R Street Sacramento Partnership is located in Sacramento, CA. The organization was established in 2013. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, 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. R Street Sacramento Partnership 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, R Street Sacramento Partnership generated $273.1k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 10.8% each year . All expenses for the organization totaled $330.1k during the year ending 12/2023. While expenses have increased by 13.8% 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 PROMOTE THE COMMON INTEREST OF R STREET SACRAMENTO BUSINESS AND PROPERTY OWNERS BY IMPROVING BUSINESS CONDITIONS IN R STREET AREA
Describe the Organization's Program Activity:
Part 3 - Line 4a
ENHANCED MAINTENANCE: AN ENHANCED MAINTENANCE PROGRAM, BUILDING UPON EXISTING PUBLIC SERVICES, IS THE PRIMARY FOCUS OF THE PBID. THE ENHANCED MAINTENANCE PROGRAM INCLUDED GRAFFITI REMOVAL, REGULAR LITTER PICKUP, AND SIDEWALK PRESSURE WASHING. ADDITIONALLY, PBID PROVIDES 7-DAY A WEEK, PRIVATE SECURITY PATROLS. THESE SERVICES ARE INTENDED T PROMOTE THE COMMON INTREST OF R STREET, SACRAMENTO BUSINESS AND PROPERTY OWNERS BY IMPROVING BUSINESS CONDITIONS IN THE R & S STREET AREA.
PROMOTION, EVENTS AND ADMINSTRATION: IT WAS THE DESIRE OF OWNERS, UPON FORMATION, THAT A PROMOTIONS PROGRAM WOULD BE DEVELOPED TO PROMOTE T STREET AS A VIBRANT COMMERCIAL CENTER. IT WAS THE HOPE THAT SPECIAL EVENTS ON R STREET COMBINED WITH PROMOTION AND ADVERTISING OF THE AREA WOULD KEEP PEOPLE COMING TO THE DISTRICT. UNDER THIS PROGRAM, THE R STREET AREA WOULD BE PROMOTED AS A VIBRANT COMMERCIAL CENTER FOR SHOPPERS AND NEW BUSINESS TENANTS. __MARKET RSSP AS A DESTINATION WITH A FOCUS ON ARTS AND CULTURE __CREATED NEW BANNERS FOR THE PARTNERSHIP __COMMUNICATE FREQUENTLY WITH STAKEHOLDERS __DRIVE MORE TRAFFIC TO THE RSSP WEBSITE
10TH-18TH STREET MAINTENANCE FOR NEW IMPROVEMENTS: FUNDS ARE CONTINU- ING TO BE COLLECTED FOR FUTURE MAINTENANCE FOR THE NEW CAPITAL IMPROVEMENTS THAT WERE INSTALLED ON R STREET BETWEEN 10TH & 18TH ST. INCLUDING ELECTRICITY FOR LIGHTS ON NEW ART INSTALLATIONS AND ENTRY FEATURES, AND MAINTENANCE OF BENCHES, BIKE RACKS AND DECORATIVE LIGHT- ING. IT IS ANTICIPATED THAT FUNDS IN THIS CATEGORY WILL BE USED PRIMARILY IN THE LATTER YEARS AS IMPROVEMENT REQUIRED ADDITIONAL MAINTENANCE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michelle Smira Administrator | Officer | 20 | $52,920 |
Allyson Dalton Chair | OfficerTrustee | 0.5 | $0 |
Jessa Berkey Vice Chair | Officer | 0.5 | $0 |
Simon Devere Secretary | OfficerTrustee | 0.5 | $0 |
Steve Johns Treasurer | OfficerTrustee | 0.5 | $0 |
Bay Miry Immediate Past Chair | OfficerTrustee | 0.5 | $0 |
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 | $273,052 |
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 | $273,052 |
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. | $52,920 |
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 | $0 |
Fees for services: Legal | $8,010 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $13,200 |
Office expenses | $20,864 |
Information technology | $33,663 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $1,038 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $3,140 |
All other expenses | $13,276 |
Total functional expenses | $330,095 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $161,044 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
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 | $0 |
Total assets | $161,044 |
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 | $0 |
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 | $161,044 |
Total liabilities and net assets/fund balances | $161,044 |