Aurora Economic Development Council Inc

Nonprofit profile at a glance

EIN
840776480
IRS 990 coverage
2010–2025
Forms available
Form 990 2025
Location
Aurora, CO, USA
Phone
3037552223
Rating confidence
Limited

Official website

Reported finances

Revenue
$2,663,029
Expenses
$2,443,000
Assets
$2,216,436
Liabilities
$362,604

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

67 people listed

Executive titles in this filing

  • WENDY MITCHELL (PRESIDENT & CEO)
  • KATHRYN MIDDLETON HOUSE (VICE PRESIDENT)
  • YURIY GORLOV (VICE PRESIDENT)
  • DICK HINSON (SENIOR VICE PRESIDENT)

Highest reported compensation

  • WENDY MITCHELL (PRESIDENT & CEO): $596,221 total reported compensation
  • KATHRYN MIDDLETON HOUSE (VICE PRESIDENT): $215,957 total reported compensation
  • JONATHAN WOODWARD (DIRECTOR OF DEVELOPMENT): $151,348 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The aurora economic development council is a public/private partnership dedicated to enhancing the economic strength of the city of aurora by recruiting new primary employers, retaining existing primary employers, and assisting current primary employers to expand in the city.

What it reported doing in 2025

To create and retain primary jobs in aurora, Colorado.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 71
  • Accountability: 95
  • Sustainability: 38
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 8 of 9 controls in place; rating input score 89
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 8.3%; rating input score 51; 51st percentile among comparable filings
  • Total-asset coverage ratio: 0.91; rating input score 30; 30th percentile among comparable filings
  • Liabilities to assets ratio: 0.16; rating input score 39; 39th percentile among comparable filings
  • Officer compensation ratio: 45.5%; rating input score 2; 2nd percentile among comparable filings

Growth

  • Program expense growth: 2.9% per year; rating input score 100; 23rd percentile among comparable filings
  • Revenue growth: 3.8% per year; rating input score 100; 28th percentile among comparable filings
  • Asset growth: 10.3% per year; rating input score 100; 59th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 62 of 62 board members independent · 8 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $2.5M in reported program spending
  • Leadership: top reported pay $596K · 67 people listed · 2 of 6 pay-setting controls reported
  • Consistency: 15 of 15 current checks pass
  • Schedules: 5 filed schedules · includes executive pay
  • Filing history: 15 filing years from 2010 to 2025
  • Contacts: How to reach this organization
  • Money network: 5 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Sustainability: Operating margin scored 51/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 30/100.
  • Review — Accountability: Governance controls: Whistleblower policy not reported.
  • High — Sustainability: Officer compensation ratio scored 2/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 39/100.