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Nonprofiteer
← ENSEMBLE INNOVATION VENTURES

Form 990 for tax year 2025

Filed by ENSEMBLE INNOVATION VENTURES.

Totals

Total revenue
$318,288
Total expenses
$2,431,109
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$0
Investment income
$318,288
Other revenue
$0
Total assets, end of year
$17,706,566
Total liabilities, end of year
$552,998
Net assets or fund balances, end of year
$17,153,568
Program services expenses (Part IX)
$1,341,425
Management and general expenses
$1,089,684
Fundraising expenses
$0
Program service expenses (Part III)
$1,341,425

Program services were 55.2% 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.

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $237,874 · excluded $237,874

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7a · Gross sales of assets other than inventory

    securities $7,351,769 · other assets $69,340

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

    securities $7,269,497 · other assets $71,198

  • 7c · Gain or loss

    securities $82,272 · other assets -$1,858

  • 7d · Net gain or loss

    total $80,414 · excluded $80,414

  • 8c · Net income from fundraising events

    total $0

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $555,050 · program services $543,949 · management and general $11,101

  • 7 · Other salaries and wages

    total $968,200 · program services $189,900 · management and general $778,300

  • 8 · Pension plan contributions

    total $52,536 · program services $0 · management and general $52,536

  • 9 · Other employee benefits

    total $55,496 · program services $2,306 · management and general $53,190

  • 10 · Payroll taxes

    total $46,577 · program services $5,942 · management and general $40,635

  • 11b · Fees: legal

    total $252,217 · program services $247,517 · management and general $4,700

  • 11c · Fees: accounting

    total $91,161 · program services $73,285 · management and general $17,876

  • 11f · Fees: investment management

    total $6,278 · program services $6,278

  • 11g · Fees: other

    total $16,182 · program services $2,565 · management and general $13,617 · fundraising $0

  • 12 · Advertising and promotion

    total $31,326 · program services $31,326

  • 13 · Office expenses

    total $46,745 · program services $34,458 · management and general $12,287

  • 14 · Information technology

    total $105,810 · program services $37,478 · management and general $68,332

  • 16 · Occupancy

    total $122,176 · program services $122,176

  • 17 · Travel

    total $31,275 · program services $7,895 · management and general $23,380

  • 20 · Interest

    total $540 · program services $540

  • 22 · Depreciation, depletion and amortization

    total $8,954 · program services $8,954

  • 23 · Insurance

    total $26,805 · program services $26,805

  • 24a · Other expenses: FEES, LICENSES, & DUES

    total $11,400 · program services $51 · management and general $11,349

  • 24b · Other expenses: TRAINING, SEMINARS & EDUCATION

    total $2,381 · management and general $2,381

  • 24e · All other expenses

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 26 · Joint costs (an allocation of the lines above)

    total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $793,111 · end of year $1,108,405

  • 2 · Savings and temporary cash investments

    beginning of year $218,187 · end of year $77,417

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $1,025,000 · end of year $1,675,000

  • 9 · Prepaid expenses and deferred charges

    beginning of year $110,566 · end of year $111,970

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

    $7,482

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

    $5,153

  • 10c · Land, buildings and equipment, net

    beginning of year $13,141 · end of year $2,329

  • 11 · Investments: publicly traded securities

    beginning of year $9,346,628 · end of year $2,054,149

  • 12 · Investments: other securities

    beginning of year $16,390,625 · end of year $12,524,163

  • 13 · Investments: program-related

    beginning of year $0

  • 15 · Other assets

    beginning of year $234,156 · end of year $153,133

  • 17 · Accounts payable and accrued expenses

    beginning of year $2,147,440 · end of year $442,245

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $184,067 · end of year $110,753

  • 27 · Net assets without donor restrictions

    beginning of year $25,799,907 · end of year $17,153,568

Mission and programs · 2025

Mission

ENSEMBLE INNOVATION VENTURES ALLOCATES CAPITAL RESOURCES IN DISRUPTIVE AND INNOVATIVE BUSINESS MODELS AND SOLUTIONS, BOTH NASCENT AND MATURING, THAT IMPROVE COMMUNITY HEALTH AND WELLNESS BY REMOVING BARRIERS TO CARE, ADDRESSING UNMET HEALTH AND WELLNESS NEEDS, AND UNLOCKING THE FUTURE OF HEALTHCARE.

Activities or mission (Part I)

ENSEMBLE INNOVATION VENTURES ALLOCATES CAPITAL RESOURCES TO IMPROVE COMMUNITY HEALTH & WELLNESS.

  • FOR THE YEAR ENDING DECEMBER 31, 2025, THE COMPANY GENERATED INCOME FROM INVESTMENTS AND INCURRED PERSONNEL (SHARED COSTS FROM OUR SUBSIDIARY, DELTA DENTAL OF COLORADO), HR, IT, LEGAL AND OTHER COSTS RELATED TO THE INVESTIGATION OF POTENTIAL INVESTMENTS.

    Expenses $1,341,425

As filed on the 2025 return.

Listed in Part VII

  • Andrea Young

    CHAIR

    Total calculated
    $58,719
    From this org
    $15,750
    From related orgs
    $42,969
    Other
    $0
    Hours/week
    4 + 4 related

  • Ann Block

    SECRETARY

    Total calculated
    $60,054
    From this org
    $7,750
    From related orgs
    $52,304
    Other
    $0
    Hours/week
    4 + 4 related

  • Helen W Drexler

    PRESIDENT AND CHIEF EXECUTIVE OFFICER

    Total calculated
    $1,520,623
    From this org
    $214,702
    From related orgs
    $1,216,642
    Other
    $89,279
    Hours/week
    7 + 38 related

    Schedule J breakdown matched by us

    Base
    $117,824 + $667,668 related
    Bonus
    $93,599 + $530,393 related
    Other
    $3,279 + $18,581 related
    Deferred
    $11,036 + $62,536 related
    Nontaxable benefits
    $2,356 + $13,351 related
    Filer's total
    $228,094 + $1,292,529 related

  • Adam Haynes

    TRUSTEE

    Total calculated
    $42,000
    From this org
    $42,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    4

  • John Kurath

    TRUSTEE

    Total calculated
    $40,500
    From this org
    $40,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    4

  • Leo Tokar

    TRUSTEE

    Total calculated
    $36,808
    From this org
    $36,808
    From related orgs
    $0
    Other
    $0
    Hours/week
    4

  • Russell Hedman

    TRUSTEE

    Total calculated
    $33,750
    From this org
    $33,750
    From related orgs
    $0
    Other
    $0
    Hours/week
    4

  • Keith W Phillips

    CHIEF FINANCIAL OFFICER

    Total calculated
    $191,502
    From this org
    $16,509
    From related orgs
    $166,921
    Other
    $8,072
    Hours/week
    4 + 41 related

    Schedule J breakdown matched by us

    Base
    $12,409 + $125,464 related
    Bonus
    $0
    Other
    $4,100 + $41,457 related
    Deferred
    $419 + $4,235 related
    Nontaxable benefits
    $308 + $3,110 related
    Filer's total
    $17,236 + $174,266 related

  • Brent D Troxell

    DIRECTOR-PRODUCT GROWTH & INTEGRATION

    Total calculated
    $231,580
    From this org
    $9,432
    From related orgs
    $179,216
    Other
    $42,932
    Hours/week
    2 + 43 related

    Schedule J breakdown matched by us

    Base
    $8,281 + $167,704 related
    Bonus
    $1,007 + $10,070 related
    Other
    $144 + $1,442 related
    Deferred
    $803 + $15,251 related
    Nontaxable benefits
    $1,344 + $25,534 related
    Filer's total
    $11,579 + $220,001 related

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 · Independent compensation consultant
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 5b · Pay contingent on a related organization's revenues
  • 6b · Pay contingent on a related organization's net earnings

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
  • 6a · Pay contingent on this organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

SCHEDULE J, PART I, LINE 5B COMPENSATION CONTINGENT ON REVENUES OF A RELATED ORGANIZATION
THE COMPANY DOESN'T HAVE DIRECT STATUTORY EMPLOYEES BUT RECEIVES ALLOCATIONS FROM EMPLOYEES OF A RELATED ENTITY FOR SERVICES PROVIDED TO THE COMPANY. THE RELATED COMPANY MAINTAINS AN INCENTIVE COMPENSATION PLAN AND A LONG-TERM INCENTIVE PLAN WHICH PROVIDE ANNUAL BONUSES FOR ELIGIBLE EMPLOYEES IF THE COMPANY REACHES CERTAIN GOALS, INCLUDING A MINIMUM NET GAIN GOAL. THE COMPANY ALSO MAINTAINS A SEPARATE LONG-TERM INCENTIVE PROGRAM FOR CERTAIN EXECUTIVES AND KEY EMPLOYEES. THE LONG-TERM INCENTIVE PROGRAM HAS THREE-YEAR TARGETS AND PROVIDES AN ANNUAL BONUS FOR ELIGIBLE EMPLOYEES IF THE RELATED ENTITIES REACH CERTAIN GOALS, INCLUDING EBIDTA AND INCREASES IN REVENUE. FOR THE PLAN YEAR ENDING DECEMBER 31, 2025 COMPENSATION WAS PAID IN MARCH OF 2026.
SCHEDULE J, PART I, LINE 6B COMPENSATION CONTINGENT ON NET EARNINGS OF A RELATED ORGANIZATION
SEE NARRATIVE FOR LINE 5B ABOVE.

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

No itemized grants to organizations on this return.

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.

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.

  • ENSEMBLE COMMUNITY IMPACT FUND

    INVESTMENTS IN COMPANIES THAT IMPROVE COMMUNITY HEALTH AND WELLNESS · CO · income $65,778 · assets $12,695,377

    Directly controlled by ENSEMBLE INNOVATION VENTURES

Related corporations and trusts

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

  • BETA HEALTH ASSOCIATION

    C CORPORATION · PROVIDES NON-INSURED DENTAL BENEFITS TO SUPPORT DENTAL INSURANCE CARRIERS · CO · 100% owned

    Directly controlled by ENSEMBLE INNOVATION VENTURES

  • EMBER ASSURANCE INC

    C CORPORATION · MARKET AND ADMINISTER VISION INSURANCE PRODUCTS · CO · 100% owned

    Directly controlled by ENSEMBLE INNOVATION VENTURES

Provenance

Return type
form_990
Tax year
2025
Filed
23 September 2026
IRS schema version
2025v4.2
Source object
202612669349301201

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