Downtown Association Of Fresno
- Assets
- $772.2k
- Revenue
- $897.9k
- Investments
- $0.0
- Employees
- 11
- Location
- Fresno, CA
- Founding
- 05/1970
- Data as of
- 12/2021
- EIN
- 94-1457817
Organization Overview
Downtown Association Of Fresno is located in Fresno, CA. The organization was established in 1970. According to its NTEE Classification (S03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Downtown Association Of Fresno employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Downtown Association Of Fresno 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, Downtown Association Of Fresno generated $897.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $691.8k 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
THE ORGANIZATION'S MISSION IS TO ENCHANCE THE VITALITY OF DOWNTOWN FRESNO BY IMPROVING, PROMOTING AND DEVEL0PING THE HISTORIC CENTRAL BUSINESS DISTRICT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ASSOCIATION SERVES A MEMBERSHIP OF 300 AND A CONSTITUENCY OF OVER 1000. IT PUBLISHES NEWSLETTERS,GENERATES BROCHURES, AND MARKETS THE DOWNTOWN NEIGHBORHOOD AND ITS BUSINESSES.THE ORGANIZATION PRODUCES EVENTS THAT STIMULATE THE DOWNTOWN ECONOMY AND HIGHLIGHT THE URBAN ENVIRONMENT, THESE INCLUDE CINCO DE MAYO, FIESTAS PATRIAS, SUDZ IN THE CITY, CHILE FESTIVAL, STATE OF DOWNTOWN BREAKFAST AND SMALLER NETWORKING EVENTS. THE ORGANIZATION ALSO AIDS WITH DOWNTOWN LANDSCAPING AND ENVIRONMENTAL ENHANCEMENTS THAT CREATE A WELL-CARED FOR DOWNTOWN.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jimmy Cerracchio President & CEO | OfficerTrustee | 40 | $97,525 |
Hillary Haron Vice Chair | OfficerTrustee | 2 | $0 |
Jackie Anaya Secretary | OfficerTrustee | 2 | $0 |
Bhavneet Gill Treasurer | OfficerTrustee | 2 | $0 |
Jessica Roush Chairman | OfficerTrustee | 2 | $0 |
Conrad Moore Director | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $15,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $10,600 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $25,600 |
| Total Program Service Revenue | $872,213 |
| Investment income | $105 |
| 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 | $897,918 |
| 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. | $97,525 |
| Compensation of current officers, directors, key employees. | $19,505 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $208,948 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $19,098 |
| Payroll taxes | $26,958 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,968 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $83,276 |
| Office expenses | $2,358 |
| Information technology | $12,031 |
| Royalties | $0 |
| Occupancy | $30,995 |
| Travel | $1,871 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,650 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $11,832 |
| Insurance | $11,726 |
| All other expenses | $30,623 |
| Total functional expenses | $691,754 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $645,107 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $365 |
| 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 | $2,166 |
| Net Land, buildings, and equipment | $25,314 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $557 |
| Other assets | $98,650 |
| Total assets | $772,159 |
| Accounts payable and accrued expenses | $52,029 |
| 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 | $52,029 |
| Net assets without donor restrictions | $720,130 |
| 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 | $772,159 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Casbo Sacramento, CA | $7,956,691 | $4,931,132 |
Accion Opportunity Fund Inc San Jose, CA | $6,172,057 | $6,244,507 |
Mauna Lani Resort Association Kohala Coast, HI | $3,965,841 | $3,519,354 |
Pacific Merchant Shipping Association Oakland, CA | $4,538,580 | $3,789,309 |
Arizona Society Of Certified Public Accountants Phoenix, AZ | $5,315,175 | $3,081,125 |
Oregon Society Of Certified Public Accountants Beaverton, OR | $4,261,945 | $3,002,027 |
United Association Of Journeymen & Apprentices Of The Plumbing & Pipe Orange, CA | $5,805,730 | $2,268,503 |
Professionals In Human Resources Association Torrance, CA | $2,197,340 | $2,318,409 |
Northern California Mechanical Contractors Association 07-94 Vacaville, CA | $7,880,996 | $4,424,782 |
Downtown Berkeley Association Berkeley, CA | $954,283 | $1,696,087 |
United Association Of Journeymen & Apprentices Of The Plumbing & Pipe Duarte, CA | $7,279,421 | $2,378,281 |
General Contractors Association Of Hawaii Honolulu, HI | $6,721,024 | $1,455,396 |