Japantown Community Benefit District Inc
- Assets
- $1.2m
- Revenue
- $976.7k
- Investments
- $0.0
- Employees
- 3
- Location
- San Francisco, CA
- Founding
- 01/2018
- Data as of
- 06/2021
- EIN
- 82-3098216
Organization Overview
Japantown Community Benefit District Inc is located in San Francisco, CA. The organization was established in 2018. According to its NTEE Classification (S22) the organization is classified as: Neighborhood & Block Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2021, Japantown Community Benefit District Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Japantown Community Benefit District Inc 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 06/2021, Japantown Community Benefit District Inc generated $976.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (5.8%) each year. All expenses for the organization totaled $957.9k during the year ending 06/2021. 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
THE JAPANTOWN CBD WILL FOCUS ON PROVIDING ENVIRONMENTAL AND ECONOMIC SUPPORT AND ENHANCEMENTS TO THE DISTRICT; INCLUDING GRAFFITI REMOVAL, PRESSURE WASHING, MARKETING AND BEAUTIFICATION IMPROVEMENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE JAPANTOWN CBD PROVIDED ENVIRONMENTAL AND ECONOMIC ENHANCEMENTS TO THE DISTRICT; INCLUDING GRAFFITI REMOVAL, PRESSURE WASHING, MARKETING, AND BEAUTIFICATION IMPROVEMENTS.
SUPPORT FOR LOCAL JAPANTOWN MERCHANTS AND ORGANIZATIONS SUFFERING FROM THE COVID PANDEMIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Grace Horikiri Executive Director | Officer | 30 | $53,040 |
Robert Sakai Vice President | OfficerTrustee | 2 | $0 |
Mary Ishisaki Treasurer | OfficerTrustee | 2 | $0 |
Kathy Nelson Secretary | OfficerTrustee | 2 | $0 |
Jerry Ono Board Member | Trustee | 1 | $0 |
Steve Ishii Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $11,943 |
| All other contributions, gifts, grants, and similar amounts not included above | $572,297 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $584,240 |
| Total Program Service Revenue | $392,410 |
| 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 | $976,650 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $224,500 |
| Grants and other assistance to domestic individuals. | $202,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $53,040 |
| Compensation of current officers, directors, key employees. | $18,564 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $41,600 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $7,954 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $8,203 |
| Fees for services: Accounting | $17,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,188 |
| Advertising and promotion | $0 |
| Office expenses | $28,460 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $3,950 |
| 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 | $158,523 |
| Insurance | $7,472 |
| All other expenses | $0 |
| Total functional expenses | $957,892 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $849,702 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $7,590 |
| 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 | $3,060 |
| Net Land, buildings, and equipment | $320,420 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,180,772 |
| Accounts payable and accrued expenses | $13,470 |
| 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 | $13,470 |
| Net assets without donor restrictions | $388,825 |
| Net assets with donor restrictions | $778,477 |
| 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 | $1,180,772 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Japantown Community Benefit District Inc has recieved totaling $15,000.
| Awarding Organization | Amount |
|---|---|
The San Francisco Japantown Foundation San Francisco, CA | | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Playa Vista Parks And Landscape Corporation Playa Vista, CA | $9,652,797 | $16,407,295 |
Sun City Lincoln Hills Community Assoc Lincoln, CA | $44,085,364 | $14,902,211 |
Contract Services Administration Trust Fund Burbank, CA | $59,895,181 | $22,741,502 |
Anthem Community Council Inc An Arizona Corporation Anthem, AZ | $42,052,181 | $12,868,028 |
Woodbridge Village Association Irvine, CA | $45,533,220 | $10,585,872 |
Summerlin Community Association Las Vegas, NV | $9,680,650 | $11,179,193 |
Somos Mayfair Inc San Jose, CA | $6,800,573 | $9,791,764 |
Telegraph Hill Neighborhood Association San Francisco, CA | $6,597,736 | $6,953,817 |
Sequoia Plaza Mobilehome Park Corporation Santa Ana, CA | $9,927,659 | $2,117,885 |
Valley Vision Inc Sacramento, CA | $1,459,627 | $4,632,311 |
Gainey Ranch Community Association Scottsdale, AZ | $7,578,299 | $4,436,589 |
Providence Master Homeowners Association Las Vegas, NV | $3,203,236 | $4,533,387 |