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Nonprofiteer
← WESTERN COLORADO COMMUNITY FOUNDATION INC

Form 990 for tax year 2024

Filed by WESTERN COLORADO COMMUNITY FOUNDATION INC.

Totals

Total revenue
$20,506,408
Total expenses
$11,067,334
Contributions and grants received
$13,608,054
Grants paid
$8,352,625
Program service revenue
$0
Investment income
$6,797,638
Other revenue
$100,716
Total assets, end of year
$186,547,695
Total liabilities, end of year
$9,052,245
Net assets or fund balances, end of year
$177,495,450
Program services expenses (Part IX)
$9,685,770
Management and general expenses
$1,290,120
Fundraising expenses
$91,444
Program service expenses (Part III)
$9,685,770

Program services were 87.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $13,608,054

  • 1g · Noncash contributions included above

    $1,815,255

  • 3 · Investment income

    total $4,285,777 · excluded $4,285,777

  • 5 · Royalties

    total $94,835 · excluded $94,835

  • 6a · Gross rents

    real property $10,044

  • 6b · Less rental expenses

    real property $10,044

  • 6c · Rental income or loss

    real property $0

  • 7a · Gross sales of assets other than inventory

    securities $9,341,489

  • 7b · Less cost or other basis and sales expenses

    securities $6,828,962 · other assets $666

  • 7c · Gain or loss

    securities $2,512,527 · other assets -$666

  • 7d · Net gain or loss

    total $2,511,861 · excluded $2,511,861

  • 11d · All other revenue

    total $5,881 · excluded $5,881

  • 11e · Other revenue, total

    $5,881

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $7,592,253 · program services $7,592,253

  • 2 · Grants to domestic individuals

    total $760,372 · program services $760,372

  • 5 · Compensation of officers, directors and key employees

    total $432,468 · program services $111,929 · management and general $278,565 · fundraising $41,974

  • 7 · Other salaries and wages

    total $763,557 · program services $514,496 · management and general $235,031 · fundraising $14,030

  • 8 · Pension plan contributions

    total $34,113 · program services $21,847 · management and general $11,733 · fundraising $533

  • 9 · Other employee benefits

    total $78,252 · program services $57,242 · management and general $18,875 · fundraising $2,135

  • 10 · Payroll taxes

    total $68,295 · program services $45,705 · management and general $21,392 · fundraising $1,198

  • 11b · Fees: legal

    total $24,000 · program services $13,680 · management and general $10,320

  • 11c · Fees: accounting

    total $56,412 · management and general $56,412

  • 11f · Fees: investment management

    total $287,807 · management and general $287,807

  • 11g · Fees: other

    total $141,538 · program services $75,162 · management and general $66,085 · fundraising $291

  • 12 · Advertising and promotion

    total $58,105 · program services $57,808 · management and general $271 · fundraising $26

  • 13 · Office expenses

    total $96,630 · program services $52,109 · management and general $40,731 · fundraising $3,790

  • 14 · Information technology

    total $72,634 · program services $39,949 · management and general $29,780 · fundraising $2,905

  • 16 · Occupancy

    total $210,200 · program services $115,610 · management and general $86,182 · fundraising $8,408

  • 17 · Travel

    total $23,918 · program services $13,155 · management and general $9,806 · fundraising $957

  • 19 · Conferences, conventions and meetings

    total $45,644 · program services $24,059 · management and general $20,595 · fundraising $990

  • 22 · Depreciation, depletion and amortization

    total $143,164 · program services $78,740 · management and general $58,697 · fundraising $5,727

  • 23 · Insurance

    total $23,771 · program services $13,074 · management and general $9,746 · fundraising $951

  • 24a · Other expenses: REPAIRS AND MAINTENANCE

    total $117,298 · program services $64,514 · management and general $48,092 · fundraising $4,692

  • 24b · Other expenses: DONOR CULTIVATION

    total $28,373 · program services $25,536 · fundraising $2,837

  • 24c · Other expenses: SPONSORSHIPS

    total $8,400 · program services $8,400

  • 24d · Other expenses: ROYALTY TAXES

    total $130 · program services $130

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $368,458 · end of year $345,005

  • 2 · Savings and temporary cash investments

    beginning of year $6,644,893 · end of year $8,604,146

  • 3 · Pledges and grants receivable

    beginning of year $67,500 · end of year $355,000

  • 4 · Accounts receivable

    beginning of year $76,318 · end of year $88,778

  • 9 · Prepaid expenses and deferred charges

    beginning of year $120,242 · end of year $125,834

  • 10a · Land, buildings and equipment: cost or other basis

    $4,996,491

  • 10b · Land, buildings and equipment: accumulated depreciation

    $208,049

  • 10c · Land, buildings and equipment, net

    beginning of year $4,747,400 · end of year $4,788,442

  • 11 · Investments: publicly traded securities

    beginning of year $153,851,398 · end of year $167,271,947

  • 13 · Investments: program-related

    end of year $1,000,000

  • 14 · Intangible assets

    beginning of year $1,256,696 · end of year $1,165,217

  • 15 · Other assets

    beginning of year $2,822,651 · end of year $2,803,326

  • 17 · Accounts payable and accrued expenses

    beginning of year $262,478 · end of year $414,355

  • 23 · Secured mortgages and notes payable

    beginning of year $1,480,216 · end of year $1,464,057

  • 25 · Other liabilities

    beginning of year $6,520,206 · end of year $7,173,833

  • 27 · Net assets without donor restrictions

    beginning of year $158,305,253 · end of year $172,934,199

  • 28 · Net assets with donor restrictions

    beginning of year $3,387,403 · end of year $4,561,251

Mission and programs · 2024

Mission

THE MISSION OF THE WESTERN COLORADO COMMUNITY FOUNDATION IS TO PROMOTE CHARITABLE GIVING, BUILD AND MANAGE CHARITABLE FUNDS FOR COMMUNITY GOOD, AND PROVIDE GRANTS, SCHOLARSHIPS, AND OTHER RESOURCES TO BENEFIT THE RESIDENTS AND COMMUNITIES OF WESTERN COLORADO.

Activities or mission (Part I)

TO PROMOTE CHARITABLE GIVING TO BENEFIT THE RESIDENTS AND COMMUNITIES OF WESTERN COLORADO.

  • WESTERN COLORADO COMMUNITY FOUNDATION RECEIVES AND ACCEPTS DONATIONS TO BE ADMINISTERED TO PROMOTE CHARITABLE GIVING, BUILDS AND MANAGES CHARITABLE FUNDS FOR THE COMMUNITY GOOD, AND PROVIDES GRANTS, SCHOLARSHIPS, AND OTHER RESOURCES TO BENEFIT THE ORGANIZATIONS AND COMMUNITIES OF WESTERN COLORADO.

    Expenses $9,191,846 · Grants $8,013,375

  • HUNGER RELIEF - WITH FUNDING FROM A PRIVATE FOUNDATION, WE PROVIDED STAFF SUPPORT TO THE MESA COUNTY HUNGER ALLIANCE, A COALITION OF 20+ HUNGER RELIEF ORGANIZATIONS, AND FACILITATED PLANNING AND PREPARATION OF A 5-YEAR PLAN, MESA COUNTY BLUEPRINT TO END HUNGER. IMPLEMENTATION OF ACTION STEPS BEGAN IN 2020 AND CONTINUED IN 2024.

    Expenses $190,776 · Grants $171,050

  • YOUTH MENTAL HEALTH AND WELLNESS - OUR COMMUNITY IS SEEING INCREASES IN ANXIETY, DEPRESSION, SUBSTANCE ABUSE, AND CONSIDERATIONS OF SUICIDE IN OUR YOUTH. OUR YOUTHSTRONG INITIATIVE EMPOWERS YOUTH TO BUILD RESILIENCE AND NAVIGATE THE CHALLENGES OF TODAY'S WORLD, PARTICULARLY AROUND HEALTHY TECH USE.

    Expenses $213,478 · Grants $93,700

  • OUR ENVIRONMENT INITIATIVE CORE STANDS FOR CONSERVATION, OUTDOOR RECREATION, AND ENVIRONMENT. WE ORGANIZE SITE VISITS, EDUCATION OPPORTUNITIES, AND AN ANNUAL DONOR GIVING CIRCLE FOR PEOPLE INTERESTED IN FUNDING PROJECTS THAT PRESERVE OUR LANDSCAPES, EXPAND OUTDOOR RECREATION OPPORTUNITIES FOR UNDERREPRESENTED POPULATIONS, AND WORK ON ISSUES RELATED TO CLEAN AIR, WATER, AND ALTERNATIVE ENERGY.

    Expenses $89,670 · Grants $74,500

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Dan Prinster

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Terri Chinn

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Robin Tolan

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • David Lane

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Mary Beth Buescher

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Gena Cooper

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Raul De Villegas-Decker

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Abram Herman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Gregg Kampf

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • David Livingston

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Carlton Mason

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Doug May

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Doris McGuire

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Joey Montoya-Boese

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Tom Parrish

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Hazel Stevens Price

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Chris Unfug

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Judy Vanderleest

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Bill Welch

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Anne Wenzel

    CEO/PRESIDENT

    Total calculated
    $256,997
    From this org
    $189,313
    From related orgs
    $0
    Other
    $67,684
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $149,009
    Bonus
    $40,004
    Other
    $300
    Deferred
    $49,625
    Nontaxable benefits
    $18,059
    Filer's total
    $256,997

  • Cheree Seader

    DIRECTOR OF FINANCE AND OPERATIONS

    Total calculated
    $135,925
    From this org
    $122,506
    From related orgs
    $0
    Other
    $13,419
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 7
THE ORGANIZATION ANNUALLY REVIEWS THE PERFORMANCES OF THE EXECUTIVE STAFF AND OTHER STAFF TO DETERMINE IF ADDITIONAL COMPENSATION IN THE FORM OF BONUSES WILL BE PAID. DURING CALENDAR YEAR ENDING DECEMBER 31, 2024, THE ORGANIZATION AWARDED THE PRESIDENT/CEO A BONUS BASED ON REVIEW OF HER PERFORMANCE AND SERVICES TO THE ORGANIZATION.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • WCCF ASSET HOLDING LLC

    HOLD CERTAIN DONATED PROPERTY & INTERESTS UNTIL THEY CAN BE LIQUIDATED · CO · income $3,381 · assets $1,208,277

    Directly controlled by WESTERN COLORADO COMMUNITY FOUNDATION INC

  • WCCF CFP LLC

    REAL ESTATE HOLDING · CO · income $10,044 · assets $4,529,254

    Directly controlled by WESTERN COLORADO COMMUNITY FOUNDATION INC

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • CHARITABLE LEAD TRUSTS (2)

    T · INVESTING · CO

Provenance

Return type
form_990
Tax year
2024
Filed
19 May 2025
IRS schema version
2024v5.1
Source object
202501409349301030

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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