Overview
What is Denver Metro Chamber Leadership Foundation?
The Denver Metro Chamber Leadership Foundation is a prominent nonprofit organization situated in Denver, Colorado. Its primary mission is to educate and inspire individuals with aspirations to become impactful leaders in their community. With a history spanning over four decades, the foundation has been instrumental in cultivating strong, diverse leaders aligned with Colorado's civic values, such as inclusivity, collaboration, shared vision, leadership, and responsibility. The foundation, an affiliate of the Denver Metro Chamber of Commerce, serves as Colorado's premier leadership organization. Its programs and initiatives aim to equip emerging and recognized leaders with new skills, improve their understanding of local and state issues, and channel their individual passions towards creating positive changes in the community. The Denver Metro Chamber Leadership Foundation also promotes personal, career, and professional growth, ultimately benefiting participating companies. As of fiscal year 2023, the foundation's annual City-to-City Exchange, Leadership Exchange, generated a net revenue of 310,234, contributing to its overall mission.
Official website here: www.denverleadership.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% - Four-Star out of Four Star rating from Charity Navigator.
The Denver Metro Chamber Leadership Foundation has achieved an impressive 97% score, indicating strong financial accountability and transparency. The charity's governance is notably robust, with a board composed of 98% independent members, ensuring objective decision-making. Their financial practices are solid, evidenced by the absence of material diversion of assets and a commendable program expense ratio of 70.52%, highlighting a focus on programmatic spending.
In addition to strong financial metrics, the foundation has effectively implemented various policies to enhance accountability, such as a conflict of interest policy and a whistleblower policy. Their proactive approach in distributing tax forms to the board before filing demonstrates a commitment to oversight and governance best practices. The organization's fundraising efficiency is also commendable, with only $0.17 spent to raise each dollar, indicating effective fundraising strategies.
While the data reflects exceptional performance, it is essential for potential supporters to consider ongoing changes in the nonprofit landscape and to look for updated reports to ensure continued compliance and effectiveness. Overall, the foundation's high rating reflects its dedication to responsible financial management and governance.
This AI summary has been generated from information found on Charity Navigator.
Is Denver Metro Chamber Leadership Foundation legitimate?
Denver Metro Chamber Leadership Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Denver Metro Chamber Leadership 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: $295,392
Professional Fundraising Fees: $0
Other Salaries and Wages: $613,693
For more financial information, click here
Official website here: www.denverleadership.org
What is the mission statement of Denver Metro Chamber Leadership Foundation?
The Denver Metro Chamber Leadership Foundation's mission is focused on educating and inspiring individuals who aspire to become influential leaders in their community. Over the past four decades, the foundation has been instrumental in fostering strong, diverse leaders. The foundation's operations are guided by values that mirror those of the community, such as inclusivity, collaboration, shared vision, leadership, and responsibility, which it consistently upholds in its activities. An affiliate organization of the Denver Metro Chamber of Commerce, the foundation is recognized as Colorado's leading leadership organization. It equips both emerging and established leaders with the necessary skills, knowledge about local and state issues, and the passion to effect positive changes in their community. Moreover, the foundation promotes individual, career, and professional growth while creating value for participating companies.
Official website here: www.denverleadership.org
Who is the CEO of Denver Metro Chamber Leadership Foundation?
Jerome Davis is the President of Denver Metro Chamber Leadership Foundation.
Official website here: www.denverleadership.org
What is the revenue of Denver Metro Chamber Leadership Foundation?
Denver Metro Chamber Leadership Foundation's revenue in 2023 was $2,481,418.
Official website here: www.denverleadership.org
Who are the executives of Denver Metro Chamber Leadership Foundation and what are their salaries?
The average compensation at Denver Metro Chamber Leadership Foundation during 2023 was $64,935. There are 14 employees and 350 volunteers at Denver Metro Chamber Leadership Foundation.
Here are 51 key members and their salaries:
- Compensation: $200,226
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Official website here: www.denverleadership.org
Where can I find the form 990 for Denver Metro Chamber Leadership Foundation?
Denver Metro Chamber Leadership Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.denverleadership.org
Learn more at the official website: www.denverleadership.org
Mission Statement of Denver Metro Chamber Leadership Foundation
The Denver Metro Chamber Leadership Foundation, a distinguished affiliate organization of the Denver Metro Chamber of Commerce, has been cultivating strong, diverse leaders for over four decades. Guided by values that mirror Colorado's civic DNA, including inclusivity, collaboration, shared vision, leadership, and responsibility, the foundation's mission is to educate and inspire individuals who aspire to make a significant impact in their community. By preparing and connecting leaders from both the business and civic communities, the Denver Metro Chamber Leadership Foundation aims to fortify Colorado's future. The foundation offers a platform for emerging and recognized leaders to expand their skillset, deepen their understanding of local and state issues, and channel their personal motivation towards initiating constructive changes in the community. Furthermore, the Denver Metro Chamber Leadership Foundation fosters individual, career, and professional growth while generating value for participating companies.
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Impact
July, 2024
The Denver Metro Chamber Leadership Foundation has a significant impact on the community by educating and inspiring individuals to become effective leaders. Through programs like Leadership Exchange, which brings together business and civic leaders to discuss relevant issues and best practices, the Foundation contributes to strengthening collaboration and vision within the community. With a focus on inclusivity, collaboration, shared vision, leadership, and responsibility, the Foundation has been instrumental in developing diverse and strong leaders for over 40 years. By helping leaders expand their skills, enhance their knowledge of local and state issues, and leverage their passion for positive change, the Foundation plays a vital role in shaping Colorado's future.
This information is meant to be a general summary of Denver Metro Chamber Leadership 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $84,980
- Program Service Revenue: $1,235,477
- Gross Receipts: $2,590,558
Assets and Liabilities:
- Total Assets: $9,223,529
- Total Liabilities: $1,368,243
- Net Assets: $7,855,286
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LEADERSHIP EXCHANGE
Revenue
$546,475
LEADERSHIP DENVER
Revenue
$236,885
IMPACT DENVER
Revenue
$190,168
ACCESS DENVER
Revenue
$93,543
LEADERSHIP FELLOWS
Revenue
$87,410
Organization Details
Founding Year
1987
Phone
(303) 534-8500Principal Officer
Jerome Davis
Main Address
1445 MARKET STREET, DENVER, CO, 80202
Website
www.denverleadership.orgNTEE Category
Code: T19 - Philanthropy
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