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Cortez Retail Enhancement Association

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 204812140 ✦ Cortez, CO ✦ Designated as a 501(c)(6)

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Overview

What is Cortez Retail Enhancement Association?

The Cortez Retail Enhancement Association is a nonprofit organization situated in Cortez, Colorado. Their primary aim is to boost the patronage of local businesses within the area. They achieve this by advertising, selling prepaid gift cards named "Cortez Cash," and sponsoring and promoting local events to draw in both local residents and tourists. These events serve as attractions, helping to increase the visibility and popularity of Cortez's businesses.


Official website here: www.shopcortez.com

Is Cortez Retail Enhancement Association legitimate?

Cortez Retail Enhancement Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Cortez Retail Enhancement Association submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $76,661
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.shopcortez.com

What is the mission statement of Cortez Retail Enhancement Association?

The Cortez Retail Enhancement Association works towards boosting business patronage by employing various strategies. They achieve this by advertising local businesses, selling prepaid gift cards called "Cortez Cash," and sponsoring and advertising local events to attract both local residents and tourists. The association's primary goal is to increase consumer traffic to these businesses, thereby enhancing their revenue and overall growth.

To accomplish this, the Cortez Retail Enhancement Association leverages advertising as a tool to expose businesses to a wider audience. In addition, they offer prepaid gift cards, which serve as a convenient and appealing incentive for consumers to support these businesses. Furthermore, by sponsoring and advertising local events, the association attracts both local residents and tourists, thereby boosting the visibility and appeal of the businesses.

In summary, the Cortez Retail Enhancement Association's mission is to foster business growth by increasing consumer traffic through advertising, selling prepaid gift cards, and sponsoring and advertising local events.


Official website here: www.shopcortez.com

Who is the CEO of Cortez Retail Enhancement Association?

Jeff Mobley is the President of Cortez Retail Enhancement Association.


Official website here: www.shopcortez.com

What is the revenue of Cortez Retail Enhancement Association?

Cortez Retail Enhancement Association's revenue in 2022 was $246,273.


Official website here: www.shopcortez.com

Who are the executives of Cortez Retail Enhancement Association and what are their salaries?

The average compensation at Cortez Retail Enhancement Association during 2022 was $76,661. There is 1 employee at Cortez Retail Enhancement Association.


Here are 8 key members and their salaries:


Andrea J Dillon (Executive Director)
  • Compensation: $0
  • Related: $73,200
  • Other: $0
Jeff Mobley (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brandon Shubert (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Glenn Leighton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Corin Wolf (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erin Hanson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brenda Hindmarsh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Aiken (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.shopcortez.com

Where can I find the form 990 for Cortez Retail Enhancement Association?

Cortez Retail Enhancement Association's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.shopcortez.com

Learn more at the official website: www.shopcortez.com

Mission Statement of Cortez Retail Enhancement Association

The Cortez Retail Enhancement Association, in its mission, aims to boost the patronage of businesses in various sectors. They accomplish this by engaging in advertising activities and promoting the use of prepaid gift cards, often referred to as "Cortez Cash." Additionally, the association actively supports and publicizes local events to attract both local residents and tourists, thereby increasing business opportunities.

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Impact




October, 2024

The Cortez Retail Enhancement Association significantly boosts the economic vitality of Cortez, Colorado by actively promoting local businesses. Through strategic advertising and the sale of prepaid gift cards called "Cortez Cash," it encourages local spending and support for merchants in the area. Additionally, by sponsoring and promoting various community events, the association not only attracts tourists but also fosters a sense of community among residents. This multifaceted approach enhances the visibility of Cortez businesses and contributes to a thriving local economy, ultimately improving the overall community experience.




This information is meant to be a general summary of Cortez Retail Enhancement Association. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$246,273 (2022)
Expenses
$216,971 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $98
  • Program Service Revenue: $8,000
  • Gross Receipts: $246,273

Assets and Liabilities:

  • Total Assets: $197,364
  • Total Liabilities: $21,490
  • Net Assets: $175,874

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Organization Details

Founding Year

2006

Principal Officer

Jeff Mobley

Main Address

928 E Main PO Box 1715, Cortez, CO, 81321

NTEE Category

Code: S41 - Community improvement

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