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Colorado Springs Utilities Foundation

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

EIN: 208643063 ✦ Colo springs, CO ✦ Designated as a 501(c)(3)

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Overview

What is Colorado Springs Utilities Foundation?

Colorado Springs Utilities Foundation is a nonprofit organization dedicated to serving the community connected to Colorado Springs Utilities, as well as those significantly impacted by its operations. Their primary mission is to operate for public, charitable, or educational purposes, working towards the betterment of their community. One of their initiatives is Project COPE, which provides emergency financial assistance for utility bills to 645 households, benefiting 822 children and 1,028 adults, in partnership with nine local nonprofit agencies. This program ensures families can keep their energy and water services active during times of need.


Official website here: www.projectcopecs.org/

Is Colorado Springs Utilities Foundation legitimate?

Colorado Springs Utilities Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Colorado Springs Utilities Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.projectcopecs.org/

What is the mission statement of Colorado Springs Utilities Foundation?

The Colorado Springs Utilities Foundation operates exclusively for charitable, educational, or public purposes, aiming to benefit the community linked to Colorado Springs Utilities and those significantly impacted by its operations. Their mission is to operate in a manner that benefits this community, ensuring that they can carry out their tasks effectively. One of their initiatives is the Project COPE program, which provides emergency financial aid for utility bills to residential customers of Colorado Springs Utilities. Through collaborations with nine nonprofit agencies, the foundation offered assistance to 645 households, helping 822 children and 1,028 adults maintain their energy and water services.


Official website here: www.projectcopecs.org/

Who is the CEO of Colorado Springs Utilities Foundation?

Tristan Gearhart is the Director of Colorado Springs Utilities Foundation.


Official website here: www.projectcopecs.org/

What is the revenue of Colorado Springs Utilities Foundation?

Colorado Springs Utilities Foundation's revenue in 2022 was $1,186,701.


Official website here: www.projectcopecs.org/

Who are the executives of Colorado Springs Utilities Foundation and what are their salaries?


Here are 8 key members and their salaries:


Travas Deal (Director)
  • Compensation: $0
  • Related: $334,127
  • Other: $66,706
Tristan Gearhart (Treasurer)
  • Compensation: $0
  • Related: $310,589
  • Other: $66,693
Mike Francolino (President (Effective 05/2022))
  • Compensation: $0
  • Related: $286,720
  • Other: $85,186
Renee Adams (Director)
  • Compensation: $0
  • Related: $253,658
  • Other: $106,365
Natalie Lovell (Secretary (Effective 10/2022))
  • Compensation: $0
  • Related: $158,214
  • Other: $62,878
Melissa Noble (Former President)
  • Compensation: $0
  • Related: $157,848
  • Other: $1,866
Mallorie Hansen (Secretary (05/22-10/22))
  • Compensation: $0
  • Related: $100,722
  • Other: $32,755
Rob Osborn (Former Secretary)
  • Compensation: $0
  • Related: $38,213
  • Other: $6,966


Official website here: www.projectcopecs.org/

Where can I find the form 990 for Colorado Springs Utilities Foundation?

Colorado Springs Utilities Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.projectcopecs.org/

Learn more at the official website: www.projectcopecs.org/

Mission Statement of Colorado Springs Utilities Foundation

The Colorado Springs Utilities Foundation is a nonprofit organization dedicated to serving the community with a mission to operate for public, charitable, or educational purposes, aiming to benefit the residents and those significantly impacted by the operations of Colorado Springs Utilities. The foundation's activities are centered around providing assistance to those in need, as demonstrated through its Project COPE program. This program offers emergency utility bill financial aid to residential customers of Colorado Springs Utilities, partnering with nine nonprofit agencies to provide assistance to 645 households, benefiting 822 children and 1,028 adults, ensuring they can maintain their essential energy and water services. By supporting the Colorado Springs Utilities community in various ways, the foundation plays a significant role in enhancing the lives of its residents and those affected by the utility's operations.

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Impact




October, 2024

The Colorado Springs Utilities Foundation has made a significant impact on the community by providing essential support for those in need. Through the Project Cope program, it has delivered emergency utility bill financial assistance to residential customers facing challenges. This initiative has successfully aided 645 households, ensuring that 822 children and 1,028 adults have been able to maintain their energy and water services. By partnering with nine local agencies, the foundation has effectively addressed urgent needs within the Colorado Springs community, demonstrating a commitment to enhancing the quality of life for residents significantly affected by the operations of Colorado Springs Utilities.




This information is meant to be a general summary of Colorado Springs Utilities Foundation. 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
$1,186,701 (2022)
Expenses
$455,020 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $16,974
  • Gross Receipts: $1,186,701

Assets and Liabilities:

  • Total Assets: $3,477,939
  • Total Liabilities: $12,179
  • Net Assets: $3,465,760

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Organization Details

Founding Year

2007

Principal Officer

Tristan Gearhart

Main Address

121 S Tejon Street 5th Floor, Colo Springs, CO, 80903

NTEE Category

Code: X11 - Religion related

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