Tri-Lakes Cares
Meets Standards
Standards For Charity Accountability
Governance
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Board Oversight
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Board Size
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Board Meetings
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Board Compensation
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Conflict of Interest
Measuring Effectiveness
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Effectiveness Policy
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Effectiveness Report
Finances
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Program Expenses
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Fundraising Expenses
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Accumulating Funds
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Audit Report
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Detailed Expense Breakdown
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Accurate Expense Reporting
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Budget Plan
Fundraising & Info
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Truthful Materials
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Annual Report
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Website Disclosures
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Donor Privacy
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Cause Marketing Disclosures
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Complaints
Tri-Lakes Cares meets the 20 Standards for Charity Accountability.
Stated Purpose:
Empowering families and individuals to reach towards a better tomorrow.
Year, State Incorporated:
1984, CO
The goal of Tri-Lakes Cares is to improve the quality of people's lives by providing emergency, relief, and self-sufficiency services. TLC does this by ensuring that economically disadvantaged households have access to essential needs such as food, housing, medical care, and financial assistance to keep them healthy and safe. Low-income households sometimes have to choose between putting food on the table or keeping the lights on, between getting medical care or paying the rent. Tri-Lakes Cares helps to resolve these difficult choices by providing access to basic services, described below.
For the year ended September 30, 2023, Tri-Lakes Cares's program expenses were:
| Family Stabilization | $808,463 |
| Pantry | $782,417 |
| Housing and Utilities | $307,717 |
| Total Program Expenses | $1,898,597 |
Chief Executive
Haley Chapin, Executive Director
Compensation*
$96,736
Chair of the Board
Rich Schur, Owner/COO
Chair's Profession / Business Affiliation
Schur Success Group
Board Size
9
Paid Staff Size
16
* Compensation includes annual salary and, if applicable, benefit plans, expense accounts and other allowances.
Method(s) Used:
Direct mail appeals, Invitations to fund raising events, Grant proposals, Internet, Appeals via Social Media (Facebook, etc.)
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on Tri-Lakes Cares's audited financial statements for the year ended September 30, 2023.
Source of Funds
| Donated Goods and Services | $882,593 |
| Contributions | $846,646 |
| Grants | $674,608 |
| Investment Income | $137,782 |
| Special Event Revenue | $63,623 |
| Other | $30 |
| Total Income | $2,605,282 |
Programs: 80% Fundraising: 14% Administrative: 6%
| Total Income | $2,605,282 |
| Total expenses: | $2,372,548 |
| Program expenses | $1,898,597 |
| Fundraising expenses | $334,337 |
| Administrative expenses | $139,614 |
| Other expenses | $0 |
| Income in Excess of Expenses | $232,734 |
| Beginning Net Assets | $1,918,994 |
| Other Changes In Net Assets | $0 |
| Ending Net Assets | $2,151,728 |
| Total Liabilities | $231,305 |
| Total Assets | $2,383,033 |
An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.
This report is not to be used for fundraising or promotional purposes.
RELATED CONTENT
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Meets Standards
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Standards Not Met
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Did Not Disclose
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Review in Progress
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Unable to Verify
Report completed by:
BBB of Southern Colorado