Nonprofit · EIN 84-1054192
WESTERN COLORADO BUSINESS DEVELOPMENT CORP
Tax-exempt · GRAND JCT, CO 81503
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $2,490,472 | $1,779,832 | $710,640 | $8,937,276 | $213,350 | $8,723,926 |
| December 31, 2023 | 990 | $1,810,249 | $1,549,729 | $260,520 | $8,195,084 | $181,798 | $8,013,286 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,105,431
- of which government grants
- $747,924
- Program service revenue
- $1,230,276
- Investment income
- $155,385
- Net income from fundraising events
- -$620
- Other revenue
- -$620
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $180,735
- Other salaries and wages
- $533,952
- Salaries, compensation and benefits (total)
- $911,667
- Professional fundraising fees
- $0
- Occupancy
- $216,496
- Travel
- $32,345
- Depreciation
- $69,819
- Program services (functional)
- $1,604,911
- Management and general (functional)
- $174,921
Balance sheet and other
- Total assets, start of year
- $8,195,084
- Total assets, end of year
- $8,937,276
- Total liabilities, end of year
- $213,350
- Net assets, end of year
- $8,723,926
- Land, buildings and equipment
- $536,044
- Net assets without donor restrictions
- $1,437,833
- Net assets with donor restrictions
- $7,286,093
- Gross receipts
- $2,543,569
- Employees
- 15
- Volunteers
- 32
- Year formed
- 1986
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DALIDA BOLLIG | EXECUTIVE DI Officer | 40 | $180,735 |
| NATE WALLACE | PAST CHAIR Trustee or director, Officer | 2 | $0 |
| KATHY HALL | VICE CHAIR Trustee or director, Officer | 2 | $0 |
| KIMBERLY CLEMMER | CHAIR Trustee or director, Officer | 2 | $0 |
| PHILL RAIMER | SECRETARY Trustee or director, Officer | 2 | $0 |
| KILEIGH SPERBER | TREASURER Trustee or director, Officer | 2 | $0 |
| LINDA SPENCER | BOARD MEMBER Trustee or director | 2 | $0 |
| KONRAD KRAULAND | BOARD MEMBER Trustee or director | 2 | $0 |
| KYLE SERRANO | BOARD MEMBER Trustee or director | 2 | $0 |
| JOE BURTARD | BOARD MEMBER Trustee or director | 2 | $0 |
| ANDREW GOLIKE | BOARD MEMBER Trustee or director | 2 | $0 |
| CHELSIE MIERA | BOARD MEMBER Trustee or director | 2 | $0 |
| MICHAEL SANTO | BOARD MEMBER Trustee or director | 2 | $0 |
| SONIA GUTIERREZ | BOARD MEMBER Trustee or director | 2 | $0 |
| KATIE MUNRO POWELL | BOARD MEMBER Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DALIDA BOLLIG | EXECUTIVE DI Officer | 40 | $127,360 |
| NATE WALLACE | CHAIR Trustee or director, Officer | 2 | $0 |
| KIMBERLY CLEMMER | VICE CHAIR Trustee or director, Officer | 2 | $0 |
| PHILL RAIMER | SECRETARY Trustee or director, Officer | 2 | $0 |
| KILEIGH SPERBER | TREASURER Trustee or director, Officer | 2 | $0 |
| LINDA SPENCER | BOARD MEMBER Trustee or director | 2 | $0 |
| KONRAD KRAULAND | BOARD MEMBER Trustee or director | 2 | $0 |
| KYLE SERRANO | BOARD MEMBER Trustee or director | 2 | $0 |
| KATIE MUNRO POWELL | BOARD MEMBER Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 2591 LEGACY WAY, GRAND JCT, CO 81503-1789
- In care of
- % DALIDA SASSOON BOLLIG
- Principal officer (990 for 2024)
- KIMBERLY CLEMMER, 2591 LEGACY WAY, GRAND JUNCTION, CO 81503
- Signed the 990
- DALIDA BOLLIG, EXECUTIVE DIRECTOR
- Phone
- (970) 243-5242
- Website
- WWW.GJINCUBATOR.ORG
- Return prepared by
- SORONEN DONLEY PATTERSON CPA PC
Mission
PROVIDING NEW SMALL BUSINESS START-UP ASSISTANCE, BUSINESS ASSISTANCE, CONSULTATION, AND AFFORDABLE ADMINISTRATIVE EXPENSES.
Program accomplishments
- NEW START-UP BUSINESS HELP. PROVIDES CONSULTATION, TRAINING, ASSISTANCE WITH GROWTH AND EXPANSION. PROVIDES LOW COST ASSISTANCE FOR RENT, ADMINISTRATION, ETC DURING THE EARLY YEARS OF THEIR START-UP.Expenses $1,188,098
- REVOLVING LOAN PROGRAM MAKES LOANS TO QUALIFIED BUSINESSES FOR THE PURPOSES OF EXPANSION, START-UP, AND KEEPING JOBS LOCAL.Expenses $416,813
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 84-1054192
- 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
- 1998
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S300)
- Assets (IRS master file)
- $8,937,276
- Income (IRS master file)
- $2,543,569
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $2,490,472 | $1,779,832 | $8,937,276 | XML |
| 990 | December 2023 | $1,810,249 | $1,549,729 | $8,195,084 | XML |
| 990 | December 2022 | $2,298,721 | $1,413,450 | $7,982,323 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 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 84-1054192).
Questions about WESTERN COLORADO BUSINESS DEVELOPMENT CORP
- What is the EIN of WESTERN COLORADO BUSINESS DEVELOPMENT CORP?
- The employer identification number (EIN) of WESTERN COLORADO BUSINESS DEVELOPMENT CORP is 84-1054192.
- Is WESTERN COLORADO BUSINESS DEVELOPMENT CORP tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
- Are donations to WESTERN COLORADO BUSINESS DEVELOPMENT CORP tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does WESTERN COLORADO BUSINESS DEVELOPMENT CORP 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 WESTERN COLORADO BUSINESS DEVELOPMENT CORP 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 WESTERN COLORADO BUSINESS DEVELOPMENT CORP 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 WESTERN COLORADO BUSINESS DEVELOPMENT CORP?
- The 990 for the year ended December 31, 2024 names KIMBERLY CLEMMER.
- Who are the officers and directors of WESTERN COLORADO BUSINESS DEVELOPMENT CORP?
- The 990 for the year ended December 31, 2024 lists 15 people; 1 received compensation from the organization, the highest $180,735 (DALIDA BOLLIG, EXECUTIVE DI).
- How much revenue does WESTERN COLORADO BUSINESS DEVELOPMENT CORP have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $2,490,472, expenses of $1,779,832 and total assets of $8,937,276 at year end.
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All nonprofits in GRAND JCT · Colorado · Community improvement and capacity building