Downtown Bend Business Association
- Assets
- $266.7k
- Revenue
- $350.1k
- Investments
- $0.0
- Employees
- 10
- Location
- Bend, OR
- Founding
- 08/1993
- Data as of
- 06/2023
- EIN
- 93-0826652
Organization Overview
Downtown Bend Business Association is located in Bend, OR. The organization was established in 1993. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2023, Downtown Bend Business Association employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Downtown Bend Business 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 06/2023, Downtown Bend Business Association generated $350.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $351.5k during the year ending 06/2023. While expenses have increased by 4.5% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTING THE ECONOMIC VITALITY BY ENHANCING THE EXPERIENCE, IMAGE & LIFESTYLE OF DOWNTOWN BEND.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ESTABLISHED AN ECONOMIC IMPROVEMENT DISTRICT FOR BEAUTIFICATION OF THE BEND DOWNTOWN DISTRICT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mindy Aisling Past Executi | 40 | $43,833 | |
Shannon Monihan Executive Di | Trustee | 40 | $28,333 |
Calista Bollier Director | Officer | $0 | |
Christine Davis Secretary | Officer | $0 | |
Joel Gisler Treasurer | Officer | $0 | |
Lynne Mildenstein Director | Officer | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $1,500 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,778 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,278 |
| Total Program Service Revenue | $343,655 |
| Investment income | $213 |
| 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 | $350,146 |
| 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. | $28,333 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $43,833 |
| Other salaries and wages | $104,825 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $6,536 |
| Payroll taxes | $18,439 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,056 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,239 |
| Advertising and promotion | $9,883 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $16,537 |
| Travel | $2,793 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,331 |
| Insurance | $8,455 |
| All other expenses | $3,263 |
| Total functional expenses | $351,496 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $248,599 |
| Savings and temporary cash investments | $10,039 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,129 |
| 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 | $0 |
| Net Land, buildings, and equipment | $3,887 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $266,654 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| 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 | $266,654 |
| Total liabilities and net assets/fund balances | $266,654 |