Downtown Ventura Organization
- Assets
- $29.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ventura, CA
- Founding
- 07/2007
- Data as of
- 12/2021
- EIN
- 75-3204291
Organization Overview
Downtown Ventura Organization is located in Ventura, CA. The organization was established in 2007. According to its NTEE Classification (S30) the organization is classified as: Economic 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. Downtown Ventura Organization 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 12/2021, Downtown Ventura Organization generated $64.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (16.1%) each year. All expenses for the organization totaled $66.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (14.1%) per year over the past 7 years. 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 Mission:
Part 3 - Line 1
CREATE A VIBRANT DOWNTOWN VENTURA.
Describe the Organization's Program Activity:
Part 3
PLANNING, LOGISTICS, COMMUNICATIONS, MARKETING, ADMINISTRATION AND VOLUNTEER ASSISTANCE FOR 18 PUBLIC EVENTS IN DOWNTOWN VENTURA.
ADMINISTERED FISCAL YEAR 2019-20 TEMPORARY EMERGENCY SHELTER THAT PROVIDED ASSISTANCE TO 438 HOMELESS PEOPLE AND STAYED OPEN 24 HOURS PER DAY.
DOWNTOWN VENTURA BEUTIFICATION PROGRAM.
$3,360 FOR DOWNTOWN VENTURA ADVERSTISING AND PROMOTION AND A $1,000 GRANT TO THE NATIONAL POLICE DOG FOUNDATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Martha Cantos Vice-President | 1 | $0 | |
Christy Weir President | 1.5 | $0 | |
Angie Hecht Treasurer | 1 | $0 | |
Cathy Butter Board Member | 1 | $0 | |
Hunter Becker Board Member | 1 | $0 | |
Carey Jonker Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $61,395 |
| Total Program Service Revenue | $977 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $2,250 |
| Total Revenue | $64,622 |
| 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 | $20,532 |
| Occupancy, rent, utilities, and maintenance | $4,792 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $32,544 |
| Total expenses | $66,368 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $26,628 |
| Other assets | $0 |
| Total assets | $29,611 |
| Total liabilities | $0 |
| Net assets or fund balances | $29,611 |
Grants Awarded
Over the last fiscal year, Downtown Ventura Organization has awarded $90,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Washington, DC PURPOSE: THOMAS FIRE RELIEF | $50,000 |
Camarillo, CA PURPOSE: THOMAS FIRE RELIEF | $20,000 |
Ventura, CA PURPOSE: THOMAS FIRE RELIEF | $20,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Downtown Ventura Organization has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Californias For Energy Independence San Rafael, CA PURPOSE: See Part IV | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Long Beach Area Convention And Visitors Bureau Inc Long Beach, CA | $4,784,571 | $9,189,036 |
San Luis Obispo Visitors & Conference Bureau Incorporated San Luis Obispo, CA | $7,302,521 | $9,818,447 |
Smcu Community Fund Redwood City, CA | $1,513,371 | $6,964,137 |
Maui Economic Development Board Inc Medb Kihei, HI | $10,649,362 | $7,742,311 |
Greater Phoenix Economic Council Phoenix, AZ | $6,926,984 | $7,545,492 |
Santa Monica Travel & Tourism Santa Monica, CA | $2,868,308 | $7,126,411 |
Providence Foundation Of San Francisco San Francisco, CA | $2,572,916 | $7,012,697 |
La Cocina Inc San Francisco, CA | $10,601,250 | $8,307,558 |
Cplc Nevada Inc Phoenix, AZ | $8,204,824 | $6,300,794 |
Visit Napa Valley Inc Napa, CA | $10,680,406 | $9,057,176 |
Northern California Indian Development Council Inc Eureka, CA | $9,408,932 | $5,019,094 |
Greater Sacramento Area Economic Council Sacramento, CA | $15,768,585 | $3,467,560 |