COLORADO ASSOCIATION OF MUNICIPAL UTILITIES

EIN: 840870646

Colorado Springs, CO

Total Revenue
$238,207
Total Expenses
$225,905
Total Assets
$219,637
Net Assets
$219,417
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1982
Legal Domicile
CO
Principal Officer
Nicole Means
Phone
3039818613
Tax Period
2025-01-01 to 2025-12-31

COLORADO ASSOCIATION OF MUNICIPAL UTILITIES, founded in 1982, is a small nonprofit that reported $238K in total revenue in fiscal year 2025. Expenses of $226K left a modest 5% surplus.

Mission

CAMU provides general public education on the role and value of municipal utilities in Colorado as well as state and federal advocacy and issue and industry education on behalf of Colorado's 28 municipally owned electric distribution utilities and their associate joint action agencies. CAMU hosts quarterly, in-person meetings, and an annual conference.

Program Service Accomplishments

Program 1
Expenses: $180,002 Revenue: $171,815

CAMU provides general public education on the role and value of municipal utilities in Colorado and provides member education through conducting quarterly business meetings, semi weekly issue update...

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CAMU provides general public education on the role and value of municipal utilities in Colorado and provides member education through conducting quarterly business meetings, semi weekly issue update calls during the state legislative session, semi annual and industry-wide bill surveys, ad hoc legal work, amicus work, and legal issue updates with member communities, and coordinating member attendance and participation in national trade association events. CAMU provides policy advocacy through direct legislative engagement and through communicating on behalf of the municipal utility industry with policy makers and key stakeholders.

Program 2
Expenses: $45,903 Revenue: $60,942

CAMU holds and annual conference to educate members and industry affiliates on the latest opportunities and challenges presented to municipal utilities.

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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 (2025)

Revenue Breakdown

Contributions & Grants $171,815
Program Service Revenue $60,942
Investment Income $5,450
Other Revenue $0
TOTAL REVENUE $238,207

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $225,905
Other Expenses $225,905
TOTAL EXPENSES $225,905

Year-over-Year Comparison

2025 2024 Change
Revenue $238,207 $227,941 +0.0%
Expenses $225,905 $209,378 +0.1%
Net Income $12,302 $18,563 -0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
N/A

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
$0
Total Directors
7
$0
Key Employees
1
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Travas Deal Board Member 1
Director
$0 $0 $0
Brent Nation Board Members 1
Director
$0 $0 $0
Leigh Gibson Board Member 1
Director
$0 $0 $0
Rick Rigel Board Vice President 1
Officer Director
$0 $0 $0
Dave Hornbacher Board Secretary 1
Officer Director
$0 $0 $0
Dan Blankenship Board Treasurer 1
Officer Director
$0 $0 $0
Adam Suppes Board President 1
Officer Director
$0 $0 $0
Nicole Means Executive Director 1
Key Emp
$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
2025 $238,207 $225,905 $219,637 $12,302
2024 $227,941 $209,378 $207,115 $18,563
2023 $227,959 $210,774 $188,552 $17,185
2022 $203,674 $195,170 $171,367 $8,504
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