MONTROSE, CO
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)REGION 10 LEAGUE FOR ECONOMIC ASSISTANCE AND PLANNING INC, founded in 1988, is a community nonprofit in the Community Improvement sector that reported $4.5M in total revenue in fiscal year 2021. Revenue fell 44% from the prior year — a significant decline worth monitoring. Expenses of $5.1M exceeded revenue, resulting in a 13% operating deficit.
PROVIDES PROGRAMS AND SERVICES THAT MEET THE NEEDS OF THE PEOPLE IN THE REGION, ARE COST-EFFECTIVE, REDUCE THE BURDEN OF LOCAL GOVERNMENTS, LEVERAGE AVAILABLE RESOURCES, AND SUPPORT OUR CHARITABLE STATUS.
THE AREA AGENCY ON AGING DIVISION PROVIDES FINANCIAL ASSISTANCE TO LOCAL ORGANIZATIONS RESPONSIBLE FOR THE DELIVERY OF SERVICES TO SENIORS THROUGHOUT THE SIX COUNTY AREA. TYPICAL SERVICES PROVIDED...
THE AREA AGENCY ON AGING DIVISION PROVIDES FINANCIAL ASSISTANCE TO LOCAL ORGANIZATIONS RESPONSIBLE FOR THE DELIVERY OF SERVICES TO SENIORS THROUGHOUT THE SIX COUNTY AREA. TYPICAL SERVICES PROVIDED INCLUDE: NUTRITION, TRANSPORTATION, LEGAL, DENTAL, HOMEMAKER, INFORMATION AND REFERRAL, AND OMBUDSMAN SERVICES. THE DIVISION CONTRACTS WITH A VARIETY OF SENIOR SERVICES ORGANIZATIONS AND ADMINISTERS STATE AND FEDERAL FUNDS TO HELP THESE ORGANIZATIONS IMPROVE THE QUALITY OF LIFE FOR SENIORS IN THE SIX COUNTY AREA.
REGION 10 OPERATES THE REGIONAL BROADBAND PROJECT TO PROVIDE BETTER INTERNET SERVICES TO THE REGION TO IMPROVE COMMUNITY AND ECONOMIC DEVELOPMENT, CURRENTLY, FOUR COUNTIES AND SEVERAL MUNICIPALITIES...
REGION 10 OPERATES THE REGIONAL BROADBAND PROJECT TO PROVIDE BETTER INTERNET SERVICES TO THE REGION TO IMPROVE COMMUNITY AND ECONOMIC DEVELOPMENT, CURRENTLY, FOUR COUNTIES AND SEVERAL MUNICIPALITIES PARTICIPATE IN THE PROJECT.
REGION 10 OPERATES SIX SPECIFIC BUSINESS LOAN FUNDS IN THE BUSINESS LOAN FUND DIVISION, BASED ON THE REQUIREMENTS OF THE VARIOUS SOURCES OF CAPITAL FOR EACH FUND. THESE MONIES ARE LOANED TO...
REGION 10 OPERATES SIX SPECIFIC BUSINESS LOAN FUNDS IN THE BUSINESS LOAN FUND DIVISION, BASED ON THE REQUIREMENTS OF THE VARIOUS SOURCES OF CAPITAL FOR EACH FUND. THESE MONIES ARE LOANED TO QUALIFYING SMALL BUSINESSES, COMMUNITIES, AND OTHER ENTITIES AT COMPARATIVE RATES IN ORDER TO FOSTER ECONOMIC DEVELOPMENT AND JOB GROWTH THROUGHOUT THE REGION.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2021 | 2020 | Change | |
|---|---|---|---|
| Revenue | $4,484,381 | $8,034,942 | -0.4% |
| Expenses | $5,082,435 | $6,561,268 | -0.2% |
| Net Income | $-598,054 | $1,473,674 | -1.4% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| MICHELLE HAYNES | EXECUTIVE DI | 40.00 |
Officer
|
$100,668 | $24,386 | $125,054 |
| ROLAND MASON | CHAIR | 1.00 |
Director
|
$0 | $0 | $0 |
| KRIS HOLSTROM | VICE CHAIR | 1.00 |
Director
|
$0 | $0 | $0 |
| JON WASCHBUSCH | TREASURER | 1.00 |
Director
|
$0 | $0 | $0 |
| ROGER RASH | PAST CHAIR | 1.00 |
Director
|
$0 | $0 | $0 |
| BEN TISDEL | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ELYSE ACKERMAN-CASSELBERRY | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MICHAEL BACANI | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MARY BACHARAN | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MIKE BORDOGNA | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| BARBARA BYNUM | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JOHN CLARK | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| HAROLD COWELS | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| GREG DAVIDSON | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ZOE DOHNAL | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JIM GELWICKS | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JACK GILBRIDE | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| PATTI GRAFFMEYER | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MARY HOCKENBERRY | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MELISSA LAMPSHIRE | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DAN MARSHALL | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| LES MERGELMAN | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| PATTI MICHAEL | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| GREG NELSON | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| LINDA RIBA | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DAVE ROBERTS | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| VINCENT ROGALSKI | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JIM SCHMIDT | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DON SUPPES | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DELANIE YOUNG | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2022 | $4,484,381 | $5,082,435 | $16,255,337 | $-598,054 |
| 2021 | $8,034,942 | $6,561,268 | $16,331,779 | $1,473,674 |
| 2020 | $4,710,384 | $3,581,430 | $14,992,537 | $1,128,954 |
| 2019 | $4,109,309 | $3,246,786 | $13,249,377 | $862,523 |
| 2018 | $8,587,377 | $2,552,005 | $13,382,610 | $6,035,372 |
Compare REGION 10 LEAGUE FOR ECONOMIC ASSISTANCE AND PLANNING INC with other nonprofits in Colorado and across the country.