Local First Inc

Address
PO Box 2058
Durango, CO 81302
Contact
Website: http://www.local-first.org
Phone: +1 (970) 799-6618
Nonprofit
NTEE: S02 - Management and Technical Assistance
EIN: 27-3083017

Mission

The mission of Loal First is to help locally-owned, independent business and organizations thrive as they work together to build an economy that values people, the planet and prosperity for everyone.
 2016201520142013
Basic features of the organization
Year of formation2010
Subsection code06
PF filing required0   
Form of organization
CorporationTrue
Human resources, including compensation
Summary compensation info
Total compensation of current key personnel $37,005.00  
Sum of reportable (W2/1099) compensation $37,005.00  
Number of employees 5  
Number of people compensated >$100k 0  
Number of volunteers 15  
Number of highly compensated contractors 0  
Personnel
Beardsley, Sam
Title DirectorDirector 
Name of key/compensated person Sam BeardsleySam Beardsley 
Position of compensated person
Current individual trustee or director True  
Officer, director, trustee, or key employee  True 
Average hours per week working for org 2.00  
Reportable compensation from org $0.00$0.00 
Other comp, non-reportable, from org and related orgs $0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00  
Average hours per week working for related orgs 0.00  
Blake, Theresa
Title  Director 
Name of key/compensated person  Theresa Blake 
Officer, director, trustee, or key employee  True 
Reportable compensation from org  $0.00 
Davis, Amber
TitleSecretary   
Name of key/compensated personAmber Davis   
Officer, director, trustee, or key employeeTrue   
Reportable compensation from org$0.00   
Digiorgio, Monique
TitleManaging Dir.   
Name of key/compensated personMonique DiGiorgio   
Officer, director, trustee, or key employeeTrue   
Reportable compensation from org$0.00   
Kearney, Lori
Title Director  
Name of key/compensated person Lori Kearney  
Position of compensated person
Current individual trustee or director True  
Average hours per week working for org 2.00  
Reportable compensation from org $0.00  
Other comp, non-reportable, from org and related orgs $0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00  
Average hours per week working for related orgs 0.00  
Lecroix, Jen
Title Secretary  
Name of key/compensated person Jen LeCroix  
Position of compensated person
Average hours per week working for org 3.00  
Reportable compensation from org $0.00  
Other comp, non-reportable, from org and related orgs $0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00  
Average hours per week working for related orgs 0.00  
Loascio, Lorraine
Title  Secretary 
Name of key/compensated person  Lorraine Loascio 
Officer, director, trustee, or key employee  True 
Reportable compensation from org  $0.00 
Long, Amy
Title  Chairman 
Name of key/compensated person  Amy Long 
Officer, director, trustee, or key employee  True 
Reportable compensation from org  $0.00 
Lopez, John
TitleTreasurerTreasurerTreasurer 
Name of key/compensated personJohn LopezJohn LopezJohn Lopez 
Position of compensated person
Officer, director, trustee, or key employeeTrue True 
Average hours per week working for org 3.00  
Reportable compensation from org$0.00$0.00$0.00 
Other comp, non-reportable, from org and related orgs $0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00  
Average hours per week working for related orgs 0.00  
Lowe, Ryan
TitleChairmanChairmanVice Chair 
Name of key/compensated personRyan LoweRyan LoweRyan Lowe 
Position of compensated person
Officer, director, trustee, or key employeeTrue True 
Average hours per week working for org 4.00  
Reportable compensation from org$0.00$0.00$0.00 
Other comp, non-reportable, from org and related orgs $0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00  
Average hours per week working for related orgs 0.00  
Renner, Marcus
Title Director  
Name of key/compensated person Marcus Renner  
Position of compensated person
Current individual trustee or director True  
Average hours per week working for org 3.00  
Reportable compensation from org $0.00  
Other comp, non-reportable, from org and related orgs $0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00  
Average hours per week working for related orgs 0.00  
Ridgeway, Dustin
Title Managing Dir.Director 
Name of key/compensated person Dustin RidgewayDustin Ridgeway 
Position of compensated person
Current individual trustee or director True  
Officer, director, trustee, or key employee  True 
Average hours per week working for org 2.00  
Reportable compensation from org $0.00$0.00 
Other comp, non-reportable, from org and related orgs $0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00  
Average hours per week working for related orgs 0.00  
Schertz, Peter
TitleDirector   
Name of key/compensated personPeter Schertz   
Officer, director, trustee, or key employeeTrue   
Reportable compensation from org$0.00   
Smith, Scott
TitleDirectorDirectorDirector 
Name of key/compensated personScott SmithScott SmithScott Smith 
Position of compensated person
Current individual trustee or director True  
Officer, director, trustee, or key employeeTrue True 
Average hours per week working for org 2.00  
Reportable compensation from org$0.00$0.00$0.00 
Other comp, non-reportable, from org and related orgs $0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00  
Average hours per week working for related orgs 0.00  
Streiffert, Kristi
Title Managing DirManaging Dir. 
Name of key/compensated person Kristi StreiffertKristi Streiffert 
Position of compensated person
Officer, director, trustee, or key employee  True 
Average hours per week working for org 40.00  
Reportable compensation from org $37,005.00$25,785.00 
Other comp, non-reportable, from org and related orgs $0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00  
Average hours per week working for related orgs 0.00  
Taylor, Lorraine
Title Vice Chair  
Name of key/compensated person Lorraine Lobascio Taylor  
Position of compensated person
Average hours per week working for org 3.00  
Reportable compensation from org $0.00  
Other comp, non-reportable, from org and related orgs $0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00  
Average hours per week working for related orgs 0.00  
Taylor-Saghie, Rachel
TitleDirectorDirectorDirector 
Name of key/compensated personRachel Taylor-SaghieRachel Taylor-SaghieRachel Taylor-Saghie 
Position of compensated person
Current individual trustee or director True  
Officer, director, trustee, or key employeeTrue True 
Average hours per week working for org 2.00  
Reportable compensation from org$0.00$0.00$0.00 
Other comp, non-reportable, from org and related orgs $0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00  
Average hours per week working for related orgs 0.00  
Turner, Tim
Title  Director 
Name of key/compensated person  Tim Turner 
Officer, director, trustee, or key employee  True 
Reportable compensation from org  $0.00 
Vallejos, Leeann
Title  Frmr Mang. Dir. 
Name of key/compensated person  Leeann Vallejos 
Officer, director, trustee, or key employee  True 
Reportable compensation from org  $10,818.00 
Wakeman, Cathy
TitleDirector   
Name of key/compensated personCathy Wakeman   
Officer, director, trustee, or key employeeTrue   
Reportable compensation from org$0.00   
Wheeler, Tim
TitleVice Chair   
Name of key/compensated personTim Wheeler   
Officer, director, trustee, or key employeeTrue   
Reportable compensation from org$0.00   
Wright, Ted
TitleDirector   
Name of key/compensated personTed Wright   
Officer, director, trustee, or key employeeTrue   
Reportable compensation from org$0.00   
Purpose: mission, activities, & accomplishments
Mission or significant activities The mission of Loal First is to help locally-owned, independent business and organizations thrive as they work together to build an economy that values people, the planet and prosperity for everyone.  
Primary exempt purposeThe mission of Loal First is to help locally-owned, independent business and organizations thrive as they work together to build an economy that values people, the planet and prosperity for everyone. The mission of Loal First is to help locally-owned, independent business and organizations thrive as they work together to build an economy that values people, the planet and prosperity for everyone. 
Program service expenses, total$135,013.00$169,679.00$95,236.00 
Programs, including revenue & expenses
Be Local - Annual publication and business support program to promote supporting local businesses and educate about local economies. Our theme for 2015/2016 was "Education" and highlighted the rewards of investing in education in your community.
Program expenses $80,713.00  
Program description Be Local - Annual publication and business support program to promote supporting local businesses and educate about local economies. Our theme for 2015/2016 was "Education" and highlighted the rewards of investing in education in your community.  
Dining Guide - Published 2015 book/magazine to promote supporting local restaurants and related businesses and to educate about local food systems.
Program expenses $56,175.00  
Program description Dining Guide - Published 2015 book/magazine to promote supporting local restaurants and related businesses and to educate about local food systems.  
Other programs and services to members include consumer targeted campaigns such as Independents Week (celebrating the spirit of independent business in our county) and outreach and mobilization efforts such as bringing in nationally-known speakers on the topic of a resilient local economy. We provide an online business directory, and reach out to the local media with press releases about sustainable economy issues. In addition, we organize members-only networking and collaboration events.
Program expenses $16,419.00  
Program description Other programs and services to members include consumer targeted campaigns such as Independents Week (celebrating the spirit of independent business in our county) and outreach and mobilization efforts such as bringing in nationally-known speakers on the topic of a resilient local economy. We provide an online business directory, and reach out to the local media with press releases about sustainable economy issues. In addition, we organize members-only networking and collaboration events.  
Financial data
Revenue
Total revenue$152,357.00$224,369.00$136,884.00 
Revenue from contributions (total) $1,175.00$6,735.00$22,510.00
Revenue from noncash contributions $175.00  
Investment income, current yr$7.00$8.00$29.00 
Total revenue from grants, etc., current yr $1,175.00  
Total unrelated business revenue $0.00  
Other revenue, current yr $357.00  
Program service revenue (total) $222,829.00$130,060.00$107,673.00
Gross receipts $224,369.00  
Sources of contributions
Revenue from gov't grants $1,000.00  
Revenue from all other contributions $175.00  
Other types of revenue
Royalties (total) $0.00  
Miscellaneous revenue (total) $357.00  
Net revenue from gaming (total) $0.00  
Income from dividends, interest, and similar investments $8.00  
Net rental income $0.00$0.00 
Net income from fundraising events $0.00  
Net inventory sales (total) $0.00  
Expense categories (totals)
Total functional expenses: sum of all $212,315.00  
Total functional expenses: program service  $0.00  
Total functional expenses: management and general $0.00  
Total functional expenses: fundraising $0.00  
Fees for services
Lobbying fees (total) $0.00  
Legal fees (total) $0.00  
Fundraising service fees (total) $0.00  
General management fees (total) $0.00  
Investment management fees (total) $0.00  
Assets and liabilities
Total assets$83,613.00$98,442.00$60,073.00$59,363.00
Total assets, beginning of year$98,442.00$60,073.00$59,363.00 
Total liabilities$38,241.00$27,302.00$987.00$927.00
Total liabilities, beginning of year$27,302.00$987.00$927.00 
Pledges & accounts receivable, net $0.00  
Loans & receivables from key persons $0.00  
Unrestricted net assets, end of yr $71,140.00  
Net assets$45,372.00$71,140.00$59,086.00 
Net assets, beginning of year $59,086.00  
Other liabilities $224.00  
Intangible assets $0.00  
Other assets $0.00  
Investments: other securities $0.00  
Investments: publicly traded securities $0.00  
Cash: non-interest bearing $78,669.00  
Cash: non-interest bearing, beginning of year $35,017.00  
Investments -- program-related $0.00  
Inventories for sale or use $0.00  
Other financial variables
Revenue less expenses $12,054.00  
Advertising (total) $6,048.00  
Savings & temp cash investment $0.00  
Accounts receivable, net $19,072.00  
Prepaid expenses & deferred charges $0.00  
Accounts payable & accrued expenses $27,078.00  
Total net assets or fund balances $71,140.00  
Depreciation, depletion, amortization $124.00  
Payment to affiliates $0.00  
Governance and accountability
Number of voting members 10  
Number of independent voting members 10  
Accrual accountingTrueTrueTrue 
Tax year start date2016-01-012015-01-012014-01-01 
Tax year end date2016-12-012015-12-012014-12-012013-12-01
Metadata about the filing
E-return type: 990, 990EZ, or 990PF990EZ990990EZ 
Date e-filing submitted2017-09-252016-08-302015-08-05 
IRS schema version2016v3.02015v2.02014v5.0 
Filing identifier201721329349201257201611209349300516201541339349203284 
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