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Chaffee County Economic Development Corporation

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

EIN: 271843812 ✦ Salida, CO ✦ Designated as a 501(c)(6)

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Overview

What is Chaffee County Economic Development Corporation?

Chaffee County Economic Development Corporation (CCEDC) is a dynamic nonprofit organization based in Salida, Colorado. Their mission is to foster a business-friendly environment, encouraging job retention, expansion, and creation within the county. Over the past year, CCEDC has made significant strides, recruiting numerous business advisors and expanding their mentor network. They have also grown their social media following and hosted events to connect local entrepreneurs with investors. One of their most notable accomplishments was the successful launch of their Ascent business accelerator program, which selected and trained a cohort of 10 businesses. CCEDC continues to develop local investor networks and plan for future events to further support local businesses.


Official website here: www.chaffeecountyedc.com

Is Chaffee County Economic Development Corporation legitimate?

Chaffee County Economic Development Corporation is a legitimate nonprofit organization registered as a 501(c)(6) entity. Chaffee County Economic Development Corporation 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: $109,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,138

For more financial information, click here


Official website here: www.chaffeecountyedc.com

What is the mission statement of Chaffee County Economic Development Corporation?

The Chaffee County Economic Development Corporation's mission is to promote the growth and sustainability of businesses within its jurisdiction. This is achieved by ensuring the county is business-friendly, encouraging job retention, expansion, and creation. The organization actively recruits and onboards business advisors, grows its online presence, and hosts events to engage with the local entrepreneurial community. It also provides a mentor network and an accelerator program to support local businesses. Furthermore, the corporation collaborates with local investor networks to facilitate funding for these businesses.


Official website here: www.chaffeecountyedc.com

Who is the CEO of Chaffee County Economic Development Corporation?

David Blazer is the Executive Director of Chaffee County Economic Development Corporation.


Official website here: www.chaffeecountyedc.com

What is the revenue of Chaffee County Economic Development Corporation?

Chaffee County Economic Development Corporation's revenue in 2022 was $337,507.


Official website here: www.chaffeecountyedc.com

Who are the executives of Chaffee County Economic Development Corporation and what are their salaries?

The average compensation at Chaffee County Economic Development Corporation during 2022 was $56,319. There are 2 employees and 50 volunteers at Chaffee County Economic Development Corporation.


Here are 20 key members and their salaries:


Jacob Rishavy (Executive Director)
  • Compensation: $109,500
  • Related: $0
  • Other: $0
David Blazer (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Smith (Vice-Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gwen Allen (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erik Young (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carlin Walsh (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charlie Chupp (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Post (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Kelly (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Mccarty (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Morasko (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Moltz (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amanda Krost (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Georgie Craig (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ben Cairns (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rob Simpson (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Parnell-Rowe (Pblc Sec Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Drew Nelson (Pblc Sec Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Berger (Pblc Sec Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pt Wood (Pblc Sec Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.chaffeecountyedc.com

Where can I find the form 990 for Chaffee County Economic Development Corporation?

Chaffee County Economic Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.chaffeecountyedc.com

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

Mission Statement of Chaffee County Economic Development Corporation

The Chaffee County Economic Development Corporation is committed to ensuring that Chaffee County is an inviting environment for businesses. Its mission is to foster the retention, expansion, and creation of job opportunities within the region. The organization actively works towards achieving this goal by engaging local and statewide business advisors through its Mentor Network and hosting events. The EDC also offers business accelerator programs, such as Ascent, which provide training, mentorship, and networking opportunities for aspiring entrepreneurs. Furthermore, the corporation actively seeks to engage investors in supporting local businesses through initiatives like Central Mountain Angels. In summary, the Chaffee County Economic Development Corporation plays a crucial role in promoting business growth and job creation in the region by offering mentorship, training, and investment opportunities.

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Impact




October, 2024

The Chaffee County Economic Development Corporation (EDC) significantly impacts the local economy and community by fostering a vibrant business environment. Its initiatives focus on retaining, expanding, and creating jobs, ensuring that Chaffee County remains open for business.

In a short time frame from January to March 2022, the EDC expanded its Mentor Network, onboarding over 25 local and statewide business advisors, thereby enhancing resources available to entrepreneurs and emerging businesses. The successful launch event, "Driven By Nature: A Celebration of Makers and Doers," drew 125 attendees, showcasing the local entrepreneurial spirit and strengthening community ties.

The Ascent business accelerator program plays a pivotal role in nurturing local businesses. In early 2022, the EDC vetted 10 businesses for the program and conducted weekly trainings on essential business strategies, including Lean Canvas and Goal Setting. Ongoing mentoring interactions have already exceeded 15, providing participants with tailored guidance from experienced advisors.

Investment support is also a focal point, illustrated by the establishment of the Central Mountain Angels, which has evolved into Ark_Angels, facilitating connections between local investors and startups. By securing $355,000 in investments for local businesses through pitch events, the EDC actively promotes economic growth and job creation.

Educational initiatives further amplify this impact. For instance, the panel at Denver Startup Week showcased the local ecosystem, enhancing visibility for Chaffee County startups. The EDC's commitment to refining its programs ensures responsiveness to the needs of the business community.

By actively engaging with entrepreneurs, investors, and local stakeholders, the Chaffee County Economic Development Corporation not only supports job creation but also cultivates a robust entrepreneurial ecosystem that benefits the entire community.




This information is meant to be a general summary of Chaffee County Economic Development Corporation. 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
$337,507 (2022)
Expenses
$327,109 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $15
  • Gross Receipts: $337,507

Assets and Liabilities:

  • Total Assets: $144,055
  • Total Liabilities: $14,673
  • Net Assets: $129,382

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Organization Details

Founding Year

2010

Principal Officer

David Blazer

Main Address

PO Box 1011, Salida, CO, 81201

NTEE Category

Code: S41 - Community improvement

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