Mountain Region Black Economic Summit in Aurora, Colorado (CO)

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Mountain Region Black Economic Summit
Employer Identification Number (EIN)203285808
Name of OrganizationMountain Region Black Economic Summit
In Care of NameCarla Ladd
Address15200 E Girard Ave Apt 4200, Aurora, CO 80014
SubsectionEducational Organization, Charitable Organization
Ruling Date01/2007
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period2013
Assets$0
Income$0
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$24,812
Amount of Income$3,858
Form 990 Revenue Amount$3,858
National Taxonomy of Exempt Entities (NTEE)Community Improvement, Capacity Building: Management Services for Small Business, Entrepreneurs


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Amount of income in 2013: $3,858 (it was $0 in 2012)
This organization: 

 $3,858
Other organizations performing similar types of work: 

 $127,010

Assets in 2013: $24,812 (it was $0 in 2012)
Mountain Region Black Economic Summit: 

 $24,812
Other organizations performing similar types of work: 

 $83,317

Expenses in 2011: $5,624
This organization: 

 $5,624
Other organizations performing similar types of work: 

 $154,560

Income to expenses ratio in 2011: 0.7
This organization: 

 0.7
Other organizations performing similar types of work: 

 1.1

Grants share in income in 2011: 100.0%
Mountain Region Black Economic Summit: 

 100.0%
Other organizations performing similar types of work: 

 40.6%

Financial snapshot ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2011)
Total revenue$3,858
Contributions, gifts, grants, and similar amounts received$3,858
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$0
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$0
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$5,624
Total net assets$24,812
Deficit for the year$-1,766
Net assets or fund balances at beginning of year$26,578
Other changes in net assets or fund balances$0
Balance Sheets (for 2011)
Total assets$24,812
Total liabilities$0
Net assets or fund balances$24,812
Other Information (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975
Support Schedule for Organizations Described in Section 509(a)(2) (for 2011)
2007 - 2011 Total
Total support$3,858
Gifts, grants, contributions, and membership fees received$3,858
Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose$0
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources and Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Craft3 Investment I LlcPO BOX 826, Ilwaco, WA 98624-0826WA1995-07$18,154,406
2Masschallenge21 Dry Dock Ave 6th Flr, Boston, MA 02210-2384MA2010-04$4,959,384
3Small Business Majority Foundation Inc4000 Bridgeway Ste 101, Sausalito, CA 94965-1444CA2010-11$4,935,336
4Western North Carolina Regional Economic Development Non-Profit Co134 Wright Brothers Way, Fletcher, NC 28732-7808NC1996-02$2,225,305
5Women Venture2021 E Hennepin Ave Ste 200, Minneapolis, MN 55413-2724MN1984-09$1,770,287
6Los Angeles Cleantech Incubator411 S Hewitt Street, Los Angeles, CA 90013CA2012-08$1,684,863
7Colorado Springs Technology Incubator3595 E Fountain Blvd, Colorado Springs, CO 80910-1733CO2001-07$255,634
8Barnabas Group7692 Bristolwood Dr, Castle Rock, CO 80108-7623CO2002-01$255,327
9Lone Tree Chamber Of Commerce9220 Kimmer Dr Ste 200, Lone Tree, CO 80124-2884CO2006-06$156,190
10Loveland Development Fund421 E 4th St, Loveland, CO 80537-5636CO2014-07$114,000
11Jefferson County Resource Center1667 Cole Blvd Bldg 19-400, Lakewood, CO 80401-3300CO2009-03$109,839
12Mountain Region Black Economic Summit15200 E Girard Ave Apt 4200, Aurora, CO 80014CO2007-01$3,858
13Arvada Enterprise Center Inc C/O Arvada Economic Development8101 Ralston Road, Arvada, CO 80002CO2002-10$0
14Ascend Pamoja Inc48 South Pearl, Denver, CO 80209CO2008-11$0
15Colorado Alliance For Microenterprise Initiatives Cami, Colorado Microfinance Alliance2268 Birch Street, Denver, CO 80207CO2002-03$0
16Denver Downtown Chapter Of The American Business Womens Assoc4238 E Easter Place, Littleton, CO 80122CO2009-01$0
17Region 12 Revolving Loan FundPO BOX 2308, Silverthorne, CO 80498-2308CO2014-10$0
18Rocky Mountain Business Incubator Collaborative14960 Woodcarver Road, Colorado Springs, CO 80921CO2010-03$0
19Rocky Mountain Small And Disadvantaged Business OpportunityPo Box 1085, Wheat Ridge, CO 80033CO2007-10$0
20Warehouse Business Accelerator1215 S Grant Ave, Loveland, CO 80537-6399CO2014-09$0
Number of organizations performing similar types of work
Alaska2
Alabama5
Arkansas4
Arizona10
California76
Colorado14
Connecticut7
District of Columbia7
Florida26
Georgia20
Hawaii5
Iowa8
Idaho3
Illinois22
Indiana11
Kansas3
Kentucky5
Louisiana6
Massachusetts18
Maryland19
Maine3
Michigan16
Minnesota8
Missouri13
Mississippi6
Montana3
North Carolina18
North Dakota1
Nebraska5
New Jersey6
New Mexico5
Nevada4
New York26
Ohio16
Oklahoma5
Oregon5
Pennsylvania12
Rhode Island1
South Carolina12
South Dakota4
Tennessee10
Texas27
Utah1
Virginia14
Vermont2
Washington10
Wisconsin8
West Virginia3
Wyoming1
International2
Total518

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