Digital Place-Based Advertising Association Inc
- Assets
- $4.0m
- Revenue
- $4.4m
- Investments
- $0.0
- Employees
- 7
- Location
- Cutchogue, NY
- Founding
- 04/2007
- Data as of
- 12/2023
- EIN
- 20-5360895
Organization Overview
Digital Place-Based Advertising Association Inc is located in Cutchogue, NY. The organization was established in 2007. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2023, Digital Place-Based Advertising Association Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Digital Place-Based Advertising Association Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2023, Digital Place-Based Advertising Association Inc generated $4.4m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 10.6% each year . All expenses for the organization totaled $4.7m during the year ending 12/2023. While expenses have increased by 12.8% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO DEVELOP AND PROMOTE THE ADOPTION OF DIGITAL PLACE-BASED ADVERTISING NETWORKS AND OPERATORS THROUGH EDUCATION OF MARKETING EXECUTIVES AND THEIR AGENCY REPRESENTATIVES, AND TO ESTABLISH PRO-COMPETITIVE INDUSTRY GUIDELINES THROUGH THE FACILITATION OF RESEARCH
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROMOTE THE DIGITAL PLACE-BASED ADVERTISING INDUSTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barry Frey President & CEO | OfficerTrustee | 50 | $1,146,248 |
Noah Klas VP Member Services | 50 | $321,611 | |
Carrie Daly VP Development | 50 | $238,451 | |
Bryan Kelley Marketing Director | 50 | $111,044 | |
Francois DE Gaspe Beaubien Chairman | OfficerTrustee | 5 | $0 |
Marc Kidd Director | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ajay Durani Marketing | 12/30/23 | $235,721 |
Scott E Hunzinger Cpa Pc Accounting | 12/30/23 | $153,675 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $2,865,486 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,865,486 |
| Total Program Service Revenue | $1,540,883 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,406,369 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,146,248 |
| Compensation of current officers, directors, key employees. | $171,937 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $860,794 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $170,265 |
| Payroll taxes | $80,119 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $24,895 |
| Fees for services: Accounting | $123,675 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $161,495 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $174,156 |
| Travel | $204,094 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,097,256 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $15,442 |
| All other expenses | $0 |
| Total functional expenses | $4,687,561 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,836,333 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,205,325 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,859 |
| Total assets | $4,048,517 |
| Accounts payable and accrued expenses | $23,852 |
| Grants payable | $0 |
| Deferred revenue | $1,361,140 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $613,232 |
| Total liabilities | $1,998,224 |
| Net assets without donor restrictions | $2,050,293 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,048,517 |