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The Downtown Partnership Of Colorado Springs

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

EIN: 841398391 ✦ Colorado springs, CO ✦ Designated as a 501(c)(4)

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Overview

What is The Downtown Partnership Of Colorado Springs?

The Downtown Partnership of Colorado Springs is a nonprofit organization dedicated to transforming the city's downtown area into a vibrant, world-class hub. They provide technical assistance, marketing support, and custom orientations to over 160 businesses and organizations, engaging over 1,300 stakeholders through various events and presentations. Their mission is to serve as the economic, civic, and cultural heart of the community. The partnership hosts annual conferences, tours, and dine-arounds to engage local businesses and fosters initiatives like the Drake Vision TAS Force for urban redevelopment. They actively advocate for key policies and initiatives, such as affordable housing and transportation, and engage the public in community meetings. With a team of 13 employees, they strive to create a downtown Colorado Springs that stands out as a beacon of activity and success.


Official website here: www.downtowncs.com

Is The Downtown Partnership Of Colorado Springs legitimate?

The Downtown Partnership Of Colorado Springs is a legitimate nonprofit organization registered as a 501(c)(4) entity. The Downtown Partnership Of Colorado Springs 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: $207,436
Professional Fundraising Fees: $0
Other Salaries and Wages: $532,178

For more financial information, click here


Official website here: www.downtowncs.com

What is the mission statement of The Downtown Partnership Of Colorado Springs?

The Downtown Partnership of Colorado Springs aims to transform the downtown area into a world-class, vibrant hub that serves as the economic, civic, and cultural heart of the community. They achieve this by providing technical assistance, marketing support, and custom orientations to businesses and organizations, engaging with various stakeholders, and hosting events and conferences to promote the downtown area. The partnership also works on initiatives such as the Drake Vision TAS Force, which aims to develop a recommended vision, values, and guiding principles for redeveloping certain sites, and represents the collective voice on key policy and ballot initiatives.


Official website here: www.downtowncs.com

Who is the CEO of The Downtown Partnership Of Colorado Springs?

Susan Edmondson is the Vice Chair of The Downtown Partnership Of Colorado Springs. The CEO's salary of The Downtown Partnership Of Colorado Springs is $187,858 and their total compensation is $207,436.


Official website here: www.downtowncs.com

What is the revenue of The Downtown Partnership Of Colorado Springs?

The Downtown Partnership Of Colorado Springs's revenue in 2022 was $2,974,348.


Official website here: www.downtowncs.com

Who are the executives of The Downtown Partnership Of Colorado Springs and what are their salaries?

The average compensation at The Downtown Partnership Of Colorado Springs during 2022 was $56,893. There are 13 employees at The Downtown Partnership Of Colorado Springs.


Here are 14 key members and their salaries (The Downtown Partnership Of Colorado Springs's CEO's salary is $187,858 and their total compensation is $207,436):


Jen Furda (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Davin Neubacher (Immediate Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Maiurro (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amber Ptak (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Warren Epstein (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Scoville (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Natasha Hutson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Edmonds (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Dahlin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ben Gallegos Pardo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Neumann (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Seth Harvey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terrell Brown (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Edmondson (President/Ceo)
  • Compensation: $187,858
  • Related: $0
  • Other: $19,578


Official website here: www.downtowncs.com

Where can I find the form 990 for The Downtown Partnership Of Colorado Springs?

The Downtown Partnership Of Colorado Springs's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.downtowncs.com

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

Mission Statement of The Downtown Partnership Of Colorado Springs

The Downtown Partnership of Colorado Springs aims to establish a thriving and vibrant downtown area that serves as the civic, cultural, and economic center of the community. This organization works tirelessly to ensure that the downtown region fulfills its role as an economic, civic, and cultural hub, contributing significantly to the city's overall development. By providing technical assistance, marketing support, and custom orientations to various businesses and organizations, the Downtown Partnership actively contributes to the growth and prosperity of the area. Furthermore, the partnership engages with a wide range of stakeholders, including educational institutions, professionals, and community members, to promote awareness and foster a positive image of downtown Colorado Springs. The partnership's efforts culminate in events such as annual breakfasts, conferences, and tours, which attract a diverse audience and showcase the unique characteristics of the downtown district.

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Impact




October, 2024

The Downtown Partnership of Colorado Springs plays a pivotal role in shaping a vibrant and cohesive downtown area, acting as the emotional and economic center of the city. With an emphasis on enhancing both the civic and cultural landscape, the Partnership has engaged over 1,300 stakeholders across diverse demographics, from students to professionals, fostering a deep sense of community involvement in the future of downtown.

By providing technical assistance, marketing support, and customized orientations, the Partnership has empowered more than 160 businesses and organizations, helping to create a thriving local economy. Events like the lively annual breakfast at Ed Robson Arena unite community members, celebrating local achievements and fostering networking opportunities among stakeholders.

The city's development vision is also advanced through initiatives like the Drake Vision Task Force, which involves the community in reimagining significant sites such as the Drake Power Plant. Public meetings have seen close to 200 participants, ensuring that residents' voices contribute to redevelopment efforts.

Moreover, the Downtown Partnership actively influences local policy through coalitions aimed at supporting key initiatives around transportation, fire code amendments, and affordable housing. This advocacy strengthens downtown’s role as the economic heart of Colorado Springs, ensuring its growth aligns with community values and needs. In essence, the Downtown Partnership not only drives economic development but also enhances the cultural richness of the area, making downtown a dynamic place to live, work, and play.




This information is meant to be a general summary of The Downtown Partnership Of Colorado Springs. 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
$2,974,348 (2022)
Expenses
$2,990,541 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,266
  • Program Service Revenue: $810,950
  • Gross Receipts: $3,006,987

Assets and Liabilities:

  • Total Assets: $869,031
  • Total Liabilities: $174,606
  • Net Assets: $694,425

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Programs

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

MANAGEMENT FEES

Revenue

$810,950

Organization Details

Founding Year

1997

Principal Officer

Susan Edmondson

Main Address

111 S TEJON ST STE 703, COLORADO SPRINGS, CO, 80903

NTEE Category

Code: S20 - Community improvement

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