Colorado Concern FY2020 filing

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

Form 990 Part I, line 1, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 68-0534523) · Dispute this line
501(c)(6) business league; gifts are not tax-deductible as charitable contributions.
$363K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Pay: Part VII

Before you give

FY2020 · 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
$363K
to officers and key staff · 24% of spending
Pay to officers and key staff is 24% of spending.
Part VII, Section A
6.6 mo
of spending, in cash
6.6 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
$7K
0.9% of total assets
Liabilities are 0.9% of assets.
Pt X · Ln 26
Independent board members
15
of 15 voting members
15 of 15 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$1.6M
Spent
$1.5M
Net assets
$844K
By yearFY2020–FY2024
Revenue
$1.6M
FY2020
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
$1.5M
FY2020
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
$844K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$844K
FY2021$1.1M
FY2022$916K
FY2023$889K
FY2024$670K

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

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

16 people listed on the 990; $363K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
President & CEO
$362,924Pt VII · Sec A
Chairman
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$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 · FY2020
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.

Form 990 Part III, line 4, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 68-0534523) · Dispute this line
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 FY2020 990, line by line.

1The main four
Money inPt VIII
$1.6M
Ln 12
Fees for servicesLn 2g$1.6M
Other incomeLn 4–11$849
Investment incomeLn 3$80
Money outPt IX
$1.5M
Ln 25
Owns and owesPt X
$844K
net assets · Ln 32
Cash and savingsLn 1–2$844K
Total assetsLn 16$851K
LiabilitiesLn 26$7K
PeoplePt VI, VII
16
listed · VII A
PaidVII A1
Voting boardVI 1a15
IndependentVI 1b15
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$1.6M
Investment incomeLn 3$80
Other incomeLn 4–11$849
Total revenueLn 12$1.6M
Assets in detailPt X, end of year
CashLn 1$844K
Cash and savings togetherLn 1–2$844K
Accounts receivableLn 4$3K
Land, buildings, equipmentLn 10c$222
Other assetsLn 15$4K
Total assetsLn 16$851K
LiabilitiesLn 26$7K
Net assetsLn 32$844K
OperationsPt I, VI
EmployeesI 53
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$756K$844K
Land, buildings, equipmentLn 10c$536$222
Total assetsLn 16$761K$851K
LiabilitiesLn 26$366$7K
Net assetsLn 32$760K$844K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of officers and key staff (Part IX, line 5)Ln 5$381K
Other salaries and wagesLn 7$151K
Pension plan contributionsLn 8$8K
Other employee benefitsLn 9$23K
Payroll taxesLn 10$27K
Management feesLn 11a$3K
Legal feesLn 11b$115
Lobbying feesLn 11d$71K
Advertising and promotionLn 12$12K
Office expensesLn 13$23K
Information technologyLn 14$10K
OccupancyLn 16$42K
TravelLn 17$3K
Travel and entertainment for public officialsLn 18$17K
Conferences, conventions and meetingsLn 19$27K
InterestLn 20$38
Depreciation, depletion and amortizationLn 22$314
InsuranceLn 23$4K
Other expenses (24a–d)Ln 24$727K
Total functional expensesLn 25$1.5M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 LatestFiled 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
FY2020 ViewingFiled 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 FY2020 990
Part I · Summary $1,612,681 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $1,223,500$1,611,752
I-10 Investment incomePrior year $277$80
I-11 Other revenuePrior year $937$849
I-12 Total revenuePrior year $1,224,714$1,612,681
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 $515,352$588,669
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $606,512$940,476
I-18 Total expensesPrior year $1,121,864$1,529,145
I-19 Revenue less expensesPrior year $102,850$83,536
Part VI · Governance 15 of 15 board members independent, 3 to look at
VI-1a Voting members of the governing body15
VI-1b Independent voting members15
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,612,681 across 4 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,611,752$1,611,752
VIII-3 Investment incomeExcluded from tax $80$80
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $849$849
VIII-12 Total revenueRelated to mission $1,611,752 · Unrelated business $0 · Excluded from tax $929$1,612,681
Part IX · Statement of functional expenses $1,529,145 across 19 lines filed
IX-5 Pay of officers and key staff (Part IX, line 5)$380,923
IX-7 Other salaries and wages$150,920
IX-8 Pension plan contributions$7,546
IX-9 Other employee benefits$22,539
IX-10 Payroll taxes$26,741
IX-11a Management fees$3,250
IX-11b Legal fees$115
IX-11d Lobbying fees$71,000
IX-12 Advertising and promotion$12,046
IX-13 Office expenses$23,190
IX-14 Information technology$9,931
IX-16 Occupancy$41,931
IX-17 Travel$2,968
IX-18 Travel and entertainment for public officials$16,616
IX-19 Conferences, conventions and meetings$27,323
IX-20 Interest$38
IX-22 Depreciation, depletion and amortization$314
IX-23 Insurance$4,299
IX-24 Other expenses (24a–d)$727,455
IX-25 Total functional expenses$1,529,145
Part X · Balance sheet $851,247 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $755,757$843,729
X-4 Accounts receivable$3,002
X-9 Prepaid expenses and deferred chargesStart of year $180$0
X-10c Land, buildings and equipment, netStart of year $536$222
X-15 Other assetsStart of year $4,294$4,294
X-16 Total assetsStart of year $760,767$851,247
X-25 Other liabilitiesStart of year $366$7,310
X-26 Total liabilitiesStart of year $366$7,310
X-27 Net assets without donor restrictionsStart of year $760,401$843,937
X-32 Total net assets or fund balancesStart of year $760,401$843,937
X-33 Total liabilities and net assetsStart of year $760,767$851,247
Part XI · Reconciliation of net assets $843,937 net assets at year end
XI-1 Total revenue$1,612,681
XI-2 Total expenses$1,529,145
XI-3 Revenue less expenses$83,536
XI-4 Net assets at start of year$760,401
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$843,937

Form 990 e-file FY2020 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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