2014-08-11T15:20:09-05:00 2013-12-31 BKD LLP 111 South Tejon Suite 800 Colorado Springs CO 809039848 990 2013-01-01 841264465 Colorado Springs World Arena % COLORADO SPRINGS WORLD ARENA COLO 7194772100 3185 VENETUCCI BLVD Suite COLORADO SPRINGS CO 80906 David Palenchar President 7194772100 2014-08-15 true 7194714290 2013 2015-11-30 17:44:51Z DAVE PALENCHAR 3185 VENETUCCI BLVD COLORADO SPRINGS CO 80906 4587791 false X WWW.WORLDARENA.COM X 1994 CO To lessen the burdens on Co Spgs by oper- ating a multi-purpose public facility that is used for a variety of events. We also manage the Pikes Peak Ctr for Performing Arts. 21 21 311 0 0 168875 259242 4250209 4084944 576827 139105 0 0 4995911 4483291 141686 129068 0 0 2138596 2061807 0 0 250 4101227 3829736 6381509 6020611 -1385598 -1537320 41855230 40391553 1715779 1820463 40139451 38571090 X The Colorado Springs World Arena was organized to lessen the burdens of the city of Colorado Springs for the planning, design, construction, financing, development, ownership and operation of a multi-purpose public facility that could be used for a variety of sporting events, including basketball, ice skating, ice hockey and other activities and events held by sports organizations, educational institutions and the general public. In 2004, the Colorado Springs World Arena assumed management of the Pikes Peak Center, which is a multi-purpose building owned by El Paso County and used for cultural, community and performance arts events. false false 4111677 90115 3204597 OPERATION AND MAINTENANCE OF THE COLORADO SPRINGS WORLD ARENA AND ICE HALL. 1228163 38953 880347 OPERATION AND MAINTENANCE OF THE PIKES PEAK CENTER 5339840 true true false false false false false false false true true false false false true false true false false false false false false false false false false true true true false false false false false false false false false false false false false false false false true 78 0 true 311 true false false false false false false false false false false X 21 21 true false false false false false false true true false false true true true true true true true false false X COLORADO SPRINGS WORLD ARENA 7194772100 3185 VENETUCCI BLVD COLO SPRINGS CO 80906 PETER J SUSEMIHL CHAIRMAN 1.0 X X DAVID J PALENCHAR PRESIDENT 1.0 X X ROBERT J HILBERT TREASURER 1.0 X X GARY BUTTERWORTH SECRETARY 1.0 X X MICHAEL ENGLISH DIRECTOR through 08/2013 1.0 X R THAYER TUTT JR DIRECTOR 1.0 X TOM FALGIEN DIRECTOR 1.0 X CHUCK BROWN DIRECTOR 1.0 X ROBERT HOWSAM DIRECTOR 1.0 X SUSAN EDMONDSON DIRECTOR 1.0 X BOB GORDON DIRECTOR 1.0 X KYLE HYBL DIRECTOR 1.0 X CAROLYN KRUSE DIRECTOR 1.0 X DAVE OGREAN DIRECTOR 1.0 X THEOPHILUS D GREGORY DIRECTOR 1.0 X LOU MELLINI DIRECTOR 1.0 X TOM OSBORNE DIRECTOR 1.0 X NICOLA SAPP DIRECTOR 1.0 X TERRY SULLIVAN DIRECTOR 1.0 X BARBARA YALICH DIRECTOR 1.0 X JIM WARSINSKE DIRECTOR 1.0 X Aron McGuire DIRECTOR 1.0 X Dorothea Lischick General Manager 65.0 X 172144 14301 Tuesday Heslop Asst General Manager 55.0 X 100997 0 22458 273141 0 36759 2 false true false CENTERPLATE 3185 VENETUCCI BLVD COLORADO SPRINGS CO 80906 FOOD AND BEVERAGE 507498 Douglass Colony 5901 East 58th Ave COMMERCE CITY CO 80022 CONSTRUCTION - roof 377193 Tolin Mechanical Systems 12005 East 45th Avenue DENVER CO 80239 MECHANICAL SERVICES 185275 SKATE GREAT ENTERPRISES INC 740 ROBINGLEN CT COLORADO SPRINGS CO 80906 COACH-FIGURE SKATING 162489 J EDGE LLC 2702 West Pikes Peak Ave COLORADO SPRINGS CO 80904 coach-figure skating 136366 9 259242 259242 ARENA REVENUE 900099 2063031 2063031 ICE HALL REVENUE 900099 1141566 1141566 PIKES PEAK CENTER REVENUE 900099 880347 880347 4084944 26716 26716 0 0 0 0 0 216889 104500 112389 112389 112389 0 0 0 0 4483291 4084944 139105 60141 60141 68927 68927 0 0 186445 124918 61527 0 0 1436295 962318 473977 61099 40937 20162 219333 146953 72380 158635 106285 52350 0 28 28 23339 23339 0 0 125 125 168788 168788 16302 16302 98366 98366 0 0 1005576 1005576 6868 6868 0 0 0 0 2160095 2160095 0 REPAIRS & MAINTENANCE 233259 233259 LICENSES & PERMITS 29033 29033 PENROSE CLUB EXPENSES 28887 28887 DUES & SUBSCRIPTIONS 28421 28421 30649 30399 250 6020611 5339840 680521 250 X 952028 1205925 3026234 1190049 50291 126879 853892 830029 0 0 0 0 0 0 0 0 61422 25929 64682559 31896242 34012345 32786317 2899018 4226425 0 0 0 0 0 0 0 0 41855230 40391553 507786 679190 0 0 1098123 977713 0 0 0 0 0 0 0 0 0 0 109870 163560 1715779 1820463 X 39977287 38334156 162164 236934 0 0 40139451 38571090 41855230 40391553 -1537320 -31166 125 X false true X true false X 212913 222257 214331 168875 259242 1077618 4035366 4467556 4371548 4250209 4084944 21209623 0 0 577197 577197 577197 577197 577197 2885985 4825476 5267010 5163076 4996281 4921383 25173226 4350 9371 6126 4460 4237 28544 1907313 2089475 2255436 1959018 1657467 9868709 1911663 2098846 2261562 1963478 1661704 9897253 15275973 82341 44100 25600 41453 37920 231414 0 82341 44100 25600 41453 37920 231414 0 0 4907817 5311110 5188676 5037734 4959303 25404640 0.60131 0.58102 0.00911 0.01312 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 162164 226717 -18 151929 236934 191636 168874 691 199037 162164 256590 156248 1094 222296 191636 342136 206283 1669 293498 256590 562608 115033 2468 337973 342136 0.00000 0.00000 1.00000 false false 2806333 2806333 39953259 16496600 23456659 4977784 2483103 2494681 6293842 5076531 1217310 10651342 7840008 2811334 32786317 0 DEPOSITS 163560 163560 5029322 -31166 577197 546031 4483291 4483291 6597683 577197 577197 6020486 125 125 6020611 SCHEDULE D, PART V The organization's endowment funds are designated for time and purpose. The intended uses of the organizations endowment funds include the Youth & Community Fund, Learn-to-skate and hockey workshop, internships and others. SCHEDULE D, PART X, LINE 2 Management has evaluated their income tax positions under the guidance included in ASC 740. Based on their review, management has not identified any material uncertain tax positions to be recorded or disclosed in the financial statements. true COLORADO SPRINGS PHILHARMONIC ORCHESTRA PO BOX 1266 COLORADO SPRINGS CO 80901 743091110 501(C)(3) 10000 FMV reduced rent YOUTH & COMMUNITY FUND - SPECIFICALLY THIS GRANT HELPS ENABLE THE CS PHILHARMONIC ORCHESTRA PURCHASE TICKETS FOR THE BENEFIT OF DISADVANTAGED PEOPLE WHO OTHERWISE WOULD NOT BE ABLE TO ATTEND. US ARMY 1675 ELLIS ST FORT CARSON CO 80913 840403198 US GOVERNMENT 8500 FMV REDUCED RENT YOUTH & COMMUNITY FUND - SPECIFICALLY FOR THE BENEFIT OF THE FAMILIES OF THE U.S ARMY AT FT. CARSON TO ATTEND THE CIRCUS AND THE US ARMY SOLDIER SHOW. 2 FRED SINDT SKATERS FUND 29 68927 FMV REDUCED FEES PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS IN THE U.S. PART I, LINE 2 The approval of grant funds in general and approval of specific grants is voted on by the board of directors and by the finance committee at each monthly board meeting. Review of all grant funds (approvals, payments, etc.) also occurs at each monthly finance committee and board meeting. Grant Description Part II, Column H, Colorado Springs Philharmonic Orchestra Youth & Community Fund - specifically this grant helps enable the CS Philharmonic Orchestra to purchase tickets for the benefit of disadvantaged people who otherwise would not be able to attend event. Grant Description Part II, Column H, U.S. Army Youth & Community Fund - specifically for the benefit of the families of the U.S Army at Ft. Carson to attend the Circus and the US Army Soldier Show. X X X false false false false false false false false false Dorothea Lischick General Manager 149497 0 22647 9147 5154 186445 0 BUSINESS RELATIONSHIPS FORM 990, PART VI, QUESTION 2 Dave Palenchar, Tom Osborne, Lou Mellini, Carolyn Kruse, Terry Sullivan, Robert Hilbert, Kyle Hybl, Gary Butterworth, Theophilus Gregory, and R. Thayer Tutt, Jr. have a business relationship. PROCESS TO REVIEW THE FORM 990 FORM 990, PART VI, QUESTION 11B The Form 990 is reviewed internally by the Business Manager, Assistant General Manager and President of the Board. Next, the return is presented to and reviewed by the Finance Committee where they recommend filing the Form 990 with the IRS. A copy of the final Form 990 is made available to the entire Board for review prior to the return being filed with the IRS. PROCESS FOR MONITORING COMPLIANCE WITH CONFLICT OF INTEREST POLICY FORM 990, PART VI, QUESTION 12C Board members complete a conflict of interest form annually to disclose potential conflicts. Board members are excluded from the approval process when conflicts of interest arise. REVIEW OF CEO OR TOP MGMT OFFICIAL COMPENSATION FORM 990, PART VI, QUESTION 15A Compensation is reviewed annually by the Finance Committee and the board of directors. Last review was performed in 2012. The Finance Committee reviewed salaries of comparable venues as set forth in the IAVM complex management salary report. A three-step procedure is followed for the review of compensation and all decisions are documented. HOW DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC PART VI, QUESTION 19 The organization's articles of incorporation are available on the Colorado Secretary of State's website. No other documents unless required by law, including any that were previously available, are available to the public.