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Nonprofit · EIN 87-4361445

SUMMIT ECONOMIC PARTNERSHIP

Tax-exempt · FRISCO, CO 80443

Financials

$177K$199K2023$393K$310K2024
Revenue Expenses · by fiscal year end
Financials of SUMMIT ECONOMIC PARTNERSHIP by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$393,014$310,490$82,524$86,175$920$85,255
December 31, 2023990-EZ$176,666$199,161-$22,495$7,254$4,523$2,731
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$393,014
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$135,000
Salaries, compensation and benefits (total)
$145,328
Professional fundraising fees
$0
Accounting fees
$5,708
Occupancy
$4,009
Travel
$3,397
Program services (functional)
$235,975
Management and general (functional)
$74,515

Balance sheet and other

Total assets, start of year
$7,254
Total assets, end of year
$86,175
Total liabilities, end of year
$920
Net assets, end of year
$85,255
Net assets without donor restrictions
$85,255
Gross receipts
$393,014
Employees
0
Year formed
2022
State of legal domicile
CO

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
THAYER HIRSHCEO
Trustee or director
40$135,000
BENJAMIN MILLERPresident
Trustee or director, Officer
0.5$0
BLAIR MCGARYMEMBER
Trustee or director
0.5$0
DAVE ASKELANDTreasurer
Trustee or director
0.5$0
EDDIE OBRIENMEMBER
Trustee or director
0.5$0
MIKE SHAMBARGERMEMBER
Trustee or director
0.5$0
NELL WAREHAMMEMBER
Trustee or director
0.5$0
STEVE SHAPIROMEMBER
Trustee or director
0.5$0
BRITTANY ROMANOMEMBER
Trustee or director
0.5$0
AARON LANDAUMEMBER
Trustee or director
0.5$0
MARCO VIENNAMEMBER
Trustee or director
0.5$0
MARK RICHARDSMEMBER
Trustee or director
0.5$0
ERIN YOUNGVice President
Trustee or director, Officer
0.5$0
990-EZ for the year ended December 31, 2023: 13 people
NameTitleHours / weekCompensation
THAYER HIRSHExecutive Dir.40$11,250
BENJAMIN MILLERPresident0$0
BLAIR MCGARYMEMBER0$0
DAVE ASKELANDTreasurer0$0
EDDIE OBRIENMEMBER0$0
MIKE SHAMBARGERMEMBER0$0
NELL WAREHAMMEMBER0$0
STEVE SHAPIROMEMBER0$0
BRITTANY ROMANOMEMBER0$0
AARON LANDAUMEMBER0$0
MARCO VIENNAMEMBER0$0
MARK RICHARDSMEMBER0$0
ERIN YOUNGVice President0$0

Address and contacts

Address (IRS master file)
PO BOX 1561, FRISCO, CO 80443-1561
Mailing address (990-N for 2022)
PO Box 1561, Frisco CO 80443
Principal officer (990 for 2024)
BENJAMIN MILLER, PO BOX 1561, FRISCO, CO 80443
Principal officer (990-N for 2022)
Edward O'Brien, PO Box 1561, Frisco CO 80443
Signed the 990
BENJAMIN MILLER, President
Phone
(970) 343-4607
Return prepared by
Swift CPA LLC

Mission

TO PROMOTE SUSTAINABLE ECONOMIC GROWTH FOR SUMMIT COUNTY BY FOSTERING INNOVATION, COLLABORATIN, AND COMMUNITY DRIVEN INITIATIVES.

990 for the year ended December 31, 2024

Program accomplishments

  • The purpose of the Summit Economic Partnership is to promote workforce development, entrepreneurship, and economic diversification in Summit County, Colorado. By applying for nonprofit corporation status, the Summit Economic Partnership is positioning itself to be an eligible grant recipient and administrator, in addition to serving as a community liaison, coordinating with local governments, and spearheading projects within its core mission. Some fundraising and other financial support activity, such as grant writing, will be necessary for the sustainability of the nonprofit corporation.
    Expenses $235,975

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
87-4361445
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2022
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$86,175
Income (IRS master file)
$393,014

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$393,014$310,490$86,175XML
990-EZDecember 2023$176,666$199,161$7,254XML
990-N for 2022
Officer: Edward O'Brien
December 31, 2022≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 87-4361445).

Questions about SUMMIT ECONOMIC PARTNERSHIP

What is the EIN of SUMMIT ECONOMIC PARTNERSHIP?
The employer identification number (EIN) of SUMMIT ECONOMIC PARTNERSHIP is 87-4361445.
Is SUMMIT ECONOMIC PARTNERSHIP tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to SUMMIT ECONOMIC PARTNERSHIP tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SUMMIT ECONOMIC PARTNERSHIP file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of SUMMIT ECONOMIC PARTNERSHIP due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SUMMIT ECONOMIC PARTNERSHIP last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of SUMMIT ECONOMIC PARTNERSHIP?
The 990 for the year ended December 31, 2024 names BENJAMIN MILLER.
Who are the officers and directors of SUMMIT ECONOMIC PARTNERSHIP?
The 990 for the year ended December 31, 2024 lists 13 people; 1 received compensation from the organization, the highest $135,000 (THAYER HIRSH, CEO).
How much revenue does SUMMIT ECONOMIC PARTNERSHIP have?
On its 990 for the year ended December 31, 2024 it reported revenue of $393,014, expenses of $310,490 and total assets of $86,175 at year end.

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