Downtown Glendale Association
- Assets
- $531.9k
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Glendale, CA
- Founding
- 06/2014
- Data as of
- 11/2021
- EIN
- 32-0394561
Organization Overview
Downtown Glendale Association is located in Glendale, CA. The organization was established in 2014. According to its NTEE Classification (S22) the organization is classified as: Neighborhood & Block Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an itermediate organization (such as a geographic headquarters) for a national or regional group of organizations. Downtown Glendale Association is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 11/2021, Downtown Glendale Association generated $1.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.8% each year. All expenses for the organization totaled $1.3m during the year ending 11/2021. While expenses have increased by 4.5% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THIS CORPORATION IS TO SUPPORT THE EFFORTS OF THE CITY OF GLENDALE THROUGH THE OPERATION OF THE DOWNTOWN GLENDALE COMMUNITY BENEFIT DISTRICT TO REVITALIZE THE COMMUNITY THROUGH BEAUTIFICATION OF PUBLIC AREAS, PROMOTION OF PUBLIC SAFETY, ORGANIZATION OF EDUCATIONAL AND CULTURAL EVENTS, AND STIMULATION OF COMMUNITY IMPROVEMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SOBO: SIDEWALK OPERATION, BEAUTIFICATION AND ORDER PROGRAM DEALS WITH MAINTENANCE OF THE DOWNTOWN GLENDALE BUSINESS DISTRICT. THE SOBO COMITTEE OVERSEES MAINTENANCE CONTRACTS INVOLVED IN THE IMPROVEMENT OF THE PUBLIC'S RIGHT OF WAY INCLUDING SIDEWALK SWEEPING, STEAM CLEANING, LANDSCAPING, AND PRIVATE SECURITY. EXPENSES INCLUDE:MAINTENANCE PROVIDER & OPERATION DIRECTOR 733,000MISCELLANEOUS 15,990 REPAIRS AND MAINTENANCE 5,974PUBLIC SPACE MAINTENANCE 12,844RENT 26,676UNIFORMS 6,160SUPPLIES 13,532FUEL & MAINTENANCE 23,929AUTO INSURANCE 7,820
DISI: DISTRICT IDENTITY AND STREETSCAPE IMPROVEMENTS ARE AIMED TO PROMOTE POSITIVE ASPECTS OF THE DOWNTOWN GLENDALE COMMUNITY BENEFIT DISTRICT THROUGH BRANDING, PUBLIC RELATIONS, NEWSLETTER, SPECIAL EVENTS, WEBISTE DEVELOPMENT, BANNER PROGRAM, STREETSCAPE DESIGN ISSUES AND PUBLIC SPACE PROJECTS AND IMPROVEMENTS. EXPENSE INCLUDE:ADVERTISING 1,687BANNERS 42,000GRANT 10,000MISC 3,144 PUBLIC RELATIONS 36,000RENT 12,239SEASONAL DISPLAYS 76,610SPECIAL EVENTS 1,605SPECIAL PROJECTS 6,901WEBSITE 4,820
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ryan Huffman Manager | OfficerTrustee | 2 | $0 |
Joseph P Stitick Ccim Vice President | OfficerTrustee | 2 | $0 |
Raul Porto Secretary | OfficerTrustee | 2 | $0 |
Helen Mcdonagh Treasurer | OfficerTrustee | 5 | $0 |
Jennifer Hiramoto Board Member | Trustee | 2 | $0 |
Randy Stevenson Board Memebr | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| 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 | $0 |
| Total Program Service Revenue | $1,466,323 |
| Investment income | $395 |
| 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 | $1,466,718 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $10,000 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $195,000 |
| Fees for services: Legal | $130 |
| Fees for services: Accounting | $5,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $769,000 |
| Advertising and promotion | $1,687 |
| Office expenses | $3,188 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $38,915 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,623 |
| Insurance | $14,579 |
| All other expenses | $62,218 |
| Total functional expenses | $1,272,744 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $479,145 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $20,800 |
| 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 | $31,908 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $531,853 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $531,853 |
| 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 | $531,853 |
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