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Nonprofit · EIN 84-1135942

WEST COMMUNITY ECONOMIC DEVELOPMENT CORPORATION

Also known as BUCU WEST DEVELOPMENT CENTER

Tax-exempt · DENVER, CO 80219

Financials

$1.8M$1.5M2023$1.5M$1.3M2024
Revenue Expenses · by fiscal year end
Financials of WEST COMMUNITY ECONOMIC DEVELOPMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,491,656$1,298,932$192,724$4,638,005$3,848,214$789,791
December 31, 2023990$1,786,734$1,493,016$293,718$3,865,410$3,268,695$596,715
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$2,072,795
of which government grants
$1,100,638
Program service revenue
$132,515
Investment income
$965
Net rental income
-$714,619
Other revenue
-$714,619

Expenses

Grants and similar amounts paid
$16,518
Compensation of officers, directors and key employees
$144,377
Salaries, compensation and benefits (total)
$1,337,782
Professional fundraising fees
$0
Accounting fees
$41,597
Occupancy
$488,396
Depreciation
$158,877
Program services (functional)
$827,820
Management and general (functional)
$366,669
Fundraising (functional)
$104,443

Balance sheet and other

Total assets, start of year
$3,865,410
Total assets, end of year
$4,638,005
Total liabilities, end of year
$3,848,214
Net assets, end of year
$789,791
Land, buildings and equipment
$3,445,700
Net assets without donor restrictions
$789,791
Gross unrelated business income
-$64,191
Gross receipts
$3,594,604
Employees
21
Volunteers
102
Year formed
1987
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 / weekCompensationOther / benefits
JOSE ESPARZAEXECUTIVE DIRECTOR
Officer
40$144,377$8,579
JERI BARAJASPRESIDENT
Trustee or director, Officer
1$0$0
AARON ELINOFFTREASURER
Trustee or director, Officer
1$0$0
NICOLE MARTINEZSECRETARY
Trustee or director, Officer
1$0$0
HIRAM LICEAMEMBER AT LARGE
Trustee or director
1$0$0
FERMIN AVILAMEMBER AT LARGE
Trustee or director
1$0$0
ERIN LAETZMEMBER AT LARGE
Trustee or director
1$0$0
NESTOR CASTILLOMEMBER AT LARGE
Trustee or director
1$0$0
STEPH FRANCESMEMBER AT LARGE
Trustee or director
1$0$0
JONATHAN STEINERMEMBER AT LARGE
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensationOther / benefits
JOSE ESPARZAEXECUTIVE DIRECTOR
Officer
40$156,908$6,175
JORGE M DE LA TORREDIR OF CULINARY ARTS
Highest-paid employee
40$125,400$3,172
ELIZABETH A MOSKOWCHIEF STRATEGY OFFICER
Highest-paid employee
40$102,005$0
JULIE CASAULTDIR OF OUTREACH & OPERATIONS
Officer
40$88,304$4,864
JERI BARAJASPRESIDENT
Trustee or director, Officer
1$0$0
AARON ELINOFFFORMER PRESIDENT
Trustee or director, Officer
1$0$0
NICOLE MARTINEZSECRETARY
Trustee or director, Officer
1$0$0
ELVIS RUBIOMEMBER AT LARGE
Trustee or director
1$0$0
HIRAM LICEAMEMBER AT LARGE
Trustee or director
1$0$0
NESTOR CASTILLOMEMBER AT LARGE
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
4200 MORRISON RD UNIT 3, DENVER, CO 80219-2490
In care of
% JERRILIE BYLSMA
Principal officer (990 for 2024)
JOSE G ESPARZA
Signed the 990
JOSE G ESPARZA, EXECUTIVE DIRECTOR
Phone
(303) 936-4302
Return prepared by
RYAN GUNSAULS & O'DONNELL LLC

Mission

SMALL BUSINESS SUPPORT, NEIGHBORHOOD REVITALIZATION, ECONOMIC DEVELOPMENT.

990 for the year ended December 31, 2024

Program accomplishments

  • SMALL BUSINESS SUPPORT, NEIGHBORHOOD REVITALIZATION, ECONOMIC DEVELOPMENT.BUCU WEST SUPPORTS OVER 300 LOCAL BUSINESSES ANNUALLY BY CREATING PATHWAYS TO OWNERSHIP FOR BIPOC, WOMEN, AND IMMIGRANT ENTREPRENEURS. THROUGH REAL ESTATE ACQUISITION, BUCU WEST MITIGATES DISPLACEMENT RISKS AND PROVIDES AFFORDABLE COMMERCIAL SPACES, ALLOWING SMALL BUSINESSES TO THRIVE AND BUILD EQUITY. THE ORGANIZATION'S KITCHEN FACILITIES ENABLE CULINARY ENTREPRENEURS TO START WITH MINIMAL INVESTMENT, WHILE BUSINESS CONSULTANTS OFFER GUIDANCE ON LICENSING AND COMPLIANCE. THIS HOLISTIC APPROACH STRENGTHENS DENVER'S ECONOMIC FABRIC, FOSTERING GENERATIONAL WEALTH AND STABILITY IN NEIGHBORHOODS AND PROMOTING LONG-TERM GROWTH AND RESILIENCE FOR UNDERSERVED COMMUNITIES.
    Expenses $827,820 · grants $16,518 · revenue $132,515

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
84-1135942
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
1991
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$4,638,005
Income (IRS master file)
$3,594,604

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,491,656$1,298,932$4,638,005XML
990-TDecember 2024–––IRS
990December 2023$1,786,734$1,493,016$3,865,410XML
990-TDecember 2023–––IRS
990December 2022$1,733,619$1,593,131$3,309,804IRS
990-TDecember 2022–––IRS
990December 2021–––IRS
990-TDecember 2021–––IRS
990December 2020–––IRS
990-TDecember 2020–––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 84-1135942).

Questions about WEST COMMUNITY ECONOMIC DEVELOPMENT CORPORATION

What is the EIN of WEST COMMUNITY ECONOMIC DEVELOPMENT CORPORATION?
The employer identification number (EIN) of WEST COMMUNITY ECONOMIC DEVELOPMENT CORPORATION is 84-1135942.
Is WEST COMMUNITY ECONOMIC DEVELOPMENT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1991.
Are donations to WEST COMMUNITY ECONOMIC DEVELOPMENT CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does WEST COMMUNITY ECONOMIC DEVELOPMENT CORPORATION 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 WEST COMMUNITY ECONOMIC DEVELOPMENT CORPORATION 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 WEST COMMUNITY ECONOMIC DEVELOPMENT CORPORATION 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 WEST COMMUNITY ECONOMIC DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2024 names JOSE G ESPARZA.
Who are the officers and directors of WEST COMMUNITY ECONOMIC DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2024 lists 10 people; 1 received compensation from the organization, the highest $144,377 (JOSE ESPARZA, EXECUTIVE DIRECTOR).
How much revenue does WEST COMMUNITY ECONOMIC DEVELOPMENT CORPORATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,491,656, expenses of $1,298,932 and total assets of $4,638,005 at year end.

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