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Denver Asset Building Coalition

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 770646873 ✦ Denver, CO ✦ Designated as a 501(c)(3)

Overview

What is Denver Asset Building Coalition?

The Denver Asset Building Coalition, located at 2475 W 26th Ave, Denver, CO 80211, is a dedicated nonprofit organization. Its primary objective is to assist low-income households by offering complimentary tax preparation, tax legal services, and financial education. In 2022, they successfully filed over 3,000 Federal and State tax returns, enabling clients to secure refunds that were then reinvested into the community. The organization aims to support low-income and underserved individuals and families in becoming financially stable and securing a more prosperous future. With a workforce of 11 dedicated employees, the Denver Asset Building Coalition strives to make a significant impact in the community.


Official website here: www.denverabc.org

Is Denver Asset Building Coalition legitimate?

Denver Asset Building Coalition is a legitimate nonprofit organization registered as a 501(c)(3) entity. Denver Asset Building Coalition submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $325,221

For more financial information, click here


Official website here: www.denverabc.org

What is the mission statement of Denver Asset Building Coalition?

The Denver Asset Building Coalition's mission is centered around providing assistance to low-income households. This organization offers free tax preparation and legal services related to taxes, in addition to financial education and financial services. Their primary goal is to help economically vulnerable individuals and families build a sustainable future and achieve financial stability. In 2022, DABC volunteers successfully filed over 3,000 federal and state tax returns, enabling these individuals to receive and reinvest their refunds in the community.


Official website here: www.denverabc.org

Who is the CEO of Denver Asset Building Coalition?

Wendy Ferrell is the Executive Director of Denver Asset Building Coalition.


Official website here: www.denverabc.org

What is the revenue of Denver Asset Building Coalition?

Denver Asset Building Coalition's revenue in 2022 was $481,600.


Official website here: www.denverabc.org

Who are the executives of Denver Asset Building Coalition and what are their salaries?

The average compensation at Denver Asset Building Coalition during 2022 was $29,566. There are 11 employees and 85 volunteers at Denver Asset Building Coalition.

Here are 13 key members and their salaries:

    Wendy Ferrell (Executive Director)
  • Compensation: $123,602
  • Related: $0
  • Other: $0

    • Sandra Frazier (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Katy Wills (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Zach Haveman (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Challon Winer (Ethics Officer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Benjamin Hodges (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tonette Gonzales-Hunter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nicholas Severn (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sara Haveman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Patrick O'Neill (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Aaila Vanbinsbergen (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William Christian (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Encinas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.denverabc.org

    Where can I find the form 990 for Denver Asset Building Coalition?

    The Denver Asset Building Coalition’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.denverabc.org

    Learn more at the official website: www.denverabc.org

    Mission Statement of Denver Asset Building Coalition

    The Denver Asset Building Coalition, a nonprofit organization, is committed to serving low-income households by offering free tax preparation and tax legal services, along with financial education and financial services. Their mission is geared towards empowering financially vulnerable individuals and families, enabling them to build a stable future and improve their economic situation. In 2022, the coalition's volunteers successfully filed over 3,000 federal and state tax returns, resulting in the return of refunds that were then reinvested back into the community.

    Impact

    This information is meant to be a general summary of Denver Asset Building Coalition. Please take the time to review official sources before making any decisions based upon the content provided here.




    Wednesday, July 24, 2024

    Denver Asset Building Coalition's impact is significant in providing free tax preparation, tax legal services, and other related services to low-income households. In 2022, DABC Volunteers filed over 3,000 Federal and State tax returns, assisting clients in receiving refunds and returning money back to the community. Through their mission to offer financial education and services to underserved populations, DABC helps individuals and families build for the future and achieve economic stability.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $0
  • Program Service Revenue: $0
  • Gross Receipts: $481,600

    • Assets and Liabilities:
  • Total Assets: $494,566
  • Total Liabilities: $125,520
  • Net Assets: $369,046
  • Organization Details

    Founding Year

    2005

    Principal Officer

    Wendy Ferrell

    Main Address

    2475 W 26th Ave, Denver, CO, 80211

    NTEE Category

    Code: B90 - Education

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