Civic Intelligence

Oldtown Salinas Association

990 • Fiscal year 2012 • EIN 94-2398720

Jul 01, 2011 to Jun 30, 2012 • Filed on Jan 12, 2013

PO Box 232593902
Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

80th percentile

0.17x

Higher debt load relative to assets than 80% of similar nonprofits.

2012 filings • 501(c)4 • <$500k nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

93rd percentile

62%

Faster asset growth than 93% of similar nonprofits.

2012 filings • 501(c)4 • <$500k nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$75,962

Up $28,939 (+62%) from 2011

Net Assets

Up

$62,952

Up $16,166 (+35%) from 2011

Liabilities

Up

$13,010

Up $12,773 (+5389%) from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$133,186

Down $6,794 (-4.9%) from 2011

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$80K$60K$40K$20K$0Assets 2011: $47,023Liabilities 2011: $237Net Assets 2011: $46,7862011Assets 2012: $75,962Liabilities 2012: $13,010Net Assets 2012: $62,9522012Assets 2013: $57,000Liabilities 2013: $2,419Net Assets 2013: $54,5812013Assets 2014: $30,917Liabilities 2014: $1,966Net Assets 2014: $28,9512014Assets 2015: $6,153Liabilities 2015: $2,843Net Assets 2015: $3,3102015Assets 2016: $40,146Liabilities 2016: $25,552Net Assets 2016: $14,5942016

Highlighted filing

2012

Assets$75,962
Liabilities$13,010
Net Assets$62,952

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$200K$100K$0-$100KRevenue 2011: $129,953Expenses 2011: $139,980Net Income 2011: -$10,0272011Expenses 2012: $133,1862012Revenue 2013: $142,715Expenses 2013: $151,086Net Income 2013: -$8,3712013Revenue 2014: $170,972Expenses 2014: $196,601Net Income 2014: -$25,6292014Revenue 2015: $170,387Expenses 2015: $196,028Net Income 2015: -$25,6412015Revenue 2016: $132,432Expenses 2016: $121,147Net Income 2016: $11,2852016

Highlighted filing

2012

Revenue-
Expenses$133,186
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2011 to Jun 30, 2012
Signed
Jan 12, 2013
Return Version
2011v1.5
Gross Receipts
$247,365
Mission and Program Overview

Mission

To promote and enhance Oldtown Salinas, provide its members with a unified effort to sustain and expand commercial activity, and facilitate a lively, safe and clean downtown environment.

Major Activities

Activity 2
Economic Development:The Executive Director remained actively involved in the Business Development Task Force to monitor city policies that affect business development, retention, and attraction in the downtown area. Regular interaction and coalition building between the association and the Salinas Valley Chamber of Commerce, Salinas Unified Business Association, and the City of Salinas resulted in a consolidation of resources and energy to help create a business-friendly and inviting climate for new and existing businesses in Salinas as a whole. The Executive Director has been an active member on the Downtown Salinas Community Board to provide a link between the development of the Chinatown area and Oldtown Salinas.We have continued to maintain and grow the Farmer's Market every Saturday in Oldtown.The Oldtown Salinas Association was able to maintain a balanced budget this year.
Activity 3
Beautification and Security:Maintained HOPE Services contract at current service hours.Increased committee efforts to find viable solutions for persistent problems.Raised donations from property owners to supplement service costs.Maintained graffiti removal efforts & removed graffiti on several second story buildings with the help of City Graffiti Abatement program.
Filing and Contact Details

Filer

EIN
94-2398720
Raw XML AppendixShowing 400 of 492 raw XML fields

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IRS990/Activity2/Description0Economic Development:The Executive Director remained actively involved in the Business Development Task Force to monitor city policies that affect business development, retention, and attraction in the downtown area. Regular interaction and coalition building between the association and the Salinas Valley Chamber of Commerce, Salinas Unified Business Association, and the City of Salinas resulted in a consolidation of resources and energy to help create a business-friendly and inviting climate for new and existing businesses in Salinas as a whole. The Executive Director has been an active member on the Downtown Salinas Community Board to provide a link between the development of the Chinatown area and Oldtown Salinas.We have continued to maintain and grow the Farmer's Market every Saturday in Oldtown.The Oldtown Salinas Association was able to maintain a balanced budget this year.
IRS990/Activity3/Description0Beautification and Security:Maintained HOPE Services contract at current service hours.Increased committee efforts to find viable solutions for persistent problems.Raised donations from property owners to supplement service costs.Maintained graffiti removal efforts & removed graffiti on several second story buildings with the help of City Graffiti Abatement program.
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IRS990/Description0Organization:The Oldtown Salinas Association (OSA) is a business improvement district with approximately 340 merchant members. OSA serves to promote and enhance Oldtown Salinas's commercial success with a lively, safe and clean downtown. Categories of emphasis include Economic Development, Beautification and Security, Marketing, Promotions and Events.
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IRS990/Form990PartVIISectionA/NamePerson1Jeff LaTourette
IRS990/Form990PartVIISectionA/NamePerson2Trish Sullivan
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IRS990/Form990PartVIISectionA/NamePerson4Don Reynolds
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IRS990/Form990PartVIISectionA/NamePerson6Colleen Bailey
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IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation0Transfered fund balances to OSF account $ -7567 Rounding $ -2
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IRS990ScheduleO/GeneralExplanation/Explanation0Website: Column (A) - Total = $1730; Column (B) - Program Services = $0; Column (C) - Management & General = $1730; Column (D) - Fundraising = $0
IRS990ScheduleO/GeneralExplanation/Explanation1Utilities: Column (A) - Total = $2815; Column (B) - Program Services = $0; Column (C) - Management & General = $2815; Column (D) - Fundraising = $0
IRS990ScheduleO/GeneralExplanation/Explanation2Training: Column (A) - Total = $760; Column (B) - Program Services = $0; Column (C) - Management & General = $760; Column (D) - Fundraising = $0
IRS990ScheduleO/GeneralExplanation/Explanation3Telephone and internet: Column (A) - Total = $1660; Column (B) - Program Services = $0; Column (C) - Management & General = $1660; Column (D) - Fundraising = $0
IRS990ScheduleO/GeneralExplanation/Explanation4Taxes: Column (A) - Total = $102; Column (B) - Program Services = $0; Column (C) - Management & General = $102; Column (D) - Fundraising = $0
IRS990ScheduleO/GeneralExplanation/Explanation5Supplies: Column (A) - Total = $1518; Column (B) - Program Services = $0; Column (C) - Management & General = $1518; Column (D) - Fundraising = $0
IRS990ScheduleO/GeneralExplanation/Explanation6Security : Column (A) - Total = $600; Column (B) - Program Services = $0; Column (C) - Management & General = $600; Column (D) - Fundraising = $0
IRS990ScheduleO/GeneralExplanation/Explanation7Promotion: Column (A) - Total = $58; Column (B) - Program Services = $0; Column (C) - Management & General = $58; Column (D) - Fundraising = $0
IRS990ScheduleO/GeneralExplanation/Explanation8Printing and graphics: Column (A) - Total = $129; Column (B) - Program Services = $0; Column (C) - Management & General = $129; Column (D) - Fundraising = $0
IRS990ScheduleO/GeneralExplanation/Explanation9Postage: Column (A) - Total = $352; Column (B) - Program Services = $0; Column (C) - Management & General = $352; Column (D) - Fundraising = $0
IRS990ScheduleO/GeneralExplanation/Explanation10Outside services: Column (A) - Total = $1060; Column (B) - Program Services = $0; Column (C) - Management & General = $1060; Column (D) - Fundraising = $0
IRS990ScheduleO/GeneralExplanation/Explanation11Meetings and entertainment: Column (A) - Total = $1424; Column (B) - Program Services = $0; Column (C) - Management & General = $1424; Column (D) - Fundraising = $0
IRS990ScheduleO/GeneralExplanation/Explanation12Dues and subscriptions: Column (A) - Total = $159; Column (B) - Program Services = $0; Column (C) - Management & General = $159; Column (D) - Fundraising = $0
IRS990ScheduleO/GeneralExplanation/Explanation13Contract services: Column (A) - Total = $1098; Column (B) - Program Services = $0; Column (C) - Management & General = $1098; Column (D) - Fundraising = $0
IRS990ScheduleO/GeneralExplanation/Explanation14Bank charges: Column (A) - Total = $268; Column (B) - Program Services = $0; Column (C) - Management & General = $268; Column (D) - Fundraising = $0
IRS990ScheduleO/GeneralExplanation/Explanation15No documents available to the public.
IRS990ScheduleO/GeneralExplanation/Explanation16No review was or will be conducted.
IRS990ScheduleO/GeneralExplanation/Explanation17OTHER PROGRAM SERVICES 4: Promotions:Maintained quarterly Oldtown Update newsletters.Maintained KION cooperative television advertising.Presented Passport to Cherrys, and Holiday Parade of Lights, bringing thousands at each event to Oldtown.Sponsored Salinas Valley Food & Wine Festival that brings together local restuarants and vintners to showcase their businesses.
IRS990ScheduleO/GeneralExplanation/Identifier0Form 990, Part IX, Line 24e
IRS990ScheduleO/GeneralExplanation/Identifier1Form 990, Part IX, Line 24e
IRS990ScheduleO/GeneralExplanation/Identifier2Form 990, Part IX, Line 24e
IRS990ScheduleO/GeneralExplanation/Identifier3Form 990, Part IX, Line 24e
IRS990ScheduleO/GeneralExplanation/Identifier4Form 990, Part IX, Line 24e
IRS990ScheduleO/GeneralExplanation/Identifier5Form 990, Part IX, Line 24e
IRS990ScheduleO/GeneralExplanation/Identifier6Form 990, Part IX, Line 24e
IRS990ScheduleO/GeneralExplanation/Identifier7Form 990, Part IX, Line 24e
IRS990ScheduleO/GeneralExplanation/Identifier8Form 990, Part IX, Line 24e
IRS990ScheduleO/GeneralExplanation/Identifier9Form 990, Part IX, Line 24e
IRS990ScheduleO/GeneralExplanation/Identifier10Form 990, Part IX, Line 24e
IRS990ScheduleO/GeneralExplanation/Identifier11Form 990, Part IX, Line 24e
IRS990ScheduleO/GeneralExplanation/Identifier12Form 990, Part IX, Line 24e
IRS990ScheduleO/GeneralExplanation/Identifier13Form 990, Part IX, Line 24e
IRS990ScheduleO/GeneralExplanation/Identifier14Form 990, Part IX, Line 24e
IRS990ScheduleO/GeneralExplanation/Identifier15Form 990, Part VI, Line 19
IRS990ScheduleO/GeneralExplanation/Identifier16Form 990, Part VI, Line 11
IRS990ScheduleO/GeneralExplanation/Identifier17Form 990, Part III, Line 4d
IRS990ScheduleO/GeneralExplanation/ReturnReference0Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/GeneralExplanation/ReturnReference1Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/GeneralExplanation/ReturnReference2Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/GeneralExplanation/ReturnReference3Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/GeneralExplanation/ReturnReference4Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/GeneralExplanation/ReturnReference5Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/GeneralExplanation/ReturnReference6Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/GeneralExplanation/ReturnReference7Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/GeneralExplanation/ReturnReference8Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/GeneralExplanation/ReturnReference9Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/GeneralExplanation/ReturnReference10Form 990, Part IX, Line 24e: Other Expenses

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