Vancouvers Downtown Association is located in Vancouver, WA. The organization was established in 2001. 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 12/2021, Vancouvers Downtown Association employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vancouvers Downtown 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 12/2021, Vancouvers Downtown Association generated $502.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.5% each year . All expenses for the organization totaled $366.5k during the year ending 12/2021. While expenses have increased by 9.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
TO REVITALIZE DOWNTOWN VANCOUVER, WA FOR THE PURPOSE OF ATTRACTING RESIDENTS, NON RESIDENTS AND BUSINESSES IN WHICH TO LIVE, WORK, AND PLAY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
VDA CREATES A VITAL AND ATTRACTIVE DOWNTOWN ENVIRONMENT TO ENCOURAGE RESIDENTS TO PARTICIPATE IN THE CITY'S COMMUNITY EVENTS AND TO SUPPORT LOCAL BUSINESSES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michael Walker Executive Director | OfficerTrustee | 60 | $72,804 |
Linda Glover President | OfficerTrustee | 2 | $0 |
Shara Wokal Treasurer | OfficerTrustee | 1 | $0 |
Linda Reid Secretary | OfficerTrustee | 1 | $0 |
Marnie Farness Vice President | OfficerTrustee | 2 | $0 |
Christine Rust Board Member | Trustee | 0 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $378,010 |
All other contributions, gifts, grants, and similar amounts not included above | $124,783 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $502,793 |
Total Program Service Revenue | $0 |
Investment income | $58 |
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 | $502,851 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $21,584 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $72,804 |
Compensation of current officers, directors, key employees. | $18,201 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $17,837 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $10,473 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $4,472 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $125,057 |
Advertising and promotion | $146 |
Office expenses | $9,445 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $15,064 |
Travel | $700 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $302 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $3,252 |
All other expenses | $37,775 |
Total functional expenses | $366,523 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $251,626 |
Savings and temporary cash investments | $115,134 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $55,763 |
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 | $93 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $422,616 |
Accounts payable and accrued expenses | $6,435 |
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 | $6,435 |
Net assets without donor restrictions | $416,181 |
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 | $422,616 |
Over the last fiscal year, we have identified 1 grants that Vancouvers Downtown Association has recieved totaling $10,000.
Awarding Organization | Amount |
---|---|
Courtney Irvin Trust Vancouver, WA PURPOSE: CITY COMMUNITY CENTER | $10,000 |
Organization Name | Assets | Revenue |
---|---|---|
Mid-Willamette Valley Community Action Agency Inc Salem, OR | $25,806,708 | $62,767,748 |
Coastal Villages Region Fund Anchorage, AK | $305,962,388 | $71,340,049 |
Rural Alaska Community Action Program Inc Anchorage, AK | $41,385,043 | $27,905,721 |
Human Solutions Inc Portland, OR | $41,573,265 | $24,704,381 |
Metropolitan Development Council Tacoma, WA | $25,355,306 | $24,051,543 |
Aleutian-Pribilof Islands Anchorage, AK | $38,968,570 | $29,437,372 |
Friends Of Seattle Waterfront Seattle, WA | $32,295,569 | $18,451,565 |
Yakima County Development Association Yakima, WA | $2,653,869 | $12,280,886 |
Association Of Washington Cities Olympia, WA | $23,978,792 | $13,838,038 |
Hacienda Community Development Corporation Portland, OR | $42,129,547 | $14,753,048 |
Klamath-Lake Community Action Services Klamath Falls, OR | $1,233,106 | $7,011,875 |
The Contingent Portland, OR | $16,984,824 | $8,759,620 |