COLORADO ENTERPRISE FUND INC

As filed

Subsection

03

NTEE code

S31Z

Classification

1000

Street

1888 N SHERMAN ST STE 530

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

• SMALL BUSINESS LENDING - CEF AGGREGATES AND LEVERAGES CAPITAL TO SPUR INVESTMENT AND BUILD CAPACITY FOR THOSE WHO LACK ACCESS TO CONVENTIONAL FINANCING AND ENTREPRENEURIAL NETWORKS, SPECIFICALLY TARGETING UNDERSERVED SMALL BUSINESS OWNERS. CEF PROVIDES FINANCING OPTIONS WHEN BANKS CANNOT LEND OR CANNOT LEND ENOUGH, SPECIALIZING IN LOANS UP TO 1,000,000 FOR NEW AND EXISTING SMALL BUSINESSES AND COMMUNITY ENTERPRISES THROUGHOUT COLORADO. CEF CATALYZES BUSINESS OWNERSHIP AND JOB CREATION BY OFFERING FLEXIBLE FINANCING PRODUCTS, PERSONALIZED CLIENT SUPPORT, ONE-ON-ONE BUSINESS COACHING, AND ACCESS TO ADDITIONAL RESOURCES FOR ENTREPRENEURS.

  Expenses $6,824,445 · Revenue $3,851,352

• CEF PARTICIPATES IN NEW MARKETS TAX CREDIT (NMTC) PROJECTS BY PROVIDING PROGRAMMATIC AND ADMINISTRATIVE SERVICES TO PROJECT ENTITIES. CEF'S REVENUE FROM NMTC PROJECTS CONSISTS PRIMARILY OF PROGRAM FEES AND CLOSING FEES, WHICH ARE CONTRACTUALLY SPECIFIED AND PAID BY THE PROJECT ENTITIES IN EXCHANGE FOR SERVICES RENDERED, AND THE EXPENSES CONSIST OF CLOSING FEES PAID TO A SPECIALIZED CONSULTING AGENCY THAT ASSISTS WITH THE FACILITATION AND CLOSING OF NMTC PROJECTS.

  Expenses $1,620,000 · Revenue $3,608,740

• DURING 2025 AND 2024, CEF CONTINUED TO PARTICIPATE IN PROGRAMS TO ADMINISTER GRANTS TO SMALL BUSINESSES AFFECTED BY ECONOMIC HARDSHIP CAUSED BY THE COVID-19 PANDEMIC, FUNDED BY THE STATE OF COLORADO, THE CARES ACT, AND THE AMERICAN RESCUE PLAN ACT (ARPA). BECAUSE OF CEF'S INVOLVEMENT IN GRANTMAKING ACTIVITIES FOR THESE PROGRAMS, GRANT REVENUE AND GRANT EXPENSES ARE REPORTED IN THE STATEMENTS OF ACTIVITIES.

  Expenses $413,701 · Grants $413,701

As filed on the 2024 return.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

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. Earlier years are each on their own filing page.

Filings

• 2024

  Revenue

  $12,460,528

  Expenses

  $11,606,580

  Contributions

  $3,683,564

  Grants paid

  $413,701

• 2023

  Revenue

  $24,012,822

  Expenses

  $13,173,847

  Contributions

  $17,688,634

  Grants paid

  $3,252,816

• 2022

  Revenue

  $18,269,112

  Expenses

  $10,805,892

  Contributions

  $12,136,951

  Grants paid

  $1,600,077

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2021 · 990

  Revenue

  $16,879,154

  Expenses

  $10,206,734

  Assets (EOY)

  $67,369,528

• 2020 · 990

  Revenue

  $21,255,608

  Expenses

  $11,100,095

  Assets (EOY)

  $82,518,626

• 2019 · 990

  Revenue

  $9,333,574

  Expenses

  $9,121,625

  Assets (EOY)

  $62,851,045

• 2018 · 990

  Revenue

  $4,526,557

  Expenses

  $4,463,245

  Assets (EOY)

  $33,955,191

• 2017 · 990

  Revenue

  $3,945,239

  Expenses

  $3,893,652

  Assets (EOY)

  $32,202,584

• 2017 · 990

  Revenue

  $3,945,239

  Expenses

  $3,893,652

  Assets (EOY)

  $32,202,584

• 2016 · 990

  Revenue

  $5,456,193

  Expenses

  $3,260,104

  Assets (EOY)

  $27,319,981

• 2015 · 990

  Revenue

  $4,507,711

  Expenses

  $3,287,227

  Assets (EOY)

  $22,727,149

• 2014 · 990

  Revenue

  $2,898,956

  Expenses

  $2,874,986

  Assets (EOY)

  $18,836,116

• 2013 · 990

  Revenue

  $3,683,707

  Expenses

  $2,557,137

  Assets (EOY)

  $19,371,233

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

• ARKANSAS VALLEY ADVENTURES LLC

  $100,000

  2023 · DISASTER RECOVERY

• AVID4 ADVENTURE INC

  $100,000

  2023 · DISASTER RECOVERY

• BIG AGNES INC

  $100,000

  2023 · DISASTER RECOVERY

• COLORADO MOUNTAIN CLUB

  $100,000

  2023 · DISASTER RECOVERY

• MEIER LLC

  $100,000

  2023 · DISASTER RECOVERY

• POUDRE LEARNING CENTER FOUNDATION

  $100,000

  2023 · DISASTER RECOVERY

• QUIKRSTUFF LLC

  $100,000

  2023 · DISASTER RECOVERY

• YOUNG MEN'S CHRISTIAN ASSOCIATION O

  $100,000

  2023 · DISASTER RECOVERY

• YMCA OF THE ROCKIES

  $99,899

  2023 · DISASTER RECOVERY

• OVEJA NEGRA

  $99,350

  2023 · DISASTER RECOVERY

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

Where these grants went next →

Grants received

• GS DONOR ADVISED PHILANTHROPY FUND FOR WEALTH MANAGEMENT INC

  $7,000,000

  2024 · MEDICAL / PUBLIC SERVICES

• THE ASPEN INSTITUTE INC

  $167,500

  2023 · SUPPORT COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS

• OPPORTUNITY FINANCE NETWORK

  $150,000

  2022 · FINANCE JUSTICE FUND SUBGRANT

• THE ASPEN INSTITUTE INC

  $100,000

  2022 · SUPPORT COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS

• THE ASPEN INSTITUTE INC

  $43,632

  2024 · JOB QUALITY IMPROVEMENT AMONG US SMALL BUSINESSES

• AMERICAN ENDOWMENT FOUNDATION

  $35,000

  2024 · GENERAL OPERATING SUPPORT

• PEOPLEFUND

  $33,500

  2022 · SUPPORT LENDING AND EDUCATION SERVICES TO UNDERSERVED SMALL BUSINESSES

• NEBRASKA COMMUNITY FOUNDATION

  $25,000

  2024 · 2024 IMPACT GRANT

• NEBRASKA COMMUNITY FOUNDATION

  $20,000

  2023 · WORKFORCE DEVELOPMENT SUPPORT

• DENVER FOUNDATION

  $0

  2022 · ECONOMIC DEVELOPMENT

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

Taxable family

From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.

Other IRS files