REGION 10 LEAGUE FOR ECONOMIC ASSISTANCE AND PLANNING INC Charity Report

Public IRS 990 nonprofit record

REGION 10 LEAGUE FOR ECONOMIC ASSISTANCE AND PLANNING INC

EIN 84-0631483 · Economic Development (S30)

What they do

PROVIDES PROGRAMS and SERVICES THAT MEET THE NEEDS of THE PEOPLE IN THE REGION, ARE COST-EFFECTIVE, REDUCE THE BURDEN of LOCAL GOVERNMENTS, LEVERAGE AVAILABLE RESOURCES, and SUPPORT OUR CHARITABLE STATUS.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $97.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2021The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders30 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

109.93%of revenue went to mission work97.0% of expenses · Program services

$113.34spent for every $100 of revenueSpending was higher than revenue this year.

3.41%of revenue went to management and office costs3.0% of expenses

$3.20in assets for every $1 spent this yearSome assets cannot be spent right away.

91.7%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $598,054 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $125,054 for MICHELLE HAYNES (EXECUTIVE DI). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2021

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$4,484,381

Mission workProgram services$4,929,506109.93% of revenue97.0% of expenses

ManagementOffice and general costs$152,9293.41% of revenue3.0% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$5,082,435113.34% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2021CurrentExpense mix: 97.0% mission · 3.0% management · 0.0% fundraisingTotal expenses: 113.34% of revenue

2020Expense mix: 98.4% mission · 1.6% management · 0.0% fundraisingTotal expenses: 81.66% of revenue

2019Expense mix: 91.5% mission · 8.5% management · 0.0% fundraisingTotal expenses: 76.03% of revenue

2018Expense mix: 76.7% mission · 23.3% management · 0.0% fundraisingTotal expenses: 79.01% of revenue

2017Expense mix: 86.8% mission · 13.2% management · 0.0% fundraisingTotal expenses: 29.72% of revenue

2016Expense mix: 88.2% mission · 11.8% management · 0.0% fundraisingTotal expenses: 49.46% of revenue

2015Expense mix: 88.7% mission · 11.3% management · 0.0% fundraisingTotal expenses: 83.41% of revenue

Money in and money out

Revenue$4,484,381

Expenses$5,082,435

Annual shortfall $598,054 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$4,929,506 · 97.0% of expenses

Management and office costs$152,929 · 3.0% of expenses

See all reported dollar amounts

Revenue$4,484,381

Expenses$5,082,435

Assets$16,255,337

Income$4,484,381

Contributions$4,114,347

Mission work (program services)$4,929,506

Grants given$4,055,481

Average grant$23,442

Management and general$152,929

Executive compensation (total)$85,152

Accounting fees$18,752

People

Leadership and board

Tax year 2021

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

MICHELLE HAYNESEXECUTIVE DI · 40 hrs/week $125,054Base $100,668 · Other $24,386

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (30)

MICHELLE HAYNESEXECUTIVE DI

KRIS HOLSTROMVICE CHAIR

ZOE DOHNALMEMBER

VINCENT ROGALSKIMEMBER

ROLAND MASONCHAIR

ROGER RASHPAST CHAIR

PATTI MICHAELMEMBER

PATTI GRAFFMEYERMEMBER

MIKE BORDOGNAMEMBER

MICHAEL BACANIMEMBER

MELISSA LAMPSHIREMEMBER

MARY HOCKENBERRYMEMBER

MARY BACHARANMEMBER

LINDA RIBAMEMBER

LES MERGELMANMEMBER

BARBARA BYNUMMEMBER

JON WASCHBUSCHTREASURER

JOHN CLARKMEMBER

JIM SCHMIDTMEMBER

JIM GELWICKSMEMBER

JACK GILBRIDEMEMBER

HAROLD COWELSMEMBER

GREG NELSONMEMBER

GREG DAVIDSONMEMBER

ELYSE ACKERMAN-CASSELBERRYMEMBER

DON SUPPESMEMBER

DELANIE YOUNGMEMBER

DAVE ROBERTSMEMBER

DAN MARSHALLMEMBER

BEN TISDELMEMBER

About this charity

Recognized since: January 2011
Location: 145 S CASCADE AVE, MONTROSE, CO 81401-3922
County: Montrose
In care of: % PAUL GRAY
Primary officer: MICHELLE HAYNES, EXECUTIVE DIRECTOR

How to reach them

WebsiteVisit the charity’s website Emailadmin@region10.net Phone(970) 249-2436

Filing and classification

Latest tax year: 2021
Tax period began: July 1, 2021
Return type: 990
Tax preparer: CHADWICK STEINKIRCHNER DAVIS & CO P C
NTEE classification: Economic Development (S30)
IRS tax category: Economic Development
Grant-giving organization: Yes