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Nonprofit · EIN 84-0797208

COMMUNITY ECONOMIC DEVELOPMENT COMPANY OF COLORADO

Tax-exempt · DENVER, CO 80204

Financials

$282K$270K2023$337K$327K2024
Revenue Expenses · by fiscal year end
Financials of COMMUNITY ECONOMIC DEVELOPMENT COMPANY OF COLORADO by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$337,440$327,193$10,247$187,641$160,680$26,961
December 31, 2023990$281,721$270,076$11,645$39,214$22,500$16,714
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$333,224
Investment income
$4,216
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$75,650
Other salaries and wages
$60,610
Salaries, compensation and benefits (total)
$158,047
Professional fundraising fees
$0
Legal fees
$4,450
Occupancy
$27,223
Depreciation
$240
Program services (functional)
$277,397
Management and general (functional)
$49,796

Balance sheet and other

Total assets, start of year
$39,214
Total assets, end of year
$187,641
Total liabilities, end of year
$160,680
Net assets, end of year
$26,961
Land, buildings and equipment
$103
Net assets without donor restrictions
$26,961
Gross receipts
$337,440
Employees
2
Year formed
1978
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
BILL BACONBoard Member
Trustee or director
0$0
SHERRY CULLINSPresident
Trustee or director, Officer
40$0
CHUCK MUELLERBOARD MEMBER
Trustee or director
0$0
NANCY SHEABOARD MEMBER
Trustee or director
0$0
SALLY DIGNANBOARD MEMBER
Trustee or director
0$0
MICHAEL DOWLINGBOARD MEMBER
Trustee or director
0$0
TERESA PIROQUEBOARD MEMBER
Trustee or director
0$0
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
BILL BACONBoard Member
Trustee or director
0$0
SHERRY CULLINSPresident
Trustee or director, Officer
40$0
CHUCK MUELLERBOARD MEMBER
Trustee or director
0$0
NANCY SHEABOARD MEMBER
Trustee or director
0$0
SALLY DIGNANBOARD MEMBER
Trustee or director
0$0
MICHAEL DOWLINGBOARD MEMBER
Trustee or director
0$0
TERESA PIROQUEBOARD MEMBER
Trustee or director
0$0

Address and contacts

Address (IRS master file)
800 W 8TH AVE STE 103, DENVER, CO 80204-4332
Signed the 990
SHERRY CULLINS, President
Phone
(303) 893-8989
Return prepared by
Cahill & Associates PC

Mission

FACILITATE ECONOMIC DEVELOPMENT THROUGH SMALL BUSINESS ADMINISTRATION 504 LOAN PROGRAM

990 for the year ended December 31, 2024

Program accomplishments

  • PROMOTE ECONOMIC DEVELOPMENT BY EDUCATING AVAILABILITY OF SBA 504 LOAN PROGRAM, ACCUMULATION OF DATA TO ASSIST LOAN APPLICANTS, CLOSE LOANS AND SERVICE APPROVED AND EXISTING LOANS.
    Expenses $277,397

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
84-0797208
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1983
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$187,641
Income (IRS master file)
$337,440

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$337,440$327,193$187,641IRS
990December 2023$281,721$270,076$39,214XML
990-EZDecember 2022–––IRS
990December 2021$238,679$324,954$44,442IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 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 (search EIN 84-0797208).

Questions about COMMUNITY ECONOMIC DEVELOPMENT COMPANY OF COLORADO

What is the EIN of COMMUNITY ECONOMIC DEVELOPMENT COMPANY OF COLORADO?
The employer identification number (EIN) of COMMUNITY ECONOMIC DEVELOPMENT COMPANY OF COLORADO is 84-0797208.
Is COMMUNITY ECONOMIC DEVELOPMENT COMPANY OF COLORADO tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1983.
Are donations to COMMUNITY ECONOMIC DEVELOPMENT COMPANY OF COLORADO tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does COMMUNITY ECONOMIC DEVELOPMENT COMPANY OF COLORADO 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 COMMUNITY ECONOMIC DEVELOPMENT COMPANY OF COLORADO 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 COMMUNITY ECONOMIC DEVELOPMENT COMPANY OF COLORADO last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who are the officers and directors of COMMUNITY ECONOMIC DEVELOPMENT COMPANY OF COLORADO?
The 990 for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
How much revenue does COMMUNITY ECONOMIC DEVELOPMENT COMPANY OF COLORADO have?
On its 990 for the year ended December 31, 2024 it reported revenue of $337,440, expenses of $327,193 and total assets of $187,641 at year end.

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