Nonprofit · EIN 84-0837398
COLORADO ENTERPRISE FUND INC
Tax-exempt · DENVER, CO 80203
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $12,460,528 | $11,606,580 | $853,948 | $80,686,947 | $34,111,427 | $46,575,520 |
| September 30, 2024 | 990 | $24,012,822 | $13,173,847 | $10,838,975 | $78,725,779 | $33,521,585 | $45,204,194 |
| September 30, 2023 | 990 | $18,269,112 | $10,805,892 | $7,463,220 | $70,114,897 | $35,749,678 | $34,365,219 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $3,683,564
- of which government grants
- $3,122,441
- Program service revenue
- $7,460,092
- Investment income
- $1,301,934
- Net gain from sales of assets
- -$1,390
- Other revenue
- $14,938
Expenses
- Grants and similar amounts paid
- $413,701
- Compensation of officers, directors and key employees
- $1,017,482
- Other salaries and wages
- $3,784,628
- Salaries, compensation and benefits (total)
- $5,709,277
- Professional fundraising fees
- $0
- Legal fees
- $124,206
- Occupancy
- $193,631
- Travel
- $80,920
- Depreciation
- $64,562
- Program services (functional)
- $8,858,146
- Management and general (functional)
- $2,499,516
- Fundraising (functional)
- $248,918
Balance sheet and other
- Total assets, start of year
- $78,725,779
- Total assets, end of year
- $80,686,947
- Total liabilities, end of year
- $34,111,427
- Net assets, end of year
- $46,575,520
- Land, buildings and equipment
- $115,999
- Publicly traded securities
- $13,031,898
- Net assets without donor restrictions
- $46,246,157
- Net assets with donor restrictions
- $329,363
- Gross receipts
- $12,461,918
- Employees
- 48
- Volunteers
- 15
- Year formed
- 1976
- 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 September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CECILIA PRINSTER | PRESIDENT AN Officer | 40 | $385,597 | $14,413 |
| NIM PATEL | COO Officer | 40 | $310,786 | $12,440 |
| LUKE ANDERSON | CFO Officer | 40 | $201,821 | $18,511 |
| LEWIS HAGLER | DIR BUSINESS Highest-paid employee | 40 | $143,621 | $13,734 |
| ALAN RAMIREZ | DIR OF STRAT Highest-paid employee | 40 | $125,389 | $27,621 |
| JEREMY DUNN | CONTROLLER Highest-paid employee | 40 | $130,184 | $13,293 |
| JAIONE AXPE | DIR OF BUS O Highest-paid employee | 40 | $114,384 | $23,504 |
| DAWN AKERS | DIR OF DATA Highest-paid employee | 40 | $116,714 | $13,203 |
| PAUL BUNYARD | CHAIR & TREA Trustee or director, Officer | 2 | $0 | $0 |
| SEAN KOUTSAKIS | V CHAIR & AS Trustee or director, Officer | 2 | $0 | $0 |
| NICK ANDERSON | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| IZZY ABBASS | DIRECTOR THR Trustee or director | 2 | $0 | $0 |
| SIMONE ROSS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| KYLE FRAZER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| LAURA BLOMQUIST-RODRIGUEZ | DIRECTOR Trustee or director | 2 | $0 | $0 |
6 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MELISSA BUCK | DIRECTOR Trustee or director | 2 | $0 |
| NATRIECE BRYANT | DIRECTOR Trustee or director | 2 | $0 |
| JOSH GRIFF | DIRECTOR Trustee or director | 2 | $0 |
| KATE HORLE | DIRECTOR Trustee or director | 2 | $0 |
| ZANETA KELSEY | DIRECTOR Trustee or director | 2 | $0 |
| SHANNON WARD | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended September 30, 2024: 21 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CECILIA PRINSTER | PRESIDENT AN Officer | 40 | $376,073 | $12,747 |
| NIM PATEL | COO Officer | 40 | $275,244 | $9,368 |
| LEWIS HAGLER | DIR BUSINESS Highest-paid employee | 40 | $133,829 | $14,058 |
| JAIONE AXPE | DIR OF BUS O Highest-paid employee | 40 | $118,209 | $16,950 |
| ALAN RAMIREZ | DIR OF STRAT Highest-paid employee | 40 | $114,556 | $20,549 |
| DAWN AKERS | DIR OF DATA Highest-paid employee | 40 | $114,342 | $11,636 |
| KELLY GREEN | DIR OF MARKT Highest-paid employee | 40 | $108,741 | $3,972 |
| DAVE MESKO | CFO THRU 5/2 Officer | 40 | $92,236 | $4,071 |
| LUKE ANDERSON | CFO Officer | 40 | $20,137 | $1,127 |
| PAUL BUNYARD | CHAIR & TREA Trustee or director, Officer | 2 | $0 | $0 |
| BRIAN PEAGLER | V CHAIR & AS Trustee or director, Officer | 2 | $0 | $0 |
| ANDREW RUBIN | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| IZZY ABBASS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MIZRAIM CORDERO | DIRECTOR Trustee or director | 2 | $0 | $0 |
| SIMONE ROSS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| KYLE FRAZER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| SEAN KOUTSAKIS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| LIDDY ROMERO | DIRECTOR Trustee or director | 2 | $0 | $0 |
| NICK ANDERSON | DIRECTOR Trustee or director | 2 | $0 | $0 |
| LAURA BLOMQUIST-RODRIGUEZ | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MELISSA BUCK | DIRECTOR Trustee or director | 2 | $0 | $0 |
990 for the year ended September 30, 2023: 18 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CECILIA PRINSTER | PRESIDENT AN Officer | 40 | $183,019 | $8,017 |
| NIM PATEL | INTERIM CFO Officer | 40 | $170,744 | $0 |
| TINA ROBINSON | DIR OF FIN T Highest-paid employee | 40 | $123,034 | $15,024 |
| ALAN RAMIREZ | DIR OF STRAT Highest-paid employee | 40 | $111,656 | $18,992 |
| LEWIS HAGLER | DIR BUSINESS Highest-paid employee | 40 | $121,471 | $4,137 |
| CARRIE HANSON | DIR OF DEVEL Highest-paid employee | 40 | $108,701 | $15,656 |
| DAVE MESKO | CFO & CAO TH Officer | 40 | $109,027 | $4,904 |
| BRIAN PEAGLER | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| ANDREW RUBIN | V CHAIR, SEC Trustee or director, Officer | 2 | $0 | $0 |
| PAUL BUNYARD | TREASURER, A Trustee or director, Officer | 2 | $0 | $0 |
| IZZY ABBASS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ED BRISCOE | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MIZRAIM CORDERO | DIRECTOR Trustee or director | 2 | $0 | $0 |
| SUSAN GRAF | DIRECTOR Trustee or director | 2 | $0 | $0 |
| SIMONE ROSS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| KYLE FRAZER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| SEAN KOUTSAKIS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| LIDDY ROMERO | DIRECTOR Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1888 N SHERMAN ST STE 530, DENVER, CO 80203-1163
- In care of
- % C PRINSTER
- Principal officer (990 for 2024)
- CECILIA PRINSTER, 1888 SHERMAN STREET SUITE 530, DENVER, CO 80203
- Signed the 990
- LUKE ANDERSON, CFO
- Phone
- (303) 860-0242
- Return prepared by
- KUNDINGER CORDER & MONTOYA PC
Mission
TO ACCELERATE COMMUNITY PROSPERITY BY FINANCING AND SUPPORTING ENTREPRENEURS AND SMALL BUSINESSES.
Program accomplishments
- 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.Expenses $6,824,445 · revenue $3,851,352
- CEF PARTICIPATES IN NEW MARKETS TAX CREDIT (NMTC) PROJECTS BY PROVIDING PROGRAMMATIC AND ADMINISTRATIVE SERVICES TO PROJECT ENTITIES. CEF'S REVENUE FROM NMTC PROJECTS CONSISTS PRIMARILY OF PROGRAM FEES AND CLOSING FEES, WHICH ARE CONTRACTUALLY SPECIFIED AND PAID BY THE PROJECT ENTITIES IN EXCHANGE FOR SERVICES RENDERED, AND THE EXPENSES CONSIST OF CLOSING FEES PAID TO A SPECIALIZED CONSULTING AGENCY THAT ASSISTS WITH THE FACILITATION AND CLOSING OF NMTC PROJECTS.Expenses $1,620,000 · revenue $3,608,740
- DURING 2025 AND 2024, CEF CONTINUED TO PARTICIPATE IN PROGRAMS TO ADMINISTER GRANTS TO 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). BECAUSE OF CEF'S INVOLVEMENT IN GRANTMAKING ACTIVITIES FOR THESE PROGRAMS, GRANT REVENUE AND GRANT EXPENSES ARE REPORTED IN THE STATEMENTS OF ACTIVITIES.Expenses $413,701 · grants $413,701
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 September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990 on file |
IRS record
- EIN
- 84-0837398
- 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
- 1982
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S31Z)
- Assets (IRS master file)
- $80,686,947
- Income (IRS master file)
- $12,461,918
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $12,460,528 | $11,606,580 | $80,686,947 | XML |
| 990 | September 2024 | $24,012,822 | $13,173,847 | $78,725,779 | XML |
| 990 | September 2023 | $18,269,112 | $10,805,892 | $70,114,897 | XML |
| 990 | September 2022 | $16,879,154 | $10,206,734 | $67,369,528 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 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 84-0837398).
Questions about COLORADO ENTERPRISE FUND INC
- What is the EIN of COLORADO ENTERPRISE FUND INC?
- The employer identification number (EIN) of COLORADO ENTERPRISE FUND INC is 84-0837398.
- Is COLORADO ENTERPRISE FUND INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1982.
- Are donations to COLORADO ENTERPRISE FUND INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does COLORADO ENTERPRISE FUND INC 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 COLORADO ENTERPRISE FUND INC due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did COLORADO ENTERPRISE FUND INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of COLORADO ENTERPRISE FUND INC?
- The 990 for the year ended September 30, 2025 names CECILIA PRINSTER.
- Who are the officers and directors of COLORADO ENTERPRISE FUND INC?
- The 990 for the year ended September 30, 2025 lists 21 people; 8 received compensation from the organization, the highest $385,597 (CECILIA PRINSTER, PRESIDENT AN).
- How much revenue does COLORADO ENTERPRISE FUND INC have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $12,460,528, expenses of $11,606,580 and total assets of $80,686,947 at year end.
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