NonprofitsBiz Action For Colorado

Community Improvement & Capacity Building

Biz Action For Colorado

ENGLEWOOD, CO

Total revenue

$638K

Total expenses

$633K

Net assets

$5K

Grants received

EIN

934137909

Tax year

2024

Mission

Biz action for colorado (bac) is dedicated to promoting economic prosperity in colorado through education, advocacy, access to resources, and building relationships within the business community. Bac engages in activities to foster the creation, development, and growth of successful business enterprises and to maximize opportunities for its members by providing business guidance, information, referrals, and programming curated to meet their needs. It serves as an advocate for the business community through engagement and education in legislative and regulatory affairs.

Programs

3 programs

Education: bac offers information and education to enhance the skills and knowledge of members through meetings, seminars, workshops, newsletters, and its website. Topics include shared interests such as community and business leadership, legislative and regulatory updates, sound financial practices and business standards, labor laws, investment and expansion, procurement award procedures, and legal issues. Around 20% of bac's time and funds are allocated to these activities.

Networking, membership building, and fundraising: bac facilitates referral and networking opportunities by providing platforms for members to connect, share insights, and collaborate. Bac hosts meetings, events, and an online community to strengthen ties within the business community and create opportunities for cooperation, collaboration, and mutual support. Bac solicits new members and conducts a minimal amount of fundraising targeted at existing members and outside donors through its website, email, mail, and events. Around 20% of bac's time and funds are allocated to these activities.

Research and analysis: bac manages and conducts research using contractors to provide members with valuable insights into economic conditions and trends and other factors that can affect business operations in colorado. Around 5% of bac's time and funds are allocated to these activities.

Financials

FY 2024

Revenue

Contributions & grants$638K
Program service revenue
Investment income$6
Other revenue
Total revenue$638K

Expenses

Grants paid$627K
Salaries & benefits
Fundraising
Other expenses$6K
Total expenses$633K
Total assets$5K
Net assets$5K

People

1 listed

NameRoleCompensation

JOE O'DEA

DIRECTOR

Board

1 hrs/wk

Details

EIN934137909
NTEE codeS41
Subsection06
Ruling date2025-12
Formed2023
Employees0
Volunteers1
BIZ ACTION FOR COLORADO — Mission, Financials & Grants Received | Grantivo