BOULDER CHAMBER OF COMMERCE

EIN: 840152700

BOULDER, CO

Total Revenue
$2,388,987
Total Expenses
$2,516,049
Total Assets
$2,646,355
Net Assets
$1,923,495
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Financial Trends

Organization Details

Formation Year
1943
Legal Domicile
CO
Principal Officer
JOHN TAYER
Phone
3034421044
Tax Period
2023-01-01 to 2023-12-31

BOULDER CHAMBER OF COMMERCE, founded in 1943, is a community nonprofit that reported $2.4M in total revenue in fiscal year 2023.

Mission

THE NONPROFIT BOULDER CHAMBER IS THE REGION'S FLAGSHIP BUSINESS ADVOCACY AND SUPPORT ORGANIZATION. WITH ALMOST 120 YEARS OF DEDICATED SERVICE TO OUR MEMBERS AND THE BOULDER COMMUNITY, THE BOULDER CHAMBER'S INNOVATIVE PROGRAMS HELP LOCAL BUSINESSES SUCCEED WHILE SUSTAINING AN ECONOMY THAT PRESERVES BOULDER'S HIGH QUALITY OF LIFE, INCLUDING ITS ENVIRONMENTAL AND CULTURAL ASSETS. TOGETHER WITH ITS MEMBER BUSINESSES, THE BOULDER CHAMBER IS BUILDING A SMARTER, MORE VIBRANT ECONOMY - SUSTAINING BOULDER'S POSITION AS A GLOBAL CAPITAL OF INNOVATION AND A THRIVING CENTER OF ECONOMIC VITALITY.

Program Service Accomplishments

Program 1

BOULDER CHAMBER OF COMMERCE (BCC) HAD APPROXIMATELY 1,215 PAYING MEMBERS. IT SPONSORED SEMINARS, PROGRAMS AND OTHER SERVICES THAT ENHANCE THE QUALITY OF LIFE AND PROMOTE BALANCED ECONOMIC DEVELOPMENT...

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BOULDER CHAMBER OF COMMERCE (BCC) HAD APPROXIMATELY 1,215 PAYING MEMBERS. IT SPONSORED SEMINARS, PROGRAMS AND OTHER SERVICES THAT ENHANCE THE QUALITY OF LIFE AND PROMOTE BALANCED ECONOMIC DEVELOPMENT IN THE CITY AND COUNTY. THE BOULDER CHAMBER ECONOMIC COUNCIL (BCEC), THE ECONOMIC DEVELOPMENT ARM OF THE BOULDER CHAMBER, IS DEDICATED TO BOULDER'S ECONOMIC PROSPERITY. THE BCEC'S PRIORITIES ARE TO SUPPORT EXISTING BUSINESSES IN BOULDER'S KEY INDUSTRIES AND TO ADVOCATE FOR A BUSINESS ENVIRONMENT THAT CONTINUES TO NURTURE PRIMARY EMPLOYERS AND INDUSTRIES. (CONTINUED IN SCHEDULE O)ELEVATING MEMBER EXPERIENCES BY EMPOWERING 4,450+ BUSINESS PROFESSIONALS FOR A SUCCESSFUL YEAR THROUGH EVENTS AND INSIGHTFUL CONTENT SUCH AS THE ECONOMIC FORECAST AND ECONOMIC SUMMIT AND CELEBRATING THE STRENGTH, CREATIVITY, AND RESILIENCY OF OUR BUSINESS COMMUNITY THROUGH CELEBRATION OF LEADERSHIP AND WOMEN WHO LIGHT THE COMMUNITY.

Program 2

THE BOULDER TOGETHER PROGRAM IS A DEDICATED ARM OF THE BOULDER CHAMBER SET UP TO ACCOMPLISH ITS MISSION OF BUILDING A STRONG COMMUNITY BY SUPPORTING LOCAL FOR-PROFIT AND NON-PROFIT BUSINESSES AND...

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THE BOULDER TOGETHER PROGRAM IS A DEDICATED ARM OF THE BOULDER CHAMBER SET UP TO ACCOMPLISH ITS MISSION OF BUILDING A STRONG COMMUNITY BY SUPPORTING LOCAL FOR-PROFIT AND NON-PROFIT BUSINESSES AND ADVOCATING FOR A STRONG BUSINESS ENVIRONMENT. THIS IS ACCOMPLISHED BY WORKING WITH BOULDER AND SURROUNDING BOULDER BUSINESSES AND COMMUNITY TO IDENTIFY VARIOUS COMMUNITY WIDE ISSUES BY HOLDING ROUND-TABLE DISCUSSIONS, SURVEYS, AND MEETINGS AND THEN CREATING ACTIONABLE SOLUTIONS TO ADDRESS THESE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,163,117
Program Service Revenue $1,100,375
Investment Income $9,645
Other Revenue $115,850
TOTAL REVENUE $2,388,987

Expense Breakdown

Grants Paid $14,364
Salaries & Benefits $1,611,261
Fundraising Expenses $0
Other Expenses $890,424
TOTAL EXPENSES $2,516,049

Year-over-Year Comparison

2023 2022 Change
Revenue $2,388,987 $2,487,336 0.0%
Expenses $2,516,049 $2,415,046 +0.0%
Net Income $-127,062 $72,290 -2.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
23
Independent Members
23
Employees
29
Volunteers
30

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$376,624
Total Directors
23
$0
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN TAYER PRESIDENT & CEO 40.00
Officer
$231,790 $18,609 $250,399
SCOTT FIRLE SR DIR. OF MEM. & INV. RELATIONS 40.00
Highest
$128,050 $6,679 $134,729
SCOTT STERNBERG VP OF ECONOMIC VITALITY 40.00
Highest
$120,138 $1,005 $121,143
JACQUELINE MCCAULEY VP OF FINANCE 40.00
Officer
$119,595 $6,630 $126,225
JONATHAN SINGER SENIOR DIRECTOR OF POLICY PROGRAMS 40.00
Highest
$103,940 $30,500 $134,440
BING CHOU CHAIR 2.00
Officer Director
$0 $0 $0
KATE BROWN VICE CHAIR 2.00
Officer Director
$0 $0 $0
PETER AWEIDA DIRECTOR 2.00
Director
$0 $0 $0
STEPHANIE BRENNAN DIRECTOR 2.00
Director
$0 $0 $0
TRENT BUSH DIRECTOR 2.00
Director
$0 $0 $0
LORI CALL DIRECTOR 2.00
Director
$0 $0 $0
ANN COOPER DIRECTOR 2.00
Director
$0 $0 $0
LORA DE LA CRUZ DIRECTOR 2.00
Director
$0 $0 $0
BOB DER DIRECTOR 2.00
Director
$0 $0 $0
BOB GADDIS DIRECTOR 2.00
Director
$0 $0 $0
SCOTT GREEN DIRECTOR (THRU 12/23) 2.00
Director
$0 $0 $0
MARK HEINRITZ DIRECTOR 1.00
Director
$0 $0 $0
HARRIET INGHAM DIRECTOR 2.00
Director
$0 $0 $0
AMY LONG DIRECTOR 2.00
Director
$0 $0 $0
NIKHIL MANKEKAR DIRECTOR 2.00
Director
$0 $0 $0
PETER MARCUS DIRECTOR 2.00
Director
$0 $0 $0
KRISTEN MOOREFIELD DIRECTOR 2.00
Director
$0 $0 $0
DENNIS PAUL DIRECTOR 2.00
Director
$0 $0 $0
CALVIN PENNAMON DIRECTOR 2.00
Director
$0 $0 $0
DANICA POWELL DIRECTOR 2.00
Director
$0 $0 $0
GIOVANNI RUSCITTI DIRECTOR (THRU 12/23) 2.00
Director
$0 $0 $0
CRAIG SEBRING DIRECTOR 2.00
Director
$0 $0 $0
COLLET SIMPSON DIRECTOR 2.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $2,388,987 $2,516,049 $2,646,355 $-127,062
2022 $2,487,336 $2,415,046 $2,684,313 $72,290
2021 $2,602,558 $2,134,380 $2,650,966 $468,178
2020 $2,319,675 $2,007,657 $2,132,701 $312,018
2019 $2,408,221 $2,227,086 $1,789,443 $181,135
2018 $2,938,177 $2,639,244 $1,861,982 $298,933
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