East Colfax Community Collective

EIN: 863258250 501(c)(3) Community Improvement

Denver, CO

Total Revenue
$1,607,528
Total Expenses
$1,470,075
Total Assets
$2,775,809
Net Assets
$2,737,487
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
CO
Phone
3033303654
Tax Period
2024-01-01 to 2024-12-31

East Colfax Community Collective, founded in 2001, is a community nonprofit in the Community Improvement sector that reported $1.6M in total revenue in fiscal year 2024. Revenue fell 44% from the prior year — a significant decline worth monitoring. Expenses of $1.5M left a modest 9% surplus.

Mission

The organization's mission is to fight displacement and build collective power in our community to shape our own destiny. East Colfax Community Collective (EC3) is a community-driven, multi-cultural socio-economic diverse advocacy organization comprised of residents.

Program Service Accomplishments

Program 1
Expenses: $404,616

Housing Assistance - EC3s Housing Assistance Campaign (HAC) provides direct housing assistance and we have deep expertise in providing culturally sensitive navigation support to access Rental...

Read more

Housing Assistance - EC3s Housing Assistance Campaign (HAC) provides direct housing assistance and we have deep expertise in providing culturally sensitive navigation support to access Rental, Deposit, and Utility Assistance. The HAC has now served more than 1,902 unduplicated households , distributed more than $4,683,700.43 in housing assistance, and intervened to stop more than 540 evictions since 2021.

Program 2
Expenses: $312,157

Our East Colfax Mixed Income Neighborhood Trust (EC-MINT) program is geared towards, acquiring, rehabilitating, and managing properties in East Colfax and NW Aurora with the purpose of stabilizing...

Read more

Our East Colfax Mixed Income Neighborhood Trust (EC-MINT) program is geared towards, acquiring, rehabilitating, and managing properties in East Colfax and NW Aurora with the purpose of stabilizing rents at a significant portion of the units and creating dignified apartment conditions.

Program 3
Expenses: $190,785

Business Assistance - Our Business Assistance Campaign is providing direct navigation support, technical assistance, and permitting/licensing support for small businesses in East Colfax and North...

Read more

Business Assistance - Our Business Assistance Campaign is providing direct navigation support, technical assistance, and permitting/licensing support for small businesses in East Colfax and North West Aurora. In addition to our direct services, we have led a Food Incubation program, International Markets, and Financial Health workshops aimed at training entrepreneurs to be able to start their own food business and providing small businesses with the knowledge they need to be able to save money to acquire their properties and prevent displacement.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,607,381
Program Service Revenue $0
Investment Income $0
Other Revenue $147
TOTAL REVENUE $1,607,528

Expense Breakdown

Grants Paid $50,989
Salaries & Benefits $970,343
Fundraising Expenses $46,813
Program Expenses $932,720
Other Expenses $448,743
TOTAL EXPENSES $1,470,075

Year-over-Year Comparison

2024 2023 Change
Revenue $1,607,528 $2,851,028 -0.4%
Expenses $1,470,075 $1,127,186 +0.3%
Net Income $137,453 $1,723,842 -0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
6
Independent Members
6
Employees
14
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
$83,371
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Brendan Greene Executive Dir. 40.00
Officer
$83,371 $0 $83,371
Laura Rossbert President 2.00
Officer Director
$0 $0 $0
Alex Gano Treasurer 1.00
Officer Director
$0 $0 $0
Girum Alemayehu Vice President 1.00
Officer Director
$0 $0 $0
Erik Duplessis Director 1.00
Director
$0 $0 $0
Jesus Gonzalez Director 1.00
Director
$0 $0 $0
Roberto Salazar Director 1.00
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 $1,607,528 $1,470,075 $2,775,809 $137,453
2023 $2,851,028 $1,127,186 $3,100,678 $1,723,842
2022 $1,174,155 $803,648 $946,414 $370,507
Explore More Nonprofits
Top 100 Nonprofits in Colorado Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare East Colfax Community Collective with other nonprofits in Colorado and across the country.