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
22 people listed on the 990; $714K paid to officers and key staff (Part VII, Section 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
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| 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
Your first name shows with your question. Colorado Concern answers here, for everyone.
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, FY2022. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 68-0534523) · Dispute this lineFunders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2022 990, line by line.
Download 990
| Line | Start FY22 | End FY22 |
|---|---|---|
| Cash and savingsLn 1–2 | $1.1M | $917K |
| Land, buildings, equipmentLn 10c | $60 | $0 |
| Total assetsLn 16 | $1.1M | $921K |
| LiabilitiesLn 26 | $13K | $6K |
| Net assetsLn 32 | $1.1M | $916K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of officers and key staff (Part IX, line 5)Ln 5 | $634K | |||
| Other salaries and wagesLn 7 | $106K | |||
| Pension plan contributionsLn 8 | $5K | |||
| Other employee benefitsLn 9 | $32K | |||
| Payroll taxesLn 10 | $34K | |||
| Management feesLn 11a | $3K | |||
| Accounting feesLn 11c | $12K | |||
| Lobbying feesLn 11d | $36K | |||
| Advertising and promotionLn 12 | $5K | |||
| Office expensesLn 13 | $15K | |||
| Information technologyLn 14 | $10K | |||
| OccupancyLn 16 | $56K | |||
| TravelLn 17 | $1K | |||
| Travel and entertainment for public officialsLn 18 | $19K | |||
| Conferences, conventions and meetingsLn 19 | $24K | |||
| Depreciation, depletion and amortizationLn 22 | $61 | |||
| InsuranceLn 23 | $5K | |||
| Other expenses (24a–d)Ln 24 | $598K | |||
| All other expensesLn 24e | $213 | |||
| Total functional expensesLn 25 | $1.6M |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| 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 |
| FY2022 ViewingFiled 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
See the full FY2022 990
Part I · Summary $1,453,546 revenue, 12 lines filed
Part VI · Governance 19 of 19 board members independent, 3 to look at
Part VIII · Statement of revenue $1,453,546 across 4 lines filed
Part IX · Statement of functional expenses $1,595,545 across 19 lines filed
Part X · Balance sheet $921,347 assets, 9 lines filed
Part XI · Reconciliation of net assets $915,822 net assets at year end
Form 990 e-file FY2022 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File
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