San Jose Downtown Association
- Assets
- $1.7m
- Revenue
- $2.2m
- Investments
- $0.0
- Employees
- 52
- Location
- San Jose, CA
- Founding
- 12/1988
- Data as of
- 06/2021
- EIN
- 77-0149717
Organization Overview
San Jose Downtown Association is located in San Jose, CA. The organization was established in 1988. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2021, San Jose Downtown Association employed 52 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. San Jose Downtown Association 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 06/2021, San Jose Downtown Association generated $2.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (7.6%) each year. All expenses for the organization totaled $2.2m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (7.9%) per year over the past 6 years. 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
REPRESENTS BUSINESS & PROPERTY OWNERS AND WORKS TO ENHANCE DOWNTOWN'S VITALITY & LIVABILITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DOWNTOWN LIGHTS INCLUDED A HOLIDAY LIGHTS ACTIVATION IN PLAZA DE CESAR CHAVEZ THAT RAN FROM THANKSGIVING UNTIL JANUARY 3, 2021 TO BRING PEOPLE DOWNTOWN DURING THE PANDEMIC FOR A SAFE OUTDOOR HOLIDAY EXPERIENCE. OVER 32,000 VISITORS PASSED THROUGH THE PARK DURING THE SIX (6) WEEK RUN OF THE LIGHT BEAUTIFICATION. THE EXPERIENCE INCLUDED A BEAUTIFUL HOLIDAY SPHERE TREE AS WELL AS OTHER LIGHTS THROUGHOUT THE PARK. SJDA ALSO COORDINATED WITH OTHER COMMUNITY PARTNERS TO HELP CREATE A COHESIVE DOWNTOWN LIGHTS PROGRAM INCLUDING ARTS GROUPS, PROPERTY OWNERS AND DOWNTOWN PARTNERS.
THE DOWNTOWN FARMERS' MARKET MOVED TO THE SOFA DISTRICT IN MAY 2021 FOR THE 28TH SEASON, ATTRACTING OVER 15,000 VISITORS OVER 29 FRIDAYS. SJDA PARTNERS WITH PACIFIC COAST FARMERS' MARKET ASSOCIATION TO HELP DELIVER A UNIQUE CALIFORNIA CERTIFIED MARKET THAT FEATURES OVER 15 PRODUCE VENDORS AND FOOD PURVEYORS - INCLUDING GROWERS FROM NORTHERN CALIFORNIA. ADDITIONALLY, THE DOWNTOWN FARMERS' MARKET FEATURES OVER A DOZEN LOCAL MAKERS/CRAFTERS, NONPROFITS AND LOCAL BUSINESSES PROMOTING THEIR SERVICES OR SELLING THEIR WARES. THIS HAS BECOME THE PLACE TO BE ON FRIDAYS IN DOWNTOWN SAN JOSE.
ICE RINK - SAN JOSE'S ONLY OUTDOOR ICE RINK, DOWNTOWN ICE IS A POPULAR ATTRACTION FOR PEOPLE FROM ALL AROUND THE BAY AREA AND ONE OF THE FEW RINKS WITH FORMER OLYMPIC/WORLD FIGURE SKATER KRISTI YAMAGUCHI AS A PARTNER. DUE TO THE PANDEMIC, DOWNTOWN ICE WAS NOT PRODUCED IN 2020-21 BUT WILL RETURN FOR ITS 25TH SEASON IN 2021-22.
OTHER PROGRAMS INCLUDE:DOWNTOWN FOR THE HOLIDAYS/HOLIDAY PROMOTIONSMUSIC IN THE PARKCOMMUNICATIONSADVOCACY, RESEARCH & PLANNINGDISTRICT PROMOTIONSSTARLIGHT CINEMASEQUIPMENT STORAGEPARKING, PROMOTIONS AND MARKETINGFOUNDATION MEMBERSHIP AND MISCELLANEOUSPROPERTY BUSINESS IMPROVEMENT DISTRICTDINE DOWNTOWNCOVID -19 GRANTSDTSJ BY THE NUMBERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Knies Executive Director | Officer | 40 | $226,590 |
Katia Mcclain President | OfficerTrustee | 3 | $0 |
Jarrod Jenkins Vice President Of Operations | OfficerTrustee | 2 | $0 |
Frank Nguyen Vice President Of Marketing | OfficerTrustee | 2 | $0 |
Sam Ramirez Director | Trustee | 1 | $0 |
Brian Bates Treasurer | OfficerTrustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
San Jose Downtown Property Owners' Assoc Cleaning And Image Enhancement Services | 6/29/21 | $221,404 |
Frank Laney Ice Rink Construction & General Manager | 6/29/21 | $153,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $213,300 |
| All other contributions, gifts, grants, and similar amounts not included above | $155,850 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $369,150 |
| Total Program Service Revenue | $1,863,977 |
| Investment income | $1 |
| 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 | $2,233,128 |
| 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. | $243,578 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,045,053 |
| Pension plan accruals and contributions | $15,866 |
| Other employee benefits | $146,389 |
| Payroll taxes | $69,123 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $31,846 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $66,211 |
| Advertising and promotion | $168,885 |
| Office expenses | $25,632 |
| Information technology | $11,441 |
| Royalties | $0 |
| Occupancy | $64,923 |
| Travel | $780 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $529 |
| Interest | $55 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $54,691 |
| Insurance | $40,958 |
| All other expenses | $1,516 |
| Total functional expenses | $2,192,820 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $927,142 |
| Savings and temporary cash investments | $5,218 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $500,117 |
| 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 | $20,235 |
| Net Land, buildings, and equipment | $281,846 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,734,558 |
| Accounts payable and accrued expenses | $240,537 |
| Grants payable | $0 |
| Deferred revenue | $394,816 |
| 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 | $155,714 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $71,202 |
| Total liabilities | $862,269 |
| Net assets without donor restrictions | $872,289 |
| 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 | $1,734,558 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that San Jose Downtown Association has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
Silicon Valley Community Foundation Mountain View, CA PURPOSE: Other | $10,000 |
Silicon Valley Leadership Group Foundation San Jose, CA PURPOSE: TO PROVIDE PROGRAM SUPPORT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Chinatown Service Center Los Angeles, CA | $26,778,687 | $27,867,616 |
Sag-Aftra & Industry Sound Recordings Distribution Fund Valley Village, CA | $48,142,351 | $13,604,136 |
Electric & Gas Industries Association Sacramento, CA | $14,735,713 | $15,175,016 |
American Pistachio Growers Fresno, CA | $11,494,323 | $15,365,842 |
National Council For Prescription Drug Programs Inc Scottsdale, AZ | $21,339,680 | $12,526,720 |
Travel Portland Portland, OR | $18,865,244 | $9,767,566 |
California Society Of Certified Public Accountants Burlingame, CA | $29,880,424 | $13,544,885 |
Scottsdale Convention And Vistors Bureau Inc Scottsdale, AZ | $8,006,659 | $12,242,411 |
Sustainable Apparel Coalition Inc Oakland, CA | $12,069,125 | $10,210,019 |
Portland Business Alliance Portland, OR | $2,909,182 | $8,830,293 |
California Certified Public Accountants Foundation Burlingame, CA | $12,236,942 | $9,436,468 |
California Life Sciences Association San Diego, CA | $8,698,147 | $9,649,305 |