Colorado Energy Foundation

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

EIN: 842600843 ✦ Denver, CO ✦ Designated as a 501(c)(3)

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Overview

What is Colorado Energy Foundation?

The Colorado Energy Foundation, established in 2019, functions as a 501(c)(3) supporting organization of the Colorado Oil & Gas Association. Based in Denver, Colorado, this nonprofit aims to strengthen the philanthropic contributions of the oil and gas industry in the state and foster new community partnerships through thoughtful investments. During their annual meeting, they announced the community nonprofits set to receive grant funding in 2022, showcasing their commitment to supporting local causes.


Official website here: www.coga.org/cef.html

Is Colorado Energy Foundation legitimate?

Colorado Energy Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Colorado Energy 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.coga.org/cef.html

What is the mission statement of Colorado Energy Foundation?

The Colorado Energy Foundation, established as a 501(c)(3) supporting organization in 2019, aims to amplify the philanthropic initiatives of the oil and gas industry in Colorado. It strives to foster new community partnerships through strategic investments. The foundation's mission is to enhance the industry's existing charitable endeavors and expand its reach within local communities. During its annual meetings, the foundation announces grant recipients among community nonprofit organizations.


Official website here: www.coga.org/cef.html

Who is the CEO of Colorado Energy Foundation?

Sara Young Reynolds is the Bod Chair of Colorado Energy Foundation.


Official website here: www.coga.org/cef.html

What is the revenue of Colorado Energy Foundation?

Colorado Energy Foundation's revenue in 2022 was $307,571.


Official website here: www.coga.org/cef.html

Who are the executives of Colorado Energy Foundation and what are their salaries?


Here are 4 key members and their salaries:


Katie Tate (Bod Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Liz Wright (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jamie Jost (Secretary/Treas)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sara Young Reynolds (Executive Dir.)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.coga.org/cef.html

Where can I find the form 990 for Colorado Energy Foundation?

Colorado Energy Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.coga.org/cef.html

Learn more at the official website: www.coga.org/cef.html

Mission Statement of Colorado Energy Foundation

The Colorado Energy Foundation, established in 2019 as a 501(c)(3) supporting organization of the Colorado Oil & Gas Association, aims to amplify the philanthropic efforts of the oil and gas industry in Colorado and foster new community partnerships through strategic investment. This nonprofit organization seeks to leverage the resources of the oil and gas industry to make a positive impact in the community, beyond its primary business operations. By developing new alliances and investing in existing charities, the Colorado Energy Foundation aims to contribute to the betterment of Colorado's communities in a meaningful way.

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Impact




October, 2024

The Colorado Energy Foundation significantly impacts community improvement in Colorado by strategically investing in local nonprofits. Established in 2019, it focuses on amplifying the philanthropic efforts of the oil and gas industry, fostering partnerships that address critical community needs. During COGAs Annual Meeting, the foundation highlights its commitment to enhancing these efforts, recently announcing a cohort of community nonprofits that received grant funding in 2022. Through these initiatives, the foundation contributes to the development and support of various community-focused projects across the state.




This information is meant to be a general summary of Colorado Energy 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.

Revenue
$307,571 (2022)
Expenses
$249,237 (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: $123,850
  • Gross Receipts: $307,571

Assets and Liabilities:

  • Total Assets: $97,917
  • Total Liabilities: $30,000
  • Net Assets: $67,917

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Programs

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

Registrations

Revenue

$1,350

Sponsorships

Revenue

$122,500

Organization Details

Founding Year

2019

Principal Officer

Sara Young Reynolds

Main Address

1800 Glenarm Pl 1100, Denver, CO, 80202

NTEE Category

Code: S11 - Community improvement

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