philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Arvada Economic Development Association

Not tax-deductible

Arvada, CO501(c)(6)Since 1987EIN 84-1070053

To assist in community economic development.

100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average surplus $2K a year · 2% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
56 mo
of spending, in cash
Looks good: 56.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
13
of 13 voting members
Looks good: 13 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$260K
-1% vs prior year
Spent
$139K
To programs
100%
Net assets
$651K
By yearFY2020–FY2025
Revenue
$260K
FY2025▼ -1%
Revenue by fiscal year
FY2020$126K
FY2021$57
FY2022$252K
FY2023$7K
FY2024$263K
FY2025$260K
Expenses
$139K
FY2025▲ +19%
Expenses by fiscal year
FY2020$220K
FY2021$111K
FY2022$117K
FY2023$192K
FY2024$116K
FY2025$139K
Net assets
$651K
FY2025▲ +23%
Net assets by fiscal year
FY2020$543K
FY2021$433K
FY2022$567K
FY2023$382K
FY2024$529K
FY2025$651K

From the FY2025 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jan 1993.

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

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $139K

Form 990 Part IX, line 25. Every line is in By the numbers.

Who runs it and what they're paid

14 people listed on the 990.

Part VII, Section A · reportable compensation
Paul Duncan
President
$0Pt VII · Sec A
Mark Inboden
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
Dino Dardano
Board Member
$0Pt VII · Sec A
Kristen Bernhardt
Board Member
$0Pt VII · Sec A
Ken Fellman
Board Member
$0Pt VII · Sec A
Jeremy Gregory
Board Member
$0Pt VII · Sec A
Shelley Flood
Board Member
$0Pt VII · Sec A
See Arvada Economic Development Association executive salaries →

Are you one of these people? Claim this org to confirm your role

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 15aNo

Programs and updates

Provides revitalization grants and support to local businesses to foster community economic development.

Provided by the organization

This section is blank until Arvada Economic Development Association claims this page.

Know this organization? Claim it to add your story

1 program service account for $139K of program spending, described in the organization's own filed words · FY2025.
01

Revitalization grants to local businesses

$139Kprogram expense

Run this program? Claim this org to tell your story

Funders

Who pays for it.

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

Grants

Schedule I · this organization's grantmaking
Grants paid · 49 grants · $763K · 2020–2025
Harkins Arvada LLCFY2025$20,000
Dcp Arvada LLCFY2025$15,000
Bonfire BurritosFY2025$15,000
Orion Hot PotFY2025$15,000
7417 Grandview LLCFY2025$15,000
Smokin FinsFY2025$7,500
2 C & K LLCFY2025$7,500
Ralston Rd ShopsFY2024$15,000
Lallier ConstructionFY2024$15,000
Arvada Dental CenterFY2024$15,000
Hope House of ColoradoCO · FY2024$10,000
Smutz Smiles ProfessionalFY2024$10,000
McClaflin Real EstateFY2024$7,500
Ruder Built ConstructionFY2024$7,500
Eli Ashby Healing ArtsFY2024$5,480
The BridgeCO · FY2023$50,000
Singletrack Investment Group LLCFY2023$30,000
Olde Town Flower ShoppeFY2023$15,000
See all 49 grants →

By the numbers

The FY2025 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$260K
Ln 12
Gifts and grantsLn 1h$250K
Investment incomeLn 3$10K
Money outPt IX
$139K
Ln 25
Programscol B$139K
Owns and owesPt X
$651K
net assets · Ln 32
Cash and savingsLn 1–2$651K
Total assetsLn 16$651K
LiabilitiesLn 26$0
PeoplePt VI, VII
14
listed · VII A
PaidVII A0
Voting boardVI 1a13
IndependentVI 1b13
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$250K
Government grantsLn 1e$250K
Investment incomeLn 3$10K
Total revenueLn 12$260K
Assets in detailPt X, end of year
SavingsLn 2$651K
Cash and savings togetherLn 1–2$651K
Total assetsLn 16$651K
LiabilitiesLn 26$0
Net assetsLn 32$651K
OperationsPt I, VI
EmployeesI 50
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 FY25End FY25
Cash and savingsLn 1–2$529K$651K
Total assetsLn 16$529K$651K
LiabilitiesLn 26$0$0
Net assetsLn 32$529K$651K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$127K$127K
Other fees for servicesLn 11g$12K$12K
Total functional expensesLn 25$139K$139K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $260K$139K$122K$651K 990 PDF
FY2024 $263K$116K$147K$529K 990 PDF
FY2023 $7K$192K−$185K$382K 990 PDF
FY2022 $252K$117K$134K$567K 990 PDF
FY2021 $57$111K−$111K$433K 990 PDF
FY2020 $126K$220K−$94K$543K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (4 parts)
Part VIII · Statement of revenue $260,080 across 4 lines filed
VIII-1e Government grants$250,000
VIII-1h Total contributions, gifts and grants$250,000
VIII-3 Investment incomeExcluded from tax $10,080$10,080
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $10,080$260,080
Part IX · Statement of functional expenses $138,557 across 2 lines filed
IX-1 Grants to domestic organizationsPrograms $126,558$126,558
IX-11g Other fees for servicesPrograms $11,999$11,999
IX-25 Total functional expensesPrograms $138,557 · Management $0 · Fundraising $0$138,557
Part X · Balance sheet $650,620 assets, 6 lines filed
X-2 Savings and temporary cash investmentsStart of year $529,097$650,620
X-16 Total assetsStart of year $529,097$650,620
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $529,097$650,620
X-32 Total net assets or fund balancesStart of year $529,097$650,620
X-33 Total liabilities and net assetsStart of year $529,097$650,620
Part XI · Reconciliation of net assets $650,620 net assets at year end
XI-1 Total revenue$260,080
XI-2 Total expenses$138,557
XI-3 Revenue less expenses$121,523
XI-4 Net assets at start of year$529,097
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$650,620

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Export with similar orgs (CSV)
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.