ComCor Foundation

Address
PO Box 7593
Colorado Springs, CO 80933
Contact
Phone: +1 (719) 473-4460
Nonprofit
NTEE: I11 - Single Organization Support
EIN: 27-1607357

Mission

The corporation is organized and shall be operated exclusively for charitable and educational purposes within the meaning of section 501(c)(3) of the Internal Revenue Code. The corporation shall serve as a supporting organization of ComCor, Inc., a Colorado nonprofit corporation (the "supported organization"), and shall be operated exclusively for the benefit of, to perform the functions of, and to carry out the purposes of the supported organization.
 201620152014
Basic features of the organization
Year of formation2010
Subsection501(c)(3)
Organization typeCorporation
Metropolitan statistical area1720
Human resources, including compensation
Summary compensation info
Sum of reportable (W2/1099) compensation$0.00$0.00$0.00
Number of employees000
Number of people compensated >$100k000
Number of volunteers000
Number of highly compensated contractors000
Personnel
Berenz, Bill
TitleDirector  
Name of key/compensated personBill Berenz  
Average hours per week working for org3.00  
Reportable compensation from org$0.00  
Other comp, non-reportable, from org and related orgs$0.00  
PositionIndividual trustee or director  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00  
Gilmore, Steven
TitleDirector, President, SecreDirector, President, SecreDIRECTOR, PRESIDENT, SECRE
Name of key/compensated personSteven C GilmoreSteven C GilmoreSTEVEN C GILMORE
Average hours per week working for org5.005.005.00
Reportable compensation from org$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$22,718.00$23,756.00$22,360.00
PositionIndividual trustee or director, OfficerIndividual trustee or director, OfficerIndividual trustee or director, Officer
Corresponding comp from related orgs
Reportable compensation from related orgs $163,452.00$180,679.00$168,451.00
Korleski, Dan
TitleDirector  
Name of key/compensated personDan Korleski  
Average hours per week working for org3.00  
Reportable compensation from org$0.00  
Other comp, non-reportable, from org and related orgs$0.00  
PositionIndividual trustee or director  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00  
Millwright, Rick
TitleDirectorDirectorDIRECTOR
Name of key/compensated personRick MillwrightRick MillwrightRICK MILLWRIGHT
Average hours per week working for org3.003.003.00
Reportable compensation from org$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00
PositionIndividual trustee or directorIndividual trustee or directorIndividual trustee or director
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00
Purpose: mission, activities & accomplishments
Mission or significant activitiesThe corporation is organized and shall be operated exclusively for charitable and educational purposes within the meaning of section 501(c)(3) of the Internal Revenue Code. The corporation shall serve as a supporting organization of ComCor, Inc., a Colorado nonprofit corporation (the "supported organization"), and shall be operated exclusively for the benefit of, to perform the functions of, and to carry out the purposes of the supported organization.The corporation is organized and shall be operated exclusively for charitable and educational purposes within the meaning of section 501(c)(3) of the Internal Revenue Code. The corporation shall serve as a supporting organization of ComCor, Inc., a Colorado nonprofit corporation (the "supported organization"), and shall be operated exclusively for the benefit of, to perform the functions of, and to carry out the purposes of the supported organization.THE CORPORATION IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE CORPORATION SHALL SERVE AS A SUPPORTING ORGANIZATION OF COMCOR, INC., A COLORADO NONPROFIT CORPORATION (THE "SUPPORTED ORGANIZATION"), AND SHALL BE OPERATED EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, AND TO CARRY OUT THE PURPOSES OF THE SUPPORTED ORGANIZATION.
Program expenses (total)$2,103,788.00$367,291.00$467,965.00
Programs, including revenue & expenses
Support to ComCor Inc. for its residential correctional program that provides room, board, employment assistance, therapy and counseling to adult felony offenders and adult work relase offenders referred contractually.
Program expenses$2,103,788.00$367,291.00$467,965.00
Program revenue-$45,445.00$216,000.00$216,000.00
Program descriptionSupport to ComCor Inc. for its residential correctional program that provides room, board, employment assistance, therapy and counseling to adult felony offenders and adult work relase offenders referred contractually.Support to ComCor Inc. for its residential correctional program that provides room, board, employment assistance, therapy and counseling to adult felony offenders and adult work relase offenders referred contractually.SUPPORT TO COMCOR INC. FOR ITS RESIDENTIAL CORRECTIONAL PROGRAM THAT PROVIDES ROOM, BOARD, EMPLOYMENT ASSISTANCE, THERAPY AND COUNSELING TO ADULT FELONY OFFENDERS AND ADULT WORK RELASE OFFENDERS REFERRED CONTRACTUALLY.
Financial data
Expense categories (totals)
Sum (total functional expenses)$2,103,788.00$389,091.00$487,189.00
Program services (total functional expenses)$2,103,788.00$367,291.00$467,965.00
Management & general (total functional expenses)$0.00$21,800.00$19,224.00
Fundraising (total functional expenses)$0.00$0.00$0.00
Revenue
Total revenue-$232,624.00$422,777.00$403,494.00
Program service revenue (total) $0.00$0.00
Revenue from contributions (total) $0.00$0.00
Investment income-$493,994.00$7,291.00$1,679.00
Total unrelated business revenue-$180,769.00$199,486.00$185,815.00
Other revenue, current yr$261,370.00$415,486.00$401,815.00
Net unrelated business taxable revenue-$224,280.00$86,850.00$80,183.00
Total revenue from grants, etc., current yr$0.00$0.00$0.00
Gross receipts$5,998,908.00$1,057,021.00$1,033,875.00
Other types of revenue
Miscellaneous revenue (total)$41,024.00  
Income from dividends, interest, and similar investments$34,614.00$7,291.00$1,679.00
Net rental income$220,346.00$415,486.00$401,815.00
Fees for services
Fundraising service fees (total)$0.00$0.00$0.00
Assets and liabilities
Total assets$2,139,313.00$7,119,698.00$7,179,339.00
Total assets, beginning of year$7,119,698.00$7,179,339.00$7,363,157.00
Total liabilities$9,103.00$2,644,293.00$2,722,348.00
Total liabilities, beginning of year$2,644,293.00$2,722,348.00$2,820,447.00
Net assets$2,130,210.00$4,475,405.00$4,456,991.00
Net assets, beginning of year$4,475,405.00$4,456,991.00$4,542,710.00
Other liabilities$9,103.00$137,128.00$135,419.00
Investments: publicly traded securities$1,151,992.00$336,373.00$189,505.00
Cash: non-interest bearing$188,956.00$129,737.00$128,006.00
Cash: non-interest bearing, beginning of year$129,737.00$128,006.00$204,997.00
Other financial variables
Revenue less expenses-$2,336,412.00$33,686.00-$83,695.00
Accounts receivable, net  $31,338.00
Prepaid expenses & deferred charges$65,747.00$58,640.00$80,835.00
Accounts payable & accrued expenses $25,046.00$10,418.00
Secured mortgages and notes payable $2,482,119.00$2,576,511.00
Total net assets or fund balances$2,130,210.00$4,475,405.00$4,456,991.00
Governance and accountability
Number of voting members422
Number of independent voting members311
Financial sheets auditedTrueTrueTrue
Audit on consolidated basisTrueTrueTrue
Discontinued or disposed >25% of net assetsTrue  
Tax year start date2016-01-012015-01-012014-01-01
Tax year end date2016-12-312015-12-312014-12-31
Accounting methodAccrualAccrualAccrual
Indicators for schedules (selected)
Business transaction with entity ownerTrueTrueTrue
Metadata about the filing
E-return type990990990
Date e-filing submitted2017-09-112016-08-232015-06-25
IRS schema version2016v3.02015v2.12014v5.0
Filing identifier201711519349300736201600779349300620201500869349300905
Use these data in your project Benchmark this organization against its peers