Downtown Encinitas Mainstreet Assn
- Assets
- $221.8k
- Revenue
- $508.9k
- Investments
- $0.0
- Employees
- 3
- Location
- Encinitas, CA
- Founding
- 08/1983
- Data as of
- 03/2024
- EIN
- 95-3843066
Organization Overview
Downtown Encinitas Mainstreet Assn is located in Encinitas, CA. The organization was established in 1983. According to its NTEE Classification (S31) the organization is classified as: Urban & Community Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 03/2024, Downtown Encinitas Mainstreet Assn employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Downtown Encinitas Mainstreet Assn 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 03/2024, Downtown Encinitas Mainstreet Assn generated $508.9k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $523.4k during the year ending 03/2024. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF ENCINITAS 101 MAINSTREET IS TO IMPROVE AND PRESERVE A DESIRABLE HISTORIC DOWNTOWN ENCINITAS THAT PROVIDES AN EXCEPTIONAL ATMOSPHERE FOR THE COMMUNITY AND ITS VISITORS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
-- DEMA WORKED WITH THE CITY OF ENCINITAS IN EXTENDING OUTDOOR DINING PODS IN DOWNTOWN ENCINITAS-- SECURED ADDITIONAL FUNDING FROM THE CITY OF ENCINITAS-- INFORMED THE COMMUNITY ABOUT SPECIAL EVENTS IN ENCINITAS THROUGH A WEEKLY NEWSLETTER THAT REACHES MORE THAN 4,000 SUBSCRIBERS.--- SECURED A GRANT TO DO ANOTHER PUBLIC MURAL--- INITIATED FOOD DONATION PROGRAM FROM THE TASTE EVENT
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Irene Pyun Executive Director | Officer | 40 | $90,897 |
Kevin Roche Director | Trustee | 1.4 | $0 |
Robin Canedy Director | Trustee | 2.4 | $0 |
Dave Peck Director | Trustee | 2 | $0 |
Sky Walker Director | Trustee | 1.6 | $0 |
Joseph Ramaglia Director | Trustee | 1.6 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $14,867 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $32,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,432 |
| Noncash contributions included in lines 1a–1f | $1,432 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $48,799 |
| Total Program Service Revenue | $429,772 |
| Investment income | $51 |
| 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 | $30,259 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $508,881 |
| 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. | $89,658 |
| Compensation of current officers, directors, key employees. | $53,795 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $34,231 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $6,373 |
| Payroll taxes | $10,992 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,984 |
| Fees for services: Accounting | $7,150 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $100,256 |
| Advertising and promotion | $21,740 |
| Office expenses | $39,871 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $21,390 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $14,796 |
| Interest | $8,401 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,138 |
| Insurance | $11,100 |
| All other expenses | $11,222 |
| Total functional expenses | $523,355 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $86,897 |
| Savings and temporary cash investments | $75,533 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $6,333 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $11,872 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $41,139 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $221,774 |
| Accounts payable and accrued expenses | $11,149 |
| Grants payable | $0 |
| Deferred revenue | $206,217 |
| 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 | $158,460 |
| Other liabilities | $0 |
| Total liabilities | $375,826 |
| Net assets without donor restrictions | -$154,052 |
| 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 | $221,774 |