Dimond Improvement Association

“A full copy of the 990 is distributed to all board members for review prior to filing.”

“The following policy was adopted by the dimond improvement association board of directors at the october 10, 2013 meeting: no dimond improvement association board member shall have any financial interest including though not limited to interest through family members, business relations or other associates in the assets of the dimond improvement association or connection with any transaction which the dimond improvement association proposes unless such interest is disclosed and approved by a majority of the dimond improvement association board then in office. Board members are required to notify the full board upon the realizaiton that they might have a conflict of interest.”

“The executive committe of the agency currently serve the function of the managing officers, without compensation. There are no plans to hire any paid managing officers.”

“All organzing documents are available upon written request.”

“Every wednesday and saturday throughout the year, dias keep dimond clean volunteers gather to collect trash in the commercial area. At the morning meet-up, each volunteer is equipped with bag, gloves, pick-up grabber, and a safety vest. Each person is then assigned a route to walk to collect litter. At the end of an hour or so, all the bags are placed at our city- designated drop spot for city trucks to pick up. Volunteers average 7-12 each day. (b) on 1-3 days per month, volunteers also weed and tend to landscaped areas in the commercial district. These areas include a small wedge of open space overlooking sausal creek; a large parking lot with a permitter of plants; a planted area in front of the local veterinary clinic; various street-tree wells. (c) once a year, dia holds a huge volunteer event called dimond shine. Between 140-160 volunteersadults, youth, and familiescome out for three hours to tackle a variety of projects, from weeding and mulching, to litter pick-up, to painting public infrastructure, to cleaning public art mosaics, to assisting the librarys gardeners.”

“Beautification + kdc fees 32,371 0 0 misc events fees 730 0 0 cevo fees 7,900 0 0 fodp grant fees 6,000 0 0 co-share fee oaktoberfest 36,747 0 0 event planner bonuses 28,284 0 0 fees + licenses 0 0 3,637 total 112,032 0 3,637”

“Accrual basis change 14,260 the agency had been filing the 990s on a cash basis for all years through fiscal year ended 03/31/2024. As the agency has now been keeping its books on the accrual basis and also issuing internal and funder reports on the accrual basis, the decision has beeen made to prepare the annual irs 990 and ftb 199 reports on the accrual basis as well. The difference in net assets as of 03/31/2024 between cash and accrual is 14,260. Detail is as follows: 1) accounts receivable as of 03/31/2024 20,197 2) accounts payable as of 03/31/2024 (5,937) this has been entered as a net asset adjustment.”