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Nonprofit · EIN 47-2510914

CRESTED BUTTE DEVELOPMENT TEAM

Also known as CRESTED BUTTE DEVO

Tax-exempt · CRESTED BUTTE, CO 81224

Financials

$328K$317K2023$318K$304K2024
Revenue Expenses · by fiscal year end
Financials of CRESTED BUTTE DEVELOPMENT TEAM by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$317,523$304,242$13,281$83,050$10,202$72,848
December 31, 2023990$327,642$317,290$10,352$65,680$6,113$59,567
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$122,715
of which government grants
$35,116
Program service revenue
$201,505
Investment income
$235
Net rental income
$2,500
Net income from sales of inventory
-$9,432
Other revenue
-$6,932

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$60,200
Other salaries and wages
$122,762
Salaries, compensation and benefits (total)
$196,609
Professional fundraising fees
$0
Accounting fees
$5,350
Depreciation
$2,419
Program services (functional)
$273,875
Management and general (functional)
$21,867
Fundraising (functional)
$8,500

Balance sheet and other

Total assets, start of year
$65,680
Total assets, end of year
$83,050
Total liabilities, end of year
$10,202
Net assets, end of year
$72,848
Land, buildings and equipment
$3,629
Gross receipts
$331,551
Employees
39
Volunteers
57
Year formed
2014
State of legal domicile
CO

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
AMY NOLANEXEC.DIRECTO
Trustee or director, Officer
30$34,000
ADAM OLMSTEADDIRECTOR OF
Officer
30$26,200
RANDY ENGELPRESIDENT
Trustee or director, Officer
2$0
MARTIN SPENCERTREASURER
Trustee or director, Officer
2$0
AMELIA POPPESECRETARY
Trustee or director, Officer
2$0
WILL FRISCHKORNEXEC. DIRECT
Trustee or director, Officer
30$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
AMY NOLANDIRECTOR
Trustee or director, Officer
30$34,000
ADAM OLMSTEADASST DIRECTO
Officer
30$22,429
RANDY ENGELPRESIDENT
Trustee or director, Officer
2$0
DIANA GIBSONSECRETARY
Trustee or director, Officer
2$0
CINDY GLOWCZEWSKYTREASURER
Trustee or director, Officer
2$0
MARTIN SPENCERTREASURER
Trustee or director, Officer
2$0

Address and contacts

Address (IRS master file)
PO BOX 1501, CRESTED BUTTE, CO 81224-1501
Mailing address (990-N for 2015)
PO Box 1416, Crested Butte CO 81224
Principal officer (990 for 2024)
MARTIN SPENCER, PO BOX 1416, CRESTED BUTTE, CO 81224
Principal officer (990-N for 2015)
Michael Nolan, 129 Gothic Ave, Crested Butte CO 81224
Signed the 990
MARTIN SPENCER, TREASURER
Phone
(720) 352-2331
Return prepared by
PRINCIPLE ACCOUNTING LLC

Mission

TO PROVIDE A FUN AND SAFE ENVIRONMENT FOR YOUNG CYCLISTS TO DEVELOP SKILLS AND PASSION THAT LAST A LIFETIME.

990 for the year ended December 31, 2024

Program accomplishments

  • THE CRESTED BUTTE DEVELOPMENT TEAM, INC. IS A NONPROFIT CORPORATION ORGANIZED FOR EDUCATIONAL PURPOSES AND DESIGNED TO PROMOTE AMATEUR SPORTS COMPETITION. ITS PURPOSE IS EDUCATIONAL AND FOSTERS NATIONAL AMATEUR SPORTS. THE ORGANIZATIONS MISSION IS AS FOLLOWS: TO PROVIDE A FUN AND SAFE ENVIRONMENT WITHIN WHICH YOUNG CYCLISTS DEVELOP SKILLS AND PASSION THAT LASTS A LIFETIME. EDUCATING YOUNG CYCLISTS AND PREPARING THEM FOR AMATEUR COMPETITION IS THE PRIMARY AND SOLE ACTIVITY FOR THIS ORGANIZATION. THE CRESTED BUTTE DEVELOPMENT TEAM OFFERS EDUCATIONAL PROGRAMS TO CYCLISTS BETWEEN THE AGES OF EIGHT (8) AND FOURTEEN (14) DURING THE SUMMER MONTHS OF JUNE, JULY AND AUGUST AND A GIRLS AND BOYS HIGH SCHOOL BIKING PROGRAM IN THE FALL.
    Expenses $273,875

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
47-2510914
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2015
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$83,050
Income (IRS master file)
$331,551

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024–––IRS
990December 2023$327,642$317,290$65,680IRS
990December 2022$276,407$259,131$68,215IRS
990December 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2018–––IRS
990-EZDecember 2017–––IRS
990-N for 2015
Officer: Michael Nolan
December 31, 2015≤ $50,000 receipts––e-Postcard

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.

Questions about CRESTED BUTTE DEVELOPMENT TEAM

What is the EIN of CRESTED BUTTE DEVELOPMENT TEAM?
The employer identification number (EIN) of CRESTED BUTTE DEVELOPMENT TEAM is 47-2510914.
Is CRESTED BUTTE DEVELOPMENT TEAM tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
Are donations to CRESTED BUTTE DEVELOPMENT TEAM tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CRESTED BUTTE DEVELOPMENT TEAM file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of CRESTED BUTTE DEVELOPMENT TEAM due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CRESTED BUTTE DEVELOPMENT TEAM last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of CRESTED BUTTE DEVELOPMENT TEAM?
The 990 for the year ended December 31, 2024 names MARTIN SPENCER.
Who are the officers and directors of CRESTED BUTTE DEVELOPMENT TEAM?
The 990 for the year ended December 31, 2024 lists 6 people; 2 received compensation from the organization, the highest $34,000 (AMY NOLAN, EXEC.DIRECTO).
How much revenue does CRESTED BUTTE DEVELOPMENT TEAM have?
On its 990 for the year ended December 31, 2024 it reported revenue of $317,523, expenses of $304,242 and total assets of $83,050 at year end.

Other nonprofits in CRESTED BUTTE

All nonprofits in CRESTED BUTTE · Colorado · Youth development