Civic Intelligence

Main Street Renton

EIN 47-2821579 • 501(c)3 • Renton, WA

Profile

The mission of the Renton Downtown Partnership (RDP) is to cultivate a vibrant social, cultural, and economic center by bringing together the community, non-profits, and city center stakeholders while celebrating the unique historic character of Renton's Downtown.

241 Williams Ave SRenton, WA 98057-5005

rentondowntown.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

1st percentile

-0.02x

Higher debt load relative to assets than 1% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

1st percentile

-0.02x

Higher debt load relative to revenue than 1% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

72nd percentile

18%

Higher net margin than 72% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

79th percentile

27%

Faster asset growth than 79% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

33rd percentile

-21%

Faster revenue growth than 33% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$189,982

Up $40,406 (+27%) from 2023

Liabilities

Down

-$4,561

Down $7,189 (-274%) from 2023

Net Assets

Up

$194,543

Up $47,595 (+32%) from 2023

Revenue

Down

$271,239

Down $72,751 (-21%) from 2023

Expenses

Down

$223,645

Down $19,576 (-8.0%) from 2023

Net Income

Down

$47,594

Down $53,175 (-53%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$200K$150K$100K$50K$0-$50KAssets 2015: $1Liabilities 2015: $02015Assets 2016: $360Liabilities 2016: $02016Assets 2018: $41,282Liabilities 2018: $0Net Assets 2018: $41,2822018Assets 2019: $74,191Liabilities 2019: $1,170Net Assets 2019: $73,0212019Assets 2020: $25,636Liabilities 2020: $0Net Assets 2020: $25,6362020Assets 2021: $33,466Liabilities 2021: $0Net Assets 2021: $33,4662021Assets 2022: $46,728Liabilities 2022: $1,447Net Assets 2022: $45,2812022Assets 2023: $149,576Liabilities 2023: $2,628Net Assets 2023: $146,9482023Assets 2024: $189,982Liabilities 2024: -$4,561Net Assets 2024: $194,5432024

Highlighted filing

2024

Assets$189,982
Liabilities-$4,561
Net Assets$194,543

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$300K$200K$100K$0-$100KRevenue 2015: $0Expenses 2015: $0Net Income 2015: $02015Revenue 2016: $360Expenses 2016: $0Net Income 2016: $3602016Revenue 2018: $65,642Expenses 2018: $36,272Net Income 2018: $29,3702018Revenue 2019: $84,154Expenses 2019: $52,415Net Income 2019: $31,7392019Revenue 2020: -$4,792Expenses 2020: $42,593Net Income 2020: -$47,3852020Revenue 2021: $64,702Expenses 2021: $58,540Net Income 2021: $6,1622021Revenue 2022: $235,559Expenses 2022: $223,744Net Income 2022: $11,8152022Revenue 2023: $343,990Expenses 2023: $243,221Net Income 2023: $100,7692023Revenue 2024: $271,239Expenses 2024: $223,645Net Income 2024: $47,5942024

Highlighted filing

2024

Revenue$271,239
Expenses$223,645
Net Income$47,594

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 9, 2025
Return Version
2024v5.1
Gross Receipts
$271,239
Mission and Program Overview

Mission

The mission of the Renton Downtown Partnership (RDP) is to cultivate avibrant social, cultural and economic center by bringing together thecommunity, non-profits and city center stakeholders while celebrating theunique historic character of Rentons Downtown.

The mission of the Renton Downtown Partnership (RDP) is to cultivate a vibrant social, cultural, and economic center by bringing together the community, non-profits, and city center stakeholders while celebrating the unique historic character of Renton's Downtown.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$87,869$151,041▲ $63,172
Savings and Temporary Cash Investments$20,004$20,008▲ $4
Accounts Receivable$41,704$18,933▼ $22,771
Land, Buildings, and Equipment, Net-$0-
Total Assets$149,577$189,982▲ $40,405
Liabilities
Accounts Payable and Accrued Expenses$1,427$1,427→ $0
Other Liabilities$1,201$-5,988▼ $7,189
Total Liabilities$2,628$-4,561▼ $7,189
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$146,949$194,543▲ $47,594
Total Net Assets Fund Balance$146,949$194,543▲ $47,594
Total Liabilities and Net Assets / Fund Balance$149,577$189,982▲ $40,405
Compensation and Service Providers

Board Members and Trustees

NameTitle
Cameron WongBoard President
Steven VargasBoard Vice President
Bianca MondaresAt-Large Board Member
Colleen LenahanAt-Large Board Member
Jenna GilbreathAt-Large Board Member
Joanna LisAt-Large Board Member
Katie MaloneyAt-large Board Member
Lachlan HuckAt-Large Board Member
Wesley HenryAt-Large Board Member
Elaine StachowiakBoard Secretary
Jennifer ThompsonBoard Treasurer
Joshua ShulkindExecutive Director
Revenue and Support

Revenue Composition

Contributions and Grants
$161,644
Program Service Revenue
$31,120
Investment Income
$0
Other Revenue
$78,475
All Other Contributions
$32,018
Change in Net Assets
$47,594
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$112,143
Other Expenses$111,502
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees-$69,036-$69,036
Other Salaries and Wages-$32,842-$32,842
Payroll Taxes-$10,265-$10,265
Other Expenses$9,651--$9,651
Fees for Services Accounting-$6,763-$6,763
Fees for Services Other-$6,507-$6,507
All Other Expenses$3,794$1,080-$4,874
Advertising$4,871--$4,871
Office Expenses-$4,435-$4,435
Travel-$4,121-$4,021
Information Technology-$3,036-$3,036
Insurance-$2,372-$2,372
Conferences and Meetings-$2,144-$2,144
Fees for Services Management-$1,967-$1,967
Interest-$150-$150
Total Functional Expenses$71,802$144,718$0$223,645
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$16,692
Fundraising Direct Expenses$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liabilities$-5,988
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Main Street Renton
EIN
47-2821579
Phone
2066585315
Address
241 WILLIAMS AVE S, RENTON, WA 98057-5005
Doing Business As
Renton Downtown Partnership

Signing Officer

Name
Cameron Wong
Title
President
Phone
2066585315
Signed
2025-05-09

Organization Details

Principal Officer
Cameron Wong
Formed
2015
Legal Domicile
Wa
Voting Board Members
0
Independent Board Members
0
Employees
2
Supplemental Narrative

Additional Explanations

Part III 4A

For the year ended December 31, 2024, the organization operated the following programs: SMALL BUSINESS SATURDAY: In an effort to support local shops that make our communities strong, the Renton Downtown Partnership hosts Small Business Saturday in downtown Renton on the Saturday after Thanksgiving to encourage people to shop small and bring more holiday shopping to small businesses in the downtown core. The event includes games and prizes for the kids and adults to incentivize local purchasing power and encourage families to spend the day rediscovering their downtown merchants. The event ends with music and the annual tree lighting and arrival of Santa in Piazza Park. DOWNTOWN CELEBRATIONS: The Renton Downtown Partnership enhances downtown celebrations, including the annual tree lighting, downtown Santa House, Halloween Party, and downtown Trick-or-Treat events, and assists the City with the operation of the Tuesday Farmers Market that runs from June through September. WINE WALKS: Hosted two, the goal of which is to bring guests through various participating businesses located in downtown Renton. Each business has a featured local winery offering wine tasting and light snacks. Guests purchase tickets that include an event glass and a map, and are given a wristband to get samples at each stop. The event highlights the merchants in the downtown and provides a casual environment for attendees and shoppers to learn about the offerings and services available to them in the downtown core. HISTORIC WALKING TOURS: Hosted annually, attendees are brought around the downtown by a tour guide and shown where the City of Renton began and how far it's come. The tour includes a free ticket to the Renton History Museum. CLEAN UP EVENTS: Hosted each quarter to clean up downtown and the immediate surrounding areas with volunteers and a partnership with a dumpster company. OLDE-FASHIONED HALLOWEEN: A district-wide event full of fun for the whole family. Costume Contests, Scarecrow scavenger hunts, and so many games and activities. SANTA HOUSE: A free trip to the North Pole for kids of all ages, photos provided, and activation at the Civic Theater. The Renton Downtown Partnership is able to conduct all of these varied events due to the overwhelming dedication of the 250 volunteers who have contributed thousands of hours collectively in 2024 to helping the downtown community in Renton thrive.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0For the year ended December 31, 2024, the organization operated the following programs: SMALL BUSINESS SATURDAY: In an effort to support local shops that make our communities strong, the Renton Downtown Partnership hosts Small Business Saturday in downtown Renton on the Saturday after Thanksgiving to encourage people to shop small and bring more holiday shopping to small businesses in the downtown core. The event includes games and prizes for the kids and adults to incentivize local purchasing power and encourage families to spend the day rediscovering their downtown merchants. The event ends with music and the annual tree lighting and arrival of Santa in Piazza Park. DOWNTOWN CELEBRATIONS: The Renton Downtown Partnership enhances downtown celebrations, including the annual tree lighting, downtown Santa House, Halloween Party, and downtown Trick-or-Treat events, and assists the City with the operation of the Tuesday Farmers Market that runs from June through September. WINE WALKS: Hosted two, the goal of which is to bring guests through various participating businesses located in downtown Renton. Each business has a featured local winery offering wine tasting and light snacks. Guests purchase tickets that include an event glass and a map, and are given a wristband to get samples at each stop. The event highlights the merchants in the downtown and provides a casual environment for attendees and shoppers to learn about the offerings and services available to them in the downtown core. HISTORIC WALKING TOURS: Hosted annually, attendees are brought around the downtown by a tour guide and shown where the City of Renton began and how far it's come. The tour includes a free ticket to the Renton History Museum. CLEAN UP EVENTS: Hosted each quarter to clean up downtown and the immediate surrounding areas with volunteers and a partnership with a dumpster company. OLDE-FASHIONED HALLOWEEN: A district-wide event full of fun for the whole family. Costume Contests, Scarecrow scavenger hunts, and so many games and activities. SANTA HOUSE: A free trip to the North Pole for kids of all ages, photos provided, and activation at the Civic Theater. The Renton Downtown Partnership is able to conduct all of these varied events due to the overwhelming dedication of the 250 volunteers who have contributed thousands of hours collectively in 2024 to helping the downtown community in Renton thrive.
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IRS990/USAddress/AddressLine1Txt0241 WILLIAMS AVE S
IRS990/USAddress/CityNm0RENTON
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Cameron Wong
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum02066585315
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MAIN STREET RENTON

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