Fort Collins Area Chamber of Commerce
Nonprofit profile at a glance
- EIN
- 840201983
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Fort Collins, CO, USA
- Phone
- 9704823746
- Rating confidence
- Limited
Reported finances
- Revenue
- $1,955,423
- Expenses
- $2,940,951
- Assets
- $2,632,084
- Liabilities
- $693,620
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
25 people listed
Executive titles in this filing
- ANN HUTCHISON (PRESIDENT & CEO)
Highest reported compensation
- ANN HUTCHISON (PRESIDENT & CEO): $170,553 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The fort collins area chamber of commerce champions our community and region's quality of life and economic vitality through strong business advocacy and collaborative leadership.
What it reported doing in 2024
Business initiatives - fix north i-25 business alliance: the alliance represents the business perspective on issues impacting the mobility of the north i-25 corridor between highway 14 and highway 66. The alliance is an advocacy group that: works with government at all levels to secure funding for expanding north i-25 to three lanes, communicates the economic importance of a functional i-25 corridor, and empowers businesses and the public to get involved.talent and recruitment: program to implement strategies to insure a competitive advantage for area employers through quality workers and for area workers through quality jobs.under-employment and talent shortages are a growing regional problem, which is expected to accelerate as older workers age out of the workforce.business environment: the fort collins area chamber will serve as the voice of business to aggressively advocate the perspective of business and ensure public officials and residents understand the strong connection between business vitality, jobs and having a the means to afford public services that greatly enhance the quality of community life, such as good schools, parks and bike paths. Retaining key employers: the fort collins area chamber and key partners will deliberately and consistently meet with fort collins-loveland area employers to express community support for them and to determine what can be done to help them.
Operating model
- Revenue model
- Earned-program. 67% of the money available for current operations came from fees and other program revenue.
- 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: 65
- Accountability: 93
- Sustainability: 22
- Growth: 60
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: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 96%; rating input score 96; 26th percentile among comparable filings
- Governance controls: 7 of 8 controls in place; rating input score 88
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -50.4%; rating input score 3; 3rd percentile among comparable filings
- Total-asset coverage ratio: 0.89; rating input score 39; 39th percentile among comparable filings
- Liabilities to assets ratio: 0.26; rating input score 27; 27th percentile among comparable filings
- Officer compensation ratio: 5.8%; rating input score 51; 51st percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 6.2% per year; rating input score 100; 50th percentile among comparable filings
- Asset growth: 8.6% per year; rating input score 100; 54th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 24 of 25 board members independent · 7 of 8 filing controls reported
- Programs: 4 filed program accomplishments
- Leadership: top reported pay $171K · 25 people listed · 0 of 6 pay-setting controls reported
- Consistency: 13 of 13 current checks pass
- Schedules: 5 filed schedules · includes major donors and executive pay
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- High — Sustainability: Operating margin scored 3/100.
- Review — Accountability: Governance controls: Form 990 shared with the board not reported.
- Moderate — Sustainability: Total-asset coverage ratio scored 39/100.
- High — Sustainability: Liabilities to assets ratio scored 27/100.
- Review — Sustainability: Officer compensation ratio scored 51/100.