Downtown Stockton Alliance Inc
- Assets
- $1.4m
- Revenue
- $4.3m
- Investments
- $0.0
- Employees
- 21
- Location
- Stockton, CA
- Founding
- 02/1997
- Data as of
- 12/2023
- EIN
- 68-0374511
Organization Overview
Downtown Stockton Alliance Inc is located in Stockton, CA. The organization was established in 1997. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2023, Downtown Stockton Alliance Inc employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Downtown Stockton Alliance 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, Downtown Stockton Alliance Inc generated $4.3m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 16.7% each year . All expenses for the organization totaled $3.4m during the year ending 12/2023. While expenses have increased by 11.9% 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
THE MISSION OF THE DOWNTOWN STOCKTON ALLIANCE IS TO DEVELOP, PROMOTE AND MAINTAIN HISTORIC DOWNTOWN STOCKTON AS A REGIONAL BUSINESS, CULTURAL AND ENTERTAINMENT DESTINATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
2023 ACCOMPLISHMENTS:1ST QUARTERSTARTED WORK ON THE FOLLOWING APRA PROGRAMS: DOWNTOWN STOCKTON WINDOW REPAIR REIMBURSEMENT PROGRAM, DOWNTOWN STOCKTON ENTREPRENEUR SUPPORT PROGRAM, DOWNTOWN STOCKTON WINDOW WRAP PROGRAM, AND THE DOWNTOWN STOCKTON BUSINESS FACADE IMPROVEMENT GRANT PROGRAM. INCREASED PATROL HOURS INCREASED OUR SOCIAL MEDIA OUTREACH WITH BOOSTING CREATED THE DOWNTOWN STOCKTON ALLIANCE 2023 COMMERCIAL FOR SACRAMENTO FOX40 AND CBS2ND QUARTERCOMPLETED 8 ARPA DOWNTOWN STOCKTON WINDOW WRAP COMPLETED 13 ARPA DOWNTOWN STOCKTON WINDOW REPAIR REIMBURSEMENTS COMPLETED 26 ARPA DOWNTOWN STOCKTON ENTREPRENEUR SUPPORT PROGRAM COMPLETED 8 ARPA DOWNTOWN STOCKTON BUSINESS FACADE IMPROVEMENTS HAD THE MOST YOU TUBE VIEWS IN DSA HISTORY CO-HOSTED MAIN STREET MARKET WITH PARENTS BY CHOICE PREMIERED THE DOWNTOWN STOCKTON COMMERCIAL ON FOX40 AND KOVR3RD QUARTER HOSTED NATIONAL NIGHT OUT WITH SAN JOAQUIN COUNTY OFFICE OF EDUCATION, SAN JOAQUIN PROBATION, AND PARENTS BY CHOICE COMPLETED 5 ARPA DOWNTOWN STOCKTON WINDOW WRAPS COMPLETED 8 ARPA DOWNTOWN STOCKTON WINDOW REPAIR REIMBURSEMENTS COMPLETED 9 ARPA DOWNTOWN STOCKTON ENTREPRENEUR SUPPORT PROGRAM COMPLETED 11 ARPA DOWNTOWN STOCKTON BUSINESS FACADE IMPROVEMENTS SAW A MAJOR INCREASE YOUTUBE FOLLOWERS AND VIEWS4TH QUARTERPARTICIPATED IN VARIOUS HOLIDAY EVENTS INCLUDING TRUNK OF TREAT, SAFE TRICK OR TREAT, AND FREE SANTA PHOTOS AT THE CHILDREN'S MUSEUM OF STOCKTON COMPLETED 8 ARPA DOWNTOWN STOCKTON WINDOW REPAIR REIMBURSEMENTS COMPLETED ARPA DOWNTOWN STOCKTON ENTREPRENEUR SUPPORT PROGRAM COMPLETED 27 ARPA DOWNTOWN STOCKTON BUSINESS FACADE IMPROVEMENTS SAW A MAJOR INCREASE YOUTUBE FOLLOWERS AND VIEWS COMPLETED AND AIRED NEW EPISODE OF SPIRITS OF DOWNTOWN COMPLETED ARPA MARKETING GRANT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Huber CEO | OfficerTrustee | 40 | $110,250 |
Matthew Amen Treasurer | OfficerTrustee | 4 | $0 |
Mahala Burns Director | Trustee | 4 | $0 |
David Lapari Director | Trustee | 4 | $0 |
Kari Mcnickle Director | Trustee | 4 | $0 |
Bejan Broukhim Director | Trustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,242,583 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,718,685 |
| 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 | $3,961,268 |
| Total Program Service Revenue | $0 |
| Investment income | $537 |
| 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 | $4,267,631 |
| 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. | $110,250 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $826,586 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $107,005 |
| Payroll taxes | $81,165 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $225 |
| Fees for services: Accounting | $13,340 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,031 |
| Advertising and promotion | $59,808 |
| Office expenses | $30,510 |
| Information technology | $12,554 |
| Royalties | $0 |
| Occupancy | $86,152 |
| 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 | $43,624 |
| Insurance | $53,184 |
| All other expenses | $63,493 |
| Total functional expenses | $3,364,249 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,286,967 |
| 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 | $83,494 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $38,389 |
| Total assets | $1,408,850 |
| Accounts payable and accrued expenses | $5,749 |
| Grants payable | $0 |
| Deferred revenue | $168,913 |
| 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 | $174,662 |
| Net assets without donor restrictions | $1,234,188 |
| 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 | $1,408,850 |