Borrego Village Association
- Assets
- $135.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Borrego Springs, CA
- Founding
- 05/2009
- Data as of
- 12/2021
- EIN
- 26-0606221
Organization Overview
Borrego Village Association is located in Borrego Springs, CA. The organization was established in 2009. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Borrego Village Association 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 12/2021, Borrego Village Association generated $199.1k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 11.1% each year . All expenses for the organization totaled $74.5k during the year ending 12/2021. While expenses have increased by 13.1% per year over the past 3 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Dion Executive Director | 25 | $35,500 | |
Dick Troy President | 3 | $0 | |
David Garmon Vice President | 2 | $0 | |
James Wermers Vice President | 2 | $0 | |
Dave Duncan Treasuer | 3 | $0 | |
Mike Mcelhatten Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $199,083 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $199,083 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $58,149 |
| Occupancy, rent, utilities, and maintenance | $3,819 |
| Printing, publications, postage, and shipping | $34 |
| Other expenses | $12,477 |
| Total expenses | $74,479 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $135,056 |
| Other assets | $0 |
| Total assets | $135,056 |
| Total liabilities | $0 |
| Net assets or fund balances | $135,056 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Borrego Village Association has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
Borrego Valley Endowment Fund Inc Borrego Springs, CA PURPOSE: Borrego Sp Visitor Experience Plan | $20,000 |
Peer Organizations
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|---|---|---|
Scottsdale Convention And Vistors Bureau Inc Scottsdale, AZ | $8,006,659 | $12,242,411 |
Sustainable Apparel Coalition Inc Oakland, CA | $12,069,125 | $10,210,019 |
Portland Business Alliance Portland, OR | $2,909,182 | $8,830,293 |
California Certified Public Accountants Foundation Burlingame, CA | $12,236,942 | $9,436,468 |
California Life Sciences Association San Diego, CA | $8,698,147 | $9,649,305 |
Monterey County Destination Monterey, CA | $3,905,890 | $8,986,983 |
Team San Jose San Jose, CA | $3,878,197 | $2,539,314 |
Mammoth Lakes Tourism Mammoth Lakes, CA | $11,084,402 | $8,902,762 |
D F A Of California Sacramento, CA | $11,390,800 | $8,118,200 |
Northwest Power Pool Portland, OR | $3,491,594 | $6,118,374 |
Supima Tempe, AZ | $14,183,773 | $7,283,999 |
Western Growers Assn Irvine, CA | $76,133,560 | $13,363,556 |