Civic Intelligence

Greeleyweld Economic Development

990 • Fiscal year 2013 • EIN 84-1071701

Jan 01, 2013 to Dec 31, 2013 • Filed on Jun 30, 2014

Organization ProfileWWW.UPSTATECOLORADO.ORG

View Organization Page

822 7th StreetRoom/Suite 55080631-3933

(970) 356-4565

Siviq Scores

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

Liabilities / Assets

14th percentile

0.00x

Higher debt load relative to assets than 14% of similar nonprofits.

2013 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2013

Liabilities / Revenue

17th percentile

0.01x

Higher debt load relative to revenue than 17% of similar nonprofits.

2013 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2013

Net Margin

97th percentile

40%

Higher net margin than 97% of similar nonprofits.

2013 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2013

Top Officer Pay

43rd percentile

$121,308

Higher top officer pay than 43% of similar nonprofits.

Top officer pay equals 10.7% of source-year revenue.

2013 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2013

Asset Growth

76th percentile

14%

Faster asset growth than 76% of similar nonprofits.

2013 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2012 to 2013

Revenue Growth

97th percentile

87%

Faster revenue growth than 97% of similar nonprofits.

2013 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2012 to 2013

Balance Sheet
Liabilities / Assets14th percentile

Assets

Up

$3,590,290

Up $450,992 (+14%) from 2012

Net Assets

Up

$3,576,397

Up $456,466 (+15%) from 2012

Liabilities

Down

$13,893

Down $5,474 (-28%) from 2012

Revenue And Expenses
Liabilities / Revenue17th percentileNet Margin97th percentile

Revenue

Up

$1,128,904

Up $524,016 (+87%) from 2012

Expenses

Down

$672,438

Down $311,062 (-32%) from 2012

Net Income

Up

$456,466

Up $835,078 (+221%) from 2012

Historical Trend

Balance Sheet Trend

Asset Growth76th percentile

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

$6.0M$4.0M$2.0M$0Assets 2010: $4,145,181Liabilities 2010: $22,080Net Assets 2010: $4,123,1012010Assets 2011: $3,516,416Liabilities 2011: $17,873Net Assets 2011: $3,498,5432011Assets 2012: $3,139,298Liabilities 2012: $19,367Net Assets 2012: $3,119,9312012Assets 2013: $3,590,290Liabilities 2013: $13,893Net Assets 2013: $3,576,3972013Assets 2014: $4,560,875Liabilities 2014: $43,283Net Assets 2014: $4,517,5922014Assets 2015: $4,704,167Liabilities 2015: $16,005Net Assets 2015: $4,688,1622015Assets 2016: $4,877,096Liabilities 2016: $12,624Net Assets 2016: $4,864,4722016Assets 2017: $5,022,040Liabilities 2017: $50,716Net Assets 2017: $4,971,3242017Assets 2018: $5,197,673Liabilities 2018: $179,937Net Assets 2018: $5,017,7362018Assets 2019: $5,416,481Liabilities 2019: $298,783Net Assets 2019: $5,117,6982019Assets 2020: $5,529,812Liabilities 2020: $220,260Net Assets 2020: $5,309,5522020Assets 2021: $5,499,914Liabilities 2021: $41,876Net Assets 2021: $5,458,0382021Assets 2022: $5,495,975Liabilities 2022: $97,504Net Assets 2022: $5,398,4712022Assets 2023: $5,918,899Liabilities 2023: $298,694Net Assets 2023: $5,620,2052023Assets 2024: $5,957,286Liabilities 2024: $257,674Net Assets 2024: $5,699,6122024

Highlighted filing

2013

Assets$3,590,290
Liabilities$13,893
Net Assets$3,576,397
Open 2013 Filing

Operations Trend

Revenue Growth97th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $853,0532010Expenses 2011: $1,301,5632011Revenue 2012: $604,888Expenses 2012: $983,500Net Income 2012: -$378,6122012Revenue 2013: $1,128,904Expenses 2013: $672,438Net Income 2013: $456,4662013Revenue 2014: $2,940,800Expenses 2014: $1,999,605Net Income 2014: $941,1952014Revenue 2015: $3,837,281Expenses 2015: $3,666,711Net Income 2015: $170,5702015Revenue 2016: $1,860,055Expenses 2016: $1,683,745Net Income 2016: $176,3102016Revenue 2017: $1,427,084Expenses 2017: $1,369,352Net Income 2017: $57,7322017Revenue 2018: $2,114,396Expenses 2018: $2,067,984Net Income 2018: $46,4122018Revenue 2019: $2,569,143Expenses 2019: $2,469,181Net Income 2019: $99,9622019Revenue 2020: $4,305,575Expenses 2020: $4,113,721Net Income 2020: $191,8542020Revenue 2021: $2,297,456Expenses 2021: $2,148,970Net Income 2021: $148,4862021Revenue 2022: $674,390Expenses 2022: $733,957Net Income 2022: -$59,5672022Revenue 2023: $1,074,424Expenses 2023: $852,690Net Income 2023: $221,7342023Revenue 2024: $1,052,838Expenses 2024: $973,431Net Income 2024: $79,4072024

Highlighted filing

2013

Revenue$1,128,904
Expenses$672,438
Net Income$456,466
Open 2013 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Jun 30, 2014
Return Version
2013v3.1
Gross Receipts
$1,128,904
Mission and Program Overview

Mission

Our mission focuses on facilitating and attracting investment, creating new job opportunities, stimulating income growth and expanding the local community tax base.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,481,041$1,684,663▲ $203,622
Other Notes and Loans Receivable, Net$1,368,823$1,588,209▲ $219,386
Cash and Non-Interest-Bearing Accounts$273,034$292,977▲ $19,943
Accounts Receivable$8,061$18,599▲ $10,538
Land, Buildings, and Equipment, Net$8,339$5,842▼ $2,497
Total Assets$3,139,298$3,590,290▲ $450,992
Liabilities
Accounts Payable and Accrued Expenses$19,367$13,893▼ $5,474
Total Liabilities$19,367$13,893▼ $5,474
Net Assets / Fund Balance
Permanently Rstr Net Assets$2,849,864$3,272,872▲ $423,008
Unrestricted Net Assets$270,067$303,525▲ $33,458
Total Net Assets Fund Balance$3,119,931$3,576,397▲ $456,466
Total Liabilities and Net Assets / Fund Balance$3,139,298$3,590,290▲ $450,992

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,754$76,501$79,255
Leasehold Improvements$3,088$5,615$8,703
Compensation and Service Providers
Top Officer Pay43rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Eric BerglundPresident/ceFT$97,553$23,755$121,308

Board Members and Trustees

NameTitle
Jeff BedingfieldChairman
Bill GarciaDirector
Chad AuerDirector
Greg McintoshDirector
John GatesDirector
Julie CozadDirector
Mitch AndersonDirector
Roger KnophDirector
Scott EhrlichDirector
Sean ConwayDirector
Tom NortonDirector
Tom HarenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$939,940
Program Service Revenue
$188,438
Investment Income
$526
Other Revenue
$0
All Other Contributions
$281,834
Change in Net Assets
$456,466

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,128,904
Total Revenue per Audited Statements
$1,128,904
Total Revenue per Form 990
$1,128,904
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$409,230
Other Expenses$263,208
Total Fundraising Expense$26,705
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$141,510$56,188$10,405$208,103
Current Officers, Directors, Trustees, and Key Employees$82,490$32,753$6,065$121,308
Other Employee Benefits$25,968$10,311$1,909$38,188
Payroll Taxes$17,840$7,083$1,312$26,235
Occupancy$15,719$6,242$1,156$23,117
Conferences and Meetings$10,978$4,359$808$16,145
Travel$10,863$4,313$799$15,975
Pension Plan Contributions$10,469$4,157$770$15,396
Advertising$8,492$3,371$624$12,487
Fees for Services Accounting$7,585$3,012$558$11,155
Office Expenses$6,418$2,549$473$9,440
Fees for Services Other$6,372$2,530$469$9,371
Information Technology$4,867$1,932$358$7,157
Depreciation Depletion$3,900$1,549$287$5,736
Other Expenses$3,250$1,291$239$4,780
All Other Expenses$2,133$847$157$3,137
Total Functional Expenses$501,542$144,191$26,705$672,438

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$672,438
Total Expenses per Audited Statements$672,438
Total Expenses per Form 990$672,438
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
Annual disclosure for covered persons
Yes
Audit committee
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, Page 6, Part VI, Line 11B

“The form 990 is reviewed by management prior to the 990 being filed.”

Form 990, Page 6, Part VI, Line 12C

“Board members are required to abstain from voting on potential conflicts if any, which is reflected in the minutes.”

Form 990, Page 6, Part VI, Line 15A

“The board of directors approves compensation as part of the annual budget process.”

Form 990, Page 6, Part VI, Line 19

“All governing documents, copies of policies, tax returns and financial statements are available to the public upon request. Contact information for upstate colorado economic development can be found on its website at www.upstatecolorado.org.”

Filing and Contact Details

Filer

EIN
84-1071701

Signing Officer

Name
Eric Berglund
Title
President/CEO
Signed
2014-06-30

Organization Details

Principal Officer
Eric Berglund
Formed
1987
Legal Domicile
Co
Voting Board Members
12
Independent Board Members
12
Employees
4

Preparer

Preparer
Dalan Holmberg CPA
Phone
9703527990
Raw XML AppendixShowing 400 of 421 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/BOYAmt019367
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt013893
IRS990/AccountsReceivableGrp/BOYAmt08061
IRS990/AccountsReceivableGrp/EOYAmt018599
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0OUR MISSION FOCUSES ON FACILITATING AND ATTRACTING INVESTMENT, CREATING NEW JOB OPPORTUNITIES, STIMULATING INCOME GROWTH AND EXPANDING THE LOCAL COMMUNITY TAX BASE.
IRS990/AdvertisingGrp/FundraisingAmt0624
IRS990/AdvertisingGrp/ManagementAndGeneralAmt03371
IRS990/AdvertisingGrp/ProgramServicesAmt08492
IRS990/AdvertisingGrp/TotalAmt012487
IRS990/AllOtherContributionsAmt0281834
IRS990/AllOtherExpensesGrp/FundraisingAmt0157
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0847
IRS990/AllOtherExpensesGrp/ProgramServicesAmt02133
IRS990/AllOtherExpensesGrp/TotalAmt03137
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0false
IRS990/BooksInCareOfDetail/PersonNm0UPSTATE COLORADO ECONOMIC DEVELOPME
IRS990/BooksInCareOfDetail/PhoneNum09703564565
IRS990/BooksInCareOfDetail/USAddress/AddressLine10822 7TH STREET SUITE 550
IRS990/BooksInCareOfDetail/USAddress/City0GREELEY
IRS990/BooksInCareOfDetail/USAddress/State0CO
IRS990/BooksInCareOfDetail/USAddress/ZIPCode080631
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0273034
IRS990/CashNonInterestBearingGrp/EOYAmt0292977
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt06065
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt032753
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt082490
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0121308
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/FundraisingAmt0808
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt04359
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt010978
IRS990/ConferencesMeetingsGrp/TotalAmt016145
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0939940
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0526
IRS990/CYOtherExpensesAmt0263208
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0188438
IRS990/CYRevenuesLessExpensesAmt0456466
IRS990/CYSalariesCompEmpBnftPaidAmt0409230
IRS990/CYTotalExpensesAmt0672438
IRS990/CYTotalFundraisingExpenseAmt026705
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01128904
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/FundraisingAmt0287
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt01549
IRS990/DepreciationDepletionGrp/ProgramServicesAmt03900
IRS990/DepreciationDepletionGrp/TotalAmt05736
IRS990/Desc0UPSTATE COLORADO ECONOMIC DEVELOPMENT ADMINISTERS THE GREELEY COMMUNITY DEVELOPMENT FUND(GCDF) AND THE WELD/LARIMER REVOLVING LOAN FUND (RLF). THESE FUNDS ARE USED TO STIMULATE ECONOMIC GROWTH THROUGH NEW BUSINESS AND BUSINESS EXPANSION LOANS.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DoingBusinessAsName/BusinessNameLine10UPSTATE CO ECONOMIC DEVELOPMENT
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt04
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/ExpenseAmt075625
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/FundraisingAmt0558
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt03012
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt07585
IRS990/FeesForServicesAccountingGrp/TotalAmt011155
IRS990/FeesForServicesOtherGrp/FundraisingAmt0469
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt02530
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt06372
IRS990/FeesForServicesOtherGrp/TotalAmt09371
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
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/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1240.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
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/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1223755
IRS990/Form990PartVIISectionAGrp/PersonNm0JEFF BEDINGFIELD
IRS990/Form990PartVIISectionAGrp/PersonNm1TOM HAREN
IRS990/Form990PartVIISectionAGrp/PersonNm2SEAN CONWAY
IRS990/Form990PartVIISectionAGrp/PersonNm3SCOTT EHRLICH
IRS990/Form990PartVIISectionAGrp/PersonNm4BILL GARCIA
IRS990/Form990PartVIISectionAGrp/PersonNm5JOHN GATES
IRS990/Form990PartVIISectionAGrp/PersonNm6ROGER KNOPH
IRS990/Form990PartVIISectionAGrp/PersonNm7TOM NORTON
IRS990/Form990PartVIISectionAGrp/PersonNm8MITCH ANDERSON
IRS990/Form990PartVIISectionAGrp/PersonNm9CHAD AUER
IRS990/Form990PartVIISectionAGrp/PersonNm10JULIE COZAD
IRS990/Form990PartVIISectionAGrp/PersonNm11GREG MCINTOSH
IRS990/Form990PartVIISectionAGrp/PersonNm12ERIC BERGLUND
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1297553
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/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12PRESIDENT/CE
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01987
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GovernmentGrantsAmt0658106
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01128904
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt012
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt0358
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt01932
IRS990/InformationTechnologyGrp/ProgramServicesAmt04867
IRS990/InformationTechnologyGrp/TotalAmt07157
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0526
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0526
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt082116
IRS990/LandBldgEquipBasisNetGrp/BOYAmt08339
IRS990/LandBldgEquipBasisNetGrp/EOYAmt05842
IRS990/LandBldgEquipCostOrOtherBssAmt087958
IRS990/LegalDomicileStateCd0CO
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0OUR MISSION FOCUSES ON FACILITATING AND ATTRACTING INVESTMENT, CREATING NEW JOB OPPORTUNITIES, STIMULATING INCOME GROWTH AND EXPANDING THE LOCAL COMMUNITY TAX BASE.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt03119931
IRS990/NetAssetsOrFundBalancesEOYAmt03576397
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt01156
IRS990/OccupancyGrp/ManagementAndGeneralAmt06242
IRS990/OccupancyGrp/ProgramServicesAmt015719
IRS990/OccupancyGrp/TotalAmt023117
IRS990/OfficeExpensesGrp/FundraisingAmt0473
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02549
IRS990/OfficeExpensesGrp/ProgramServicesAmt06418
IRS990/OfficeExpensesGrp/TotalAmt09440
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt01909
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt010311
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt025968
IRS990/OtherEmployeeBenefitsGrp/TotalAmt038188
IRS990/OtherExpensesGrp/Desc0ALLOWANCE FOR LOAN LOSSES
IRS990/OtherExpensesGrp/Desc1GRANT
IRS990/OtherExpensesGrp/Desc2EQUIPMENT/MAINTENANCE
IRS990/OtherExpensesGrp/Desc3DUES/SUBSCRIPTIONS
IRS990/OtherExpensesGrp/FundraisingAmt0316
IRS990/OtherExpensesGrp/FundraisingAmt1239
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01704
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11291
IRS990/OtherExpensesGrp/ProgramServicesAmt075625
IRS990/OtherExpensesGrp/ProgramServicesAmt162772
IRS990/OtherExpensesGrp/ProgramServicesAmt24291
IRS990/OtherExpensesGrp/ProgramServicesAmt33250
IRS990/OtherExpensesGrp/TotalAmt075625
IRS990/OtherExpensesGrp/TotalAmt162772
IRS990/OtherExpensesGrp/TotalAmt26311
IRS990/OtherExpensesGrp/TotalAmt34780
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt010405
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt056188
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0141510
IRS990/OtherSalariesAndWagesGrp/TotalAmt0208103
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt01368823
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt01588209
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt01312
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt07083
IRS990/PayrollTaxesGrp/ProgramServicesAmt017840
IRS990/PayrollTaxesGrp/TotalAmt026235
IRS990/PensionPlanContributionsGrp/FundraisingAmt0770
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt04157
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt010469
IRS990/PensionPlanContributionsGrp/TotalAmt015396
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt02849864
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt03272872
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0ERIC BERGLUND
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST ON DEV LOANS
IRS990/ProgramServiceRevenueGrp/Desc1OTHER INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0173011
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt115427
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0173011
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt115427
IRS990/ProgSrvcAccomActy2Grp/Desc0UPSTATE COLORADO ECONOMIC DEVELOPMENT ENGAGES IN ECONOMIC STIMULATION THROUGH THE ATTRACTION OF NEW BUSINESS AND EXPANDING BUSINESSES. THIS IS ACCOMPLISHED THROUGH MARKETING AND OTHER INVESTMENTS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0425917
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0531127
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0454323
IRS990/PYInvestmentIncomeAmt0603
IRS990/PYOtherExpensesAmt0682109
IRS990/PYProgramServiceRevenueAmt0149962
IRS990/PYRevenuesLessExpensesAmt0-378612
IRS990/PYSalariesCompEmpBnftPaidAmt0301391
IRS990/PYTotalExpensesAmt0983500
IRS990/PYTotalRevenueAmt0604888
IRS990/ReconcilationRevenueExpnssAmt0456466
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0590813
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01481041
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01684663
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/BookValueAmt02754
IRS990ScheduleD/EquipmentGrp/DepreciationAmt076501
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt079255
IRS990ScheduleD/ExpensesSubtotalAmt0672438
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt03088
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt05615
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt08703
IRS990ScheduleD/RevenueSubtotalAmt01128904
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05842
IRS990ScheduleD/TotalExpensesPerForm990Amt0672438
IRS990ScheduleD/TotalRevenuePerForm990Amt01128904
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01128904
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0672438
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS REVIEWED BY MANAGEMENT PRIOR TO THE 990 BEING FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD MEMBERS ARE REQUIRED TO ABSTAIN FROM VOTING ON POTENTIAL CONFLICTS IF ANY, WHICH IS REFLECTED IN THE MINUTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS APPROVES COMPENSATION AS PART OF THE ANNUAL BUDGET PROCESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL GOVERNING DOCUMENTS, COPIES OF POLICIES, TAX RETURNS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. CONTACT INFORMATION FOR UPSTATE COLORADO ECONOMIC DEVELOPMENT CAN BE FOUND ON ITS WEBSITE AT WWW.UPSTATECOLORADO.ORG.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt03139298
IRS990/TotalAssetsEOYAmt03590290
IRS990/TotalAssetsGrp/BOYAmt03139298
IRS990/TotalAssetsGrp/EOYAmt03590290
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0939940
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt026705
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0144191
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0501542
IRS990/TotalFunctionalExpensesGrp/TotalAmt0672438
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt019367
IRS990/TotalLiabilitiesEOYAmt013893
IRS990/TotalLiabilitiesGrp/BOYAmt019367
IRS990/TotalLiabilitiesGrp/EOYAmt013893
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03119931
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03576397
IRS990/TotalOtherCompensationAmt023755
IRS990/TotalProgramServiceExpensesAmt0501542
IRS990/TotalProgramServiceRevenueAmt0188438
IRS990/TotalReportableCompFromOrgAmt097553
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0188964
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01128904
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03139298
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03590290
IRS990/TravelGrp/FundraisingAmt0799
IRS990/TravelGrp/ManagementAndGeneralAmt04313
IRS990/TravelGrp/ProgramServicesAmt010863
IRS990/TravelGrp/TotalAmt015975
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0270067
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0303525
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine10822 7TH STREET
IRS990/USAddress/City0GREELEY
IRS990/USAddress/State0CO
IRS990/USAddress/ZIPCode080634
IRS990/VotingMembersGoverningBodyCnt012
IRS990/VotingMembersIndependentCnt012
IRS990/WebsiteAddressTxt0WWW.UPSTATECOLORADO.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/PersonNm0ERIC BERGLUND
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT/CEO
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-06-30
ReturnHeader/Filer/BusinessName/BusinessNameLine10GREELEYWELD ECONOMIC DEVELOPMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine20ACTION PARTNERSHIP

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2013 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,590,290
Liabilities
$13,893
Net assets
$3,576,397
Revenue
$1,128,904
Expenses
$672,438
Net income
$456,466
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.96$0.26$5.70$1.05$0.97$0.08
2023Detailed filing. Detailed filing data is available for this year.$5.92$0.30$5.62$1.07$0.85$0.22
2022Detailed filing. Detailed filing data is available for this year.$5.50$0.10$5.40$0.67$0.73$0.06
2021Detailed filing. Detailed filing data is available for this year.$5.50$0.04$5.46$2.30$2.15$0.15
2020Detailed filing. Detailed filing data is available for this year.$5.53$0.22$5.31$4.31$4.11$0.19
2019Detailed filing. Detailed filing data is available for this year.$5.42$0.30$5.12$2.57$2.47$0.10
2018Detailed filing. Detailed filing data is available for this year.$5.20$0.18$5.02$2.11$2.07$0.05
2017Detailed filing. Detailed filing data is available for this year.$5.02$0.05$4.97$1.43$1.37$0.06
2016Detailed filing. Detailed filing data is available for this year.$4.88$0.01$4.86$1.86$1.68$0.18
2015Detailed filing. Detailed filing data is available for this year.$4.70$0.02$4.69$3.84$3.67$0.17
2014Detailed filing. Detailed filing data is available for this year.$4.56$0.04$4.52$2.94$2.00$0.94
2013Detailed filing. Detailed filing data is available for this year.$3.59$0.01$3.58$1.13$0.67$0.46
2012Summary only. Only limited summary data is available for this year.$3.14$0.02$3.12$0.60$0.98$0.38
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.52$0.02$3.50$1.30
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.15$0.02$4.12$0.85