Rockies Venture Club Inc

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

EIN: 841000038 ✦ Denver, CO ✦ Designated as a 501(c)(6)

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Overview

What is Rockies Venture Club Inc?

Rockies Venture Club Inc, situated in Denver, Colorado, is a nonprofit organization committed to fostering economic growth and job creation. Through their educational initiatives, the club provides valuable insights to both entrepreneurs and investors, teaching them about venture capital, smart investments, and preparing businesses for venture funding. They conduct weekly workshops, engaging around 750 individuals annually. The organization's primary objective is to connect these two groups, ultimately promoting innovation and development in the community. With a modest staff of five individuals, Rockies Venture Club Inc plays a significant role in nurturing and supporting the entrepreneurial ecosystem in Colorado.


Official website here: www.rockiesventureclub.org/

Is Rockies Venture Club Inc legitimate?

Rockies Venture Club Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Rockies Venture Club Inc 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: $102,700
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.rockiesventureclub.org/

What is the mission statement of Rockies Venture Club Inc?

Rockies Venture Club Inc's mission is centered around promoting educational opportunities and fostering connections between entrepreneurs and investors. By delivering a curriculum for both entrepreneurs and angel investors, the organization aims to educate them on venture capital and intelligent investment strategies. Through weekly workshops, Rockies Venture Club serves around 750 individuals annually, contributing to economic development and job creation.


Official website here: www.rockiesventureclub.org/

Who is the CEO of Rockies Venture Club Inc?

Peter Adams is the Executive Director of Rockies Venture Club Inc.


Official website here: www.rockiesventureclub.org/

What is the revenue of Rockies Venture Club Inc?

Rockies Venture Club Inc's revenue in 2022 was $292,882.


Official website here: www.rockiesventureclub.org/

Who are the executives of Rockies Venture Club Inc and what are their salaries?

The average compensation at Rockies Venture Club Inc during 2022 was $20,540. There are 5 employees and 100 volunteers at Rockies Venture Club Inc.


Here are 12 key members and their salaries:


Charles J Whelan (Executive Director)
  • Compensation: $56,958
  • Related: $0
  • Other: $0
Kimberly Lucas (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Murdoc Khaleghi (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kate Shillo (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Franco (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Betty Arkell (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Mcgregor (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Janiczek (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Makisha Boothe (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denise Caleb (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Gold (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Adams (Chairman)
  • Compensation: $98,421
  • Related: $0
  • Other: $0


Official website here: www.rockiesventureclub.org/

Where can I find the form 990 for Rockies Venture Club Inc?

Rockies Venture Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.rockiesventureclub.org/

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

Mission Statement of Rockies Venture Club Inc

Rockies Venture Club, a notable organization, is dedicated to fostering economic growth and job creation by educating and connecting entrepreneurs with investors. Its primary objective is to enlighten both aspiring entrepreneurs and investors on the intricacies of venture capital, teaching them how to make wise investments and prepare their companies for venture financing. To achieve this mission, Rockies Venture Club conducts weekly workshops, attracting around 750 individuals annually. These educational sessions are a vital part of its mission, aiming to bridge the gap between entrepreneurs and investors, ultimately driving innovation and economic development.

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Impact




October, 2024

Rockies Venture Club Inc plays a pivotal role in fostering economic development and job creation by providing essential educational resources and connection opportunities for entrepreneurs and investors. Through its tailored curriculum, the organization educates both angel investors and entrepreneurs on the intricacies of venture capital, promoting informed investment decisions and effective preparation for securing funding.

Each year, RVC conducts weekly workshops that engage around 750 participants, ensuring that local businesses and aspiring entrepreneurs are equipped with the knowledge necessary for growth and success. By bridging the gap between entrepreneurs seeking capital and investors looking for viable opportunities, Rockies Venture Club significantly contributes to the vitality of the Denver community and enhances the region's economic landscape.




This information is meant to be a general summary of Rockies Venture Club Inc. 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
$292,882 (2022)
Expenses
$452,036 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $59,940
  • Gross Receipts: $292,882

Assets and Liabilities:

  • Total Assets: $29,789
  • Total Liabilities: $19,320
  • Net Assets: $10,469

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Education

Revenue

$32,955

Events & Conferences

Revenue

$26,985

Organization Details

Founding Year

1985

Principal Officer

Peter Adams

Main Address

1678 Monaco Parkway, Denver, CO, 80220

NTEE Category

Code: S43 - Community improvement

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