Civic Intelligence

Clear Creek Economic Development Corporation Inc

990 • Fiscal year 2021 • EIN 84-0972025

Jan 01, 2021 to Dec 31, 2021 • Filed on Jul 27, 2022

Organization ProfileWWW.CLEARCREEKEDC.ORG
PO Box 2030Georgetown, CO 80444

(303) 710-9218

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

19th percentile

0.01x

Higher debt load relative to assets than 19% of similar nonprofits.

2021 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

24th percentile

0.03x

Higher debt load relative to revenue than 24% of similar nonprofits.

2021 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2021

Net Margin

66th percentile

18%

Higher net margin than 66% of similar nonprofits.

2021 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

32nd percentile

$80,000

Higher top officer pay than 32% of similar nonprofits.

Top officer pay equals 14.1% of source-year revenue.

2021 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2021

Asset Growth

31st percentile

5.0%

Faster asset growth than 31% of similar nonprofits.

2021 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

36th percentile

2.1%

Faster revenue growth than 36% of similar nonprofits.

2021 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets19th percentile

Assets

Up

$2,140,544

Up $101,655 (+5.0%) from 2020

Net Assets

Up

$2,123,252

Up $99,246 (+4.9%) from 2020

Liabilities

Up

$17,292

Up $2,409 (+16%) from 2020

Revenue And Expenses
Liabilities / Revenue24th percentileNet Margin66th percentile

Revenue

Up

$566,074

Up $11,913 (+2.1%) from 2020

Expenses

Up

$466,828

Up $251,159 (+116%) from 2020

Net Income

Down

$99,246

Down $239,246 (-71%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth31st percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0Assets 2010: $665,417Liabilities 2010: $3,185Net Assets 2010: $662,2322010Assets 2011: $615,081Liabilities 2011: $3,204Net Assets 2011: $611,8772011Assets 2012: $584,819Liabilities 2012: $594Net Assets 2012: $584,2252012Assets 2013: $586,414Liabilities 2013: $1,704Net Assets 2013: $584,7102013Assets 2014: $496,669Liabilities 2014: $1,712Net Assets 2014: $494,9572014Assets 2015: $393,654Liabilities 2015: $1,463Net Assets 2015: $392,1912015Assets 2016: $621,818Liabilities 2016: $3,012Net Assets 2016: $618,8062016Assets 2017: $571,608Liabilities 2017: $3,552Net Assets 2017: $568,0562017Assets 2018: $695,148Liabilities 2018: $3,567Net Assets 2018: $691,5812018Assets 2019: $1,688,878Liabilities 2019: $3,364Net Assets 2019: $1,685,5142019Assets 2020: $2,038,889Liabilities 2020: $14,883Net Assets 2020: $2,024,0062020Assets 2021: $2,140,544Liabilities 2021: $17,292Net Assets 2021: $2,123,2522021Assets 2022: $2,444,803Liabilities 2022: $161,704Net Assets 2022: $2,283,0992022Assets 2023: $2,382,339Liabilities 2023: $145,922Net Assets 2023: $2,236,4172023Assets 2024: $2,650,885Liabilities 2024: $130,841Net Assets 2024: $2,520,0442024

Highlighted filing

2021

Assets$2,140,544
Liabilities$17,292
Net Assets$2,123,252
Open 2021 Filing

Operations Trend

Revenue Growth36th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KRevenue 2010: $349,538Expenses 2010: $134,488Net Income 2010: $215,0502010Revenue 2011: $153,300Expenses 2011: $203,655Net Income 2011: -$50,3552011Revenue 2012: $162,102Expenses 2012: $189,754Net Income 2012: -$27,6522012Revenue 2013: $189,273Expenses 2013: $189,247Net Income 2013: $262013Revenue 2014: $103,353Expenses 2014: $193,106Net Income 2014: -$89,7532014Revenue 2015: $187,953Expenses 2015: $290,719Net Income 2015: -$102,7662015Revenue 2016: $407,563Expenses 2016: $180,948Net Income 2016: $226,6152016Revenue 2017: $130,260Expenses 2017: $181,010Net Income 2017: -$50,7502017Revenue 2018: $298,614Expenses 2018: $175,089Net Income 2018: $123,5252018Revenue 2019: $128,863Expenses 2019: $153,151Net Income 2019: -$24,2882019Revenue 2020: $554,161Expenses 2020: $215,669Net Income 2020: $338,4922020Revenue 2021: $566,074Expenses 2021: $466,828Net Income 2021: $99,2462021Revenue 2022: $285,121Expenses 2022: $152,678Net Income 2022: $132,4432022Revenue 2023: $169,507Expenses 2023: $216,189Net Income 2023: -$46,6822023Revenue 2024: $464,474Expenses 2024: $187,410Net Income 2024: $277,0642024

Highlighted filing

2021

Revenue$566,074
Expenses$466,828
Net Income$99,246
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Jul 27, 2022
Return Version
2021v4.2
Gross Receipts
$566,074
Mission and Program Overview

Mission

To provide economic development services to clear creek county and its municipalities. In addition, the ccedc administers a business loan fund program in clear creek and gilpin counties (region 3).

Established in 1985 to provideeconomic development services to clear creek county and its municipalities. In addition, the ccedc administers abusiness loan fund program in clear creek and gilpin counties (region 3).

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$1,011,244$1,221,363▲ $210,119
Savings and Temporary Cash Investments$937,804$887,088▼ $50,716
Cash and Non-Interest-Bearing Accounts$81,989$24,426▼ $57,563
Land, Buildings, and Equipment, Net$757$2,417▲ $1,660
Total Assets$2,038,889$2,140,544▲ $101,655
Other Assets Total$7,095$5,250▼ $1,845
Liabilities
Deferred Revenue$9,500$16,787▲ $7,287
Accounts Payable and Accrued Expenses$5,383$505▼ $4,878
Total Liabilities$14,883$17,292▲ $2,409
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,024,006$2,123,252▲ $99,246
Total Net Assets Fund Balance$2,024,006$2,123,252▲ $99,246
Total Liabilities and Net Assets / Fund Balance$2,038,889$2,140,544▲ $101,655

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,417$890$3,307
Other Assets Org$4,600--
Compensation and Service Providers
Top Officer Pay32nd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Lindsey ValdezPresident & CEOFT$80,000$80,000

Board Members and Trustees

NameTitle
Mike HillmanChairman
Kelly FlennikenVice-chair
Brian BosshardtBoard Member
Dan EbertBoard Member
Lalitha ChristianBoard Member
Wendy KochBoard Member
Jim EpsteinTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$500,255
Program Service Revenue
$65,697
Investment Income
$122
Other Revenue
$0
Change in Net Assets
$99,246
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$376,672
Salaries, Compensation, and Employee Benefits$90,156
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$80,000
Other Expenses$62,400--$62,400
Occupancy---$7,800
Payroll Taxes---$7,006
Information Technology---$6,475
Fees for Services Legal---$6,368
Fees for Services Accounting---$6,057
Office Expenses---$4,690
Fees for Services Other---$3,950
Other Employee Benefits---$3,150
Insurance---$1,792
All Other Expenses---$1,485
Travel---$1,427
Conferences and Meetings---$1,308
Advertising---$204
Depreciation Depletion---$150
Total Functional Expenses$0$0$0$466,828
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Officer directors etc family relationship Part VI line 2

“Current non-voting officer purchased an operating business from a current director. Director is carrying the loan for that purshase and is the landlord renting to the business.the board is aware of the transaction which has been conducted on an arms-length basis.”

Form 990 governing body review Part VI line 11

“Form 990 is reviewed and approved prior to filing.”

Conflict of interest policy compliance Part VI line 12C

“Conflicts of interest reviewed on a case-by-case basis.”

Governing documents etc available to public Part VI line 19

“Tax returns are available online and to the general public upon request.”

Filing and Contact Details

Filer

Filer Name
Clear Creek Economic Development Corporation Inc
EIN
84-0972025
Address
PO BOX 2030, GEORGETOWN, CO 80444

Signing Officer

Name
Lindsey Valdez
Title
CEO
Phone
3037109218
Signed
2022-07-27
Discuss with paid preparer
No

Organization Details

Principal Officer
Lindsey Valdez
Formed
1990
Legal Domicile
Co
Voting Board Members
7
Independent Board Members
7
Employees
1

Preparer

Firm
Georgetown Tax Prep Office
Address
1540 ARGENTINE ST POB 223, Georgetown, CO 80444
Preparer
Eddie Baker Ea
Phone
3035695046
Supplemental Narrative

Additional Explanations

Significant program services not listed on prior year return Part III line 2

“Covid relief program in partnership with clear creek county manager. Used federal cares dollars ($272,566)for this program. See page 10, part ix, line 24a.”

Raw XML Appendix358 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt05383
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0505
IRS990/AccountsReceivableGrp/BOYAmt01011244
IRS990/AccountsReceivableGrp/EOYAmt01221363
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0ESTABLISHED IN 1985 TO PROVIDEECONOMIC DEVELOPMENT SERVICES TO CLEAR CREEK COUNTY AND ITS MUNICIPALITIES. IN ADDITION, THE CCEDC ADMINISTERS ABUSINESS LOAN FUND PROGRAM IN CLEAR CREEK AND GILPIN COUNTIES (REGION 3).
IRS990/AdvertisingGrp/TotalAmt0204
IRS990/AllOtherExpensesGrp/TotalAmt01485
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0LINDSEY VALDEZ
IRS990/BooksInCareOfDetail/PhoneNum03037109218
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01443 COLORADO BLVD STE B
IRS990/BooksInCareOfDetail/USAddress/CityNm0IDAHO SPRINGS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CO
IRS990/BooksInCareOfDetail/USAddress/ZIPCd080452
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt081989
IRS990/CashNonInterestBearingGrp/EOYAmt024426
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt080000
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt01308
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0500255
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0122
IRS990/CYOtherExpensesAmt0376672
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt065697
IRS990/CYRevenuesLessExpensesAmt099246
IRS990/CYSalariesCompEmpBnftPaidAmt090156
IRS990/CYTotalExpensesAmt0466828
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0566074
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt09500
IRS990/DeferredRevenueGrp/EOYAmt016787
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt0150
IRS990/Desc0ADMINISTER GOVERMENTAL BLOCK GRANTS. AND PROVIDE AND SERVICE BUSINESS LOANS TO IMPROVE GENERAL AND ECONOMIC CONDITIONS IN CLEAR CREEK COUNTY.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt01
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/ExpenseAmt0466828
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt06057
IRS990/FeesForServicesLegalGrp/TotalAmt06368
IRS990/FeesForServicesOtherGrp/TotalAmt03950
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/PersonNm0LINDSEY VALDEZ
IRS990/Form990PartVIISectionAGrp/PersonNm1WENDY KOCH
IRS990/Form990PartVIISectionAGrp/PersonNm2LALITHA CHRISTIAN
IRS990/Form990PartVIISectionAGrp/PersonNm3BRIAN BOSSHARDT
IRS990/Form990PartVIISectionAGrp/PersonNm4DAN EBERT
IRS990/Form990PartVIISectionAGrp/PersonNm5MIKE HILLMAN
IRS990/Form990PartVIISectionAGrp/PersonNm6JIM EPSTEIN
IRS990/Form990PartVIISectionAGrp/PersonNm7KELLY FLENNIKEN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt080000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt6TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt7VICE-CHAIR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01990
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GovernmentGrantsAmt0500255
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0566074
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt06475
IRS990/InsuranceGrp/TotalAmt01792
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0122
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0122
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0890
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0757
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02417
IRS990/LandBldgEquipCostOrOtherBssAmt03307
IRS990/LegalDomicileStateCd0CO
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0ESTABLISHED IN 1985 TO PROVIDEECONOMIC DEVELOPMENT SERVICES TO CLEAR CREEK COUNTY AND ITS MUNICIPALITIES. IN ADDITION, THE CCEDC ADMINISTERS ABUSINESS LOAN FUND PROGRAM IN CLEAR CREEK AND GILPIN COUNTIES (REGION 3).
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt02024006
IRS990/NetAssetsOrFundBalancesEOYAmt02123252
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt02024006
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02123252
IRS990/NondeductibleContributionsInd0true
IRS990/NondeductibleContriDisclInd0true
IRS990/OccupancyGrp/TotalAmt07800
IRS990/OfficeExpensesGrp/TotalAmt04690
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt07095
IRS990/OtherAssetsTotalGrp/EOYAmt05250
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt03150
IRS990/OtherExpensesGrp/Desc0COVID RELIEF PROGRAMS
IRS990/OtherExpensesGrp/Desc1SPECIAL PROGRAMS
IRS990/OtherExpensesGrp/ProgramServicesAmt0272566
IRS990/OtherExpensesGrp/ProgramServicesAmt162400
IRS990/OtherExpensesGrp/TotalAmt0272566
IRS990/OtherExpensesGrp/TotalAmt162400
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt07006
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0LINDSEY VALDEZ
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0522291
IRS990/ProgramServiceRevenueGrp/BusinessCd1522291
IRS990/ProgramServiceRevenueGrp/Desc0BUSINESS LOAN INTEREST
IRS990/ProgramServiceRevenueGrp/Desc1LOAN ADMIN
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt053482
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt112215
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt053482
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt112215
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0497685
IRS990/PYGrantsAndSimilarPaidAmt014270
IRS990/PYInvestmentIncomeAmt0829
IRS990/PYOtherExpensesAmt096874
IRS990/PYProgramServiceRevenueAmt055647
IRS990/PYRevenuesLessExpensesAmt0338492
IRS990/PYSalariesCompEmpBnftPaidAmt0104525
IRS990/PYTotalExpensesAmt0215669
IRS990/PYTotalRevenueAmt0554161
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt099246
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0937804
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0887088
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt02417
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0890
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt03307
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0650
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt14600
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0SECURITY DEPOSIT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1LAND
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02417
IRS990ScheduleD/TotalBookValueOtherAssetsAmt05250
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CURRENT NON-VOTING OFFICER PURCHASED AN OPERATING BUSINESS FROM A CURRENT DIRECTOR. DIRECTOR IS CARRYING THE LOAN FOR THAT PURSHASE AND IS THE LANDLORD RENTING TO THE BUSINESS.THE BOARD IS AWARE OF THE TRANSACTION WHICH HAS BEEN CONDUCTED ON AN ARMS-LENGTH BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS REVIEWED AND APPROVED PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CONFLICTS OF INTEREST REVIEWED ON A CASE-BY-CASE BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TAX RETURNS ARE AVAILABLE ONLINE AND TO THE GENERAL PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COVID RELIEF PROGRAM IN PARTNERSHIP WITH CLEAR CREEK COUNTY MANAGER. USED FEDERAL CARES DOLLARS ($272,566)FOR THIS PROGRAM. SEE PAGE 10, PART IX, LINE 24A.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Officer directors etc family relationship Part VI line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Significant program services not listed on prior year return Part III line 2
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0true
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02038889
IRS990/TotalAssetsEOYAmt02140544
IRS990/TotalAssetsGrp/BOYAmt02038889
IRS990/TotalAssetsGrp/EOYAmt02140544
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0500255
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0466828
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt014883
IRS990/TotalLiabilitiesEOYAmt017292
IRS990/TotalLiabilitiesGrp/BOYAmt014883
IRS990/TotalLiabilitiesGrp/EOYAmt017292
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02024006
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02123252
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0466828
IRS990/TotalProgramServiceRevenueAmt065697
IRS990/TotalReportableCompFromOrgAmt080000
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt065819
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0566074
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02038889
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02140544
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt01427
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01443 COLORADO BLVD STE B
IRS990/USAddress/CityNm0IDAHO SPRINGS
IRS990/USAddress/StateAbbreviationCd0CO
IRS990/USAddress/ZIPCd080452
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0HTTP://WWW.CLEARCREEKEDC.ORG/
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0LINDSEY VALDEZ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum03037109218
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-07-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CLEAR CREEK ECONOMIC DEVELOPMENT CORPORATION INC
ReturnHeader/Filer/BusinessNameControlTxt0CLEA
ReturnHeader/Filer/EIN0840972025
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 2030
ReturnHeader/Filer/USAddress/CityNm0GEORGETOWN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CO
ReturnHeader/Filer/USAddress/ZIPCd080444
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0830527892
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GEORGETOWN TAX PREP OFFICE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01540 ARGENTINE ST POB 223
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Georgetown
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd080444
ReturnHeader/PreparerPersonGrp/PhoneNum03035695046
ReturnHeader/PreparerPersonGrp/PreparationDt02022-07-27
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0EDDIE BAKER EA
ReturnHeader/ReturnTs02022-07-27T13:02:56-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0LINDSEY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0VALDEZ
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,140,544
Liabilities
$17,292
Net assets
$2,123,252
Revenue
$566,074
Expenses
$466,828
Net income
$99,246
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.65$0.13$2.52$0.46$0.19$0.28
2023Detailed filing. Detailed filing data is available for this year.$2.38$0.15$2.24$0.17$0.22$0.05
2022Detailed filing. Detailed filing data is available for this year.$2.44$0.16$2.28$0.29$0.15$0.13
2021Detailed filing. Detailed filing data is available for this year.$2.14$0.02$2.12$0.57$0.47$0.10
2020Detailed filing. Detailed filing data is available for this year.$2.04$0.01$2.02$0.55$0.22$0.34
2019Detailed filing. Detailed filing data is available for this year.$1.69$0.00$1.69$0.13$0.15$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.70$0.00$0.69$0.30$0.18$0.12
2017Summary only. Only limited summary data is available for this year.$0.57$0.00$0.57$0.13$0.18$0.05
2016Detailed filing. Detailed filing data is available for this year.$0.62$0.00$0.62$0.41$0.18$0.23
2015Detailed filing. Detailed filing data is available for this year.$0.39$0.00$0.39$0.19$0.29$0.10
2014Summary only. Only limited summary data is available for this year.$0.50$0.00$0.49$0.10$0.19$0.09
2013Summary only. Only limited summary data is available for this year.$0.59$0.00$0.58$0.19$0.19$0.00
2012Summary only. Only limited summary data is available for this year.$0.58$0.00$0.58$0.16$0.19$0.03
2011Summary only. Only limited summary data is available for this year.$0.62$0.00$0.61$0.15$0.20$0.05
2010Summary only. Only limited summary data is available for this year.$0.67$0.00$0.66$0.35$0.13$0.22