Overview
What is Colorado Community Revitalization Assn?
The Colorado Community Revitalization Assn, operating as Downtown Colorado Inc, is a nonprofit organization situated in Denver, Colorado. Their primary mission is to enhance and revitalize traditional commercial districts within the context of historical preservation. They achieve this goal by providing education, advocacy, and collaboration to downtowns, commercial districts, and town centers across Colorado. By doing so, they strive to build better communities, ultimately contributing to the overall improvement of these areas. With a team of four dedicated individuals, the organization is committed to this cause, utilizing their resources and expertise to promote sustainable growth and development in Colorado.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 71%, earning a Two-Star out of Four Star rating. The rating reflects a moderate level of accountability and financial health, but indicates that the organization may have areas needing improvement to reach a higher rating.
The Colorado Community Revitalization Association demonstrates strong governance practices, with a fully independent board and no material diversion of assets. The organization has a high program expense ratio of 87.60%, suggesting that a significant portion of its funding is directed toward its programs rather than overhead costs. Additionally, they maintain a clear conflict of interest policy and document board meeting minutes, indicating solid transparency.
However, the overall Two-Star rating suggests that while the organization is performing adequately, there may be further enhancements needed, particularly in financial management and operational effectiveness. Stakeholders may want to keep an eye on ongoing developments to assess the organization’s progress in these areas.
This AI summary has been generated from information found on Charity Navigator.
Is Colorado Community Revitalization Assn legitimate?
Colorado Community Revitalization Assn is a legitimate nonprofit organization registered as a 501(c)(3) entity. Colorado Community Revitalization Assn 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: $107,741
Professional Fundraising Fees: $0
Other Salaries and Wages: $175,176
For more financial information, click here
What is the mission statement of Colorado Community Revitalization Assn?
The Colorado Community Revitalization Assn is dedicated to enhancing communities by offering assistance to downtown areas, commercial districts, and town centers. They achieve this goal through education, advocacy, sharing information, and fostering collaboration. Their mission is centered around revitalizing traditional commercial districts while preserving historical elements, contributing to the betterment of communities across Colorado.
Who is the CEO of Colorado Community Revitalization Assn?
Katherine Correll is the Executive Director of Colorado Community Revitalization Assn.
What is the revenue of Colorado Community Revitalization Assn?
Colorado Community Revitalization Assn's revenue in 2022 was $543,992.
Who are the executives of Colorado Community Revitalization Assn and what are their salaries?
The average compensation at Colorado Community Revitalization Assn during 2022 was $70,729. There are 4 employees and 40 volunteers at Colorado Community Revitalization Assn.
Here are 10 key members and their salaries:
- Compensation: $107,741
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Where can I find the form 990 for Colorado Community Revitalization Assn?
Colorado Community Revitalization Assn's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Colorado Community Revitalization Assn
The Colorado Community Revitalization Assn is dedicated to enhancing communities across Colorado by offering assistance to traditional commercial districts and town centers. By employing education, advocacy, and the sharing of information, this organization collaborates with local stakeholders to revitalize these areas within the context of historical preservation. Their mission is to contribute positively to the communities they serve, aiming to improve the overall quality of life for residents and visitors alike. By focusing on downtowns, commercial districts, and town centers, the Colorado Community Revitalization Assn strives to foster a sense of community, promote economic growth, and preserve the unique character of each location.
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Impact
July, 2024
The Colorado Community Revitalization Assn has a significant impact on building better communities in Colorado by assisting downtowns, commercial districts, and town centers. Their focus on education, advocacy, information, and collaboration has led to the revitalization of traditional commercial districts within the context of historical preservation. This organization in Denver, Colorado, is dedicated to improving the overall community environment and economic vitality through their work.
This information is meant to be a general summary of Colorado Community Revitalization Assn. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $429,650
- Gross Receipts: $543,992
Assets and Liabilities:
- Total Assets: $139,365
- Total Liabilities: $30,372
- Net Assets: $108,993
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Conferences
Revenue
$154,808
Rural Education
Revenue
$12,400
Technical Assistance
Revenue
$91,184
Dev ImpUrban Renewal
Revenue
$106,258
Challenge Program
Revenue
$65,000
Organization Details
Founding Year
1981
Principal Officer
Katherine Correll
Main Address
1420 Ogden Street STE G1, Denver, CO, 80218
NTEE Category
Code: S31 - Community improvement
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