2012-05-11T12:00:42-07:00 2011-12-31 Victor T Damian CPA PO Box 370053 Denver CO 80237 990 2011-01-01 840797208 COMMUNITY ECONOMIC DEVEL COMPANY OF COLO COMM 3038938989 1175 OSAGE DENVER CO 80204 WILLIAM C BACON 2012-05-11 false VICTOR T DAMIAN X 2011 2016-02-24 21:20:13Z 723888 false false X N/A X 1978 CO ACQISITION OF FINANCING FOR SMALL BUSINESS IN ORDER TO PROVIDE EMPLOYMENT OPPORTUNITIES IN ORDER TO CREATE A BETTER COMMUNITY 10 9 0 0 7080 901445 715464 1323 1344 0 902768 723888 0 0 602521 596499 0 13211 244397 185574 846918 782073 55850 -58185 1141845 883206 819110 619542 322735 263664 ACQISITION OF FINANCING FOR SMALL BUSINESS IN ORDER TO PROVIDE EMPLOYMENT OPPORTUNITIES IN ORDER TO CREATE A BETTER COMMUNITY false false 659998 715464 ACQUISITION OF LONG TERM FINANCING FOR SMALL BUSINESS ALLOWS THE BUSINESS COMMUNITY TO CREATE JOBS TO BETTER THE COMMUNITY 659998 true false false false false false false false false false true false false true true false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 0 0 false 0 false false false false false false false false false false false false 0 false false false false false false false false false false false X 10 9 true false false false true true true true true false false false true true true true false true false false false false X THE COMPANY 3038938989 1175 OSAGE DENVER CO 80204 KAY E SHAW 40.00 X 74265 0 0 WILLIAM C BACON 40.00 X 94981 0 0 MARY J HARMONY 0.00 X 66401 0 0 235647 0 false false false 0 7080 7080 ORIGINATION & SERVICE INC 715464 715464 715464 1344 1344 0 0 0 0 0 0 0 0 723888 716808 0 0 0 0 235647 176803 54093 4751 0 252321 249185 3136 0 74979 60314 11167 3498 33552 26841 5033 1678 0 0 7136 7136 0 0 0 9474 7579 1895 8703 6963 1306 434 9122 7298 1824 0 0 43560 34848 8712 12190 9752 1829 609 0 7507 6005 1126 376 0 0 4469 3575 670 224 7204 5763 1080 361 TELEPHONE 9948 7958 1492 498 REPAIRS 9960 7968 1494 498 LOAN COSTS 30304 30304 EDUCATION/TRAINING 6897 5518 1379 BAD DEBTS 7500 7500 11600 5824 5492 284 782073 659998 108864 13211 825706 639057 0 0 26851 41248 0 0 0 0 33515 63946 48130 31224 9409 16906 0 0 0 0 246364 122049 1141845 883206 12827 52592 806283 566950 819110 619542 X 322735 263664 322735 263664 1141845 883206 X -58185 -886 X false true false X false false X 10000 7080 17080 890119 803268 901468 901445 715464 4211764 0 0 0 900119 803268 901468 901445 722544 4228844 0 36718 30357 86288 33652 11306 198321 36718 30357 86288 33652 11306 198321 4030523 36670 15735 4993 1323 1344 60065 0 36670 15735 4993 1323 1344 60065 0 0 936789 819003 906461 902768 723888 4288909 0.93980 0.93090 0.01400 0.02130 X 48130 31224 16906 16906 NOTE RECEIVABLE 18000 FORECLOSED PROPERTY 104049 122049 REAL ESTATE TAX RESERVE 455157 PAYROLL TAXES 7744 LIABILITY FORECLOSED PROP. 104049 566950 723888 782073 -58185 -886 -886 -59071 723888 723888 723888 782073 782073 782073 Part XI, Line 8 Part XI, Line 8: Other Changes in Net Assets or Fund Balances NON DEDUCTIBLE MEALS $ -886 ROUNDING $ -0 Form 990, Part VI, Line 19 Form 990, Part VI, Line 19: Other Organization Documents Publicly Available By mail. Form 990, Part VI, Line 12c Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts This is done by periodic audits by the SBA during the year, and by certified auditor review at year end, and at every board meeting. Form 990, Part VI, Line 11 Form 990, Part VI, Line 11: Form 990 Review Process 990 is reviewed annually by board of directors. Form 990, Part VI, Line 7b Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders Members are sent a proxy to approve actions of the board of directors. Form 990, Part VI, Line 7a Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body Members govern actions by electing board members and reviewing the annual report. Form 990, Part VI, Line 6 Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder The board of directors is made up of volunteers from private industry and financial institutions in accordance with SBA regulations. Form 990, Part VI, Line 2 Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et The company rents it's premises from the executive director.