about the Denver Asset Building Coalition (DABC)

The Denver Asset Building Coalition Mission:

To provide free tax preparation, financial education, and financial services through accessible sites in Denver to help the underserved build for the future and become economically stable.

The DABC operates free financial and tax preparation sites in the City and County of Denver, from the last week of January through October every year.  Through these free sites, the underserved public will be able to have their tax returns prepared free of charge, open free bank accounts, and receive free financial services and education to encourage them to save money.

Exempt Status and Charitable Information:

The Denver Asset Building Coalition was officially formed on July 15, 2003. The DABC is
a nonprofit charitable organization recognized under 501(c)(3) of the Internal Revenue Service code. 

Donations to the DABC are tax deductible to the fullest extent of the law.

DABC Federal Identification Number: 77-0646873
DABC Colorado Charitable Registration Number: 20053002093

IRS Tax Site Identification Information:

Denver King Trimble Center SuperSite
EFIN and (SIDN): 842737 (S81013213)

Emily Griffith Opportunity School Tax Site
EFIN and (SIDN): 845179 (S61010068)

Anti-Discrimination Policy:

It is the policy of the Denver Asset Building Coalition (DABC), its employees, and its volunteers to provide information and program services to any and all interested parties in need of said services and for those interested in serving in a volunteer capacity, without regard to factors including the following: age, color, ethnicity, disability, height or weight, gender, sexual or gender orientation, marital or family status, national origin, political persuasion, race or religion.

Annual Tax Returns:

The Denver Asset Building Coalition (DABC) files federal Form 990, Return of Organization Exempt From Income Tax.  All tax returns are available for public inspection by sending an e-mail request to the DABC or contacting our office by phone (303) 388-7030. 

Additional public information regarding the DABC, including the most recently filed Form 990, is also available on the GuideStar website.

Current DABC Annual Report:

2007 DABC Annual Report (Adobe)

Denver Asset Building Coalition accomplishments

In 2008, the DABC assisted the Denver community with the following:
(2 Free Tax SuperSites in Denver - updated 05/02/08)

Total Value of Services Provided: $3,793,122
Total Returns Prepared (2004-2007): 3,433
Total Federal Refunds Issued (2004-2007): $3,192,347
Total Federal EITC Issued (2004-2007): $1,472,792
Total Tax Preparation Fees Saved (2004-2007): $600,775
(Based on $175 per return)
Average Adjusted Gross Income of Customer (all sites): $17,917

2007 Federal Returns Prepared: 3,290
2007 Federal Refunds Issued: $3,111,770
2007 Federal EITC Issued: $1,411,910
2007 Tax Preparation Fees Saved: $575,750
(Based on $175 per return)
2007 Federal Refund Direct Deposits: 1,322
2007 State of Colorado Returns Prepared: 3,210
2007 State of Colorado Refunds Issued: $321,665
Prior Year Federal Returns Prepared (2004-2006): 143
Prior Year and Amended Return Refunds (2004-2006): $80,577
Prior Year and Amended Federal EITC Issued (2004-2006): $60,882

121 Checking Accounts Opened (US Bank)
62 U.S. Savings Bond Sold - Doorways to Dreams Bond Pilot
5 Educational Programs with outreach to 58 low-income residents

In 2007, the DABC assisted the Denver community with the following:
(4 Free Tax SuperSites in Denver - updated 06/15/07)

2006 Federal Returns Prepared: 2,504
2006 Federal Refunds Issued: $3,116,084
2006 Federal EITC Issued: $1,274,910
2006 Tax Preparation Fees Saved: $438,200 (Based on $175 per return)
2006 Federal Refund Direct Deposits: 1,051
2006 State of Colorado Returns Prepared: 2,434
2006 State of Colorado Refunds Issued: $363,690
Prior Year Federal Returns Prepared (2003-2005): 221
Prior Year and Amended Return Refunds (2003-2005): $112,311

Total Returns Prepared (2003-2006): 2,725
Total Federal Refunds Issued (2003-2006): $3,228,395
Total Federal EITC Issued (2003-2006): $1,369,669
Total Tax Preparation Fees Saved (2003-2006): $476,875 (Based on $175 per return)
Average Adjusted Gross Income of Customer (all sites): $16,542

107 Checking Accounts Opened (US Bank and Key Bank)
57 U.S. Savings Bond Sold - Doorways to Dreams Bond Pilot

In 2006, the DABC assisted the Denver community with the following:
(1 Free Tax SuperSite in Denver - updated 06/27/06)

2005 Federal Returns Prepared: 1,521
2005 Federal Refunds Issued: $1,965,840
2005 Federal EITC Issued: $760,794
2005 Child Tax Credit Issued: $580,303
2005 Tax Preparation Fees Saved: $266,175 (Based on $175 per return)
2005 Federal Refund Direct Deposits: 641
2005 State of Colorado Returns Prepared: 1,509
2005 State of Colorado Refunds Issued: $274,352
Prior Year Federal Returns Prepared (2002-2004): 152
Prior Year and Amended Return Refunds (2002-2004): $33,215

Total Returns Prepared (2002-2005): 1,673
Total Federal Refunds Issued (2002-2005): $1,999,055
Average Adjusted Gross Income of Customer: $19,024

92 US Bank Checking Accounts Opened
111 Savers Enrolled - ColoradoSaves
10 Refund Splits Completed - Refund to Assets (R2A) Program

In 2005, the DABC assisted the Denver community with the following:
(11 Free Tax Sites in Denver)

2004 Federal Returns Prepared: 4,163
2004 Federal Refunds Issued: $4,418,193
2004 Federal EITC Issued: $1,696,461
2004 Tax Preparation Fees Saved: $728,525 (Based on $175 per return)
Average Adjusted Gross Income of Customer: $19,192

In 2004, the DABC assisted the Denver community with the following:
(12 Free Tax Sites in Denver)

the DENVER asset building coalition executive director

The DABC volunteer Executive Director position is currently vacant. 

the dabc board of directors

DABC Officers
Mark Phillips - President
Brian Cotter - Vice President
John Russell - Treasurer
Bri Herber - Secretary

DABC Board Members
Elli Behr - Member at Large
Joshua Cahalan - Member at Large
John Conley - Advisory Board Member
Dan Halleman - Member at Large
Jon Harrington - Member at Large
Benjamin Hodges - Member at Large
Penny May - Member at Large
Angela Oppenheim - Member at Large
Kathleen Sgamma - Member at Large
Edwin Velis - Member at Large

If you are interested in volunteering with the DABC please visit our current volunteer opportunities page.