East Side Area Business Assoc
- Assets
- $35.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Saint Paul, MN
- Founding
- 05/1993
- Data as of
- 12/2021
- EIN
- 41-1660208
Organization Overview
East Side Area Business Assoc is located in Saint Paul, MN. The organization was established in 1993. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, 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. East Side Area Business Assoc 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, East Side Area Business Assoc generated $89.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.7% each year. All expenses for the organization totaled $68.7k during the year ending 12/2021. While expenses have increased by 5.5% per year over the past 7 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
TO MAKE ST. PAULS EAST SIDE A DESTINATION FOR FOOD, CULTURE, ENTERTAINMENT, AND AN ECONOMIC ENGINE FOR ENTREPRENEURSHIP AND INNOVATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paris Dunning Executive Di | 40 | $56,000 | |
Steve Ledin President | 1 | $0 | |
Juan Cervantes Vice Preside | 1 | $0 | |
William Schultz Board Member | 1 | $0 | |
Khue Yang Treasurer | 1 | $0 | |
Randy Bloom Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $52,422 |
| Total Program Service Revenue | $2,044 |
| Membership dues | $25,750 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $9,444 |
| Other Revenue | $0 |
| Total Revenue | $89,660 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $59,251 |
| Professional fees and other payments to independent contractors | $863 |
| Occupancy, rent, utilities, and maintenance | $490 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $8,054 |
| Total expenses | $68,658 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $35,223 |
| Other assets | $0 |
| Total assets | $35,223 |
| Total liabilities | $4,765 |
| Net assets or fund balances | $30,458 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lakes And Pines Community Action Council Inc Mora, MN | $3,434,723 | $9,795,071 |
Community Action Inc Of Rock And Walworth Counties Beloit, WI | $10,640,793 | $9,364,558 |
Kootasca Community Action Inc Grand Rapids, MN | $3,733,183 | $8,667,071 |
Impact Seven Incorporated Rice Lake, WI | $149,638,063 | $17,926,158 |
North Central Community Action Program Inc wisconsin rapids, WI | $2,366,497 | $7,790,312 |
St Paul Auto Dealers And District 77 Lodge Iamaw Joint Fund Bloomington, MN | $6,441,158 | $6,840,517 |
Community Facility Public Private Partnerships Minnetonka, MN | $139,342,573 | $6,847,373 |
Emerge Community Development Minneapolis, MN | $6,688,888 | $6,982,216 |
Regional Development Authority Davenport, IA | $4,541,432 | $7,109,702 |
Southwestern Minnesota Opportunity Council Inc Worthington, MN | $6,681,573 | $5,602,564 |
Thunder Valley Community Development Corporation Porcupine, SD | $24,786,426 | $14,048,128 |
South Central Iowa Community Action Program Inc Chariton, IA | $1,633,928 | $5,339,343 |