74
Western Colorado Business Development Corp
Community Development · Grand Jct, Colorado
2591 Legacy Way, Grand Jct, CO 81503-1789
EIN: 841054192· Founded: Sep 1998· 28 years active· Filing Year: 2023
Annual Revenue
$1.8M
Total Expenses
$1.5M
Total Assets
$8.2M
Program Spending
68%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$127K
8.2% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$535K
Total Payroll
$662K
43% of total expenses
Where the Money Goes
68%
Programs: 68%
Payroll: 43%
Other overhead: 32%
Program Revenue$1.0M (58%)
Total Expenses$1.5M (86%)
Payroll$662K (43%)
Overhead (non-program)32%
Trust Score Breakdown
Program Spending Ratio
68% of expenses go to programs
Revenue & Stability
$1.8M annual revenue
Executive Compensation
$127K total officer comp (8.2% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$8.2M in assets
Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.