Friends Of The Genoa Tower

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

EIN: 841811996 ✦ Denver, CO ✦ Designated as a 501(c)(3)

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Overview

What is Friends Of The Genoa Tower?

Friends of the Genoa Tower is a nonprofit organization based in Denver, Colorado, specifically at 2895 W 44TH AVE. Their primary mission is to preserve and activate the iconic Worlds WonderView Tower as a community gathering spot, cultural hub, and economic catalyst on the Eastern Plains of Colorado. In 2022, they achieved significant milestones, including securing a $1.5 million Colorado Community Revitalization Grant, $50,000 from the Gates Family Foundation, and funding for electric vehicle charging stations and electrical infrastructure upgrades. They also established the Tower as a contributing project in an Enterprise Zone, initiated master site planning, and conducted survey work for annexation into the Town of Genoa. The organization holds fundraisers and has a dedicated board to support its mission.

Is Friends Of The Genoa Tower legitimate?

Friends Of The Genoa Tower is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of The Genoa Tower 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: $0
Professional Fundraising Fees: $1,233
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Friends Of The Genoa Tower?

The mission of Friends of the Genoa Tower Inc. is to support the preservation and activation of a historic landmark, the Worlds Wonderview Tower, transforming it into a community gathering place, cultural incubator, and economic driver. Their goal is to revitalize the tower, securing grants and donations, such as a $1.5 million Colorado Community Revitalization Grant, to fund various upgrades and enhancements. The organization's efforts include initiating master site planning, conducting survey work, and researching annexation into the Town of Genoa, all while expanding their board to further the cause.

Who is the CEO of Friends Of The Genoa Tower?

Chandler Romeo is the Board Member of Friends Of The Genoa Tower.

What is the revenue of Friends Of The Genoa Tower?

Friends Of The Genoa Tower's revenue in 2022 was $238,385.

Who are the executives of Friends Of The Genoa Tower and what are their salaries?

There 25 volunteers at Friends Of The Genoa Tower.


Here are 9 key members and their salaries:


Mary Anderson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Arndt (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Troy Mccue (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Anderson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Reed Weimer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Kearney (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chandler Romeo (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Calhoun (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Tamburello (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Friends Of The Genoa Tower?

Friends Of The Genoa Tower's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Friends Of The Genoa Tower

Friends of the Genoa Tower is an organization with a mission to support the preservation and activation of the iconic World's Wonderview Tower. Their goal is to transform the landmark into a vibrant community gathering place, a cultural incubator, and an economic driver in Colorado. By securing various grants and donations, Friends of the Genoa Tower has been able to fund projects such as EV charging stations, upgraded electrical infrastructure, and construction drawings for the first phase of the World's Wonderview Tower. Additionally, they have established the Tower as a contributing project in an Enterprise Zone and initiated master site planning for the entire property. Their efforts aim to revitalize and rejuvenate the Tower, turning it into a significant contributor to the local community.

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Impact




October, 2024

Friends of the Genoa Tower plays a crucial role in revitalizing and enhancing the cultural landscape of the Eastern Plains of Colorado through the preservation and activation of the World’s Wonder View Tower. By transforming this iconic landmark into a vibrant community gathering place, it fosters social connections and encourages local engagement, serving as a hub for cultural activities and events.

The organization has made significant strides in 2022, securing substantial funding for various projects, including a $1.5 million community revitalization grant. These financial resources are instrumental in upgrading the tower’s infrastructure, including electric vehicle charging stations and improved electrical systems, which enhance accessibility and functionality for visitors.

Additionally, the initiation of master site planning and the ongoing annexation process into the Town of Genoa highlight the commitment to creating a cohesive community space that integrates the tower into the local urban environment. This strategic focus not only solidifies the tower's historical significance but also positions it as an economic driver, potentially attracting tourism and local business opportunities.

Through fundraising events and community outreach, Friends of the Genoa Tower fosters local contributions, reinforcing community pride and investment in the area. Their efforts to establish the tower as a contributing project in the Enterprise Zone further underline the potential for economic growth and community improvement in the region. Overall, the impact of Friends of the Genoa Tower is felt not just through structural enhancements, but in the revitalization of community spirit, cultural exchange, and economic development on the Eastern Plains.




This information is meant to be a general summary of Friends Of The Genoa Tower. 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
$238,385 (2022)
Expenses
$72,203 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $8
  • Gross Receipts: $238,385

Assets and Liabilities:

  • Total Assets: $199,113
  • Total Liabilities: $61
  • Net Assets: $199,052

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Organization Details

Founding Year

2021

Principal Officer

Chandler Romeo

Main Address

2895 W 44TH AVE, DENVER, CO, 80211

NTEE Category

Code: S40 - Community improvement

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