Vancouvers Downtown Association
- Assets
- $410.4k
- Revenue
- $492.1k
- Investments
- $0.0
- Employees
- 4
- Location
- Vancouver, WA
- Founding
- 03/2001
- Data as of
- 12/2022
- EIN
- 91-1816711
Organization Overview
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 12/2022, Vancouvers Downtown Association employed 4 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 12/2022, Vancouvers Downtown Association generated $492.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.2% each year . All expenses for the organization totaled $519.7k during the year ending 12/2022. While expenses have increased by 15.0% 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
2022
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. IN 2022, VDA ACHIEVED NOTABLE PROGRAM SERVICE ACCOMPLISHMENTS ACROSS THREE KEY AREAS. FIRST, THE INTRODUCTION OF THE CLEAN AND SAFE AMBASSADOR PROGRAM SIGNIFICANTLY IMPROVED THE DOWNTOWN'S CLEANLINESS AND SAFETY BY PROVIDING ON THE GROUND SUPPORT IN REMOVING LITTER, GRAFFITI AND ASSISTING VISITORS. IN ADDITION, VDA COMPLETED A VARIETY OF CAPITAL "CLEAN AND SAFE" INVESTMENTS IN THE CITY CENTER: NEW SECURE LITTER RECEPTACLES, AND LIGHTING PROJECTS TO PROMOTE NIGHTTIME CONNECTIVITY AND SAFETY. SECOND, IN PARTNERSHIP WITH THE GREAT RIVER ARTS FESTIVAL, THE VDA ADORNED DOWNTOWN VANCOUVER WITH TWENTY NEW MURALS, ELEVATING THE CITY'S AESTHETICS AND CELEBRATING LOCAL ART AND CULTURE. THIRD, THROUGH A PARTNERSHIP WITH THE CITY OF VANCOUVER, THE VDA LAUNCHED THE MAIN STREET PROMISE PROJECT, A PIVOTAL EFFORT TO REINVIGORATE MAIN STREET BY ENHANCING ITS INFRASTRUCTURE, ACCESSIBILITY, CONNECTIVITY, AND SAFETY. AS PART OF THE COLLABORATION, THE VDA BEGAN DESIGNING BUSINESS RETENTION INITIATIVES TO SUPPORT LOCAL BUSINESSES DURING THE CONSTRUCTION PHASE. THESE ACCOMPLISHMENTS UNDERSCORE THE VDA'S DEDICATION TO BOOSTING THE CITY'S VIBRANCY, CULTURE, AND OVERALL WELL BEING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Walker Executive Director | Officer | 60 | $81,667 |
Linda Reid Secretary | OfficerTrustee | 1 | $0 |
Linda Glover President | OfficerTrustee | 2 | $0 |
Marnie Farness Vice President | OfficerTrustee | 1 | $0 |
Shara Wokal Treasurer | OfficerTrustee | 1 | $0 |
Christine Rust Board Member | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $313,383 |
| All other contributions, gifts, grants, and similar amounts not included above | $178,533 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $491,916 |
| Total Program Service Revenue | $0 |
| Investment income | $170 |
| 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 | $492,086 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $8,750 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $81,667 |
| Compensation of current officers, directors, key employees. | $20,417 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $27,791 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $4,081 |
| Payroll taxes | $12,716 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,123 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $240,717 |
| Advertising and promotion | $605 |
| Office expenses | $10,010 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $16,277 |
| Travel | $7,095 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,180 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,364 |
| All other expenses | $26,889 |
| Total functional expenses | $519,735 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $101,371 |
| Savings and temporary cash investments | $307,282 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $1,780 |
| 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 | $410,433 |
| Accounts payable and accrued expenses | $21,901 |
| 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 | $21,901 |
| Net assets without donor restrictions | $388,532 |
| 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 | $410,433 |