2017-01-16T00:00:00-06:00 2016-08-31 Kundinger Corder & Engle PC 475 Lincoln St Ste 200 Denver CO 80203 990 2015-09-01 742489854 Denver Metro Chamber Leadership Foundation DENV 3035348500 1445 Market Street Denver CO 80202 Dan Lewis Executive Director 3035348500 2017-01-18 1 Steven R Corder P01363943 3035345953 2015 2021-01-29 14:40:06Z Dan Lewis 1445 Market Street Denver CO 80202 2506191 0 X denverleadership.org X 1987 CO See Schedule O.The Foundation's mission is to inspire a diverse community of leadership to improve Colorado and to provide content, context and access to inspire leaders to engage in issues critical to the region's success.The Foundation's values are: -Cooperative, Collaborative Relationships-Inclusivity and Diversity of Perspective-Dedication to Quality-Commitment to VolunteerismAn affiliate organization of the Denver Metro Chamber of Commerce,the Foundation is the state's premier leadership organization with a 40-year history of preparing and connecting leaders from the business and civic communities to strengthen Colorado's future. The Leadership Foundation helps emerging and recognized leaders expand their skills, enhance their knowledge of local and state issues, and leverage their individual passion to make positive changes in our community. The Foundation also enhances individual, career and professional growth while creating value for participating companies. 40 39 10 422 0 0 648255 1357169 1151996 1049299 139886 56653 0 0 1940137 2463121 170384 328686 0 0 585392 707623 0 0 102138 766160 972679 1521936 2008988 418201 454133 6406131 7303074 681822 998562 5724309 6304512 X See description to Part I, Line 1 on Schedule O. 1 0 590575 25375 487550 Leadership Exchange: Leadership Exchange is an annual city-to-city exchange that brings Denver's prominent business and civic leaders together to discuss the innovations and best practices of another city facing relevant business and policy issues while strengthening the collective vision and collaboration in our own community. Inclusive of contributions made to the program in fiscal year 2016, this program generated total revenue of $818,575 and expenses of $590,575 for a program net of $228,000. 246085 20700 233570 Leadership Denver: Leadership Denver is an 11-month program for active leaders focused on assuming civic leadership roles in the Denver Metro community. Leadership Denver is a balance of in-depth issues seminars, retreats, and a group community service project. Inclusive of contributions made to the program in fiscal year 2016, this program generated total revenues of $279,020 and expenses of $246,085 for a program net of $32,935. 153792 126000 5275 The Colorado Leadership Alliance develops the next generation of Colorado's leaders through a consortium of leadership education programs at undergraduate institutions across Colorado. CLA coordinates a rich array of programmatic and resource development support for its programs on more than thirteen campuses(CSU-Ft. Collins, CSU-Pueblo, the US Air Force Academy, CU-Boulder, CU-Colorado Springs, CU-Denver, University of Denver, University of Northern Colorado, Regis University, Metropolitan State University of Denver, Otero Junior College, Front Range Community College and Johnson & Wales University). In addition to these activities, the Foundation awarded $126,000 in scholarships to Metropolitan State University of Denver, the University of Northern Colorado, and the University of Colorado through the FirstBank Colorado Scholars Program. Inclusive of contributions made to the program in fiscal year 2016, this program generated total revenues of $23,275 and expenses of $153,792 for a program net of ($130,517). 562701 156611 322904 Access Denver, Colorado Leadership Alliance, Impact Denver, Leadership Alumni Network, Civic DNA, Opportunity Youth, and Mobility Choice are designed to prepare and connect leaders from the business and civic communities to strengthen Colorado's future.Access Denver exposes senior-level Denver executives to the influential people and critical issues of the Denver area, providing an exclusive two-day introduction to the city's business and community landscape. Inclusive of contributions made to the program in fiscal year 2016, this program generated total revenues of $121,750 and expenses of $79,025 for a program net of $42,725.Colorado Experience: Colorado Experience is a two day program designed to promote dialogue relating to statewide business and policy issues. The program provides an opportunity for emerging and executive leaders to explore Colorado's regional issues and to strengthen collective vision and collaboration in our communities. The program takes participants to a different city in Colorado each year. Inclusive of contributions made to the program in fiscal year 2016, this program generated total revenues of $94,019 and expenses of $151,358 for a program loss of $57,339.Impact Denver builds confidence and leadership skills for young professionals while introducing them to topics of significance to the region. Inclusive of contributions made to the program in fiscal year 2016, this program generated total revenue of $197,700 and expenses of $129,739 for a program net of $67,961.Leadership Alumni Network ties together 2,300 alumni of the Leadership Foundation's programs, who represent the Denver Metro region's business, civic, and community leaders. Inclusive of contributions made to the program in fiscal year 2016, this program generated total revenue of $7,600 and expenses of $47,958 for a program loss of $40,298.Civic DNA represents inclusivity, collaboration, shared vision, and responsibility for today's leaders in Colorado. Inclusive of contributions made to the program in fiscal year 2016, the program generated revenue of $9,900 and expenses of $15,735 for a program loss of $5,835.Opportunity Youth and Mobility Choice are new programs being administered by the Denver Metro Chamber Leadership Foundation in the current year. The aim of Opportunity Youth is to provide education, career opportunities, and support systems to 16 - 24 year-olds who are disconnected from work or school. Program expenses totaled $108,793 in 2016.Mobility Choice is working to maximize existing investments in the Colorado transportation system by leveraging technology to plan for future workforce and employer mobility needs, thereby increasing economic opportunities and quality of life. Program expenses totaled $30,093 during 2016. 562701 156611 322904 1553153 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 7 0 1 10 1 0 0 0 0 0 1 1 0 0 0 0 X 40 39 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X Denver Metro Chamber of Commerce 3035348500 1445 Market Street Denver CO 80202 Kelly Brough President & CEO 5.00 35.00 X X 0 413061 17222 Katie Kramer Chair of the Board 1.00 1.00 X X 0 0 0 Travis Webb Immediate Past Chair 1.00 X X 0 0 0 Tara Dunn Treasurer 1.00 X X 0 0 0 Kirk Scheitler Secretary 1.00 X X 0 0 0 Bob Hottman Chamber Board Chair 2.00 2.50 X 0 0 0 Justin Ball Member 1.00 X 0 0 0 Jennifer Chang Member 1.00 X 0 0 0 Pat Cortez Member 1.00 X 0 0 0 Josh Craver Member 1.00 X 0 0 0 Laura English Member 1.00 X 0 0 0 E Martin Enriquez Member 1.00 X 0 0 0 Renny Fagan Member 1.00 X 0 0 0 Mike Fordyce Member 1.00 X 0 0 0 Steven Foster Member 1.00 X 0 0 0 Norm Franke Member 1.00 X 0 0 0 Anthony Graves Member 1.00 X 0 0 0 Gino Greco Member 1.00 X 0 0 0 Chris Hansen Member 1.00 X 0 0 0 Kenneth Ho Member 1.00 X 0 0 0 Kittie Hook Member 1.00 X 0 0 0 Shannon Jones Member 1.00 X 0 0 0 Tasha Jones Member 1.00 X 0 0 0 Michael Korenblat Member 1.00 X 0 0 0 Michelle Lucero Member 1.00 X 0 0 0 Jason Maples Member 1.00 X 0 0 0 Darren Markley Chair Elect 1.00 X X 0 0 0 Dennis Moore Member 1.00 X 0 0 0 Bill Myers Member 1.00 X 0 0 0 Jennifer Nealson Member 1.00 X 0 0 0 Michael Niyompong Member 1.00 X 0 0 0 James Pinto Member 1.00 X 0 0 0 Lorii Rabinowitz Member 1.00 X 0 0 0 Ramonna Robinson Member 1.00 X 0 0 0 Ruth Rohs Member 1.00 X 0 0 0 Maja Rosenquist Member 1.00 1.00 X 0 0 0 Holly Shilliday Member 1.00 X 0 0 0 Jamie Van Leeuwen Member 1.00 X 0 0 0 Amy Venturi Member 1.00 X 0 0 0 Celso White Member 1.00 X 0 0 0 Dan Lewis Executive Director 40.00 X 58010 0 2482 58010 413061 19704 0 0 1 0 0 87180 25000 1244989 1357169 Leadership Exchange 900099 487550 487550 Leadership Denver 900099 233570 233570 Impact Denver 900099 168975 168975 Access Denver 900099 92750 92750 Colorado Experience 900099 57519 57519 8935 8935 1049299 56653 56653 43070 87180 43070 0 2463121 1049299 0 56653 138886 138886 189800 189800 176160 82795 79272 14093 455067 376401 20384 58282 7088 5382 863 843 21490 17081 1750 2659 47818 34907 7412 5499 36500 36500 80466 80466 13900 13900 27196 27196 100262 79500 20762 6454 6454 LEADERSHIP EXCHANGE 409523 409523 LEADERSHIP DENVER 129856 129856 COLORADO EXPERIENCE 55829 55829 IMPACT DENVER 48328 48328 64365 64365 2008988 1553153 353697 102138 2773410 3365789 231374 490810 128188 30024 116589 98164 3284758 3348311 6406131 7303074 139107 239186 542715 759376 681822 998562 X 2288284 2332195 151267 624006 3284758 3348311 5724309 6304512 6406131 7303074 454133 126070 0 X X 0 1 X 1 0 X 855495 659328 607743 648255 1357169 4127990 979849 891005 943126 1100671 1049299 4963950 1835344 1550333 1550869 1748926 2406468 9091940 0 0 0 9091940 110911 118746 135754 139886 56653 561950 110911 118746 135754 139886 56653 561950 1946255 1669079 1686623 1888812 2463121 9653890 0.94180 0.93020 0.05820 0.06980 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3284758 91716 97837 126000 3348311 3354832 105477 -57292 118259 3284758 2935203 86102 449527 116000 3354832 2650067 100498 292138 107500 2935203 2558347 97635 106085 112000 2650067 1.00000 1 0 128188 30024 98164 98164 Investments held by CU Fdn 3348311 F 3348311 2559275 126070 50550 176620 2382655 80466 80466 2463121 1979072 50550 50550 1928522 80466 80466 2008988 Part V, Line 4: The Foundation's permanently restricted net assets consist of one donor restricted endowment fund, the FirstBank Colorado Scholars Endowment Fund, the purpose of which is to provide undergraduate scholarships to students enrolled at the University of Colorado and other Colorado colleges. Celebrating Civic Leadership Lunch 130250 87180 43070 43070 130250 87180 43070 43070 43070 0 1 Denver Metro Chamber of Commerce 1445 Market Street Denver CO 80202 840186760 501(c)(6) 138886 0 n/a n/a To support the Mobility Choice and Opportunity Youth projects. 0 1 Merit-based scholarships for students at University of Northern Colorado, University of Colorado - Boulder, University of Colorado - Colorado Springs, University of Colorado - Denver, and Metropolitan State University of Denver. 52 126000 Scholarships given for the Foundation's various programs. 56 63800 Part I, Line 2: The Foundation works with the program directors at various universities to determine what the scholarship needs are. Scholarships are generally given to supplement a core scholarship given by the school. Once the funding is determined and the Foundation has confirmation that each student will be accepting the scholarship, the funds are awarded to the specific school. The program director from each university ensures that scholarships go to the selected students. The funds are distributed by the University of Colorado Foundation, which administers the endowment funds from which scholarships are made. The CU Foundation confirms the distribution of grant funds. X X X 0 0 0 0 0 1 0 0 0 Kelly Brough President & CEO 0 268061 0 145000 0 0 0 10600 0 6622 0 430283 0 0 Part I, Line 6 All Foundation employees are eligible to receive a year-end bonus. The bonus is based on the performance of all affiliates in reaching the organization's overall goals, the net earnings of the Foundation, personal performance and is dependent upon the Foundation achieving the board recommended level of reserves. Form 990, Part III, line 2 During the current year, the Denver Metro Chamber Leadership Foundation began administering funding for two new programs: Opportunity Youth and Mobility Choice. The Opportunity Youth initiative is aimed at providing education, career opportunities, and support systems to 16 - 24 year olds who are disconnected from work or school. Mobility Choice works to maximize existing investments in the Colorado transportation system by leveraging technology to plan for future workforce and employer mobility needs, thereby increasing economic opportunities and quality of life. Form 990, Part VI, Section B, line 11 The Form 990 is initially reviewed by the Director of Finance and Chief Operating Officer of the Denver Metro Chamber of Commerce, as well as the Director of Operations and the Executive Director of the Foundation. The 990 is then distributed electronically to the Foundation Finance and Audit Committee for pre-read and then reviewed at a Finance and Audit Committee meeting. At the meeting, representatives from the audit firm present the 990 to the Committee. When the Committee is comfortable with the 990, the Committee will then recommend that it be presented to the Foundation Board of Directors for acceptance. A representative from the Finance and Audit Committee, typically the Chair, will present the 990 to the Board with assistance from representatives from the audit firm as necessary. If the Board votes to accept the 990, it is officially filed. Form 990, Part VI, Section B, line 12c Each Conflict of Interest questionnaire is reviewed internally and summarized by the Foundation's Director of Operations. This summary, along with any disclosures, is reviewed by the Chamber's Chief Operating Officer to determine if there are concerns or if additional information is needed. The summary, along with any areas of concern, is then presented to the Finance and Audit Committee to determine if there are any conflicts. The Finance and Audit Committee presents a summary of their findings to the Foundation Board. Form 990, Part VI, Section B, line 15 The organization reviews the total compensation of the Executive Director position using three sources - Mountain States Employers Council Salary Survey (MSEC), American Chamber of Commerce Executives Salary Survey, and Watson Wyatt Salary Survey or other comparable data sources to evaluate all salaries. In addition to utilizing these three independent sources, the organization also has a compensation committee consisting of three uncompensated Board members - the Chair of the Board, the Past Chair of the Board, and the Chair-Elect of the Board. The committee approves top management total compensation. Form 990, Part VI, Section C, line 19 The Foundation has a written policy detailing how documents are made accessible to the public, which was reviewed and approved by the Finance and Audit Committee. The governing documents, conflict of interest policy, and financial statements are all available upon written or in-person request at Foundation headquarters, or upon email request to dmclf-info@denverleadership.org Form 990, Part XII, Line 2c The finance and audit committee is responsible for selecting the independent auditors and reviewing the results of the audit. The finance and audit committee meets annually with the independent auditors to receive the audit report and internal control recommendations, if any. There were no changes to this process in the current year. Denver Metro Chamber of Commerce 1445 Market Street Denver CO 80202 840186760 Chamber of Commerce CO 501(c)(6) 0 0 1 1 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0