2024-11-15T15:11:01-06:00 2023-12-31 455297192 RYAN GUNSAULS & O'DONNELL LLC 5590 E YALE AVE SUITE 201 DENVER CO 80222 990 2023-01-01 841135942 WEST COMMUNITY ECONOMIC DEVELOPMENT CORP WEST 3039364302 4200 MORRISON RD UNIT 3 DENVER CO 80219 JOSE G ESPARZA EXECUTIVE DIRECTOR 3039364302 2024-11-15 1 0 KATHERINE T MOELLER CPA P01270619 3037585558 2024-11-15 2023 2024-10-15 13:58:12Z BUCU WEST DEVELOPMENT CENTER JOSE G ESPARZA 3501794 0 X WWW.BUCUWEST.COM X 1987 CO TO CREATE A DESTINATION THAT PROMOTES AND SUPPORTS ENTERPRENEURS, SMALL BUSINESS, CULTURAL ORGANIZTIONS AND RESIDENTS IN AN AUTHENTIC, ENERGETIC AND COLORFULE ENVIRONMENT. 7 7 19 68 -1764 0 1745793 2095070 40311 78807 2960 1684 -55445 -388827 1733619 1786734 7000 41600 0 0 681612 1396535 0 0 90549 904519 54881 1593131 1493016 140488 293718 3309804 3865410 3006807 3268695 302997 596715 BUCU WEST'S MISSION IS TO EMPOWER MARGINALIZED INDIVIDUALS TO OVERCOME POVERTY BY SUPPORTING THEM IN ESTABLISHING AND RUNNING THEIR OWN BUSINESSES IN THE DENVER METRO AREA. 0 0 1164293 41600 78807 SMALL BUSINESS SUPPORT, NEIGHBORHOOD REVITALIZATION, ECONOMIC DEVELOPMENT.BUCU WEST SUPPORTS OVER 300 LOCAL BUSINESSES ANNUALLY BY CREATING PATHWAYS TO OWNERSHIP FOR BIPOC, WOMEN, AND IMMIGRANT ENTREPRENEURS. THROUGH REAL ESTATE ACQUISITION, BUCU WEST MITIGATES DISPLACEMENT RISKS AND PROVIDES AFFORDABLE COMMERCIAL SPACES, ALLOWING SMALL BUSINESSES TO THRIVE AND BUILD EQUITY. THE ORGANIZATION'S KITCHEN FACILITIES ENABLE CULINARY ENTREPRENEURS TO START WITH MINIMAL INVESTMENT, WHILE BUSINESS CONSULTANTS OFFER GUIDANCE ON LICENSING AND COMPLIANCE. THIS HOLISTIC APPROACH STRENGTHENS DENVER'S ECONOMIC FABRIC, FOSTERING GENERATIONAL WEALTH AND STABILITY IN NEIGHBORHOODS AND PROMOTING LONG-TERM GROWTH AND RESILIENCE FOR UNDERSERVED COMMUNITIES. 1164293 1 0 0 0 0 0 0 0 0 0 1 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 32 0 19 1 1 1 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 1 1 0 0 CO X JOSE G ESPARZA 3039364302 4200 MORRISON ROAD SUITE 3 DENVER CO 80219 JERI BARAJAS PRESIDENT 1.00 X X 0 0 0 AARON ELINOFF FORMER PRESIDENT 1.00 X X 0 0 0 NICOLE MARTINEZ SECRETARY 1.00 X X 0 0 0 ELVIS RUBIO MEMBER AT LARGE 1.00 X 0 0 0 HIRAM LICEA MEMBER AT LARGE 1.00 X 0 0 0 NESTOR CASTILLO MEMBER AT LARGE 1.00 X 0 0 0 JOSE ESPARZA EXECUTIVE DIRECTOR 40.00 X 156908 0 6175 JULIE CASAULT DIR OF OUTREACH & OPERATIONS 40.00 X 88304 0 4864 JORGE M DE LA TORRE DIR OF CULINARY ARTS 40.00 X 125400 0 3172 ELIZABETH A MOSKOW CHIEF STRATEGY OFFICER 40.00 X 102005 0 0 472617 0 14211 3 0 1 0 0 1502882 592188 2095070 COMMUNITY PROJECTS 900099 56804 56804 OTHER PROGRAMS 900099 22003 22003 78807 1684 1684 1310607 15626 1697670 17390 -387063 -1764 -388827 -1764 -387063 1786734 78807 -1764 -385379 X 41600 41600 1239909 1041057 123321 75531 49807 41794 4865 3148 106819 89642 10415 6762 5020 4022 998 31499 25237 6262 239547 191918 47629 30941 30421 520 12732 12506 226 9024 7001 2023 297054 291014 6040 153856 151651 1354 851 131080 118313 9228 3539 50486 46220 3548 718 41851 39502 2349 UTILITIES 368121 365322 2799 AMIRTIZATION ON RIGHT T 172306 172306 REPAIRS AND MAINTENANCE 146111 144277 1834 DUES AND SUBSCRIPTIONS 31925 21483 10442 -1666672 -1670993 4321 1493016 1164293 238174 90549 305459 251783 592799 314410 3063403 242237 2333091 2821166 78455 478051 3309804 3865410 48047 286357 2958760 2982338 3006807 3268695 X 302997 596715 302997 596715 3309804 3865410 293718 0 X 1 X 1 X 1 0 X 336472 703975 1013664 1745793 2245330 6045234 336472 703975 1013664 1745793 2245330 6045234 6045234 249425 119607 -43430 941333 1327917 2594852 28147 13385 7143 5289 -1764 52200 8692286 290565 0.69550 0.58330 X 1146664 1146664 866095 125756 740339 727617 28504 699113 323027 87977 235050 2821166 RIGHT OF USE ASSET 478051 478051 X 3652054 1865320 1865320 1786734 0 1786734 3358336 1865320 1865320 1493016 0 1493016 PART X, LINE 2: BUCU WEST IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. BUCU WEST QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION PURSUANT TO SECTIONS 509(A)(1)AND 170 (B)(1)(A)(VI). INCOME FROM ACTIVITIES NOT DIRECTLY RELATED TO ITS TAX-EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. THERE WAS NO UNRELATED TAXABLE INCOME FOR THE YEAR ENDED DECEMBER 31, 2023. BUCU WEST HAS EVALUATED ITS TAX POSITIONS FOR ALL OPEN TAX YEARS. CURRENTLY, THE TAX YEARS OPEN FOR TAX AUTHORITY EXAMINATION ARE 2019 THROUGH 2021 BY THE INTERNAL REVENUE SERVICE. HOWEVER, BUCU WEST IS NOT CURRENTLY UNDER AUDIT NOR HAS IT BEEN CONTACTED BY THIS TAXING AUTHORITY. BASED ON THE EVALUATION OF BUCU WEST'S TAX POSITIONS, MANAGEMENT BELIEVES ALL TAX POSITIONS TAKEN WOULD BE UPHELD UNDER AN EXAMINATION. THEREFORE, NO PROVISION FOR THE EFFECTS OF UNCERTAIN TAX POSITIONS HAVE BEEN RECORDED FOR THE YEAR ENDED DECEMBER 31, 2023. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 1,715,060. PASSTHROUGH GRANTS AWARDED 150,260. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 1,715,060. PASSTHROUGH GRANTS AWARDED 150,260. 0 VARIOUS BUCU GRANTS AWARDED 3800 MORRISON RD DENVER CO 80219 501C(3) 41600 0 ACTUAL BUILDING IMPROVEMENTS PART I LINE 2 THIS WAS A PASS-THROUGH GRANT AND NO MONITORING WAS REQUIRED. 0 0 0 0 0 0 0 0 0 JOSE ESPARZA EXECUTIVE DIRECTOR 156908 0 0 0 0 0 0 0 6175 0 163083 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B COPY OF FORM 990 IS AVAILABLE TO BOARD MEMBERS UPON REQUEST. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION IS DISCUSSED AT BOARD MEETING. FORM 990, PART VI, SECTION C, LINE 18 FORMS AREAVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 FORMS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 191,918. MANAGEMENT AND GENERAL EXPENSES 47,629. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 239,547. BUBU WEST KITCHEN 4986 MORRISON RD DENVER CO 80219 REAL ESTATE RENTAL CO 4040 MORRISON RD LLC 4040 MORRISON RD DENVER CO 80219 REAL ESTATE RENTAL CO