Civic Intelligence

Bessemer Historical Society

EIN 31-1714170 • 501(c)3 • Pueblo, CO

Profile

The Bessemer Historical Society provides education to the public through the preservation of the historical archives, artifacts and buildings of the Colorado Fuel and Iron Company CFI. BHS collects, preserves, interprets and exhibits the collections of the steel and mining industry, the Bessemer neighborhood and the industrial American West.

Refreshing map…

215 Canal StPueblo, CO 81004

www.steelworkscenter.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

32nd percentile

0.01x

Higher debt load relative to assets than 32% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

57th percentile

0.12x

Higher debt load relative to revenue than 57% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

7th percentile

-43%

Higher net margin than 7% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

61st percentile

$86,409

Higher top officer pay than 61% of similar nonprofits.

Top officer pay equals 26.0% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

30th percentile

-2.7%

Faster asset growth than 30% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

54th percentile

9.7%

Faster revenue growth than 54% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$4,075,730

Down $190,244 (-4.5%) from 2022

Liabilities

Up

$38,795

Up $21,740 (+127%) from 2022

Net Assets

Down

$4,036,935

Down $211,984 (-5.0%) from 2022

Revenue

Up

$332,515

Up $14,890 (+4.7%) from 2022

Expenses

Down

$476,663

Down $14,868 (-3.0%) from 2022

Net Income

Up

-$144,148

Up $29,758 (+17%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$6.0M$4.0M$2.0M$0Assets 2014: $4,650,214Liabilities 2014: $112,503Net Assets 2014: $4,537,7112014Assets 2015: $4,647,709Liabilities 2015: $80,141Net Assets 2015: $4,567,5682015Assets 2016: $4,641,167Liabilities 2016: $147,719Net Assets 2016: $4,493,4482016Assets 2019: $4,394,725Liabilities 2019: $16,114Net Assets 2019: $4,378,6112019Assets 2020: $4,392,356Liabilities 2020: $53,397Net Assets 2020: $4,338,9592020Assets 2021: $4,502,896Liabilities 2021: $28,741Net Assets 2021: $4,474,1552021Assets 2022: $4,265,974Liabilities 2022: $17,055Net Assets 2022: $4,248,9192022Assets 2024: $4,075,730Liabilities 2024: $38,795Net Assets 2024: $4,036,9352024

Highlighted filing

2024

Assets$4,075,730
Liabilities$38,795
Net Assets$4,036,935

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KRevenue 2014: $314,358Expenses 2014: $404,525Net Income 2014: -$90,1672014Revenue 2015: $407,484Expenses 2015: $377,627Net Income 2015: $29,8572015Revenue 2016: $336,634Expenses 2016: $410,754Net Income 2016: -$74,1202016Revenue 2019: $349,921Expenses 2019: $454,408Net Income 2019: -$104,4872019Revenue 2020: $395,611Expenses 2020: $475,351Net Income 2020: -$79,7402020Revenue 2021: $641,474Expenses 2021: $535,299Net Income 2021: $106,1752021Revenue 2022: $317,625Expenses 2022: $491,531Net Income 2022: -$173,9062022Revenue 2024: $332,515Expenses 2024: $476,663Net Income 2024: -$144,1482024

Highlighted filing

2024

Revenue$332,515
Expenses$476,663
Net Income-$144,148

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 30, 2025
Return Version
2024v5.2
Gross Receipts
$433,874
Mission and Program Overview

Mission

The Bessemer Historical Society provides education to the public through the preservation of the historical archives, artifacts and buildings of the Colorado Fuel and Iron Company CFI. BHS collects, preserves, interprets and exhibits the collections of the steel and mining industry, the Bessemer neighborhood and the industrial American West.

PROVIDES CONTINUING EDUCATION TO THE PUBLIC THROUGH THE PRESERVATION OF HISTORIC ACHIVES, ARTIFACTS BUILDINGS OF THE COLORADO FUEL AND IRON COMPANY (CF & I), (See SCH-O)

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,679,881$3,546,736▼ $133,145
Investments in Publicly Traded Securities$349,902$403,447▲ $53,545
Cash and Non-Interest-Bearing Accounts$126,289$76,108▼ $50,181
Accounts Receivable$21,574$39,309▲ $17,735
Prepaid Expenses and Deferred Charges$3,813$4,424▲ $611
Inventories for Sale or Use$5,151$3,289▼ $1,862
Pledges and Grants Receivable$3,251$2,417▼ $834
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Intangible Assets$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$4,189,861$4,075,730▼ $114,131
Other Assets Total$0$0→ $0
Liabilities
Deferred Revenue$25,210$21,320▼ $3,890
Accounts Payable and Accrued Expenses$32,747$17,475▼ $15,272
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$57,957$38,795▼ $19,162
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,850,474$3,718,050▼ $132,424
Net Assets With Donor Restrictions$281,430$318,885▲ $37,455
Total Net Assets Fund Balance$4,131,904$4,036,935▼ $94,969
Total Liabilities and Net Assets / Fund Balance$4,189,861$4,075,730▼ $114,131

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,529,994$2,007,833$5,537,827
Equipment$16,742$174,694$191,436
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Christina TrujilloExecutive DirectorFT$69,198$17,211$86,409

Board Members and Trustees

NameTitle
Kathrine ThomsonPresident
Leaha ZinantiVice President
Chris CJ WalserBoard Member
Edie De La TorieBoard Member
Erik F WalserBoard Member
Jennifer JacoBoard Member
Michael OrazemBoard Member
Nathan CapeBoard Member
Patrick V JonesBoard Member
Terry HartBoard Member
Louis NazarioSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$149,108
Program Service Revenue
$13,590
Investment Income
$4,369
Other Revenue
$165,448
All Other Contributions
$52,982
Change in Net Assets
$-144,148

Audited Revenue Reconciliation

Revenue per Audited Statements
$332,515
Revenue Not Reported on Form 990
$126,150
Total Revenue per Audited Statements
$458,665
Total Revenue per Form 990
$332,515
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$296,879
Salaries, Compensation, and Employee Benefits$179,784
Total Fundraising Expense$40,272
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$146,911$2,998-$149,909
Current Officers, Directors, Trustees, and Key Employees$30,335$37,598$18,476$86,409
Other Salaries and Wages$24,065$29,826$14,657$68,548
Insurance$30,379$15,189-$45,568
Occupancy$18,060$12,064-$30,124
Fees for Services Accounting-$22,311-$22,311
Office Expenses$9,115$10,493$1,110$20,718
Payroll Taxes$6,063$8,370$3,329$17,762
Information Technology$5,381$2,690$897$8,968
Other Expenses$1,462$5,025$372$6,859
Other Employee Benefits$2,818$1,873$1,174$5,865
Advertising$1,826$1,797-$3,623
Travel$1,328$312-$1,640
Pension Plan Contributions$421$522$257$1,200
Total Functional Expenses$281,955$154,436$40,272$476,663

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$553,634
Expenses per Audited Statements$476,663
Total Expenses per Form 990$476,663
Expenses Not Reported on Form 990$76,971
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$19,993
Fundraising Gross Income$19,570
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Faces 2024$51,714$19,570$4,151$15,419
Total Events$51,714$19,570$19,993$-423
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 2

Board director, chris (cj) walser, and board member, erik walser, are related, as per the irs definition of a familiar relationship.

Form 990, PART VI, Section B, LINE 11 B

THE Executive Director OF THE ORGANIZATION DISTRIBUTES A PDF COPY OF THE 990 RETURN TO ALL BOARD MEMBERS FOR REVIEW AND COMMENT PRIOR TO BEING FILED.

Form 990, PART VI, Section B, Line 12 C

At each board meeting, if there is a discussion of selecting or engaging a vendor or service provider, all in attendance are asked to recuse themselves from this discussion if there could be a perceived conflict. Annually, the organization reviews and discusses the conflict of interest policy and requests that each board member list and acknowledge any known conflicts.

Form 990, PART VI, Section B, LINE 19

The organization will provide in a timely manner, copies of all governing documents including its conflict of interest policy, when requested in writing or in person. The organization's governing documents, irs tax exemption letter, and prior year tax returns are all available on the organization's website: www.steelworkscenter.org.

Filing and Contact Details

Filer

Filer Name
Bessemer Historical Society Inc
EIN
31-1714170
In Care Of
% BESSEMER HISTORICAL SOCIETY
Phone
7195649086
Address
215 Canal St, Pueblo, CO 81004

Signing Officer

Name
Kathrine Thomson
Title
Board President
Phone
7195649086
Signed
2025-09-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kathrine Thomson
Formed
1995
Legal Domicile
Co
Voting Board Members
11
Independent Board Members
11
Employees
4
Volunteers
150

Preparer

Firm
Sorren Inc
Address
102 N CASCADE AVENUE SUITE 400, COLORADO SPRINGS, CO 80903
Preparer
Kimberly N Coleman
Phone
7196301186
Supplemental Narrative

Additional Explanations

Form 990 Part 1 Line 1

And related activities leading to the industrialization of the entire western united states.

Form 990, Part XII, line 2 C

The organization has an audit committee that assumes responsibility for selecting the independent auditor for the financial statement audit. This process has not changed from prior years.

Financial Statement Notes

Schedule D, Part III, Line 4

Description and Purpose of Collections: The museum features exhibits related to all facets of Colorado Fuel and Iron Company (CF&I) and related industries' impacts on the American West. CF&I was a strong force in the development of the history of Pueblo and Southern Colorado. At one time CF&I was the largest private landowner and the largest employer in Colorado and with ownership of mines and mining towns operated throughout the West, the company developed the economy and life in Pueblo as well as surrounding towns in Southern Colorado. By visiting the Steelworks Museum, the public is invited to learn how CF&I played a part in the history and development of Colorado through the histories of: Western industrialization, Coal and iron mining, Steel production, The Denver & Rio Grande and Colorado and Wyoming railroads, Labor issues, and Western immigration. The Steelworks Museum was opened in 2007 and serves as the interpretive center for CF&I history. The Steelworks Center of the West was established in 2014 to integrate all of the museum, archives and education programs. The CF&I Archives, held by Bessemer Historical Society (now Steelworks Center of the West), include over 100,000 photographs, more than 150 films, 30,000 maps and drawings, hundreds of ledgers, and internal publications such as Camp and Plant, The Industrial Bulletin, and The Blast. The mission of the archives is (1) To appraise, collect, organize, provide access, and preserve archival materials and secondary resource materials illustrating the origins, growth and development of the Colorado Fuel & Iron Company, its previous incarnations, and its subsidiary companies and corporations. (2) To provide appropriate conditions and facilities for the retention, protection, and preservation of these records. (3) To provide regular reference services and access to individuals, organizations, or other groups interested in the collections, and (4) To encourage the use of the collection and to increase the public awareness and appreciation of CF&I's history through publications, exhibitions and other outreach programs.

Schedule D, Part X, Line 2

The Society is exempt from federal income taxes under Section 501(c)(3)of the Internal Revenue Code. In addition, the Society qualifies for the charitable contribution deduction and has been classified as an organization other than a private foundation. The Society believes than it does not have any uncertain tax positions that are material to the financial statements.

Schedule D, Part XI, line 2 D

Other: $76,971. Rental expenses reported in expense within the audited financial statements and reclassified to revenue for the tax return.

Schedule D, Part XII, Line 2D

Other: $76,971. Rental expenses reported in expense within the audited financial statements and reclassified to revenue for the tax return.

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