Downtown Long Beach Alliance
- Assets
- $2.3m
- Revenue
- $4.9m
- Investments
- $0.0
- Employees
- 15
- Location
- Long Beach, CA
- Founding
- 11/1960
- Data as of
- 09/2022
- EIN
- 95-0945145
Organization Overview
Downtown Long Beach Alliance is located in Long Beach, CA. The organization was established in 1960. 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 09/2022, Downtown Long Beach Alliance employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Downtown Long Beach Alliance 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 09/2022, Downtown Long Beach Alliance generated $4.9m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $4.9m during the year ending 09/2022. As we would expect to see with falling revenues, expenses have declined by (0.4%) per year over the past 7 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO CULTIVATE, PRESERVE AND PROMOTE A HEALTHY, SAFE, AND PROSPEROUS DOWNTOWN FOR ALL. THE DLBA OPERATES ON BEHALF OF THE TENANTS AND COMMERCIAL AND RESIDENTIAL PROPERTY OWNERS IN LONG BEACH'S DOWNTOWN AND SURROUNDING AREAS. IT IS DEDICATED TO THE MANAGEMENT, MARKETING, SECURITY, MAINTENANCE, ADVOCACY, ECONOMIC AND COMMUNITY DEVELOPMENT OF ITS TWO ASSESSMENT DISTRICTS IN COOPERATION WITH THE CITY OF LONG BEACH AND THE PRIVATE SECTOR.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DOWNTOWN LONG BEACH ALLIANCE IS A NONPROFIT CORPORATION ORGANIZED TO ATTRACT, STIMULATE, AND ENHANCE BUSINESS ACTIVITY IN THE DOWNTOWN LONG BEACH AREA. TO MEET THESE GOALS, THE ORGANIZATION CONDUCTS MARKETING AND PUBLIC RELATIONS CAMPAIGNS, HOLDS EXEMPT PURPOSE EVENTS WHICH PROMOTE DOWNTOWN LONG BEACH, AND PROVIDES A RANGE OF SERVICES INCLUDING MAINTENANCE FUNCTIONS AND A GUIDE PROGRAM FOR DOWNTOWN BUSINESSES. THE ORGANIZATION ALSO ADDRESSES SPECIFIC MERCHANT ISSUES THAT BETTER THE BUSINESS ATMOSPHERE IN THE DOWNTOWN LONG BEACH AREA.
DOWNTOWN LONG BEACH ALLIANCE HOSTS EVENS SUCH AS "CELEBRATE DOWNTOWN", "NEW YEAR'S EVE AT THE WATERFRONT", AND "TASTE OF DOWNTOWN" TO PROMOTE DOWNTOWN. THESE EVENTS ARE HELD IN DOWNTOWN LONG BEACH AND ARE OPEN TO THE PUBLIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kraig Kojian President & CEO (thru 11/2021) | Officer | 60 | $369,203 |
Broc Coward COO | Officer | 50 | $119,405 |
Austin Metoyer President & CEO (as Of 9/2022) | Officer | 50 | $94,233 |
Jeremy Ancalade CFO | Officer | 50 | $64,667 |
Loara Cadavona Chair | OfficerTrustee | 2 | $0 |
Debra Fixen Chair-Elect | OfficerTrustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Redwood Nebraska Landlord For Office Space | 9/29/22 | $184,790 |
Progressive Urban Management Association Pbid Renewal Consultant | 9/29/22 | $161,625 |
Block By Block Clean And Safe Services | 9/29/22 | $1,659,312 |
Keesal Young & Logan Legal Services | 9/29/22 | $128,621 |
Clark Hill Plc Legal Services | 9/29/22 | $112,568 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| 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 | $0 |
| Total Program Service Revenue | $4,941,733 |
| Investment income | $3,879 |
| 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 | $4,945,612 |
| 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. | $659,393 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $606,284 |
| Pension plan accruals and contributions | $8,421 |
| Other employee benefits | $69,453 |
| Payroll taxes | $65,873 |
| Fees for services: Management | $2,975 |
| Fees for services: Legal | $83,642 |
| Fees for services: Accounting | $37,728 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $19,649 |
| Advertising and promotion | $2,711,249 |
| Office expenses | $48,839 |
| Information technology | $30,878 |
| Royalties | $0 |
| Occupancy | $181,868 |
| Travel | $260,279 |
| 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 | $15,733 |
| Insurance | $39,873 |
| All other expenses | $732 |
| Total functional expenses | $4,945,612 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $717,869 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,556,522 |
| 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 | $35,830 |
| Net Land, buildings, and equipment | $20,480 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $16,434 |
| Total assets | $2,347,135 |
| Accounts payable and accrued expenses | $326,861 |
| Grants payable | $0 |
| Deferred revenue | $2,020,274 |
| 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 | $2,347,135 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $2,347,135 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Downtown Long Beach Alliance has recieved totaling $1,727.
| Awarding Organization | Amount |
|---|---|
Keesal Young & Logan Charitable Foundation Long Beach, CA PURPOSE: PUBLIC SUPPORT | $1,727 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Chinatown Service Center Los Angeles, CA | $26,778,687 | $27,867,616 |
Sag-Aftra & Industry Sound Recordings Distribution Fund Valley Village, CA | $48,142,351 | $13,604,136 |
Electric & Gas Industries Association Sacramento, CA | $14,735,713 | $15,175,016 |
American Pistachio Growers Fresno, CA | $11,494,323 | $15,365,842 |
National Council For Prescription Drug Programs Inc Scottsdale, AZ | $21,339,680 | $12,526,720 |
Travel Portland Portland, OR | $18,865,244 | $9,767,566 |
California Society Of Certified Public Accountants Burlingame, CA | $29,880,424 | $13,544,885 |
Scottsdale Convention And Vistors Bureau Inc Scottsdale, AZ | $8,006,659 | $12,242,411 |
Sustainable Apparel Coalition Inc Oakland, CA | $12,069,125 | $10,210,019 |
Portland Business Alliance Portland, OR | $2,909,182 | $8,830,293 |
California Certified Public Accountants Foundation Burlingame, CA | $12,236,942 | $9,436,468 |
California Life Sciences Association San Diego, CA | $8,698,147 | $9,649,305 |