Soma West Community Benefit District is located in San Francisco, CA. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2022, Soma West Community Benefit District employed 27 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Soma West Community Benefit District 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 06/2022, Soma West Community Benefit District generated $4.0m in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $3.6m during the year ending 06/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
SOMA WEST COMMUNITY BENEFIT DISTRICTS PRIMARY EXEMPT PURPOSE IS TO ADVANCE THE COMMON GOOD, GENERAL WELFARE, AND QUALITY OF LIFE OF ALL SAN FRANCISCANS AND VISITORS TO SAN FRANCISCO BY ENHANCING ENVIRONMENTAL QUALITY AND BEAUTY IN THE DISTRICT, AND... (CONTINUED ON SCHEDULE O)
Describe the Organization's Program Activity:
Part 3 - Line 4a
CLEAN, SAFE, AND BEAUTIFUL (7/1/21-6/30/22): SOMA WEST CBD WAS BUSY DURING THE FISCAL YEAR ENDED 6/30/22. INITIATIVES INCLUDE: PURCHASED A NEW STREET VACUUM, NEW SIDEWALK GARDENS+HANGING BASKETS, ROLLED OUT AND MAINTAINED OVER 150 PLANTERS THROUGHOUT THE DISTRICT, BRINGING MORE GREEN INTO THE NEIGHBORHOOD. A DIVERSE CLEAN TEAM CONSISTING OF 21 AMBASSADORS, SIX TRUCKS, A PURPOSE-BUILT PRESSURE WASHING RIG, AND MORE. DURING FY22 WE HAD PICKED UP 1,083,525 POUNDS OF TRASH, COMPLETED 101,447 SWEEPING TASKS, 64,318 HAZARDOUS TASKS, REMOVED 82,443 BAGS OF TRASH, COMPLETED 16,985 LANDSCAPING TASKS, 18,198 GRAFFITI TASKS, 11,150 BULK REMOVAL TASKS. SOMA WEST CBD CONTINUED TO RAMP UP NEW NIGHT SHIFT NEIGHBORHOOD AMBASSADOR PROGRAM.
MARKETING AND ADVOCACY (7/1/21-6/30/22): SWCBD CONTINUED TO WORK WITH SCORES OF NEIGHBORHOOD GROUPS, SUCH AS THE LEATHER & LGBTQ CULTURAL DISTRICT, TO HOLD DIVERSE AND WELCOMING EVENTS AND ACTIVATE STREETS IN THE DISTRICT. EARLIER THIS YEAR WE JOINED NEIGHBORS AT THE SF PARKS ALLIANCE, TOGETHER SF, AND LOCAL COMMUNITY MEMBERS FOR THEIR FIRST NEIGHBORHOOD CLEANUP DAY. ADDITIONALLY, SWCBD STARTED A WEEKEND FARMERS MARKET IN EAGLE PLAZA THAT OPERATED FROM JULY 7TH THROUGH OCTOBER 29TH 2022. SWCBD BECAME A KEY SPONSOR OF LIGHTING PROJECT GLIMMER AND OF SOMA PHILIPINAS PARTNERSHIPS RUSS STREET SOMA SANG! (A HOLIDAY EVENT TOOK PLACE ON RUSS STREET AT FOLSOM AND INCLUDED THE TNT TRAYSIKEL SIDECARAOKE). WE LAUNCHED A NEW WEBSITE AND THE SOMA SAPIENS PROJECT TO DOCUMENT STORIES OF THE DISTRICTS RESIDENTS AND MERCHANTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Christian Martin Executive Director | 50 | $216,655 | |
Beth Stokes Board Member | Trustee | 1 | $0 |
Tim Figueras Board Member | Trustee | 1 | $0 |
Miriam Zouzounis Board Member | Trustee | 1 | $0 |
Sarah Orourke Board Member | Trustee | 1 | $0 |
Jason Cinq-Mars Board Member | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Rlm Partners Powerwashing Servi | 6/29/22 | $118,800 |
Re Arellano Cpa Financial Services | 6/29/22 | $102,127 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $24,788 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $24,788 |
Total Program Service Revenue | $3,990,037 |
Investment income | $508 |
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 | $4,015,333 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $12,800 |
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. | $206,655 |
Compensation of current officers, directors, key employees. | $16,636 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,469,377 |
Pension plan accruals and contributions | $39,462 |
Other employee benefits | $182,510 |
Payroll taxes | $124,473 |
Fees for services: Management | $124,793 |
Fees for services: Legal | $4,732 |
Fees for services: Accounting | $124,235 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $388,136 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $48,714 |
Royalties | $0 |
Occupancy | $295,386 |
Travel | $46,476 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $5,125 |
Interest | $2,374 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $52,270 |
Insurance | $89,488 |
All other expenses | $29,694 |
Total functional expenses | $3,602,789 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,381,193 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $833,276 |
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 | $129,346 |
Net Land, buildings, and equipment | $310,228 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $3,654,043 |
Accounts payable and accrued expenses | $317,238 |
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 | $317,238 |
Net assets without donor restrictions | $3,336,805 |
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 | $3,654,043 |
Over the last fiscal year, Soma West Community Benefit District has awarded $5,000 in support to 4 organizations.
Grant Recipient | Amount |
---|---|
KULTIVATE LABS PURPOSE: Baysia event UNDISCOVERED SF event | $0 |
UNION SQUARE FOUNDATION PURPOSE: Consulting services for SWCBD startup | $0 |
COUNTERPULSE PURPOSE: Eye Zen Art | $0 |
SOMARTS CULTURAL CENTER PURPOSE: Fate and Fortune Fundraiser | $5,000 |