Solano Avenue Association

Organization Overview

Solano Avenue Association is located in Berkeley, CA. The organization was established in 1983. According to its NTEE Classification (S22) the organization is classified as: Neighborhood & Block Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Solano Avenue 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 12/2022, Solano Avenue Association generated $160.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $130.5k during the year ending 12/2022. While expenses have increased by 1.8% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE SOLANO AVENUE ASSOCIATION IS DEDICATED TO PROMOTING AND IMPROVING THE SOLANO AVENUE BUSINESS DISTRICT AND TO BUILDING COMMUNITY SPIRIT AND IDENTITY THROUGH EVENTS, MARKETING, AND AESTHETIC ENHANCEMENT. FOUNDED IN 1974, WE ARE A NON-PROFIT ORGANIZATION COMPRISED OF PROFESSIONALS, RESTAURATEURS, RETAILERS, ORGANIZATIONS, AND INDIVIDUALS LOCATED WITHIN ONE BLOCK OF SOLANO AVENUE IN ALBANY OR BERKELEY, AND SAN PABLO AVENUE IN ALBANY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

HOSTED EVENTS TO PROMOTE THE BUSINESSES IN THE MEMBERSHIP ASSOCIATION. THE LARGEST EVENT IS THE SOLANO STROLL WITH ATTENDANCE AT APPROX 100,000. THIS EVENT PROVIDES EXPOSURE AND PROMOTION TO OVER 400 BUSINESS.


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Board, Officers & Key Employees

Name (title)Compensation
Allen Cain
Executive Dir.
$82,489
Robert Abrams
Director
$0
Hector Botello
Director
$0
Tom Taylor
Director
$0
Richard Smith
Director
$0
Jason Bellevue
President
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$31,115
Fundraising events$0
Related organizations$0
Government grants $15,000
All other contributions, gifts, grants, and similar amounts not included above$768
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$46,883
Total Program Service Revenue$0
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $113,637
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $160,520

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