Newcastle Area Business Association
- Assets
- $11.7k
- Revenue
- $4.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Newcastle, CA
- Founding
- 04/2019
- Data as of
- 12/2022
- EIN
- 83-4294547
Organization Overview
Newcastle Area Business Association is located in Newcastle, CA. The organization was established in 2019. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Newcastle Area Business Association 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 12/2022, Newcastle Area Business Association generated $4.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (24.8%) each year. All expenses for the organization totaled $4.1k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (24.5%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
COLLEGE SCHOLARSHIPS
FACILITATE NETWORKING WITH LOCAL BUSINESSES
MAINTAIN A WEBSITE TO PROMOTE LOCAL BUSINESSES
SPONSOR THE MOUNTAIN MANDARIN FESTIVAL
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jon Green Treasurer | 1 | $0 | |
Mike Lutzker President | 1 | $0 | |
Michael Gilligan VP | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $4,076 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $4,076 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $2,692 |
| Printing and publications | $1,384 |
| Other expenses | $0 |
| Total operating and administrative expenses | $4,076 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $4,076 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,727 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $11,727 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Newcastle Area Business Association has recieved totaling $9,000.
| Awarding Organization | Amount |
|---|---|
Mandarin Orange Education Foundary Auburn, CA | | $9,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |
Monterey County Destination Monterey, CA | $3,905,890 | $8,986,983 |
Team San Jose San Jose, CA | $3,878,197 | $2,539,314 |
Mammoth Lakes Tourism Mammoth Lakes, CA | $11,084,402 | $8,902,762 |
D F A Of California Sacramento, CA | $11,390,800 | $8,118,200 |
Northwest Power Pool Portland, OR | $3,491,594 | $6,118,374 |
Supima Tempe, AZ | $14,183,773 | $7,283,999 |
Western Growers Assn Irvine, CA | $76,133,560 | $13,363,556 |