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Nonprofiteer
← USED CAR DEALERS OF COLORADO CHARITY FUND INC

Form 990 for tax year 2025

Filed by USED CAR DEALERS OF COLORADO CHARITY FUND INC.

Totals

Total revenue
$315,001
Total expenses
$260,349
Contributions and grants received
$308,473
Grants paid
$247,428
Program service revenue
$0
Investment income
$65,886
Other revenue
-$59,358
Total assets, end of year
$1,712,215
Total liabilities, end of year
$106,450
Net assets or fund balances, end of year
$1,605,765
Program services expenses (Part IX)
$247,428
Management and general expenses
$12,921
Fundraising expenses
$0
Program service expenses (Part III)
$247,428

Program services were 95.0% 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.

  • 1c · Fundraising events

    $308,473

  • 1g · Noncash contributions included above

    $67,618

  • 3 · Investment income

    total $65,931 · excluded $65,931

  • 7a · Gross sales of assets other than inventory

    securities $1,114,383

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

    securities $1,114,428

  • 7c · Gain or loss

    securities -$45

  • 7d · Net gain or loss

    total -$45 · excluded -$45

  • 8a · Fundraising events: gross income

    $136,897

  • 8a · Fundraising events: contributions included on line 1c

    $308,473

  • 8b · Fundraising events: direct expenses

    $196,255

  • 8c · Net income from fundraising events

    total -$59,358 · excluded -$59,358

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $185,066 · program services $185,066

  • 2 · Grants to domestic individuals

    total $62,362 · program services $62,362

  • 11c · Fees: accounting

    total $3,842 · management and general $3,842

  • 11f · Fees: investment management

    total $4,533 · management and general $4,533

  • 11g · Fees: other

    total $75 · management and general $75

  • 12 · Advertising and promotion

    total $1,370 · management and general $1,370

  • 13 · Office expenses

    total $602 · management and general $602

  • 14 · Information technology

    total $458 · management and general $458

  • 19 · Conferences, conventions and meetings

    total $846 · management and general $846

  • 23 · Insurance

    total $500 · management and general $500

  • 24a · Other expenses: DUES AND SUBSCRIPTIONS

    total $594 · management and general $594

  • 24b · Other expenses: BANK SERVICE CHARGES

    total $101 · management and general $101

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $186,862 · end of year $356,565

  • 4 · Accounts receivable

    beginning of year $25,053 · end of year $11,465

  • 11 · Investments: publicly traded securities

    beginning of year $1,332,932 · end of year $1,343,771

  • 15 · Other assets

    beginning of year $12,814 · end of year $414

  • 18 · Grants payable

    end of year $106,000

  • 25 · Other liabilities

    beginning of year $4,109 · end of year $450

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $1,553,552 · end of year $1,605,765

Mission and programs · 2025

Mission

THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE, RELIGIOUS, EDUCATIONAL, AND SCIENTIFIC PURPOSES, INCLUDING, FOR SUCH PURPOSES, THE MAKING OF DISTRIBUTIONS TO ORGANIZATIONS THAT QUALIFY AS EXEMPT ORGANIZATIONS DESCRIBED UNDER I.R.C. SECTION 501(C)(3). THE CORPORATION'S PURPOSE IS TO REPRESENT THE GOODWILL OF INDEPENDENT USED CAR DEALERS TO HELP ALL COLORADO COMMUNITIES WITH AID, SCHOLARSHIPS AND SUPPORT IN ORDER TO MAKE A POSITIVE DIFFERENCE WITH FAMILIES OF COLORADO.

Activities or mission (Part I)

TO REPRESENT THE GOODWILL OF INDEPENDENT USED CAR DEALERS TO HELP ALL COLORADO COMMUNITIES WITH AID, SCHOLARSHIPS AND SUPPORT IN ORDER TO MAKE A POSITIVE DIFFERENCE WITH FAMILIES OF COLORADO.

  • ELEVEN SCHOLARSHIPS OF $2,500 EACH PAID TO RECIPIENTS ATTENDING COLORADO STATE UNIVERSITY (2), METRO STATE UNIVERSITY, PUEBLO COMMUNITY COLLEGE, UNIVERSITY OF COLORADO BOULDER (4), UNIVERSITY OF DENVER (2), AND THE UNIVERSITY OF OKLAHOMA.

    Expenses $27,500 · Grants $27,500

  • CASH DONATIONS TO COLORADO BASED 501(C)(3) ENTITIES

    Expenses $185,066 · Grants $185,066

  • CASH DONATIONS TO INDIVIDUALS.

    Expenses $34,862 · Grants $34,862

As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Mike Whistance

    PRESIDENT

    Total calculated
    $0
    Hours/week
    3

  • Mike Widhalm

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1.5

  • Bart Barnett

    SECRETARY

    Total calculated
    $0
    Hours/week
    1.5

  • Joe Fuentes

    TREASURER

    Total calculated
    $0
    Hours/week
    1.5

  • Stan Martin

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5

  • Dean Gunter

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5

  • Teshome Tesfaye

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5

  • Tom Smith

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5

  • Ajet Zalli

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5

  • Brian Karsh

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5

  • John Lindberg

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5

  • Michael Hatchett

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5

  • Dan Berkenkotter

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5

  • Kristi Newbins

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5

  • Mark Weida

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5

  • David Cardella

    CEO

    Total calculated
    $0
    Hours/week
    10

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.

Grants 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.

Provenance

Return type
form_990
Tax year
2025
Filed
10 September 2026
IRS schema version
2025v4.2
Source object
202602539349301770

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