Form 990 for tax year 2024

Totals

Total revenue

$7,103,706

Total expenses

$6,183,719

Contributions and grants received

$5,371,759

Grants paid

$4,532,498

Program service revenue

$0

Investment income

$1,731,947

Other revenue

$0

Total assets, end of year

$31,872,536

Total liabilities, end of year

$2,005,656

Net assets or fund balances, end of year

$29,866,880

Program services expenses (Part IX)

$4,828,260

Management and general expenses

$842,806

Fundraising expenses

$512,653

Program service expenses (Part III)

$4,828,260

Program services were 78.1% 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.

Mission and programs · 2024

• GRANTS MADE TO INDIVIDUALS REPRESENT THE PRIORITIZED FUNDRAISING FOCUS OF THE COLORADO MOUNTAIN COLLEGE (CMC) FOUNDATION, ENABLING STUDENTS THE OPPORTUNITY TO PURSUE THEIR COLLEGE AND CAREER GOALS WITH THE ASSISTANCE OF SCHOLARSHIP SUPPORT. IN FISCAL YEAR 2025, MORE THAN 700 STUDENTS COLLECTIVELY RECEIVED 2.02M IN FOUNDATION SCHOLARSHIP SUPPORT, A 41% INCREASE OVER THE YEAR'S PRIOR SUCCESSFUL YEAR OF 1.44M DISTRIBUTED. WITH THE ADDITION OF FIVE NEW ENDOWMENTS ESTABLISHED IN FY25, FOR A TOTAL OF 73; REPRESENTING 20.3M IN ENDOWED SCHOLARSHIP SUPPORT. CMC FOUNDATION SCHOLARSHIPS ARE FUNDED THROUGH GENEROUS GIFTS FROM INDIVIDUALS; INCLUDING 50% OF CMC'S FACULTY AND STAFF, ALUMNI, FOUNDATIONS, AND BUSINESS AND COMMUNITY PARTNERS WHO VALUE HOW FAR A SCHOLARSHIP CAN GO AT COLORADO MOUNTAIN COLLEGE WITH OUR LOW-COST TUITION AND HIGH-QUALITY DEGREE AND CERTIFICATE PROGRAMS AND THE LIFE-CHANGING IMPACT A SCHOLARSHIP HAS ON ITS RECIPIENT. SCHOLARSHIPS HAVE BEEN ESTABLISHED TO HONOR FORMER STUDENTS, FACULTY AND STAFF MEMBERS, AND FRIENDS OF COLORADO MOUNTAIN COLLEGE. THEY ARE ADMINISTERED BY THE CMC FOUNDATION AND COMMUNITY VOLUNTEERS WHO ASSIST WITH THE SELECTION PROCESS OF RECIPIENTS. SCHOLARSHIPS SUPPORT A RANGE OF OPPORTUNITIES WITHIN CMC ACROSS OUR 11 CAMPUSES.

  Expenses $2,021,681 · Grants $2,021,681

• COLORADO MOUNTAIN COLLEGE, A DUAL MISSION COLLEGE, OFFERING CERTIFICATES, ASSOCIATE, AND BACHELOR'S DEGREES, SEEKS TO BE THE MOST INCLUSIVE, INNOVATIVE, AND STUDENT-CENTERED COLLEGE IN THE NATION. FISCAL YEAR '25 WAS THE FIRST TIME SINCE 2017 THAT A NEW CAPITAL CAMPAIGN WAS NOT INTRODUCED BY THE COLLEGE, THUS CAPITAL DONATIONS WERE DOWN YEAR OVER YEAR. PLEDGE PAYMENTS FOR THE HIGHLY SUCCESSFUL 7.2 MILLION "RURAL NURSING SUCCESS FUND," THAT HAD RUN THE PREVIOUS FIVE FISCAL YEARS, SUPPORTING THE COMPLETION OF THREE HIGH-FIDELITY NURSING SIMULATION LABS, ACQUISITION OF NEW SIMULATION TECHNOLOGY, AND INCREASED NURSING SCHOLARSHIPS, WERE FINALIZED. PLEDGES FROM THE SUCCESSFUL "THE PROMISE OF SPRING VALLEY" 5M CAPITAL CAMPAIGN, COMPLETED IN FY22, ALSO TAPERED OFF, WITH SUCCESSFUL FULFILLMENT. THE CMC FOUNDATION CONTINUED TO ADDITIONALLY COLLECT ON THE 1.5M RAISED IN SUPPORT OF A NEW ORAL HEALTH CLINIC, IN FISCAL YEAR '24, IN SUPPORT OF OUR DENTAL HYGIENE STUDENTS, WHO WILL OFFER PREVENTATIVE CARE AT THE CMC VAIL VALLEY AT EDWARDS CAMPUS AS PART OF THEIR CURRICULUM. DONATIONS TO CMC'S RURAL TEACHER FELLOWSHIP PROGRAM CONTINUE TO BE OF INTEREST TO DONORS AS WELL. THIS PROGRAM IS DESIGNED TO PROVIDE EVERY TEACHER CANDIDATE WHO AGREES TO STUDENT TEACH IN ONE OF OUR LOCAL SCHOOLS WITH A 10,000 HOUSING STIPEND AND A GUARANTEE OF A JOB IN THE DISTRICT. THIS 10,000 STIPEND IS FUNDED HALF BY THE STATE OF COLORADO THROUGH RECENTLY PASSED LEGISLATION AND REQUIRES A 50% (5,000) PRIVATE MATCH PER FELLOW.

  Expenses $2,510,817 · Grants $2,510,817

• COLORADO MOUNTAIN COLLEGE OFFERS 7 ACADEMIC PATHWAYS WITH MORE THAN 130 PROGRAMS. DYNAMIC COMBINATIONS OF DEGREES (INCLUDING 8 BACHELOR'S DEGREES), CERTIFICATES, MINORS, AND SPECIALTIES EMPOWER STUDENTS TO EXPLORE OPPORTUNITIES AND CHOOSE THEIR OWN ADVENTURE. CMC'S RECENT PROMINENT DESIGNATIONS: HISPANIC SERVING INSTITUTION (HSI), HUNGER-FREE CAMPUS, AND HEALTHY MINDS, CONTINUE TO DRIVE IMPORTANT STRATEGIC DECISIONS AND PRIORITIZATION. DONATIONS TO CMC VIA THE CMC FOUNDATION HELP TO MAKE THESE TRANSFORMATIONAL OUTCOMES POSSIBLE. THE FEDERAL GOVERNMENT DESIGNATED COLORADO MOUNTAIN COLLEGE AS AN HSI IN 2021 AFTER YEARS OF DELIBERATE EFFORTS TO GROW CMC'S STUDENT BODY TO BE 25% OR MORE LATINO (NOW AT 41%), REFLECTING THE DEMOGRAPHICS OF OUR MOUNTAIN COMMUNITIES. CMC IS THE FIRST HSI LOCATED IN COLORADO'S RURAL, HIGH-COST MOUNTAIN RESORT REGION. CMC FOUNDATION SCHOLARSHIPS FOR UNDERSERVED STUDENTS CONTINUE TO GROW AS WELL IN SUPPORT OF ALL STUDENTS AND IS REFLECTED IN THE 41% GROWTH OF OUR SCHOLARSHIP SUPPORT. THE HUNGER-FREE CAMPUS DESIGNATION CAME IN LARGE PART THANKS TO THE FOOD PANTRIES PILOTED BY THE CMC FOUNDATION AT THE VAIL VALLEY AT EDWARDS CAMPUS, WHICH WAS THEN REPLICATED AT EACH OF OUR CAMPUSES WITH SUPPORT FROM THE FOUNDATION. HUNGER FOR COLLEGE STUDENTS REMAINS A NATIONAL ISSUE AND THE FOUNDATION IS COMMITTED TO HELPING STUDENTS AT CMC BE HUNGER-FREE. FINALLY, THE COLORADO DEPARTMENT OF HIGHER EDUCATION RECENTLY AWARDED COLORADO MOUNTAIN COLLEGE A HEALTHY MINDS DESIGNATION, RECOGNIZING CMC'S ONGOING WORK IN ADDRESSING THE MENTAL HEALTH NEEDS OF ITS STUDENTS. MANY OF THE PROGRAMS IN SUPPORT OF THIS IMPORTANT INITIATIVE RECEIVE FUNDING FROM INDIVIDUALS, BUSINESSES, OR FOUNDATIONS THROUGH THE CMC FOUNDATION. TO LEARN MORE: HTTPS://COLORADOMTN.EDU/CMC-NEWS/COLORADO- MOUNTAIN-COLLEGE-EARNS-HEALTHY-MINDS-DESIGNATION/.

  Expenses $295,762

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

Listed in Part VII

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

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

• COLORADO MOUNTAIN COLLEGE DISTRICT

  $2,510,817

  CAMPUS DISBURSEMENTS

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

• COLORADO MOUNTAIN COLLEGE

  501C1 · COLLEGE · CO

Provenance

Return type

form_990

Tax year

2024

Filed

17 October 2025

IRS schema version

2024v5.0

Source object

202502909349301805

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