Balboa Island Improvement Association
- Assets
- $70.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Balboa Island, CA
- Founding
- 03/1961
- Data as of
- 12/2021
- EIN
- 95-6085806
Organization Overview
Balboa Island Improvement Association is located in Balboa Island, CA. The organization was established in 1961. According to its NTEE Classification (S21) the organization is classified as: Community Coalitions, 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. Balboa Island Improvement Association is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, Balboa Island Improvement Association generated $116.1k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $113.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
IN 1918 THE BALBOA ISLAND IMPROVEMENT ASSOCIATION WAS STARTED (AND IS STILL GOINGSTRONG). THE BIIA WAS A STRONG MOTIVATING FORCE IN WORKING WITH THE CITY ONBULKHEAD REPAIR, FERRY SERVICE, A SEWER SYSTEM, WATER, GAS, ELECTRICITY, PAVEDSTREETS AND SIDEWALKS, AND STREET LIGHTING.BALBOA ISLAND IMPROVEMENT ASSOCIATION HOSTS SEVERAL ANNUAL CELEBRATIONS INCLUDINGTHE HOLIDAY BOAT PARADE, TREE LIGHTING, HOME TOURS, ISLAND PARADE AND AN ART WALK.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Terry Janssen Vice President | 10 | $0 | |
Larry Kallestad Membership | 1 | $0 | |
Sue Sibley Secretary | 1 | $0 | |
Cathy Saari Treasurer | 10 | $0 | |
Annette Gierman Director | 0 | $0 | |
Dea Burton Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $110,943 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $5,191 |
| Other Revenue | $0 |
| Total Revenue | $116,134 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $6,990 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $11,948 |
| Other expenses | $94,954 |
| Total expenses | $113,892 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $70,670 |
| Other assets | $0 |
| Total assets | $70,670 |
| Total liabilities | $0 |
| Net assets or fund balances | $70,670 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Balboa Island Improvement Association has recieved totaling $65.
| Awarding Organization | Amount |
|---|---|
David And Elita Balfour Foundation Pasadena, CA PURPOSE: GENERAL | $65 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Policylink Oakland, CA | $113,528,942 | $83,393,172 |
Brawley Community Foundation Brawley, CA | $92,585,443 | $40,693,477 |
Faith In Action Network Oakland, CA | $57,402,769 | $31,612,901 |
Los Angeles Tourism Marketing District Corporation Los Angeles, CA | $15,743,609 | $14,651,626 |
Contract Services Administration Training Trust Fund Burbank, CA | $47,747,066 | $22,467,369 |
Community Coalition For Substance Abuse Prevention & Treatment Los Angeles, CA | $21,333,754 | $12,023,124 |
Tempe Community Action Agency Inc Tempe, AZ | $2,621,216 | $4,725,859 |
South Yuba River Citizens League Nevada City, CA | $2,701,919 | $4,085,213 |
Hyde Street Community Services Inc San Francisco, CA | $1,265,583 | $3,555,973 |
Civic Center Community Benefit District Inc San Francisco, CA | $6,725,973 | $3,947,040 |
Sustainable Northwest Portland, OR | $5,425,924 | $2,924,728 |
California Association Of Community Managers Inc Laguna Hills, CA | $3,532,616 | $3,354,520 |