Colorado Concern

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Promote common business interests of its members, including improving the business climate and the economy of the state of Colorado.

501(c)(6) business league; gifts are not tax-deductible as charitable contributions.
$652K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
The IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
The latest return is for FY2024, 2 tax years back.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $18K a year · 1% of revenue · last 5 filings
A surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Pay to officers and key staff
$652K
to officers and key staff · 28% of spending
Pay to officers and key staff is 28% of spending.
Part VII, Section A
3.8 mo
of spending, in cash
3.8 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $20K
2 funders name it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$67K
9% of total assets
Liabilities are 9% of assets.
Pt X · Ln 26
Independent board members
16
of 16 voting members
16 of 16 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$2.1M
+65% vs prior year
Spent
$2.3M
Net assets
$670K
By yearFY2020–FY2024
Revenue
$2.1M
FY2024▲ +65%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.6M
FY2021$1.3M
FY2022$1.5M
FY2023$1.3M
FY2024$2.1M
Expenses
$2.3M
FY2024▲ +78%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.5M
FY2021$1.1M
FY2022$1.6M
FY2023$1.3M
FY2024$2.3M
Net assets
$670K
FY2024▼ -25%
Tap a bar for its year
Net assets by fiscal year
FY2020$844K
FY2021$1.1M
FY2022$916K
FY2023$889K
FY2024$670K

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jul 2003.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

19 people listed on the 990; $652K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
President & CEO (as of 1/24)
$369,731Pt VII · Sec A
Chief Operating Officer
$161,816Pt VII · Sec A
President & CEO (thru 2/24)
$120,539Pt VII · Sec A
Director (thru 5/24)
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

David Davia’s $370K as President & CEO (as of 1/24) is at the 92nd percentile of top reported officer pay among 2832 $1–10M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Mike Kopp$120,539$455,356$502,060$381,151$362,924
David Davia$369,731————
Jacqueline Vanderburg$161,816$117,693$106,418——
Anneliese Steel—$108,558$105,905——

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Colorado Concern executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Improves Colorado's business climate and economy for its members.

Questions for Colorado Concern

Tap to ask. Colorado Concern sees how many people are interested.

Your first name shows with your question. Colorado Concern answers here, for everyone.

1 program · in their own filed words · FY2024
01

Promote common business interests of its members, the business climate and the economy of the state of colorado, including support of legislation and programs to accomplish this.

Pt IX · Ln 25 · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$20K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$2.1M
Ln 12
Fees for servicesLn 2g$2.1M
Investment incomeLn 3$6K
Other incomeLn 4–11$134
Money outPt IX
$2.3M
Ln 25
Owns and owesPt X
$670K
net assets · Ln 32
Cash and savingsLn 1–2$733K
Total assetsLn 16$737K
LiabilitiesLn 26$67K
PeoplePt VI, VII
19
listed · VII A
PaidVII A3
Voting boardVI 1a16
IndependentVI 1b16
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$2.1M
Investment incomeLn 3$6K
Other incomeLn 4–11$134
Total revenueLn 12$2.1M
Assets in detailPt X, end of year
CashLn 1$733K
Cash and savings togetherLn 1–2$733K
Other assetsLn 15$4K
Total assetsLn 16$737K
LiabilitiesLn 26$67K
Net assetsLn 32$670K
OperationsPt I, VI
EmployeesI 53
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$886K$733K
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$895K$737K
LiabilitiesLn 26$6K$67K
Net assetsLn 32$889K$670K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of officers and key staff (Part IX, line 5)Ln 5$684K
Other salaries and wagesLn 7$104K
Pension plan contributionsLn 8$5K
Other employee benefitsLn 9$32K
Payroll taxesLn 10$47K
Management feesLn 11a$2K
Legal feesLn 11b$15K
Accounting feesLn 11c$2K
Lobbying feesLn 11d$116K
Advertising and promotionLn 12$40K
Office expensesLn 13$29K
Information technologyLn 14$14K
OccupancyLn 16$71K
TravelLn 17$6K
Travel and entertainment for public officialsLn 18$40K
Conferences, conventions and meetingsLn 19$57K
InterestLn 20$5
InsuranceLn 23$6K
Other expenses (24a–d)Ln 24$1.1M
All other expensesLn 24e$1K
Total functional expensesLn 25$2.3M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest ViewingFiled with the IRS Nov 14, 2025 $2.1M$2.3M−$219K$670K 990 PDF
FY2023Filed with the IRS Nov 14, 2024 $1.3M$1.3M−$27K$889K 990 PDF
FY2022Filed with the IRS Nov 13, 2023 $1.5M$1.6M−$142K$916K 990 PDF
FY2021Filed with the IRS Nov 14, 2022 $1.3M$1.1M$214K$1.1M 990 PDF
FY2020Filed with the IRS Nov 11, 2021 $1.6M$1.5M$84K$844K 990 PDF

Schedules filed Part IV

A · Public support I · Grants J · Pay O · Explanations
See the full FY2024 990
Part I · Summary $2,121,475 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $1,280,000$2,115,625
I-10 Investment incomePrior year $5,409$5,716
I-11 Other revenuePrior year $876$134
I-12 Total revenuePrior year $1,286,285$2,121,475
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $775,697$871,736
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $537,434$1,468,755
I-18 Total expensesPrior year $1,313,131$2,340,491
I-19 Revenue less expensesPrior year −$26,846−$219,016
Part VI · Governance 16 of 16 board members independent, no flags
VI-1a Voting members of the governing body16
VI-1b Independent voting members16
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $2,121,475 across 4 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $2,115,625$2,115,625
VIII-3 Investment incomeExcluded from tax $5,716$5,716
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $134$134
VIII-12 Total revenueRelated to mission $2,115,625 · Unrelated business $0 · Excluded from tax $5,850$2,121,475
Part IX · Statement of functional expenses $2,340,491 across 20 lines filed
IX-5 Pay of officers and key staff (Part IX, line 5)$684,030
IX-7 Other salaries and wages$104,210
IX-8 Pension plan contributions$4,853
IX-9 Other employee benefits$31,806
IX-10 Payroll taxes$46,837
IX-11a Management fees$2,500
IX-11b Legal fees$15,434
IX-11c Accounting fees$1,782
IX-11d Lobbying fees$116,000
IX-12 Advertising and promotion$39,650
IX-13 Office expenses$29,324
IX-14 Information technology$14,013
IX-16 Occupancy$70,635
IX-17 Travel$6,092
IX-18 Travel and entertainment for public officials$39,820
IX-19 Conferences, conventions and meetings$56,598
IX-20 Interest$5
IX-23 Insurance$5,773
IX-24 Other expenses (24a–d)$1,069,833
IX-24e All other expenses$1,296
IX-25 Total functional expenses$2,340,491
Part X · Balance sheet $737,458 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $886,076$733,164
X-4 Accounts receivableStart of year $5,022$0
X-10c Land, buildings and equipment, netStart of year $0$0
X-15 Other assetsStart of year $4,294$4,294
X-16 Total assetsStart of year $895,392$737,458
X-25 Other liabilitiesStart of year $6,416$67,498
X-26 Total liabilitiesStart of year $6,416$67,498
X-27 Net assets without donor restrictionsStart of year $888,976$669,960
X-32 Total net assets or fund balancesStart of year $888,976$669,960
X-33 Total liabilities and net assetsStart of year $895,392$737,458
Part XI · Reconciliation of net assets $669,960 net assets at year end
XI-1 Total revenue$2,121,475
XI-2 Total expenses$2,340,491
XI-3 Revenue less expenses−$219,016
XI-4 Net assets at start of year$888,976
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$669,960

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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