Bellevue Downtown Association is located in Bellevue, WA. The organization was established in 1975. 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. As of 12/2021, Bellevue Downtown Association employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bellevue Downtown Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Bellevue Downtown Association generated $2.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $1.8m during the year ending 12/2021. 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
TO CREATIVELY LEAD THE PLANNING AND DEVELOPMENT OF DOWNTOWN BELLEVUE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE BELLEVUE DOWNTOWN ASSOCIATION PRODUCES MAJOR COMMUNITY CELEBRATIONS IN DOWNTOWN BELLEVUE THROUGHOUT THE YEAR, ATTRACTING OVER A HALF MILLION ATTENDEES ANNUALLY. FROM THE JAZZ FESTIVAL TO FAMILY 4TH FUN, A ROCKIN' SUMMERTIME CONCERT SERIES TO A LIVELY ARTS & CRAFTS FESTIVAL, HOLIDAY ICE SKATING IN THE PARK, OUR LINEUP OF EVENTS ENGAGES DOWNTOWN RESIDENTS AND WORKFORCE, AS WELL AS COMMUNITIES ACROSS THE EASTSIDE, ESTABLISHING DOWNTOWN BELLEVUE AS THE HEART OF WHAT'S HAPPENING.
AS LEADERS OF THE DOWNTOWN COMMUNITY, WE EMBRACE OUR CORE COMMITMENTS:ADVOCATING FOR A SHARED VISION OF DOWNTOWN BELLEVUE, CULTIVATINGECONOMIC VITALITY FOR DOWNTOWN BELLEVUE, FOSTERING A DYNAMIC CIVIC AND CULTURAL COMMUNITY DOWNTOWN, AND CREATING AN OPEN FORUM FOR DOWNTOWN BELLEVUE CONSTITUENTS. THROUGH THESE FOUR PRIMARY AREAS, WE ENCOURAGE OUR MEMBERS TO STRENGTHEN THEIR INVOLVEMENT IN DOWNTOWN BELLEVUE, AND WE PROVIDE OPPORTUNITIES FOR DOING SO THROUGH MONTHLY MEMBER MEETINGS AND AN ANNUAL CELEBRATION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Patrick Bannon President | Officer | 40 | $156,404 |
John M Ogliore Vice President | 40 | $134,750 | |
David Miniken Board Chair | OfficerTrustee | 1 | $0 |
Trinity Parker Board Chair Elect | OfficerTrustee | 1 | $0 |
Jill Scheuermann Immediate Past Chair | OfficerTrustee | 1 | $0 |
Julie Eisenhauer Treasurer | OfficerTrustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $296,059 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $296,059 |
Total Program Service Revenue | $1,735,751 |
Investment income | $769 |
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 | $2,171,774 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
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. | $173,293 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $629,495 |
Pension plan accruals and contributions | $22,169 |
Other employee benefits | $57,904 |
Payroll taxes | $61,111 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $22,781 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $1,824 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $25,202 |
Information technology | $36,285 |
Royalties | $0 |
Occupancy | $140,278 |
Travel | $3,809 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $10,960 |
Interest | $152 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $89,301 |
Insurance | $5,174 |
All other expenses | $64,891 |
Total functional expenses | $1,827,334 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,140,420 |
Savings and temporary cash investments | $373,742 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $525,985 |
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 | $33,978 |
Net Land, buildings, and equipment | $33,966 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $130,867 |
Total assets | $2,238,958 |
Accounts payable and accrued expenses | $264,002 |
Grants payable | $0 |
Deferred revenue | $448,264 |
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 | $149,259 |
Other liabilities | $0 |
Total liabilities | $861,525 |
Net assets without donor restrictions | $0 |
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 | $1,377,433 |
Total liabilities and net assets/fund balances | $2,238,958 |
Over the last fiscal year, we have identified 1 grants that Bellevue Downtown Association has recieved totaling $15,000.
Awarding Organization | Amount |
---|---|
Virginia Mason Medical Center Seattle, WA PURPOSE: General Support | $15,000 |
Organization Name | Assets | Revenue |
---|---|---|
Travel Portland Portland, OR | $18,865,244 | $9,767,566 |
Association Of Washington Business Olympia, WA | $45,170,529 | $11,595,511 |
Master Builders Association Of King And Snohomish Counties Bellevue, WA | $50,140,289 | $12,586,024 |
Greater Seattle Chamber Of Commerce Seattle, WA | $24,652,320 | $11,051,510 |
Wafla Lacey, WA | $11,233,432 | $9,712,213 |
Portland Business Alliance Portland, OR | $2,909,182 | $8,830,293 |
Cloud Security Alliance Seattle, WA | $2,184,209 | $7,501,153 |
Northwest Power Pool Portland, OR | $3,491,594 | $6,118,374 |
Archbright Seattle, WA | $17,744,548 | $6,553,314 |
Associated General Contractors Of Washington Seattle, WA | $55,149,734 | $7,565,354 |
Fido Alliance Inc Beaverton, OR | $3,413,033 | $5,016,391 |
Usb Implementers Forum Inc Beaverton, OR | $6,239,445 | $5,610,966 |