FLEXIBLE FINANCING PRODUCTS, PERSONALIZED CLIENT SUPPORT, ONE-ON-ONE BUSINESS COACHING, AND ACCESS TO ADDITIONAL RESOURCES FOR ENTREPRENEURS. 3252816 3252816 DURING 2024 AND 2023, CEF ENTERED INTO AGREEMENTS WITH GOVERNMENTAL ENTITIES TO ADMINISTER GRANT PROGRAMS FOR SMALL BUSINESSES AFFECTED BY ECONOMIC HARDSHIP CAUSED BY THE COVID-19 PANDEMIC, FUNDED BY THE STATE OF COLORADO, THE CARES ACT, AND THE AMERICAN RESCUE PLAN ACT (ARPA). 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X X X X false false false false false false false false false CECILIA PRINSTER PRESIDENT AND CEO 300532 75541 10522 2225 388820 NIM PATEL COO 249703 25541 8261 1107 284612 SCHEDULE J, PART III PART I, LINE 3 - THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS ANNUALLY PERFORMS A COMPENSATION REVIEW FOR THE CEO AND APPROVES THE CEO'S TOTAL COMPENSATION (SALARY, BONUS, AND BENEFITS). THE REVIEW IS INFORMED BY INDUSTRY COMPENSATION SURVEY DATA. FORM 990, PAGE 6, PART VI, LINE 11B A COPY OF THE FORM 990 WAS PROVIDED TO THE ORGANIZATION'S GOVERNING BODY FOR REVIEW AND APPROVAL PRIOR TO BEING FILED. FORM 990, PAGE 6, PART VI, LINE 12C THE BOARD OF DIRECTORS ARE REGULARLY REMINDED OF THEIR RESPONSIBLITY TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST AND ARE EXPECTED TO RECUSE THEMSELVES FROM ANY DECISION MAKING IF THERE IS AN ACTUAL CONFLICT OF INTEREST. FORM 990, PAGE 6, PART VI, LINE 15A THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS ANNUALLY PERFORMS A COMPENSATION REVIEW FOR THE CEO, AND APPROVES THE CEO'S TOTAL COMPENSATION (SALARY, BONUS, & BENEFITS). THE REVIEW IS INFORMED BY INDUSTRY COMPENSATION SURVEY DATA. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART XII LINE 2C - THE FINANCE AND AUDIT COMMITTEE IS RESPONSIBLE FOR OVERSIGHT OF THE AUDIT AND HAS FINAL APPROVAL ON THE SELECTION OF AN INDEPENDENT AUDITOR. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. 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