Civic Intelligence

Fort Collins Area Chamber of Commerce

EIN 84-0201983 • 501(c)6 • Fort Collins, CO

Profile

The fort collins area chamber of commerce champions our community and region's quality of life and economic vitality through strong business advocacy and collaborative leadership.

225 South MeldrumFort Collins, CO 80521

www.fortcollinschamber.com

Siviq Scores

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

Liabilities / Assets

66th percentile

0.26x

Higher debt load relative to assets than 66% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

72nd percentile

0.35x

Higher debt load relative to revenue than 72% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Net Margin

2nd percentile

-50%

Higher net margin than 2% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

60th percentile

$170,553

Higher top officer pay than 60% of similar nonprofits.

Top officer pay equals 8.7% of source-year revenue.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Asset Growth

6th percentile

-24%

Faster asset growth than 6% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

52nd percentile

6.2%

Faster revenue growth than 52% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$2,632,084

Down $810,465 (-24%) from 2023

Liabilities

Up

$693,620

Up $25,176 (+3.8%) from 2023

Net Assets

Down

$1,938,464

Down $835,641 (-30%) from 2023

Revenue

Up

$1,955,423

Up $113,880 (+6.2%) from 2023

Expenses

Down

$2,940,951

Down $360 (-0.0%) from 2023

Net Income

Up

-$985,528

Up $114,240 (+10%) from 2023

Trend Graphs

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2010: $1,202,887Liabilities 2010: $521,678Net Assets 2010: $681,2092010Assets 2011: $1,251,050Liabilities 2011: $709,382Net Assets 2011: $541,6682011Assets 2012: $1,242,870Liabilities 2012: $710,697Net Assets 2012: $532,1732012Assets 2013: $1,376,867Liabilities 2013: $930,670Net Assets 2013: $446,1972013Assets 2014: $1,368,285Liabilities 2014: $932,629Net Assets 2014: $435,6562014Assets 2015: $1,474,748Liabilities 2015: $1,011,139Net Assets 2015: $463,6092015Assets 2016: $1,469,185Liabilities 2016: $850,117Net Assets 2016: $619,0682016Assets 2017: $4,319,372Liabilities 2017: $911,834Net Assets 2017: $3,407,5382017Assets 2018: $3,812,723Liabilities 2018: $949,287Net Assets 2018: $2,863,4362018Assets 2019: $3,289,377Liabilities 2019: $1,008,576Net Assets 2019: $2,280,8012019Assets 2020: $2,698,057Liabilities 2020: $939,863Net Assets 2020: $1,758,1942020Assets 2021: $5,502,237Liabilities 2021: $893,086Net Assets 2021: $4,609,1512021Assets 2022: $4,787,117Liabilities 2022: $916,900Net Assets 2022: $3,870,2172022Assets 2023: $3,442,549Liabilities 2023: $668,444Net Assets 2023: $2,774,1052023Assets 2024: $2,632,084Liabilities 2024: $693,620Net Assets 2024: $1,938,4642024

Highlighted filing

2024

Assets$2,632,084
Liabilities$693,620
Net Assets$1,938,464

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $811,2772010Expenses 2011: $950,0382011Revenue 2012: $880,252Expenses 2012: $910,814Net Income 2012: -$30,5622012Revenue 2013: $890,690Expenses 2013: $1,007,746Net Income 2013: -$117,0562013Revenue 2014: $1,144,268Expenses 2014: $1,153,810Net Income 2014: -$9,5422014Revenue 2015: $1,147,259Expenses 2015: $1,070,202Net Income 2015: $77,0572015Revenue 2016: $1,591,213Expenses 2016: $1,444,908Net Income 2016: $146,3052016Revenue 2017: $4,335,803Expenses 2017: $1,559,566Net Income 2017: $2,776,2372017Revenue 2018: $1,167,105Expenses 2018: $1,694,946Net Income 2018: -$527,8412018Revenue 2019: $1,329,125Expenses 2019: $1,936,587Net Income 2019: -$607,4622019Revenue 2020: $992,117Expenses 2020: $1,520,353Net Income 2020: -$528,2362020Revenue 2021: $4,566,760Expenses 2021: $1,717,623Net Income 2021: $2,849,1372021Revenue 2022: $1,276,288Expenses 2022: $2,017,025Net Income 2022: -$740,7372022Revenue 2023: $1,841,543Expenses 2023: $2,941,311Net Income 2023: -$1,099,7682023Revenue 2024: $1,955,423Expenses 2024: $2,940,951Net Income 2024: -$985,5282024

Highlighted filing

2024

Revenue$1,955,423
Expenses$2,940,951
Net Income-$985,528

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.63$0.69$1.94$1.96$2.94$0.99
2023Detailed filing. Detailed filing data is available for this year.$3.44$0.67$2.77$1.84$2.94$1.10
2022Detailed filing. Detailed filing data is available for this year.$4.79$0.92$3.87$1.28$2.02$0.74
2021Detailed filing. Detailed filing data is available for this year.$5.50$0.89$4.61$4.57$1.72$2.85
2020Detailed filing. Detailed filing data is available for this year.$2.70$0.94$1.76$0.99$1.52$0.53
2019Detailed filing. Detailed filing data is available for this year.$3.29$1.01$2.28$1.33$1.94$0.61
2018Detailed filing. Detailed filing data is available for this year.$3.81$0.95$2.86$1.17$1.69$0.53
2017Detailed filing. Detailed filing data is available for this year.$4.32$0.91$3.41$4.34$1.56$2.78
2016Detailed filing. Detailed filing data is available for this year.$1.47$0.85$0.62$1.59$1.44$0.15
2015Detailed filing. Detailed filing data is available for this year.$1.47$1.01$0.46$1.15$1.07$0.08
2014Detailed filing. Detailed filing data is available for this year.$1.37$0.93$0.44$1.14$1.15$0.01
2013Detailed filing. Detailed filing data is available for this year.$1.38$0.93$0.45$0.89$1.01$0.12
2012Summary only. Only limited summary data is available for this year.$1.24$0.71$0.53$0.88$0.91$0.03
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.25$0.71$0.54$0.95
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.20$0.52$0.68$0.81
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 16, 2025
Return Version
2024v5.2
Gross Receipts
$2,007,733
Mission and Program Overview

Mission

The fort collins area chamber of commerce champions our community and region's quality of life and economic vitality through strong business advocacy and collaborative leadership.

The chamber champions our community and region's quality of life and economic vitality through strong business advocacy and collaborative leadership.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$1,880,512$1,150,486▼ $730,026
Land, Buildings, and Equipment, Net$436,989$416,284▼ $20,705
Investments in Publicly Traded Securities$274,231$295,042▲ $20,811
Cash and Non-Interest-Bearing Accounts$282,076$253,069▼ $29,007
Savings and Temporary Cash Investments$293,230$232,681▼ $60,549
Accounts Receivable$79,297$120,339▲ $41,042
Prepaid Expenses and Deferred Charges$8,753$14,281▲ $5,528
Total Assets$3,442,549$2,632,084▼ $810,465
Other Assets Total$187,461$149,902▼ $37,559
Liabilities
Deferred Revenue$394,732$458,349▲ $63,617
Accounts Payable and Accrued Expenses$86,221$122,163▲ $35,942
Other Liabilities$172,919$104,493▼ $68,426
Mortgage Notes Payable Secured by Investment Property$14,572$8,615▼ $5,957
Total Liabilities$668,444$693,620▲ $25,176
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,935,080$1,067,651▼ $867,429
Net Assets Without Donor Restrictions$839,025$870,813▲ $31,788
Total Net Assets Fund Balance$2,774,105$1,938,464▼ $835,641
Total Liabilities and Net Assets / Fund Balance$3,442,549$2,632,084▼ $810,465

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$329,520$496,888$826,408
Equipment$61,764$242,637$304,401
Land$25,000-$25,000
Other Assets Org$29,221--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ann HutchisonPresident & CEOFT$145,318$25,235$170,553

Board Members and Trustees

NameTitle
Miles KaiburnChair
Josh GuernseyChair Elect
Ryan SchaeferImmediate Past Chair
Amy PezzaniBoard Member
Brandon GrebeBoard Member
Brandon WellsBoard Member
Brent KeeleBoard Member
Carrie BaumgartBoard Member
Carrie GillisBoard Member
Clay BartlettBoard Member
Dan ProvaznikBoard Member
Dan SoukupBoard Member
Darin AtteberryBoard Member
Jennifer Guero JohnsonBoard Member
Kate BakerBoard Member
Kevin UngerBoard Member
Kristin CandellaBoard Member
Kyle HenleyBoard Member
Lauren StorebyBoard Member
Mat DinsmoreBoard Member
Nick HawsBoard Member
Patrick McmeekinBoard Member
Sheri RidgewayBoard Member
Brett KempTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$613,272
Program Service Revenue
$1,302,359
Investment Income
$39,792
Other Revenue
$0
All Other Contributions
$72,027
Change in Net Assets
$-985,528

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,953,587
Revenue Not Reported on Financial Statements
$1,836
Revenue Not Reported on Form 990
$68,973
Total Revenue per Audited Statements
$2,022,560
Total Revenue per Form 990
$1,955,423
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,482,513
Salaries, Compensation, and Employee Benefits$458,438
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses---$412,372
Fees for Services Accounting---$196,025
Current Officers, Directors, Trustees, and Key Employees---$145,318
Other Expenses---$112,042
Other Salaries and Wages---$107,877
Other Employee Benefits---$103,696
Payroll Taxes---$62,221
Office Expenses---$58,484
Depreciation Depletion---$52,419
Occupancy---$51,229
Information Technology---$47,598
Pension Plan Contributions---$39,326
Advertising---$36,600
Fees for Service Investment Mgmnt Fees---$1,836
Travel---$1,433
Interest---$653
Fees for Services Other---$260
Total Functional Expenses$0$0$0$2,940,951

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$2,940,951
Expenses per Audited Statements$2,939,115
Total Expenses per Audited Statements$2,939,115
Expenses Not Reported on Financial Statements$1,836
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
No
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Total Nondeductible Lobbying and Political Cost$354,775
Current Year Nondeductible Lobbying and Political Cost$78,950
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Compensation Plan Obligation$104,493
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
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 B, Line 11B

Form 990 will be reviewed in detail by the ceo and the finance director and by the finance committee before the return is filed.

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

The fort collins chamber of commerce has a written conflict of interest policy that is presented to the board of directors. The organization monitors any conflicts of interest throughout the year and reviews the policy every few years.

Form 990, Part VI, Section B, Line 15A

The board has a compensation committee that reviews the president/ceo's salary. The review process and the decision is documented. The committee is currently working on incorporating comparability data.

Form 990, Part VI, Section C, Line 19

Form 990 is available to the public, upon request, at the office. In addition, the governing documents and financial statements are available, upon request, to all members.

Filing and Contact Details

Filer

Filer Name
Fort Collins Area Chamber of Commerce
EIN
84-0201983
Phone
9704823746
Address
225 SOUTH MELDRUM, FORT COLLINS, CO 80521

Signing Officer

Name
Ann Hutchison
Title
President and CEO
Phone
9704823774
Signed
2025-11-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ann Hutchison
Formed
1904
Legal Domicile
Co
Voting Board Members
25
Independent Board Members
24
Employees
17
Volunteers
300

Preparer

Firm
Brock and Company Cpas Pc
Address
3711 JFK PARKWAY SUITE 317, FORT COLLINS, CO 80525
Preparer
Kelsie Boyle CPA
Phone
9702237855
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Uncollectible pledge expense 100,000. Sector events and programs 92,079. Marketing 86,648. Miscellaneous 71,988. Total resource campaign 57,716. Membership investment 3,941.

FORM 990, PART XI, LINE 9:

Restitution received 63,040.

FORM 990, PART XII, LINE 2C, AUDIT OVERSIGHT COMMITTEE:

The finance committee is responsible for oversight of the audit. The finance committee shall be appointed annually by the chair, subject to confirmation by the board. The finance committee shall advise the board of the financial condition of the chamber on a monthly and annual basis. The finance committee shall be comprised of the treasurer and at least three additional board members.

Form 990, Part XI, Line 9

During the year ended december 31, 2024, the chamber received restitution payments totaling $63,040 as payment for a legal judgment awarded in a prior year. At the time the judgement was awarded there was significant uncertainty as to the probability of collection and the amount that would ultimately be received. Accordingly, no receivable was recorded at the time of the judgment and subsequent collections have been recorded on a cash basis as funds are received.

Financial Statement Notes

PART X, LINE 2:

Footnote in the organization's financial statements regarding the organization's liability for uncertain tax positions. (from form 990, page 3 line 11f) the chamber engages in activities that create unrelated business income. These activities generally incur expenses in excess of income and, accordingly, no unrelated business income tax has ever been paid. These financial statements do not include a provision for income taxes. The chamber applies a more-likely-than-not measurement methodology to reflect the financial statement impact of uncertain tax positions taken or expected to be taken in a tax return. After evaluating the tax positions taken, none are considered to be uncertain, therefore, no amounts have been recognized as of the years presented.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

RESTITUTION RECEIVED

Raw XML AppendixShowing 400 of 560 raw XML fields

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IRS990/ActivityOrMissionDesc0THE CHAMBER CHAMPIONS OUR COMMUNITY AND REGION'S QUALITY OF LIFE AND ECONOMIC VITALITY THROUGH STRONG BUSINESS ADVOCACY AND COLLABORATIVE LEADERSHIP.
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IRS990/Form990PartVIISectionAGrp/PersonNm1MILES KAIBURN
IRS990/Form990PartVIISectionAGrp/PersonNm2BRETT KEMP
IRS990/Form990PartVIISectionAGrp/PersonNm3JOSH GUERNSEY
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IRS990/Form990PartVIISectionAGrp/PersonNm11JENNIFER GUERO JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm12DAN PROVAZNIK
IRS990/Form990PartVIISectionAGrp/PersonNm13LAUREN STOREBY
IRS990/Form990PartVIISectionAGrp/PersonNm14CARRIE BAUMGART
IRS990/Form990PartVIISectionAGrp/PersonNm15BRENT KEELE
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IRS990/Form990PartVIISectionAGrp/PersonNm22KEVIN UNGER
IRS990/Form990PartVIISectionAGrp/PersonNm23KYLE HENLEY
IRS990/Form990PartVIISectionAGrp/PersonNm24KRISTIN CANDELLA
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3CHAIR ELECT
IRS990/Form990PartVIISectionAGrp/TitleTxt4IMMEDIATE PAST CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
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IRS990/Form990PartVIISectionAGrp/TitleTxt20BOARD MEMBER
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IRS990/MissionDesc0THE FORT COLLINS AREA CHAMBER OF COMMERCE CHAMPIONS OUR COMMUNITY AND REGION'S QUALITY OF LIFE AND ECONOMIC VITALITY THROUGH STRONG BUSINESS ADVOCACY AND COLLABORATIVE LEADERSHIP.
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IRS990/ProgSrvcAccomActy2Grp/Desc0REGIONAL ISSUES SUMMIT: THE REGIONAL ISSUES SUMMIT IS A FORUM THAT BRINGS ATTENTION TO SOME OF THE LARGER ISSUES FACING NORTHERN COLORADO, INCLUDING TRANSPORTATION, EMPLOYMENT TRENDS AND GAPS, AND WATER.
IRS990/ProgSrvcAccomActy3Grp/Desc0NETWORKING AND EDUCATION EVENTS: THESE EVENTS ARE DESIGNED TO PROVIDE A FORUM AND ENCOURAGE MEMBER INTERACTION AND EDUCATION. THE EVENTS INCLUDE BUSINESS AFTER HOURS, THE ANNUAL GOLF TOURNAMENT, LEADS GROUPS, AND OTHER INFORMATIONAL SESSIONS.
IRS990/ProgSrvcAccomActyOtherGrp/Desc0THE CHAMBER OFFERS MANY PROGRAMS AND SERVICES INCLUDING LEADERSHIP TRAINING,ADVOCACY,BUSINESS SHOWCASES, AND LEADS GROUPS. IT ALSO PRODUCES NEWSLETTERS AND PUBLICATIONS WHICH ARE MAILED TO MEMBERS IN ORDER TO CREATE A CLIMATE IN WHICH BUSINESSES CAN SUCCEED. REVENUES INCLUDE MEMBER DUES THAT ARE NOT SPECIFICALLY ASSOCIATED WITH ANOTHER PROGRAM, BUT WHICH SUPPORT ALL OF THE PROGRAMS.THE CHAMBER SERVES AS THE FISCAL SPONSOR FOR MULTIPLE INDUSTRY SECTOR PARTNERSHIPS BASED IN NORTHERN COLORADO. THESE PARTNERSHIPS REPRESENT COLLABORATIVE EFFORTS AMONG BUSINESS LEADERS TO TACKLE INDUSTRY-SPECIFIC CHALLENGES AND FOSTER GROWTH. AS OF THE YEAR ENDED DECEMBER 31, 2024, THE CHAMBER FULFILLS THE ROLE OF SPONSOR FOR GROUPS OPERATING WITHIN THE HEALTHCARE, CONSTRUCTION, HOSPITALITY, AND NONPROFIT SECTORS.
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