Community Office for Resource Efficiency FY2022 filing

Tax-deductible

Aspen, CO501(c)(3)EnvironmentEIN 84-1280543Revenue $2.2M in FY2022

On file with the IRSaspencore.orgPo Box 2449, 81612-2449 · Aspen, COTax-exempt since Apr 1995Publicly supported charity — 170(b)(1)(A)(vi)

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Core helps our Community save energy through energy Efficiency and renewable energy.

501(c)(3) charity; gifts are tax-deductible.
90¢ of each $1 spent went to programs.
$135K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
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
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 5
filings with a surplus
Average deficit $208K a year · 9% of revenue · last 5 filings
Concern: a surplus in 1 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
90%
of spending
Looks good: 90% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$135K
to officers and key staff · 6% of spending
Looks good: pay to officers and key staff is 6% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
17 mo
of spending, in cash
Looks good: 17.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $200K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$700K
13% of total assets
Looks good: liabilities are 13% of assets; 50% or less.
Pt X · Ln 26
Independent board members
12
of 13 voting members
Looks good: 12 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
$2.2M
+2% vs prior year
Spent
$2.4M
To programs
90%
Net assets
$4.7M
By yearFY2020–FY2024
Revenue
$2.2M
FY2022▲ +2%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.9M
FY2021$2.1M
FY2022$2.2M
FY2023$2.5M
FY2024$3.1M
Expenses
$2.4M
FY2022▲ +27%
Tap a bar for its year
Expenses by fiscal year
FY2020$2.6M
FY2021$1.9M
FY2022$2.4M
FY2023$2.6M
FY2024$3.4M
Net assets
$4.7M
FY2022▼ -5%
Tap a bar for its year
Net assets by fiscal year
FY2020$4.8M
FY2021$5.0M
FY2022$4.7M
FY2023$5.1M
FY2024$4.9M

From the FY2022 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2022 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 Apr 1995.

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

Where the money goes

90 cents of each dollar spent went to programs.

Program services 90% · $2.2M Management & general 8% · $193K Fundraising 2% · $50K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

15 people listed on the 990; $135K paid to officers and key staff.

Part VII, Section A · reportable compensation
Interim Exec Dir Thru 07/2022
$81,000Pt VII · Sec A
Executive Director from 08/2022
$53,997Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A

John Dougherty’s $144K as Executive Director is at the 60th percentile of top reported officer pay among 1851 $1–10M environment 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
John Dougherty$144,000$61,500$81,000$20,750—
Dallas Blaney—$122,166$53,997——
Paul Treadway———$103,584—
Mona Newton———$94,568$102,627

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.

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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

Helps communities save energy and reduce emissions by providing energy efficiency programs, renewable energy solutions, and coal mine methane mitigation research.

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Provided by the organization

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3 programs · $2.2M · in their own filed words · FY2022
01

Grant Program Management

Funded from the ASPEN/PITKIN county renewable energy mitigation program (remp). Grant programs include udall new initiative, design assistance, community, and net zero home grants. Core has funded projects for municipal buildings, employee housing, schools, residential properties and commercial entities.

$1.8Mprogram expense
02

Energy Smart Program Management

Provides low-cost home energy assessments. Offers residential and commercial rebates for energy-efficiency upgrades and renewable energy projects in the roaring fork valley. Core administers rebates for the city of aspen and connects clients to rebates from their utility companies.

$373Kprogram expense
03

Income-Qualified Program

Extends to moderate income families to upgrade their homes for improved comfort, safety and energy efficiency. Income qualified residents of pitkin and eagle counties in the roaring fork valley receive free program benefits including home energy assessments, energy upgrades, and energy advising.

$22Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$200K
Grants paid · 86 grants · $3.9M · 2020–2024
Unitemized GrantFY2024$107,964
Town of Snowmass VillageFY2024$50,000
The Farm CollaborativeCO · FY2024$50,000
Aspen Skiing CompanyFY2024$40,000
Town of BasaltFY2024$32,000
Stotts MillFY2024$25,000
Aspen Mountain ResidencesFY2024$25,000
Miss Stephanies House LLCFY2024$22,500
Cottle Carr and Yaw ArchitectsFY2024$20,000
Ajax Mountain AssociatesFY2024$14,932
Unitemized GrantFY2023$118,320
Aspen Skiing CompanyCO · FY2023$100,000
Individual RecipientFY2023$60,000
City of AspenFY2023$50,000
Individual RecipientFY2023$25,000
Individual RecipientFY2023$25,000
Individual RecipientFY2023$16,853
See all 86 grants →

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$2.2M
Ln 12
Gifts and grantsLn 1h$2.0M
Fees for servicesLn 2g$158K
Investment incomeLn 3$6K
Money outPt IX
$2.4M
Ln 25
Programscol B$2.2M
Managementcol C$193K
Fundraisingcol D$50K
Owns and owesPt X
$4.7M
net assets · Ln 32
Cash and savingsLn 1–2$3.5M
Total assetsLn 16$5.4M
LiabilitiesLn 26$700K
PeoplePt VI, VII
15
listed · VII A
PaidVII A2
Voting boardVI 1a13
IndependentVI 1b12
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.0M
Government grantsLn 1e$1.3M
Fees for servicesLn 2g$158K
Investment incomeLn 3$6K
Total revenueLn 12$2.2M
Assets in detailPt X, end of year
SavingsLn 2$3.5M
Cash and savings togetherLn 1–2$3.5M
InvestmentsLn 11–13$428K
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$61K
Total assetsLn 16$5.4M
LiabilitiesLn 26$700K
Net assetsLn 32$4.7M
OperationsPt I, VI
EmployeesI 510
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 FY22End FY22
Cash and savingsLn 1–2$1.9M$3.5M
InvestmentsLn 11–13$1.3M$428K
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$5.3M$5.4M
LiabilitiesLn 26$305K$700K
Net assetsLn 32$5.0M$4.7M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$656K$656K
Grants to domestic individualsLn 2$348K$348K
Pay of current officers, directors and key staffLn 5$54K$45K$8K$1K
Other salaries and wagesLn 7$495K$415K$70K$10K
Pension plan contributionsLn 8$16K$13K$2K$320
Other employee benefitsLn 9$45K$37K$6K$882
Payroll taxesLn 10$44K$36K$6K$892
Management feesLn 11a$71K$50K$21K
Accounting feesLn 11c$69K$69K
Professional fundraising feesLn 11e$36K$36K
Other fees for servicesLn 11g$306K$306K
Advertising and promotionLn 12$117K$117K
Office expensesLn 13$25K$21K$3K$450
Information technologyLn 14$11K$9K$2K$211
OccupancyLn 16$35K$29K$5K$696
TravelLn 17$12K$12K
Conferences, conventions and meetingsLn 19$11K$11K$307$43
InsuranceLn 23$7K$6K$1K$141
Other expenses (24a–d)Ln 24$81K$81K
Total functional expensesLn 25$2.4M$2.2M$193K$50K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $3.1M$3.4M−$238K$4.9M 990 PDF
FY2023 $2.5M$2.6M−$92K$5.1M 990 PDF
FY2022 Viewing $2.2M$2.4M−$265K$4.7M 990 PDF
FY2021 $2.1M$1.9M$200K$5.0M 990 PDF
FY2020 $1.9M$2.6M−$644K$4.8M 990 PDF

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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 FY2022 990 (6 parts)
Part I · Summary $2,171,344 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,997,822$2,007,272
I-9 Program service revenuePrior year $118,367$158,368
I-10 Investment incomePrior year $5,912$5,704
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $2,122,101$2,171,344
I-13 Grants and similar amounts paidPrior year $828,223$1,003,637
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $790,670$652,864
I-16a Professional fundraising feesPrior year $0$36,028
I-17 Other expensesPrior year $303,458$744,233
I-18 Total expensesPrior year $1,922,351$2,436,762
I-19 Revenue less expensesPrior year $199,750−$265,418
Part VI · Governance 12 of 13 board members independent, no flags
VI-1a Voting members of the governing body13
VI-1b Independent voting members12
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 $2,171,344 across 6 lines filed
VIII-1e Government grants$1,262,272
VIII-1f All other contributions, gifts and grants$745,000
VIII-1h Total contributions, gifts and grants$2,007,272
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $158,368$158,368
VIII-3 Investment incomeExcluded from tax $5,704$5,704
VIII-12 Total revenueRelated to mission $158,368 · Unrelated business $0 · Excluded from tax $5,704$2,171,344
Part IX · Statement of functional expenses $2,436,762 across 19 lines filed
IX-1 Grants to domestic organizationsPrograms $656,110$656,110
IX-2 Grants to domestic individualsPrograms $347,527$347,527
IX-5 Pay of current officers, directors and key staffPrograms $45,318 · Management $7,613 · Fundraising $1,066$53,997
IX-7 Other salaries and wagesPrograms $415,196 · Management $69,749 · Fundraising $9,767$494,712
IX-8 Pension plan contributionsPrograms $13,397 · Management $2,284 · Fundraising $320$16,001
IX-9 Other employee benefitsPrograms $37,416 · Management $6,301 · Fundraising $882$44,599
IX-10 Payroll taxesPrograms $36,289 · Management $6,374 · Fundraising $892$43,555
IX-11a Management feesPrograms $50,095 · Management $20,905$71,000
IX-11c Accounting feesManagement $68,991$68,991
IX-11e Professional fundraising feesFundraising $36,028$36,028
IX-11g Other fees for servicesPrograms $305,931$305,931
IX-12 Advertising and promotionPrograms $116,610$116,610
IX-13 Office expensesPrograms $20,771 · Management $3,342 · Fundraising $450$24,563
IX-14 Information technologyPrograms $8,806 · Management $1,501 · Fundraising $211$10,518
IX-16 OccupancyPrograms $29,152 · Management $4,969 · Fundraising $696$34,817
IX-17 TravelPrograms $12,077$12,077
IX-19 Conferences, conventions and meetingsPrograms $11,035 · Management $307 · Fundraising $43$11,385
IX-23 InsurancePrograms $5,914 · Management $1,008 · Fundraising $141$7,063
IX-24 Other expenses (24a–d)Programs $81,278$81,278
IX-25 Total functional expensesPrograms $2,192,922 · Management $193,344 · Fundraising $50,496$2,436,762
Part X · Balance sheet $5,402,982 assets, 16 lines filed
X-2 Savings and temporary cash investmentsStart of year $1,915,425$3,510,435
X-3 Pledges and grants receivableStart of year $1,771,000$1,363,185
X-4 Accounts receivableStart of year $119,614$39,804
X-10c Land, buildings and equipment, netStart of year $0$0
X-11 Publicly traded securitiesStart of year $1,276,391$428,377
X-15 Other assetsStart of year $3,552$61,181
X-16 Total assetsStart of year $5,269,827$5,402,982
X-17 Accounts payable and accrued expensesStart of year $168,122$121,255
X-18 Grants payable$466,000
X-19 Deferred revenue$55,923
X-25 Other liabilitiesStart of year $3,764$56,848
X-26 Total liabilitiesStart of year $304,974$700,026
X-27 Net assets without donor restrictionsStart of year $1,534,340$1,615,701
X-28 Net assets with donor restrictionsStart of year $3,430,513$3,087,255
X-32 Total net assets or fund balancesStart of year $4,964,853$4,702,956
X-33 Total liabilities and net assetsStart of year $5,269,827$5,402,982
Part XI · Reconciliation of net assets $4,702,956 net assets at year end
XI-1 Total revenue$2,171,344
XI-2 Total expenses$2,436,762
XI-3 Revenue less expenses−$265,418
XI-4 Net assets at start of year$4,964,853
XI-5 Net unrealized gains (losses) on investments$3,521
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$4,702,956

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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