STRATEGY STUDIO / PUBLIC DATA EXPLORER

COALITION FOR BUSINESS DEVELOPMENT: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
COALITION FOR BUSINESS DEVELOPMENT (EIN 83-1996899)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-10-11
IRS object ID
202422859349300312
Schema version
2023v5.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-10-11T08:35:13-05:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN381357951PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1PLANTE & MORAN PLLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line18181 E TUFTS AVE SUITE 600AddressLine1Txt
CityDENVERCityNm
State AbbreviationCOStateAbbreviationCd
ZIP80237ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN831996899EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1COALITION FOR BUSINESS DEVELOPMENTBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlCOALBusinessNameControlTxt
Phone3032231100PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1675 15TH STREET SUITE 2900AddressLine1Txt
CityDENVERCityNm
State AbbreviationCOStateAbbreviationCd
ZIP80202ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDAVID COHENPersonNm
Person TitleDIRECTORPersonTitleTxt
Phone3032231307PhoneNum
Signature2024-07-18SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonRYAN C HARRISPreparerPersonNm
PTINP00614618PTIN
Phone3037409400PhoneNum
Preparation2024-07-18PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-10-15 13:58:12ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Principal OfficerDAVID COHENPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1675 15TH STREET SUITE 2900AddressLine1Txt
CityDENVERCityNm
State AbbreviationCOStateAbbreviationCd
ZIP80202ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$420,000GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressHTTPS://COALITIONFORBUSINESSDEVELOPMENT.COM/WebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2018FormationYr
Legal Domicile StateDCLegalDomicileStateCd
Activity Or MissionTO ADVOCATE FOR BUSINESS DEVELOPMENT COMPANIES AS CRITICAL COMPONENTS OF MAIN STREET SMALL, MIDDLE MARKET AND VENTURE LENDING, JOB CREATION, AND ECONOMIC GROWTH WITH POLICYMAKERS, THOUGHT LEADERS, AND THE GENERAL PUBLIC.ActivityOrMissionDesc
Voting Members Governing Body33VotingMembersGoverningBodyCnt
Voting Members Independent33VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers33TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$360,000PYContributionsGrantsAmt
CY Contributions Grants$420,000CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$0PYInvestmentIncomeAmt
CY Investment Income$0CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$360,000PYTotalRevenueAmt
CY Total Revenue$420,000CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$408,362PYOtherExpensesAmt
CY Other Expenses$423,464CYOtherExpensesAmt
PY Total Expenses$408,362PYTotalExpensesAmt
CY Total Expenses$423,464CYTotalExpensesAmt
PY Revenues Less Expenses-$48,362PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$3,464CYRevenuesLessExpensesAmt
Total Assets BOY$410,681TotalAssetsBOYAmt
Total Assets EOY$407,217TotalAssetsEOYAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$410,681NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$407,217NetAssetsOrFundBalancesEOYAmt
MissionTO ADVOCATE FOR BUSINESS DEVELOPMENT COMPANIES AS CRITICAL COMPONENTS OF MAIN STREET SMALL, MIDDLE MARKET AND VENTURE LENDING, JOB CREATION, AND ECONOMIC GROWTH WITH POLICYMAKERS, THOUGHT LEADERS, AND THE GENERAL PUBLIC.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$420,000ExpenseAmt
DescN/ADesc
Total Program Service Expenses$420,000TotalProgramServiceExpensesAmt
Described In Section501c30DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Subject To Proxy TaxYes (1)SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document2IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members33GoverningBodyVotingMembersCnt
Independent Voting Member33IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1KATLIN LONGFIELDBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3032231100PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1675 15TH STREET SUITE 2900AddressLine1Txt
CityDENVERCityNm
State AbbreviationCOStateAbbreviationCd
ZIP80202ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (33 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
JOSHUA BLOOMSTEIN
DIRECTOR1.00Yes (X)$0$0$0
MICHAEL WEINER
DIRECTOR1.00Yes (X)$0$0$0
JOHN STILMAR
DIRECTOR1.00Yes (X)$0$0$0
JOSEPH GLATT
DIRECTOR1.00Yes (X)$0$0$0
KRISTEN HESTER
DIRECTOR1.00Yes (X)$0$0$0
GREG HUNT
DIRECTOR1.00Yes (X)$0$0$0
ELIZABETH BESEN
DIRECTOR1.00Yes (X)$0$0$0
TOM HENNIGAN
DIRECTOR1.00Yes (X)$0$0$0
JOSHUA LEFKOWITZ
DIRECTOR1.00Yes (X)$0$0$0
ERICA FRONTIERO
DIRECTOR1.00Yes (X)$0$0$0
STACEY DION
DIRECTOR1.00Yes (X)$0$0$0
MINH TA
DIRECTOR1.00Yes (X)$0$0$0
MELANIE GRACE
DIRECTOR1.00Yes (X)$0$0$0
SETH MEYER
DIRECTOR1.00Yes (X)$0$0$0
MIKE HARA
DIRECTOR1.00Yes (X)$0$0$0
SABRINA RUSNAK-CARLSON
DIRECTOR1.00Yes (X)$0$0$0
ANDREW MORRIS
DIRECTOR1.00Yes (X)$0$0$0
WILL KARIM
DIRECTOR1.00Yes (X)$0$0$0
SHIRAZ KAJAEE
DIRECTOR1.00Yes (X)$0$0$0
JOHN KLINE
DIRECTOR1.00Yes (X)$0$0$0
THOMAS LIBRETTO
DIRECTOR1.00Yes (X)$0$0$0
ALEX KATZ
DIRECTOR1.00Yes (X)$0$0$0
BRAD MARSHALL
DIRECTOR1.00Yes (X)$0$0$0
STEVE KUPPENHEIMER
DIRECTOR1.00Yes (X)$0$0$0
STEVE FLANTSBAUM
DIRECTOR1.00Yes (X)$0$0$0
DAVID COHEN
DIRECTOR1.00Yes (X)$0$0$0
MICHAEL LEVY
DIRECTOR1.00Yes (X)$0$0$0
TRAVIS NORTON
DIRECTOR1.00Yes (X)$0$0$0
KATELYNN BRADLEY
DIRECTOR1.00Yes (X)$0$0$0
CARMENCITA WHONDER
DIRECTOR1.00Yes (X)$0$0$0
ANNIE STARK
DIRECTOR1.00Yes (X)$0$0$0
ANNMARIE CONBOY-DEPASQUALE
DIRECTOR1.00Yes (X)$0$0$0
LAURA DOUCET
DIRECTOR1.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1BROWNSTEIN HYATT FARBER SCHRECKBusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

FieldValueIRS element (for citing)
Address Line1410 SEVENTEENTH STREET STE 2200AddressLine1Txt
CityDENVERCityNm
State AbbreviationCOStateAbbreviationCd
ZIP802024432ZIPCd
FieldValueIRS element (for citing)
ServicesGOVERNMENT RELATIONSServicesDesc
Compensation$360,000CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt
Membership Dues$420,000MembershipDuesAmt
Total Contributions$420,000TotalContributionsAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$420,000TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$2,500TotalAmt
Management And General$2,500ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$248TotalAmt
Management And General$248ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$716TotalAmt
Management And General$716ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
GOVERNMENT RELATIONS$360,000$360,000
PUBLIC RELATIONS$60,000$60,000

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$423,464TotalAmt
Program Services$420,000ProgramServicesAmt
Management And General$3,464ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$290,681BOYAmt
EOY$227,217EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$120,000BOYAmt
EOY$180,000EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$410,681BOYAmt
EOY$407,217EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY$410,681BOYAmt
EOY$407,217EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$410,681BOYAmt
EOY$407,217EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$410,681BOYAmt
EOY$407,217EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$3,464ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS Audited0FSAuditedInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Substantially All Dues Nonded0SubstantiallyAllDuesNondedInd
Only In House Lobbying0OnlyInHouseLobbyingInd
Agree Carryover Prior Year0AgreeCarryoverPriorYearInd
Dues Assessments$360,000DuesAssessmentsAmt
Non Deductible Lbbyng Pltcl CY$360,000NonDeductibleLbbyngPltclCYAmt
Non Ded Lbbyng Pltcl Cyov-$330,000NonDedLbbyngPltclCyovAmt
Non Deductible Lbbyng Pltcl Tot$30,000NonDeductibleLbbyngPltclTotAmt
Aggregate Reported Dues Ntc$420,000AggregateReportedDuesNtcAmt
Taxable-$390,000TaxableAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 6THE ORGANIZATION HAS THREE CLASSES OF MEMBERSHIP: (1) ORIGINAL MEMBERS; (2) FULL MEMBERS; AND (3) ASSOCIATE MEMBERS.
FORM 990, PART VI, SECTION A, LINE 7AORIGINAL MEMBERS HAVE THE RIGHT TO APPOINT ONE DIRECTOR TO THE BOARD OF DIRECTORS. FULL MEMBERS HAVE THE RIGHT TO NOMINATE ONE INDIVIDUAL TO SERVE AS A DIRECTOR ON THE BOARD OF DIRECTORS. ASSOCIATE MEMBERS DO NOT HAVE THE RIGHT TO VOTE, OR TO APPOINT OR NOMINATE DIRECTORS.
FORM 990, PART VI, SECTION B, LINE 11BTHE FINAL COPY OF THE FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS.
FORM 990, PART VI, SECTION B, LINE 12CEACH DIRECTOR RECEIVES A COPY OF THE CONFLICT OF INTEREST POLICY AND SIGNS A DISCLOSURE STATING THAT THEY HAVE READ, UNDERSTAND, AND WILL COMPLY WITH THE POLICY. EACH DIRECTOR MUST DISCLOSE THE EXISTENCE OF A FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS. IF A CONFLICT OF INTEREST ARISES, THE DIRECTOR LEAVES THE MEETING WHILE THE CONFLICT IS DISCUSSED AND IS RECUSED FROM VOTING ON THE MATTER.
FORM 990, PART VI, SECTION C, LINE 19GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.