Astoria Downtown Development Association is located in Astoria, OR. The organization was established in 1986. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2023, Astoria Downtown Development Association employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Astoria Downtown Development 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 12/2023, Astoria Downtown Development Association generated $362.0k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 12.3% each year . All expenses for the organization totaled $397.4k during the year ending 12/2023. While expenses have increased by 14.9% per year over the past 9 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
PROMOTE DOWNTOWN ASTORIA
Describe the Organization's Program Activity:
Part 3 - Line 4a
DESIGN & BEAUTIFICATION OF DOWNTOWN ASTORIA, OREGON
PROMOTIONAL EVENTS IN DOWNTOWN ASTORIA, OREGON INCLUDING THE ASTORIA SUNDAY MARKET, BREW CUP, ART WALK, PLANTER CLEAN-UPS, SHOPPING/DINING GUIDES AND MORE.
EDUCATION & OUTREACH
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jessamyn West Executive Director | Officer | 40 | $64,500 |
Patsy Oser Board Member | Trustee | 1 | $0 |
Norma Hernandez Board Member | Trustee | 1 | $0 |
Linda Dugan-Winstanley Board Member | Trustee | 1 | $0 |
Jeany Birdeno Board Member | Trustee | 2 | $0 |
Zack O'connor Board Member | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $7,284 |
Fundraising events | $15,861 |
Related organizations | $0 |
Government grants | $1,882 |
All other contributions, gifts, grants, and similar amounts not included above | $130,898 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $155,925 |
Total Program Service Revenue | $214,758 |
Investment income | $1,614 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | -$5,772 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | -$4,548 |
Miscellaneous Revenue | $0 |
Total Revenue | $361,977 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $28,164 |
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. | $64,500 |
Compensation of current officers, directors, key employees. | $32,250 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $100,955 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $22,329 |
Payroll taxes | $14,861 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $3,086 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $22,790 |
Advertising and promotion | $26,368 |
Office expenses | $13,589 |
Information technology | $8,331 |
Royalties | $0 |
Occupancy | $14,898 |
Travel | $1,962 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $17,664 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $4,415 |
All other expenses | $0 |
Total functional expenses | $397,422 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $23,009 |
Savings and temporary cash investments | $261,806 |
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 | $0 |
Net Land, buildings, and equipment | $9,885 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $400 |
Total assets | $295,100 |
Accounts payable and accrued expenses | $1,025 |
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 | $1,534 |
Total liabilities | $2,559 |
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 | $292,541 |
Total liabilities and net assets/fund balances | $295,100 |