Totals
- Total revenue
- $11,204,758
- Total expenses
- $2,754,843
- Contributions and grants received
- $10,170,961
- Grants paid
- $2,105,215
- Program service revenue
- $50,640
- Investment income
- $996,024
- Other revenue
- -$12,867
- Total assets, end of year
- $33,567,303
- Total liabilities, end of year
- $828,884
- Net assets or fund balances, end of year
- $32,738,419
- Program services expenses (Part IX)
- $2,123,338
- Management and general expenses
- $367,309
- Fundraising expenses
- $264,196
- Program service expenses (Part III)
- $2,123,338
Program services were 77.1% 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.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$396,813
-
1d · Related organizations
$135,370
-
1e · Government grants (contributions)
$8,824,711
-
1f · All other contributions, gifts and grants
$814,067
-
2a · Program service revenue: PROGRAM RENTAL INCOME
total $50,640 · related or exempt $50,640
-
3 · Investment income
total $962,630 · excluded $962,630
-
7a · Gross sales of assets other than inventory
securities $3,045,579
-
7b · Less cost or other basis and sales expenses
securities $3,012,185
-
7c · Gain or loss
securities $33,394
-
7d · Net gain or loss
total $33,394 · excluded $33,394
-
8a · Fundraising events: gross income
$228,730
-
8a · Fundraising events: contributions included on line 1c
$396,813
-
8b · Fundraising events: direct expenses
$241,597
-
8c · Net income from fundraising events
total -$12,867 · excluded -$12,867
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $754,958 · program services $754,958
-
2 · Grants to domestic individuals
total $1,350,257 · program services $1,350,257
-
11f · Fees: investment management
total $29,405 · management and general $29,405
-
11g · Fees: other
total $385,649 · program services $6,393 · management and general $221,311 · fundraising $157,945
-
12 · Advertising and promotion
total $51,448 · program services $2,572 · management and general $24,695 · fundraising $24,181
-
13 · Office expenses
total $12,353 · program services $618 · management and general $5,929 · fundraising $5,806
-
16 · Occupancy
total $1,819 · management and general $1,819
-
22 · Depreciation, depletion and amortization
total $68,417 · program services $3,421 · management and general $32,840 · fundraising $32,156
-
23 · Insurance
total $28,451 · program services $1,423 · management and general $13,656 · fundraising $13,372
-
24e · All other expenses
total $72,086 · program services $3,696 · management and general $37,654 · fundraising $30,736
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $2,842,231 · end of year $3,364,798
-
3 · Pledges and grants receivable
beginning of year $45,494 · end of year $323,219
-
9 · Prepaid expenses and deferred charges
beginning of year $39,860 · end of year $14,295
-
10a · Land, buildings and equipment: cost or other basis
$2,324,781
-
10b · Land, buildings and equipment: accumulated depreciation
$2,038,345
-
10c · Land, buildings and equipment, net
beginning of year $354,853 · end of year $286,436
-
11 · Investments: publicly traded securities
beginning of year $20,302,108 · end of year $23,579,241
-
12 · Investments: other securities
beginning of year $5,744,789 · end of year $5,610,836
-
15 · Other assets
beginning of year $399,898 · end of year $388,478
-
17 · Accounts payable and accrued expenses
beginning of year $172,634 · end of year $142,309
-
18 · Grants payable
beginning of year $468,012 · end of year $321,152
-
19 · Deferred revenue
beginning of year $321,544 · end of year $321,544
-
25 · Other liabilities
beginning of year $6,768,421 · end of year $43,879
-
27 · Net assets without donor restrictions
beginning of year $6,222,980 · end of year $7,785,631
-
28 · Net assets with donor restrictions
beginning of year $15,775,642 · end of year $24,952,788
Mission and programs · 2023
Mission
WELD LEGACY FOUNDATION PHILANTHROPICALLY CONTRIBUTES TO ENHANCE THE HEALTH AND EDUCATION QUALITY OF CITIZENS OF WELD COUNTY. THROUGH GRANTS TO NONPROFIT ORGANIZATIONS, SCHOOLS, AND GOVERNMENT ENTITIES, THE FOUNDATION AIMS TO POSITIVELY IMPACT THE EDUCATION AND WELLNESS OF WELD COUNTY.
Activities or mission (Part I)
TO POSITIVELY IMPACT THE HEALTH, EDUCATION, AND WELLNESS OF WELD COUNTY.
-
VARIOUS GRANTS ARE MADE TO ENHANCE WELD LEGACY FOUNDATION'S ABILITY TO DELIVER HEALTHCARE TO THE NORTHERN COLORADO COMMUNITY. OTHER LOCAL NONPROFIT ORGANIZATIONS ALSO BENEFIT FROM GRANTS MADE BY THE WELD LEGACY FOUNDATION.
Expenses $2,024,734 · Grants $2,010,215
-
MONFORT CHILDREN'S CLINIC THIS PROGRAM PROVIDES HEALTHCARE TO THE CHILDREN OF LOW-INCOME FAMILIES IN WELD COUNTY AND AVERAGES 6,000 PATIENTS AND 13,000 VISITS PER YEAR. IT IS OWNED BY THE FOUNDATION AND WAS OPERATED BY THE FOUNDATION UNTIL OCTOBER 2001. AT THAT TIME, SUNRISE COMMUNITY HEALTH CENTER, AN UNRELATED TAX-EXEMPT ORGANIZATION, LEASED THE CLINIC AND ASSUMED RESPONSIBILITY FOR DAY-TODAY- OPERATIONS.
Expenses $3,604 · Revenue $50,640
-
CURTIS STRONG CENTER FOR THE VISUALLY IMPAIRED - THIS PROGRAM WAS ESTABLISHED IN AUGUST 2004 TO MAXIMIZE REMAINING VISION WHEN THE PATIENT'S VISION CANNOT BE CORRECTED OR MEDICALLY OR SURGICALLY RESTORED. THE CENTER PROVIDES AN ASSESSMENT OF VISION LOSS, IDENTIFIES AIDS TO OPTIMIZE REMAINING VISION, AND OFFERS EDUCATION ON THE USE OF THE DEVICES AS WELL AS LIFE SKILLS AND MOBILITY TRAINING. THE CENTER IS SUPPORTED BY THE FOUNDATION AND IS OPERATED BY ENSIGHT SKILLS CENTER, AN UNRELATED THIRD PARTY.
Expenses $95,000 · Grants $95,000
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Tom GrantTOM GRANT
PRESIDENT & CHAIR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Brandon HoutchensBRANDON HOUTCHENS
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Robert MurphyROBERT MURPHY
TREASURER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Mark LawleyMARK LAWLEY
SECRETARY
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Vicki Wilson PhD RNVICKI WILSON PHD RN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Mike SimoneMIKE SIMONE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Travis GillmoreTRAVIS GILLMORE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Rose StollerROSE STOLLER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Jason YeaterJASON YEATER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
John DollarhideJOHN DOLLARHIDE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Timothy BryntesonTIMOTHY BRYNTESON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Jeffrey CarlsonJEFFREY CARLSON
CHIEF EXECUTIVE OFFICER
- Total calculated
- $57,069
- From this org
- $0
- From related orgs
- $51,412
- Other
- $5,657
- Hours/week
- 10 + 40 related
-
Ramon SerranoRAMON SERRANO
CHIEF FINANCIAL OFFICER
- Total calculated
- $40,298
- From this org
- $0
- From related orgs
- $35,988
- Other
- $4,310
- Hours/week
- 10 + 40 related
-
Mike BondMIKE BOND
CHIEF OPERATING OFFICER
- Total calculated
- $46,473
- From this org
- $0
- From related orgs
- $40,333
- Other
- $6,140
- Hours/week
- 10 + 40 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.
Grants on this return
-
NORTH COLORADO MEDICAL CENTER
$306,869
VARIOUS DEPT. SUPPORT ITEMS
-
$95,000
OPERATIONAL SUPPORT
-
LIFEMED SAFETY INC
$41,804
PATIENT SUPPORT
-
BANNER IMAGING SERVICES COLORADO LLC
$30,376
PATIENT SUPPORT
-
BARTON CAREY MEDICAL PRODUCTS
$12,666
PATIENT ASSISTANCE
-
NICHE DESIGN HOUSE
$6,599
OPERATIONAL SUPPORT
-
BANNER HOME CARE
$5,910
PATIENT ASSISTANCE
-
WHITE ORCHARDS LLC
$5,607
OPERATIONAL SUPPORT
-
$5,401
PATIENT SUPPORT
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.
-
501(C)(3) · ENHANCE THE HEALTH AND EDUCATION OF WELD COUNTY · CO
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.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
CHARITABLE LEAD TRUST
CHARITABLE LEAD TRUST · CO · controlled entity
-
SPLIT INTEREST TRUST
SPLIT INTEREST TRUST · CO · controlled entity
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 14 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202423209349309532
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