Nonprofit · EIN 87-2222357
DENVER CULTURAL PROPERTY TRUST
Tax-exempt · DENVER, CO 80202
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $534,959 | $648,060 | -$113,101 | $9,841,449 | $10,805,352 | -$963,903 |
| December 31, 2023 | 990 | $435,814 | $712,796 | -$276,982 | $7,849,223 | $8,700,025 | -$850,802 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $464,003
- Investment income
- $0
- Other revenue
- $70,956
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $2,131
- Accounting fees
- $2,582
- Depreciation
- $215,754
- Program services (functional)
- $648,060
Balance sheet and other
- Total assets, start of year
- $7,849,223
- Total assets, end of year
- $9,841,449
- Total liabilities, end of year
- $10,805,352
- Net assets, end of year
- -$963,903
- Land, buildings and equipment
- $6,509,338
- Gross receipts
- $534,959
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2021
- 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 |
|---|---|---|---|
| KARL KISTER | CHAIRPERSON & PRESIDENT Trustee or director, Officer | 1 | $0 |
| AMANDA PRECOURT | TREASURER Trustee or director, Officer | 1 | $0 |
| MALIK ROBINSON | SECRETARY Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARK G FALCONE | PRESIDENT Trustee or director, Officer | 1 | $0 |
| MARK HELLER | TREASURER Trustee or director, Officer | 1 | $0 |
| HAROUN COWANS | SECRETARY Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 1881 16TH ST STE 500, DENVER, CO 80202-6475
- Principal officer (990 for 2024)
- KARL KISTER, 1881 16TH STREET SUITE 500, DENVER, CO 80202
- Signed the 990
- KARL KISTER, PRESIDENT
- Phone
- (720) 946-4672
- Return prepared by
- DIMARCO ABIUSI & PASCARELLA PC
Mission
THE DENVER CULTURAL PROPERTY TRUST WAS FOUNDED TO DEVELOP MORE EQUITABLE HOUSING SOLUTIONS FOR THE LOCAL CULTURAL COMMUNITY. IT IS A NOT-FOR-PROFIT THAT INVESTS IN STRATEGICALLY LOCATED RESIDENCES AND ENTERPRISE SPACES TO ENSURE AFFORDABLE, LONG-TERM RENT STABLE OPPORTUNITIES FOR THE CITY'S CREATIVE WORKFORCES AND THE ORGANIZATIONS THAT SUPPORT THEM. THE TRUST IS DESIGNED TO PURCHASE KEY PROPERTIES IN ORDER TO STEWARD THEM ON AN AFFORDABLE, RENT-STABLE BASIS IN PERPETUITY.
Program accomplishments
- RENTAL OF AFFORDABLE HOUSING AND ENTERPRISE SPACE.Expenses $648,060 · revenue $534,959
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
- 87-2222357
- 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
- 2022
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S19)
- Assets (IRS master file)
- $9,841,449
- Income (IRS master file)
- $534,959
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $534,959 | $648,060 | $9,841,449 | XML |
| 990 | December 2023 | $435,814 | $712,796 | $7,849,223 | XML |
| 990 | December 2022 | $341,188 | $642,453 | $7,827,060 | IRS |
| 990 | December 2021 | – | – | – | 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 87-2222357).
Questions about DENVER CULTURAL PROPERTY TRUST
- What is the EIN of DENVER CULTURAL PROPERTY TRUST?
- The employer identification number (EIN) of DENVER CULTURAL PROPERTY TRUST is 87-2222357.
- Is DENVER CULTURAL PROPERTY TRUST tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to DENVER CULTURAL PROPERTY TRUST tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does DENVER CULTURAL PROPERTY TRUST 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 DENVER CULTURAL PROPERTY TRUST 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 DENVER CULTURAL PROPERTY TRUST 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 DENVER CULTURAL PROPERTY TRUST?
- The 990 for the year ended December 31, 2024 names KARL KISTER.
- Who are the officers and directors of DENVER CULTURAL PROPERTY TRUST?
- The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does DENVER CULTURAL PROPERTY TRUST have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $534,959, expenses of $648,060 and total assets of $9,841,449 at year end.
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All nonprofits in DENVER · Colorado · Community improvement and capacity building